Increase College Essays Samples For Students

Chapter 10

Question#1: Use Keynesian cross to explain why fiscal policy has a multiplied effect on national income.
Answer: The equation for calculation of national income under Keynesian model is Y=C+I+G+(X-M). In this formula, the Y denotes national income, C denotes level of consumption, I denote level of investment done in the economy, G denotes government’s expenditure, X denotes imports, and M denotes imports of an economy. With the help of this formula, the governments drive fiscal policies for the economy. With the help of this equation, it has been said by Keynes himself that when the ...

Chapter 10:

Question1.
As government expenditure increases, the income increases. This increase in income leads to a rise in consumption expenditure. A 1 unit rise in income leads to a rise in consumption by the marginal propensity to consume. As consumption expenditure increases, this induces further increase in output in the economy. So income increases. The increase in government expenditure creates a multiplier effect. This multiplier depends on the marginal propensity to consume (MPC). Higher the MPC higher is the multiplier effect.

The money market is at equilibrium when the demand for money equals the supply of money. The demand for money has ...

Trump is the leading presidential candidate of the Republican Party, and he is campaigning under the slogan of make America great again. His campaign slogan is based on several extreme economic and social policies. The economic policies of a president are mainly macroeconomics policies that affect all the components of the country’s gross domestic product. His main economic policies touch on taxes, labor supply, investments, and international trade. He looks forward to cutting individual and cooperate taxes, increasing the volume of exports, decreasing imports and increasing private investment (Trump, 1).
The most popular and extreme economic policy that ...

Factors influencing House prices

Housing market operates under similar conditions which the other categories of markets operate in. Notably, the same factors that affect demand, supply as well as prices in other markets also do apply in the case of housing market. Arguably, house prices have become one of the common topics that are being discussed in almost all parts of the world. There are a number of factors that affect the housing market. Basically, as mentioned above, just like any in commodity market, housing market is generally controlled by supply and demand forces. Therefore, the major objective of this essay will be to ...

Determination and interpretation of elasticities

Demand function, QD = -3,500 – 150P + 30A + 75PX + 10 Y
P = 300 cents, A = $750, PX = 200 cents and Y = $10,000
QD = -3,500 – (150 × 300) + (30 × 750) + (75 × 200) + (10 × 10,000)
= -3,500 – 45,000 + 22,500 + 15,000 + 100,000
= 89,000 units

Price elasticity of demand

Price elasticity of demand = ∂QD∂P × PQD

Change in quantity demanded/change in price, ∂QD∂P is the coefficient of price, P in the demand equation.

∂QD∂P = -150
QD = 89,000
P = 300 cents
PED = -150 × 30089,000
= -0.5056
The above price elasticity of demand indicates that the quantity demanded of the low-calorie, microwavable food decreases by 0.5056% for every increase in price by one cent. The elasticity is less ...

The concept of full employment, or the natural, frictional, and rate of unemployment plays a central role in macroeconomics and its policy. Let's start with natural employment. The determinants of the natural rate of unemployment are duration and frequency of unemployment. The duration of unemployment depends on cyclical factors in addition to the structural characteristics of the labor market. The organization of the labour market including the presence or absence of employment agencies , youth employment services. The demographic makeup of the labour force. The ability and the desire of the unemployed to keep looking for a better job which ...

NOBODY STATE UNIVERSITY ECONOMIC ADVISORY

The Nobody State University as described faces a critical financial challenge that requires a careful analysis. The decision taken shall have a critical impact on the financial aspects of the university. This is an advisory paper using the best micro-economic approaches available.
If the Nobody State University increases the tuition fee, the following scenarios may occur. According to Robert and Frank (2008), an increase in price leads to a corresponding decrease in demand. In this case, the raising of the tuition fee may not necessary lead to an increase in revenue. It can increase, remain the same or go down.
The ...

PART 1

Question 1
If the price elasticity of demand for firm X’s product is -1.75, lowering its price will result in an increase in total revenue. This is because a negative price elasticity of demand implies an inverse relationship between price and quantity demanded. It indicates that an increase in price leads to a decline in quantity demanded and a decline in price leads to an increase in quantity demanded. In addition, the price elasticity of demand is more than 1 in absolute terms hence a change in price leads to a more than proportionate change in quantity demanded. A 1% decrease in ...

