Inflation is the overall level prices of goods and services rapidly increase in an economy over a period time. When the overall price level increases‚ it will affect the decreasing purchasing power of the currency. An economic inflation is not occurs suddenly‚ it is causes by three types of inflation. The first cause is demand-pull inflation results from increases in aggregate demand on goods. The excess demand will cause the level price of goods rises. This is commonly described as "too much
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lending. · US interest rates kept too low for too long around 2003-2005. This encouraged an asset bubble‚ especially in US. The problem was that inflation was low and people felt this was the most important target. In targetting inflation‚ people ignored the asset bubble. (see: Mistakes of Alan Greenspan[->0]) · Bad Loans. Probably the biggest cause of the current credit crisis. Banks and mortgage companies made a serious of bad loans especially for subprime mortgages. Basically‚ people were lent
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Food Inflation Trends and Causes In our country almost 40% people are living below the poverty line and high inflation makes it extremely difficult for them to maintain the livelihood. Though Inflation hits the poorer the most‚ it also affects the middle class of our society significantly. For past few months Indian economy has been witnessing consistent spiralling food prices. Country got some respite with the food inflation rate declining to 6.60 percent for the week ended November 26‚ from
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distinct from the provision of remedies for violations of that right (just because a right was violated doesn’t necessarily mean there’s a remedy) Choices between responsible solutions in a world of limited possibilities (A solution requires the decision maker to select between alternative possible solutions in a world of limits) GOAL: to use actual professional judgment to choose as wisely as possible between all the alternative remedial solutions TYPES OF REMEDIES (usually classified according
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Global warming is the greatest challenge facing our planet. It is‚ in fact‚ the increase in the temperature of the earth’s neon- surface air. It is one of the most current and widely discussed factors. It has far-reaching impact on biodiversity and climatic conditions of the planet. Several current trends clearly demonstrate that global warming is directly impacting on rising sea levels‚ the melting of ice caps and significant worldwide climate changes. In short‚ global warming represents a fundamental
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------------------------------------------------- Top of FormBottom of Form | | Popular Searches: bed and breakfast sporting goods rentals | | | DISTRESS IN THE NIGERIAN BANKING INDUSTRY: A CRITICAL ASSESSMENT OF ITS NATURE‚ CAUSES AND EXTENT. BY DR.SANI A.ABDULLAHI DEPARTMENT OF BUSINESS ADMINISTRATION AHMADU BELLO UNIVERSITY‚ ZARIA Abstract In recent times‚ instability in the financial system and the banking sector in
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Solution to NCERT Text Book Questions 1. Describe the circumstances leading to the outbreak of revolutionary protest in France. Answer: Following are some of the causes which had a cumulative effect to result in revolution in France: (a) The war with Britain for an independent America: This war led to mounting debt on the French monarchy. This necessitated imposition of new taxes on the public. (b) Privilege based on birth: People got privileges and position based on their lineage and not on
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ETHNO RELIGIOUS CRISIS IN NIGERIA: CAUSES AND REMEDY. BY MUHAMMAD GAMBO ISGOGO HASSAN ADAMU MAKUKU UMAR HAMIDU ALIYU ABSTRACT Introduction Nigeria is no doubt a populous nation of over 88 million (1991 population census) but as at now Nigeria’s population is estimated to be above 120 million people of diverse ethnic groups and many religions. Its people are differently distributed in the 36 states that made up the nation. In addition to this‚ the nation is blessed with many economic potentialities
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Herbal Remedies Cheryl Hankins CM225-15 – College Composition II Professor Kelly Bradford August 9‚ 2009 Herbal Remedies The medicinal components of herbal remedies come from natural plant sources that range from flowers‚ tree barks‚ berries‚ leaves‚ and roots. These herbal medicines‚ also known as alternative medicines‚ used to treat a wide range of diseases and ailments are beneficial to the immune system. The use of herbs to treat conditions such as allergies‚ arthritis‚ colds‚ diabetes
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Eve teasing in Bangladesh causing many women to commit suicide 16 ??? 2010 15.36.39 by ANI London‚ June 16 (ANI): Eve teasing in Bangladesh has taken such a heavy toll on the country’s women that the education ministry there has voted to have an “Eve Teasing Protection Day”. The announcement was made after the increasing concern over the worrying number of girls and women who have recently committed suicide in the country to escape eve teasing‚ a euphemism for sexual harassment. According
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