Monday, September 30, 2019

Gross Domestic Product

Lecture Notes on Measuring the Economy By: Melcah T. Pascua National Income Accounting The primary measure of the economy’s performance is its annual total output of goods and services or, as it is called, its aggregate output. Aggregate output is labeled Gross Domestic Product (GDP): the total market value of all final goods and services produced in a given year. Three approaches of computing GDP. 1. The Expenditure Approach (Output Approach) Personal Consumption Expenditure (C)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ xxxxx Gross Private Domestic Investment (Ig)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦. xxxxx Government Spending (G)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ xxxxx Net Exports (Xn)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦.. †¦. xxxxx Gross Domestic Product †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ xxxxxxx (C + Ig + G + Xn) 2. The Income Approach (Allocation or Earnings Approach) Compensation of Employees†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxxx Rents†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxxx Interest†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ xxxxx Proprietor’s Income†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ xxxxx Corporate Profits†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxxx Corporate Income Taxes†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ . xxxxx Dividends†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxxx Undistributed Corporate Profits†¦. xxxx National Income†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxxx Indirect Business Taxes†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxxx Consumption of Fixed Capital†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxxx Net Foreign Factor Income Earned in home country†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxxx Gross Domestic Product †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxxx 3. The Industry-Origin Approach (Value-Added Approach) Agriculture, hunting, forestry, and fishing†¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦.. xxxx Agriculture and forestry†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxx Fishing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦ xxxx Industry†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxx   Mining and quarrying†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxx Manufacturing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxx Construction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxx Electricity, gas, and water†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxx Service sector†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxx Transport, storage  Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. xxxx Trade and repair of motor vehicles, motorcycles, personal and  household goods and communication†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxx Financial intermediation Real estate, renting and  business activities†¦. xxxx Public administration  and defense; compulsory social security†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. xxxx Other services†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦. xxxxGross Domestic Product †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Xxxx Other National Accounts: Net Domestic Product (NDP) NDP = GDP – Consumption of fixed capital (depreciation) National Income (NI) NI = NDP â €“ Net foreign factor income – Indirect Business Taxes Personal Income (PI) PI = NI – Corporate Income Taxes –Undistributed Corporate Profits – Social Security contributions + Transfer Payments Disposable Income (DI) = C+S DI = PI – Personal Taxes Where: C = Consumption S = Savings Nominal GDP vs. Real GDP Hypothetical Data of an Economy Year |Units of |Price per |Price |Unadjusted / |Adjusted / | | |Output |unit of |index |Nominal GDP |Real GDP | | | |output | | | | |1 |5 |10 | | | | |2 |7 |20 | | | | |3 |8 |25 | | | | |4 |10 |30 | | | | |5 |11 |28 | | | |Price of the current year Price Index = X 100 Price of the base year Nominal GDP =Price X Quantity Nominal GDP Real GDP = X 100 Price Index

Sunday, September 29, 2019

Hallowed Ground – Creative Writing

One damp morning in the spring of 1951, an elderly woman sat in her drawing room, and stared out of the Edwardian window, stretching from the floor to the ceiling. The velvet green curtains fluttered slightly against a draft. This is her place of rest, were she chose to lead the rest of her life peacefully. She gazed into her garden. Her drawing room was vacant when compared with the beauty of nature. The walls were lined with great masterpieces, her tables decorated with beautiful and rare Ming vases. She sat upright against the silk tapestry cushions of the chair. She loved the outdoors, and always felt uncomfortable with the four walls enclosing her, no matter how beautifully they were decorated. She always adored her garden, the white and pink roses in her numerous and perfectly arranged, symmetrical beds. The garden had limestone stairs, and she peered out of the window, down the grey-white steps, to a garden that stretched to the horizon. The grass was a pure deep green. And in the centre, a pond, stretching horizontally from one end of the garden to the other, the only means of crossing was an old bridge of pale wood with small engravings of dragons lining its railings. She watched the golden red carp glitter in the soft morning sun under the water's surface. Her garden shone with pink and white blossoms. The flowers, at this time of year were mainly spring pansies, daffodils and bluebells, dripping with morning dew. The rose bushes stretched all the way across the left side of the brick wall, ruining its foundations. She remembered old age, spreading through her body like the flower, ruining her strength. Her once able body was frail. Time was running out: the hourglass had tipped. She leant forward to the man across the table, sipping his tea and waiting patiently for a reply. She felt his harsh gaze in her eyes. â€Å"So, Miss Amanda Daley†, he began, â€Å"are you considering ever using our services again, perhaps writing another book or novel? I hope you know, and of course you do, being a lady of worth, that our services are at the best of prices and of the highest quality.† His words remained unanswered, and she carried on staring out of the window. His pinstripe suit and unmarked suede shoes were intimidating, and clearly he was a wealthy man, ignorant to suffering. She was uncomfortable in his company, and like a small child, looked at the floor. And yet, she hated silence, the social void, representing her lack of communal knowledge, and gossip could spread about her past. She sat with her back erect, causing her pain. And yet, she felt that etiquette overcame physical pain, as her father had always taught her. Her back throbbed. She was indifferent to her publication anyhow, since she grew increasingly ill, relief succumbed to etiquette. Her back relaxed. And, as she suspected, she felt a kind of paternal betrayal. Finally, she brought herself to mutter a few words, â€Å"Yes, thank you, I know. I shall send a telegram when necessary. My book will be finished in about three weeks. Come to collect the papers when I call.† She led him to the front door, where he stepped into his automobile. ‘Being a lady of worth'- these words irritated her, span around in her head, but she kept calm and showed no discontent. His car vanished through the drive, and she saw no point in waving him off. She had work to do. She was to begin her story. She sat in the drawing room, asked the maid to fetch her a blanket and hot tea, and sat at the oak table near another window. She stared at her aged hands and wrinkled face in the reflection of her silver teapot, each line representing a time in her life, and she also noticed her hollow eyes. The blue veins emerged on her fingers, as if her condition had just appeared overnight. But alas, this was not so. They did not just emerge, but the veins remained; no medicine could possibly cure it. She had simply not cared before. There were more important things to handle previously; age was a meagre aspect amongst her losses. She sat back, and allowed the painful memories to enter her mind. (2) Her mother, whom she adored with all her heart, would tell her stories when she sat up in bed, and listened with the same intent, even though the stories were often alike. Once her mother had left, and she had said her prayer, she looked out of her window to the star-studded sky, against the black sheet of infinity, and rested against it, was the chalky moon. She shut her eyes. At sunrise, she saw her father leaving the house, as usual. He shut the door with the same pessimism. His job was tedious, though he was too arrogant with false masculinity to ever admit it. He was well educated, well dressed, well paid and an owner of a leading company. He paid for servants to look after her family, even though her mother saw it as an intrusion of privacy. The house was situated on the edge of the sea cliffs, and the path following down to the ocean was lined with jagged rocks, sharp enough to cut. An hour later she tore her shoe on the steep path when walking down to the bay. As she stared deep into the horizon, she wondered what was beyond it. The sea lapped at her bare feet and she felt a slight spiritual familiarity with her surroundings, an eternal bonding of the vast and treacherous sea with her small, trusting heart. The sea sang into her ears, the wind caressed her skin and the sea appeared to be studded with thousands of diamonds against a turquoise backdrop. The sun blazed and her skin shone pink. She returned to a silent house. â€Å"Mother†, she called, looking uncertain, bracing herself. A splutter came from upstairs, and the servants were nowhere to be seen. She saw her mother coming down the stairs. The reply was not as dire as she had expected or it was and she simply did not understand. â€Å"Annabella†, her mother said. She spoke in a quiet tone, one that would have been soothing if it were not for the overwhelming fear that she could sense in her mother's eyes and expression. â€Å"Your father has been injured at his factory. Now, I don't expect you to understand this but we are treading on thin ice. We may be in slight financial trouble, but there is no reason to worry.† But there was. Annabella could sense it. What was a pretty Victorian house was now wrought with depression. Annabella stopped walking down the beach, and fell asleep in tears. The month later, she was roused by Victoria, her maid, and was told to dress. She met her mother at the breakfast table. Her beautiful green eyes were now veiled with tears, her curled blonde hair was now matted and greasy. She managed to force out the words, but Annabella knew exactly what she was about to hear. The house was silent again, no coughing, no cries and no shouts. She whimpered and tensed herself. All she heard was, â€Å"He's gone.† No sounds from her father, no reminders of the infected wound. She did not cry. She was grieving ever since he was hurt, and she knew it. Her father had died after a wild fever and her family suffered in horrible grief, his death believed to have been caused by the infected wound. Once she understood the cruel consequences of her father's death; a growing anger came over her, like a flame on oil. â€Å"Why has he left us?† she asked herself. â€Å"He had not taken any care; no money was ever left except for the pittance that remained after debts and taxes. There was no longer any financial help. He left my mother in hysterical tears, a sorry and disconcerting spectacle to their children.† (3) Even though it was many years since her father's funeral, she remembered the light oak coffin in which her father's body rested comfortably against a white silk tapestry. She remembered the echoing aisle sounds of shoes against the limestone floor, her silent mother and wailing brother, still young and too small to understand. During the final stages of his life, he had grown incredibly weak and thin. Two dark pits surrounded his eyes and the red and brown liquid seeping from his mouth. Her mother was always kneeling at his bedside with a damp cloth in order to calm the fever. The injury in his chest had become infected, and his whole chest was swollen, and his temperature soared. He often vomited. He cried during the night and woke up the house. Her mother never allowed servants to look after him, and she stayed by him, feeling that it was her responsibility. The memories of her father stayed with Annabella for the rest of her life, traumatising her, and yet provided her with an inner strength and understanding of the temporality of life. Unable to hold her pen any longer Annabella sat back, shut her eyes and waited till she had the enthusiasm to start the next chapter. The book, rather than being a release of the emotional torments, became a burden of pain.

