Running the British Economy (RBE) Evaluation Report of the RBE Real Run that took place on October 14th, 2011 Year 5 Description of the current situation at Year 5 The situation of the economy at year 5, time at which we have undertaken the task to assume the running of the British Economy is best described below: - The economy’s potential output (Q) was at the level of £450bln with the Actual National Output (Y) reaching the level of £447bln, comprising of Consumer Expenditure (C) of £264bln
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Social and Economic development of The Bahamas The economy in The bahamas suffered drasticaly until certain recent events which impacted The bahamas economy greatly. Jobs were hard to find, poverty was on the increase and many were left hungry. Some of the events in bahamian history that impacted the bahamian social and economic development were the civil war,the blockade running, the prohibiton, wrecking, exporting of goods{fruit,vegetables,sponges,sisal,tobacco,shells},and the plaiting of
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October 1843) signed between the British and the Chinese were the first of the humiliating "unequal treaties". It radically increased the openings for trade in China and expanded the scope of British activities. The treaties opened five ports, Canton, Fuzhou, Xiamen, Linbou and Shanghai to conduct foreign trade as treaty ports. A war indemnity of 21 million Mexican dollars was to be paid by the Chinese government. Hong Kong was surrendered to the British, giving the British a base for further military
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Running the economy TMA 2 (Part 1, 5 questions – 1000 words) (Part 2, essay question – 1600 words) PART 2 Making use of the chart in Figure 1, and the two extracts below, and illustrating your arguments using the IS diagram, discuss some key advantages and disadvantages of using fiscal and monetary policy to tackle the situation facing the UK in spring 2013. Source: Bank of England (2013) Figure 1 UK base rate January 2000 to March 2013 Fall in manufacturing fans UK triple-dip
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How far do sources 1, 2 and 3 suggest that in the years 1945-59, the Conservative and Labour parties held radically different views on the nationalisation of British industry? (20 marks) Between the years of 1945 and 1959, there was much speculation as to whether or not there was a consensus or conflict between the Labour and Conservative parties in regards to their views on Nationalisation. Sources 1 and 3 completely disagree with each other. On the one hand, the first source is Clement Attlee
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Unit 2 Assignment 1 Task A 1. The aim is what an organisation is trying to achieve. The objective is the steps that are taken to achieve an aim. Examples of aims: * Increasing market share * Growth of profit * Survival 2. SMART objectives: * Specific: Clear objectives of what they want to achieve; * Measurable: The organisation has to measure whether they could achieve or not; * Achievable: the organisation sets up objectives so he could achieve it;
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of long-running grievances among the colony's black slaves. Political rivalry between Spain and Britain fostered revolts among British-colony captives. The rebellion highlighted the vulnerability of South Carolina to slave revolts In the years preceding the Stono rebellion, South Carolina’s plantation economy forced the British to import thousands of slaves directly from Congo into their colonies. The number of slaves exceeded that of their masters and was pivotal to the colony’s economy. The Spanish
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British Pound (GBP) Executive Summary A nation’s currency can be affected in many ways including economic, political, social and cultural events related to particular country. The exchange rate will move positively or negatively dependent on how adversely each of these factors cause change to the currency’s spot rate. Throughout our evaluation of the Great British Pound, we were able to track and measure how each of the factors caused change in the currency’s value. Over the past four months
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The first being the North was not able to accomplish a full blockade of the confederate states. Although, “ships were purchased by the Navy Department and re-rigged to carry out blockade duties,” there were still disadvantages that kept them from running effectively. They were not able to operate efficiently or effectively in shallow water near land because of their deep draft, and they were too slow and cumbersome to chase or catch the blockade-runners.
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of the American colonies to revolt. The Revolution didn’t happen in a day; it was the result of numerous events that gradually caused the colonists to be more and more indignant towards British rule. The French and Indian War-also called the Seven Years’ War-started in 1756 and ended in 1763. Even though the British were victorious, gaining a large amount of territory, their triumph increased trouble with the thirteen colonies. The war expenses were enormous, and so Great Britain endeavored to impose
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