MIFS Assignment 1 Name: Sudipt Kumar Section: FWF1 12-14 Question What is the role of financial intermediaries in conduct and development of economy? And what are the sources affecting the growth of financial system? Answer FINANCIAL INTERMEDIARIES A financial intermediary (such as a bank) simultaneously interacts with savers (or lenders) and borrowers and produces a set of services which facilitate the transformation of its liabilities (such as deposits) into assets (such as loans). The
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Labor Relations Chapter 7 Notes Pg 293 Industrial Wage Differentials Industrial wage differentials may be explained in terms of three interrelated factors: (1) the degree of completion or monopoly in the product market (2) the value added by workers in a particular industry (3) the percentage of total costs that labor costs represent - Competition in the product market - Value added by employees - Labor costs as a percentage of total costs. A firm’s degree of labor intensiveness a measure
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Kayra Feliz Van Houten College Composition March 3‚ 2015 Divided We Stand: An Overview of the Origins of American Apartheid Although people oftentimes believe segregation is synonymous with the Civil Rights movement‚ some people might be surprised to learn that racial residential segregation was not always the status quo. Prior to the turn of the 20th century‚ racially and economically diverse neighborhoods were the norm across the country. Urban “ghettoization” came about after the Great Migration
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occur due to a variety of reasons‚ such as negative externalities (over-consumed) or demerit goods (usually not provided in a free market). Negative Externalities are defined as the external costs incurred by third parties. They are the negative spillover effects borne by the society and not producers or consumers. Demerit goods are an example of goods that lead to negative externalities. Demerit goods are goods that incur social costs and are over provided and over produced by firms and the government
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Agriculture Insurance in India : Issues and Concern Dr. Madhurima Lall Harnam Singh Rashmi Tripathi Ours is an agrarian country with two third of its one billion population depends on agriculture for their livelihood. Agriculture also contributes approximately 18% of GDP. The Indian business cycle is influenced by the crop pattern that mainly depends on the vagaries of nature; every flood or drought has its own impact on the Indian economy. Agri-business encompasses whole lot of activities of agriculture
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References: Aitken‚ Brian and Ann Harrison (1992)‚ ‘Does Proximity to Foreign Firms Induce Technology Spillovers? Evidence from panel data’‚ mimeo‚ MIT. Athreye‚ Suma and Sandeep Kapur (1999)‚ ‘Foreign-controlled firms in Indian manufacturing: long-term trends’‚ mimeo‚ UMIST‚ Manchester. Balasubramanyam‚ VN‚ D Sapsford and M Salisu (1996)‚ ‘Foreign direct
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ECO/561 1) If a firm in a purely competitive industry is confronted with an equilibrium price of $5‚ its marginal revenue: A. will be greater than $5 B. will also be $5 C. will be less than $5 D. may be either greater or less than $5 2) A firm that is motivated by self interest should: A. always use large amounts of cheap inputs and small amounts of expensive inputs in producing its output B. hire each input so the productivity of each is equal at the margin C. always
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Foreign Direct Investment in Services and Manufacturing Productivity: Evidence for Chile Ana M. Fernandes a The World Bank Caroline Paunov b OECD March 2011 Journal of Development Economics forthcoming Abstract This paper examines the impact of substantial foreign direct investment (FDI) inflows in producer service sectors on the total factor productivity (TFP) of Chilean manufacturing firms. Positive effects are obtained in firm fixed effects instrumental variables regressions and show
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Macroeconomics Exam 1 Instructor: Prof. Phelps Name: Results: Class: Period: Date: Read each question carefully then circle the correct answer. When you are finished transfer the answers to the Scantron sheet. Make sure that you enter your name on both the exam and the scantron sheet. You have 1 hour to complete the exam. 1. For economists‚ the word "utility" means: a) versatility and flexibility. b) rationality. c) pleasure or satisfaction.** d) purposefulness
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discussions. Drawing on a study of a largely female workforce made redundant by factory relocation‚ the majority subsequently finding alternative employment in a variety of work settings‚ the results illustrate aspects of both positive and negative spillover from work to non-work life. In addition‚ the findings add to the growing number of studies that highlight the conditions under which part-time working detracts from‚ rather than contributes to‚ successful work-life balance. The conclusion discusses
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