...United Kingdom is one of the best economies in the world It is the third-largest in Europe measured by nominal Gross Domestic Product(GDP) and sixth in the world. The British economy is made out of England, Scotland, Wales and Northern Ireland. For an economy the national output and national income are very important and we can calculate both of these by GDP, which refers to the market value of all finished goods and services produced within a country in a given period of time. We can calculate the GDP in three different ways defining the same total. They are the output, the income and the expenditure(GDP=C+I+G+(X-IM) approach.(add taxes and subtract subsidies to the first two methods though). There is an economic growth as we can see (see graph 1) from the GDP of the country through the past years. In March of 1973 there is the highest increase in the rate of economic growth as it reaches 5.3% and one year later, March of 1974, we can see a decrease of economic growth of a rate of 2.5%. There is also an enormous continuous increase of total GDP after 2002 till 2008, as we can see from the graph 2. After 2008 there is a decrease in GDP till 2010 due to world economic crisis however, there is an increase in 2011 and it reaches $2253 trillions. Graph 1 Graph 2 Potential GDP and the GDP gap Potential GDP is the amount of national output that would be produced if the economy was operating at its full employment level, where the actual GDP is the level of total output...
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...Oteino World War I After announcing that the United States would remain neutrality at the beginning of WWI, however it would be the actions of Germany that would cause President Wilson to ask congress for a declaration of war and on April 2, 1917, asking congress to send in troops to battle Germany. President Wilson, while addressing congress, stated that” lamented it is a fearful thing to lead this great peaceful person into war." Four days later congress would honor President Wilson’s request. In February and March of 1917, Germany was at war with Britain, France and Russia. Germany would increase submarine attacks on freight and merchant ships entering the Atlantic Ocean Killing innocent men and women, which included Americans. The German U-boats set upon around England preventing any supplies from entering in. Also, they would allow ships to disembark and then fire on them. Which was the case in the Lusitania the Germans fired on and sunk the ship, which contained over one hundred Americans on board. In addition, January 1917, Great Britain intercepted a telegram and decided it. The telegram was from Germany’s foreign Minster Arthur Zimmerman to the German Minster to Mexico Von Eckhardt and released it to the U.S. newspaper instead of giving it to the U.S. government. In this telegram, Germany is offering to help Mexico regain Texas and Arizona territory if they would become allies in WWI against the United States. They believed if Mexico would become allies...
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...they occur. For example, you would experience curative medicine when you go to the doctor for treatment for strep throat. If you have received a vaccine, you have experienced preventative medicine. 2. What is bioethics? What is one example of a controversy in this area? Bioethics is the study of ethical controversies in the areas of medicine and biology because of advancing technology. In today’s world, new technologies allow society to save premature babies, help those with genetic defects, and even bring people back to life, in some cases, after their hearts or breathing have stopped. 3. What is euthanasia? Why is this issue a controversy? One...
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...find any cash printed much earlier than the 1990s in circulation.” (Indiviglio) Money is always being created and destroyed, whether it is being physically printed or transferred electronically from the Federal Reserve. Let’s first talk about the history of the United States currency. The original currency of the United States was produced in 1690 and was able to be converted directly to gold or silver. Later, the Continental Congress of the United States chose the dollar over other suggested types of currency and this selection was formalized in the Coinage Act of 1792. The first dollar was issued on September 8, 1789. The United States banknotes are printed by the Bureau of Engraving and Printing, and the United States coins are produced by the United States Mint. This currency was guaranteed with gold and silver until 1861. In 1861, banknotes were introduced to help finance the Civil War and the first real dollar note was created by the Federal Reserve Act of 1913. “Since 1971, dollar notes have been the only form of money in the United States. With currency coins having no gold or silver backing, US dollars are to be backed by the “full faith and credit” of the US government.” (United States Dollar) One interesting fact is that the largest bill ever printed was worth $100,000. This bill was never circulated, but was used during transactions with the Federal Reserve Bank. It was printed between December 18, 1934 and January 9, 1935 and had a portrait of President...
