Definition of ’Fiscal Policy’ Government spending policies that influence macroeconomic conditions. Through fiscal policy‚ regulators attempt to improve unemployment rates‚ control inflation‚ stabilize business cycles and influence interest rates in an effort to control the economy. Fiscal policy is largely based on the ideas of British economist John Maynard Keynes (1883–1946)‚ who believed governments could change economic performance by adjusting tax rates and government spending. http://www
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their unsustainable budget deficits‚ and that the floods of funds are running to the most economically successful European countries. It appears that a solution was found: in order to avoid “next” Great Depression in the European Union austerity policies should be implemented. To become again solvent and get funds these countries should first decrease their deficits and pay off the debts. Decreasing deficits refers to cutting on government spending or raising taxes‚ which is the core idea of austerity
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Unit 7 Social Policy LO1 Understand the significant historical and contemporary landmarks in social welfare provision 1.1 Outline significant historical and contemporary landmarks in social policy. Social policy is the study of social services and the welfare state. In general terms‚ it looks at the idea of social welfare‚ and its relationship to politics and society. More specifically‚ it also considers detailed issues in * policy and administration of social services‚ including
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THE EFFECT OF DIVIDEND POLICY ON THE MARKET PRICE OF SHARES IN NIGERIA: CASE STUDY OF FIFTEEN QUOTED COMPANIES By Dr. J. J. Adefila Department of Accountancy‚ University of Maiduguri‚ Dr. J. A. Oladipo and J.O Adeoti‚ Both of the Department of Business Administration‚ University of Ilorin ABSTRACT The issue of how much a company should pay its stockholders‚ as dividend is one that has been of concern to managers for a long time. The optimal dividend policy of a firm may be defined as the best
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Introduction Minerals Resource Rent Tax is a tax that will be placed on iron ore and coal projects starting July 1 2012. The introduction of MRRT will potentially have an effect on the accounting policy choices of mining companies affected by the tax. This paper will be split into two sections; a literature review and an analysis. The literature review will look at articles on the Minerals Resource Rent Tax and what it actually entails. Positive Accounting Theory in relation to bonus plans and
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A social policy is a plan or action of government agencies which aim to improve or reform society. • Sociologists are divided as to whether there should be a relationship between sociology and government social policy• 1. One group argues that sociology should be ‘applied’; it should be used to directly influence government to bring about reforms. 2. Another group argues that sociological insights should be used to radically change the political and economic system – they should not be used
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ENVIRONMENTAL ENGINEERING SAFETY POLICIES‚ RISK INVOLVED AND NON- COMPLIANCE TO SAFETY. BY ADENUGA OLAMIDE EMMANUEL MAPET HERITAGE CONSTRUCTION COMPANY. POLICIES It is company policy that accident prevention be a prime concern of all employees. This includes
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MATRIX RANKING OF THE POLICY ISSUES ON SOLID WASTE MANAGEMENT Main Policy Issues on Solid Waste Management | Sub-set of Issues | Target Beneficiaries | Major Players | Policy Content | The use of non-biodegradable plastic carry out bag and polystyrene foam at point of sale by retail / business establishments | Banning the use of film plastic bag | Costumers‚ commercial establishments‚ citizen | * Commercial establishments such as engaged in commerce or sale of goods or services‚ including
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Trade Policy * Introduction * Definition * Types * Arguments for Free trade * Arguments against Free trade * Arguments for Protectionism * Arguments against Protectionism * Free Trade versus Protectionism * Conclusion * Bibliography | | Introduction Trade policy is a collection of rules and regulations which pertain to trade. Every nation has some form of trade policy in place‚ with public officials formulating the policy which they think would be most appropriate
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The United States is a nation of immigrants whose citizens are battling with each other over immigration policy. Immigration is an active political topic today‚ and arguably one of the strongest topics in many elections over the past decades. Some want to close the borders and deport as many as possible‚ while others want to open the borders and give immigrants the same rights and benefits as citizens. As with most political topics though‚ there isn’t one clearly defined act that could solve the
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