...Merit: P4 Explain how both fiscal and monetary policy decisions have affected a selected business M2 Analyse the effects of fiscal and monetary policies for a selected business in terms of the market it operates in D2 Suggest and justify elements of fiscal and monetary policies that would help a selected business achieve its objectives. P4 M2 D2 Explain how both fiscal and monetary policy what it is? And decisions have affected my business Use news stories from the BBC website to gain merit. Merit: Explain how both fiscal and monetary policy what it is? And decisions have affected my business Use news stories from the BBC website to gain merit. Fiscal Policy: Impact of the government spending and taxation on the UK economy. 1) Welfare 2) Health 3) Education 4) Defence - Army 5) Infrastructure Government taxation, how money is raised. 1) Income tax 2) National Insurance 3) VAT - Products 4) Corporation Tax Monetary Policy Impact of interest rates and the money supply on the economy Bank of England decided on interest rates not the government. Current interest rates is 0.5% for 5 years High Low Savings Up Down Loans Down Up Mortgage Up Down Spending Down Up UK Economy Down Up D2 – Suggest and Justify – Monetary and Fiscal Policy decisions that would help your business. Add news stories, concepts, international economy news or any other evidence to support the objectives of your business: Identify your business objectives Vat decrease...
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...Stewart 1 Christy Stewart English 102 B18 Fiction Essay The short story has been an intricate part of literature going back as far as it’s actual “writing down” was invented. Perhaps two of the most intriguing and somewhat tragic short stories is that of D.H. Lawrence’s, “The Rocking-Horse Winner” and Shirley Jackson’s, “The Lottery”. With the classic theme of “luck” and what that means in each story, we see two very different meanings as these two stories unfold. In “The Rocking-Horse Winner”, we see the protagonist, Paul, who endlessly searches and somewhat attains luck in his search for his mother’s monetary desire. Within the lines of “The Lottery”, however, we see a quaint satirical setting of towns’ folk who gather together and draw papers from a black box to ultimately decide who is to be terminated as a sacrifice for all. Although from two very different authors it is very evident to see some similarities and differences that coincide within the two stories. “The Lottery” and “The Rocking-Horse Winner” are similar in plot and theme through their use of the scape goat synopsis as each story ends with sacrifice, but differ in characterization with the use of serious characters versus satirical ones. Plot and theme play a very important role in the similarities of “The Lottery” and “The Rocking-Horse Winner”. The scape goats, or ones who suffer for the good of all, in the stories are that of the characters of Paul (“The Rocking-Horse Winner) and Mrs. Hutchinson...
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...com/blogs/freeexchange/2013/09/generations INFLATION, like demand itself, is always and everywhere a monetary phenomenon. Milton Friedman was right about that. But while that's a useful thing to know it's not always the answer to the question we're really asking about macroeconomic troubles. If you ask what America's main macroeconomic problem is at the moment, one correct answer is that it's suffering from a demand shortfall associated with inadequately expansionary monetary policy. But that doesn't really tell you what you need to know, which is why monetary policy is insufficiently expansionary. Is it an intellectual failure? An institutional or technical problem? In the same way, saying the Great Inflation of the 1970s was a monetary phenomonenon is true and important but also unsatisfying to some extent. The really interesting question is why monetary policy permitted the inflation. There is surely some truth to the standard explanations. Some reckon the trouble was due to a Keynesians wandering into an intellectual cul-de-sac, in which there was always and everywhere a trade-off between inflation and unemployment. The Great Inflation was therefore a result of efforts to pump up demand and bring down unemployment even as the economy approached its resource limits. Once the inflation was in place Keynesians argued it was down to "cost push" factors like rising labour costs, such that monetary policy couldn't rein inflation in and needn't try. Others point to political dynamics, in...