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...INTRODUCTION According to Erskine May, "Parliamentary privilege is the sum of the peculiar rights enjoyed by each House collectively... and by members of each House individually, without which they could not discharge their functions, and which exceed those possessed by other bodies or individuals. Thus, privilege, though part of the law of the land, is to certain extent an exemption from the general law. Certain rights and immunities such as freedom from arrest or freedom of speech belong primarily to individual members of each House and exist because the House cannot perform its functions without unimpeded use of the services of its members. Other such rights and immunities such as the power to punish for contempt and the power to regulate its own constitution belong primarily to each House as a collective body, for the protection of its members and the vindication of its own authority and dignity. Fundamentally, however, it is only as a means to the effective discharge of the collective functions of the House that the individual privileges are enjoyed by members. "When any of these rights and immunities is disregarded or attacked, the offence is called a breach of privilege and is punishable under the law of Parliament. Each House also claims the right to punish as contempt actions which, while not breaches of any specific privilege, obstruct or impede it in the performance of its functions, or are offences against its authority or dignity, such as disobedience to its legitimate...
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...Alyssa Pimentel English 1301-232 Ms. Bullard October 20th 2013 Journal 2 – Tip Jar There are many dollars out there but none of them have the same serial number as me, That is why I am unique. Luckily I am not very old, only a couple years old. I have had plenty of homes in my short lifetime. I have almost been caught in a fire, I almost even drowned once. But the day I was finally taken out of the tip jar was the greatest adventure I have ever had. December 30th 1999, I was taken out of an old rusty can tip jar. As I was being stuffed into an envelope I screamed in excitement! “I’ll never have to smell this old bar again.” After being stuffed into the envelope I was thrown into a box, which was eventually tossed into the back of a plane. I thought, “This is going to be a great journey!” The air was hot and musty in the cargo I was flying in. I wished there were other dollars like me to talk to, but all there was were old hundred dollars bills and a couple of checks. The old hundred dollar bill seemed way to high class, hence he didn’t speak to me once, and dollar bills never dare speak to checks. So there I was, all alone in long, hot, boring plan ride. The sun was blazing when a ten year old took me out of his envelope. I lasted about twenty minutes in the hands of this child before I got completely drenched in ice cream. I was handed to an old man immediately after suffocating in ice cream. I was placed into a very old register, it smelt quite...
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...Our friends are dying to fight a losing battle that could have been us out there in the field this morning. In our count of soldiers in February I helped General Washington I noticed a four thousand decrease in our troops. There is also an increase in soldiers that are unable to fight (doc A). This reason is causing me to not re-enlist because I don’t want to fight a losing battle. I don’t want to fight a war where there is a strong chance I will lose my life and my family will lose me. You can lose your life your family can lose you! Look at the bodies that lie on the field do you want one of them to be you to die without your family! Our army is going fast and if General Washington doesn't stop it we will all...
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...Commercial Powers is described in several different sections that break out the functions and roles of law in business and society. This is enforced by Congress and many different acts have been passed that in addition to the constitution are the basis of the relationship between law, businesses and society. Mostly it is the basis for how business can or cannot be conducted. The foundation of Congressional powers in business fall under what is called enumerated powers. There are many enumerated powers in which are enforced in business. According to University of Phoenix The Legal Environment of Business: A Managerial Approach: Theory to Practice (2011), “The primary authorization of Constitutional powers is given to Congress under Article I. 2 Congress has enumerated powers in 18 different clauses. The powers that generally impact business owners and managers include (1) the power to regulate commerce ( Commerce Clause ); (2) taxing the citizenry and commercial entities and spending government funds (tax and spend provisions); (3) bankruptcy, patents, and copyrights; and (4) a more general implied authority to make all laws necessary for carrying out its enumerated powers (Necessary and Proper Clause ).” First this explains that Congress has an influence in businesses on how they produce, ship, sell etc. This is a power that comes from the Commerce Clause where Congress can regulate among several states. Congress is able to pass laws when interstate commerce is affected....
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...You are the CFO of a U.S. firm whose wholly owned subsidiary in Mexico manufactures component parts for your U.S. assembly operations. The subsidiary has been financed by bank borrowings in the United States. One of your analysts told you that the Mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. What actions, if any, should you take? Depreciation is a reduction in the value of an asset with the passage of time, due in particular to wear and tear. When the analysts predicted that peso would depreciate by 30 percent, it would mean that all the assets purchased in peso depreciate by 30 percent in their value correspondingly. If the peso depreciates by 30 percent as expected, relatively, the dollar value of the Mexican subsidiary would decrease as well. With the depreciation of peso, the demand for peso would increase and more consumers would start to buy goods in peso because the same amount of money paid to buy a good carries a lesser value. In contrast, the demand for goods in U.S dollar would decrease. This would result in the decreasing value of the company’s Mexican subsidiary in U.S dollars. With the expected depreciation in mind, the company would want to protect the company by collecting the foreign receivables before the depreciation takes place, so that it would not lose its value. Furthermore, by avoiding major peso-denominated costs until after devaluation, would likely cut down costs...
