The article discusses financial performance for corporations in the manufacturing industry. A sampling of 816 firms across four industries and in five developed countries during 1966-72 have comparative studies conducted on them looking at the financial performance variables of growth, profitability, and risk as determinants of corporate debt ratios.
DEMAND for money, MONEY supply, INTEREST rates, MONEY market, INCOME, DEVELOPED countries
Abstract
The article focuses on the demand for money in industrial countries. It states that the amount of money demanded can be estimated as a negative function of price and a positive function of constraint. It mentions that the demand for money is inversely related to interest rates and has a direct universal relation to income. It states that income is an important part of money demand in industrial nations, while income elasticities was inversely related to money market state of development. It mentions that interest rates had an inverse relationship with demand for money in the industrialized nations.
EMOTIONS, DEVELOPED countries, DEVELOPING countries, CULTURE
Abstract
An abstract of the article "Culture and the Differentiation of Emotional States," by J. P. Leff is presented. The paper discussed the level of experience at which emotional states are differentiated. An outline of the linguistic origins of the words which are used for unpleasant emotions were also discussed. It offers information that developed countries showed greater differentiation of emotional states than in developing countries.
Published
1973
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