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A recent report by the BBC shows that there is an increasing trend for exam papers to be remarked because of growing allegations of inefficiency in grading under WJEC. [5] [failed verification] WJEC has introduced a computerized assessment system for some subjects to improve the examination experience and increase efficiency of marking. [6]
The exchange rate disconnect puzzle: The exchange rate disconnect puzzle, also one of the so-called real exchange rate puzzles, concerns the weak short-term feedback link between exchange rates and the rest of the economy. In most economies, the exchange rate is the most important relative price, so it is surprising, and thus far unexplained ...
Laurence Laughlin versus Irving Fisher on the quantity theory of money, 1894 to 1913." Oxford Economic Papers; Dimand, Robert W. (2003). "Irving Fisher on the International Transmission of Booms and Depressions through Monetary Standards." Journal of Money, Credit & Banking. Vol: 35#1 pp 49+. online edition Archived 2010-04-20 at the Wayback ...
The coincidence of wants (often known as double coincidence of wants) [1] [2] [verification needed] is an economic phenomenon where two parties each hold an item that the other wants, so they exchange these items directly.
Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]
There are also prototype robot scientists, including robot-embodied ones like the two Robot Scientists, which show a form of "machine learning" not commonly associated with the term. [ 146 ] [ 147 ] Similarly, there is research and development of biological " wetware computers " that can learn (e.g. for use as biosensors ) and/or implantation ...
The paper was influenced by Turing's paper 'On Computable Numbers' from 1936 using similar two-state boolean 'neurons', but was the first to apply it to neuronal function. [60] One of the students inspired by Pitts and McCulloch was Marvin Minsky who was a 24-year-old graduate student at the time.
As a result, Roche-Dinkeloo was able to pre-purchase steel at that time, for the "unheard of" price of $485 per ton, even though the steel arrived before the money did from the UNDC. [15] Initially, One UN Plaza housed the hotel, the offices of the United Nations Development Program, the liaison offices for the International Monetary Fund, and ...