Guatemala Quetzal Rugby Club Guatemala Quetzal Rugby Club The Guatemala Quetzal Rugby Club (also known as GQRC) is a rugby union team based in Guatemala City, Guatemala. The club competes in the Asociacion Guatemalteca de Rugby 15s tournament. The club uses both their location, Guatemala, Guatemala, and the Guatemalan national bird, the Quetzal, as club identifiers. The club in its beginning was represented mainly by players from Guatemala but also from The United States, Argentina, Japan, Mexico, England, Italy, France and Canada. As of today the club is represented by 95% Guatemalan players. The club used Maya numerals on the back of their jersey
Monetary policy of the Philippines low. Errors in CPI measurement could lead to ineffective and unsuitable monetary policy response by the BSP which definitely result to detrimental effects to the economy. Another issue arising from monetary policies is the liquidity trap. This happens when inflation rate declines too much leading to a threat of deflation. Liquidity trap is defined as a situation in which there are zero nominal interest rates, persistent deflation and deflation expectations. In the event this occurs, bonds and money earn the same real rate of return thus making people indifferent to holding bonds or excess money. Given high budget deficits, the