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...Complexities of the U.S. Financial System Dr. Marcus Crawford Strayer University, School of Business Complexities of the U.S. Financial System How Do U.S. Financial Markets Impact Individuals? The effects of a collapsing market can effect individuals in several ways. One of those ways is savings. As a result of a declining economy, money becomes more precious, as commodities take precedence over luxuries. College funds, for example, is one of these luxuries. The need to pay for everyday expenditures, such as food, and utility bills, can outweigh the need to save for a child’s college education. As a result, not only may the deposits come to a halt, but withdrawals, may become a common occurrence as well. Individuals may also stop saving for retirement in this same manner, as well. How Does the U.S. Financial Market Impact Businesses? When the market crashes, businesses usually feel its effects immediately. As stated earlier, luxuries, such as dining out, for example, become non-existent, and sales start to decline. Since most businesses have their assets tied into mixed equities, these assets, can be dissolved, quite rapidly. Business begin pulling back on employee benefits, to include health care, dental plans, and matching retirement. To also make up for these losses, companies in cut other expenditures, such as payroll. Usually employees are laid off, to compensate these deficits. How Does the U.S. Financial Market Impact the Economy? With the market...
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...economy rice or nasi padang. All this added up to an astounding record of 796,000 tonnes - the weight of about 1,420 fully loaded Airbus A-380s - of food waste, according to National Environment Agency statistics released this month. This marks a steep 13.2 per cent rise from the 703,200 tonnes dumped in 2012, and is the sharpest spike in at least six years. Before last year, food waste had typically gone up between 1.6 and 6.7 per cent year on year since 2007. "It's an extremely steep rise and it's rather disturbing that there is a distinct lack of awareness and nonchalance to food security issues," said Singapore Environment Council chief executive Jose Raymond yesterday. - See more at: http://www.straitstimes.com/breaking-news/singapore/story/more-food-going-waste-20140319-0#sthash.CRyz0dZB.dpuf http://www.nccs.gov.sg/climatechallenge/issue05/ask-dr-green.html http://www.savefoodcutwaste.com/2012/11/05/new-campaign-to-reduce-food-waste-in-singapore/ Question – Outline Your report should make use of appropriate frameworks and mechanisms from the module and include the following: An analysis of the social issue (600 words) A critical evaluation of a current, contemporary intervention designed to address the social issues (900 words) An appraisal of the outcomes of the chosen intervention (300 words) A proposed new intervention plan to continue and consolidate the efforts to address the social issue (1,500 words) – marketing plans C10 – product, price, place...
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...What is money? What are the uses of money? How do commercial banks and Federal banks create money? Is monetary policy conducted independently in the United States? Explain your answer. Is it important for monetary policy to remain independent from all parties? Why or why not? Money “is a financial asset that makes the real economy function smoothly by serving as a medium of exchange, a unit of account, and a store of wealth” (cite p.313) So, in my perspective money is what creates this economy to function. A person must work to make money to purchases products or services. In addition, a business sells products and services to people in which money is a rotating cycle. Wow, interesting story on how banks create money. Personally, I am behind in so much and that is the main reason I continue school. Maybe I should watch more movies. Anyways, back to the question banks create money by issuing loans. Because people open up bank accounts and deposit money that is not being withdrawn daily allows banks to make money off of interest. In addition, it is profit for the banks to continue this as shop smiths once did. Interesting! Base on the chapter readings; yes, "Unlike fiscal policy, which is controlled by the government directly, monetary policy is controlled by the U.S. central bank, The Federal Reserve Bank (the fed)" (Colander, 2010, p.339). So, I do believe the monetary policy should remain independent from parties because with too many people it may get difficult to...
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...“The Lottery” and “The rocking Horse Winner” This paper will compare and contrast two fictional short stories. They have differences that are extreme and similarities that are obvious. I will compare and contrast “The Lottery” by Shirley Jackson “The Rocking Horse Winner” by D.H. Lawrence. Both stories had the reader in great suspense and irony is very intriguing. The similarities that take place in the setting for ‘The Lottery” and “The Rocking Horse Winner appear to be credible. “The Lottery” is held in a village where all the citizens are present. It is summer, the flowers are blooming and the children are playing, The fathers are gathered together talking about crops and harvest with their wives close by their side. In “The Rocking Horse Winner” the mother is married into money that soon diminished. There is never enough money to satisfy the debt in the household. Surely these things are possible. Her son Paul longed to have her love at any cost. Once his mother told him his father wasn’t lucky, he set out on a quest to win her love through luck. The lack of love, affection and attention can happen in a household stressed by debt. The symbol used in both stories is a human sacrifice. In “The Lottery” the entire town desires to sacrifice a human life in hopes to be blessed with an abundance of crops. In “The Rocking Horse Winner” sacrifice is the sons own life. His needed to gain his mother’s love through luck. He rides his rocking horse daily in hopes to acquire...
