Essays on Inflation

All assets even the perishables can be used to transfer current resources into the future. The owner of perishable asset needs to trade it with a nonperishable asset to store the value of his asset. Otherwise, anything whose value cannot be stored in present form or different form cannot be classified as an asset. For example, milk is a perishable asset, but it can be transformed into other forms that take long to be stale. The adoption of money in place of barter trade enhanced the capability of storing the value of assets. The owner of perishable assets may ...

Introduction to Business and Society-Persuasive Essay

Introduction In his book titled The Short Story of Progress, Ronald Wright analyzes civilizations that have witnessed rapid growth and supremacy. He also elucidates the fatal fall of many such civilizations and enjoins that over-exploiting the environment can lead to ecological catastrophe. By finding answers to questions relating to human origins, reasons for existence and destination of the progress pursuit, Wright warns the society from traversing through progress traps, created by humans themselves, blinded by a short term urge to modernize. “We can go to understand the reckless aspects of human nature and circumvent the danger of arrogant self-destruction, ...

Introduction

Pre-Spanish Era Religious Practices Political Structure Material Culture Spanish Occupation Material Culture

The Culture after the Spanish Conquest

Religious Influence of the Catholic Spanish and the Remaining Ethnic Groups Influences of the Protestant Church Religious Fighting between the Roman Catholic and Protestant Church Current Economic and Cultural Development Cultural Development Introduction Argentina is considered by Calvert, Donghi and Eidt (2016) as the eighth largest country in the world but is considered to be only third within Latin America (Buenos, 2014). The reason for this is that the land area of Argentina with 2.78 million square kilometers is larger than Mexico and the Texas state combined ( ...

“If it has ‘science’ in its name, it ain’t (Minnick).” Those words were said to this writer by the smartest person he ever knew personally, a man with PhDs in Mathematics and Physics, a true scientist. He went on to explain that science, if it is science, can be reduced to mathematics and then can predict. “Science can generate electricity or flatten cities,” he said. The problem, of course, is that whenever one deals with the “soft sciences,” political science or economics (the dismal science) or sociology or history or any of the disciplines that are housed in ...

Expectations is a critical topic on macroeconomics and defines the pivotal elements of every market economy and controlling all the economic transactions and decisions. The activities within an economy are usually defined by the expectations of the people.

In normal situations, when the supply of goods like oil falls, its price rises pushing for higher production by producers while consumers conserve on its use to get substitutes and get prepared for more. The price controls are significant in controlling the expectations and eliminating the poorly executed economic plans or activities. The government intervenes in the economic expectations or plans ...

Q. 1. A. To calculate nominal, real, and GDP deflator, the following equations were used. Nominal (NGDP = Quantity (year) X Price (year), while real GDP) can be expressed as (RGDP = Nominal / Deflator), and GDP deflator can be expressed as (GDPD = Nominal / Real GDP X 100%). Therefore; (See Table 1.) B. For multiple items, calculating CPI requires a weighed average of the commodity price. In this sense, the prices of listed items were calculated as (Average = Bread price +TV Sets + etc. / 5) for each year. After which, the CPI was calculated using the equation (CPI of Multi ...

Economic Growth

Economic growth is apparently defined as the process which stimulates and results to an increase in terms of the capacity regarding production of goods and the overall service. In essence, economic growth involves the comparison of the tremendous increase in terms of productivity over a given period of time. The key parameter used to determine the economic growth includes nominal terms, inflation in addition to real terms pertaining inflation (Lewis, 2013). Economic Growth has essential and parametric limitations in line with improving the overall living standards of people. In addition, the economic growth mainly depends on the channel of ...

Data Exercise

Part 1 As the table above shows, the Nominal GDP is always higher than real GDP (Bureau of Economic Analysis, 2016, Table 1.1.5). The difference is attributed to the inflation that is accounted by real GDP. Thus, in other words, real GDP is a nominal GDP adjusted for the inflation. This adjustment is measured by GDP deflator that reflects the price change in the current year comparing to the base or previous year. The percentage change of the nominal GDP in the last quarter analyzed compared to the previous period was 1.2 %, while the percentage change of the nominal ...

