Measuring economic growth • Main measure is GDP ( Gross Domestic Product) • GDP is the value of output produced within the domestic boundaries of the UK over a period of time, usually a year. • An alternative measure of national income is GNP (Gross National Product)/ GNI (Gross National Income). • It measures the value of income from UK owned factors of production over a given period of time, usually a year. • GNI = GDP + Net property income from abroad (NPIA) • NPIA is the net balance
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of a larger company or he may choose to improve his production with the use of technological advances. Through technology, such as the use of computerized cutting instruments that will improve the accuracy of the cuts and allows for less production time it would allow the Guillermo Furniture Company to increase profit and a low cost per piece. Another alternative is to form a partnership with a competitor not yet
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focus on the budgeting part of the term rather than the capital portion. Actually, capital is the more important aspect in that it lets us know that we are evaluating a larger expenditure that will be capitalized -- in other words, depreciated over time. Remember, a capital expenditure can be many things -- a large copying machine, an automated assembly line, a building, or the ultimate in capital budgeting -- the acquisition of another entity. What is totally cool about capital budgeting is it
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the same time. We have to choose the most possible project. According to this calculation, EduCare can make more profit more than Beer Chang can get. This is the fact, why we have to choose EduCare Service. 1. Investment Appraisal Methods There are four types of Investment Appraisal methods. They are- 1. NPV (Net Present Value) 2. PBP (Pay Back Period) 3. IRR (Internal Rate of Return) 4. ARR (Accounting Rate of Return) Among them, NPV (Net Present Value) method is
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give your child money, make them work for it. Show them the value of a dollar and not the value of a letter grade. Children are required to go to school in order to learn and become educated. If your children want to do something or go out with friends and they need money have them work for it. There are chores they can do around the house like mowing the yard or taking out the trash and for every task done allot each one with a certain dollar amount. Show your child the value of a dollar and
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Foreign Exchange Market Demond McKeever National University In view of the fact that the international business environment is not set up with a worldwide medium for exchange, the foreign exchange market is a necessity for international trade. The major functions of the foreign exchange market are to transfer purchasing power, allocate open trade for international markets, monitor exchange rates from fluctuating to rigorously, and to aid in the import and export of goods
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were using previously and instead dealt themselves euros. From then on the so-called eurozone had a single currency, a "unique money". In the 2000's Greece and other countries joined the group. Greece undertook the same operation. It relinquished its drachmas and received an equivalent amount of euros. We explain below technically the issuance of a new currency, but for the time being what's important is the result. Henceforth Greek firms and Greek citizens could buy goods and services anywhere in the
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INTRODUCTION As a financial advisor, I have got an opportunity to prepare a session called financial investment. This session is for the people who are very much interested in knowing the risk and awareness about the investment for long or short term. It is for all people such as NRIs, self-employed, professionals, etc. Number of observers has focused on the objectivity of individual assets portfolios between risky and riskless assets. Awareness about the risk involved in portfolio has major implications
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Use of Guide This Course Guide is provided to assist students in mastering the subject matter presented E202, Introduction to Macroeconomics. The commercially available student guides and workbooks are notoriously inadequate and are simply of little value. At several institutions, prepared course materials are made
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given period is realized continuously throughout the period, and not at a single point in time. The payback is then the point in time for the series of cash flows when the initial cash outlays are fully recovered. The payback criterion decision rule is to accept projects that payback before this cutoff, and reject projects that take longer to payback. b. The payback period rule ignores the time value of money; requires an arbitrary cutoff point; ignores cash flows beyond the cutoff date; biased against
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