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...Business Cultural Analysis: United Arab Emirates XXXXXXXXXXXX Liberty University Abstract In order to be successful in international business, one must have a certain degree of understanding about the country in which one wishes to conduct business. The United Arab Emirates is a federation of seven emirates in the Gulf region that has a culture vastly different than that in the United States, yet a business atmosphere that is very open to foreign investors. This paper evaluates the elements and dimensions of culture that affect the business relationship between the United States and United Arab Emirates, the differences between the two nations, and the implications for doing business in the United Arab Emirates for businesses from the United States. Global Business Cultural Analysis: United Arab Emirates Conducting business internationally requires a certain understanding of cultures that may differ greatly from one’s own. Though the world is growing ever more interconnected through globalization, cultural differences still persist and must be recognized if one is to be successful in international business. From the perspective of a businessperson in the United States, the United Arab Emirates presents a unique opportunity to conduct business with a nation with great cultural differences, yet an increasingly open mind in relation to Western culture. While the United Arab Emirates appears at first glance to be highly westernized in its culture, one would be remiss in neglecting...
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...World War One was a massive global event that involved most of Europe, and near the end, the United States and many other American countries as well. It was the most catastrophic war the world had ever seen. The whole war started on June 28, 1914, when Gavrilo Princip, a twenty year old Serbian man, shot and killed Archduke Franz Ferdinand, the heir to the throne of Austria-Hungary (Yomtov 10). The Serbian man was a terrorist from an organization known as the Black Hand, a Serbian nationalist group that was dedicated to freedom from Austrian rule (Yomtov 10). Austria-Hungary blamed Serbia for the assassination, and Serbia refused to allow Austria-Hungary conduct an investigation into the assassination. Austria-Hungary, confident in the alliance...
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...In 1944 the United States was playing a large part in World War Two. In November of 1944 the United States started to bomb Japan. The U.S. used their new B-29 bombers during the attacks. There was one thing that interfered most with the United States bombing over Japan. That was a small island between the Mariana Islands where the U.S. was flying from, and Japan where the United States was bombing. The island that was interfering with the United State's attacks was Iwo Jima. Iwo Jima was playing more than one part in making it harder for U.S. bombers to get to Japan. The battle of Iwo Jima was a very hard fought battle for both sides. One thing Iwo Jima did was launch fighter planes to attack American bombers. As the B-29 bombers...
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...The early 1900s were a period of tremendous change. The country entered World War One, also known as the War to End All Wars, in July of 1914. After the First World War the United States economy prospered. The country began the time known as “The Roaring twenties”, a time of change for American society and culture coupled with a feverish economic growth rate at a pace not seen in the modern era! A relatively young country called The United States of America became a powerhouse. Meanwhile, in Europe Adolf Hitler became the leader of the Nazi Party. Benito Mussolini was elected Prime Minister of Italy, and he used his status as leader of the National Fascist Party to turn Italy into a Fascist country. The American economic boom ended with the...
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...Drinking Age to Eighteen Seventy six percent of seniors in the United States admitted to drinking before the end of their senior year in high school. The legal drinking age in all fifty states in the United States is twenty one years old. The legal drinking age did not always used to be twenty one. Up until nineteen eighty four the drinking age was eighteen (“The Debate on Lowering the Drinking Age”). Today, seventy four percent of Americans favor the drinking age being lowered to eighteen (“Drinking Age”). The drinking age should be lowered from twenty one to eighteen because at the age of eighteen one legally becomes an adult, it would reduce the amount of unsafe drinking activity, and statistics show countries with lower drinking age laws...
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... | |What is an amendment? | |A change (to the Constitution) | |An addition (to the Constitution) | |What do we call the first ten amendments to the Constitution? | |The Bill of Rights | |What is one right or freedom from the First Amendment?*...
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