Posted by admin on Jun 17, 2022 in Economy | 0 comments
ch 1
accounting equation (ch 1):
the balance sheet shows the relationship between assets,liabilities,& stockholder’s equity @ a particular date.in equation form,assets = liabilities + stockholder’s equity.this is referred 2 as the basic accounting equation.
financial statements (ch 1) format/content (which accounts belong on each financial statement):
4 types of financial statements:
income statement:
summarizes all revenue & expenses 4 period (month,quarter,or year).if revenues exceed expenses,
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Posted by admin on Feb 9, 2022 in Economy | 0 comments
Futures and forwards (II)The no-arbitrage principle. Consider a forward contract that obliges us to hand over an amount K at time T to receive the underlying asset. Today’s date is t and the price of the asset is currently S(t), this is the spot price, the amount for which we could get immediate delivery of the asset.
When we get to maturity, we will hand over the amount K and receive the asset, whose worth is S(T), and we cannot know this until time T.
Enter into the forward contract. This costs
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Posted by admin on Jan 30, 2022 in Economy | 0 comments
Brain storm: 1.Education in values. 2.Importance of education. 3.Educate through new
technologies. 4.How education has changed
Outline: INTRO: we must strive every day to achieve a better society, and
education is the key to changeP1:
It is necessary to see education as a motivation to be more, instead of a
motivation to have moreP2: four
fundamental learnings of education.P3: training
children for life in society. Conclussion: It is essential to be an inspiration to your
students in every way.
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Posted by admin on Dec 14, 2021 in Economy | 0 comments
GOVERNMENT POLICY
Government as a producer:
Essential goods and services
Merit goods
Public goods
Control monopolies
*Government as an employer:
Unemployment rate=(number of unemployed%labour force)x100
Full enployement: situation were most people have a job but there are enough people out of work to prevent wages from starting to rise at an increasing rate
people are happier, but at the same time there must be unemployed so wages don’trise a lot
Dealing with unemployment:
Temporary: publicise job vacancies
Seasonal:
Posted by admin on Nov 30, 2021 in Economy | 0 comments
Financial system and economic devp: fin system: demand for fin services comes from activities of nonfin firms(real sector), Monetary policy in dev: regulate economic activity and inflation,
↑ supply $ -> ↑ loanable funds -> more investments + ↓ i/r
- Why dev different? They have highly organized, economically interdependent and efficient functioning(spatially fragmented) money and credit markets. Consistency&uniformity in i/r across different sectors®ions
- Constrained by the openess
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Posted by admin on Nov 27, 2021 in Economy | 0 comments
Fidelity Guarantee Insurance: Protects a business against financial losses, it might have as a result of dishonest or fraudulent activities by an employee. Public Liability Insurance: Protects a business if a member of the public is injured (or their property is damaged) due to negligence while on the premises or as a result of the business’s activities. e.g. protects the business against a claim for damages from a consumer who falls and is injured on the business premises.
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