Saturday, September 28, 2019

Depression Essay Example | Topics and Well Written Essays - 750 words - 5

Depression - Essay Example The humiliation they suffered and the agonies they had to endure in order to feed themselves were highlighted in news stories, pictures and reports which were seen and experienced worldwide. The first two photographs depict the agony and forlorn state of affairs of those times in an effective manner, which leaves nothing to the imagination of the beholder. Nature is a great teacher and the human race, despite its superiority to the lower animals, can succumb to its vagaries, which can have a stark similarity to an animal in distress. Floods, droughts, earthquakes, famines, war, other man made as well as natural disasters have thrown up eras of great tragedy and human suffering, which can be heart rending when looked at retrospectively. The 1936 photographs by Dorothea Lange showing a mother with her children tell a story which is not at all difficult to interpret for a person with basic intelligence. The despondency is clear in expression in the mother as well as the elder child whose face though hidden from view in the second photograph, show emotions of despair, desperation and the sense of resignation. The empty bowl in front of the woman indicates the state of affairs and depicts the shortage of food which was prevalent in that era. When such basic necessities are not met, it inflicts great damage to the psyche of the sufferer, which is clearly reflected in the facial expression of the mother. She seems intelligent enough to be aware of the gravity of the situation she seems to be in. The bowed heads of both mother and child indicate depression as the dominant emotion as depicted in their expression as well as demeanor. Obviously they are suffering from lack of food, shelter and seem to be resigned to their fa te. The little baby held fondly by the mother seems to have been lulled to sleep after suffering pangs of hunger. The little boy is shown clinging to the pole in order to support himself. His eyes are closed, either in

Friday, September 27, 2019

Media Analysis Paper Research Example | Topics and Well Written Essays - 750 words

Media Analysis - Research Paper Example Some sources also helped to reform the nation in better way. Among those sources films, songs and political cartoons were playing important part. These all were worked for the purpose of motivation and for changing the views of the political leaders and parties. Describing about the importance of each of the above mentioned methods this can be said that each of them were equally important during the post civil war period in America. Political cartoons never failed to create patriotism and enthusiasm which were very much important for the civilian in the post war period. Thomas Nast was playing an important role in this particular field. He was the famous as the father of American political cartoonist. The young generation was also attracted by the political cartoons and these cartoons directed their views in proper and right way so that future generation has not to face the trouble of civil war. Public opinions were reflected regarding the situation and affect of war through the cartoon figures (Hogge, 2008). Some film makers also took initiative to focus on the certain pictures such as scale of death in war through some documentary films. Drew Gilpin Faust, Eric Foner etc were some renowned film makers who made such kind of documentary fil ms. American sheet music also provided significant perspective on the history of civil war during the post war period. There was 3, 042 pieces of sheet music at that point of time which influenced the people of nation. The collection of music included political music, patriotic music, sad songs etc which had strong impact especially on the young generation. At that point of time music was a form of propaganda. During the post civil war period illiteracy rate was high especially in the rural areas and communication system was poor. In that situation sheet music was an important way to convey the positive messages to the people of those rural areas. The most important

Thursday, September 26, 2019

Health Promotion Planning Background Assignment Example | Topics and Well Written Essays - 250 words

Health Promotion Planning Background - Assignment Example romotion relate to a focus on upstream approaches, a focus on non-victim blaming approaches since as they show understanding of the influences of health and concentration on the evidence- based practice (McKenzie, Neiger & Thackeray, 2012). Besides this the roots include participation and empowerment of the people on health care, equity through acting fairly and proper distribution of facilities and ethical principles. Ethical principles refer to autonomy, beneficence, non-maleficence and justice in health administration. The seven areas of responsibility of health education specialists relate to asset needs, assets and capacity of health education, planning health education, implementing health education, conducting evaluation and research related to health education, administering and managing health education, serving as health education resource person and communicating and advocating for health education (McKenzie, Neiger & Thackeray, 2012). Among these areas, planning for health education, implementing health education and administering or managing health education are important for health educators and specialists. Planning effective health education programs ensure that potential participants for support are recruited, the logical scope for program is developed and measurable program objectives are drawn. Implementing health education programs is important as it ensures that the selected methods and media are suited to implement programs, monitoring and adjustments are made on activities and competence in carrying out programs is exhibited (McKenzie, Neiger & Thackeray, 2012). Administering or coordinating provision of health education services is an important area as it involves development of a plan, facilitation of cooperation among personnel , formulation of practical modes of collaboration among health agencies and organization of internal training

Wednesday, September 25, 2019

Creative writing Essay Example | Topics and Well Written Essays - 750 words - 3

Creative writing - Essay Example While the lectures functioned as a prominent gateway for much of the critical thought I developed during the course, some of the most powerful aspects that contributed to perspective shift occurred in through the Ted lectures. Within this context of understanding, one of the most powerful and overarching such influences came from Bjorn Lomborg’s lecture ‘Bjorn Lomborg sets global priorities’ (‘Ted’). While coming into the course I recognized that there were infinite world problems, including aids and global warming, an even more complex ethical question was the means of prioritizing these problems; these questions are central to Lomborg’s lecture and greatly influenced my political thought (‘Ted’). Within this context of understanding one of the most vital points was that economics is at the root of many ethical concerns, particularly when attempting to prioritize challenges to the world environment. This idea had a profound impact on my thought as I came to understand that while a plethora of ethical theories exist, such as utilitarianism or deontology, society must consider the practicality of enacting significant change. In enacting this change one must consider the economic viability of doing so. Another prominent thinker that influenced my perspective shift on the practicality of ethical change is Dave Meslin. Like Lomborg, we watched Meslin’s talk during the third lecture. While Lomborg had investigated large-scale aspects of cultural change, Meslin examined the practicality of such change in everyday contexts (‘Ted’). Meslin notes that while it has frequently been indicated that people are apathetic about their surrounding environment, when examined on a closer level it’s clear that there are a variety of obstacles that have been put in front of people to prevent them from taking significant civic action. One of the main notions I came to

Tuesday, September 24, 2019

About horror movies Essay Example | Topics and Well Written Essays - 1000 words

About horror movies - Essay Example The kind of character they portray in these movies is mostly driven by their ambitions in life. Unlike men who become comfortable with their statuses quickly, women are doing whatever they can to either maintain their facial looks or get the basic human wants (Wada-Marciano 12). A lady like Mrs. Li, for example, goes adopts a behavior of eating dumplings prepared from fetus for the sake of her looks and rejuvenating his husbands love Dumplings (Chan,2004). Greed also contributes to their characters in these horror movies because some of the females are conducting merciless killings just for food. In Onibaba film, we see two women killing soldiers, taking their armor and trading them for delicious meals. Such an action portrays greed because one has to sacrifice life of another for a single meal. Onibaba(Shindo,1964). Ambition and greed are portrayed more horrifying in female than in men. Let us start with Dumplings observations. The film shows the work of the experienced cinematographer Christopher. He applies moving camera shots best seen when Mrs. Li and Mei visits a mansion under construction. The two converse about politics as the camera moves with their talk and moves. The second instance of a moving camera is when Mei seduces Mr. Li inquiring whether the dumplings work Dumplings (Chan,2004). Mrs. Li is rich, so she does not have to pursue material things but she is after her fading beauty. In pursuing her husband’s love lost to a masseuse, Mrs. Li seeks advice from the local Chef Mei, who gives her dumplings to make her younger and beautiful. It works and Mr. Li starts loving his wife again even without an idea of what is happening Dumplings (Chan,2004). Mrs. Li receives compliments from friends for her youth and beauty, but somebody recognizes a fish like smell on her face. Mr. Li asks to be taken to Mei and after taking the fetus dumplings, he falls in love with Mei without

Monday, September 23, 2019

Geodemographic report using SPSS Essay Example | Topics and Well Written Essays - 2500 words

Geodemographic report using SPSS - Essay Example Combining the dynamics of human population with the spatial and locational differences enabled researchers to comprehend the characteristics of population in different locations. Based on the demographic data, marketers target particular communities for various purposes ranging from marketing to politics. Essentially, geodemography is the comprehension of complicated socio-economic information by the use of structured statistical methods (Brimicombe, 2007). SPSS is one of the most commonly employed computer programme to analyze statistics and its manual of this programme stands as one of the most high-ranking books in sociology. Some of the other functions performed by this programme include deploying surveys, extracting data, analysis of text and collaboration and usage. SPSS is a relatively user-friendly programme that is in practical use to undertake research. It facilitates mining information from questionnaires and converting it into totals and percentages. In addition, it allow s statistical calculations to be performed that help in estimating the significance of results. 2. Aim of The Area Classification The objective of my classification is to identify areas within the local authority (Worthing in West Sussex) where it is most suitable to start a charity campaign by targeting wealthier areas. This report contains the methodology, analysis and results of an independent appraisal and evaluation of the community in Worthing, West Sussex placed under wealth analysis. The goal of my classification and research was to identify different socio-economic and demographic areas within the local authority in Worthing, West Sussex. Based on this information, the community can then be segmented into different socio-economic strata. The charity campaigners can then easily differentiate between the wealthy and impoverished areas. The chances of receiving donations will escalate by targeting the affluent segment of society as indicated by studies on the matter (Gertner, 2008). Alternatively, the accumulated funds can be invested for the welfare of the underprivileged section of the society. The specific aims of the research are: 1. To identify income disparities; 2. To find out the level of qualifications and education in the community; 3. To provide financial support to the unemployed and boost the number of people in employment; 4. Increase the amount of volunteers in social care and promote a wider range of volunteer activities that people can undertake after adequate training and support; 5. To shift resources and change cultural norms away from wealth constituted in a few hands to a more equitable distribution of wealth. 3. Methodology and Practical Work In order to carry out a statistical analysis of the population segments in the target area, the statistics were gathered from the 2001 Aggregate Statistics Datasets. These data sets also had digital boundary data included with them in order to facilitate geodemographic concerns. The statistics were obtained by specifying the applicable district, county, region and country which in this case was Worthing in West Sussex. The major statistics were chosen from the Key Statistics dataset tables and were moved using a query designed in Microsoft Excel. This was followed by extracting the digital boundary for the target area. Excel was then used to calculate the percentage

