Exchange rate development in Ethiopia Monetary Development The legal tender currency of Ethiopia was issued on 23 July 1945 by defining the monetary unit as the Ethiopia dollar (E$) with a value of 5.52 grains (equivalent to 0.355745 grams) of fine gold. The linkage with fine gold was in accord with the monetary system established by the Bretton Woods Agreement of 1944. For the five years following the proclamation of the national currency (1945–1950)‚ money supply of the country was determined
Premium Foreign exchange market Bretton Woods system Exchange rate
Factors that affect exchange rates. Like any price‚ the exchange rate deviates from the cost basis - the purchasing power of currencies – under the influence of supply and demand of currency. The ratio of the supply and demand depends on several factors. It reflects connections with other economic categories - cost‚ price‚ money‚ interest‚ balance of payments‚ etc. There is a complex of interweaving and nomination of decisive factors. Among them are the following. • 1.The rate of inflation. The ratio
Premium Foreign exchange market Exchange rate Bretton Woods system
my own horses and cows and chickens. To have cool‚ lifted trucks and razors for entertainment. I always wished of having something like that‚ far aways from the city so my family and I could party and not disturb anybody. The results of my Career Interest Profiler and/or Personality Type test said that “my personality type is Consul”. I definitely agree with this because when I grow up I want to work for the government. The reason why I want to work for the government is because i’m very outgoing
Premium High school College Family
Military Divorce Rates and the Age Blended Families Your Name Please Park University Military Divorce Rates and the Age Blended Families Military Divorce rate In American society‚ the divorce rate is high as compared to other developed countries of the world. In 2001‚ before the start of Afghanistan war‚ the military divorce rate was just 2.5%. Today‚ this rate jumped to 3.9%‚ a significant change. The risk of divorce is limited to men‚ but women are also at the higher risk (Harper‚ 2011)
Premium Marriage Divorce Alimony
applied; b) Coordinated with fiscal policy; c) Coordinated with trade‚ fiscal and exchange rate policy; d) All of the above. 5. In conducting monetary policy‚ Bangladesh Bank pursues a strategy of – a) Inflation targeting; b) Monetary targeting; c) Both of the above; d) None of the above. 6. An increase in the rate of interest would increase – a) The transactions demand for money; b) The prices of bonds; c) The
Free Monetary policy Inflation Macroeconomics
INTEREST GROUP REPORT The Sierra Club John Muir made the incomparable Yosemite Valley the center of his experience. Soon his words reached the larger audience of the New York Tribune and other influential publications‚ and he was writing that the Sierra should be explored by everyone‚ and permanently protected as a recreational resource accessible to all. In 1889 Muir embarked on an excursion in northern Yosemite with Robert Underwood Johnson. The two planned a campaign for a Yosemite National
Free Yosemite National Park
Diffusion is a way nonvascular plants can get water. It is the movement of molecules from an area of higher concentration to an area of lower concentration until they are equal. An example of diffusion is red food coloring. When you put food coloring in a glass of water the color will spread through the water until all of it is a red tint. This shows the molecules of the food coloring equally distributed in the area of the water. Osmosis is a special type of diffusion where only the water molecules
Premium Osmosis Chemistry Water
9.5 Tests for halogens and halide Ions Test for halogen Test method Test observations Test chemistry and comments Chlorine gas Cl2 A pungent green gas. (i) Apply damp blue litmus. (Can use red litmus and just see bleaching effect.) (ii) A drop silver nitrate on the end of a glass rod into the gas. (i) litmus turns red and then is bleached white. (ii) White precipitate. (i) Non-metal‚ is acid in aqueous solution and a powerful oxidising agent (ii) It forms a small amount of chloride ion in water
Premium Chlorine Ammonia Sulfuric acid
Factors Affecting Rates of Reaction Thanks to Michelle Craig Manitoba Curriculum Chemistry Grade 12; Kinetics‚ Topic 3-08 Objectives To design short experiments to investigate and explain qualitatively using collision theory the relationship between reaction rate and temperature‚ concentration‚ catalyst‚ and surface area. Apparatus and Materials Available 3 x 250 mL beakers magnesium ribbon (1 cm) 3 x test tubes magnesium powder test tube rack mossy zinc 10 mL graduated
Premium Chemical reaction Reaction rate
Western cities‚ Hong Kong’s MTR enjoys a very low crime rate. With a reference to environmental criminology‚ explain why this is the case. Hong Kong MTR is one of the busiest underground transit systems in the world with around 4 million person-time passenger per day. (MTR‚ 2010a) In 2007‚ Hong Kong MTR annual ridership was the seventh highest in the world. (MTA‚ 2010) Meanwhile‚ this is our proud that Hong Kong MTR has a low crime rate‚ it helps to maintain MTR to be one of the famous underground
Premium Crime Criminology Rapid transit