SophiaPretty

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Category > Business & Finance Posted 07 Aug 2017 My Price 6.00

Attach are the instructions for a 2-part question.

Second Article ( not mandatory but gave information for #4 which was not in the actual article – I used opinion here based on fact)Brexit: EU Spells Out Procedure for UK to Leave; BBC World.  http://www.bbc.com/news/world-europe-36632579

    1. Individuals Make Choices:
      1. Sajaad Ahmed  of Oldham England find money is tight,  basic services are hard to access rents are increasing.  Using marginal analysis, Mr. Ahmed evaluated the tradeoff between remaining in the EU or Leaving the EU.  He determined that Britain should leave the EU because he feels that the EU regulations are negatively impacting his economic  wellbeing.
    2. Interaction and Choice:  The residents of Oldham came to the same conclusion as they made their decisions and voted 61% in favor of leaving the EU.  They hope that this will lead to a more efficient use of their resources to provide more jobs and eliminate the shortage of services.  The residents believe this will be a more equitable result for the residents of the small town.
    3. Economy Wide Interactions: The outcome of the vote remains to be seen.  As the British Pound fell to its lowest levels in 30 years which could cause inflation and decrease both Household and Business Spending, as well as deteriorating government spending on services across Britain, the immediate short run impact looks grim.  However, to invoke article 50 and leave the EU is a 2 year process and the long run impact is still unclear.

 

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SophiaPretty
(5)
Status NEW Posted 07 Aug 2017 12:08 PM My Price 6.00

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