Austerity Policy Measures in the UK

Introduction The process of putting into place strategic measures with an aim of reducing of deficit and increasing economic growth in the United Kingdom has taken a paradigm shift from various aspects. The government of UK has put deficit reduction measures, which entail a series of strategically sustained reductions in public expenditure, undertaken towards a reduction of the government budget deficit and the UK’s welfare state. The design of this research paper is structured towards assessing the rationale on which the UK’s austerity policy is based with regards to deficit reduction and stimulation of economic growth (Burns, ...

The Cost of Education

Introduction The cost of education has spiraled higher in the recent past, and this trend is not surging down anytime soon. However, the impacts of the high cost of education have restricted a majority of academically potential students in the cold as having no chance to compete for some top-rated Colleges and Universities. Notably, the middle-class has been hit so hard by the rising cost of education since they are not capable of funding their children’s education in the prestigious Colleges, and at the same time not so poor to have the necessary merit for the education subsidies. ...

Questions for Exams

Question 33: Describe the economical content of the cumulative frequency if you analyze the series The economical content of cumulative frequencies if examined in series gives the total sum of all the frequencies displayed in a table for data analysis of samples. Moreover, when the series are accurate, one can tell the sequence of the data as it appears in the worksheet and derives conclusions from the primary variables.

Question 38: Explain the economical and statistical content of the components of following regression equation.

Y intercept is the value of the depreciative variance explained using the alpha constant. Moreover, Y is considered as the value of two or more independent variables for observation. The € ...

Introduction

Arabella Nuts and Confectionery is one of the UK’s finest confectionery, nuts and dried fruits company. The company produces a variety of Mediterranean, Middle East, and other international tastes. Arabella has been in existence for more than 20 years in which it has been serving exclusive and top-end stores and hotels in the UK (Arabella Nuts and Confectionery, 2017). The company operates majorly through its online channel. However, it also has physical shops within the Westfield Shopping Centers at both London Shepherd’s Bush and Stratford City. In light of this brief background of Arabella Nuts and Confectionery, ...

The last year was marked by the unexpected results of referendum held in the UK, where citizens had to decide whether the country should leave or stay in the European Union. Obviously, many experts had been skeptical and the results, with 52 % voted for the exit, were, with no doubt, shocking both for the EU and the entire world. The financial markets reacted immediately: the pound experienced the largest decrease during the entire period of the free-floating and major stock indexes, like FTSE 100 and FTSE 250 also fall considerably (Mackenzie & Platt, 2016 June 25). However, the reasons the ...

Introduction

An organization is regarded as an entity that is made up of people with a collective objective and is connected to the external environment. Hence, a business organization is a group of people collaborating to achieve a commercial objective (Handy, 2005). Toyota Motor Corporation is a Japan based auto manufacturing company with its headquarters in Toyota, Aichi. The company was ranked as the 13th largest in the world in terms of their revenue. It was the largest automotive manufacturer in 2010 ahead of the Volkswagen group and the general motors in terms of their production. The Toyota motor company ...

Part 1: Expenditures Approach to Calculating GDP

2. The process of inflation significantly influences the value of nominal GDP. The real GDP is calculated with a view to present real economic situation on the basis of GDP and other financial indicators of particular year. The real GDP presented in the table is calculated on the basis of chain-type quantity index as well as 2009 current-dollar value of the corresponding series. Therefore this index weights more than one period simultaneously being more reliable determinant of economic development. The nominal GDP of all the periods is greater than the real GDP that proves the phenomenon of inflation comparing ...

Inflation activity

The good that I chose: Bread, white, pan, per lb. (453.6 gm)

The base year (and month) that I chose: November, 2006

The most current year (and month) with collected data: November, 2016

The price of the good during the most current year and month: $1.362 Calculation of Price Change (NEW - OLD)/OLD x 100: (1.362 – 1.143)/1.143 x 100 = 19.16010499% (Bureau of Labor Statistics, n. d.).

The CPI value of the base year used above: 195.7

The official CPI in the year 2006 for food and beverages with the base period of 1982-84= 100 was in November 2006 at 197.2 and in the November 2016 247.246. The annual average was not used since the data is not ...

(Tutor’s Name) (Assignment)

Introduction US has been the center of the global economy for the past several decades, and hence decisions taken by the U.S government can have significant impact on the rest of the world. In the same manner, the monetary policies formed by the Federal Reserve (FED) – the central bank of the United States –influence the economic policies of other countries worldwide. Therefore, central banks worldwide are closely monitoring the moves of the FED so as to make timely adjustments to their economic and monetary policies. The U.S economy was severely hit by the global financial ...

