Answer:
fostering international monetary and global financial stability and maintenance of gold reserves
Explanation:
The BIS serves as a bank for member central banks, and its role is to foster international monetary and financial stability. The Central Bank creates money to buy government securities from the market in order to lower interest rates and increase the money supply.
The BIS competes directly with other private financial institutions for global banking activities. However, it does not hold current accounts for individuals or governments. ... To compete with private financial institutions, the BIS offers a top return on funds invested by central banks.
The BIS has developed a range of banking services specifically designed to assist central banks and monetary authorities in the management of their foreign exchange and gold reserves. It also acts as a banker to, and manages funds for, international financial institutions.
Answer:
Religion declines with economic development. In a previous post that rattled around the Internet, I presented a scholarly explanation for this pattern: people who feel secure in this world have less interest in another one.
The basic idea is that wealth allows people to feel more secure in the sense that they are confident of having their basic needs met and expect to lead a long healthy life. In such environments, there is less of a market for religion, the primary function of which is to help people cope with stress and uncertainty.
Some readers of the previous post pointed out that the U.S. is something of an anomaly because this is a wealthy country in which religion prospers. Perhaps taking the view that one swallow makes a summer, the commentators concluded that the survival of religion here invalidates the security hypothesis. I do not agree.
Explanation:
The first point to make is that the connection between affluence and the decline of religious belief is as well-established as any such finding in the social sciences. In research of this kind, the preferred analysis strategy is some sort of line-fitting exercise. No researcher ever expects every case to fit exactly on the line, and if they did, something would be seriously wrong.
The federal minimum wage<span> provisions are contained in the Fair Labor Standards Act (FLSA). The federal </span>minimum wage<span> is $7.25 per hour effective July 24, 2009. Many states also have </span>minimum wage<span> laws. Some state laws provide greater employee protections; employers must comply with both.</span>
Answer:
Step 1: Questioning --- Before going on the Internet, students should structure their questions. Step 2: Planning --- Students should develop a search strategy with a list of sites to investigate. Step 3: Gathering --- Students use the Web to collect and gather information.
