Basic Assumptions of Say’s Law: * (a) Perfectly competitive market and free exchange economy. * (b) Free flow of money incomes. All the savings must be immediately invested and all the income must be immediately spent. * (c) Savings are equal to investment
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INCOME INEQUALITY IN THE UNITED STATES OF AMERICA Still to date‚ the problem of income inequality is an issue of a great importance for million of African-Americans and others who struggle to improve their quality of life. It must be known by now‚ that economic injustice has had a devastating impact on black communities all across America. Issues such as inequality and racial discrimination in education‚ the social environment‚ and economics have gone on for too long‚ and it has been engraved
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1 AS INTRODUCED IN LOK SABHA Bill No. 61 of 2014 THE SURROGACY (REGULATION) BILL‚ 2014 BY DR. KIRIT PREMJIBHAI SOLANKI‚ M.P. A BILL to provide for regulation of surrogacy and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Sixty-fifth Year of the Republic of India as follows: — 1. (1) This Act may be called the Surrogacy (Regulation) Act‚ 2014. (2) It extends to the whole of India. 5 (3) It shall come into force on such date as the Central Government
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decision. http://o.canada.com/2012/10/10/1011-equalization/#.UT0EUYVKJX8 Equal Distribution of Income The fair distribution of income may be the most value-laden of all economic goals; it is certainly the most controversial. When it comes to dividing the total national output‚ there can be many interpretations of what makes for a fair division of wealth‚ as there are people. The issue of income equalization is further complicated by regional differences‚ as identified in the article. The equalization
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Fixed Income Securities Chapter 2 Basics of Fixed Income Securities Problem Set (light version of the exercises in the text) Q3. You are given the following data on different rates with the same maturity (1.5 years)‚ but quoted on a different basis and different compounding frequencies: • Continuously compounded rate: 2.00% annualized rate • Continuously compounded return on maturity: 3.00% • Annually compounded rate: 2.10% annualized rate • Semi-annually compounded rate: 2.01% annualized
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CASE STUDY “Modernization of NTUC Income” 1. Please read the case study that starts on the next page. 2. Answer all 5 questions below. 1. What were the problems faced by Income in this case? How were the problems resolved by the new digital system? 2. What types of information systems‚ communication and business processes were used by Income before migrating to the fully digital system? 3. Describe the Information systems and IT infrastructure at Income after migrating to the fully digital
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flows to be received in 0.5‚ 1‚ 1.5 and 2 years. Bond Price 6.0s of 7/15/13 102-15+ 5.0s of 1/15/14 103-7 3/4 8.0s of 7/15/14 107-24 4.0s of 1/15/15 100-23 1/2 Answer: (a) To find d(0.5) The equation from the 6.0s of 15 July 2013‚ is (b) To find d(1.0) The equation from the 5.0s of 15 January 2014‚ is From part (a)‚ the d(0.5) = 0.99499 (c) To find d(1.5) The equation from the 8.0s of 15 July 2014‚ is From part (a)‚ the d(0.5) = 0
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Req. 1 The owner’s equity increased during the year by $4‚000. Beginning owner’s equity: $19‚000 – $9‚000 = $10‚000 Ending owner’s equity : $27‚000 – $13‚000 = $14‚000 Change in owner’s equity: $14‚000 – $10‚000 = $4‚000 Req. 2 Owner’s equity can change three ways: Owner’s equity can increase through: Owner contributions and/or Net income Owner’s equity can decrease through: Owner drawings
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The Separation Story. August 31‚ 1939. The sun was setting in the west as Margaret and I skipped home from our self-defense class; Margaret asked if we could stop. Betty‚ can we please stop and play on the playground?" Margaret begged for a quote. "No‚ Margaret‚ Mother wants us home before dark‚" I replied. "But we’re just kids; we’re 12 years old and don’t have much of our childhood left. With all our training and self-defense‚ we don’t have much time to play and be kids." Margaret spoke to the
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Income Inequality Analysis Income inequality is a grand challenge and is at the base of many other grand challenges. For example‚ with income inequality some supplementary troubles may be inadequate health care‚ lack of quality education and homelessness. Furthermore‚ reports have shown that that the income inequality has widened since the recession. Income inequality affects everyone‚ especially minorities. One believes that this is part of the problem in society that fuels racism and
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