Friday, February 28, 2020
MACRO Essay Example | Topics and Well Written Essays - 1250 words
MACRO - Essay Example It will also considered about the various issues and challenges related to economic growth, unemployment, inflation, and the balance of payment and the exchange rate Economic growth is often defined as the increase in the market value to the quantity of goods and services produced by the economy over the period of time. Economic growth can be measured in terms of the increase in the per capita gross domestic product (GDP) (The Saylor Foundation, 2014). Accordingly, the GDP growth rate of the UK has been identified to demonstrate constant fluctuation. The UK economy is ascertained to face with strong headwinds and challenges. Contextually, the sluggish progress of the global economy along with uncertainty related to euro zone is identified to generate considerable headwinds for the nationââ¬â¢s economy. Output of the economy has remained flat for the last two years demonstrating 3% lower than it was at peak. Besides, private consumption is identified to restrain particularly due to reducing real disposable income, precautionary saving, tight access to credit and deleveraging. Likewise, private investment is also ascertained to be suffering fro m declining demand for goods and services, increased uncertainty and rigid financial conditions. The sluggish growth experienced by the trading partners particularly in Europe has eroded the hopes of quick recovery from the challenges faced by the economy. Declining non-price competitiveness and the limited market share held by the UK in the emerging markets of the world has also hampered the rate of export growth. Notably, high household debt, alongside limited access to mortgages is reckoned to have continuous impact on the residential investment (Wehinger, 2011). According to Office for Budget Responsibility (OBR), GDP growth rate of the economy is expected to be raised by 2.7 % in the year 2014. The OBR has warned about the prediction
Wednesday, February 12, 2020
Reattach paper bout (( The different spelling for different Essay - 1
Reattach paper bout (( The different spelling for different pronunciation between British and American english.)) - Essay Example This explains the different pronunciations of the word military. In American English, the word is pronounced as /mà ªlÃâ¢tÃâºri/, whereas in British English the word is pronounced as /mà ªlà ªtri/ (Goldstein & Best, 2006). 6 In French loan words, for example, in the RP the first syllable is stressed while in GAE the second syllable is stressed. Words such as buffet, prà ´ecis are examples. In American English word stress there is less application of stress on syllables that end in letters such as /o/u/r/. On the other hand, British English applies a lot of stress on words ending in the same letters (/o/u/r/). This difference contributes to the difference in spellings in both American and British English. A good example of such words includes, color and behavior. In American English, the words are spelt as ââ¬Ëcolorââ¬â¢ and ââ¬Ëbehaviorââ¬â¢. In British English, the same words are spelt as ââ¬ËColour and behaviourââ¬â¢. This is as a result of the different word stress applied on syllables that end in /o/u/r/ (Trudgill, 1972,). 6 The English language is spoken in a vast area with over 300 million people using it as their first language. English is different in various ways from one region to another and one such a variation is the American English that carries its own identity (Schachtebeck , 2011). The differences in the language are identified in many ways and particularly in the pronunciation, spelling, grammar, and vocabulary. The common recognized differences are the accent used in the two languages: the British and the American. Accent refers to the pronunciation features of different people from different geographical regions, social class, age sex or even the level of education. There are many accents and differences in the spoken English among people from different regions but most common are the differences in the American and British English (Werckmeister, 2012).
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