Explain how the CPI is calculated (6) CPI is a measure that examines the weighted average of prices of a basket of consumer goods and services‚ such as transportation‚ food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. The basket of goods is a price survey that is taken from 10‚000 households across the UK. The households are asked to record what they buy for two weeks and from this the 699 most occurring goods
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Unit 201: Manage Own Performance in a business Environment Underpinning knowledge questions 1.1 Explain the systems and procedures and codes of practice relevant to your personal work role: 1.2 Why is it important to plan work and be accountable to others? It is important to plan your work and be accountable to others to enable you and your organisation progress. This helps to determine work objectives‚ It allows you to know what results are possible and what the best path to
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1. What are the pros and cons of banking regulations stipulated by the central bank? Comment on the statement that regulations imposed on banks should be based on a strategic regulatory framework so as to be disclosed‚ transparent‚ equitable and predictable. -Pros and cons of banking regulations stipulated by the central bank: Pros: Central bank is one of the organizations which is in charge of making and maintaining bank regulation. Regulation helps to protect the public against loss through
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P1 Central African Republic Manova - Gounda St Floris National Park SCI 230 Axia College Jeanette Konesko December 13‚ 2009 P2 Manovo-Gounda St.Floris National Park is a national park and UNESCO World Heritage Site located in the Central African Republic prefecture Bamingui-Bangoran‚ near the Chad border. It was inscribed to the list of World Heritage Sites in 1988 as a result of the diversity of life present within
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excerpt entitled “Idiot Nation”‚ Michael Moore details his frustration and anger at the sorry state of the United States education system and the role the US government has had to play in its downfall. So how does Moore characterize the politicians and pundits with regard to the state of the US education systems? Well‚ in a typical scathing rant he labels them as over privileged‚ ignorant idiots who have no business running the country. “An idiot leader of an idiot nation” (pg. 125 Moore 2002). This
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on the soldiers. Within this hospital‚ which should be the soldiers sanctuary‚ their haven we are shocked and moved by Barkers portrayal of events as we realise that the men are seen as unmanly and degenerate for being in hospital. Barker uses the central character of senior psychiatrist Rivers through his therapy with the patients to highlight their war experiences and the horrific effects of those on them. Craiglockhart‚ essentially‚ offers us a focus in the text. However it is not merely a set
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The League of Nations which was established after the First World War (1914-1918) failed to deliver the goods. It was wound up. After the Second World War the major nations of the world felt the need for a similar body to maintain peace in the world and the United Nations Organization came into being. The charter of the U.N.O. was signed on June 26‚ 1945 and it came into effect from October 24‚ 1945. The aims and objective of the U.N.O. are: 1. To maintain international peace and security‚ 2.
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Nationalisation of Banks Despite the provisions‚ control and regulations of Reserve Bank of India‚ banks in India except the State Bank of India or SBI‚ continued to be owned and operated by private persons. By the 1960s‚ the Indian banking industry had become an important tool to facilitate the development of the Indian economy. At the same time‚ it had emerged as a large employer‚ and a debate had ensued about the nationalization of the banking industry. Indira Gandhi‚ then Prime Minister of India
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output with higher interest rate. [pic] Expansionary monetary policy or Contractionary monetary policy. a) To maintain the same level of output‚ what monetary policy should BSP implement? ANSWER: EXPANSIONARY MONETARY POLICY (Increasing money supply lowers interest rate) b) To maintain the same level of interest rate‚ what monetary policy should BSP implement? ANSWER: CONTRACTIONARY MONETARY POLICY (Reducing money supply results to an increase in
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UNIT CODE – BSBMKG607B MANAGE MARKET RESEARCH Training Package BSB07 - Business Services Training Package National Course Number and Name BSB60507 Advanced Diploma of Marketing TAFE NSW Course Number and Name 17857 Advanced Diploma of Marketing Version 3.0 Campus Newcastle Year 2014 Semester Onwards Skill Set (if applicable): Unit Code BSBMKG607B Unit Name Manage Market Research Assessment Event‚ Method and Due Date Assessment Event 1‚2‚3 – Due 4 August 2014 Units
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