Wednesday, December 25, 2019

Essay about Unemployment vs. Inflation - 895 Words

Unemployment or Inflation Wall Street Journal Assignment #1 Unemployment and inflation have an inverse relationship meaning that as one increases, the other decreases. According to the textbook, an ideal situation for the Federal Reserve would be to achieve both a low level of unemployment and a low level of inflation. After the 9/11 attacks in New York, the United States was put in a tragic financial crisis that led to the recession in 2008. While the debate for the causes of the 2008 recession continue to develop, most focus on the role that the public monetary policy and the practices of private financial institutions played on the financial crisis in the United States. Some economists claim that the origin of the crisis can be†¦show more content†¦The Fed â€Å"expanded its balance sheet† (The Nation) by essentially printing more money in order to purchase mortgage back securities and US Treasury bonds. Not only did this increase the prices for bonds, but it kept interest rates low motivating businesses and citizens to invest and borrow from financial institutions. They achieved lower interest rates by purchasing large amounts of treasury bonds and mortgage backed securities in addition to lowering the federal funds rate. This strategy I believe was the most successful because the Fed was able to sustain an increased cash flow, circulating more cash through the economy while aiding both the unemploymen t and inflation issues in the United States. According to writer, John Makin, of the Wall Street Journal, the United States faced a credit crunch in June 2007. The credit crunch led to tighter credit conditions, which resulted in various aspects of the GDP, such as investment and consumption to be affected. Furthermore, the credit crunch also affected unemployment during the recession; a time when unemployment for workers ages 16 to 29 was 15.2 percent, the highest since 1948 according to the Bureau of Labor Statistics along with Wall Street Journal writer Mary Pilon. Along with commenting on unemployment for young workers, she also explained the relationship between college tuition and the unemployment rate of college students with degrees demonstrating the importance of having an education and graduating with aShow MoreRelatedMonetary Policy Essay1666 Words   |  7 Pagesnorms and views. â€Å"Microeconomics and macroeconomics can be described in terms of small-scale vs. large-scale or in terms of partial vs. general equilibrium. Perhaps the most important distinction, however, is in terms of the role of equilibrium. While issues in microeconomics seldom challenge the notion of a naturally occurring equilibrium, the existence of business cycles and, especially, unemployment suggests too many observers that macroeconomics raises issues of a different character.† (McConnellRead MoreEssay On Private Sector739 Words   |  3 Pagesgoods such as household appliances and vehicles (CBC, 2017). Unemployment In 2005, Canada saw the annual unemployment rate at its lowest (6.8%) since 1976 (Statistics Canada, 2006) and then in 2007, the rate dropped even lower to 6.0%. Unemployment was at its highest since 2005 in 2007 at 8.5% (see Appendix E, Figure 1), then steadily decreased to 6.9% in 2014 (Labour Force Survey, 2017). Fluctuations in the annual and monthly unemployment rates since that time have been small, generally less thanRead MoreBusiness Cycle1566 Words   |  7 Pagesmacroeconomics, business cycle played an important role to show what a national economy is going; therefore, this essay will define what business cycle is and its characteristics. Besides, all of variables such as Real Gross Domestic Product (RGDP), inflation and unemployment rate and their behaviour in the business cycle will be also demonstrated in the second part. The final part of this essay will analyse and compare the situation of Australian economy and USA economy in period of 10 years since 1998 basedRead M oreEssay on United States vs. Japan Economic State889 Words   |  4 Pages United States vs. Japan Economic State The United States of America is one of the world leading economic powers in the world. The question is, how does the Unites States compare to other nation powers.Australia ,Cananda , China and Britain are just a few of the nation powers that can compare to the United states. This report will focus more one of the main rivials to the United States and that is Japan. Here is just a sample of Japans Numbers for 2004 compared to the United States. UniteRead MoreCurrent State Of US Economy1503 Words   |  7 Pagesproduct (real GDP) fell by 6.4 percent. Real GDP fell for four straight quarters, from third quarter 2008 through second quarter 2009. The good news is that we have enjoyed more than three years of uninterrupted economic growth (Real GDP) and falling unemployment since the  recession  ended in June 2009.  Economic growth (real GDP) has averaged  less than 2.1%  since the recovery began July 2009  and is have slowed to  less than 1% in the most last quarter of 2012 quarter.   It seems like a good time to take aRead MoreHow Could War Stimulate The Economy?1235 Words   |  5 Pagesby longer term unintentional negative macroeconomic cost. As the stimulatory effect of military expenditure is evidently associated with boost in the growth of the economy, unpleasant effects turn up either immediately or later on, even if higher inflation, budget scarcity, high taxes as well as cutback in consumption or investment. Correcting these effects has obligated succeeding painful amendments which are neither attractive nor proficient (Broadberry Harrison, 2005). Question 1. Explain inRead MoreBrief Political History : Japan1368 Words   |  6 Pagespacific ocean. AREA: †¢ total: 377,915 km ² †¢ land: 364,485 km ² †¢ water: 13,430 km ² 4.INFLATION, UNEMPLOYMENT AND GDP Consumer prices in Japan rose 0.2 percent year-on-year in August of 2015, the same pace as in the previous month and beating market consensus for a drop. While prices of food, furniture, clothing and leisure activities rose at a faster pace, cost of energy and communication fell further. UNEMPLOYMENT: The jobless rate in Japan was recorded at 3.4 percent in August of 2015, up fromRead MoreThe Recession of 1973-19751076 Words   |  5 Pagesgoing to pin point the recession’s recovery and expansion. The causes of this recession was due to the unemployment being too high and how it had rose even higher through the years. The unemployment rate was at 4.9% by the fourth quarter and rose significantly at 8.3% by the fourth quarter of 1975. This recession was quite severe since World War II. There has to be a cause of why the unemployment rate was continuing to rise and the reason for this recession, was the decline in the investment purchasesRead MoreWelfare System : A Need Of Reform1022 Words   |  5 Pagesto have spiked the unemployment percentage and increased expenditure on social welfare programs at expeditious rates. Although supporters believe that welfare helps unemployed workers and stimulates the economy, welfare programs cause people to become dependent on the government and is killing our economy. There have been many debates on whether extended unemployment benefits have increased the unemployment rate or not. Many believe that the reason for the increased unemployment rate is simply becauseRead MoreTake Home Examination : Macroeconomics By Alex Prindle1328 Words   |  6 PagesTake Home Examination 1 Macroeconomics by Alex Prindle 1. (10 points) What will be the expected changes to GDP in the next year? Explain by giving details about the impacts, if any, on C, I, G, and NX. Discuss the impact on real GDP vs. nominal GDP. The GDP should go up overall. The area of consumption should increase overall GDP, because when there are more jobs available and there is a great amount of job growth, more people will consume durable and non-durable goods. It states in the second