Sunday, September 22, 2019

Feasibility study Essay Example for Free

Feasibility study Essay 1. A. NAME OF PRODUCT As we all know Guimaras is known as the breeder and export of the sweetest mangoes in the world. Some countries have tried to plant and grow mangoes but no one can ever do the same even with the help of latest technology that we have today and so the city of Guimaras can proudly claim the title of having the sweetest mangoes. Therefore the proponents chose Guimaras as its inspiration, thus, come up with a product that wishes to exhibit their specialty – the mangoes. After series of conceptualizing, the proponents come up with the word â€Å"MANGGAMAZING† as its business name. This name is comprised of two words, MANGGA and AMAZING primarily because the business’ concept is focused on mango itself. The first word Mangga is a vernacular term for mangoes which has been commended in the introduction, while the second word, Amazing means great wonder, surprising and remarkable and so the name Manggamazing is the combination of these words that surely suit the product’s quality. All in all, the name â€Å"MANGGAMAZING† simply describes the product and the outstanding work for excellent and satisfaction the proponents wishes to convey. 1.C. DESCRIPTIVE DEFINITION Manggamazing smoothies are drinks made and served for refreshment. These are mainly made with fresh, ripe mangoes which are antioxidants that protect the body against colon, breast, leukemia, and prostate cancers. Mangoes are rich in vitamin C, pectin, and fibers that help to lower serum cholesterol levels. Mangoes help you unclog your pores and add freshness to the face. These are applicable to any skin type. Mangoes help in promoting good eye sight, fights dry eyes and also prevent night blindness because it is rich in vitamin A. Mangoes also contains enzymes for breaking down protein, and the fiber found in it helps digestion and elimination. Manggamazing offers not only smoothies made with mangoes but it is added  with banana, mango and melon, and pineapple. Bananas are terrific heart-healthy food and good source of potassium, dietary fiber, manganese and vitamins B6 C. Melons on the other hand, help prevent cancer, stroke, and heart disease, also good for digestion, and give boost of energy. Pineapples contain brome lain, an enzyme that may help arthritis pain by reducing inflammation. They are also a good source of vitamin C, which helps strengthen your immune system. The products give a healthy boost and refreshment naturally. Smoothies are also mixed with non-fat milk, 0% fat yogurt, and will use sweeteners instead of sugar.  As a whole the product is a guilt free drink because of all its nutrients and low level of sugar. The proponents are: 1. D. OBJECTIVES Vision Our company â€Å"Manggamazing† bears the vision of providing healthy, fresh mango smoothies with added flavors of other nutritious fruits while maintaining our commitment to uncompromised quality with the heartening purpose to cater to society’s needs and cravings and constant change in life. The business also opted to create guilt-free drinks that will surely rejuvenate your mind and body, hence changing and opening people’s mind on a new side of style to staying healthy and fit. Ultimately, the company’s vision is to be the front-runner in the industry and help social and economic growth. Mission Manggamazing aims to give a high quality, exceptional and reasonably priced products in the beverage industry that provides healthy and nutritious smoothies that will surely satisfy the cravings of every customer. The people behind this product also aim to promote the national fruit of the Philippines – the mangoes to be known worldwide. To the society, the company’s task is making them health conscious in a unique way. Short term objective Manggamazing short term objective is to focus on execution in the  marketplace every day and on needs of our consumers and customers. Have the courage to change course when needed and remain responsive. And after we introduce it and known by everyone, Manggamazing will have a high cost of sales. Improve earnings and yield performance. Long term Objective The Manggamazing long term objective after 3-5 years will invade the malls if the profits are obtained. It will create many job opportunities for the branches that need manpower such as crew, server etc. The product will have a TV commercial and a foundation that will support by manggamazing so that the product will be known and it will be open for franchising. Develop and expand into new market, and they can now produce and manufacture new products. Expand into new overseas markets to tap new sources of growth and to achieve better market diversification. It aims for success and satisfaction of customers.

Saturday, September 21, 2019

Aquatic Flora of Pulicat Lake Essay Example for Free

Aquatic Flora of Pulicat Lake Essay Pulicat lake derived its name from a vernacular name ‘Palaverkadu’ means plants with many number of roots. Those plants are mangroves with aerial roots called Pneumatophores. The word mangrove is considered to be a combination of the Portuguese word â€Å"Mangue† and English Word â€Å"Grove†. These are salt tolerant plants and are rich in this area and might be the reason for that name. The lake harbours rich and valued floristic wealth because of its varied ecological habitat viz., salt marshes, canals, mangroves, islands, low lying areas etc. A careful study of literature revealed that the lake has hardly received attention by the botanical explorers and hence it has remained botanically under-explored so far. But its fauna was extensively studied by many zoologists Nanda Kumar et.al . A.R.KSastry and T.A. Rao (1973) in their extensive study on the flora and vegetation of Coastal Andhra Pradesh, have recorded about 15 species from the island of the lake. Pulicat lake derived its name from a vernacular name ‘Palaverkadu’ means plants with many number of roots. The lagoon’s boundary limits range between 13.33 ° to 13.66 ° N and 80.23 ° to 80.25 °E, with a dried part of the lagoon extending up to 14.0 °N.; with about 84% of the lagoon in Andhra Pradesh and 16% in Tamil Nadu. The large spindle-shaped barrier island named Sriharikota separates the lake from the Bay of Bengal. Area Three major Rivers which feed the lagoon are Arani river, Kalangi river and Swarmukhi river. The Buckingham Canal, a navigation Channel is part of the lagoon on its western side. It is connected to the sea through three tidal inlets, one each at Tupilipalem, Rayadoruvu and Pulilcat villages respectively, from north to south. Study was undertaken in the Pulicat lake and data of aquatic flora collected by frequent visits during 2009-2010. Close up Photographs of as many as possible and associations depicting the richness of the macrophytes of the lake were taken. Herbaria of various aquatic plants also collected for future reference. Herbaria-specimens are preserved at N.B.K.R. Medicinal Plant Research Centre, Vidyanagar, Nellore District. Results and Discussions Brackish water is more saltier than fresh water and less saltier than sea water. Hence it is biologically more productive than either freshwater or sea water. It shows very rich aquatic population diversity including free floating, submerged, suspended, marginal, amphibious plants along with halophytes and mangroves. Region of pulicat lake includes salt marshes, canals and mangroves. Salt marshes often inundated by backwaters are mostly occupied by halophytes. They include Aleuropous lagopoides, Etriplex repens, Cressa cretica, Crotalaria retusa, Cyparus haspan, Fimbristylils ferrugenea, Salilchornia brachiata , Sesuvium portulacastrum Etc. Similar halophytic species scattered along the banks of Buckingham canal and Vapenjeri canal flowing with brackish water. Halophila ovalis popularly called sea grass belong to the family Hydrochariticeae appear prominently all along the margins Buckingham canal. Small mangrove pockets are located at two places namely near Vepenjeri canal close to Chandrasikuppam, and near Chengalpalem. Four species of mangroves belonging to four families are prominent over here. They include Aegiceras corniculatus of Myrsiraceae, Avicennia marina of Aviceiniaceae, Excoecaria agallocha of Euphorbiaceae and Lumintzera racemosa of Combretaceae. They develop pneumatophores in response to oxygen deficient conditions Significance of macrophytes to the lake: Macrophytes provide cover for fish and substrate for aquatic invertebrates, produce oxygen and act as food for some fish and wild life. Established mangrove roots provide an oyster habitat and slow water flow, there by enhancing sediment deposition. The fine anoxic sediments under mangroves act as sinks for a variety of heavy (trace) metal with colloidal particles in the sediments scavenged from the water. They protect coastal areas from erosion, storms and tsunamis. Their massive root systems are efficient at dissipating wave energy. Conclusion A decline in the macrophytic population may indicate water quality problem. They may be the result of excessive turbidgidy, pollutants including herbicides or salinization. It may lead to a major socio economic problem. One village in Tamilnadu was protected from tsunami destruction. That village is Naluvedapathy planted 80.244 saplings to get into the Guinness Book of World Records. This created a kilometer wide belt of trees of various varieties. When the tsunami struck, much of the land around the village was flooded but the village escaped form minimal damage. Many conservative methods have to be practiced to protect the macrophytic flora of the lake.

