Finance and banking - 1135 Words

Chapter 1 1. Has the inflation rate in Canada increased or decreased in the past few years? What about interest rates? R/. The inflation rate of CAnada is low. The inflation rate was at 1.10 % in August. And the interest rate was declining. In one news said that on 1915 until 2013, the Canada s inflation rate 3.2% reaching an all time high of 21.6% in June of 1920 and got a record low at -17.8% in June of 1921. 2. If history repeats itself and we see a decline in the rate of money growth, what might you expect to happen to A. Real output - is going down B. the inflation rate, and - is going down C. Interest rates - is going down All are going to fall. 3. When was the most recent recession? According to the National†¦show more content†¦With the rise in the dollar s value in the early 1980s, travel abroad became relatively cheaper, making it a good time to visit the Tower of London. Chapter 2 1.Why is a share of IBM common stocks an asset for its owner and a liability for IBM? The share of IBM stock is an asset for its owner because it entitles the owner to a share of the earnings and assets of IBM. The share is a liability for IBM because it is a claim on its earnings and assets by the owner of the share. 2.If I can buy a car today for $5000and it is worth $10,OOO in extra income next year to me because it enables me to get a job as a traveling anvil seller, Should I take out a loan from Larry the loan Shark at a 90% interest rate if no one else will give me a loan? Will I be better or worse off as a result of taking out this loan? Can you make a case for legalizing loan-sharking? I should take out a loan from Larry, if I make a case for legalizing that would give problem and can affect the bank. It s not good make a case. 3.Some economists suspect that one of the reasons that economies in developing countries so slowly is that they do not have well-developed financial markets. Does this argument make sense? Yes, because the absence of financial markets means that funds cannot be channeled to people who have the most productive use for them. Entrepreneurs then cannot acquireShow MoreRelatedFinance, Banking And Finance Industry2170 Words   |  9 PagesYou don’t care what happens behind the scenes as long as your money is where it needs to be and is safe. As the banking and finance industry has transformed, so has the process of how your money is handled. To accompany those changes, regulators and lawmakers create laws designed to protect consumers, banks, and the economy as a whole. As you will learn, the history of the banking industry has changed drastically over the last two thousand years and even more so in the last century with the advanceRead MoreThe Dictionary Of Banking And Finance1471 Words   |  6 PagesSummary: The Dictionary of Banking and Finance characterizes â€Å"Investment Banking† as a term utilized as a part of the US to mean a bank, which bargains with the guaranteeing of new issues and prompts partnerships on their budgetary undertakings. The proportionate term in UK for such capacity is â€Å"Issue House†. A more extensive definition is given by Bloomberg, which characterizes a speculation bank as a budgetary go-between that performs a mixed bag of administrations incorporating supporting inRead MoreThe Field Of Banking And Finance934 Words   |  4 PagesThe field of Banking and finance is still developing and not every organizations are yet organized to deal with IT risk in an integrated way nor do all of them face the same levels of IT risk and or share similar risk side view. It is different to one another however, is compelling those are facing rising incident rates in the areas of security, availability, performance and compliance with noteworthy impact on re venue, reputation, productivity, and cost. (ISIT Risk Management in Banking Industry, 2011)Read MoreBanking and Finance Law1018 Words   |  5 PagesMID TERM ASSIGNMENT BANKING FINANCE LAW Name: Tran Cong Hieu Student ID: 15402543 Word count: 986 ISSUES Can Fantastic Landscapes Pty. Ltd. have the right to sue Red Bank to claim $50,000 which Minnie has stolen? Can Fantastic Landscapes Pty. Ltd. sue Red Bank for compensation for the $10,000 penalty fee? Can Fantastic Landscapes Pty. Ltd. seek compensation from BLB? RULES Firstly, who is the customer? Secondly, content of the contact at (2.65) states that: the contact betweenRead MoreEditorial Notes On Banking And Finance726 Words   |  3 PagesGeneral Editor’s note Welcome to the final issue of the Australian Banking and Finance Law Bulletin for 2017. It is rather unimaginable that the year is already drawing to a close – again! This is the holiday edition of the bulletin, and we have some great articles that will stimulate our minds by providing timely commentary on recent decisions and practical guidance on handling legal and commercial issues. This month, first up is Editorial Board member Leonie Chapman (LAWyal Solicitors). EarlierRead MorePrinciples of Banking and Finance1898 