Maxillary central incisor

monetary authorities can only fix the interest rate and unemployment for short period of time in order to influence the financial condition that will increase investmet and household spending in an economy. Mahadeva and Sterne (2000) said that the “central bank sets the interest rate for short term profit and establish a relationship between unemployment and interest rate to influence financial condition, in turn to affect the aggregate demand.” In addition, if the monetary policy is not…

Thirlwall’s growth model: Thirlwall in his model argues that for true form of growth to exist the growth must be export oriented and there should be balance of payment equilibrium. As a starting point he takes the (Keynesian) demand-turned approach to know the major limitations on demand. He argues that instead of national income (output) being the sum of investment, consumption expenditure and exports, minus imports, it should be in growth perspective that national income growth be the weighted…

The gold standard monetary system was in use from the 18th to 20th century. It is a system which economic units are based on a fixed quantity of gold. It was first used by the United Kingdom in 1717. The system offered price stability, a fixed exchange rate and free movement of gold. Other countries slowly began to see the advantages of the system, and by the end of the 1870’s, most industrial countries had followed the United Kingdom’s gold-backed exchange rate. 1873 marked the beginning of the…

governments of different countries. For more than thousands of years, people and organisations have been purchasing from and selling to each other in distant geographical locations. For instance, this trading is evident through the famed Silk Road across Central Asia connecting China and Europe during middle ages. However, policy and technological developments of past few years have spurred increases in international trade, investment, and migration extensively that many observers believe the…

Answer to Question 1 Basel III introduced new requirements regarding liquidity risk in the banking sector under the Liquidity Coverage Ratio (LCR). Firstly, explain the criteria and rationale for banks to identify the kinds of assets that qualify as HQLA and the relative ratios for each kind of HQLA is required for compliance with the LCR requirement. One of the consequences of this ratio is that banks are required to model their expected net cash outflows during a 30 day period of acute market…

The collapse of Lehman Brothers is an indication of the outbreak of the US financial crisis. Let us first look back the process of this financial crisis. The US financial industry was contained because of the federal government’s tight regulation before 1981. The government gradually delegates its power to the financial industry to make the financial market become alive after 1981. In the 1990s, the financial department had merged with several companies and financial derivatives got the most…

With the help of Genghis Khan, he also created/retooled the weapons they used during their campaigns, and the use of animals for transportation and war. The horses that the Mongolian Empire used were small, but they were semi-equipped with armor and mainly used for infantry. The horses also helped them move quicker and run long distances so they can move faster during war and transportation. As well they’re nearly impossible to stop when in a pack. The usage of their bows helped them do a lot of…

Introduction Inflation is defined as the sustained increase in the general price level of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer buys fewer goods and services. Accordingly, inflation reflects a drop in the purchase power per unit of money, a loss of real value in the medium of exchange and unit of account within the economy. A major measure of price inflation is the inflation rate, the annualised percentage…

“Money can be printed, our land cannot be created once it’s gone” -Penan Malaysia. This quote is saying that there are people and other living things who live in the rainforest. 12,000 years ago the Native Amazonians came into the rainforest and claimed it as their home. They have lived there ever since and are not about to stop living in the rainforest simply because the Loggers want to take down trees. The Loggers want to turn trees into lumber for things such as houses and…

Rosslare Harbour is situated near the south-eastern-most tip of Ireland. Since the early 20th century, Rosslare Harbour has served as a hub of transport activity between Ireland and Wales, largely due to its shipping and railway links. Now known as Rosslare Europort, the harbour has regular links to and from Fishguard and Pembroke in Wales while French links include Roscoff and Cherbourg. Rosslare Europort is the country’s second busiest port for passenger traffic while its freight traffic is…