June 25 2007: Poverty remains a serious concern in Pakistan as a large segment of the population lives in poverty. According to the rebased GDP numbers‚ the per capita income comes to US$845. Poverty rates‚ which had fallen substantially in the 1980s and early 1990s‚ started to rise again toward the end of the decade. More importantly‚ differences in income per capita across regions have persisted or widened. Poverty varies significantly among rural and urban areas and from province to province
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1. Do you think that New Mexico is a desirable tourist destination? Why or Why not? I feel for some individuals depending on where they live it a desirable tourist destination. I feel New Mexico is a desirable tourist destination for some because our weather is very different from other states. We have a lot of hiking trails so people who love to be outdoors and explore would love it here. I feel this might not be a desirable tourist destination because
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What is the subject matter of economics? What role does the “division of labour” play in defining this subject matter? Quoting Michael Yates‚ “The subject matter of economics is the production and distribution of output…” (Yates‚ 2003). So what does this say to me? Simplifying‚ this says to me that Economics is a way of explaining the world. With studies dating as far back as Aristotle’s interest in the various forms of state‚ how can one ever fully understand the complexities of economic
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EXCHANGE RATES The exchange rate is the price of one country’s currency in terms of another country’s currency Quoted exchange rates can be either direct or indirect‚ Direct: home currency per unit of foreign currency 39 Rupees per US Dollars 80 Rupees per Pound Indirect: foreign currency per unit of home currency 0.0255102 US Dollar per Indian Rupee 0.491594 Pound per Indian Rupee Appreciation of Currency Currency Appreciation means that the given currency
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employment etc. Whereas the sex of an individual is a biological phenomenon‚ gender is a social construct‚ defined by societal norms that attribute different roles and values to men and women. Moreover‚ these sex-specific roles‚ rights‚ and obligations are not just different‚ they also tend to be unequal (Kishor‚ 1999). Unequal gender relations -- existing to varying degrees in most if not all countries of the world-- feed directly into the
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current trends‚ what different roles do middle-powers play in economic and security global governance ? The powerful nations such as the United States and the Soviet Union took the lead in the international order since the end of World War II‚ but the collapse of the Soviet Union and the recent global economic crisis brought changes in the international order led by western powerful leading countries. At first‚ there is a growing uncertainty about the future of the global economic order after the
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Do What You Are Amber Hatton Psychology 101 Dr. Robert Dunkle July 26‚ 2011 Introduction I decided to do a report on a book entitled Do What You Are: Discover the Perfect Career for you through the Secrets of Personality Type by Paul D. Tieger and Barbara Barron. This book is basically a guide to help everyday people find out who they are through their personality and taking that information and finding a career field that works for them and their personality. In this book‚ you will
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Return = r= Risk Free rate + Risk Prem r=rRF+DRP+LP+MRP Risk Free Rate = rRF = r* + IP -effects of int rates on PV/Price of securities: int goes up‚ value of bonds goes down‚ stock goes down (NPV) Prices -factors that influence int rates/yield curve 1.production opportunities-return avail w/in an economy from inves. In productive asset; higher prod opp‚ higher return 2. Time preferences for consumption 3. Risk-change that fin asset won’t earn return promised 4. Inflation-price goes up over
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1.0 Financial planning is not only for the rich. “I am not rich‚ so I do not have money and do not need to do financial planning”. This is a misconception in financial planning but also a common conception in many people’s attitude of financial planning. How many people know that financial planning is how the wealthy became wealthy? Before I start this topic‚ I want to illustrate that the principle of financial planning is the person with income. Financial planning is managing your money and uses
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What are Corporate Financial Statements (Report and Accounts) good for and what do they not tell you? Introduction Accounting unlike finance is generally related to standard and rules ‚ its main goals are to record ‚ report and audit the accounting records of an organization. The science of accounting is precise and structured and touches such subjects as journal entries ‚ invoicing ‚ taxes ‚ quarterly or annual financial reports . It is structured ‚ precise and relatively easy calculated with
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