The IS LM model or the Hicks –Hansen model is the macroeconomic tool that shows the relationship between the interest rates and the real output of goods and services and the money market. The intersection of the investment - saving curve or the IS curve and liquidity preference curve or the money supply curve is the general equilibrium in both the markets .This model explains the changes in the national income when the price level is fixed in the short run and also shows the reason for the shift in the aggregate demand curve. It was first developed by ...

MEM 695

Abstract
The purpose of this research paper is to introduce the different types of energy resources utilized worldwide. This paper discusses the history of the different resources used, starting with the utilization of conventional fossil fuel based technologies, the emergence of nuclear power and finally, the commercialization of renewable energy resources. The main objective of this research paper is to provide an insight on how these energy sources are accessed, utilized, distributed and developed. The paper also seeks to impact of the utilization of these various energy resources on the environment, especially the effect of continued utilization of ...

I am interested in writing about economic growth. This topic is so timely because the economy of US was reported to grow in the third quarter of this year. The growth in the economy was due to increases in inventories and export, thereby raising the gross domestic product to 2.7% during the third quarter.
Economic growth is a very important indicator of the economy as it signifies increase in the productive capacity of the country over time that leads to increases in national output and income. It is the increase in the total output of a country over time and ...

Introduction

India government spending has been increasing over years. Currently the country is experiencing a budget deficit of 4.3% of gross domestic product. Sizeable amount of the deficit is financed by borrowing internally, however considerable amount is also borrowed externally. The high budget deficit is attributable to increased spending on direct cash subsidies and weak economic growth outlook which does not allow the government to increase tax. The subsidies which have lately been increased are petroleum and food subsidies. On the other hand, the weak economic performance has been attributed to decreasing external and internal demand of India’s goods and ...

Analysis under this model requires the examination of performance data over a specified accounting period (Marchetti, 2005). The paper analyses the performance of Competition Bikes and applies methods to pursue the same. This method relies on the final financial statements in the form of the balance sheet and the income statement. According to the returns of year 6 and 7, the revenue raised by 33% as contrasted by a year 7 and 8 net slump of 15%. This decline is a weakness. It is likely that during the second trading period; a recession had gripped the economy, thereby, reducing the returns. In addition ...

The American Civil War led to the reduction of government revenue and large debts amassed from the financing of war operations. One strategy that the government implemented was using taxes to raise the funds from the public. This approach led to certain products being taxed, for this reason, one of them being tobacco. However, with time, these taxes were effectively recalled with the exception of cigarette taxes, which have remained to the present time. Tobacco has been identified as one of the oldest crops in the U.S and has also been cited as one of the most successful enterprises, ...

Expansionary Fiscal Policy

Fiscal Policy refers to the federal government use of spending and taxation to meet the macroeconomics goals. At the time of recessionary periods, the federal government, in order to smooth the economic cycles, reduce the taxes and increase the government spending g. Important to note that each of these measures has an important effect on the aggregated demand, GDP and employment and the same is discussed below:

Effect of reduced rates of Taxes:

As a general phenomenon, income taxes reduce the incentive to work by creating a tax wedge between pre-tax and after-tax wages. Thus, at the time of the recessionary period, the federal government in order ...

This paper is able to explain various effects of climate change affect food security and how this affects water. These factors include temperatures, carbon dioxide.
2. Body
Paragraph 1. Effects of increase in temperature to rainfall.
Paragraph 2. Effects of temperature change on plant growth pattern.

Paragraph3. Effects of carbon dioxide on temperature

Paragraph 4. Effects of carbon dioxide change on weeds.
Paragraph 5. Effects of change in heat on animal production.
Paragraph 6. Effects of temperature on livestock yield.
Paragraph 7. Effects of climate change on fish.
Paragraph 8. Effects of temperature on sea weed.
3. Conclusion.
...

Following the American Psychological Association’s Guidelines

INTRODUCTION
The economy management of the country has two kinds of policies to intervene and regulate the markets in case of market failure: Fiscal policies and Monetary policies. Fiscal policies are the responsibility of the government, and the monetary policies are implemented by the Federal Reserve System (FED). The economic policies can be implemented in two ways: expansionary and contractionary economic policies. Expansionary policies stimulate the economy and expenditures of consumption and investment increases as the result of these policies. Contractionary policies slowdown the economy, and the expenditure level decreases. In this essay, the definitions of the fiscal ...

