INTRODUCTION The desire to develop a viable monetary policy has reached it unprecedented limit in the economy‚ money as a medium of exchange emerged with the waves to organize a political and economical institution which will enforce a unique legal tender. Nowadays‚ money has played an indispensable role in propelling the activities of the economy. Monetary policy is the major pre-occupation of the Central Bank of Nigeria (CBN)‚ the extent to which they
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The topic of segregation in the United States has been a matter of great discussion since the Plessy Supreme court case in 1896. However‚ there is a much lesser talked about instance of segregation that occurred in South Africa from 1948 to 1994. That instance was called the Apartheid. Apartheid literally translates to “the status of being apart.” It was put into motion by the National Party as a way of upholding white supremacy after World War II. The inhabitants of South Africa were separated
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THE EFFECT OF EXTERNAL DEBT ON THE NIGERIA ECONOMY (1989 - 2009) ABSTARCT This study is meant to examine the effect of external debt on gross domestic product using econometric analysis. The research revealed that Nigeria’s external debt has contributed immensely to the gross domestic product. This has affected investment on the domestic productivity and hence invariably affected the economic growth and development. Due to the macroeconomics distortion in
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In 1990‚ beginning with California‚ Colorado‚ and Oklahoma‚ many states embarked on term-limit movements that resulted in the adoption of term limits for state legislatures. This was done in response to what many believed was widespread legislative tenure becoming standard with representatives securing lifelong careers in politics. Throughout the 1990’s and early 2000’s eighteen more states would pass term limit legislation through the initiative process resulting in the restriction of the number
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the solution identified by the DLO procedure is guaranteed to be the most critical solution for the problem posed. This means that there is no need to prescribe any aspect of the collapse mechanism prior to an analysis‚ or to separately consider different failure modes. The critical mechanism and collapse load factor are determined according to the well established upper bound theorem of plasticity. LimitState:GEO reports the solution to a problem both visually as a collapse mechanism and numerically
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Functions and the roles of the central bank Central Bank of Malaysia also known as Bank Negara Malaysia (BNM) was established on 26 January 1959 under the Central Bank Ordinance 1958. The main functions and roles of central bank are: Supply currency‚ act as custodian of banks’ reserves and control value of Malaysian currency; Act as government’s banker and financial adviser; Ensure financial stability and strong financial structure; Act as commercial banks’ banker; Control and influence the
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ASSIGNMENTS Weekly Point Values |ASSIGNMENTS |Due |Points | |Individual (70%) | | | |Fundamentals of Macroeconomics Paper |Week 2 |15 | |Federal
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Statistical Policy Directive 14‚ the Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who is in poverty. If a family’s total income is less than the family’s threshold‚ then that family and every individual in it is considered in poverty. The official poverty thresholds do not vary geographically‚ but they are updated for inflation using Consumer Price Index (CPI-U). The official poverty definition uses money income before taxes and does not include
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What determines our destiny? It can be difficult to understand and realize what determines our destiny. There are Contradiction determining if our characteristics and behavior are primarily due to Genetics or the environment in which we live. Many factors and aspects of Lives influence us daily. These factors create different circumstances that lead us to determined our path. Dr. Judith Rich Harris states in the video that the similarity of children to their parents in personality‚ is
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Poverty in the United States is an unacceptable scourge on our society. Poverty is born out of situation and mindset rather than sheer laziness. To figure out the causes and solutions of poverty‚ we must understand what poverty is. Poverty occurs when a person’s basic needs for food‚ clothing‚ and shelter are not met. Poverty is measured by the government in what they call a poverty “threshold”. This poverty “threshold” is based on family size and income falling below the poverty line established
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