Friday, September 20, 2019

Optimal Economic Uncertainty Index

Optimal Economic Uncertainty Index Introduction Economic uncertainty states about the uncertain of future economic events. This means we cannot foresee what will happen to the country’s economic in the future and this is why this research is been investigate. There are many situations which caused the uncertainty to happen such as the changes in economic and financial policies, various views about the growth prospects, the productivity movements, wars and natural disasters (Bloom et al., 2013). The first innovative work which discussed about the effects of uncertainty is done by Knight (1921). Knight formalized a distinction between risk and uncertainty. Based on Knight’s research, risk was applies to the situations where is unpredicted but still can accurately calculate the odds. However, uncertainty applies to the situations where is unpredicted all the information we need with the purpose of set accurate odds. According to a theory of profit and entrepreneurship, Knight suggests that the function of the entreprene ur is to earn profit by undertaken the investments with uncertain outcome (Bewley, 2002). Thereafter, more and more researcher has constructed diverse models to investigate the uncertainty. Mises (1949) states that researchers never gave up in searching the best ways to reduce the problems which caused by the uncertainty. However, the results gain by most researchers which tested the uncertainty could not supply suitable and meaningful outcomes. This is because the researchers’ understanding and the modeling created has supply limited information from the empirical data and too much effort has been applied in explaining and estimating the characteristic of human beings under variety situations (Ellsberg 1961; Epstein 1999). However, an open question remains as to whether or not research in this area could better our knowledge of economic turbulences and other utmost uncertainties and improve the scientific accuracy of economic theory. There are fewer of empirical studies on the economic uncertainty index depend on normative analysis. This type of analysis creates value judgments about the economy or the goals of public policy to be archive. (Caplin and Schotte 2008). Thus, normative analysis cannot be used to refute the precision of the economic uncertainty index (Gan 2014). Monetary conditions indexes (MCI) have become famous in several countries over the past few years as a useful tool and indicator for the stance of monetary policy. Although MCI played as an alternative monetary policy rule sparked intense debate and yet whether a consensus can be reached remained unknown at the beginning however it has been losing its magnet effect on the economy from the past years. The main factor of this change would be exchange rate, which is merely determined by the market. Gan (2014) conducted a paper namely the optimal economic uncertainty index constructed is one of many in the economic uncertainty literatures, which the optimal form may reflect the true economic conditions. This study will apply two monetary policy rules which are MCI and OEUI in selected Asian countries to examine which rules would facilitate achieving the best economic outcomes and lead to rational and wise policy decisions through a comparison. Matters of the study The argument of monetary policy rules in an economic uncertainty A good monetary policy rule is very important to the economy. It can help the economy respond efficiently to economic upheavals by limiting the gap of actual economy activity from its equilibrium, without significantly changing the ultimate goals of monetary policy. As stressed by Svensson (2000), monetary policy rule can either describe a systematic response of policy instrument to events in the economy (e.g., changes in macro variables and changes in policy variables), or it can suggest a specific economic outcome, or it can target the central bank’s goals (e.g. output and/or inflation). This behaviour of the policy rule can be inferred only in the context of a full model that links the policy instrument to the targeting variables included in the rule. Levin, Wieland, and Williams (2001) investigated the performance of forecast-based monetary policy rules by using five macroeconomic models that present a wide range of views on aggregate dynamics. They categorize the characteristics of rules that are robust to model uncertainty. However, the performance of monetary policy rule in an economic uncertainty is still under debate. Dotsey and Plosser (2012) examine the design of monetary policy rules in an environment. The argument is lingering around the issue that people have only an imperfect knowledge of the economy to confront challenges arising from various forms of economic uncertainty. The inadequate of non-optimal monetary policy rules in an economic uncertainty Simple monetary policy rules – non-optimal – such as Taylor (1993) may involve a reaction to variables other than conventional variables such as inflation gap and output gap, which are considered intuitively relevant to the conduct of monetary policy. Generally, these rules are similar to those discussed in Clarida et al. (1998). The great virtue of the simple rules is simplicity, which makes them easy to understand. Simple rules still can be used in central bank communication, although the public would not be able to verify the exact rule that is being followed. The rule can perform well in a wide range of models, which makes it robust to model uncertainty (Taylor, 2000). As stressed by Orphanides (2007: 11), some useful elements of policy design surface from historical analysis of TR: (i) good stabilization performance have a strong relation to the inflation’s reaction; (ii) good performance is associated with policy rules that show considerable inertia; (iii) a strong reaction to incorrectly measured output gaps has historically proven counterproductive; (iv) successful policy could still usefully incorporate information from real economic activity by focusing on the growth rate of the economy. Additionally, financial market analysts, scholars and central banks’ staff have been using monetary policy rules increasingly to forecast interest rates and to evaluate and describe central bank actions. Despite the fact that simple policy rules can often provide a good approximation to fully optimal policy under perfect information and are typically more robust to uncertainty (Cateau, 2007), simple rules have a number of weaknesses. Although their performance is rarely disastrous, they can involve large welfare losses relatively to fully optimal rules (Nikolov, 2002). In the similar vein, Svensson (2003) argued that a commitment to a simple instrument rule might be far from optimal in some circumstances. Crucially, simple rules are rarely optimal. Some studies, for example, Batini, Harrison and Millard (2003) argued that Taylor-type rules are not robust to open economy features. Taylor (2007) recognized that the TR is not supposed to be followed mechanically, but he also argued that monetary policy might deliver better results in terms of low inflation and output variability by staying closer to the rule. The failure of monetary conditions index Generally an MCI is a measurement of demand pressure; demand pressure is often measured by the output gap (output gap is the difference between current output and the estimated output in equilibrium level). The MCI is simple economic uncertainty measure because it involves gap variables in estimation; any estimation of gap variables is subject to considerably uncertainty (Gan, 2014). The equation of MCI[1] is a combination of interest rate gap[2] and exchange rate gap[3]. Thereby, increases in interest rates as well as increases in exchange rates[4] indicate a higher MCI figure and, therefore, tighter monetary conditions rested here. The estimation of the weights of the two variables in the MCI is at the heart of calculating of the MCI. The ratio of these weights would encode whether an appreciation in interest rates can be compensated along with depreciation in the exchange rate. The weights also reflect the relative impacts and changes of the interest rates as well as in the exchan ge rate affected on monetary conditions. Therefore, the MCI is generally viewed as a summative and informative tool for the public; meanwhile it serves as an early indicator for the central banks. However, the benign MCI played as an alternative monetary policy rule still sparked intense debate and yet whether a consensus can be reached remained unknown. Noticeably, the MCI has been losing its magnet effect on the economy from the past years. The most contributive factor of this change would be exchange rate, which is merely determined by the market. Further, the MCI mixes up two variables that are situated on two fundamentally different stages of the transmission process. The evidences can be briefly summarized by the application of the two MCI formerly leading advocates, the Bank of Canada (BOC) and the Reserve Bank of New Zealand (RBNZ). Since the early 1990s, BOC officially used MCI as an operating target (operating target is variable that the central bank influences directly by its monetary policy instruments[5]); however, the BOC did not directly control both the interest rate and the exchange rate simultaneously, but merely focused on the control of the interest rate. This means that central bank adjusted its interest rates to modify monetary conditions directly, which in turn is assumed to affect the exchange rate in various systematic approaches (usually via uncovered interest parity – UIP).[6] Due to its inability to target the exchange rate under MCI’s mechanical way, The RBNZ in 1999 gave up the concept of MCI may. The recurrent depreciation during the crisis and the evocable changes in the MCI were interpreted as signals of upcoming tightening that can cause long-term interest rates to rise and consequently exacerbate recessionary forces (Ito and Hayashi, 2004). To sum up, the concept of the MCI had lost a great part of its initial attractiveness in the end of the 1990s. The RNBZ abandoned published an MCI in March 1999 and concentrated its policy statements on a short-term interest rate. While the BOC continues to publish the MCI, its role in taking monetary policy decisions was reduced to that of many other indicators in recent years. The perform of optimal economic uncertainty In economics, optimal analysis is a normative analysis. It studies what the economic ought to be. However, the study about the optimal economic uncertainty is very limited. Most of the empirical studies are approximate form but not optimal. The optimal analysis is very common in most of the economic study such as the studies of monetary policy rule and others. In the late 1970s, the Federal Reserve stabilized the country’s economy by using the optimal Taylor Rule in the monetary policy. However, the Taylor Rule has misplaced the policy makers to face the real time data (Orphanides, 2003). This is because the optimal Taylor Rule only can perform better in the interest rate function. Giannoni (2000) investigated optimal policy rule in a simple forward-looking model, when the policymaker faces uncertainty about model parameters and shock processes. Other than that, Dieppe et al. (2004) examined the optimal monetary policy rule in the model of the euro area which is known as the ECB’s Area Wide Model, including a high degree of intrinsic perseverance and a restricted role for forward-looking anticipation. The optimal economic uncertainty index constructed by Gan (2014) is one of many in the economic uncertainty literatures, which the optimal form may reflect the true economic conditions. Since the economic uncertainty index is not observable. The rule of optimal economic uncertainty index suggests optimal economic uncertainty index can be computed by using grid search method based on small open economic model; a small open economic model is very close to a true economic model and it is not partial economic model. Motivation of the Study What is the response of optimal economic uncertainty to macro variables and policy variables? Until today, there are no policymakers (hereafter, central banks) have publish the optimal economic uncertainty index, for the reason they might be unwilling to publish such an index, or such an explicit formula simply does not exist. As stressed by Bernanke (2010a), economic engineering to address economic uncertainties needs to be improved. Optimality in this study can be given by particular specifications of the central bank’s loss function. Therefore, an optimal rule is the one that derived by minimizing a loss function. Two models are practically employed here. The first model is an optimal economic uncertainty index, which is proposed by Gan (2014). The second one is MCI concept which is based on the theoretical works by De Wet (2002). Thereby the optimal monetary responses can be derived. What is the welfare gain from taking into account the external variable? In order to answer this question, the study attempts to compare the derived optimal economic uncertainty index to a set that assumes with the exchange rate variable and a set that assumes without exchange rate variable. In line with this measure, one feasible approach is to measure the difference in the loss function values. For this purpose, the study would derive the optimal economic uncertainty index for a small open economic model in two setting, in other words, a model with the exchange rate variable and a model without the exchange rate variable. Objectives The objective is to examine the optimal economic uncertainty index (see Figure 1.1) while including the role of external variables – normative analysis. Specifically, this model is augmented and examined with exchange rates. The first model is the MCI of Bank of Canada is a variant of economic conditions rule, which can serve as a competitive rule; this rule consists exchange rates, interest rates and past output. The second model is the optimal economic uncertainty index based on a small open economy model, which was proposed by Gan (2014). Since the basic idea is to keep the rules at constant, i.e., MCI (De Wet, 2002) and optimal economic uncertainty index (Gan, 2014), these optimal rules would bring the economy back to its long-run equilibrium; the process can be indicated by MCI (i.e. an indicator that encompassed the total effects of interest rates and exchange rates), and by optimal economic uncertainty index (i.e. an indicator that encompassed the total effects of inter est rates, exchange rates, inflation and output at optimal level). This study also examines the dynamic profiles of monetary policy rules through a comparison. Eventually, this would enable us to draw an inference regarding which rules would facilitate achieving of the best economic outcomes and lead to rational and wise policy decisions and aid in assessing the behavior of the economic uncertainty in the future. Figure 1.1 Analytical Frameworks (theoretic framework of optimal economic uncertainty index) Figure 1 (a) 3D macro model and the optimal economic uncertainty index at zero uncertainty level of macroeconomic conditions. (b) 2D field of view of the optimal economic uncertainty index with zero uncertainty level of macroeconomic conditions. (c) 2D field of view of the negative-optimal economic uncertainty index with economic contraction. (d) 2D field of view of the positive-optimal economic uncertainty index with economic expansion. Significance of the Study The attainment of these objectives will certainly benefit the central banks. With the growing international mutual consent, both in academia and among central banks, maintaining the medium to long-term price stability is the overriding goal of monetary policy (Asian Development Bank, 2008). Research provides strong support in maintaining low and stable inflation, ultimately; this is beneficial for overall economic outcome (Mishikin, 2008). In line with this consensus, the proposed economic uncertainty index based on a small open economic model – suggested in this study may be considered by the central banks as an alternative framework with the end view of coming up with an improved and more effective economic policy strategy. This study provides exploration of two types of monetary policy rules in an economic uncertainty, the MCI of Bank of Canada and optimal economic uncertainty index based on a small open economic model of Gan (2014), where a set of parameters inducing different decision rules are determined. This study encompasses two macro variables (i.e., output and inflation) and two policy variables (i.e., interest rates and exchange rates) in the optimal model. Not only does this facilitate a better understanding of current policy actions, but it permits markets to better forecast the central bank’s future actions. The optimal policy in one setting may not be optimal policy in some other setting because there is no agreement on the best model of the economy (Plosser, 2008). The rules derived in this study can be contrasted. The optimal economic uncertainty index may outperform other rules (e.g., the Taylor rule and MCI rule) as it can be useful for the central banks. The proposed rule can serve asa policy of inflation targeting that in line with a welfare maximizing policy aiming at minimizing the output gap and inflation gap. This rule is superior that maintaining public confidence while giving monetary authorities to achieve the best economic outcomes in an optimal way. Conclusion This thesis is divided into five chapters. The current chapter sets the background and motivation for the thesis. Chapter 2 explores the theoretical and empirical literature on monetary policy rules with the aim of highlighting two research gaps that motivate the present study. Chapter 3 examines the MCI rule â€Å"true† policy reaction function through optimal TR, while Chapter 4 furthered the MCI rule by employing optimal economic uncertainty index based on a small open economic model. Lastly, Chapter 5 summarizes the major findings of the thesis and their implications, together with some recommendations for future study. [1] [2]Interest rates in the current period minus interest rates in the base period, i.e., changes in interest rates. [3]The level of the effective exchange rate minus the effective exchange rate in the base period divided by the level of the base period. i.e., changes in exchange rates. [4] A positive value for indicates appreciation of the domestic currency. [5] Cf. Burton and Lombra (2006: 671) and Thomas (2006: 608) for textbook definition. [6] Interest-rate-parity theorem states that the interest rate differential between two countries will be equal to the difference between the forward-exchange rate and the spot-exchange rate (equation), in other words, interest differential between two countries should be equally expected in term of the exchange rate change.

