Abdullah Sam

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Monetary duality

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Monetary duality. Situation in which two currencies coexist and legally share, to some extent, the functions of money in the national economy. That is, they are used as a means of payment, a measure of value (expression of the prices of goods and services that are marketed, debts and records of economic values) and as a means of hoarding (bank deposits … Read more

Commercial distribution

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Commercial Distribution is the management of a wide set of activities to take the product from the factory to the consumer. This course has an eminently practical approach and summarizes the main current knowledge to successfully manage distribution systems, stores and logistics. We try to answer the questions of How to bring the product to the customer? and How … Read more

Fiat money

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The money called fiduciary is the one that is based on the faith or trust of the community, that is, it is not backed by precious metals or anything that is not a promise to pay by the issuing entity. It is the monetary model that we currently operate in the world, and it is that of the United States dollar , the euro and all … Read more

Gantt Chart

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Gantt chart . Gantt chart or Gantt chart is a tool that allows the user to model the planning of the tasks necessary to carry out a project. Whose objective is to show the expected dedication time for different tasks or activities over a given total time. This tool was invented by Henry L. Gantt in 1917 . Summary [ hide ] 1 Features 1 Vertical axis … Read more

Refund of Undue Income

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Returns of Undue Revenue or in excess of what is due to the State Budget. It consists of offering a generalized vision on the main causes and the necessary procedures to be carried out by natural and legal persons, to make claims to the State Budget when they have contributed, for any reason, undue income or … Read more

Deflation

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Deflation , in economic terms, is the sustained and widespread fall in the prices of goods and services over a certain period of time (at least two semesters according to the IMF ). It is the opposite of inflation . Deflation can be caused by various reasons and can have more serious consequences than inflation. Summary [ hide ] 1 Causes of deflation 1 Insufficient demand … Read more