Stock Exchanges and Market Value
Stock exchange floors will soon be replaced by computerized trading. Trading is complex and involves risks. Stock exchange analysts gather data to
Matisse and Picasso Exchange Gifts
Matisse and Picasso often exchanged ambiguous gifts. A bizarre idol from the South Pacific, a gift to Picasso, raises all sorts of questions in the
Alveoli and Gas Exchange in the Lungs
Exchange of gases takes place in alveoli sacs in the lungs. Oxygen passes to the bloodstream and is delivered to cells; the waste product carbon
Alveoli and Exchange of Respiratory Gases
The bronchi separate into smaller bronchioles and into microscopic air sacs called alveoli. These are the site for exchange of respiratory gases
Government Spending and Flexible Exchange Rate
the flexible exchange rate.
Fiscal Policy and Flexible Exchange Rate
Canada's small role in the North American financial market limits its ability to sustain interest rates different from those in the U.S. An economist analyzes charts of the money market and goods market in relation to interest rates.
Supply-Side Effect of Exchange Rates
An attempt to create more jobs in the Canadian economy by devaluing currency may cause retaliation by other countries. Many countries work together to insure that competitive devaluations do not occur too often.
Monetary Policy and Fixed Exchange Rate
In a fixed exchange rate environment, competition precludes any lasting interest rate effect. Thus, the aggregate demand remains unaltered, and there