Abstract

Over the years, the number of nurses in the hospitals and other medical institutions is one which tends not to meet the desired levels of nurse to patient levels. Various researches have been carried out to show the various causes of this occurrence and some have even been able to show how the issue can be effectively tackled which leads to the increase in the number of medical personnel in the hospitals. These methods intended to increase in the number of personnel in the hospitals are one which is a problem of each and every individual within the society. ...

This analysis considers the cost behavior of the various cost items in order to determine the cost and profit at various levels of activity. Fixed costs are costs that do not vary with changes in output. Variable costs are costs that change with changes in output. Semi-variable costs are costs that are partly variable and partly fixed. Stepped fixed costs are costs that remain at a particular level of activity but step-up to a new level when activity level exceeds a particular point (Drury, 2012).
In this case, the cost items are classified into either fixed costs, variable costs, ...

Keynesian Prescription To Fix Insufficient Aggregate Demand

Why Keynesians Believe That The Economy Is Demand-Driven
The most important plank in all of Keynes´s economic theories is the belief that
aggregate demand is the primary determinant of the health of an economy (Jahan, Mahmud,
& Papageorgiou, 2014). Keynes disagreed with Say´s Law – which was largely considered
demand.¨ Keynes on the other hand believed the exact opposite to be true. Namely that
demand drives production. He believed that economies are composed of aggregate demand
which are caused by an aggregate amount of spending. Therefore when people spend an
insufficient amount of money unemployment will occur (Keynesian Economics ...

Population Pyramid of Belgium (2010)
Population Pyramid of Belgium (2050)
Population Pyramid of China (2010)
Population Pyramid of China (2050)
Write a short essay describing how the age structure of Belgium and China are expected to change over the next 40 years. How are they similar or different? Belgium In the structure of the Belgian middle-aged population is expected to increase. The citizens between 40 and 70 are expected to increase in the overall structure of the population. There is evidence that the life expectancy statistics is set to increase within 40 years. The life expectancy ...

GDP

- Y = C + I + (X - M)+ G

Where

Y= GDP
C= Consumer Expenditure
I= Investments
X= Exports
M= Imports
G= Government expenditure
Thus, Y= $1000+$200+$300+$200
Y= $1700
- If we increase our domestic energy production, it will help us to import less energy from foreign countries, thus decreasing the value of imports. This will increase the excess of exports over imports and thus increase the GDP of the country.

Inflation

- Rate of inflation= (Current CPI – Previous CPI)/Previous CPI * 100
Rate of inflation= (111-106)/106*100 = 4.717%
...

[INSERT TITLE HERE]

This paper was prepared for [INSERT COURSE NAME], [INSERT COURSE ASSIGNMENT] taught by [INSERT INSTRUCTOR’S NAME].
Part A
Winter starts and the weather turns sharply colder.
The demand for the hot chocolate will increase while the supply at first remains the same. An increase in the price of hot chocolate shall arises from scarcity of hot chocolate that in turn arises from increase in price. An increase in the price leads to an increase in the supply.
Graphically increase in the prices of hot chocolate only leads to changes along the ...

Demand function (QD) = -5200 - 42P + 20PX + 5.2I + 0.2A + 0.25M
Where; P= 500, PX=600, I=$5,500, A=$10,000 and M=5,000

Replace values in the equation;

QD = -5200 - 42(500) + 20(600) + 5.2(5,500) + 0.2(10,000) + 0.25(5,000)
= -5200 – 21,000 + 12,000 + 28,600 + 2,000 + 1,250
= 17,650
Price elasticity of demand = ∂QD∂P×PQD
∂QD = change in quantity demanded, ∂P = change in price; P= price, QD = quantity demanded
∂QD∂P = -42 QD= 17,650 P= 500
Price elasticity of demand = -42 ×50017,650
= -1.1898
The above elasticity indicates that the product’s quantity demanded ...

U.S. Fiscal and Monetary Policy

Fiscal policy

Fiscal policy denotes the use of government spending and taxation in order to steer the economy to the desired direction at a point in time. There are two types of fiscal policies, and they include the contractionary and the expansionary fiscal policies. In contractionary fiscal policies, the government enacts policies aimed at reducing the production in the economy. These could entail an increase in tax and lowering the government expenditure in the economy. On the other hand, the expansionary fiscal policies entail the policies adopted by the government with a view of increasing the overall output ...