Thursday, September 19, 2019

Combining Environmental Groups in Order to Preserve Wildlife :: Environment Environmental Pollution Preservation

Combining Environmental Groups in Order to Preserve Wildlife Environmental issues have been a problem all over the world.   Some species are constantly being declared endangered and on the verge of extinction.   A group of concerned people join together to raise funds in order to improve the habitat or produce more of   the endangered species.   These organizations have proved to be successful.   Many have even removed plants and animals from the long list of endangered species.   A problem that persists within the environment groups is the use of funding.   The organizations bring in a great deal of money from contributors, but all of the donations are not going toward the groups certain goal to save the endangered.   Some of the money is spent on paying employees, organization expenses, and most of all on advertising (Belt 2).   It is absolutely unnecessary for donated money to be spent just to get more contributors.   If that money went toward the use of scientific work or habitat repair, the environment groups would be and even greater success and so much more could be done to preserve the planets endangered.   I propose that we combine all environmental groups into one.   If they were to all join together, so much more could be done to save the plants and animals that are becoming extinct.   Environment groups have already done so much to help better the wildlife.   Many have raised enough money to improve the habitat of and endangered species or even encourage the reproduction of almost extinct animals.   This is what they should be doing with all of the money that is donated toward the certain organizations, but it is not (Short 1).   The groups have to spend a great deal of their money for a numerous amount of unnecessary reasons.   They have to pay for traveling, promotions, and advertising, which in no way benefits the endangered plants and animals.   One of the main reasons for combining all of the groups, is that it would be more beneficial for   the spending of funds.   The amount of money that environmental groups bring in is outrageous.   One of the larger groups has an annual budget of $64 million dollars.   They turn around and spend $54 million dollars of that for advertising in order to get more contributors (Belt 1).   So much of the money donated to environmental groups is spent on frivolous activities.   $12 million dollars is being spent to keep a killer wale happy.

Wednesday, September 18, 2019

Abolishing Poverty in The United States :: Poverty Essays

Abolishing Poverty in The United States   Ã‚  Ã‚  Ã‚  Ã‚  If I had the power to abolish poverty in the United States I would do it in a second. Abolishing poverty would be almost impossible because there are just to many poor people for one person to help. To abolish poverty we must all work to help those who are poor get out of this condition.   Ã‚  Ã‚  Ã‚  Ã‚  There are two types of poor, there are people who are relatively poor and there are people who are absolutely poor. People who are relatively poor are poor compared to the people around them. These people usually only have the bare necessities to survive like food, clothing or shelter. They might even have a steady job but they just don't have any real wealth. In fact people who are relatively poor are usually in the lower 5% of the population in terms of wealth. People who live the state of absolute poverty can not sustain a certain level of living . These people have a hard time getting money for food , clothing, or shelter. People who are absolutely poor have a rough time getting money to put food on the table one day and the next day they might not have any money to put food on the table. Not all people who are relatively poor are absolutely poor, but, all people who are absolutely poor are relatively poor. These types of poor are found all throughout the world especially in underdeveloped countries. In the United States a advanced well-developed country both absolute and relative poverty are present throughout the country.   Ã‚  Ã‚  Ã‚  Ã‚  I think that absolute poverty has no beneficial purposes to society. However, relative poverty does have beneficial functions. I think that relative poverty can make people competitive. It would do this because people always try to do better then the people around them. This competitiveness might force people to work overtime or even two jobs in order to make more than the people around them. There are some major costs that both poverty's have on society. These costs include: In areas of high poverty there are usually the same areas of high violence. A second cost to society might be that some people in poverty might become welfare dependent, this means that they rely solely on welfare to pay for everything and they don't even try to find a job of there own. These negative costs definitely outweigh the benefits.   Ã‚  Ã‚  Ã‚  Ã‚  If I had control of the poverty situation in the United States I would only try to eliminate absolute poverty. I first would raise the taxes of the

Tuesday, September 17, 2019

Why Was the Byzantine Empire Able to Expand to the East in the Late Ninth and Tenth Centuries?

