deposits‚ make loans • Banks make money on the spread between what they take in from loans and what they pay out on interest on deposits o (minus their expenses) • Government licensed institutions o Can be licensed by the federal government or the state government o Federally chartered or state chartered • Receiving‚ keeping‚ lending‚ money with interest o "Banco" ( bench or desk • Borrow short lend long o Borrow money short term‚ and lend in the long term
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METHODS TO CONTROL INFLATION Inflation in general terms means expansion. In the context of prices inflation means continuous rise in price level. There are broadly two ways of controlling inflation in an economy: 1). Monetary measures and 2). Fiscal measures I).Monetary Measures The most important and commonly used method to control inflation is monetary policy of the Central Bank. Most central banks use high interest rates as the traditional way to fight or prevent inflation
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Span of control is refers to the number of direct reports a manager has. In other words it states the number of employees can a manager efficiently and effectively manage. The optimal numbers of subordinates supervised by a single executive is 5 to 6 in an average firm. It is importantly to note that managers that have more than six subordinates would soon lose track of what is going on in the organisation. Therefore the number of direct reports a manager can handle depends on the nature of the work
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Abstinence Pledges – Are They Effective or Ineffective? Studies are proving both sides of this argument. They show that the pledges are both effective as well as ineffective‚ but mostly they are‚ ineffective. Although many teens take the Abstinence Pledge‚ most do not stick to it. Clearly‚ the pledges are ineffective because teens are still having sex & are not waiting until after marriage. My viewpoint on this subject is that Abstinence Pledges are ineffective and many who take the pledge fail
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How did Hitler control Germany? Hitler was a dictator. This means that he had complete control over Germany and nobody could stop him. When Hitler was in power‚ he got rid of all opposition with the help of his secret helpers (The S.S‚ The S.A‚ The Gestapo & The Hitler Youth.) Hitler ruled out any aspect of democracy‚ the people of Germany had no say in anything that happened in their country. They were not even allowed to suggest ideas to Hitler‚ anything that changed about Germany was because
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Chelsea Ferrell Lab 1 Closed-Loop Control According to our book‚ Motor Learning and Performance‚ a closed-loop control is a type of control that involves the use of feedback and the activity of error detection and correction processes to maintain the desired state; used by people to control slow‚ deliberate movements. The book uses a heating and cooling system to illustrate a closed-loop control‚ but a closed-loop control process is actually used for certain types of human performances. For our
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Financial Market can be defined as the market in which financial assets are created or transferred. As against a real transaction that involves exchange of money for real goods or services‚ a financial transaction involves creation or transfer of a financial asset. Financial Assets or Financial Instruments represents a claim to the payment of a sum of money sometime in the future and /or periodic payment in the form of interest or dividend. The primary function of a financial market is to facilitate the
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Neutrality and Non Neutrality of Money 1. Neutrality of Money Neutrality of money means that money is neutral in its effect on the fiscal system. A variation in the money stock can have short-run forces on the level of actual productivity‚ employment‚ rate of interest or the composition of final productivity. The only lasting impact of a variation in the money stock is to modify the normal price level. Otherwise‚ money is neutral if it does not influence corresponding prices and leaves the
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1 . What do you mean by Span of Control? Differentiate between narrow span of control and wide span of control. Describe the factors that influence the span of control. span of control is a span of supervision which depicts the number of employees that can be handled and controlled effectively by a single manager. According to this principle‚ a manager should be able to handle what number of employees under him should be decided. This decision can be taken by choosing either froma wide or narrow
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Film Review (The Money Pit) The Money Pit is a love comedy directed by Richard Benjamin in 1986. This movie was performed humorously by Tom Hanks who usually perform comedy. The movies he has performed before were The Man with One Red Shoe‚ Splash‚ Bachlor and etc. Tom Hanks and Shelley Long play Anna and Walter‚ a young couple just married. They spend most of their time dealing with managing their new house. The performed the unstable love of the couple clearly. Alexander Godunov
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