Category: Forex Trading
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Python Math Module math exp
As you can see, this NumPy array has the exact same values as the Python list in the previous section. To be clear, this is essentially identical to using a 1-dimensional NumPy array as an input. To calculate the power of a number using a loop, you start with a result variable set to 1.…
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Law of Diminishing Marginal Returns: Definition, Example, Use in Economics
Marginal cost in Panel (b) is the slope of the total cost curve in Panel (a). The production function relates the maximum amount of output that can be obtained from a given number of inputs. While it might seem like the law of diminishing returns only applies in business, the law is applicable in our…
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Utility Function Definition, Example, and Calculation
Value of money always changes, therefore, correct measurement is not possible. If I am ready to pay Rs. 1500 for a watch and Rs. 2,000 for a Radio. Then I can say that I derive utility from that watch up to the value of Rs. 1500; and from Radio up to the value of Rs.…
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Transcript: NPR’s Full Interview With Fed Chairman Jerome Powell : NPR
That will be something that, again, elected representatives have to take on over time. That comes under the heading of society’s overall reaction to climate change. During his time on the Fed’s board of governors, Powell often voted in-line with Yellen to steadily increase interest rates and to unwind assets from the central bank’s balance…
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Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Personally, Powell has a reputation for being amiable and likable without being too interesting. William Hoagland, his friend and former think-tank colleague, whether he could offer me any personal color on Powell, he told me that Powell would sometimes bike to work. In the course of my reporting, I have also learned that the Fed…