M1 – Explain in detail the responsibilities of the different levels of government in the UK The central government is responsible for the health and safety of people‚ they provide health and safety by maintaining and improving the quality of the environment. The government also has the power to make laws for the entire country‚ in contrast with local governments. However‚ the Prime Minister (David Cameron) is head of the UK government so he’s responsible for all of the policy and decisions he
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THE MACRO-ECONOMIC IMPLICATIONS OF MICRO-ECONOMIC MARKET FAILURES IN TELECOMMUNICATIONS – THE CASE OF SA. Nicola Theron ECONEX www.econex.co.za Department of Economics University of Stellenbosch nmb@sun.ac.za 1. INTRODUCTION This paper will examine the micro-economic market failures and the rationale for regulation in the South African telecommunications sector. The role of telecommunications in economic growth will be emphasized by analysing the effect that the micro-economic market failures
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The Viability of the EMU: The Fiscal Union Debate The current economic integration of states in the European Monetary Union (EMU) can be seen as a ‘compromise’. A monetary union has been formed‚ which implemented the same currency in the participating states‚ whilst still offering countries their own fiscal autonomy. The common currency ought to increase trade and prosperity‚ and fiscal autonomy is still in the hands of individual governments in order to preserve this fiscal form of sovereignty
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stores‚ and consumers turning to the internet. Major retailers are already adapting for example Tesco’s chief executive has admitted that the power of out-of-town hypermarkets is waning‚ and the internet is now dictating strategies. Online spend in the UK in 2011 grew 16% growth on 2010. “Click and collect” is up‚ as is “mobile shopping”‚ with around 15% of Google search queries now go through mobile devices. John Lewis is said to be “really going after the mobile online sale” by inviting customers
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The Labour government’s response to the economic crisis of 2008 was reckless and irresponsible. Discuss. The 1998 Comprehensive Spending Review boosted NHS spending by £21 billion 1999-2002 and Education by £19 billion despite a 1% cut in income tax announced in November 1997. Hague and Portillo described this as ‘‘reckless and irresponsible’‘ words that haunted them in the 2001 election. However in the aftermath of the most severe recession that many can remember‚ these same criticisms re-emerge
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of £5.6 million or less‚ total fixed and current assets on its balance sheet of £2.8 million or less and 50 employees or less. They account for two thirds of employment in western economies which makes them particularly influential in the current economic climate. Similarly Medium sized enterprises can be defined by having an annual turnover of £22.8 million or less‚ total fixed and current assets on its balance sheet £11.4 million or less and 250 employees or less. They are both normally categorized
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Implications of Prenatal Diagnosis for the Human Right to Life There have been a number of public heated debates on the implication of prenatal diagnosis for the human right to life. A number of researchers and scholars have provided various reasons as to why a genetic factor should be taken into account while making decisions regarding abortion and other related aspects. Although in the recent past people made decisions majorly on grounds of poverty‚ prevailing war and inadequate resources‚ genetic
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Practice 2-1 (Solution) Complete the matrix by entering either debit or credit in each cell: Items | Increases | Decreases | Assets | Debit | Credit | Liabilities | Credit | Debit | Owner’s Equity | Credit | Debit | Revenues | Credit | Debit | Expenses | Debit | Credit | Practice 2-2 (Solution) State whether the following have debit balances or credit balances: a.) Accounts Payable- Credit balance b.) Salary Expense- Debit balance c.) Notes Receivable- Debit balance d.) Mr
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DIZZY EMU SPRING FESTIVAL University spring festival reminds us that spring season is coming and people welcome this amazing change of climate with too many activates which give students/participants positive energy which make people more relax‚ comfortable and healthy. There are too many communities of students and their stands‚ music‚ dances‚ exhibitions of art‚ theatres‚ concerts and foods in the festival. Eventually these sorts of things are the sources which give people sense of joy as they
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Socio-Economic and Ethical Implications of Advertising – A Perceptual Study Dr. Raghbir Singh* Sandeep Vij** Abstract Depending upon the public opinion about the social‚ economic and ethical aspects of advertising‚ the marketers and the public policy makers should take different stances on how advertising should be treated. The study has analyzed in detail the public response to the issues like: ‘Targeting Children in Advertising’‚ ‘Use of Sex in Advertisements’‚ ‘Promotion of Materialism through
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