Tuesday, December 17, 2019

The Concept of the Tragic Hero an Analysis of Jason and...

In ‘Medea’, Euripides shows Medea in a new light, as a scorned woman that the audience sympathises with to a certain extent, but also views as a monster due to her act of killing her own children. The protagonist of a tragedy, known as the Tragic Hero is supposed to have certain characteristics which cause the audience to sympathise with them and get emotionally involved with the plot. The two main characters, Medea and Jason, each have certain qualities of the Tragic Hero, but neither has them all. This makes them more like the common man that is neither completely good nor evil, but is caught in the middle and forced to make difficult decisions. Euripides’ ‘Medea’ is a play based on the myth of Jason and the Argonauts. The play was†¦show more content†¦No, no, I will not do it. I renounce my plans.† (34) However, her hubris comes in the way as she decides â€Å"Do I want to let go my enemies unhurt and be laughed at for it? I must face this thing.† One of her motivations for killing her children is also that their death is inevitable; she reveals this when she says â€Å"This shall never be, that I should suffer my children to be the prey of my enemies’ insolence.† (34) She also shows that she loves them when she says â€Å"Force every way will have it they must die, and since this must be so, then I their mother, shall kill them... This one short day be forgetful of your children, afterward weep; for even though you will kill them, they were very dear – Oh, I am an unhappy woman!† (40) This dialogue makes her seem more humane, and arouses pity in the audience as they see her dilemma, and struggle to follow through with her task. Although the audience does sympathise with her, at the end of the day to murder one’s children is an unforgivable act which is why the audience still views her as a monster. The tragic hero should ideally be someone who suffers because of a mistake. Initially, she suffers due to Jason, but in her act of killing her children, she is bringing suffering uponShow MoreRelatedThe Concept of the Tragic Hero: an Analysis of Jason and Medea in Euripides Medea1442 Words   |  6 PagesIn ‘Medea’, Euripides shows Medea in a new light, as a scorned woman that the audience sympathises with to a certain extent, but also views as a monster due to her act of killing her own children. The protagonist of a tragedy, known as the Tragic Hero is supposed to have certain characteristics which cause the audience to sympathise with them and get emotionally involved with the plot. The two main characters, Medea and Jason, each have certain qualities of the Tragic Hero, but neither has th em all

