Questions: Explain the meaning of nominal interest rate and real interest rate. How are they related? Answer: Nominal interest means rate that it is a measurement of change in dollars amount. The interest rate corrected for inflation is called real interest rate. The relation between these 2 rates is as follows: Real interest rate = Nominal interest rate – Inflation rate rises over time. So real interest rate show us how fast our purchasing power rises 3) Problems and Applications # 7 Questions:
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The role of the economy in 1863 – 1968 was the most significant factor‚ but not the only factor‚ in both advancing and reducing civil rights. The economy drove other factors such as was‚ politics and individuals. The underlying tactic of the dominant White American polity throughout the period 1863-1968 was to deny the possibility of African Americans the chance to achieve any degree of prosperity. During the civil war‚ the Republican Party’s philosophy towards African Americans was linked to the
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Effects of Outsourcing Timothy Nicotera University of New Hampshire Abstract This paper will look through the effects that outsourcing has on American business‚ the economy‚ and social issues now as well as into the future. Outsourcing is a growing trend among companies large and small as an attempt to gain a competitive advantage in both local and global markets. There are both positive and negative impacts of this way of doing business that need to be realized and accounted for in order for
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How GE Disrupting Itself We call the process used to IN MAY 2009‚ General Elecsold modified Western develop the two machines and tric announced that over the next six years it would spend billion products to emerging take them global reverse innovation‚ because it’s the opposite of to create at least health-care markets. Now‚ to the glocalization approach that innovations that would substantially lower costs‚ increase access‚ preempt the emerging many industrial-goods manufacturers based in
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various leadership models and frameworks: a. How would you describe Jack Welch’s leadership style? Jack Welch became CEO of General Electric in April 1981. At 45 years old‚ he inherited a company that was severely decentralized and was organized with layers and layers of upper management. Immediately‚ he changed the old management style in order to correspond to the new changing environment and social needs. Furthermore‚ he created an environment that could work together and communicate effectively to
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Soviet economy First‚ let’s see what conditions the Soviet economy had at its launch. It is known that Tsarist Russia was at one of the last places among the capitalist countries to produce industrial products per capita. In the middle of the 20th century‚ far ahead of Russia in terms of industrial production were the United States‚ Britain‚ Germany‚ and France. In tsarist Russia‚ cars‚ tractors‚ combines‚ powerful steam and gas turbines‚ diesel locomotives‚ electric locomotives‚ equipment for various
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Initiatives 3 2.1 Wipro Cares 3 2.2 Wipro Applying Thought in Schools 4 2.3 Mission10X 5 2.4 ECO Eye 5 3. Stake holders and CSR initiatives 7 4. Controversies 8 5. Conclusion 8 6. Appendix 9 Introduction Wipro headquartered in Bangalore is one of India’s leading firms which was founded by Mr. M.H Premji. Its business can be categorized under three main headings: • IT‚ BPO‚ R&D and Consulting Services: Wipro Technologies‚ Wipro Infotech • Consumer
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the email only. Open only those that are important at work and KIV the rest till the end of the day. Take action only on those that requires immediate action and KIV the rest until you have completed all the essential tasks of the day. 2) Getting To Work An Hour Earlier Get to office 1 hour earlier saves you from the morning rush hour jams. Since your are probably one of the earliest in office‚ there is no one else to interrupt your work and considering that you are fresh from a good night sleep
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The 1920’s were the first decade to almost completely resemble the modern consumer market. Invention and industry were both growing at an unprecedented amount. A lot of this was credited to the the automobile being mass-produced‚ and sold to almost every American who could afford one. This not only shaped the economy of the 1920’s‚ but it also changed the culture of Americans in general. For example‚ Americans are going to go “car crazy.” Furthermore‚ the invention of the automobile completely changed
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Rise of GE BWS It formed the base of the GE as it provided the world with much needed currency stability in the post-war era. Under the system‚ all currencies were pegged to gold and since USA has 70% of gold reserves‚ the USD became a de facto currency of the world– 35USD to one troy ounce of gold. As gold prices does not fluctuate‚ the BWS provided a much-needed stability for monetary flows and thus the world saw an increase in trade and economic growth. It also created open markets to combat
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