“All little girls should be told they are pretty, even if they aren't.” (C) Marilyn Monroe
The wedding bands sealed with love When making arrangements for a wedding most couples leave the choosing of gold wedding rings until nearly the last moment. The exchange of wedding rings is the important element that seals their vows to each other before being pronounced. The shiny pieces of gold can be purchased in alternate […]
Quantity Theory Fisher’s view that velocity is fairly constant in the short run transforms the equation of exchange into the quantity theory of money, which states that nominal income is determined solely by movements in the quantity of money: When the quantity of money M doubles, M x V doubles and so must P x […]
MACROECONOMIC POLICY AND THE EXCHANGE-RATE SYSTEM Our analysis of business cycles and economic growth has generally focused on policies in a closed economy. We analyzed the way that monetary and fiscal policies can help stabilize the business cycle, shaving the peaks off inflation and the troughs off output. How do macroeconomic policies change in an […]
The Changing Beauty In Jewelry Jewelry has always fascinated man since time immemorial. Originally the word jewelry comes from the French word joule. In the 13ht century different items of ornamentation was called jewelry, namely ear rings, necklaces armlets and others. Not only has jewelry been a status symbol for man it has been the […]