Summary of the Article

The article discusses the importance of price elasticity of demand level in the economy in determining tax imposed on tobacco. A household survey conducted in the UK reveals that a whopping 10.2 million of the population were cigarette consumers in 2007. Policy makers are showing increasing focus on promoting public health and attempting to discourage tobacco consumption by imposing stringent tax on tobacco. Tax on tobacco has been increased considerably in the last decade in order to reduce the number of tobacco consumers in the country. However, the effectiveness of higher tax on tobacco will be determined by price elasticity ...

Assignment 1: Demand Estimation

Demand and Supply Estimation
Based on the given information, we will calculate the elasticities of different variables.
For the first demand function, QD = - 5200 - 42P + 20PX + 5.2I + 0.20A + 0.25M
Price of the microwave oven, P = 500,
Price of leading competitor’s product, PX = 600
Per capita income, I = 5,500
Monthly advertising expenditure, A = 10,000
Substituting the values of P, M, PX, I and A in the above equation, we will get the value of quantity demanded as,
QD= - 5200 – 42(500) + 20(600) + 5.2(5500) + 0.20(10000) + 0.25(5000) = 17,650 units
Price Elasticity ( ...

Inappropriate Usage of Natural Resources

Introduction
Natural resources include oil, gas minerals and forests. Exploitation of these natural resources influences the economic development through earning of foreign exchange in exportation of these resources (Lodhi and Makki, 2010). According to Busse and Groning (2011), natural resource abundance influences the economic and social development of a country. Hence in certain countries polices developed may overlook the exploitation of the natural resources. However, natural resources are by nature scarce and their overexploitation by humans is increasing (Lodhi and Makki, 2010). Human activities are significant in influencing environmental changes that have resulted to development of global warming. Human ...

BUSINESS ECONOMICS: THE UK ECONOMY

- Introduction3
- Reasons for Economic Downturn in 2008/094
a). Financial Crisis4
b). Business Cycle4
c). Government Policy before Crisis5
- Analysis of the Effects of the Downturn6
a). Microeconomic Effects6
1). Effects of Households6
2). Effects on Businesses6
b). Macroeconomic Effects7
1). Effect on Unemployment7
2). Effect on GDP and Inflation7
3). Effect on Share Prices and Company Profits8
- Government Policies Aimed at Recovery8
a). Fiscal Policy8
b). Monetary Policy9
c). Austerity9
- Actions/Steps Taken by the Government9
- Expectations of the Government Actions10
...

ABSTRACT 3

INTRODUCTION
Background 4
Information Sources 4
Limitations 4
ANALYSIS
Presidential Election and the Economy 5
CONCLUSION
Summary and Interpretation of Findings 12

REFERENCES 13

Abstract
This paper presents an analysis of the article entitled The Growth Recession of 2012 and the Presidential Election published by Forbes.com in October 2012. The purpose of the paper is to present a recently published article and provide an analysis in light of the principles and theories of economics.
The discussion involves the analysis of a recent article by relating it to the theories and principles of Economics specifically ...

The most recent event in the country that I can think of is the 2012 Presidential Election. What has this to do with the economy?

The most obvious connection between a presidential election and economic activity is that, if the incumbent government is eyeing for a reelection, then pre-election programs include execution of expansionary fiscal policy since such policy (either increase in spending or a tax cut) tend to increase economic growth, reduces unemployment and increases the political support for the politician.
I learned that fiscal policy pertains to discretionary changes in government spending and tax collection with the goal of ...

Dan Price read in an article that employee happiness will increase when they are less stressed due to financial problems (Cohen, 2015). The result of this article is that Price publicly declared a planned increase in the compensation income of Gravity Payment employees, which will reach a minimum of $70,000 at the end of three years (Cohen, 2015). The problem with this perception is that it is contradicted by the study of Stevenson and Wolfers (2009, p.33) where the level of employee happiness within the United States will not increase despite an improvement in their income. Other studies ...

Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition. Will this necessarily result in more revenue?
Not necessarily. As we know, revenue depends on price and quantity of a given good or service; in the case of Nobody State,
Revenue = Tuition Price x Number of Enrolled Students
If tuition price increases, the number of students will likely fall as fewer students will be able to afford Nobody State and will favor its nearby competitor, Anybody Community College. As we can see, the qualitative aspect of demand is easy to grasp (increase prices, lower ...

Introduction

Sharp Park, which is named after George Sharp, has a long, rich history. Mr. Sharp owned a more than 400-acre estate that he established with a vision for the San Francisco residents to enjoy recreation in a natural setting. When he died together with his wife, the property was left to the San Francisco City Council under strict instructions that it would only be used for recreational purposes. Sharp Park is in California off Highway 1 along the Pacific Ocean, San Francisco. It has existed since 1917; the golf course was established in 1930s. In 1941-internment camp was established ...