Monday, December 9, 2019

Fu essay free essay sample

With phenoxymethyl penicillin for fi ve days. A throat swab taken before starting antibiotics grows beta-hemolytic streptococci (Group A). After three days of treatment, Jason’s temperature has returned to normal and he has made an uneventful recovery. Questions?. Th e pediatrician described Jason’s pharynx, uvula, and tonsils as swollen and red. What are the four cardinal signs of infl ammation, and how does each relate to changes in the blood vessels at a site of infl ammation. Th e exudate on Jason’s tonsils consisted primarily of neutrophils, and the cbc that was performed indicated that the number of neutrophils in his circulation was increased. What role do neutrophils play in the resolution of a bacterial infection?In the course of your answer explain terms such as adhesion molecules, diapedesis, chemotaxsis, opsonization, and phagocytosis. ?. Jason’s physician noted that Jason’s cervical lymph nodes were enlarged, a condition referred to as lymphadenopathy. We will write a custom essay sample on Fu essay or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Describe the structure and function(s) of lymph nodes, and list the other organs and tissues that comprise the lymphatic system.?. Describe the anatomic location and function of tonsils. ?. What is the mechanism by which fever is induced and what are its benefi ts in terms of combating an infection. What is the mechanism by which the number of circulating white blood cells is increased?

Sunday, December 1, 2019

Marketing Concepts free essay sample

Therefore the customer wins and so does nokia, as nokia once again are satisfying the need of support their customers request and In Conclusion, Marketing isn’t just a posh name for selling; in fact selling is part of the marketing component. It is the process of communicating; selling is the delivery of a product to the potential customer, converting them into actual customers.Whilst it can be assumed that marketing is a posh name for selling, the difference that separates both areas is evident through simple definition and actual process. In order to sell, the consumer must want, need and afford the product, therefore without the process of research, development and catering to the consumers needs, (Marketing) Selling would not be as profitable. An organisation that fails to provide marketing will allow itself to be a business that is hoping to simply sell its products by having it available, assuming the consumers will purchase its product. We will write a custom essay sample on Marketing Concepts or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Whereas an organisation that adapts the marketing concept, caters for the consumer’s wants, needs, price range, customer service, through the research of its objective and the development of these objectives, along with achieving the business goals of the calculated profit it ‘Intends’ to make prior sale. Using the example of Nokia, it is clearly evident that an organisation can only obtain worldwide success through the power of marketing.Should Nokia simply release products to a store without communicating with its consumers, the organisation would be no better off than a market stall that is ‘attempting’ to Sell its products. Instead, Nokia markets its brands and as a result has successfully pre sold its brand with complete knowledge of its consumers wants and needs. For example Nokia markets and provides products for its Personal and Business consumers where as an organisation selling phones, would simply have a range ‘for sale’.Finally, marketing is the process of identifying a need and communicating a message relating to satisfaction of the need through a product to its customer. The marketing process informs the market of who you are and what you do, whilst the sales process begins when a formal offer for services has been made, and concludes when the offer is accepted or rejected. In Conclusion, Marketing isn’t just a posh name for selling; in fact selling is part of the marketing component. An organisation can improve its marketing activities through implementing the marketing concept as this will: * Develop key competencies of knowledge, experience, commitment and communicat ions * Develop strategies through overcoming areas of weakness or threats by competitors through understanding the needs/wants of their customers * Maintain the organisations vision, focus is crucial for the development of objectives and the achievement of these objectives * Allows an organisation to Define, Develop and Deliver Customer Value which in turn will create greater customer loyalty leading to profit creation