Fiscal policy Fiscal policy is the adjustment of spending levels made by the government to check and control its country’s financial system. It’s a means by which a monetary policy, in conjunction with the central bank, controls the supply of money of a nation. Both policies are combined in order...
Externalities are defined as the third-party spillovers arising from the production or consumption of goods and services on which there is no appropriate compensation is paid. The externalities are likely to create market failure in the sense that the price mechanism which involves the demand and supply forces might not...
Executive summary The report provides information on the rise in the UK unemployment rate caused by the COVID-19 pandemic. The study is important as the current situation could profoundly impact the labor market, demand, and economic activity. The report concludes that a demand shock, combined with economic uncertainty, can lead...
Introduction A make-to-order supply chain assumes that in a sequential supply chain all the risk involved in the process is transferable to the buyer. The management puts in place mechanisms to transfer some of the risks to the supplier. On the other hand, suppliers bear all the risks in a...
Australian society pays special attention to social responsibility and ethical principles. Small market size and isolation do constrain both the overall productivity and the scale efficiency of Australian manufacturing industries. This problem will be mitigated by long-run economic growth. It may be exacerbated by the general equilibrium adjustment of an...
Every activity involves some risks, however, some attract a greater risk than others. It is more risky to carry cash worth $100 in the pocket than it is to carry a credit card. One can be robbed and the whole amount taken. On the other hand, it is also risky...
Consumer culture is a very powerful force that shapes the way of life in any society as the individuals succumb to persistent drives geared by the yearning to be incorporated members of the (customer) culture (James, 2001). In the United States, changing attitudes towards money and debt has been an...
The data provided by the Fed tells of a steady upward movement of the M1, M2 and M3 values for the period of the last three years. (2008, 2009 and 2010). This is true both for the seasonal adjusted values as well as the values that are not seasonally adjusted....
Introduction During the COVID-19 pandemic, countless businesses have been reducing or closing their operations, including permanent shutdowns. As a result, there has been an abrupt cessation of economic activity. Companies have faced pressure to show responsible behavior in the wake of the financial crisis, which is expected to accelerate businesses’...
Farhana, C. (2015). Geant offers a world of choices to customers: Hypermarket chain is celebrating its 10th anniversary with promotions. Khaleej Times. Web. Geant, the leading hypermarket chain in the United Arab Emirates, has promised its customers a unique experience starting May 14 to May 30. Within this period, this...