arrangement local governments established prior to the consolidation; it is important to understand the pro and cons of city-county consolidation as well as the motivations that influence the need for consolidated governments. Although metropolitan government can be achieved in a number of ways‚ reformers have traditionally sought to capture the benefits of regional governance through the consolidation of a county and one or more city governments (Feiock and Carr‚ 2000‚ p224). The major policy arguments
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’s Inflation and its effect on Supply Chain Industry (Retail) By Kamal Deep Introduction This white paper details out how inflation is affecting the Retail economy and its health. This paper also suggests what care needs to be taken by the Retailers for tackling inflation. Purpose of this Project For applying the Macro Economics class room learning’s practically Scope of
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i) Frictional Unemployment The function of labour market is to match available jobs with available workers. If all jobs and workers were the same‚ or if the set of jobs and workers were static and unchanging‚ this matching process would be quick and easy. But the real world is more complicated. In practice‚ both jobs and workers are highly heterogeneous (non-uniform). Jobs differ in their locations‚ in the skills they require‚ in the working conditions and hours‚ and in many other ways. Workers
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Unemployment Some occupation is necessary to enable man to satisfy his wants. Everywhere in this world there is a constant struggle for an occupation. Only deserving people win the struggle and get occupations. Those who are defeated suffer starvation and misery. In our country many persons are unemployed. Their number is very large. Unemployment problem is a great problem in our country. There are many causes of unemployment. The chief among them is the rapid growth of population. Chances of
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UNEMPLOYMENT AND ITS IMPACTS ON THE SOCIETY By: Sadaf Submitted to: Zaki Course Instructor
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This paper demonstrates and discusses the subject of high unemployment in UAE‚ also the reasons behind it from different resources. Further the solution and the recommendation Introduction United Arab Emirates is one of GCC members which suffer unemployment increase since the early country development time of the 70th of the past century. According to the (C.I.A The World Factbook‚ n.d.) the unemployment rate for the United Arab Emirates is 2.1%; with roughly 32.6% of Emirati
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Should governments reduce the use of foreign workers to overcome youth unemployment? Youth unemployment is the unemployment of young people aged between 15 to 24 years old. Based on a new report by the International Labour Organization‚ the worldwide youth unemployment rate has remained high‚ at 12.6 percent in 2011 and 12.7 percent in 2012. This indicates that globally‚ nearly 75 million of youngsters are unemployed. (Refer to Figure 1) The youth unemployment possibly be the biggest concern and
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Natural rate of unemployment The natural rate of unemployment (sometimes called the structural unemployment rate) is a concept of economic activity developed in particular by Milton Friedman and Edmund Phelps in the 1960s‚ both recipients of the Nobel prize in economics. In both cases‚ the development of the concept is cited as a main motivation behind the prize.[1][2] It represents the hypothetical unemployment rate consistent with aggregate production being at the "long-run" level. This level
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the causes of both unemployment and inflation. Explain policies available to the government to combat these two economic issues. Unemployment and inflation have many different causes and the levels of have had severe fluctuations over time. Unemployment and Inflation can be caused by many different things but normally they follow the business cycle with high inflation in times of boom and high unemployment in times of recession. The government can use two different policies to either expand or
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AD = C + I + G + X – M. C = Consumer Spending‚ I =Investment‚ G = Government spending‚ X= Export‚ M= Import. If there is a increment in investment‚ Government spending ‚ consumer spending or export‚ there will be economic growth. In the by Rich Karlgaard‚ there is a increment in investment ‚government spending and consumer spending which is what causes the growth. And to have such increment‚ it would depend heavily on the government. (Pettinger‚2011) Having economy growth would mean a better standard
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