Soil is one of the main elements in the environment‚ it covers most of the dry part of the Earth’s crust‚ and the content of the materials‚ including salts‚ it is very important for the green vegetation cover on earth. On the other hand soil is one of the main components of construction‚ study of soil in the workplace is one of the first steps in the beginning of the project‚ and the lack of knowledge of soil characteristics and types and how to deal with it may lead to the failure of projects in
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THE LIMITS TO STABILIZATION POLICY A stabilization policy is an action taken to move the economy closer to full employment or potential output. Both expansionary and contractionary policies are examples of stabilization policies‚ actions to move the economy closer to full employment or potential output. It is very difficult to implement stabilization policies for two big reasons. First‚ there are lags‚ or delays‚ in stabilization policy. Lags arise because decision makers are often slow to recognize
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The Effectiveness of Fiscal Policy as Stabilization Policy Alan J. Auerbach University of California‚ Berkeley July 2005 This paper was presented at the Bank of Korea International Conference‚ The Effectiveness of Stabilization Policies‚ Seoul‚ May 2005. I am grateful to my discussants‚ Takatoshi Ito and Chung Mo Koo‚ and other conference participants for comments on an earlier draft. I. Introduction Perspectives among economists on the usefulness of fiscal policy as a device for macroeconomic
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FISCAL POLICY AS AN ECONOMIC STABILIZATION MEASURE Fiscal Policy refers to the various decisions undertaken by the government regarding public expenditures and revenue. There are a large number of sub-policies that are encompassed by the fiscal system. But all the policies can be broadly categorized as being either ‘Public Expenditure’ or ‘Public Revenue’. It can be said that the fiscal policy is a direct government intervention in the economic processes of an economy. The fiscal policy
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countries have witnessed chronic inflation‚ a period of persistent hyperinflation that could last for years. Several attempts to reduce inflation were sought and a nominal anchor was used namely‚ the exchange rate. Such stabilization programs were known as Exchange-Rate Based Stabilizations (ERBS). “A nominal anchor is a constraint on the value of domestic money‚ and in some form it is a necessary element in successful policy regimes” (Mishkin 1999). So a nominal anchor is needed to provide conditions
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THE CASE AGAINST ACTIVE STABILIZATION POLICY Some economists argue that the government should avoid active use of monetary and fiscal policy to try to stabilize the economy. They claim that these policy instruments should be set to achieve long-run goals‚ such as rapid economic growth and low inflation‚ and that the economy should be left to deal with short-run fluctuations on its own. Although these economists may admit that monetary and fiscal policy can stabilize the economy in theory‚ they
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The word “Population Growth” has its origin from the latin words ‘Populus’ meaning people. According to ecological term; “population is group of people of the same species occupying a particular space”. Population is subdivided further into demes or local population which is group of interbreeding organism in demes; they share a common gene pool. Population density is defined as a number of individual per unit area or per unit volume of environment. When the size of the individual is uniform the
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Population Density‚ Distribution and Growth in Jamaica Name: Janice Jones School: Territory: Jamaica Centre no: Year: 2012 Population Distribution Population Distribution may be defined as the arrangement or spread of people living in a given area; also‚ how the population of an area is arranged according to variables such as age‚ race‚ or sex. How to construct a population distribution map (choropleth) Parish | Area (KM) | Population (‘000s) | Density | Clarendon | 1196
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References: UN estimates[edit source | editbeta] World Population Prospects‚ 2010[11]
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Population Revision Notes * Population distribution is how a population is spread (distributed) over an area of land. * Population density is the average number of people living in an area‚ given as people per square kilometer. The equation is Population Density = * The terms densely populated and sparsely populated are used to refer to areas with high and low population densities. * The term population density refers to the average number of people in the area and tells is nothing
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