After completing this unit, you should be able to: Define the basic vocabulary of macroeconomics; describe how the economy is measured; describe how gross domestic product, our national measure of output, is calculated; calculate inflation using a price index;...
Other retailers would rather save the time and money
spent on trade shows and have sellers with wonderful
products contact them directly via email so that they can
concentrate on ‘minding the store.’ If you decide to
contact retailers directly be sure to send excellent photos
and pricing information. All of the retailers we spoke to
stressed the importance of the story behind the product.
The stories of your products, your producers and the
species you are working to conserve are very important in
building a relationship with green consumers.
Federal crop insurance policies are generally either yield-based or revenue-based. For most yield-
based policies, a producer can receive an indemnity if there is a yield loss relative to the farmer’s
“normal” (historical) yield. Revenue-based policies were developed after yield-based policies, in
the mid-1990s, to protect against crop revenue loss resulting from declines in yield, price, or both.
The most recent addition has been products that protect against losses in whole farm revenue
rather than just for an individual crop.
That said, combining credit and property prices appears to be the most parsimonious way to
capture the core features of the link between the financial cycle, the business cycle and
financial crises (see below). Analytically, this is the smallest set of variables needed to
replicate adequately the mutually reinforcing interaction between financing constraints
(credit) and perceptions of value and risks (property prices).
The expressed intent of the ADDY Awards competition is to recognize and reward creative excellence in the legitimate everyday workplace of advertising. Occasionally, an entry is submitted that appears to have been created outside the conventional agency-to-client-to-media marketing structure; as if the entry was created solely for the purpose of winning an award. This type of work is not accepted.
This back-and-forth iteration in building a model is like sculpting: you are chipping
away a little bit here, and a little bit there, hoping to nd what's really inside that stubborn
block of marble. I choose the analogy with sculpting purposely: like sculpture most of the
work in building a model doesn't consist of adding things, it consists of subtracting them.
This is the most fun part of modeling, and it can be very exciting when the form of the
idea really begins to take shape. I normally walk around in a bit of a daze at this stage;
and I try not to get too...
In the fully watered camel thyroid activity is higher in summer than in winter, but activity
is reduced in camels deprived of water. The decline in activity is important because the
generation of metabolic heat is reduced and respiratory water losses are also reduced.
Chronic exposure to heat results in depressed thyroid activity as well as reduced plasma,
cortisol and growth hormone concentrations and turnover rates. All three sources
normally create heat and act in cooperation, so the net result of habituation to heat is
some reduction in metabolic rate (Wilson, 1998). ...
The papers collected in this book have been selected from those presented at a
conference in memory of Joan Robinson, held in the tenth year after her death (5
August 1983). The conference took place in Turin in December 1993 and was
jointly organized by Societı Italiana degli Economisti (SIE), Fondazione
Einaudi, and a Research Group on `Distribuzione del reddito, progresso tecnico e
sviluppo economico' of the Consiglio Nazionale delle Ricerche (CNR).
Pigeons are scavengers (not fed any supplementary feed) in most countries, living on the roofs
of houses and treated as “pets” that do not need to be fed. They appear to prefer homestead
compounds to fields. In some countries, they are eaten only for ritual purposes. They normally
lay two eggs in a clutch, and the young birds (squabs) hatch after 16 to 17 days. The growing
squabs are fed by their mothers on crop milk, produced in the mother’s crop (first stomach).
This enables young squabs to grow very rapidly. They reach maturity in three to five...
Apart from the doubtful quality of many of the new issues, an important case
which shook the markets in early 1995 was the Rs. 350 crore Fully Convertible
Debentures (FCD) issue of M.S. Shoes. The company was accused of inadequate
disclosures. Taking advantage of free pricing of issues, many companies charged
high premium. But the post-listing returns proved to be disappointing. In the post-
liberalisation period a good number of companies were not only non-manufacturing
ones, but the purpose of issue also varied from project finance to working capital.
The term portfolio is composed of GSE MBS, private label MBS and commercial MBS, state
housing authority debentures, and longer-term Treasuries. These investments are also highly-
rated, although the drivers for the high ratings can be different than those for the money market
portfolio. In particular, the amount of collateral rather than quality of collateral for private label
MBS and CMBS drives the ratings. This portfolio is liquid and comparatively higher-yielding.
The structure and dynamics of proteins and enzymatic activity
is intrinsically linked to the strength and positions of hydrogen
bonds in the system. A hydrogen bond results from an attractive
force between an electronegative atom and a hydrogen
atom. The hydrogen is attached to a strongly electronegative
heteroatom, such as oxygen or nitrogen, termed the hydrogen-
bond donor. This electronegative atom decentralizes
the electron cloud around the hydrogen nucleus, leaving the
hydrogen atom with a positive partial charge.
Ducks have several advantages over other poultry species, in particular their disease tolerance.
They are hardy, excellent foragers and easy to herd, particularly in wetlands where they tend to
flock together. In Asia, most duck production is closely associated with wetland rice farming,
particularly in the humid and subtropics. An added advantage is that ducks normally lay most of
their eggs within the three hours after sunrise (compared with five hours for chickens). This
makes it possible for ducks to freely range in the rice fields by day, while being confined by
The current Alberta law governing transfers of investment securities is
found in the Alberta Business Corporations Act ("ABCA"). Like the provisions
in most other Canadian Business Corporations Acts, it is based upon the pre-
1962 version of Article 8 of the U.S. Uniform Commercial Code ("UCC"). It
relies upon the concepts of possession and delivery of a physical object - the
negotiable security certificate. At one time, the settlement of a normal
securities transaction involved the actual delivery of certificates between
buyers and sellers, but this was a laborious...
When inventories are purchased with deferred settlement terms, the difference between the purchase price for normal credit terms and the amount paid is recognised as interest expense over the period of financing. IFRS – VAS: Significant differences. IFRS: There are 38 Standards VAS: There are 26 Standards.
When inventories are purchased with deferred settlement terms, the difference between the purchase price for normal credit terms and the amount paid is recognised as interest expense over the period of financing. IFRS – VAS: Significant...
The CBOE normally sets the strike prices for its options so that they are spaced
$2.50, $5 or $10 apart. Stocks at lower prices have smaller spaces between strike
prices. When options with a new expiration date are introduced, the CBOE
usually introduces two or three options with strikes nearest to the current stock
price. If the price moves outside this range, new strikes may be introduced. For
example, if new October options are offered on a stock currently priced at $84,
then options striking at $80, $85 and $90 might be created.
• Investors are risk-averse individuals who maximize the expected utility of their wealth • Investors are price takers and they have homogeneous expectations about asset returns that have a joint normal distribution (thus market portfolio is efficient) • There exists a risk-free asset such that investors may borrow or lend unlimited amount at a risk-free rate. • The quantities of assets are fixed. Also all assets are marketable and perfectly divisible. • Asset markets are frictionless. Information is costless and simultaneously available to all investors.
The LIBOR is the London Interbank Offered Rate, which is used as a reference rate in loan
transactions between banks. The LIBOR floor, introduced in recent years to help enhance
bank loan yields in extremely low interest rate environments, is around 1%–2% (note that
until LIBOR reaches the “floor” level, bank loan returns do not increase with rising rates).
The credit spread is the market-determined spread paid to the investor for taking on the
credit risk (historically the normal range has been 3%–8%, depending on the riskiness of a
The role of monetary analysis in the ECB’s
monetary policy strategy is founded on the
robust positive relationship between longer-term
movements in broad money growth and inflation,
whereby money growth leads inflationary
developments. This relationship is found to hold
true across countries and monetary policy