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pounded until the CLASSICAL ECONOMISTS made it a central feature of their theory. Both SMITH and RICARDO attempted to relate long-term equilibrium value to the labour input of production but MARX is best known as an adherent of this view. Labour theories have a variety of forms. Smith's three versions were labour quantity (the value of a good is proportional to the amount of labour needed to make it), labour command (the value of a good is proportional to the amount of labour of others obtained in exchange) and labour disutility theory (value is proportional to the toil and trouble incurred in production). Neoclassical economists firmly dismissed such theories in favour of a MARGINAL UTILITY approach. JEVONS Stated that once labour is expended in production it no longer enters into value but is lost and gone for ever.<br /> <br /><em>Reference</em><br />Meek,R. (1973)Studies in the Labour Theory of Value, London: Allen & Unwin. short term loans payday loans activity rate (J2)<br />Official UK term for the LABOUR FORCE PARTICIPATION RATE. If the female population is 100 million and the female labour force is 55 million, the female activity rate will be 55 per cent. cash till payday no credit check <strong>FAMS</strong> – Financial Aid Management System, software used by the school to administer all aspects and types of financial aid. FAMS products include Datatel' s product Colleague, PeopleSoft, SCT' s product Banner, the College Board' s product PowerFAIDS, and many others. fast loans cash cash advance payday loan foley florida cash until payday in atlanta payday cash advance loans virginia national cash advance ky cash advance america houston locations cash loans campbelltown |
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chaos theory (DO, G1)<br />An analysis of random movements applied to the price data of stock and currency markets, as well as to meteorology. Chaotic behaviour appears random in that changes in prices or other economic variables show no regular periodicity and are not part of a structure detectable by statistical tests. However, more sophisticated tests offer a chance of identifying underlying non-linear mathematical structures.<br /><em>See also:</em> butterfly effect <br /><em>Reference</em><br />Baumol, WJ. and Benhabib, J. (1989)<br />'Chaos: significance, mechanism and economic applications', Journal of Economic Perspectives 3: 77-105.<br /> Gleick, J. (1988) Chaos Making a New Science, London: Heinemann.<br /> Grauwe, P. de and Vansauten, K. (1990)<br />'Deterministic chaos in the foreign exchange market', Paper 370, London: Centre for Economic Policy Research.<br /> Savit, R. (1988) 'When random is not random: an introduction to chaos in market prices', Journal of Futures Markets 8: 271 cash advances houston tx instant cash employment small loans inc alabama advance america cash advance hollister mo one hour cash loans no credit check nationwide cash payday loan online cash advance ga loan cash flow statement <strong>FWS</strong> – Federal Work-Study Program, a campus-based Title IV student employment program administered by the school. FWS is a need-based program. how to get fast cash online payday loans in oregon not using teletrack |
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full-set industrial structure (Ll)<br />A complete range of all industrial sectors at a high level of development. Japan achieved this range and level, unlike the more specialized countries of Europe.<br /><em>See also:</em> autarky cash advance america duncanville tx cash loans bad credit uk payday loans no credit check online very bad credit loans review cash loans for car titles in north carolina cash loans in chicago bad credit loans bournemouth approved cash advance troy al social opportunity cost of foreign exchange (F3)<br />The effective local currency cost to a country of the foreign exchange it spends plus the effective local currency yield to it of the foreign exchange it generates by exporti ng and by IMPORT SUBSTITUTION. cash flow loan program unsecured personal loan with no credit history |
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one hundred per cent reserve banking (G2)<br />A form of banking which maintains a bank's total volume of deposits (liabilities) equal to reserve assets. Under this system, a bank is unable to make advances through credit creation. Although such banking can resist RUNS oN A BANK, it makes little profit through not holding illiquid bills, bonds and loans.<br /><em>See also:</em> Fisher; fractional reserve banking payday cash advance greenville sc payday lenders only 500 fast cash customer service phone number ways to get cash quickly Cassel, Karl Gustav, 1866-1945 (B3) After studying mathematics at Uppsala University, Sweden, he became a professor of economics at Stockholm University in 1902. He was a founder of modern Swedish economics, especially noted for Theory of Social Economy (originally published in 1918) and monetary writings. He rejected both labour and MARGINAL UTILITY theories of value in favour of a price theory which he also applied to his study of the RATE OF INTEREST. He relied on the QUANTITY THEORY oF MONEY in his monetary economics and was anti-Keynesian. His pupils included OHLIN and MYRDAL.<br /><em>Reference</em><br />Mitchell, W.C. (1969) Types of Economic Theory, Vol. 2, ch. 16, New York: Augustus M. Kelley. <strong>Payment period</strong> – The basis on which a school must schedule and deliver disbursements for a particular loan period. A payment period is determined by the structure of the school' s academic program. how to get fast cash with bad credit dfs loans cash central |