Words   |  8 Pagesopinion was due to greed. Greed into thinking that the property boom would continue in perpetuity so that the borrowers could cash out more from their current property market valuation, with this cash out in terms of personal loan they could fund or finance their lifestyle be it buying a new property for investment purposes, to flip or for rental. For the luxury in life they choose to enjoy now, spending future money. As the economy slowed, jobs are being taken away from corporation in America to otherRead MoreImpact of Ict on Banking and Finance1574 Words   |  7 PagesIMPACT OF ICT IN BANKING AND FINANCE As in a pendulum movement, the reflections about the impact of ICTs in the Economy have swung from enthusiasm to realism and back to optimism, being each of these states really subjective and implying a wide range of shades within. After a first period of cyberoptimism, people that â€Å"wanted to see† and people that thought â€Å"waiting to see† was a bad strategy because â€Å"it will then be too late†, followed a timespan where scientists — mainly economists — stuck to strictRead MoreImportance Of Banking And Finance Lawyers1040 Words   |  5 PagesAPRA and its relevance to banking and finance lawyers ARPA an independent agency and it is the prudential regulator of the Australian financial services industry. APRA is responsible for prudential supervision of individual financial institutions and for promoting financial system stability. Practitioners need to have working knowledge of APRA’s role and powers as it oversees authorised deposit-taking institutions (comprising banks, building societies and credit unions), including being responsibleRead MoreFinance And Banking Industry Uses1360 Words   |  6 PagesDM solutions can be applied to different kinds of organisations, in diverse fields such as biotechnology, finance, sports, manufacturing, retail and education. These solutions are mostly integrated with decision support systems. The following are a few examples of DM solutions [84]:  Finance - The finance and banking industry uses DM solutions to determine customer loyalty and the credit risk of customers. DMsolutions help the industry with money laundering investigations and enable customised plansRead MoreIslamic Banking: Sharia Compliant Finance2138 Words   |  9 Pages Introduction: Islamic banking is banking action that is reliable with the ethics of sharia and its applied presentation over the change of Islamic economics. As such, a more right word for Islamic banking is Sharia compliant finance. Sharia forbids getting of exact interest or fees for loans of money, whether the expense is stable or moving. Deal in businesses that provide goods or services considered contrary to Islamic principles (for example pork or alcohol) is also forbidden bad and forbidden

Definition and Examples of Linguistic Imperialism

Linguistic imperialism is the imposition of one language on speakers of other languages. It is also known as  linguistic nationalism, linguistic dominance, and language imperialism. In our time, the global expansion of English has often been cited as the primary example of linguistic imperialism. The term linguistic imperialism originated in the 1930s as part of a critique of Basic English and was reintroduced by linguist Robert Phillipson in his monograph Linguistic Imperialism (Oxford University Press, 1992). In that study, Phillipson offered this working definition of English linguistic imperialism: the dominance asserted and maintained by the establishment and continuous reconstitution of structural and cultural inequalities between English and other languages. Phillipson viewed linguistic imperialism as a subtype of linguicism. Examples and Observations of Linguistic Imperialism The study of linguistic imperialism can help to clarify whether the winning of political independence led to a linguistic liberation of Third World countries, and if not, why not. Are the former colonial languages a useful bond with the international community and necessary for state formation and national unity internally? Or are they a bridgehead for Western interests, permitting the continuation of a global system of marginalization and exploitation? What is the relationship between linguistic dependence (continued use of a European language in a former non-European colony) and economic dependence (the export of raw materials and import of technology and know-how)? (Phillipson, Robert. Linguistic Imperialism. Concise Encyclopedia of Applied Linguistics, ed. by Margie Berns, Elsevier, 2010.) The rejection of the linguistic legitimacy of a language—any language used by any linguistic community—in short, amounts to little more than an example of the tyranny of the majority. Such a rejection reinforces the long tradition and history of linguistic imperialism in our society. The harm, though, is done not only to those whose languages we reject, but in fact to all of us, as we are made poorer by an unnecessary narrowing of our cultural