The Uk Government Uses Both Fiscal and Monetary - 3206 Words

The UK government uses both Fiscal and Monetary Policy in its control of the economy: Analysis and Discussion. ‘The Business Environment Report’ submitted to The College of Technology London. Submitted By : Max Pereira Enrolment No : 083799-84 Section : MEP 2 Email : max.pereira@stu.ctlondon.ac.uk Word Count : 3000 words Under the Guidance of Lecturer: George Olusoji 1. Abstract We are all aware of the present world crisis and the recession period in which United Kingdom is progressing. Any individual may be inquisitive about what the government of UK is doing in this case and how the government†¦show more content†¦In order to maintain the economic stability and growth the government uses two common strategic approaches towards management of the economy which are: 1: Fiscal policy: concentrating on stimulating the economy through changes in the government income and expenditure. 2: Monetary Policy, which influences the circular flow of income by changes in the supply of money and interest rates (Palmer and Hartley, 2006). 4. Methodology The methodology used to discuss and analyze the given topic would be Case study, which will act as a primary source of data. Yin (2003) recommended the use of case-study protocol as part of a carefully designed research project. He also added that case studies can be either single or multiple-case designs. Single cases are used to confirm or challenge a theory, or to represent a unique or extreme case. Uma Sekaran (2003) supports the justification for this methodology according to whom, case studies involve in-depth and background analyses of relatively similar situations within one environment and compare that of other. She also commented that case studies provide more of qualitative data rather than quantitative data. As the topic suggested, the environmental subject of the case study would be UK. It may be noted that UK was one of the few member nations which was invited to the G-20 meet held on 14-15 of November 2008. And since the G-20 is a forum that brings together important industrialShow MoreRelatedMonetary And Fiscal Policies And Weighing Up How Effective The Coalition Have Been Improving The British Economy1491 Words   |  6 PagesIn this essay I will be examining how the financial crisis in 2008 caused the UK government to change their aims and policies to aid recovery. I will be looking to both monetary and fiscal policies and weighing up how effective the Coalition have been in improving the British economy. I will be comparing the aims and policies to those of other countries and evaluating what has restricted the UK economy from growing. The global credit crunch of 2007-2008 had a rippling effect on economies worldwideRead More U.K. Economy Essay1546 Words   |  7 PagesU.K. Economy The UK government currently has four main macroeconomic aims that it is pursuing. These aims are those of low unemployment, low inflation, and high and stable economic growth as well as a favourable balance of payments current account position. This essay will concentrate on the government’s success in the first three of its aims listed above and how these macroeconomic aims can or have been achieved using fiscal and monetary policy. Fiscal policy is used to affect aggregateRead MoreExplain How Fiscal and Monetary Policy Decisions Have Affected a Selected Business1448 Words   |  6 PagesThe uk government sets monetary policy by adjusting the funds rate. This affects other short-term and long-term rates, including credit-card rates and mortgages. Governments define fiscal policy by setting taxation levels and writing legislation and regulation for everything from health care to the environment. Fiscal and monetary policy changes can affect businesses directly and indirectly, although competitive factors and management execution are also important factors. Businesses go throughRead MoreIntroduction. Background Of Scotland’S Union With The Uk.1726 Words   |  7 PagesIntroduction Background of Scotland’s Union with The UK The debate on Scottish independence has been going on for centuries, and has continued long after Scotland joined the United Kingdom in 1707. â€Å"Suspicion and mistrust† between England and Scotland initially prevented a â€Å"union throughout the 17th century† (Johnson, 2014). The Scots had feared that they would become irrelevant within the UK, whereas the English felt that the Scots may â€Å"take sides with France† and rekindle the â€Å"Auld Alliance† (GallagherRead MoreMacroeconomic Objectives Of Fiscal And Monetary Policies1692 Words   |  7 Pagesoutcomes of government policies and how adequate these can be. There are many theories on the best policies to achieve the macroeconomic objectives successfully. In this essay, I will be explaining the aims and objectives of fiscal and monetary policies, the effects of quantitative easing, and how the 2008 Financial Crisis affected the United Kingdom as well as the global economy. Governments use macroeconomic objectives such as monetary, fiscal and supply-side policies to run the economy. Monetary policiesRead MoreRising Inflation in the UK1384 Words   |  6 Pagesfor the government of the United Kingdom in these post-recession years. The economic recovery, essential to the wellbeing of the British economy, may be in jeopardy as inflation continues to rise, reducing the purchasing power of the public. This, in turn, reduces demand for goods and services, and could potentially plummet the UK back into recession. This essay discusses the causes of inflation, policy options available to the UK government and the Bank of England (the central bank of the UK responsibleRead MoreEssay Monetary and Fiscal Policies1091 Words   |  5 PagesAssignment 2: Monetary and Fiscal Policies P3: Outline 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 in which it operates Tesco like every business will be affected by Monetary and Fiscal policies, whether this be directly or indirectly. Tesco PLC will be affected more indirectly by these policies and in this report I will explain how. Fiscal Policy involvesRead MoreThe Business World Is More Challenging1584 Words   |  7 Pagesrefers to any such type of economic system where the government holds the authority of the major decisions such as how much to be produced, the price quotation for the produced goods and the quality of the produced goods in some extent also. So it is necessary to discuss how it will affect the Trio and other business organization. To say we can illustrate that here the company will not have the option to produce as its best wish rather than the government has (Piveronus, 2006). On the other hand the companyRead MoreUk Government Responses For The Financial Crisis945 Words   |  4 PagesUK Government Responses to the Financial Crisis UK government was very swift in its response the financial crisis. Various measures were taken to address the economic anomaly that came with the crisis. These range from various monetary policies to fiscal policies. Some of these policies are discussed below: Reduction in interest rate: In March 2009, UK government through Bank of England reduced interest rate from 5.0 % in September 2008 to 0.5 %. Figure 7 below shows UK interest rate level from aRead MoreThe Conflict Between Inflation And Unemployment1343 Words   |  6 Pagespolicies in place to help if this was to happen. The fiscal and monetary policies are used as tools to keep the economy stable. Monetary policy is primarily concerned with the management of interest rates and the total supply of money in circulation and is generally carried out by the Federal Reserve central bank. Fiscal policy is the collective term for the taxing and spending actions of the governments. In the United States, national fiscal policy is determined by the Executive and Legislative

