Energy Policy 39 (2011) 603–612 Contents lists available at ScienceDirect Energy Policy journal homepage: www.elsevier.com/locate/enpol Impact of oil price shocks on selected macroeconomic variables in Nigeria Akin Iwayemi 1‚ Babajide Fowowe n Department of Economics‚ University of Ibadan‚ Ibadan‚ Nigeria a r t i c l e in f o Article history: Received 14 January 2010 Accepted 20 October 2010 Available online 11 November 2010 Keywords: Oil price shocks Nonlinear models Nigeria abstract
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Persian Gulf‚ the red sea‚ the Mediterranean Sea‚ the black sea‚ and the Caspian Sea. This empire was ruled by a king that lived in Nineveh. Their king chose governors to rule provinces (territorial units) to collect taxes and to maintain order. In 612 B.C. Assyrians capital‚ Nineveh was surrounded and destroyed by a coalition of Medes‚ Scythians‚ and Chaldeans. They had killed off the previous Assyrian empire. The Assyrian times were divided up into 6 periods: Emergence‚ First golden Age‚ first Dark
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R R1 R2 3 2 1 (2) 2 solve for a ax xy ay 3x 1 (3) y solve for x x2 2 y 1 (4) x solve for y y 5 (1) 5. Factor following polynomials. (1) To determine the number of deer in a forest‚ a conservationist catches 612 deer‚ tags them and lets them loose. Later 224 deer are caught‚ 72 of which are tagged. Estimate how many deer are in the forest. (2) The coffee beans from 14 trees are required to produce 7.7 kg of coffee. How many trees are required to produce
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Although automobiles existed before Henry Ford created his model‚ he was still a great influence on the country. Ford Motor Company was established in 1905 and "by 1929‚ half of all Americans owned a car" (Foner‚ 612). One of the most important thing that Ford had done was adopt the moving assembly line in 1913. This contributed to more people owning cars‚ which in turn stimulated the economy and increased the need for supplies. Spurring consumerism within the nation‚ Henry Ford and the automobile
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The Evolution of Business OMM 640: Business Ethics and Social Responsibility Instructor Whitten September 4‚ 2013 The Evolution of Business Since the term “business” became a word everyone was familiar with‚ the purpose and principle behind business ethics and values was created. Even though no one in this day and age can be 100% sure how businesses were created‚ and how entrepreneurs were able to provide a sense of stability for themselves and their families‚ we can see
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Cash Flow Statement - Ford Motor Company Nancijo C. Emerson OMM 622 Financial Decision-Making (MFJ1448A) Professor Martin Cain December 22‚ 2014 Cash Flow Statement - Ford Motor Company What Does Cash Flow Mean? A revenue or expense stream that changes a cash account over a specific period. Cash inflows usually arise from one of three activities— operating activities‚ investing activities‚ and financial. Cash activities outflows result from expenses or investments that a
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Contents Introduction1 Fundamental Analysis1 Prospect Analysis3 Financial Analysis4 Investment Analysis4 Operating Policy7 Conclusion8 Appendix Introduction Ocean Carrier Inc. owned and operated cape-size dry bulk carriers worldwide. Major Cargo type is iron ore and coal. Vessel sizes are 80‚000 DWT to 210‚000 DWT. Cape-size carriers travel around Cape Horn rather than the Panama Canal due to size constraints. The cargo operations include maintenance‚ repairs‚ insurance‚ supplying of
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Starting a Business 1. What is Franchising? Franchising is a business method of expansion that allows an individual or group of individuals to market a product or a service and to use of the patent‚ trademark‚ trade name and the systems prescribe by the owner. Who is the franchiser/franchisor and franchisee? • Franchisor/Franchiser – a legal entity which owns the patent‚ trademark‚ method and products or services that allows others to use under his name. • Franchisee – a person or a group of persons
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“He is the reason I believe in God; I am a Christian because of Owen Meany‚” (Irving‚ 1). These were John’s first words of the book‚ and it nicely represents what the whole book is going to be about. Religious faith‚ including fate destined by God‚ is the leading theme in A Prayer for Owen Meany. Many characters‚ especially John Wheelwright and Owen Meany‚ undergo a series of events in their lives that make them question‚ or justify the existence of God in a world where there is no obvious evidence
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OCEAN CARRIERS Suggested Questions and Analysis Questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect the daily spot hire rates to increase or decrease next year? Spot Charter rates fluctuated based on market conditions. Exhibit 3 displays the current order book for dry capsizes for upcoming years—much larger when compared with the current fleet size per exhibit 2. When the market demand for dry bulk capsizes is high‚ carriers can demand higher spot charter rates. When market
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