and linguistic universe. (Reagan, Timothy. Language Matters: Reflections on Educational Linguistics. Information Age, 2009.) The fact that†¦no uniform British empire-wide language policy developed tends to disconfirm the hypothesis of linguistic imperialism as responsible for the spread of English†¦ The teaching of English by itself†¦, even where it did take place, is not sufficient grounds to identify the policy of the British empire with linguistic imperialism. (Brutt-Griffler, Janina. World English: A Study of Its Development. Multilingual Matters, 2002.) Linguistic Imperialism in Sociolinguistics There is by now a well-entrenched and very respectable branch of sociolinguistics, which is concerned with describing the world of globalization from the perspective of linguistic imperialism and linguicide (Phillipson 1992; Skutnabb-Kangas 2000), often based on particular ecological metaphors. These approaches†¦oddly assume that wherever a big and powerful language such as English appears in a foreign territory, small indigenous languages will die. There is, in this image of sociolinguistic space, place for just one language at a time. In general, there seems to be a serious problem with the ways in which space is imagined in such work. In addition, the actual sociolinguistic details of such processes are rarely spelled out—languages can be used in vernacular or in lingua franca varieties and so create different sociolinguistic conditions for mutual influencing. (Blommaert, Jan. The Sociolinguistics of Globalization. Cambridge University Press, 2010.) Colonialism and Linguistic Imperialism Anachronistic views of linguistic imperialism, which see as important only the power asymmetry between the former colonial nations and the nations of the third world, are hopelessly inadequate as an explanation of linguistic realities. They especially ignore the fact that first world countries with strong languages seem to be under just as much pressure to adopt English, and that some of the harshest attacks on English have come from countries [that] have no such colonial legacy. When dominant languages feel they are being dominated, something much bigger than a simplistic conception of power relations must be involved. (Crystal, David. English as a Global Language, 2nd ed. Cambridge University Press, 2003.)

Changing Roles Of Women During World War I - 998 Words

The decade of the twenties has become known as â€Å"The Roaring Twenties,† â€Å"The Epoch of Confusion,† â€Å"The Age of Intolerance and Wonderful Nonsense,† â€Å"The Jazz Age,† amongst many others, all of which attempt to encompass the great times and good feelings of this decade that would influence modern America for many decades to come. Americans had more money to spend and more time for leisure in the hustle and bustle of cities like New York and Philadelphia. The economic boom, the changing roles of women, and the explosion of mass culture were all contributing factors to this time of â€Å"dramatic social and political change† (Staff). After World War I, the nation’s economy shifted from a military focus to one of a more domestic approach. Factories that were previously used for wartime productions such as tanks transitioned into factories of peaceful production (Sullivan). With this change, new products and technologies such as t he automobile and household appliances were able to be mass produced- and mass consumed. This created a new economic culture of consumerism, one that can be defined as â€Å"the theory that a progressively greater consumption of goods is economically beneficial; Attachment to materialistic values or possessions† (Emerald 6) or a â€Å"culture surrounding the buying and selling of products† (Sullivan). Encompassed in the frenzy of consumerism were the major industries of automobile making, household appliances, and the world of advertising. The auto industry was jetShow MoreRelatedCanadian Women and the Second World War1173 Words   |  5 PagesCanada Women and the Second World War The changing roles of women throughout history has been drastic, and none more so than the period during and after World War II. The irrevocable changes that occurred once the war started and women went to work were unprecedented. In the end, the changing role of Canada’s women during the War was the beginning of a chain reaction of events that have forever changed the Canadian workplace and also that of men’s archaic views on the capabilities of women in generalRead MoreExplore Barkers Representation of Women in Barkers Regeneration1587 Words   |  7 Pagespresentation of women in Regeneration. Regeneration is a novel largely based upon the male experience of war , however Barkers use of predominantly confident and modern women represents the seismic effects the war had on the female population, while also exploring how the war was an emasculating experience for men. As the jingoistic illusions of what war was like were weakened by the harsh realities of war for the men who signed up to