if a case is valid enough to be reviewed. First the person who is involved must have a standing or vested interest in the particular case. ?The traditional requirement for standing has been to show injury to oneself; that injury can be personal‚ economic‚ or even aesthetic (Ginsberg 596).? Therefore‚ a person should have material interests that are directly involved with the outcome of the case. Secondly the Supreme Court will only look at cases which reveal controversies involving conflicting decisions
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What are the functions of Development Banks? Describe its Quantitative and Qualitative roles. Solution: Development Banks or Development Finance Institutions (DFI’s) as these are normally called in the financial world are a post World War II phenomenon. Their establishment in Africa‚ Asia and other developing countries in most cases coincided with the attainment of independence. Their mission being “to expedite the pace of development in accordance with the national priorities and aspirations
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perform their particular financial functions more efficiently. In contrast to the institutional perspective‚ a functional approach to designing and managing financial system‚ as proposed by Professor Robert Merton (Harvard Business School) and Professor Zvi Bodie (Boston University) in various papers over the last two decades‚ takes the functions performed by financial systems to be given‚ and studies the institutional structure that would best perform these functions. Financial Markets and intermediaries
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charges for lending.” Significance of Banking Banking is one of the most sensitive businesses all over the world. Banks play very important role in the economy of a country and Pakistan is no exemption. Banks are custodian to the assets of the general masses. The banking sector plays a significant role in a contemporary world of money and economy. It influences and facilitates many different but integrated economic activities like resources mobilization‚ poverty elimination‚ production and
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References: 1. Sexton‚ Robert; Fortura‚ Peter (2005). Exploring Economics. "This is the sum of the demand for all final goods and services in the economy. It can also be seen as the quantity of real GDP demanded at different price levels." 2. ^ O ’Sullivan‚ Arthur; Steven M. Sheffrin (2003). Upper Saddle River‚ New Jersey 07458: Pearson Prentice Hall. pp. 307. 3. Australian Bureau of Statistics‚ Concepts‚ Sources and Methods‚ Chap. 4‚ "Economic concepts and the national accounts"‚ "Production"‚ "The production
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of wildlife‚ and humans. It can affect lands‚ waterways like oceans and rivers. The biggest prominent factor for usage of plastic bags is due to inexpensiveness and durability of it‚ which automatically increases its usage among human beings. Since‚ most of the plastic bags are difficult to recycle; they land up on the water beds and affect the animal kingdom. Sea animals gobble up these plastics‚ which eventually goes in human stomach as humans consume these animals like fish. Top items found on
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Economics Reviewer (For IV- Understanding ONLY) Market – the medium in which buyers and sellers interact. (Note: its meaning is not limited to a location or geographical area‚ it also focuses on people who are WILLING and ABLE to buy and/or sell goods and services. Two major players/actors in the market: Buyers & Sellers Market Equilibrium: when buyers and sellers agree at a certain price and quantity to transact Price Equilibrium: price agreed by both buyers and sellers. Quantity Equilibrium:
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price‚ income and other commodities. Calculating price‚ income and crossprice elasticity can review the new cars market‚ it can be found that the demand and supply of new cars are always affected by these three factors. This essay will examine the economic factors that affect the elasticities for new cars. First of all‚ this essay will now examine the PED. The price elasticity of demand "measures the responsiveness of quantity demanded to the price change of a product"‚ and It can be calculated
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Principles for Government A government is the system by which a state or community is governed. In the case of its broad definition‚ government normally consists of legislative‚ executive and judicial. Government is the means by which state policy is enforced‚ as well as the mechanism for determining the policy of the state. A form of government‚ or form of state governance‚ refers to the set of political systems and institutions that make up the organization of a specific government. States are
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The resonating sound of a gunshot fills the forest surrounding the old‚ run-down‚ one bedroom cabin in the German Black Forest. A man sits in a chair‚ air no longer pumping in and out of his lungs. A splatter of blood is present on the wall behind him. A gun lies on the floor beside him‚ missing only one shot of ammunition. The police believe this to be a suicide‚ but two top-notch detectives think otherwise. This is a job for detectives Bald Eagle and 8-Ball! Gary Kinkead‚ codename Bald
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