What is the term used when a sitting MP is removed as the candidate for a forthcoming election?
John Hughes (Coventry North East MP) leading up to this, but he came out of political semi-retirement as an "elder statesman" figure to become CLP chair. A few weeks later the sitting MP, George Park, announced his intention to retire at the next election, if he had not done so there would probably have been an attempt to deselect him. The CLP then went into the procedure for selecting a parliamentary candidate. At the selection meeting the right wing voted for Hughes as he seemed the weakest of the left-wing candidates, mainly because he was aged 60 and so might only serve one term as an
IS/MP model curve, increased output. The IS/MP model is used as a foundation for the AD–AS model. When used within the AD-AS framework we may derive long-term movements in inflation and interest rates, rather than base, short-run movements. Greg Mankiw maintains the IS/MP model has "quirky features". Mankiw prefers the IS/LM model, for, according to him, it focuses on "important connections between the money supply, interest rates, and economic activity, whereas the IS-MP model leaves some of that in the background". IS/MP model The IS/MP model (Investment–Savings / Monetary–Policy) is a macroeconomic tool which displays short-run fluctuations in the interest rate, inflation