1. Under five years of this government, we have worked hard to reduce the rate of inflation. So for the last three years, the rate of inflation has been falling! Meanwhile, over the last three years wages have been rising! 2. What's more, the opposition complained that in our first two years in power, we reduced police numbers by 30%. Well, I've got news for them: we have not only stopped them falling, but since then, we've increased police numbers by 35%! 3. Not only that, but we are spending more money on the health service than ever before! Billions and billions of pounds more! 4. We've also cracked down on crime: the number of convictions for burglary has halved in the last year, which must mean that there are fewer burglaries! 5. Homelessness and unemployment are two other things we are deeply concerned about. So I'd like to announce that more people than ever now own their own homes and have jobs. 6. And a last bit of good news: just look at how the number of hospital appointments has grown since we took office!

1. Under five years of this government, we have worked hard to reduce the rate of inflation. So for the last three years, the rate of inflation has been falling! Meanwhile, over the last three years wages have been rising! 2. What's more, the opposition complained that in our first two years in power, we reduced police numbers by 30%. Well, I've got news for them: we have not only stopped them falling, but since then, we've increased police numbers by 35%! 3. Not only that, but we are spending more money on the health service than ever before! Billions and billions of pounds more! 4. We've also cracked down on crime: the number of convictions for burglary has halved in the last year, which must mean that there are fewer burglaries! 5. Homelessness and unemployment are two other things we are deeply concerned about. So I'd like to announce that more people than ever now own their own homes and have jobs. 6. And a last bit of good news: just look at how the number of hospital appointments has grown since we took office!

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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