Economics

I think the reason was that by standardizing the monetary system, trade between the countries of the EU would become much less complicated, and therefore easier and hopefully would increase significantly, benefiting all involved.

It is when the price of everything starts going up. Often an outside stimulus can start a cycle of inflation.

The price of goods and services is going up because of an over supply of money. As the amount of money in wallets increases so does the temptation to increase prices, which increases costs “especially by banks and finance institutions”, They have the least to lose as they hike up interest rates to regain losses.

The advantages of capitalism are that the governments have limited control over other business, which lets business compete.

It’s a economics for decision making where we have to be very optimize and implement those situation which will be helpful in profit maximization in our business effectively and efficiently

Since the microeconomics explains the concepts like demand, production, supply analysis, so that it maximizes the profit.

Capitalism is the dominant, most used form of government there is in the world today. Currently, over 80% of countries use capitalism and a free market economy.

Things like housing and autos tend to be affected by changes in interest rates because financing is typically required to make such purchases. If financing becomes more expensive due to an increase in interest rates, sales in these goods tend to be effected in a negative way. On the other hand, when interest rates are low sales are usually positively impacted for interest rate sensitive goods.

Members of the Organization for Economic Cooperation and Development are:

Twenty countries originally signed the Convention on the Organization for Economic Co-operation and Development on 14 December 1960. Since then a further ten countries have become members of the Organization.

They are picked up by the delivery driver and transported back to the distribution center where they are kept for recycling.

It refers to the study of feasibility of a project in terms of its total economic cost and total economic benefits.

It means to compare total cost with total benefit if we add external cost with private cost, its called total social cost if we add external benefit with private benefit, called total social benefit.

The 5 advantages are Neutral, Flexible, Freedom of choice, No administrative cost and lastly Diminished incentives. Distinguish between diminishing returns and diseconomies of scale. Diseconomies of scale I guess means as you produce more it becomes more expensive to produce.

For example, you produce output 1 for $2 but output 2 for $5 thus the second one required $3

Now let us say input for output 1 had to be doubled for input 2. One land gave output 1. Output 2 needed 2 lands. Then there are not diminishing returns.

However, as second land was costing $3 there was diseconomies of scale.

It generally refers to the combination of commercial banking and investment banking. It is a supermarket for both wholesaler n retailer financial services as it offers a wide range of financial services

This is an analysis of costs and revenue to determine whether a venture will make a profit. This is important information in deciding on whether to make an investment. The length of time required to repay the initial investment can be a critical factor.

Basic textbook models, such as the Mundell-Fleming model, say that capital inflow occurs due to the domestic interest rate being higher than the world interest rate, and thus capital inflow. So according to this model, it can lower interest rates so that interest rates stabilize to the world interest rate. However, there is a checklist that needs to be ticked off and this checklist is like a chain, for example if domestic interest rates are high then there is going to be capital inflow, the domestic currency will appreciate due to the increase in demand for the currency, thus Net Exports will decrease until exchange rates have stabilized.

Unrest is unexcused walkouts or absences or you have unresolved issues that may lead to a strike. Labor strike is just that. Workers walk out on jobs and do not return until a new contract is negotiated and approved by membership

Packets per second (pps) are a measure of throughput for network devices such as bridges, routers, and switches. It is a reliable measurement only if all packet sizes are the same. Vendors will often rate their equipment based on pps, but make sure comparisons are made using the same packet sizes.

Opportunity cost is cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action. Concept of opportunity cost is central to economics because it reminds us that everyday we each have choices to make and for each choice, that we make there is a second best option that we forego{that we pass up}

Collateral Management is a function to manage collateral effectively. It provides interface to enter collateral data, and it has a master data of collateral descriptions and types. It maintains customer, collateral, and credit account relationships so the amount of idle collateral can be determined. It is usually packaged in an application or part of the core-banking application.