The Federal government has limited options to address economic issues. These are generally described as “Fiscal policy” and “Monetary Policy.” In the most general terms, fiscal policy involves government tax and spend programs. The underlying theory is that tax cuts increase consumers spending ability by leaving consumers with more money and government spending provides a more direct stimulus by injecting money into the economy. Fiscal policy is generally identified under the popular “Keynesian Economics” label. Monetary policy, on the other hand, involves the central bank (the Federal Reserve Bank system, or “the Fed”) “adjusting” the money supply through interest ...

Japanese Economy in the Recent Years

Introduction During the advent of economic downturns particularly in terms of financial crises or bubbles, the usual resort of the government is to rely primarily on its monetary tools alongside expansionary fiscal policies to stimulate the economy. Monetary policies are tools used to deal with inflation, budget deficits, unemployment, incomes, international economic relationships among others. Monetary policies have profound effects on our jobs, incomes, livelihood, and career choices. One of the considerations and is always on the watch in an economy is the behavior of prices of the goods and services. As the law of demand states that with ...

Question 1:

The five core competencies that are discussed and broadly tackled in the MBA program are as follows: Competency 3006.1.5: Legal and Regulatory Requirements Competency 3020.1.4: Motivational Concepts in Human Resources 3012.1.4: Microeconomic and Macroeconomic Principles 3013.1.4: Marketing Strategy 3014.1.1: Financial Analysis The graduate in these core competencies of the MBA program is taken through the rules and regulations as well as the legal procedures that they should be privy to, so as to analyzes applicable legal and regulatory requirements of their organizations and assist them to determine whether organizations meet legal responsibilities or not. The graduate in this competency ...

Significant increases in the national debt, with no relief or plans to deal with the problem, and its effect on the economy An increase in national budget, with no relief or plans to deal with the problem, will result in a deficit, or more spending with less national input. Repercussions for a budget deficit can mean more borrowings for the national government from the private sector, such as the selling of bonds or gilts to the private sector. The debate over the budget deficit has two opposing views. The first one is that the deficit is destructive to the ...

Despite the country’s small size, Japan has depicted quite contrasting economies before and after the Second World War. Up to the moment, the country has had three distinct political and economic periods; the Edo which began in 1603 and went on up to 1868, the Meiji Restoration and the final period which began after the Japan’s defeat in the Second World War in 1945 and runs up to now. Each of the three economic periods was characterized by unique factors which necessitated the government to initiate remedies so as to avoid plunging the country into an economic ...

International Business Division

International Business Division

The population of Germany accounts for 80.6 million, out of which 74% population accounts for the urban population. The ethnic amalgamation is found to be extensive due to the prevalence of German population with the majority of 91.5%, Turkish population with the majority of 2.4%, whereas 6.1% population accounts for the Greek, polish, Italian and Spanish minorities. In accordance with the religious aspects, 34% population accounts for the Protestant, whereas 34% population accounts for the Roman Catholic. Similarly, 3.7% population accounts for the Muslim religion, however, 28.3% population account for the other unaffiliated religions (Statista, 2016b). ...

Oil Prices Fluctuating In the Middle East

Introduction Oil being a commodity is subject to high levels of fluctuations as opposed to the stable investments like bonds and stocks. In particular, Organization of Petroleum Exporting Countries (OPEC) plays a significant role in influencing the prices of oil across the globe. As a result, OPEC controls around 40 percent of the global supply of oil by setting the production levels that caters for the world demand and it can determine the prices of gas and oil by reducing or raising the levels of production. At a particular point in time, OPEC vowed to maintain the prices above $ ...

The current Russian-Ukrainian war is the largest armed conflict in Europe since World War II. The front line where active fighting is taking place is over 1000 miles, and general losses amount to hundreds of thousands. No wonder the war between one of the world’s largest fossil fuel providers (Russia) and one of the world’s leading agriculture countries (Ukraine) has had global impacts in multiple economic areas. If you need to develop a Ukraine vs Russia war essay regarding this topic, the example paper below will make a great starting point for your research. In case you, for some ...

Protests have been occurring in Iran for decades, but recent developments have brought them to the center of global attention. In this essay, I will explain why the Iran riots started, their origins, development, and essential points, as well as why understanding them may be crucial for the American public.

