Based on the majors indicators, the U.K economy perform above expectations as the UK surprised the world in the second half to 2013 with the robustness of its economy.
<h3>What are the three major indicators of the economy?</h3>
Economic indicators cover measurements of stability and macroeconomic performance, such as gross domestic product (GDP), consumption, investment, and international commerce (central government budgets, prices, the money supply, and the balance of payments).
The GDP, unemployment rate, and inflation are the main three indicators that economists look at to determine how the economy is performing overall. The primary gauge of macroeconomic performance is generally acknowledged to be the Gross Domestic Product (GDP). An economy's overall size can be determined by looking at its GDP in absolute terms, whereas its overall health can be determined by observing fluctuations in GDP, which are frequently quantified as real GDP growth.
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Based on the inflation rate and the fact that it is rising, the right recommendation would be to A. raise the reserve ratio.
<h3 /><h3>How can you decrease inflation?</h3>
Inflation can be reduced when the reserve ratio is raised because it will reduce the amount of money that banks have to loan out.
This means that there will be less money in the economy which will reduce inflation because less money means less demand for goods and services.
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When the government transfer resources to the poor in the form of a good or service it is called an in-kind transfer.
Many countries government provide large in-kind transfer resources to the poor in the form of a good or service. These transfers are commonly referred to as government redistribution programs, presumably from the wealthy to the poor.
The term in-kind transfers generally refers to goods, services, and transactions not involving money or not measured in monetary terms are transferred to the needy.
Hence, the in-kind transfers is based on the idea that governments want to target transfers to the needy.
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Answer:
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Explanation:
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a credit unionis a financial institution that is owned and controlled by its members rather than shareholders. The members of the credit union pool their deposits and provide loans and other financial services to each other.