**Business 4465**

Be sure to put your name and student number at the top of the email attachment. Your document must be less than 10 typed pages.
Please read the questions carefully. Write all you answers in a word document, label all questions carefully. The best answers are those that answer the questions well and concisely using material within the scope of the course and not irrelevant material from other sources or from the internet. Answers that are beyond the scope of the course will receive no marks. Answers that are not written in the own words of a ...

There are two major branches of Economics, Microeconomics and Macroeconomics. Microeconomics studies the behavior of the individual decision making units in an economy whereas macroeconomics studies the economy as a whole.

Two Microeconomic and two macroeconomic principles:

Microeconomic Principles:
The theory of the firm in which we study the cost, revenue and profit of a firm falls under the purview of microeconomics as it deals with an individual decision making unit that is a firm and how it operates.
Study of the consumer behavior is another area which fall sunder microeconomics. This deals with how consumers maximize their satisfaction from the consumption of different goods ...

Prerequisites

QD = -5200 + 20(600) - 42(500) + 5.2(5500) + 0.20(10000) + 0.25(5000)
QD = -5200 + 12000 – 21000 + 28600 + 2000 + 1250

Computing Elasticity

Price Elasticity
Price elasticity is computed using the formula = (P/Q) (Change in Q/Change in P)

The value of (Change in Q/Change in P) can be determined from the regression equation.

(Change in Q/Change in P) = -42. Using the value of (Change in Q/Change in P), one can determine the price elasticity (Ep).
Price elasticity = (-42) (500/17650)
Price elasticity = (-42) (0.02832)
Price elasticity = -1.189

Cross Price Elasticity

Using the same regression equation, cross price elasticity = 20(600/17650)
Cross price elasticity = 20(0.0341)
Cross Price Elasticity = 0.6833

Advertisement Elasticity

Using the same regression equation, ...

The United States government has made plans to increase the use of biofuels in the coming years in an attempt to replace the use of fossil fuels. Admittedly, the use of fossil fuels in the earlier years has been alarming in the United States because of the excessive emissions of carbon (IV) oxide gas and other gases that cause global warming. In the past, the country has had a decline in agricultural production because of the serious changes in climate as a result of global warming.in order to meet the increasing energy demands in the united states, replacing the fossil fuels ...

Economics: a specific market

Introduction

The price of Real Estate property is usually dynamic and subject to variations depending on the nature of the surrounding social and economic activities within the vicinity. This implies that prior to acquisition of property, it is vital to put into consideration future price changes, and forecast the pricing trends of the property in a given time period, in order to evaluate whether the investment could generate the desired returns within a speculated time period (Shavell, 2004). Such decisions are based by conducting a thorough analysis of the background information and economic analysis in order to determine whether it will be ...

The Impact of the Guaranteed Price Policy on the European Sugar Market

Sugar industry is one of the most dynamic in the structure of the food industry and plays a significant role in the economies of several countries. The European Union leads the five largest importers of sugar. Sugar production in the EU is expected to grow by 10% in the 2017/18 season. The production may reach 18.3 million tons, but still will be lower than the record 2014/15 season (19.4 million tons). Sugar production growth is expected in France (up to 5.5 million tons) and the UK (up to 1.4 million tons). However, despite the increase in production, the EU ...

Question 1: Olter’s Beta coefficient

Olter’s Beta can be determined using the Capital Asset Pricing Model. The required return on the average stock is the market return while the average return on Olter’s stock is Olter’s required rate of return.
Beta = (Expected return – Risk-free rate)/ (Market return – Risk free rate)
= (13-6)(13-6)
= 1.0

Question 2: Effect of Beta coefficient on stock price

Beta is a measure of risk and gives the variability of a stock’s return (price changes) in relation to the variability of the overall market. Since it represents the stock’s risk, Beta influences the prices of stocks. Under the Capital Asset Pricing Model, Beta is ...

AD Campaign

The last thing that a company would want is to increase the price of their product which could result in a decrease in the number of their customers. When a company raises its price for a product, they should be able to justify it to their clients. This is not an easy task and would require a good amount of perfect strategizing. In a sluggish economy, customers are usually price sensitive and increasing the prices of goods may be a turn-off to them. Customers may look for substitutes that are far cheaper than the other product.
But all is not lost for companies who wish ...