Reasons Behind the Protests in Iran

Protests in Iran are happening for a variety of causes. Economic difficulties make up one of the key factors. For years, the Iranian economy has struggled due to foreign sanctions and mismanagement. Inflation is on the rise, while unemployment is widespread, particularly among the young. Many Iranians are struggling to ...

References 6

The Relationship between Interest Rates and Exchange Rates in Australia 1.0 Introduction In macroeconomics, large scale market-wide factors are considered. Commonly, macroeconomic factors are considered in order to support decision-making, particularly for firms seeking to perform international business (Goodwin, Nelson, Harris, Torras & Roach, 2013). Two of the most important rates influencing decisions of international finance are the interest rate and the exchange rate (Terra, 2015). The interest rate is the percent cost to rent money, and the exchange rate is the value of one form of currency against another. Firms examining options with regard to how to invest money ...

Galaxy Skis has a tough time ahead of itself when it comes to using the international financial market. This is because it is looking at building a plant in China, where the government frequently supports manipulating its currency in order to maintain a competitive edge over other countries in terms of resource and labor cost (Catalan, 2010). This can be problematic for a company that seeks to do continuous business in the country due to the fluctuating market system and exchange rate, though analysts claim that China’s actions will not have long term effects on the flow of ...

The first proposals of the European integration have been made at the Paris Conference in 1867. However, the practical realization of the idea of integration was not accomplished: the contradictions between the two countries were so deep that the awareness of the need to cooperate in the union went through two world wars and several local wars. Integration trends in Europe re-emerged immediately after the Second World War, when major European countries have realized that the restoration and development of national economies is the only possible way combining efforts and resources. Plan for the creation of the European Community ...

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 ...

The story of Microsoft started as a small company founded by two high school friends in 1972 and a relatively shorter period, these friends could manage to revolutionary innovations in the history of computer producers. Before them, the computers were using very confusing software for users. Microsoft Company has produced the computer operating system of Windows. The primary strategy Microsoft has followed is to create user-friendly applications and operating system. The software developed by Microsoft has made the use of computer very easy, and that helped the company increase its market share in the global market. Nowadays, Microsoft has ...

Introduction

External environment analysis is a comprehensive look at the organization’s strengths and weaknesses through examining the external factors of the market. There is a wide range of external forces that directly affect the sustainability and performance of the organization. The external environment analysis assesses the level of threat, risk, and opportunity in the outside environment. It helps the organization to make effective decisions on the basis of evaluation and improve the organizational performance. It helps the management to align strategies with the company’s environment. External environment factors are difficult to handle and some factors are uncontrollable that ...

Articles Summary

The main point in the current article is to develop an attitude towards the savings at the early age. The sources of finance at the early age are very limited and it is very important that the individuals must plan their important needs accordingly. According to the article, the important needs such as higher studies, important assets and the good credit history must have a proper financial plan. The planning must cover all risks, including recessions, inflation and the time value of money. The idea of savings from the early life can help anyone in achieving the goals such ...

Introduction:

We have seen economic progress through the centuries, and we have prized that progress because the same has been making our living standards better and it is giving us access to so many services. That of the United States is an economy which screams progress, but within this progress, the economy also hides a great flaw. In this economy, the rich seems to be getting even richer, while the poor suffer through the worse of the ups and downs, at least this is a question that we are going to prove true or false in this paper. As per ...

The chapter under consideration is the Chapter 5, Financial Services: Savings Plans and Payment Accounts. The chapter gives to the reader five important aspects that contribute to the understanding of the personal finances. 1. The first aspect is the selection and use of the available financial services in the market and the factors that influence the decision to select a specific financial service. The selection of the financial service depends on of the needs of the client and the convenience of fees and conditions. One of the financial services is the availability of cash. The cash is the most ...

Response

Response 5. Explain the effectiveness of monetary policy. Monetary policy is an item that is used by the state or author in an attempt to control instances of inflation and ensure that there is price stability. The central bank has the mandate to monitor the growth and the size of the money supplied. Various strategies are used to control and maintain the monetary policy. For example, selling or buying the government bonds, adjusting interest rates and managing the bank reserves (Galí & Gertler, 2009). Monetary policy is effective. This is based on the expansionary policy. If an increase in the ...