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...ways because everyone is different,one person can not decide what makes something treasure to another person. Treasure to some people happens to have sentimental value not only monetary value. Yet for those people something becomes treasure when they can value it and not just see the money they could get by getting rid of it. An object becomes treasure when it has sentimental value to a person not necessarily monetary value, having an object that only has monetary value makes the object valuable not something that could be considered treasure....
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...Organizing Reaction Paper Shelia M. Reed MGT/330 June 6, 2012 Karen Abron The Organizing function follows the planning process and brings the organization’s resources together (Bates & Snell, 2009). These resources include such things as Physical Assets, Monetary Assets, Human Resources, Knowledge, and Technology (Bates & Snell, 2009). Managers have the responsibility of pinpointing resources and activities essential to the organization accomplishing its goals. These resources and actions must be acknowledged, arranged, and appointed to the proper department. Department heads will make sure that their supervisors and employees are prepared to carry out the department’s individual mission. Once these resources and actions are recognized and brought together the organization is well on its way to accomplishing its mission. The organization discussed in this paper will concentrate on two of the five resources mentioned Physical and Monetary Assets. Physical Assets Tire Plus Total Car Care is an automotive business that specializes not only in tires but also the entire car. They were founded in 1972, in Clearwater, Florida. The company’s philosophy is, “We won’t sell you tires, we help you buy them,” you can be confident tires and services will never be recommended if they are not needed (Tire Plus, 2012). Their no non-sense and trustworthy method is the foundation of the company’s success and has been the principle...
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...The Federal Reserve Bank As the United States moves towards a globally interdependent marketplace, the global monetary stakes have become much higher. The United States Congress established the Federal Reserve in the early 1900’s. A country’s debt can now become the world’s debt, and the role of the U.S. federal banking system is now considerably more under pressure and scrutiny than ever before. As we have been seeing with the current liquidity crisis in the U.S., and how it has affected U.K. and Asian markets, strong, comprehensive policy-making is now crucial to sustaining long-term economic viability. The American economy is a complex balance of services, financial, manufacturing, agricultural, and banking industries. For this reason, the U.S. is a global economy, relying upon foreign investments and trade to create and retain wealth. Over the years, America has evolved from farming-based, to industrial, to a services-based economy. As a result, the banking system from its inception has weathered the many growing pains associated with a new government and currency, instituting regulations and a centralized bank to examine the economy, and implementing policies intended to offset factors negatively affecting the general financial health of the country. Despite the growing need for quick, precise actions by the Federal Reserve System, the decision-making regarding the economy is often met with controversy. The recent bail out plan, passed by Congress...
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...Barcelona, and London were full of Europeans on their (unimaginably long) holidays, acting with apparent disregard for the dire predictions in the press of a European Union (EU) on the verge of bankruptcy and dissolution. Meanwhile, financial markets backed off from their attacks on the PIGS (Portugal, Ireland, Greece, and Spain) while those porcine countries moved forward with significant reforms, slashing their deficit and debt levels. German growth in the last quarter has driven eurozone growth to above U.S. levels, giving pause to euroskeptics and glee to euroboosters on both sides of the Atlantic. And yet the EU is far from out of the woods. The past two years of global economic upheaval have sorely tested the EU’s Economic and Monetary Union (EMU) and its crowning achievement, the euro. At base, the problem is simple: the EU is an outlier in political and economic history, and markets do not know what to expect from its unique combination of a single currency and separate nation- states. The eurozone crisis reveals the challenges of the EU’s sui generis political status—no longer a mere collection of nation-states, yet not a fully fledged federal entity. What, then, should we expect for the future of European integration? What does the stillunfolding eurozone crisis mean for the larger geopolitical position of the EU? Absent a crystal ball, any response is necessarily hazy and conjectural. Nevertheless, it is possible to sketch out some significant milestones...
