In 1997 the Bank of England was given independence over monetary policy in the UK. It was given the role of setting interest rates on a monthly basis for the purpose of achieving an inflation target of 2% (+/-1%) as measured by the CPI. The diagram above shows a short run aggregate supply curve and how an increase in interest rates may affect it. If the change is successful consumption‚ investment‚ and exports will decrease and imports will increase. This will result in the AD curve shifting
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Sacred art has a varying definition according to many different sources. Sacred art is defined by the Catholic Church as “true and beautiful when its form corresponds to its particular vocation: evoking and glorifying‚ in faith and adoration‚ the transcendent mystery of God”. Leonardo Da Vinci’s artworks are some of many pieces of art that are praised as ingenious around the world. Many of Leonardo’s works are recognized all over the world‚ his most famous painting being the ‘Mona Lisa’. Leonardo
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Caro-Joy Barendse BRNCAR017 POL1004F Assignment 3: Are there common themes that throw legitimacy into crisis? Draw on your readings to discuss the reasons for the revolutions in France‚ Russia and Iran. This essay identifies common themes that throw legitimacy into crisis through a comparison of the causes of the French‚ Russian and Iranian revolutions. As stipulated in the Social Contract‚ as explained by John Locke‚ society has the right to overthrow the authority through
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ECON101: Macroeconomic Essentials for Business Assessment 1 Tutorial 7: Section A---Question 2 2. The economy is in a recession and there is a large recessionary gap. How does the government close the recessionary gap? Explain with diagram. The main ways that government uses to adjust economy are fiscal policy and monetary policy‚ but if the economy is in a recession‚ no matter how low interest rates are‚ people cannot be forced to borrow if they do not have confidence in the economy. Therefore
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Analyze the strengths and weaknesses of faith as a basis for knowledge in religion and in one area of knowledge from the TOK diagram. It is said‚ “When you have come to the edge of all light that you know and are about to drop off into the darkness Of the unknown‚ Faith is knowing One of two things will happen: There will be something solid to stand on or You will be taught to fly.” For as long as man has been known to exist‚ there has been a development of belief systems formed to explain unknown
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The Built & Human Environment Review‚ Volume 3‚ Special Issue 1‚ 2010 Using Grounded Theory Methodology and Rich Picture Diagrams in analysing Value Creation in Houses of Culture Projects in Sweden Laurell Stenlund‚ K. Kristina.Laurell-Stenlund@ltu.se Luleå University of Technology‚ Luleå‚ Sweden Abstract What kind of value does a public building for cultural activities create for clients‚ construction professionals and users? One approach to understand the complexity of ongoing processes
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Syllabus topic: Cell structure Aim: To observe and draw transverse sections of parenchyma‚ collenchyma‚ sclerenchyma‚ xylem‚ phloem and epidermal cells using a light microscope. Apparatus and Materials: Light microscope; microscopic slide of dicotyledonous stem Method: 1. The light microscope was plugged into a power source‚ and switched on. 2. The coarse focus of the light microscope was adjusted with both hands to move the stage downwards. 3. The slide with the dicotyledonous stem
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Elasticity is a measure of responsiveness. It shows us how much something changes when there is another change in one of the other variables that determines it. There are three elasticities of demand that we consider‚ price elasticity of demand (PED)‚ income elasticity of demand (YED) and cross elasticity of demand (XED). An important aspect of a product’s demand curve is how much the quantity demanded changes when price is changed. The economic measure of this response in the price elasticity
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which was crucial to the definition‚ and resulted in the loss of the mark. (ii) A stream of -particles‚ -particles and -rays is subjected to an electric field as shown below. The path taken by the -rays has already been drawn. Sketch on the diagram‚ how the -particles and -particles are affected by the electric field‚ given that they are travelling at the same speed. Label your answers clearly. + -particles source -rays − -particles Comments: This question is only
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