Chapter 3 Key Terms Federal system- system of government where the national government and state governments share power and derive all authority from the people Confederation- Type of government where the national government derives its powers from the states; a league of independent state Unitary system- system of government where the local and regional government derive all authority from a strong national government Tenth amendment- The final part of the Bills of Rights that defines the
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Essay Number 1 What are some advantages that our federal form of government has over a strong national government in a highly centralized system? What are some disadvantages of a federal system like ours? Advantage The simple majority system‚ like others plurality / majority‚ is defended fundamentally for its simplicity and for its tendency to favor winners who are responsible for a geographically well-defined area. The most frequently cited advantages are: Provides a clearly defined choice to voters
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Finance for managers Chapter 7— Net Present Value and Other Investment Question 1 : List the methods that a firm can use to evaluate a potential investment. There are discounted and non-discounted cash-flow capital budgeting criteria to evaluate proposed investments. They are 1) Net present value: NPV is a discounted cash flow technique‚ which is the difference between an investment’s market value and its cost. NPV = Present value of cash inflow- Present value of cash outflow
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Jeremy Popkin’s work From Herodotus to H-Net is a wonderful book‚ and it covers the topic very well. It includes necessary content‚ and it gives readers enough background information to help them along in the narrative‚ specific details about each historian he mentions to give the reader the reasons why they did things in different ways‚ but not enough to drown them in too many details. Popkin has a definite passion in the topic and does his best to convey the ideas to the readers‚ though he does
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The role of state and local governments has provided a vital role in defining federal relations. The relationship has been defined by a few factors: Congress‚ the Supreme Court or other courts‚ and funding policies The courts must address questions concerning the powers of the state and federal government. Early Supreme Court decisions mirrored the views of Chief Justice John Marshall‚ who favored a strong national government. In defining commerce in the Gibbons v. Ogden case‚ he argued that Congress
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Photosynthesis (happens in chloroplasts in mesophyll cells) 1. Light dependent stage Happens in the grana of chloroplasts Light (energy) gets trapped by chlorophyll pigments (light energy converted to chemical energy) This energy used to turn ADP and Pi into ATP Energy used to split water (H2O) into Hydrogen and Oxygen The hydrogen ions get collected by NADP‚ which becomes NADPH The Oxygen is waste‚ and leaves! So‚ in this stage‚ water comes in. ATP and NAPDH come out‚ as does Oxygen.
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Assignment 2 Question 1: What is the difference between direct and indirect NCI? Under AASB127‚ the group is required to prepare the consolidation statement when parent entity acquires shares in the subsidiary. There are two parties who own shares in the subsidiary if it’s not a wholly-owned subsidiary consolidation. One is the parent entity while the other is non-controlling interest. Non-controlling interest (NCI) is defined as “the portion of the profit or loss and net assets of a subsidiary attributable
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The Federal Government of the United States is the national government of the United States. The federal government is composed of three distinct branches: legislative‚ executive‚ and judicial‚ whose powers are vested by the U.S. Constitution in the Congress‚ the President‚ and the federal courts‚ including the Supreme court respectively. The United States Congress is the legislative branch of the federal government. It is bicameral‚ comprising the House of Representatives and the Senate. The Judiciary
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bank of indiaThe Reserve Bank of India (RBI) is India’s central banking institution‚ which controls the monetary policy of the Indian rupee. It was established on 1 April 1935 during the British Raj in accordance with the provisions of the Reserve Bank of India Act‚ 1934. The share capital was divided into shares of 100 each fully paid which was entirely owned by private shareholders in the beginning. Following India’s independence in 1947‚ the RBI was nationalised in the year 1949. The RBI plays
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run the company catching up to get back the invested money and also allowing them to make huge profits. The company is paying a 40% tax from their earning which is huge money but even after that‚ the company is making lots of profits. 2. The 15% discount rate to calculate NPV and the Cash Flows by using that discount rate ended up with a negative NPV of $ 2‚137‚217.21. That the discount rate of 15% was out dated and insufficient. The rate of 9.62% to compute and using this number to get the NPV
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