United States fifty-dollar bill

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    then told the waiter he wanted to order something to go. After she came back with his to go bag she handed him the check. He said to her “you are a good waitress, your service was excellent. Can I ask you a question ?” the waitress said,” sure”. The man asked if she was a republican or a democrat. She answered, “I am democrat.” He said, “oh really well because you worked so hard, I'm going to give you a good tip”. The man proceeded to pull out a fifty dollar bill. He then said to her “you see that homeless man out there on the street.” She looks and then says “yes.” The man says “well I'm going to give him your fifty dollars that you worked so hard for to get. After all, that’s what you democrats are all about right.” The point is the rich don’t want to be told who to give their money to. They feel they work hard to earn it and so could everybody else. No handouts should be given. They believe if you work hard you will be awarded. They have no idea that, that’s not always true. I mean I'm in school and its costing thousands of dollars. Some people can do their best in school and receive scholarships but not everyone will. Everybody needs some kind of help. But you cant tell that to someone who doesn’t know what its like to have come from the underground den just like you cant explain and…

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    Komatsu Case Study

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    There were many issues going on in the Komatsu organization. However, the main disputes include changes in leadership, a slow domestic market, global issues, and focusing too heavily on one competitor. Komatsu had 4 different CEO’s (Kawai, Nogawa, Tanaka, and Katada), in a span about 30 years because the changes that occurred in Komatsu and that they wanted to expand globally. Each CEO had his own strengths and weaknesses, but not all proved to be able to handle the problems inherited from the…

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    corporations have diverse margin specifications. You want to question them their margin requirements to trade currencies.  A Margin Account is practically nothing a lot more than a overall performance bond. All traders require a Margin Account to trade. All accounts are settled every day. When you acquire profits, they location your earnings into your Margin Account that very same day. When you shed funds, an account is required to consider out the losses you incurred that day.  A quite…

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    MEMORANDUM Subject: The current global manufacturing positon of the Caterpillar Corporation To: Board of Directors of the Caterpillar Corporation From: Jordan Hyatt, Corporate International Business Development Manager Date: November 28, 2016 ________________________________________ Executive Summary: There have been several questions from the Board of Directors of the Caterpillar Corporation regarding our current global manufacturing position. As you know we have had much success over…

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    Part 1: As per Exchange rate policy on 15th March 2015: A.] The recent changes in china’s exchange rate policy as exemplified on 15th March 2014 are:  China made its currency Yuan a much free floating currency by loosening and widening its daily trading limit against U.S dollar. (WSJ, 2014)  The china’s central bank and people’s bank of china set a daily trading rate called the parity rate for Yuan against the U.S.dollar, allowing the widening of the daily trading band to push from its…

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    Should the minimum wage be raised to fifteen dollars an hour? There is a good amount of people that think that this is a good idea when it is actually a bad idea. First, the raise of the minimum wage to fifteen dollars would be a higher wage than some people make with an education. If minimum wage raises, then all wages would increase accordingly. Also, the price of merchandise would be raised on everything to make up for the raise in minimum wage. Moreover, companies would cut jobs and find…

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    Rolls Royce

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    Answer 1: A higher worth currency does make the exports of a country more expensive and makes the import cheaper in the domestic markets. Similarly, a lower worth currency makes the exports of a country cheaper and makes its imports more expensive in the domestic markets. Here the domestic currency is the British pound and the foreign currency is the USD. The large civil engine contracts were set and fixed in US dollar terms and conditions. If the dollars gets strengthened, Rolls Royce will be…

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    1973 the Forex market was started as the Bretton Woods Accord was ended. The Bretton Woods system was started after the second World War, it consisted of a set of rules and procedures to regulate the international monetary system, and it tied all its member countries ' currencies to the US currency and this last one to gold. In 1971 the US ended the convertibility of the dollar to gold. As countries started to leave the Gold Standard, their currencies would become free floating and the currency…

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    to buy a dollar. But, if the US increases the value of its dollar, the exchange rate would increase and it would cost more Pounds to buy a dollar. An increase in the exchange rate would affect the net exports. Higher exchange rates increase prices of the goods and services, the US products would be more expensive for the British consumer and these, in turn, would reduce the US Exports. The Exchange rates vary…

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    be able to pay the same amount back which has a lower value. (Wellhausen, 10-7-14). Characterizing the Gold Standard in terms of the “Impossible Trinity,” which states that given the “incompatibility of three key desiderata of governments: exchange-rate stability, private-capital mobility, and monetary-policy autonomy” (Cohen, p. 279), you can have only two of the three at any given time. The tradeoff for the Gold Standard being monetary policy autonomy--complete monetary policy decision-making…

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