BACK TO BASICS TO THE EDITOR What Is Inflation? Ceyda Oner I T may be one of the most familiar words in economics. Inflation has plunged countries into long periods of instability. Central bankers often aspire to be known as “inflation hawks.” Politicians have won elections with promises to combat inflation‚ only to lose power after failing to do so. Inflation was even declared Public enemy No. 1 in the United States—by President Gerald Ford in 1974. What‚ then‚ is inflation‚ and why is
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What is EMI? Equated Monthly Installment – EMI for short – is the amount payable every month to the bank or any other financial institution until the loan amount is fully paid off. It consists of the interest on loan as well as part of the principal amount to be repaid. The sum of principal amount and interest is divided by the tenure‚ i.e.‚ number of months‚ in which the loan has to be repaid. This amount has to be repaid monthly. The interest component of the EMI would be larger in the initial
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“oppressed people cannot remain oppressed forever” (3) and whites associated freedom with privilege as history shows that “privileged groups seldom give up their privileges voluntarily” (King 7). Furthermore‚ time changed‚ leading to new beliefs in what freedom symbolized. During the period after the Civil War‚ leading up to the 1960s‚ African Americans viewed freedom as integration‚ not segregation‚ but whites still believed freedom to be associated with privilege because their privilege put them
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It was a normal a day in local college where students are going about their day. In a local cafe a group of seven friends are meeting up for a normal discussion... for them that is "Man things have changed during the introduction of Zarathustria" said a young man. He is shorter than his friends standing around 5’6"‚ he has black curly hair‚ tanned skin and blue eyes. He is currently wearing a black polo underneath a gray trench coat‚ white shorts and brown boat shoes. He is deemed the leader of
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What is a hero? To most people‚ a hero is a strong‚ brave person with an amazing costume. Heroes usually have super powers and are constantly saving people. But it takes many more traits than this to be classified as a hero. Some characteristics of a hero are super natural help‚ leaving on a journey in which the hero proves himself‚ a fatal flaw‚ and they are sometimes honored after death. In The Odyssey by Homer‚ Odysseus shows many traits of a hero. Odysseus faces many obstacles and life threatening
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What is management? INTRODUCTION In this essay a number of different definitions of management will be compared and contrasted; moreover‚ it will discuses ‘management’ both as an organizational function‚ and as a subject of academic research and study. Also‚ major management theorists will be introduced. The term “management” pulls together variety of different functions in order to finish a task successfully. In most simplified way‚ management is about “getting things done”. MAIN BODY
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What is Race? Many people will define race as a set of biological characteristics and traits that are present is a specific population of people. From some dictionaries that a race is a biological construct‚ of a more or less distinct population with anatomical traits that distinguish it clearly from other races. The functional traits usually refer to the color of the skin‚ shape of the eyes or the nose‚ all of them are from out looking. For example‚ in China the people in the southern parts are
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path of mutually destructive competition. True‚ some barriers to competition are falling as regulation eases and markets become global. True‚ companies have properly invested energy in beeom- ing leaner and more nimble. In many industries‚ however‚ what some call hypcrcompetition is a self-inflicted wound‚ not the inevitahle outcome of a changing paradigm of competition. The root of the problem is the failure to distin- guish between operational effeetiveness and strat- been frustrated hy their
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What Is Sadaqah? Sadaqah is a voluntary act of giving alms ’fi sabillilah’ (for the cause of Allah)‚ by Muslims who want to contribute more than their obligatory zakah payment. Sadaqah may be given to mark or bring blessings to occasions such as weddings‚ anniversaries‚ personal success or even instances of sadness or bereavement. In short‚ sadaqah can be given during any period of happiness or sadness or as a sign of gratitude to Allah Subhanu wa Ta’ala. Sadaqah Jariyah “When a man passes
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either case it would be harmful to the public health.e.g medicines‚cosmetics‚tonics‚foods items‚ drinks and much more. But these dangers of advertising do not mean that advertising is bad. But we must use advertisements for letting public know what good things are available. The motive of advertisement should be public service‚ not private gain. Advertisements has several shapes
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