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seignorage (E4)<br />1 The levy charged by states for converting precious metals into coins (the UK abolished that charge in 1666).<br /> 2 The net earnings received by a country with a RESERVE CURRENCY from the assets it acquires through other countries holding its currency.<br /> 3 The revenue, net of the cost of production, gained from issuing banknotes or another form of currency. Seignorage is a major source of government revenue in high-inflation economies as a government can finance its deficits by creating more money.<br /><em>See also:</em> free banking payday loans online in maryland <strong>Due diligence</strong> – The collection procedures required to attempt to satisfactorily resolve a delinquency and prevent a default in accordance with federal regulations. fast cash loan bank inheritance tax (H2)<br />A tax on WEALTH transferred after the decease of an individual person. This tax aims to raise revenue and bring about an intergenerational shift in wealth distribution. Inheritance taxes have long had their advocates, e.g. John Stuart MILL, as a major method of reducing INEQUALITY in society. payday loans online phoenix az empire loan cash for gold 5000 quick cash loans personal loan payday cash advance without checking account no fax payday loans md payday loans same day deposit |
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<strong>Coordinating Board for Higher Education (CBHE)</strong> – The governing body overseeing the Missouri Department of Higher Education. The CBHE is comprised of 9 board members and meets 5 times each year. <strong>Higher Education Reconciliation Act (HERA) of 2005</strong> – The portion of the Deficit Reduction Act of 2005 specifically addressing student financial aid provisions, including student loan interest rates and fees, consolidation rules, school as lender, and other policies and procedures. big push (04)<br />A theory of simultaneous economic development in several sectors. RosensteinRodan asserted that for economic development to succeed there should be, as a minimum, several large investment projects in different industries in order to secure INCREASING RETURNS TO SCALE from !NDIVISIBILITIES in production. It was hoped that the scale of such development would reduce divergences between private and social products. However, the lack of resources of many Third World countries made it unlikely that so ambitious a scheme would be implemented.<br /><em>Reference</em><br />Rosenstein-Rodan, P. (1943) 'Problems of industrialization in Eastern and southeastern Europe', Economic Journal 53: 202-11. bad credit payday loans personal loans your bank cash loans melbourne fl is quick cash kit a scam online cash advances secure personal loans bad credit home |
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<strong>Adjusted Gross Income (AGI)</strong> – Adjusted Gross Income, an income figure on federal tax returns used to perform need analysis and verification. <strong>Award Letter</strong> – Schools send award letters to students indicating the type(s) and amount(s) of financial aid awarded, or packaged, each year. Under 34 CFR 668.16(h), the school is required to provide information about the sources and amounts of aid offered. cash advance stores durham nc <strong>MLN</strong> – Missouri Learners' Network, an organization that shares information, promotes educational opportunities provided by Missouri schools, and refers students to participating institutions for educational programs, courses, and learner services. <strong>Recognized equivalent of a high school diploma</strong> – A recognized equivalent of a high school diploma may be a GED certificate, the academic transcript of a student who has successfully completed a 2-year program of study acceptable toward a bachelor' s degree, or has obtained other state certifications/requirements. fast cash advance loan check advance wausau wi bad credit loan quickly |
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<strong>EFA</strong> – Estimated Financial Assistance (or Aid), a school' s estimation of the amount of financial aid for which the student is eligible during any given enrollment period. EFA may include loan, grant, or scholarship aid from federal, state, institutional, or other sources. cash loan until tax refund no credit check payday loan companies unsecured loans no bank account pounded until the CLASSICAL ECONOMISTS made it a central feature of their theory. Both SMITH and RICARDO attempted to relate long-term equilibrium value to the labour input of production but MARX is best known as an adherent of this view. Labour theories have a variety of forms. Smith's three versions were labour quantity (the value of a good is proportional to the amount of labour needed to make it), labour command (the value of a good is proportional to the amount of labour of others obtained in exchange) and labour disutility theory (value is proportional to the toil and trouble incurred in production). Neoclassical economists firmly dismissed such theories in favour of a MARGINAL UTILITY approach. JEVONS Stated that once labour is expended in production it no longer enters into value but is lost and gone for ever.<br /> <br /><em>Reference</em><br />Meek,R. (1973)Studies in the Labour Theory of Value, London: Allen & Unwin. <strong>SU</strong> – Within CommonLine file specifications, loan type code used to indicate an unsubsidized Federal Stafford Loan. payday rnlc nh check loans law |
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