difficulty explaining high unemployment in the 1930s. They concluded that the wage was prevented from adjusting to its equilibrium level. 3. Structural unemployment. The unemployment due to structural changes in the organization‚ economy or environment is called structural unemployment. When workers lose their jobs due to the changing macroeconomic structure of the economy. Factory workers who lose their jobs due to automation are structurally unemployed. Structural unemployment is difficult to
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Vlad Gordeev To what extent is the UK a Liberal Democracy? [25] Liberal democracy is a political ideology and a form of government in which representative democracy operates under the principles of liberalism. The liberal aspect of the term is derived from the fact that elections as well as political processes are done freely and in a fair form. The democratic aspect of the term is derived from the idea of people power‚ the citizens having the right to choose representatives and participate in political
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within the UK has been limited (Farmer & Lutman‚ 2014). While the gap in research is beginning to narrow‚ there is a pressing need for research evidence on neglect to continue to improve‚ in order to improve practice around parental neglect (Farmer & Lutman‚ 2014). First and foremost an exploration of the current definition of neglect is required. On from the identification of a working definition‚ the following essay will endeavor to explore; the current picture of neglect within the UK; risk factors
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democratic is the UK? Democracy is a difficult concept to define‚ but as a simplification and a conventional definition‚ it is the people’s right to choose and the right to say how the country is run. Democracy falls into many categories and comes in various different forms. One form is when power is in the hands of the population as a whole and political decisions are made themselves‚ this is known as direct democracy. An example of a direct democracy currently present in the UK is a referendum
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2 2.1 The General Environment The General Environment 2.2 Scanning‚ Monitoring‚ and Forecasting Changes in the Environment Key Work Strategic decision making under conditions of uncertainty 2.3 Scenario Planning Key Work Strategic inflection points and their impact on strategy Tools and Techniques Undertaking scenario planning 2.4 PEST Analysis 2.5 SWOT Analysis 2.6 The General and the Competitive Environments Tools and Techniques Writing a PEST
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Write the quantity equation and explain it. Money x Velocity = Price x Transactions Money x Velocity = Price x Output This theory seeks to explain how money affects the economy‚ and is based on the fact that money is demanded as a medium of exchange. We can say that price level is a function of the quantity of money in circulation. The transaction version of the quantity theory states that the changes in money supply other things remaining the same‚ brings a directly proportionate change in the
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Socialization What is Socialization? Socialization encumbers teaching and learning of norms‚ values and beliefs of people from any place in society. They could be part of any religion and any type of education. Socialization is about emotions‚ morality‚ gender roles and gender messages from our families encrusted since birth‚ gender messages from the media and our friends. It is how we act‚ without evening realizing it‚ in the society we are raised in. Hence‚ depending on where one is raised makes
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Principles of Macroeconomics Assignment 2 Q1 Answer the questions below using the following information: All figures are in billions of dollars. Currency held outside banks $ 800 Demand Deposits 1000 Traveler’s Checks 100 Other checkable deposits 200 Savings accounts 300 Money market accounts 100 Other near monies 200 a. What is the value of M1? M1 = 800 + 1000 + 100 + 200 = $2100 billion. b. What is the value of M2? M2 = 2100 (M1) + 300 + 100 + 200 = $2700 billion. Q#2 Explain what
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Date: 14 January 2012 6:45pm From: sherissamoonie@yahoo.com To: Aagustin@touche.com Subject: Request for information on edible arrangements Please send me the following information about your different arrangements and packages. 1. Do the flowers come in only vertical and horizontal arrangements only? 2. What are the different packages the flowers are available in? 3. What different packages the fruits are available in? 4. Is there a variety
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Taxation: 2012/13 Lecture 1 - The framework of UK taxation Lecturer: Sara Closs-Stacey FCCA CTA Email contact: abs614@bangor.ac.uk Essential text “Taxation –policy and practice 2012/13” Lymer and Oats. ACCA Paper F6 Taxation complete text FA2012 Course text can be obtained from: www.taxstudent.com ; amazon university bookshop and Kaplan publishing website. Outline of lecture Discuss historical background of taxation Main features of UK tax today Collection systems‚ legal framework and
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