Sole Proprietorship Sole Proprietorship when there is no...

Sole Proprietorship: Sole Proprietorship when there is no legal difference between the person who owns it and the business (Terence Lau, 2013). †¢ Liability: The operator/proprietor of a Sole Proprietorship is subject to the full and indefinite financial liability for his/her business. Both the owner and the company is one in the same legally. The company’s assets are legally the same as the proprietor’s private assets. †¢ Income Taxes: The proprietor of this Sole Proprietorship is responsible for paying taxes in the same way we pay taxes as personal income. †¢ Longevity or Continuity of the organization: The business ceases to exist when the proprietor no longer exists. This type of business cannot be passed down to any heirs. †¢Ã¢â‚¬ ¦show more content†¦Ã¢â‚¬ ¢ Longevity or Continuity of the organization: If there is a death, the partnership is dissolved. †¢ Control: There is equal control, not one person can control the partnership. All of the general partners have a voice on the daily business. †¢ Profit Retention: All profits from the business are equally shared among each general partner. †¢ Location (Expansion): The general partners must obtain a local business license. General partners are not required to register their business. It must be a enterprise that is legal in their state. †¢ Convenience or Burden (Compliance): There are no requirements put on the general partners to comply with the regulatory requirements. Formation fees, franchise fees, and ongoing state fees are non-existent. There is a requirement to file an informational report with the IRS informing them of the profits passed to each general partner. Limited Partnership: The business form where investors known as limited partners agree to share in all profits of the partnership and there is no voice in the partnership management. †¢ Liability: The general partners are understood as legally the same entity as the partnership. They are all liable to their creditors and the creditors may pursue the assets of the partnership unit or each individual general partner’s personal assets in order to satisfy the liability. †¢ Income Taxes: Each and all partners are responsible for paying their on their own share of profits as personalShow MoreRelatedThe School Of A Charter School1396 Words   |  6 PagesBeing in a charter school, the academic school day is much different than in a public school. My CT, has to have her lesson plan turned in and approved at least 2 weeks prior to the lesson. There is no room for error, let alone the students not understanding any lesson. If a lesson is taught on a Monday, the classroom will be moving on to the next lesson on Tuesday, regardless if the students understand the lesson or not. There is also no differentiation in the classroom. 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Typhus Infectious Disease and South America Free Essays

Pandemics are disease that spread over a country or the world. Typhus is an example of a pandemic. Typhus is a bacterial disease that is spread by lice and fleas. We will write a custom essay sample on Typhus: Infectious Disease and South America or any similar topic only for you Order Now Brill Zinsser is the discoverer of the disease and typhus is also known as â€Å"Brill Zinsser Disease†. Two types of most common typhus are endemic and murine. Endemic typhus is usually seen in places with cold temperature, endemic typhus are sometimes called â€Å"jail fever† or â€Å"camp fever† because typhus killed hundreds of thousands of people of prisoners in the Nazi concentration camp in World War II. The other type of typhus is murine. Murine typhus is mostly seen during summer or fall. It mostly occurs in southern part of U. S and areas around the equator because the temperature is hot. Typhus is first recorded typhus epidemic was the Plague of Athens in 420 B. C. This epidemic killed a lot of people because so many people were infected. It had killed thousands of people during the Plague of Athens because of typhus. It was spreading throughout places because of the infected rat and mice. It was later spread to South America afterward. Some of the symptoms of typhus are backache, headache, muscle pain, and it also causes a red rash at the center of the chest few hours after infection. It also causes low blood pressure. There are also ways to prevent getting typhus. One way is to avoid areas with fleas and lice, another way is to just be clean, and use insecticide to kill lice. If people really have lice, they can boil their clothes for around 5 days to kill lice. There are few antibiotics treatments for typhus, doxycycline, tetracycline, and Chloramphenicol, which is the less common. Typhus had impacted society in many ways. It had changed many things in the society. Typhus had killed a lot of people throughout the history. It also led to many development of medicine. The medicines are still used in the society today to cure other disease. Since typhus mostly occur in places that have poor hygiene and dirty areas, now people aware more about their cleanness. This makes people keep their houses, areas clean so they can prevent typhus from affecting them. How to cite Typhus: Infectious Disease and South America, Papers