1. Introduction
In 1999, the euro was introduced with the interests and expectations of the people around the world. Euro gave a many economic, social benefits to euro using countries as expected . With Euro's social, economic, status rising, many countries wanted to join the eurozone. Euro using countries had risen to 17 countries from 12 countries in 14 years. But high euro’s status began t
Focused on mainly on operational issues
Re-investing in its stores
Broadening its merchandising and design groups
The company’s determination to keep prices high
Global sourcing strategy
Vendors in 37 countries from 258 factories and suppliers
No single supplier accounted for more than 5% of company purchases
Solely positioned in the clothing sector with relatively wide range of
2) Managing external debt using sustainability indicators
External debt management involves balancing resource mobilization and deployment as well as orderly repayment of future obligations. For sustainable debt management, policy makers need to project accurate debt dynamics that are sensitive to the way the current account deficits are being financed. If borrowed resources are not used produ
51. Celler-Kefauver Antimerger Act : This act, passed in 1950, made it illegal in certain circumstances for a firm to merge with another by purchasing its assets. This strengthened the Clayton Act.
셀러-케파버 반합병법 : 1950년에 통과된 법령으로 특정한 상황에서 한 기업이 다른 기업의 자산을 구매하여 합병 하는 것을 불법으로 만들었다. 이것은
Macroeconomics is the study of the economy as a whole, and is concerned with aggregates.
거시경제학은 총체적인 것에 대해 관심을 가지며 경제 전체적으로 연구하는 것이다.
4. Economists often disagree, but they do agree on a large body of economic theory.
경제가들은 종종 동의하지 않는다. 그러나 그들은 경제 이론의 많은 수(부분)를 동
macroeconomic variables)의 국가간 상호 의존도(interdependence)가 확대되고 경제지표의 움직임이 시차(時差) 없이 전달되는 각국 경제의 동조화(同調化)현상이 나타나게 되었다.
1989년 이후 첨단기술주 열풍이 거세지면서 미국 나스닥지수의 향방이 세계 각국의 주가를 사실상 결정지우고 있다. 영국의 경제주
non-discretionary impacts
Discretionary fiscal stimulus
Asian Development Bank (2009a) also notes that a country's ability to withstand shocks depends on a set of variables that may either amplify or absorb them.
Countries with strong macroeconomic fundamentals would be better able to withstand or absorb shocks, and those with weak and narrower financial systems, less so.
Macroeconomics), 미시 경제학(Microeconomics)으로 분류하는데 이런 분류는 경제 주체를 누구로 보느냐에 따라 다르다. 미시 경제학은 경제 주체인 소비자, 기업의 ‘시장 활동’에 중심을 맞추어보는 학문이고, 거시경제학은 미시 경제학에서 다루지 않는 실업, 성장 등과 같은 국가 전체에 관한 경제적 연구에
비용.
average variable cost - Total variable costs divided by the number of units of output.
평균 가변비용 - 산출량 단위로 나눈 전체 가변 비용.
balanced budget multiplier - The multiplier that shows the change in national income when government expenditures and tax receipts both increase by the same amount. The value of the balanced budget multiplier is unity.
variables: (1)The type of business or business the firm is in (2)the degree of operating leverage in the firm, and (3)the firm’s financial leverage. It is difficult to get information on fixed and variable costs, so we tend to assume that the operating leverage of firms within a business are similar and use the same unlevered beta for every firm. We use bottom-up beta that reflects firm’s fin