1. Current U.S. Unemployment and Low Wage Rate

Thesis Statement

In the economy of the United States, the rise in wage rate is less, but unemployment is becoming high in the labor force.

Explanation in the light of Economic Concepts and Theories

Considering the article Yellen Sees Muted Inflation as Unemployment Curbs Wages from Bloomberg Businessweek, written by Jeff Kearns, The long term unemployment is constantly dominating the economy of the United States, due to which the people are facing difficulties in order to enter the job market, and this rise in unemployment is exerting downward pressure on the wages. People have to work on the lower wages due to ...

Ford Motor Company is one of the leading automakers that is based in the USA. The company was founded by Henry Ford. Henry Ford made his first automobile in 1896 using four bicycle wheels and a four-horsepower. The gearbox of the car has only two gears; both forward gears and no reverse gear. He horned his skills for making vehicles over the years. In 1901, he developed a 26-horsepower racecar that become victorious. After that, he decided to develop his own automobile company in 1903. Ford Motors was incorporated in 1903 with only 12 shareholders who had 1,000 ...

BBA

Associate Professor

Health Science Department; Master of Science in Health Administration and Leadership
 
 

Winter 2016

S
 

Acknowledgements

This project paper demonstrates the integration of the knowledge I acquired from the courses in Master of Health Administration and Leadership Program and the collaborative application with this project’s community partner, MidMichigan Health to improve the community health in Gratiot County, Michigan. I am thankful for getting this valuable opportunity to work with a large healthcare organization.
First and foremost, I would like to thank my parents who worked really hard to financially and emotionally support me in pursuing further education overseas. They comfort me every ...

One of the leading issues we have today is our consumption of energy. Worldwide energy consumption is leading to increased air pollution, and has a negative effect on every living thing on this planet. The article “The Efficiency Dilemma” discusses the current situation we are in with regards to energy consumption. It points out that as everything gets more energy efficient, more people start using things and more things that need energy are created, thereby cancelling out the effects of more energy efficiency. No matter how one looks at it, our energy consumption is increasing worldwide; the vicious cycle ...

The Effect on Job Satisfaction and Adverse Patient Event in Full Time Registered Nurses with Unit Float Assignments Compared With Those Whose Unit Assignment Are Fixed In an Acute

Chamberlain College of Nursing
NR451 RN Capstone Course
Term and Year
Increasing Nursing Job Satisfaction
The work environment for a registered nurse is very significant to their turnover and job satisfaction. In addition to this, the work environment is also influential in the patient outcomes (Ulrich et al., 2006). In recognition of this fact, this paper looks at the utilization of registered nurses in float assignments. The ...

Fiscal policy is an intervention in which the government uses its spending and taxes to influence economic activities in desired ways. It is concerned with the allotment of resources between the private and the public sectors with the aim of attaining the desirable level of growth and stability. The national government plays a vital role in regulating activities in the economy through the use of fiscal and monetary policies to influence various economic indicators such as inflation, investments and savings.
Discretionary fiscal policy pursues the Keynesian hypothesis where the central government manipulates demand to influence price levels, output and ...

The Bretton Woods conference held in 1944 in New Hampshire in the United States of America at the Mount Washington Hotel, situated in Bretton Woods. The conference also known as the United Nations Monetary and Financial Conference had 730 delegates each representing the allied nation. It aim was to put in regulatory measures to control the international monetary system. The conference aimed at putting the world currencies and monetary systems to order after the World War II. Many policies were passed at the conference, but they became effective in 1958 because the European currencies were not convertible at the ...

Unemployment in America

Introduction

The unemployment rate in the USA has remained high although it has seen a drop in the recent years. The rate of unemployment is the number of persons that are actively searching for employment as a percentage of the total labor force in a country. The rate of unemployment in the United States fell to 7.8% in September 2012. According to historical data, the average unemployment rate in the United States has been 5.8% to a record high of 10.8% in November 1982 (Trading Economics, 2012). The unemployment rate was at its lowest in May 1953 when it hit 2.5%. In the ...

The knowledge in economics encompasses a wide array of topics that involve different economic activities, such as the ones that influence the government in carrying out regulations on gasoline prices as well as imposing a price floor in relation to the minimum wage. In this discussion, different economic scenarios will be presented along with the possible outcomes of each. In addition to the provided situations about the price ceiling for gasoline and price floor for minimum wages, other economic events will be presented, such as the possible gains and losses of international trade and the possible outcome once the ...

