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Yes, but its becomes a form of compensation for exchange of good and services making them employees. Weither direct or indirect, pecuniary or non-pecuniary. Very complicated. Contact a lawyer to check, because im not on.

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16y ago

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Who are the members of the monetary board of bangko sentral and what are their corresponding agencies or from what sector are they?

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) consists of seven members, including the BSP Governor, who serves as the chairperson. The other members typically include the Secretary of Finance, the Secretary of Budget and Management, and four members appointed by the President of the Philippines, representing various sectors such as banking, finance, and the economy. These members bring expertise from both government and private sectors, contributing to the board's decision-making on monetary policy and financial stability.


Who is the president of the IMF?

The current head of the International Monetary Fund is the Managing Director. Christine Lagarde is the Managing Director of the IMF. The International Monetary Fund was conceived in July 1944 originally with 45 members and came into existence in December 1945 when 29 countries signed the agreement, with a goal to stabilize exchange rates and assist the reconstruction of the world's international payment system.


What is the relationship between the MPs and the MPC, and how does it impact decision-making processes within the government?

The relationship between Members of Parliament (MPs) and the Monetary Policy Committee (MPC) is that MPs hold the government accountable for economic policies, while the MPC is responsible for setting monetary policy. This impacts decision-making processes within the government by ensuring that economic policies are scrutinized and implemented effectively to achieve economic stability and growth.


Raising the discount rate to members banks will in turn cause the member banks to raise interest rates to their own customers?

Prime Rate ---- the rate at which banks lend money to each other and the Federal Reserve lends money to banks


What is the FOMC?

The monetary policy-making body within the Federal Reserve is the Federal Open Market Committee (FOMC). Its voting members are the seven governors of the board of governors and five presidents of the regional banks. The FOMC meets eight times per year.

Related Questions

Who do Jesuit Volunteer Corps work for?

for whom do members of the Jesuit volunteer corp work?


Is it normal for a volunteer Fire Department to charge you 300 to put out a vehicle fire?

A volunteer fire department is normally supported by donations or as a line item in the municipal budget, so their services are available to anyone, regardless of ability to pay. On the other hand, firefighting can be expensive, so cost-recovery mechanisms are becoming more common, even for a volunteer department that does not pay its members anything for their services.


What incentives do the National Wildlife Federation look for in members?

a want to join.


Members of the civilian volunteer militia of massachussets were known as?

Minutemen


Mia is considering volunteering at a local library. In deciding which charity she should help out, she asks some people who are members of a volunteer group. In this situation, the members of the volunteer group are considered her?

Reference group ;)


People who become members of interest groups for solidary incentives are joining?

for a sense of belonging to the group


Where did Spain borrow its monetary system?

Spain did not "Borrow" it's monetary system. It adopted the Euro along with most other members of the EU.


Which section of the United Nations is responsible for promoting international economic cooperation by overseeing the financial status of members and monetary agreements?

International Monetary Fund


Why cant non members get ultra rare moshlings?

This amongst other things are incentives to become a member.


How do these volunteers fit into an organization's structure?

Volunteers typically work under a volunteer coordinator or within a specific department that oversees volunteer activities. They may have a designated supervisor or team leader responsible for assigning tasks and providing guidance. Volunteers often report to paid staff members who oversee their work and integrate them into the organization's overall structure.


Where is the European Monetary Fund located?

The European Monetary Cooperation Fund is a fund of the members of the European Exchange Rate Mechanism. However, it is a fund and therefore it has no location.


Who are the board members of the monetary and its positions as members?

the people who were members were ben dover, ivor hugh jass, teresa green and paul mycock. i hope this answered your question:)