In the face of rising inflationary pressure in Hong Kong‚ some people have suggested that the Linked Exchange Rate system is the root cause of the situation and that the Hong Kong dollar should no longer be linked to the US dollar. The Financial Secretary already stated in his blog on 14 August that the Link continues to be the most appropriate exchange rate arrangement for Hong Kong. I will elaborate further on a few related issues. Many people who advocate un-pegging the Hong Kong dollar from
Premium United States dollar Foreign exchange market Currency
How is being feared rather than loved the superior quality that a leader should possess? Niccolò Machiavelli states in the “Qualities of the Prince” that “One should like to be both one and the other; but since it is difficult to join them together‚ it is much safer to be feared than to be loved” (14). Determining which of these two qualities a leader should possess has been a topic of discussion for centuries. So what makes Machiavelli’s work any different? First off‚ Machiavelli was an Italian
Premium Political philosophy The Prince Florence
Mitochondria produce a body’s essential energy to almost all the cells in the body. When the mitochondria do not function well‚ some of the functions in the body will work abnormally. No energy produced will cause fatigue and muscle soreness. There is a gradation of effects like ‘black out’ when the body has a problem with energy supply. Mitochondrial disease
Premium Eukaryote Organelle Cell
#6:Treasure Chest Problem: Someone offers to give you a million dollars($1‚000‚000) in one-dollar ($1) bills. To receive the money‚ you must lie down; the million one-dollar bills will be placed on your stomach. If you keep them on your stomach for 10 minutes‚ the money is yours! Do you accept the offer? Solution: Each dollar bill weighs 1 gram‚ if we multiply 1gram by 1‚000‚000 dollars we get a weight of 1‚000‚000 grams. If there are 454 grams in a pound then $1‚000‚000 will equal 2202 pounds
Premium Number Players The Table
MOTHER LEAVES BRITTANY AT HOME FREQUENTLY. THE MOTHER IS DISENAGED. MOTHER APPEARS TO PUT SELF FIRST INSTEAD OF HER CHILD. MOTHER ALLOWS BRITTANY TO LEAVE THE HOME AND CONTINUE TO DO AS SHE WANTS WITHOUT NEGATIVE CONSEQUENCES. MOTHER REPORTS A HISTORY OF BRITTANY RUNNING AWAY FROM THE HOME. BRITTANY LEFT THE HOME FRIDAY AND MOTHER WAS UNAWARE OF HER WHEREABOUTS UNTIL 6:46AM MONDAY MORNING. DURING THIS TIME‚ MOTHER DID NOT CONTACT
Premium Family Mother Father
Project report On Rate of Exchange and Foreign Investment The Indian case from 2009-10 to 2011-12 Acknowledgement As a part of PGDM curriculum at Birla Institute of Management Technology‚ the preparation of this project report has been a unique and rewarding experience. Apart from our efforts‚ the success of any project depends largely on the encouragement and guidelines of many others. We take this opportunity to express our gratitude to the people
Premium Currency Exchange rate Macroeconomics
| Review of:Why You Do The Things You Do Clinton‚ Dr. Tim & Sibcy‚ Dr. Gary. (2006). Why You Do the Things You Do: The Secret of Healthy Relationships. Nashville: Thomas Nelson. Summary Relationships are in our everyday life all around us‚ but the most intimate relationships we have include God‚ our parents‚ our children and our spouse. God implanted the desire for intimacy or relationship within us when He created Adam and Eve. God hardwired the desire for relationship in us because
Premium Conceptions of God God Interpersonal relationship
example‚ by some accounts‚ Argentina has had as many as eight major episodes of currency crises since 1970. Notwithstanding this litany of banking and economic debacles‚ the underlying causes for the failure of the numerous stabilization plans implemented has never been directly addressed - namely a combination of monetary indiscipline and fiscal indiscretion. After years of experiencing hyperinflation in the thousands of percent per annum in the late 1980s‚ Argentina opted for an inflation based
Premium Currency Monetary policy Bretton Woods system
Factors that affect exchange rates. Like any price‚ the exchange rate deviates from the cost basis - the purchasing power of currencies – under the influence of supply and demand of currency. The ratio of the supply and demand depends on several factors. It reflects connections with other economic categories - cost‚ price‚ money‚ interest‚ balance of payments‚ etc. There is a complex of interweaving and nomination of decisive factors. Among them are the following. • 1.The rate of inflation. The
Premium Foreign exchange market Exchange rate Bretton Woods system
Do you think people’s personality are the same ? Personality is the most difficult terminology to understand and describe. In short‚ Personality is the sum total of ways in which an individual reacts to and interacts with others. For example‚ you could have some friends who are more talkative than others. You may have some friends who love to be taken risks and others who are risk-averse. This consistency is an essential requirement for personality theory because it attributes a person’s behavior
Premium Personality psychology Personality psychology Big Five personality traits