Why was the Byzantine Empire able to expand to the east in the late ninth and tenth centuries? In the seventh and eighth century the Byzantine Empire was overwhelmed by Arab attacks resulting in the loss of Syria, Egypt and North Africa. The swift loss of the Empire’s lands and the continuous Arab sieges on Constantinople appeared to be signs of the end of the Byzantine Empire. In the late ninth and tenth centuries however this had changed, surprisingly within these centuries the Byzantine Empire experienced a period of revival.It was a period of increased trade and prosperity, a revival of the Empire’s economy. The Byzantine’s military had begun a process of transformation through new military tactics and reorganisation which made it a formidable fighting force. Simultaneously as these changes occurred, the Abbasid Caliphate had weakened significantly; a slave revolt and political divisions resulted in the split of the Abbasid Caliphate into three smaller Caliph ates. The combined factors resulted in the expansion of the Byzantine Empire in the east in the late ninth and tenth centuries.The most significant cause for this expansion was the army, specifically the use of new tactics and the reorganisation of the Byzantine army. The revival of the Byzantine economy was important as the increased trade and prosperity allowed greater taxation which could then be spent on the army for better weaponry and heavy Cavalry divisions. The revival of the economy is a contributing factor however it is subordinate to the army which was crucial. This is because the military success was stimulated to a greater degree by leadership and improved tactics rather than weaponry which was influenced by the revival of the economy.Without the introduction of new tactics and the reorganisation of the Byzantine army; the Byzantine Empire would not have been as successful in the expansion in the east. The decline and the splitting of the Abbasid Caliphate were contribu ting factors as the emerging Hamdanid Caliphate was weaker than its predecessor making it more exposable to attacks. This did not however mean the complete collapse of the Abbasid Caliphate. Its successor the Hamdanid Caliphate was still powerful, therefore it was the army reforms and new tactics which were the most significant reason in allowing the Byzantine to defeat the Arabs and make ains in the east. The seventh and eighth centuries were periods characterised by the ‘Themes’. These were military districts with their own military governor and individual militia to defend each province in response to the new Arab threat. In the ninth and tenth centuries there was a shift in this policy. There was greater need for a military force for offensive assaults rather than defensive purposes. This resulted in the creation of the Tagmata, a paid, disciplined and highly trained army.The Byzantine army â€Å"evolved into a much more offensive tactical structure the main causes being the need to operate effectively on campaigns which demanded more than the seasonally available theme armies. † The shift from regional militias to a professional and well-disciplined army was crucial for the Byzantine Empires expansion in the east. It gave the Empire the ability to launch offensive campaigns; thereby allowing the Empire to make gains in the east which would not have been possible using the thematic militias as they were not suited to such warfare.The introduction of new tactics and the reorganisation of the Byzantine army was a fundamental factor in the expansion in the east during the ninth and tenth centuries. Generals could utilise field manuals which produced â€Å"a flexible yet hard hitting force at their disposal that could respond appropriately to a range of different situations. † These field manuals also produced military drills to better prepare and improve the overall quality of their soldiers. The ‘De Velitatione’ is one example of these field manuals it states: There is no other possible way†¦for you to prepare for warfare except by first exercising and training the army under you command. You must accustom them to, and train them in, the handling of weapons and get them to endure bitter and wearisome tasks and labours. † The use of field manuals ultimately improved the quality of the commanders and the soldiers which he controlled. This produced a professional and disciplined Byzantine army which could launch attacks in the east; compared to the themed militias. The restructuring of the Byzantine army was important for increasing its ferocity and effectiveness in battle.There was a greater emphasis on the use of heavily armoured cavalry called the Kataphraktoi in the Byzantine army. They were required to have â€Å"iron helmets heavily reinforced so as to cover their faces †¦ so that only their eyes appear. They should also wear leg guards. They must have sturdy horses covered in armour †¦ of pieces of felt and boiled leather fastened together down to the knees so that nothing of the horse’s body appears except its eyes and nostrils. † The Kataphraktoi were the â€Å"elite strike force† within the army . The use of heavily armoured cavalry increased the destructive force of the Byzantine army when attacking.The reorganisation and new military tactics of the Byzantine army were important but this was assisted greatly by skilled leadership. In the ninth and tenth century the army benefited from strong leadership which was imperative for further expansion. The Emperor Nikephorous and the Emperor John I Tzimiskes are examples of excellent leaders. John I Tzimiskes appointed commanders who were â€Å"known for their skill and experience in military matters. † This was crucial as commanders who had experience and were skilful would be more able in battle; increasing the likelihood of victory in the east.Nikephorous is described as outstripping â€Å"every man of his generation for wisdom and intelligence. † Nikephorous understood the importance of a paid, highly-trained and equipped army. John Skylitzes notes that Nikephorous imposed additional taxes and even requisitioned supplies so that his army could be well paid and ready for campaign . This is vital as a paid and well supplied army will have greater morale for battle. The reform and the restructuring of the Byzantine army as well as its strong leadership was a decisive factor.The focus of the Byzantine military shifted from the thematic militias to a highly trained and disciplined army capable of defeating the Arabs on numerous occasions; including the capture of Crete in 961 and the siege of Tarsos in 965. The revival of the Byzantine economy is an important factor in the Empire’s ability to expand east in the late ninth and tenth century. A professional, large standing army would require a thriving economy to pay for it and in the ninth century â€Å"two-thirds† of state expenditure was spent on defence and the army .Constantinople was a major port for trade linking Europe to Asia. The Byzantine Empire produced valuable, high quality goods such as Byzantine Silk which was traded as far as modern England. There was a six-fold increase in the minting of bronze coins which is â€Å"evidence of a rise in trade. † The rise in trade within the Byzantine Empire increased the government’s resources as it benefited from higher tax revenue from imports and exports. Increased tax revenue resulted in greater military expenditure; providing the military equipment for the army which made it so effective in battle.This can be illustrated by the fact that although â€Å"average pay increase of some 62 per cent† and the rise in the army payroll of â€Å"140 per cent†, while the government still ran a surplus . The revival of the Byzantine economy was important, as it helped to finance and pay for the army yet this is subordinate to the reform of the Byzantine army. The revival of the economy allowed greater financing of the army for weapons and heavy cavalry. This is only a contributing factor to the Byzantine Military gains in the East.Greater emphasis of the Byzantine successes should be placed on the leadership, the reorganisation of the army and the use of new tactics; which caused the shift from the thematic militias to a professional army. The decline of the Abbasid Empire was a significant reason for the expansion of the Byzantine Empire in the east in the late ninth and tenth century. When the Byzantine Empire was experiencing a period of economic revival, the Abbasid Empire was experiencing economic decline. The richest area of the Abbasid Empire was Iraq and the â€Å"government was dependent on the revenue. The tax revenue of the Abbasid Empire was crucial for paying its army which had made the Arabs formidable. The Zanj rebellion of 869-883 was a serious slave r ebellion in south Iraq that â€Å"threatened the very survival of the caliphate and the struggle against them was a war to the death. † The Zanj rebellion was supressed, but the economic consequences were catastrophic for the Abbasid Empire. The slave farming and â€Å"large scale reclamation of land was never begun again and it seems unlikely that the city of Basra ever fully recovered. This rebellion caused the tax revenue of the Abbasid Empire to fall substantially in the long term from 100 million dirhams to 30 million dirhams by the beginning of the tenth century . The economic decline caused the Abbasid Empire to become increasingly unable to pay the salaries of its soldiers triggering instability, compared to the Byzantine Army which was paid regularly. The economic decline produced a â€Å"period when caliphs succeeded one another with bewildering speed: four different rulers being proclaimed and accepted as caliphs, of whom at least three were subsequently killed b y assassination or rebellion. The Abbasid Empire could no longer finance a large army as it had done in the seventh and eighth centuries and it was this inability to pay its soldiers that caused instability in the governing of the Empire. Ultimately the economic pressure caused the Abbasid Empire to split in the tenth century. In 929 the Independent Umayyad Caliphate in Spain was established and in 969 the Shiite Fatamids seized Egypt. What remained of the Abbasid Empire, closest to the Byzantine Empire was the new Hamdanid Empire. This had significantly less tax revenue and resources at its disposal which meant less revenue to spend on its army.Consequently the Hamdanid Empire was far weaker than its predecessor, making it easier for the Byzantine Empire to expand in the east in a period of economic revival and military reform. The decline of the Abbasid Empire caused the new Arab caliphate to be more susceptible to Byzantine attacks however it was the reform of the army which was the decisive factor for expansion in the east. Economic decline may have weakened the Abbasids ability to pay its army which caused discontent, yet it was still in a reasonably strong position at the beginning of the tenth century.The death of the Caliph Al Muktafi in 908 marks â€Å"the high point of the Abbasid revival. Not only were Syria and Egypt subdued but the treasury was full and the caliph left 15 million dinars. The army seems to have been effective and firmly under the control of the caliph and his civilian administrators. † The Abbassid Empire did not split until much later in the tenth century yet the Byzantine Empire was still able to inflict defeats including the battle of Lalakaon in 868 and at the Battle of Bathys Ryax in 872. Therefore the underlining factor which allowed the Byzantine Empire to expand to the east was its own army reforms.Even with the split of the Abbassid Empire and although the Hamdanid Empire was significantly weaker, it was still able to launch successful offensives against the Byzantine Empire. In 956 Saif al Daulah had â€Å"penetrated deeply into the Byzantine frontier region, caused a great deal of damage and dislocation to the local population and the military command, totally outmanoeuvred his enemy, outwitted them in a short, sharp field action, and returned safely laden with booty. † This emphasises that the Arabs were not weakened to such an extent where they could be easily beaten.It also highlighted consequences when the Byzantine commanders â€Å"failed to follow the strategy. † In the ninth and tenth centuries the Byzantine Empire was able to make gains in the east. This was a result of a period of Byzantine revival and the Abbasid Empires decline. The economic revival of the Byzantine Empire was beneficial as there was greater trade which increased tax revenue which in turn paid for the army. The Abbasid Empires economic decline in the long term caused the eventual split of the empire making it much weaker and open to Byzantine attacks.The most fundamental factor was the reform of the army, the use of new tactics and the reorganisation of the Byzantine military. The shift from thematic militias to a disciplined and highly trained army using heavy cavalry was crucial in the expansion in the east. Bibliography HALDON, J. , ‘Byzantium at War’, in The Fall of Constantinople: The Ottoman Conquest of Byzantium. Tempus, 2007. HALDON, J. , The Byzantine Wars. Tempus, 2001. HOURANI, A, A. History of the Arab Peoples. Warner Books 2009. KENNEDY, H. , The Prophet and the Age of the Caliphates. The Islamic Near East from the Sixth to the Eleventh Century.Pearson Education, 1986. LEO THE DEACON, The History of Leo the Deacon: Byzantine Military Expansion in the Tenth Century, trans. A. -M. Talbot and D. Sullivan. Dumbarton Oaks, 2005. LUTTWAK, E. N. , The Grand Strategy of the Byzantine Empire. Harvard University Press, 2009. Nikephoros II Phokas, Praecepta Milit aria in E. McGeer, Sowing the Dragon’s Teeth: Byzantine Warfare in the Tenth Century. Dumbarton Oaks Research Library and Collection, 1995. SKYLITZES, John, A Synopsis of Byzantine History, 811-1057. Cambridge University Press, 2010. TREADGOLD, W. , The Byzantine Revival, 780-842. Stanford University, 1988.

