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What are these datatypes, and how are they used Earlier chapters have shown datatypes to provide the ability to define the type of data that should be present within an instance document. Most of the primitive datatypes are numeric or date/time-related, with a few exceptions. The best way to understand this concept is to see it in action. See Listing 4.3, which utilizes several of these primitive datatypes. To help you understand the same, look at Figure 4.1.

explain its interest rate moves to Congress and the American public In the current environment, the Fed could say it is keeping its target interest rate close to zero because it is ghting a recession in which core price in ation is minimal When prices start to rise, as they inevitably will, the Fed could explain why it is raising interest rates in light of its in ation target Moreover, the Fed should move quickly because it is politically easier to adopt an in ation target when interest rates are low than when they are high Second, the Federal Reserve must take greater care to preserve its political independence so it can freely decide to ght in ation by raising interest rates, even if that decision is unpopular.

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@cast{"First witch", "Second witch", "Third witch" } = ("Gina", "Christine", "Leila" );

The Fed is an independent central bank that normally generates annual pro ts; it is not a political arm of the executive branch like the Treasury However, due to its involvement in the bailout program, the Federal Reserve has increased the size of its balance sheet from $850 billion in mid-2007 to over $2 trillion in mid-2009, and has decreased its holdings of US Treasuries from 90 percent to 30 percent of its portfolio44 Most problematically, it has guaranteed almost $400 billion in toxic assets against losses for Citigroup, Bank of America, and AIG (See 7) This radical shift in the size and quality of the Fed s holdings raises concerns about large losses in its portfolio, although so far the Fed has generally reaped gains from its higher risk assets In response to these concerns, the US.

A similar framework is the model of the rm in its environment in Figure 2.7. This diagram shows eight elements that exist in the rm s environment. The rm is connected to the elements by resource ows of personnel, materials, machines, money, data, and information. This model enables the developers to recognize all of the environmental elements and consider their relationships within the rm.

Treasury has agreed in the long term and as authorities permit [to] seek to remove from the Fed s balance sheet or to liquidate the toxic assets the Fed has acquired45 However, this is too vague an agreement without any de nite time commitment As Jeffrey Lacker, President of the Federal Reserve of Richmond, Virginia, has suggested, the Treasury should go further to stipulate that the emergency lending [of the Fed be] transferred to the books of the Treasury after a brief period of time has elapsed 46 Third, to increase the funds available for the bank bailout, the Treasury has been leaning on the Fed to make large loans to risky ventures At the request of the Treasury, for example, the Fed agreed to provide low-interest, nonrecourse nancing to public-private partnerships to purchase toxic assets (See 10.