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...make the other person happy. In the end they ended up with something so much for valuable than a gift: true love, which is priceless. “The Gift of Magi” by O.Henry, the theme of this love story illustrates how much you will sacrifice for the one you love. The plot begins with Della, the main character, literally counting her pennies. She has been saving all of her money hoping to have enough by Christmas to buy her husband a nice present. On Christmas Eve Della finds that she still has hardly any money saved and certainly not enough for the nice present she would like to buy her husband. You can sense the desperation that Della feels as she counts her money numerous times just to make sure she did not miscount it. The tone of the story up to this point has been somber. You actually feel bad for Della that she has saved her money all this time but still does not have much to buy her husband a gift. We see Della’s mood change from somber to desperate as she realizes that in order to earn money she is going to have to do something drastic. We learn early on in the story that Della, and her husband Jim, have two prize possessions. “One was Jim’s gold watch that had been his father’s and his grandfather’s. The other was Della’s hair.” (Clugston, 2010 p.22) We learn later on in the story how much these two items symbolize the love that they have for each other. Della’s hair is not only beautiful to everyone around her but it is valuable due to its beauty and length. At...
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...The Happiest Days of Your Life by Penelope Lively Still a boy, your whole life in front of you, and your parents have already figured out the rest of your childhood. Your parents are blind, blinded of the successful monetary people, and their dream of having the same amount of money and life. You are a boy without courage and an option to stand up for yourself, and instead become involved in a life embossed of hierarchy. The main characters in the novel are the boy Charles, Mr and Mrs Manders. The way Penelope describes the boy’s behaviour, and the way he shows his lack of interest, makes me feel that he is a very shy, insecure and a low self-confidence boy. A boy afraid of the unknown and new. In the story the boy is very quiet. We noticed it, when Charles was in the back seat of the car. He doesn’t eat his chocolate or read his comics (p. 61, l. 1-2 “The boy sat on the back of the seat of the car, a box of chocolates, unopened, beside him, and a comic, folded”). I think it’s a sign of Charles being insecure and afraid. He knows this new school isn’t something for him. He knows that he is low in the hierarchy. But he can’t say no, he won’t disappoint his parents, especially his mom. His mom is giving him no choice to choose his own way, to take responsibility for him self, and his own actions. Charles mom has since he was a little boy held him close to her self, which might have made him introvert. She hasn’t given him a chance to flourish like a real boy. It’s unknown...
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...working fearlessly to make everything he had wished for come true.The courage that Disney developed along the way gave him the adrenaline to race after his dreams so that they could become his reality. Making him the successful and legendary man that he was. The conviction that anybody, paying little mind to where they were conceived or what class they were naturally introduced to, can achieve their own particular form of accomplishment in a general public where upward portability is workable for everybody. The American dream is accomplished through penance, danger taking and diligent work, not by shot. Both local conceived Americans and American migrants seek after and can accomplish the American dream. As opposed to other political and monetary frameworks, for example, socialist tyrannies, America's free-undertaking framework makes conceivable the circumstances that permit people to go...
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...Economics Project Topic: Inflation Targeting and Interest Rules Section - D Group – 3 Members: Shankho Bag (PGP/19/225) Soham Dutta (PGP/19/230) Sohom Karmakar (PGP/19/231) Sumanraj E (PGP/19/232) Sumeet Mahapatra (PGP/19/233) Abstract:In the recent past India has been grappling with high inflation and inflation stands highest amongst all the G-20 nations. Faced with a twin effect of declining growth which created an environment of “stagflation”, India needed to re-work its entire monetary policy framework. The monetary policy of our country was focused on targeting Multiple Indices like GDP Growth Rate, IIP, WPI Inflation which resulted on low accountability, lack of proper direction and ultimately inflation spirally out of control. To give a new direction and change the discourse of monetary policy, it was obvious some serious reforms were needed. In this report, we take a look at the ground breaking shift in monetary policy when India officially adopted as “Inflation Targeting” as the primary role of its Central Bank (The RBI) and we take a holistic view of the situation. Introduction:The Indian economy during the period 2012, 2013 was at crossroads. With manifold problems surrounding it, the economy needed a major boost and course correction to go towards the path of sustainable growth. The Indian economy was faced with stagflation – the double edged sword of persistently high inflation combined with fall/stagnation of economic...
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