Monday, September 16, 2019

Aphasia Essay

The terms ‘jargon aphasia’ and ‘jargon agraphia’ describe the production of incomprehensible language containing frequent phonological, semantic or neologistic errors in speech and writing, respectively. Here we describe two patients with primary progressive aphasia (PPA) who produced neologistic jargon either in speech or writing. We suggest that involvement of the posterior superior temporal–inferior parietal region may lead to a disconnection between stored lexical representations and language output pathways leading to aberrant activation of phonemes in neologistic jargon. Parietal lobe involvement is relatively unusual in PPA, perhaps accounting for the comparative rarity of jargon early in the course of these diseases. Aphasia is a communication disorder. It’s a result of damage or injury to language parts of the brain. And it’s more common in older adults, particularly those who have had a stroke. Aphasia gets in the way of a person’s ability to use or understand words. Aphasia does not impair the person’s intelligence. People who have aphasia may have difficulty speaking and finding the â€Å"right† words to complete their thoughts. They may also have problems understanding conversation, reading and comprehending written words, writing words, and using numbers What Causes Aphasia? Aphasia is usually caused by a stroke or brain injury with damage to one or more parts of the brain that deal with language. According to the National Aphasia Association, about 25% to 40% of people who survive a stroke get aphasia. Aphasia may also be caused by a brain tumor, brain infection, or dementia such as Alzheimer’s disease. In some cases, aphasia is a symptom of epilepsy or other neurological disorder. What Are the Types of Aphasia? There are types of aphasia. Each type can cause impairment that varies from mild to severe. Common types of aphasia include the following: * Expressive aphasia (non-fluent): With expressive aphasia, the person knows what he or she wants to say yet has difficulty communicating it to others. It doesn’t matter whether the person is trying to say or write what he or she is trying to communicate. Receptive aphasia (fluent): With receptive aphasia, the person can hear a voice or read the print, but may not understand the meaning of the message. Oftentimes, someone with receptive aphasia takes language literally. Their own speech may be disturbed because they do not understand their own language. * Anomic aphasia. With anomic aphasia, the person has word-finding difficulties. This is called anomia. Because of the difficulties, the person struggles to find the right words for speaking and writing. * Global aphasia. This is the most severe type of aphasia. It is often seen right after someone has a stroke. With global aphasia, the person has difficulty speaking and understanding words. In addition, the person is unable to read or write. * Primary progressive aphasia. Primary progressive aphasia is a rare disorder where people slowly lose their ability to talk, read, write, and comprehend what they hear in conversation over a period of time. With a stroke, aphasia may improve with proper therapy. There is no treatment to reverse primary progressive aphasia. People with primary progressive aphasia are able to communicate in ways other than speech. For instance, they might use gestures. And many benefit from a combination of speech therapy and medications. Aphasia may be mild or severe. With mild aphasia, the person may be able to converse yet have trouble finding the right word or understanding complex conversations. Severe aphasia limits the person’s ability to communicate. The person may say little and may not participate in or understand any conversation.

Sunday, September 15, 2019

PACCAR System Lab Essay

1. Why did PACCAR commit such a large amount of resources to electronic systems during the recession? PACCAR decided to commit such a large amount of resources to electronic systems during the recession because they knew it was something they needed to introduce in their company to stay competitive. It also would help their staff with smart technology as it relates to navigation and engine performance. PACCAR knew that with these upgraded systems they could both have better intelligence for their customers as well as better navigation and output readings for their drivers. Even though it was during a recession, PACCAR saw this as an opportunity to do some in house improvements. 2. What are the beneï ¬ ts of PACCAR’s new navigation system and diagnostic system to truck drivers? The benefits of PACCAR’s new navigation system and diagnostic system to truck drivers are abundant. With the new diagnostic system drivers can keep an eye on anything wrong with their truck and with new software updates to only add gauges, it seems like drivers will be able to see a small problem and fix it before it becomes a bigger problem. The new navigation system shows drivers heights of bridges, weight limits on bridges, rest stops, weigh stations, and anything else a driver may need. As we all know it is hard navigating somewhere you’ve never been before. With this navigation system the driver doesn’t have to worry about any height or weight issues because the system knows any restrictions. 3. What are the beneï ¬ ts to PACCAR of collaborating with outside companies in building new systems? Some benefits to PACCAR collaborating with outside companies in building new systems are that they have an already knowledgeable group working on the new systems and that they, in turn, get taught that knowledge and can take on  the responsibility of upkeep and updating the system after it has been integrated. When you are not an expertise in software development and things like that, trying to just do everything in house can be just as, if not more expensive as getting someone to do it that knows what they are doing. Not only that, but if you mess something up, you may not even realize it until it is way too late, causing more problems. Also what better way to learn then from watching and working with someone that is an expert in the field. By gaining all of that experience and know how, PACCAR can now create updates and fix issues on their own without having to outside consult anymore, unless it is necessary. 1. Describe the reasons that Hilton decided to collaborate with IT partners rather than develop its own information systems in house. Hilton decided to collaborate with IT partners rather than develop its own information systems in house because they knew what a huge undertaking developing its own information systems would be. Hilton had different business it needed to deal with and it had no real knowledge of the IT world, so it needed some help. We know it was a huge undertaking because they asked five different companies to run five different parts of their IT. This leaves Hilton the ability to run its business and not have to worry about things like IT. 2. What are the problems associated with collaborating with ï ¬ ve large strategic IT partners? Provide speciï ¬ c examples to support your answer. Some problems associated with collaborating with five large strategic IT partners would be each company has its own strategy. For example, IBM and Microsoft do a lot of the same things, so how does Hilton decide who runs what, or who has power to adjust things over the other. Does IBM run all the data collection and storage with its server knowledge or does Microsoft because Hilton is using their software. At the same time, all of this is done wirelessly, so when there is a problem, who do we contact? The network provider, who is AT&T, or the server provider IBM. It can get tricky, but I am sure Hilton has a team that sorts these type of problems out.

Saturday, September 14, 2019

How Useful Is It as Evidence for an Historian Studying

To an historian studying the outbreak of the Kappa Putsch this Is a useful factor to take Into consideration; this source shows us the troubles of Germany, about the factors, which lead people to have an uprising. It is understandable when reading an extract that they had to act out, as they were feeling betrayed and angry at Germany. We can see that they the nation was feeling this way, as in the extract it is quoted that, â€Å"The Reich and the nation are in grave danger. † Moreover, â€Å"people are only dimly aware of the approaching disaster.Prices are rolling unchecked. Hardship Is growing. Starvation threatens. † I know that Because of the demonstrable of the armed forces, there were nearly 200 paramilitary units around Germany by 1919. In 1920, about 12,000 members of the Fireworks marched on Berlin and seized the main buildings of the capital virtually unopposed, where they installed a new government. The German army did not provide any resistance to this Puts ch. In spite of requests from Bert to put down the rebellious forces, the army was not prepared to become involved with either side.We can see that the people lost faith In the government as With terrible speed, we are approaching the complete collapse of the state and of law and order. â€Å"And† The present government is incapable of overcoming the danger. â€Å"This was the pushing mint which made the people get involved, they now know without their input Germany as they know it will only get worse. However, in this new government, strikes were banned but the people carried on as their beliefs and motives suppressed the at hand and the opportunity must be grasped.There is no other way but a government of action, the new government will ruthlessly suppress strikes and sabotage. † Moreover † striking is treason to the nation and the Fatherland. † back up these points I have made. It is useful to know that even though the prices were raising that â€Å"Eve ryone should go peacefully about his work. Everyone willing to work is assured of our firm protection â€Å"people stood up for what they believed in and strike regardless of this point.Overall, I believe this is a very useful source for a historian studying the outbreak of the Kappa Putsch of 1920, due to the use of literacy devices used it shows the way in which the German politicians presented their ideas and how they shared their opinions on this topic. (b) Using all the sources, and your own knowledge, assess to what extent the Kappa Putsch and other political uprisings represented the greatest threat to the Whimper Republic in the period 1919-1923. 5] Taking all of the sources into consideration, it is useful as we get a left wing response, a right wing response and an impartial response with the benefit of hindsight, therefore we can get a moderate opinion of the situation. From my own knowledge in the early years of the Whimper Republic, there were many political threats fr om left and right towards the new Government. The Separatists had extreme left wing political views (Communist) this group split from the SSP in frustration and anger at the Spud's role within the Government.The leaders of this Communist Party were Karl Libertines and Rosa Luxemburg. On January 1st 1919, the members of the Separatists movement rose up in an attempted revolution. The group's leaders initially made this move. The new Government acted promptly and were certainly not stymied with their actions to bring this revolution to an end, As the two main leaders were killed whilst in police custody, The fret-corps (a paramilitary group consisting of former Servicemen) broke down this â€Å"revolution† with force.This issue is acknowledged in source c – â€Å"The Whimper Republic faced its first threat, the communist-inspired Separatists rising. Another well known historian to back my points up is Broacher who states; – â€Å"Contends that the occasion fear of revolution from the left by the early Whimper government, led to their overlooking the much more likely threat posed by the right. We can SE that the Kappa putsch was the first attempt from the right wing extremists, to take control of the constitutional government. (They did this because they favored the restoration of some somewhat authoritarian, dictatorial regime).The Kappa Putsch was led by Wolfgang Kappa The right wing extremists wanted the army to regain its numbers of men in a dictatorial regime. This was not possible because in the signed treaty of Versailles there was an agreement that the army must be cut and no more people could Join the army. The events occurred as followed 1920 about 12,000 members of the Fret-corps (in support of the Kappa putsch) marched to Berlin this is where they seized the main buildings of the capital with ease and no force was set up against them in these buildings was where they installed a new government.The German army did not it he told the German army to put down the rebellious forces, the army was not prepared to become involved with either side. This is also due to the support it had from the army as many significant officers chose to support it the army-followed suit (General Ludwig and General Oldenburg. Ludwig had major involvement and he orchestrated an uprising in Berlin on March 13th. Army troops were sympathetic to the uprising, they took control of Berlin, and Ludwig proclaimed right wing government.The putsch soon ended because SSP members of the government had called for a general strike, which soon paralyses the capital and quickly spread to the rest of the country. (The morale within Germany is strong here as they stuck together o end what was wrong â€Å"Kappa Putsch†) The rebels had little support in Berlin and in Germany elsewhere. It soon became clear that the Army couldn't of been taken for granted, there was no universal support for the Whimper government also the government had limited means of dealings with uprisings of this nature and politicians were not necessarily safe in Berlin this shows a near end to the Kappa Putsch.After four days of this political uprising and after putting Berlin on a stand still, with no/little support it was clear that Wolfgang Kappa and his government gained no real authority and they fled the city. There is evidence of this in sources b and c : â€Å"A military putsch has started. The mercenaries, who were afraid that their Fireworks regiments would be disbanded, have attempted to overthrow the Republic and establish a dictatorial government with Kappa and General von L;twits at its head. † And in 1920, came a second attempt to overthrow the Republic, this time by the right wing Kappa Putsch. It is stated in source C that A brief period of relative calm followed, only to be disrupted in 1923 by hyperinflation that threatened economic chaos and undermined the government's reputation. The Communists were overcautious during th e mass protests of 1923 and acted too late in the â€Å"German October† of 1923†³ this is a big threat to Germany both politically and economically as well as destroying even more of the remaining morale. The hyperinflation crisis increased support for the more extremist parties such as the Nazis would use the hyperinflation crisis to portray their beliefs on how a country should be run.This was very threatening towards the Whimper republic/government propaganda against the government damaged it and lost supporters. The next political uprising to occur was the Munich putsch, which took place from 8-9 November 1923. As the economy floundered and the government struggled to cope with the turmoil, a group of Right Wing politicians in Bavaria planned to take this opportunity to overthrow the government. This event is iconic as it was the first event that Hitler is introduced. However, The Nazis were far too weak on their own to stage any kind of political takeover.It was the need for allies, which led Hitler into negotiations with the right wing Government leaders Kara, Kisser and Lows who had planned this uprising to commence. The Munich Putsch took place from 8-9 November 1923. Reasons behind their rebellious behavior were the developing crisis in Germany in 1923. Due to the Franco-Belgian occupation of the Rue as they took payment in kind, passive resistance, hyperinflation and â€Å"The German October,† Kara and Lows blamed most the republican regime with a â€Å"March on Berlin† from Munich.They lacked faith in this political stunt/ uprising and therefore, they decided to abandon the plan but Hitler wanted to proceed with the Nazis they took control of a large rally, which Kara was addressing in one of Eunuch's beer halls and declared a â€Å"national revolution. Under pressure from the Nazis and Hitler Kara and Lows appeared to co-operate, but General Sect, the chief of the Army Command who was suspicious of Hitler, used his powers to command the armed forces to resist the putsch.The police were notified and the police and a gun battle followed informed the army about this uprising on the day of the putsch the Nazis marched on but were met. In this putsch inn this putsch 16 Nazi supporters were killed and the uprising was easily suppressed. Most of the Nazi leadership were arrested and then put on trial for reason; leading sympathizers including General Ultrasound was also arrested. The consequences of the Munich putsch were probably of the more significance than the uprising it's self.At Hitter's trial, he was given special treatment as was allowed to make long speeches to explain his reasons. Hitler is well known for many terrible things but I believe the most dangerous is his talking skill; Hitler has an orator characteristic therefore, he can easily convince people. This skill transformed him from a little known politician into a champion of the right wing. This is mentioned in source c. Finally, in Novem ber 1923, came another right-wing assault, the Munich Putsch led by Doll Hitler.The Whimper Republic survived because the extremist forces of both Left and Right failed to attract much support and were both divided and disorganized. † Using all the sources, and my own knowledge, I have assessed to what extent the Kappa Putsch and other political uprisings represented the greatest threat to the Whimper Republic in the period 1919-1923, it is clear to see that this was not the best time for the Whimper Republic as they faced a lot of opposition from the angered and betrayed Germans

