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Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". [1] Its concern is thus the interrelation of financial variables, such as share prices, interest rates and exchange rates, as opposed to those concerning ...
The National Economic Council [3] was created on January 25, 1993 by Executive Order 12835 by President Bill Clinton, officially to coordinate the economic policy-making process with respect to domestic and international economic issues; to coordinate economic policy advice to the president; to ensure that economic policy decisions and programs are consistent with the president's stated goals ...
On 12 April 2018, the police said that Rakesh Kumar, who leaked the class 12 economics paper, had leaked class 10 mathematics paper also. [40] Consequently, the Central Board of Secondary Education has put in place a system of "encrypted" question papers, which are supposed to be printed by the schools half an hour before the exam starts. [41]
Summers became a professor of economics at Harvard University in 1983. He left Harvard in 1991, working as the Chief Economist of the World Bank from 1991 to 1993. [ 6 ] [ 7 ] [ 1 ] In 1993, Summers was appointed Under Secretary for International Affairs of the United States Department of the Treasury under President Bill Clinton 's administration.
The K–10 system co-existed with the current K–12 curriculum from April 24, 2012, until K–10 was entirely phased out on June 5, 2017, upon the effectivity of K–12 in Grade 6. The last batch of the K–10 elementary and high school students have completed primary and secondary education at the end of School Years 2014–2015 and 2016 ...
A 12th grade visual arts class in Scott County, Virginia in the United States. Twelfth Grade (also known as 12th Grade, Grade 12, Senior Year, Standard 12, 12th Standard, 12th Class, or Grade of the 12th) is the twelfth and final year of formal or compulsory education. It is typically the final year of secondary school and K–12 in most parts ...
A respending multiplier had been proposed earlier by Hawtrey in a 1928 Treasury memorandum ("with imports as the only leakage"), but the idea was discarded in his own subsequent writings. [37] Soon afterwards the Australian economist Lyndhurst Giblin published a multiplier analysis in a 1930 lecture (again with imports as the only leakage). [38]
Joseph Eugene Stiglitz (/ ˈ s t ɪ ɡ l ɪ t s /; born February 9, 1943) is an American New Keynesian economist, [2] a public policy analyst, political activist, and a professor at Columbia University.