The steamship also known as a steamer is vessel that basically replaced the sails on the ship that used the wind to push the ship forward in the water. The steamer was made for trips to America but a problem was found out that the coal that the ship would carry would have to be massive for the ship to travel for the same amount of distance as a sail ship. The steamship was one of the spoils of the Industrial revolution. The first steamboat was built in America 1807 by Robert Fulton. steamers engines
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: [ 4 x 5 = 20 marks ] (ii) Anil and Mukesh are partners sharing profit and losses in the ratio of 3 : 2. Govind is admitted for ¼th share of firm. Thereafter Madan enters for 20 paisa in a rupee. Compute new profit sharing ratios under both the admission of partners. (iii) The following Goodwill Account was opened by the partners of R and S‚ on the admission of H as a new partner into firm Om and Sons. Calculate the share of profit agreed to be
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The Monetary and Fiscal Policies‚ although controlled by two different organizations‚ are the ways that our economy is kept under control. Fiscal Policy is defined as the use of government spending and revenue collection to influence the economy. Monetary policy however is the regulation of the money supply and interest rates by a central bank‚ such as the Federal Reserve Board in the U.S.‚ in order to control inflation and stabilize currency. Although these two policies are meant to help stabilize
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Fiscal policy is the process the government uses to determine the appropriate level of taxes and spending necessary to deal with recessions‚ inflation‚ and unemployment. This is accomplished by the government deliberately making changes " in either government spending or taxes to stimulate or slow down the economy" (Colander‚ 2004‚ p. 583). The methods used to accomplish such are identified as expansionary fiscal policy and contractionary fiscal policy. Expansionary fiscal policy can be used to bring
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Year-Round Schooling‚ Yay or Nay? Should public schools be scheduled to be opened all year round? Students would hopefully approve. Public schools should have a system where schools shall be open for a short while‚ and it shall gain extended normal weekends. Year-round schooling has many beneficial advantages to schools who don’t have this. To start off‚ “students would have a higher chance of remembering what they were taught” (Scherman). In addition‚ students will have a positive attitude
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The word democracy makes me depict a direct democracy‚ when thinking of a direct democracy I vividly envision an enormous mass of people‚ all expressing their opinions and beliefs without worries. A direct democracy is where members of the community vote on all issues‚ rather than a group of officials voting in their place. The assembly of people listening have diverse ethnic backgrounds‚ religion‚ social class‚ and occupation‚ all of these people are crowding around a tiny wooden podium in the center
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Essay Economy‚ Society and the Built Environment ‘Governments use fiscal policy to help them to achieve their macroeconomic objectives’ Explain what is meant by this statement and discuss specific fiscal measures that the UK government has implemented in recent years to influence economic activity in the built environment. Definitions: FISCAL POLICY: “A combination of government spending and taxation used to achieve macroeconomic management. (The flow of government money in and out of
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fiscal and monetary policy - comparison Introduction Fiscal policy should not be seen is isolation from monetary policy. For most of the last thirty years‚ the operation of fiscal and monetary policy was in the hands of just one person – the Chancellor of the Exchequer. However the degree of coordination the two policies often left a lot to be desired. Even though the BoE has operational independence that allows it to set interest rates‚ the decisions of the Monetary Policy Committee are
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Unemployed individuals The American budget deficit is a deterrent for employment and economic growth. According to the Bureau of Labor Statistics (2014)‚ the unemployment rate is at 5.8% as of November 2014.Nonfarm payroll employment increased by 321‚000 in November. Moreover‚ the unemployment rate was unmoved at 5.8 %. Gains of new jobs were widespread‚ which was led by growth in business services‚ retail‚ health care etc. The number of unemployed persons had little change at 9.1 million dollars
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Voiding dysfunction is a general term‚ used to describe circumstances where there is poor coordination between the bladder muscle and the urethra. This will result in incomplete relaxation of the pelvic floor muscles during voiding. Voiding dysfunction can manifest many symptoms‚ which include difficulty in emptying the bladder‚ slow‚ or weak urine stream‚ urinary urgency‚ urinary frequency or dribbling of urine‚ Voiding dysfunction is often described by symptoms such as frequency (urinating more
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