Chapter 1: Introduction 3

Chapter 2: Financial Performance and Position of TESCO 6 Chapter 3 Financial Management Policy 14 Chapter 4 Investment Strategy 18 Chapter 5 Valuation of TESCO 22 Chapter 6 Conclusion 26 Abstract The present report provides critical analysis of financial positioning of Tesco Plc. For this, the financial data has been gathered for past five years as well as its competitors to critically assess financial positioning of Tesco in the retail industry. The reports highlight the recent issues of Bretix which has significantly impacted economic conditions of the United Kingdom leading to declining the consumer confidence because of triggering inflation. ...

The main goal of the state at all stages of its development is the stabilization of the economy. At the present time, the state actively uses the tools of intervention in the economy. The main 2 types of state intervention in the market economy include fiscal and monetary policies. Fiscal policy has been a key policy tool in addressing the aggregate demand consequences of the financial crisis in the United States. (Follette & Lutz, 2010)

Objectives of fiscal policy as any stabilization (countercyclical) policies aimed at smoothing cyclical fluctuations in the economy are to ensure:

Stable economic growth; Full employment (primarily a solution to the problem of cyclical unemployment); Stable price level (problem of inflation). (Strauch & Hagen, 2000) Fiscal policy ...

Galaxy International operates in a niche market; this is because skiing is only possible in very specific areas, and only a limited number of the population skis regularly anyway. Despite this, the company has performed outstandingly well to be achieving the level of sales with a small staff. This being said, Galaxy International needs to raise capital quickly and in an efficient way to successfully continue expanding to fully capture its full market size. By offering a unique product that is flexible yet tough, Jeremy is likely to continue to increase the volume of his sales and therefore the ...

1 The assessment of financial performance of the division managers in each subsidiary can be obtained by taking a difference between budgeted profits and actual profits in US dollars. It can be understood from the table provided below. The table provided above summarizes the information regarding the actual and budget performance of each subsidiary in 2004 . All amounts are expressed in US dollars that are helpful in comparison among them. It can be seen from Table 1 that the subsidiary of Japan has performed below budgeted profits that in dollars but it might have increased its profits as compared ...

1. How were the conditions in 1935 and 2013 similar? What did John Maynard Keynes propose to resolve this crisis in his book? Both 1935 and 2013 are two years during which the world’s economy went through economic crises. Specifically, 1935 experienced the Great Depression, while 2013 faced the global financial crisis. The economists of the time predicted that the economy would come out of the depression without the intervention of the government (Kirshner 315). In 1935, unemployment was extremely high. In 1936, Keynes published his book ‘General Theory of Employment, Theory and Interest.’ While other economists suggested ...

1. Overview of your organization and the industry in which it operates a. Include your strategic goals, vision, and mission and any brand values or ‘slogans’ that the organization uses internally/ externally The name of the company is Nutritious Food Company, operating in the foods and beverages industry. The company was established in the year 2005 and comprises of six branches located in six major towns of the State of American Arab Emirate. The objective of the company is to provide food and catering services, offering both traditional and modern foods. The company also offers catering services for occasions ...

Calculations

Portfolio Return = (2%*23.6%) + (65.5%*1.7%) + (10%*23.3%) + (10.3%*2.5%) + (8%*33.1%) + (4.2%*-1.0%) = 6.77558000% Portfolio Risk () = 14.2% Based on the calculations, investing in a portfolio comprising of stocks from Disney, Citigroup, General Electric, Morgan Stanley, Home Depot and Ford would attract a return of 6.78% and risk of 14.2%. Evidently, the individual stocks comprise of highly risky assets (Morgan Stanley, and Citigroup) and the other assets are have relatively low risk. Evidently, investors would gain from such a portfolio although the risk is very high. The combination of assets in to a portfolio helps to diversify the risks ...

Moral hazard in equity contracts

In some instances, the seller of security is driven by incentives to conceal information from the purchaser and may engage in detrimental activities. This constitutes the problem of moral hazard in equity contracts. An example is the problem of Principal-Agent, which concerns the separation of possession and management of firms. The executives in corporations in this case only own a small share of the firm compared to the principals/share-holders. The managers then opt to pursue their interests at the expense of the firm's profitability bringing about a conflict of interest between the shareholders and corporate management (Banerji, and Basu ...

