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A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Specifically the pronunciamiento is the formal declaration deposing the previous government and justifying the installation of the new government by the golpe de estado. One author distinguishes a coup, in which a military or political faction takes power for itself, from a pronunciamiento , in which the military deposes the existing government ...
Revenue management is a discipline to maximize profit by optimizing rate (ADR) and occupancy (Occ). In its day to day application the maximization of RevPAR (Revenue per Available Room) is paramount.
Functional – power to exercise local self government in a broad or limited manner, Fiscal – authority to determine revenue sources, set tax rates, borrow funds and other related financial activities, Personnel – authority to set employment rules, remuneration rates, employment conditions and collective bargaining.
Prime rates in the US, FRG and the European Union. A prime rate or prime lending rate is an interest rate used by banks, usually the interest rate at which banks lend to customers with good credit. Some variable interest rates may be expressed as a percentage above or below prime rate. [1]: 8
A modern award (or award previously known as an "industrial award") is a ruling in Australian labour law of the national Fair Work Commission (or its predecessor) or by a state industrial relations commission which grants all wage earners in one industry or occupation the same minimum pay rates and conditions of employment such as leave entitlements, overtime and shift work, as well as other ...
Expansionary monetary policy lowers interest rates, increasing economic activity, whereas contractionary monetary policy raises interest rates. In the case of a fixed exchange rate system, interest rate decisions together with direct intervention by central banks on exchange rate dynamics are major tools to control the exchange rate. [42]
The Poor Relief Act 1601 consolidated earlier poor relief legislation and introduced a system of rating property. [1] The introduction of the poor rate required the authorities, known as a vestry, in each parish to meet once a year to set the poor rate and to appoint an overseer of the poor to collect the rate.
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