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Describe John Kingdon's Policy Stream Model

question 23

Essay

Describe John Kingdon's policy stream model.Be sure to discuss all the elements of the model and how they can help us understand when policy change is most likely to occur.


Definitions:

Simple Interest Rate

A fixed percentage of the principal amount that is paid or earned over a specific period of time, not compounding.

GIC

An investment known as a Guaranteed Investment Certificate, which offers a risk-free fixed rate of return over a predetermined period.

Maturity Value

The total amount due or payable at the end of a loan or investment period, including the principal and any accrued interest.

Daily Interest

Interest calculation method where interest is calculated daily on the principal amount, either leading to faster growth in savings accounts or quicker payoff in loans.

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