Money Market (Money and Banking) What is Money? A financial asset with the following functions: Medium of exchange: An asset that individuals acquire for the purpose of trading rather than for their own consumption. A store of value: Means of holding purchasing power over time A measure of value (unit of account): Measure used to set prices and make economic calculations 2 What is money? Money is anything that serves as a commonly accepted medium of exchange Money and Income
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Expenditure and Economic Growth in ASEAN-5 Economies: an Autoregressive Distributed Lag (ARDL) Approach Hussin Abdullah* Muzafar Shah Habibullah** Siong Hook Law** ABSTRACT In this paper‚ we examine the relationship between components of government expenditure and economic growth in ASEAN-5 using the autoregressive distributed lag (ARDL) approach developed by Pesaran‚ Shin‚ and Smith. Bound testing approaches to analysis of level relationship‚ and this test suggested that the all variables in functional
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Advantages and Disadvantages of Technology in Education Technology has revolutionized the classroom but is not without its disadvantages--not in its use‚ but in what its use replaces. Many classrooms are being retrofitted with Smartboards and computers but they cannot replace old methods of teaching. 1. Potential o The technology available today has made a wealth of knowledge available to students‚ which offers great potential for the speed and style of learning. Information is presented in
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THE PHILOSOPHY OF SUPPLY CHAIN MANAGEMENT IN THE NEW ECONOMY: NET READINESS IN THE NET SUPPLY CHAIN The use of Internet in business can bring change in business sector that can lead the traditional enterprise to collapse. Globalization processes‚ massive implementation of Information Technology and the establishment of virtual enterprises are the basic elements in the era of the Digital Revolution.Net readiness is the ability of
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Singapore is an open economy with high trade to GDP ratio of 2.3 times (GDP 2011 was $326B‚ whereas total trade value in 2009 was $747.15B) and is exposed to many external factors‚ especially economic development in a main export market. Our main trading partners are: Malaysia China Euro zone USA Indonesia – 11.9% – 10.4% – 11.1% – 6.5% – 9.4% These 5 regions accounted for 50% of Singapore’s total trade‚ of which the US‚ Euro zone and China contributed 28%. Any negative economic news in these 3 regions
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2.3 Conceptual Framework. The following conceptual framework will be used for this study: Independent Variables Dependent Variable Figure 2.1: Conceptual Framework (Source: Author‚ 2016) 2.3.1 Credit Information Sharing /Symmetry. CRBs are a typical response to information asymmetry problems between lenders and borrowers which is usually there between the lender and the borrower about the
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Q4 2011 www.businessmonitor.com VietnaM agribusiness report INCLUDES BMI’S FORECASTS issn 1759-1740 published by business Monitor international Ltd. VIETNAM AGRIBUSINESS REPORT Q4 2011 INCLUDES 5-YEAR FORECASTS TO 2015 Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: September 2011 Business Monitor International 85 Queen Victoria Street London EC4V 4AB UK Tel: +44 (0) 20 7248 0468 Fax: +44 (0) 20 7248 0467 email: subs@businessmonitor
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1 1 MODULE 1 INTRODUCTION INDIAN ECONOMY IN THE PRE-BRITISH PERIOD UNIT STRUCTURE 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Objectives Introduction Village communities Towns during pre-British period Handicraft Industries Summary Questions 1.0 OBJECTIVES 1. 2. To understand the structure and organization of villages and towns -during pre-British period. To study the various industries and Handicrafts during PreBritish Period. 1.1 INTRODUCTION In the preceding discussion‚ we are going to understand
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Back in the late 1600s in New France‚ paper money was officially being used in what is now Canada. The lack of coins available made it so colony officials find a different form of currency‚ and their solution was to use playing cards. These cards would be signed and cut a certain way to represent a certain denomination. Some of these playing cards even had a value of $10 This happens before Canada becomes an official country‚ which is great way to represent the bank note‚ because like New France
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Groucho Marx once said "While money can’t buy happiness‚ it certainly lets you choose your own form of misery.” The American Dream of money is the belief that having a lot of money will satisfy the cravings people have for wealth. People strive to accomplish a life filled with money and success because money promises a life of happiness and greatness. The idea of having a large quantity of money is one that has consumed people and altered the dream of hard work and success. Although this dream brings
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