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Discuss the advantages and disadvantages of the gold standard.Answer: The benefits of the gold standard include: (I) as the supply of gold is restricted, countries cannot comprise high inflation; (2) any BOP disequilibrium can be corrected mechanically through cross-border flows of gold. Alternatively, the major disadvantages of the gold standard are: (I) the world economy can be subject to deflationary pressure because of restricted supply of gold; (ii) the gold standard itself has no method to enforce the rules of the game, and, the result of it, countries may pursue economic policies (such as de-monetization of gold) which are incompatible with the gold standard.
are footnotes important in analysing ratios
These securities aid in unpacking the cash flows from a pass-through. The most uncomplicated stripped mortgage-backed securities are the PO-IO-security. Unlike a
Nortel is considering the purchase of a new call routing system. The system will cost $50M to purchase, an additional $7M to install, and will last for 30 years. The CCA rate as
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how is operating cycle applicable to poultrybusiness in Uganda (broilers)
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BAGS, Inc. is considering an investment in a new project. The required investment is $1,000,000. After-tax net cash flows are expected to be $50,000 the first year and are expected
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