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Oxford, Cambridge and RSA Examinations [2] (OCR) is an examination board which sets examinations and awards qualifications (including GCSEs and A-levels). It is one of England, Wales and Northern Ireland's five main examination boards. OCR is based in Cambridge, with an office in Bourn, Coventry.
In economics, an optimum currency area (OCA) or optimal currency region (OCR) is a geographical region in which it would maximize economic efficiency to have the entire region share a single currency. The underlying theory describes the optimal characteristics for the merger of currencies or the creation of a new currency.
Welfare economics is a branch of economics that uses microeconomic techniques to evaluate economic well-being, especially relative to competitive general equilibrium, with a focus on economic efficiency and income distribution. [13] In general usage, including by economists outside the above context, welfare refers to a form of transfer payment ...
However, in England and Wales, the high school diploma is considered to be at the level of the General Certificate of Secondary Education (GCSE), which is awarded at Year 11. [5] [6] For college and university admissions, the high school diploma may be accepted in lieu of the GCSE if an average grade of C is obtained in subjects with a GCSE ...
Each GCSE qualification is offered as a specific school subject, with the most commonly awarded ones being: English literature, English language, mathematics, science (double & triple), history, geography, art, design and technology (D&T), business studies, economics, music, and modern foreign languages (E.g. Spanish, French, German) (MFL).
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The publication notes that predicting the weather is not an exact science, but, in general, most of the U.S. is experiencing a warmer, wetter winter, and only a few spots can expect snow.
Notes and Problems in Applied General Equilibrium Economics. North-Holland. ISBN 978-0-444-88449-7. ——, with Rimmer, Maureen T. (2002). Dynamic General Equilibrium Modelling for Forecasting and Policy: A Practical Guide and Documentation of MONASH. Contributions to economic analysis (256). Amsterdam: Elsevier. ISBN 0444512608.