Friday, September 13, 2019

Accounting Theory British Petroleum

As per Tagesson (2014), most of the corporation activities affect the biodiversity or the environment either directly or indirectly. Therefore, this report has been prepared in order to study and understand the direct as well as the indirect impacts of a renowned corporation named British Petroleum Limited on the ecology. Thus, here, a case study on British Petroleum Limited has been studied and analyzed in detail in order to find out the issues related with the firm. It has been found that the particular company mainly has three issues. At first, consequence of oil spill on ocean ecosystem, secondly, lack of ecology services for governing risks and thirdly, lack of regulation sketch for noticing the reinstatement cost.   Ã‚   Depending on the provided case of British Petroleum, it has been noticed that the specified company is not capable to measure its reinstatement cost. As a result of this, the company analyzes this cost with respect to monetary terms. In addition, it has been identified that British Petroleum does not provide much significance to the harm it causes to the environment. Besides, the company counts this as products that cannot be marketed. So, British Petroleum should focus on the same and measure the value. It has been found that the government of the nation counts the firm as liable to pay fine as it causes harm to the ecosystem through causing oil spills, though the company does not portray the total damages done by it clearly (Ball 2016). As a result, the chief intention of preparing this report is to alert the firm British Petroleum regarding the spoils done by it to the environment.    The report mainly deals with the collection of data from both secondary and primary resources, so both primary and secondary as well as qualitative and quantitative analysis will be performed. Telephonic or face-to-face interview (qualitative analysis) and questionnaire survey (quantitative analysis) will be performed here. The secondary resources include – websites, articles and scientific journals. In order to collect accurate and authentic information, researcher will gather data from the inhabitants of Gulf Coast where oil spills occurred and employees of the company through survey. Nonetheless, both the staffs and the inhabitants of the region might falter to answer the researcher to the survey questions due to the nature of the research (Guthrie and Parker 2014). Oil spills are a type of pollution and thus all the firms of the petroleum sector should remain alert about this. However, British Petroleum does not portray the damages it done to the environment through oil spills. Moreover, the firm is found to cause more incidental oil spills than accidental oil spills. The later pattern of spill occurs accidentally and thus it is named so, but the former kind occurs due to the carelessness, negligence and ignorance of the employees and management of British Petroleum. Both the types of oil spills affect the ocean ecosystem (environment) directly and this has leaded to increase in mortality rate in marine ecosystem. Therefore, the company should pay the cleanup amount and fine charged by the government, but BP Limited aims to cover all the damages done by it to the ecological wealth (Dull, Schleifer and McMillan 2015). It has been found that ecological damage measurement as well as detection is very difficult, so the corporation measures it with respect to monetary value.   Ã‚  Ã‚  Ã‚  Ã‚   The stakeholders of British Petroleum fully trust on the corporation regarding its moral standards and ethical standards, so it should put steps forward for betterment of the ecological and social wealth (Henderson et al. 2015). Furthermore, British Petroleum should follow all the accounting standards of the environment for making it a trustworthy organization for the stakeholders. These standards will assist the corporation to widen a strong relationship between the organization, environment and ecosystem.   Ã‚   It is a common factor that most of the organizations of oil and petroleum industry break their penalty or fines by the application of political bargaining. However, the application of the political bargaining approach does not help the firm to recover all the damages done by it to the ecosystem. Thus, the organization British Petroleum should imply any process-adjusted structure in order to resolve all the risks associated with its operations. Moreover, it can be said that this particular process is considered as the required one for each firm of the particular sector. It has been found that the â€Å"accidental oil spills† generally arise due to collide of autocratic action as this results into featured accounts (Molisa 2014). The unveiled data of a firm is very important for the management department as it helps in estimating the endeavor point for reinstatement cost. Therefore, lack of regulation sketch might affect the corporation negatively, especially in the process of i dentifying reinstatement cost, so the mentioned approach is important for every organization of the oil and petroleum sector. In this research work, the researcher will implement primary research process as well as secondary research method. Thus, from both the primary and secondary resources, the researcher will gather data for better analysis. Thus, the researcher will target the people who live in Gulf Coast and the workers of BP Limited for performing questionnaire survey. In addition, secondary data will be gathered from the secondary sources (like – websites, journals and articles).    The researcher will collect information from a fixed sample size of 50 employees and 150 residents of Gulf Coast and this sample will be selected randomly. The selection of the samples can be done through various techniques, however, in this work, â€Å"Probability Sampling Technique† will be used. There are various kinds of oil spills that generally take place due to the activity of the organization British Petroleum and the percentages of occurring various kinds are shown below: Figure 1: Various patterns of Oil Spills and Their Occurrence Percentage In addition to this, it has been found that due to increased percentage of occurrence of oil spills, the mortality rate of the marine ecosystem has also been increased noticeably. It has been found that the oil spills majorly affect the ocean ecosystem as various kinds of spills take place on a short interval of time. These are: As per the data collected from Gulf, it has been came to know that the oil spills chiefly affect the ocean ecosystem, deepwater but it also affect the other parts of the environment. With the passage of time, the demand as well as the supply of the oil increased, but the workforce, numbers of staffs and contractors started to decrease as the occurrence of oil spills of the firm started to increase. Moreover, the information regarding the budget of Deepwater Horizon has been collected from the organization’s employees and it can be enhanced through the following chart: Figure 4: Financial Plan of Deepwater Horizon On the other hand, the reinstatement cost can be better explained through the following pie chart: Figure 5: Lack of Regulation Sketch Here, genuine information has been collected from both the kinds of resources (secondary and primary) and the participants of research survey can keep trust on the researcher of the project as the gathered data will not be unveiled. It can be concluded that British Petroleum should keep notice on the damages done by it the environment and should implement the accounting standards of environment. Moreover, fines paid by the firm to the government are not enough for improving the harm cause to the ecology. Baker, C.R. and Burlaud, A., 2015. The historical evolution from accounting theory to conceptual framework in financial standards setting.  The CPA Journal,  85(8), p.54. Ball, R., 2016. Why We Do International Accounting Research.  Journal of International Accounting Research,  15(2), pp.1-6. Bp.com. 2017.  Bp.com. [online] Available at: https://www.bp.com [Accessed 18 Jan. 2017]. Deegan, C., 2013.  Financial accounting theory. McGraw-Hill Education Australia. Dull, R.B., Schleifer, L.L. and McMillan, J.J., 2015. Achievement goal theory: the relationship of accounting students’ goal orientations with self-efficacy, anxiety, and achievement.  Accounting Education,  24(2), pp.152-174. 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