U.S. Trade Deficit
The US has been running the significant trade deficit over the last four decades. As a result, the country is the biggest debtor in the world with almost $3 trillion net debt. Obviously, this situation raises concerns among many researchers and policymakers, as they suggest that the long-run trade and current account deficits might make devastating effect on the growth performance. Actually, the issue is quite controversial and debatable: for example, other researches claim, that trade deficit is merely the result of the effective re-allocation of resources in the global economy and there is no consequences, ...

Introduction

Economic management is the most critical function of any government. It requires critical approaches through the adoption of efficient macro-economic policies that lead an economy in the desired direction. Inefficiencies in public policies result in poor economic management, which results in economic problems such as unemployment, inflation, and other forms of economic instabilities (Galí 98). This essay will answer questions that address some of these economic problems.

Government measures to increase the level of aggregate demand in the economy and their effectiveness

The level of aggregate demand is an essential factor in the determination of the economic position of an economy. It determines critical factors such as investment that indicate the GDP of a ...

Introduction

A.P Eagers ltd is a retail group trading in automotives and her main operations are based in South- East Queensland, Adelaide, Darwin, Melbourne, Sydney and the Hunter Valley in Newcastle. The business operations are centered on the ownership and operation of motor vehicle dealerships. These dealerships are concerned with a range of services that include sale of new and pre owned vehicles, service, spare parts, and customer financing facilitation.
This paper seeks to conduct an objective financial analysis (trend and ratio analyses) based on the audited financial reports of the entity for the four year period between 2011 and ...

Global warming refers to a system of climate changes that are responsible for causing an increase in the average temperature of the lower atmosphere which affects the average thermal gradient of the Earth. Global warming may have a great variation among the causes, but it is most principally associated with human interference, specifically with the release of excessive amounts of greenhouse gases”. The most popular and common definition of the global warming is “Warming caused by human activity.” (Weather Street)
There are several gases in the Earth’s atmosphere which are responsible for the increase in the global temperature ...

Introduction

GST is one of the most controversial laws in Australia. Despite the fact that this tax is one of the major sources of Australian treasury, many critics contend the idea that it has a regressive nature. To be more specific, they argue that this tax has larger impact on lower income earners, suggesting that in comparison with those, who earn larger incomes, this tax consumes proportionally larger share of income. The proponents of the GST in their turn rebuffed by claiming that in order to furnish adequate reimbursements for these categories of people, the government of Australia introduced a ...

The Earnings before Interest and Tax (EBIT) for No Move, Move-No Sales Increase and Move-Sale Increase scenarios were $103,389, $104,899, and $118,664 respectively. From these figures, it can be deduced that Pony Espresso earning was higher in Move scenarios than No Move scenario. The EBIT for Move-No Sales Increase scenario increased by 1.5% compared to No Move scenario. The increase is attributed to a decrease in the unit variable cost from $ 0.55 to $ 0.33. In total the variable cost reduced by 40% from $ 69,776 in No Move Scenario to $ 41,886 in Move–No Sales Increase ...

The concept of raising the tuition at Nobody State University can increase or decrease the school’s revenue. The university must prepare to have a decline in enrolment once tuition increases for them to have an increase in revenue in the short run while in the end the institution will have few enrolments. In special circumstances, an increase in tuition cannot have a reduction in enrolments. In that case, an increase in tuition will amount to an increase in revenue at Nobody States University.
Revenue is likely to rise if an increase in tuition will also attract an increase in ...

The twenty first century has brought along numerous revolutions in major sectors of the world’s economy. In the beginning of the early twentieth century, people grew the need for labor unions. These were mostly industrial workers since the period was during the industrial revolution. However, the success of labor unions has been on and off over the years. In some economical times, labor unions have improved the situation while in other economical times labor unions have further worsened the situation.
The thesis of my essay is to analyze the situation in Illinois after the newly elected governor ...

For the purpose of our discussion I have chosen an article which was published in one of the recent editions of the Economist magazine. In the article author describes the initiative of Mexican government to apply changes to the taxation system by introducing tax reform. Major changes in income tax and VAT regulations majorly will affect country’s middle class, which will have to change its buying habits if the reform is introduced.
According to the author, tax reform may have serious impact on both consumers and corporate sector. Companies will be prohibited from using tax consolidation – a technique ...