this work shall treat the meaning‚ rationale and general principles of presumptions. The work also looked the types of presumptions and the slight differences‚ existing therein; conflicting presumptions and the researcher’s recommendation. Meaning‚ Effect and General Principles of Presumptions. The repealed Evidence Act‚ 2004 and the Evidence Act did not define presumptions. According to Blacks’ Law Dictionary‚ presumption is a legal inference or assumption that a fact exists‚ based on the known
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INFLATION vs UNEMPLOYMENT Which is the Bigger Evil ? Firstly‚ what is inflation and what is unemployment ? Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequently cited measure of unemployment is the unemployment rate.This is the number of unemployed persons divided by the number of people in the labor force‚ while inflation is the rate of change in the general level
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Principles of Microeconomics (ECO2103) Diploma in Business Administration Mehdi Tasaloti mehdi.tasaloti@newinti.edu.my Faculty of Business‚ Communication & Law (FOBCAL) INTI International University August 2014 Session Faculty of Business‚ Communications and Law INTI International University 1 Class syllabus for Long semester Week 1-3 4-6 Topic Economics Concepts‚ Issues & tools Price Theory ( Demand & Supply) / Individual assignment/ Test 1 7&8 Applications
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Contents Introduction 3 CPI inflation 4 MAS inflation 5 Private road transport 5 Accommodation 6 Recommendation 7 Conclusion 8 References 9 Inflation here up 5.5% in December Introduction Last December‚ Singapore’s inflation‚ which is defined as a persistently rising price level‚ rose to 5.5 per cent on a year-on-year basis. The author states that CPI inflation is due to the accommodation and private
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Canada’s inflation rose at a moderate 1.5 percent annualized rate in May‚ down from 1.7 percent in April. That was short of economists forecast of 1.6 percent. On a monthly basis‚ inflation increased by 0.4 percent‚ largely due to a 4.1 percent jump in gasoline prices in May‚ the Statistics Canada reported. But on yearly basis‚ gasoline prices plunged 7.1 percent in May after previously declining 5.8 percent in April. “Inflation remains muted‚ but if energy prices hold onto their gains – let alone
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account paying 5 percent per year‚ and unanticipated inflation is 8 percent per year. B) You have paid $500 for a $1‚000 Canada savings bond that matures in 10 years‚ and unanticipated inflation is 10 percent per year. C) You lend a friend $1‚000 at 6 percent to be repaid in one year‚ and unanticipated inflation is 7 percent during the year. D) You borrowed $2‚500 at 7 percent to pay for this year’s college expenses‚ and unanticipated inflation is 12 percent during the year. 5. The value of
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factors that are disturbing Pakistan’s Economy: • Poverty • Illiteracy • Corruption & Political Instability • Over Population‚ Unemployment & Inflation • International Interference • Terrorism/Extremism • And The Recent Floods ECONOMY HISTORY OF PAKISTAN First five decades When it gained independence in 1947 from UK. Pakistan’s average economic growth rate since independence has been higher than the average growth rate of the world economy during the period. Average annual
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neighboring ASEAN economies. The critical issues at stake are on how to accord policy priorities and policy sequencing to the ongoing economic reforms in Myanmar? First and foremost in a transition process‚ Myanmar must have macroeconomic stabilization‚ price and market liberalization and privatization of state enterprises. Policy target must be set to control inflation and to set prices‚ interest rate and exchange rate in a correct alignment with the supply and demand conditions of the economy. Following
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Inflation is classified on the basis of the process through which it is induced. Under this category‚ there are a) deficit induced inflation; b) wage induced inflation; c) profit induced inflation etc. When it comes to deficit induced inflation‚ this is caused by the adoption of unbalanced budgetary policies. The government would resort to deficit financing which means government spending in excess of its revenue receipts. When the economy is not capable of sustaining the extra resource released
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be the world’s largest economy by 2020. Discuss the possible implications of such a development for (a) the world trading system‚ (b) the world monetary system (c) the business strategy of today’s European and U.S. global corporations‚ and (d) global commodity prices. A) The implications of such a development for the world trading system is that China will basically will be the root of trading. From my perspective‚ China’s growth of economic will benefit overall economy of world. In the trading
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