Q1: Saudi Arabia’s Ministry of Human Resources recently announced an increase to the monthly minimum wage from 3000 SAR to 4000 SAR for full-time Saudi workers in April 2021, and introduced a Labor Reform Initiative (LRI) scheduled to take effect on 14th March 2021.
a.Discuss the implications of the above topic.
b.Will this impact unemployment in the country? How?
Q2: Three students have each saved $1,000. Each has an investment opportunity in which he or she can invest up to $2,000. Here are the rates of return on the students’ investment projects:
Harry 5 percent
Ron 8 percent
Hermione 20 percent
a. If borrowing and lending is prohibited, so each student uses only his or her saving to finance his or her own investment project, how much will each student have a year later when the project pays its return?
b. Now suppose their school opens up a market for loanable funds in which students can borrow and lend among themselves at an interest rate
r. What would determine whether a student would choose to be a borrower or lender in this market?
c. Among these three students, what would be the quantity of loanable funds supplied and quantity demanded at an interest rate of 7 percent? At 10 percent?
d. At what interest rate would the loanable funds market among these three students be in equilibrium? At this interest rate, which student(s) would borrow, and which student(s) would lend?
e. At the equilibrium interest rate, how much does each student have a year later after the investment projects pay their return and loans have been repaid? Compare your answers to those you gave in part (a). Who benefits from the existence of the loanable funds market—the borrowers or the lenders? Is anyone worse off?
Immediately, after passing of the Universal Declaration of Human Rights in 1948 by the General Assembly, the educational privileges of those with mental or physical disability have been receiving ever increasing attention around the globe. As per Alexander & Salmon (1995), to make sure that special education is children’s privilege to receive an education which needs allocating them with separate class and provision of other learning material supports. As per Nathanson (1998) since the children are unequal, they need unequal treatment and hence, additional resources should be offered for helping children with learning difficulties. According to World Health Organisation (2010) ‘Disability is an umbrella term covering impairments, activity limitations and participation restrictions. Impairment is a problem in body function or structure: an activity limitation is a difficulty in executing a task or action: while a participation restriction is a problem experienced by an individual in involvement in life situations’ Ofsted (2010) produced figures that suggested that about 1 in 5 or 1.7 million students were classified as having Special Educational Needs. This figure encompasses those students who are also defined as disabled under the Equality Act of 2010. Estimates of the proportion of children with a disability vary but recent analysis indicates that 7 per cent of children in England are disabled. There is a significant overlap between disabled children and those with SEN. Research suggests that around three-quarters of disabled children also have SEN and will currently be receiving support through the SEN system. Plus, SEN labelling can create low self-esteem and can deteriorate succeeding results, labelling students of ‘special needs’ frequently persuades school management to treat them differently and separately instead of perusing them in regular class. To treat them differently and separately are considered to be the handicap present in the existing SEN system. The introduction of The Equality Act 2010 sought to eliminate those elements within schools of treating SEN students differently and separately. Through the requirements of anti-discrimination measures, reasonable adjustments and treating disabled and SEN students more favourably the intended outcome is to improve the experience and achievements of these students. Literature Review>GET ANSWER