fight, they began taking on more maternal roles, whereas, someRead MoreWomens Roles: Women of the Slaveholding South in the American Civil War by Drew Gilpin Faust1261 Words   |  6 PagesMothers of Invention: Women of the Slaveholding South in the American Civil War by Drew Gilpin Faust chronicles the transition of women’s roles and attitudes in the South during the Civil War. The work of Faust does not only deal with the roles of women but also the changing attitudes of men in relation to the status of women in the South. The war itself was integral in the transformation of wom en and would bring about these changes for the better but would be painful for many who were raisedRead MoreWorld War One On The Changing Role Of Women933 Words   |  4 Pagesimpact of World War One on the changing role of women, effects of weaponry and trench warfare and discrimination against German and Turk Australians? World War One was a significant event in Australian society, from 1914-1918.The impact of World War One on the changing role of women, effects of weaponry and trench warfare and discrimination against German and Turk Australians.These different topics all changed Australian society in varied ways. The changing role of women in World War One has hadRead MoreJessie Pope War Women Analysis1582 Words   |  7 PagesMasculinity and Femininity in Jessie Pope’s war poems: â€Å"War Girls† and â€Å"The Call† The world wars have greatly impacted modern British literature in the 20th century. 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The women of America began to evolve in the 1920s, addingRead MoreWomens Fight to Reform their World in the Early 1900s Essay1127 Words   |  5 Pagesno secret that no matter how much women continue to strive in the workplace, politics, etc., inequality will always persist. Throughout American history, the oppression of women has caused an adverse effect on humanity. Some men believed that embracing women as worthy of equal opportunities was a threat to them, as all the rules would be changing. However, the 1900s witnessed a change in that trend, as women started t o fight and stand up for their rights. Women have stood on the frontline of this

National Income Foreign Trade Multiplier â€Myassignmenthelp.Com

Question: Discuss About The National Income Foreign Trade Multiplier? Answer: Introducation The rise in the unit tax for carbon effectively reduce the market externality. Initially, Q tonnes of carbon were produced at a price P; the introduction of unit tax raised the costs of producing carbon and thus the suppliers were forced to cut their production from Q to Qt; this was from a shift in supply curve from S to S1. Hannam (2014) supported this argument by noting that the carbon tax was successful in lowering carbon emissions. The result was a price rise for carbon which discourage the consumption by the households; consequently the level of carbon emissions fell (Twomey, 2014). However, this resulted in a loss of efficiency in the carbon market. The social optimal level of carbon production was Q at a price P. The demand for energy is inelastic to price and thus the consumers suffer when price rises. A deadweight area abx was recorded after the price rose to Pt. The 15 billion compensation would add up to the households income and thus they will be able to demand extra units of carbon. The additional demand for carbon will stimulate the carbon producers to raise their level of production so as to meet the rising demand. Demand laws support the argument that price charged rises as demand rises over supply. The increased need to produce more will result in an increased employment since more labor will be a requisite. The carbon price level will rise one again. The loss on consumer confidence means that they will lower their spending level. Thus, the households consumption component of the aggregate demand will be reduced. According to Uren (2017), the Australian economy is dragged down by the weak growth in consumer spending. The increased living costs are affecting the consumers budgets and thus they are not able to spend as much. For instance the housing and electricity prices have surged in the recent years; these extra spending on such goods is leaving less income to be spent on other goods and services and this explains the falling trend of Australian consumption expenditure growth. The Keynesian cross model below is used to explain the impact of the weak spending on the aggregate demand. The equilibrium level between AD and Y is at point m; at this point, AD = Y. To the left of AD = Y, the Aggregate demand is lower than real GDP and to the right, the AD is greater than real GDP (Be?nassy, 2011). The initial AD curve is AD* = C + I + G + (X M). Since we have noted that the weak consumer spending lowers the aggregate demand, the AD* curve will shift to the right to AD curve. The shift to the right results in a new equilibrium point created at point n; this is at a lower level of real GDP (Y). According to Jericho (2017), the main reason why Adam Creighton claimed that the real Australian unemployment rate is above 20% is that the estimation for unemployment rate does not include some many potential workers. the measure include only those who are considered to be actively seeking; all those who are not actively seeking but could do a job if they had one are excluded. In an economy like Australia where there is a market failure in the labor market, it may take long before a potential worker lands into a job. A prolonged duration of job search discourages some workers and they fail to actively seek a job anymore; the government estimation of unemployment only considers the four past weeks active seekers. Thus governments unemployment data obtained from the statistics bureau may be way lower than what is the actual Australian unemployment rate. Creightons measure considered not only including the discouraged workers, but also the retirees and the stay-home-parents who have no employed jobs. Further, he also included the underemployed in his measure. Some people may be working for only a few hours and be considered employed; someone working for an hour or two could as well be considered unemployed since the wage received is insufficient for meeting the personal needs. This hidden unemployment is difficult to estimate because not all people need a job. Some people are into businesses and thus may not participate in the labor force. Thus, considering all those seeking and not seeking unemployment to be unemployed would again bring issues. It is difficult to determine the job done by every person; most people will be dishonest. Part a Aggregate Expenditure function AD = C + I + G + (X - M) The autonomous expenditure is the spending that has to take place even if the income level was zero (Yadav, 2014). The consumption expenditure function is C = 40 + 0.9YD. In this case the autonomous consumption is 40. Part b Y = C + I + G + (X - M) But, C = 40 + 0.9YD; I = 40; G = 60; T = 0.2Y; X = 14 M = 10 + 0.02Y. Y = Y = Y = Y = 100 + 40 + 60 + 14 10 + 0.9Y - 0.18y - 0.02y Y = 204 + 0.7Y Y - 0.7Y = 204 0.3Y = 204 Y = 680 Therefore, the equilibrium level of income in this economy is 680. Part c When a demand injection in an economy changes, it results in a change in the national income; the number of time the national income changes as a result of the injection change is the multiplier concept (Pettinger, 2017). In an open economy, equilibrium of the national income is achieved at the level where savings + imports = investment + exports (Taboola, 2017). S + M = I + X Any change on the left has to be accompanied by an equal change in the left for equilibrium to be maintained Thus, S + M = I + X Change in saving (S) = s.Y. Where; s = MPS (marginal propensity to save); Y = the change in national income. Change in imports (M) = m.Y, where m = MPI (marginal propensity to import) s.Y + m.Y = I + X Y(s + m) = I + X Y = Thus the foreign trade multiplier is But s = 1 MPC; our consumption function is C = 40 + 0.9YD; MPC = 0.9; import function is M = 10 + 0.02Y, MPI = 0.02 Foreign trade multiplier = = = 8.333 Multiplying 8.333 by the in exports (30-14 = 16) we get the change in national income 8.333*16 = 133.333 Change in national income = 133 References Be?nassy, J. (2011). Macroeconomic theory. New York: Oxford University Press. Hannam, P. (2014). Carbon price helped curb emissions, ANU study finds. [Online] The Sydney Morning Herald. Available at: https://www.smh.com.au/environment/climate-change/carbon-price-helped-curb-emissions-anu-study-finds-20140716-ztuf6.html [Accessed 2 Oct. 2017]. Jericho, G. (2017). To those who claim Australia's unemployment data is dishonest please stop | Greg Jericho. [Online] The Guardian. Available at: https://www.theguardian.com/business/grogonomics/2017/may/30/to-those-who-claim-australias-unemployment-data-is-dishonest-please-stop [Accessed 2 Oct. 2017]. Pettinger, T. (2017). The multiplier effect. [Online] Economicshelp.org. Available at: https://www.economicshelp.org/blog/1948/economics/the-multiplier-effect/ [Accessed 2 Oct. 2017]. Taboola (2017). National Income and the Foreign Trade Multiplier. [Online] Economics Discussion. Available at: https://www.economicsdiscussion.net/national-income/foreign-trade-multiplier/national-income-and-the-foreign-trade-multiplier-2/10760 [Accessed 2 Oct. 2017]. Twomey, P. (2014). Obituary: Australia's carbon price. [Online] The Conversation. Available at: https://theconversation.com/obituary-australias-carbon-price-29217 [Accessed 2 Oct. 2017]. Uren, D. (2017). Weak spend a drag on economy. [Online] Theaustralian.com.au. Available at: https://www.theaustralian.com.au/business/opinion/david-uren-economics/weak-consumer-spending-a-drag-on-economic-growth/news-story/5cf5c25bbdb6e119f5ca8517dfc40430 [Accessed 2 Oct. 2017]. Yadav, G. (2014). How are autonomous expenditures determined? [Online] Quora. Available at: https://www.quora.com/How-are-autonomous-expenditures-determined [Accessed 2 Oct. 2017]