Introduction

The Petrochemical industry in the ministry of energy has been focusing on the oil prices change and how it influences the economy. The oil demand comes from the petrochemical industry whereby energy generation helps in manufacturing and production industries. These industries help in economic transformation through improving country’s GDP. As the source of energy, oil in the petrochemical industry has been influenced by inflation and unemployment, interest rates and exchange rate. These factors influence the government spending, hence affecting the importation of oil from the producing countries such as Saudi Arabia. The oil prices as a result of ...

1. The Financial Crisis: Avoidable but Inevitable Theoretically, the financial crisis could have been avoided as investigation findings revealed . Under the circumstances however, the crisis was an inevitable consequence of everything that was going. The Federal inquiry concluded that the 2008 financial crisis could have been avoided. The crisis was the result of “widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street”. It was the result of “greed, ineptitude or both” on the part of government and the private sector. Among the persons found responsible for the crisis included Federal Reserve Chairman Alan Greenspan and, ...

CONCLUSION

5. Conclusion The research was conducted complying with a predefined set of tools, techniques, and methods. It was accomplished without exceeding the limit of time and other resource allocated for this purpose. This chapter sets out to throw light as to what degree the study has succeeded in meeting research objectives and how it can be applied to managerial level. It is followed by detailed identifications of future prospects of research based on the current study. Finally, the researcher draws attention to some of the drawbacks of the research project along with an assessment of their impact on overall ...

ANALYSIS AND FINDINGS

3. Analysis and Findings 3.1. Introduction 3.2. Analytical Tool – Regression Multiple regressions are performed to assess the relationship of single independent variable i.e. crude oil prices (on Brent benchmarking) with all four dependent variables including Indian GDP growth, Indian Balance of Payments, Exchange rate between INR and USD, and the inflation rate in India. 3.3. Measures for Independent Variable – Crude Oil Price Crude oil is the most commonly traded commodity in the international market. Crude oil price stands independent variable in the underlying study, and same is considered for this purpose of analysis. The Periodic time frame for change ...

According to CIA World Factbook, the GDP of France in terms of “official exchange rate” (The World, 2016) in 2015 was “$2.422 trillion” (The World, 2016). In terms of GDP per capita (PPP), in 2015 it was “$41,200” (The World, 2016) .For comparison with past year results, in 2014 GDP per capita in France was “$40,900” (The World, 2016) and in 2013 it was “$41,000” (The World, 2016). Looking at these numbers, it is seen that GDP per capita is quite stable in France. In regards to the United States GDP in terms of “official exchange ...

Relationship between inflation and interest rates

Introduction Predominantly, most economic agents base their decisions on the current and expected changes in the economic conditions. Variations in interest rates have been used as a major variable by most researchers and policy analysts. Additionally, the behavior of interest rates in the economy has been studied since the interest rate is a significant macroeconomic factor to help in the understanding of how it is related to other macroeconomic variables and its impact on the economy. Primarily, interest rates entail the percentage of the loan that lending institutions charge as interest to borrowers, and it is mostly expressed as ...

Introduction

Economic performance is an important aspect that every country needs to consider if it intends to monitor its progress development-wise. Conducting this performance reviews involves reviewing the Gross domestic product values that a country registers every year and formulates a trend upon which certain conclusions can be drawn. The information obtained from this process is very reliable which means that decisions can be made based on this. Therefore, the essence of this paper is to apply various macroeconomic concepts to the economy of Singapore. From the information, it is possible to extract significant information such as unemployment rate in ...

1) GNP is equal to the sum of the values of all consumer and investment goods, government purchases, net exports to other countries. The GNP is used for many purposes, but the most important is that it determines the performance of the entire economy. A sharp decrease in the cost of goods and services produced by the economy, that is, a sharp decrease in GDP entails poverty, bankruptcy, failure of banks, the chaos and political turmoil. Gross national product (or GNP) is the most extensive measure of total national output of goods and services. This is the sum of ...

Literature Review

It is found that oil prices have undergone critical decline over past couple of years for several reasons at the bottom of this decline. However, reducing demand triggered by increased production of oil in USA, over production by OPEC, and shift towards renewable sources of energy is considered the most fundamental reason behind current downtrend of oil prices. It conforms to the simple theory of demand and supply according to which demand and price are in positive, while price and supply are in negative relationship with each other (Stafford, 2015; Scott, 2015; Goldenberg, 2016; Arnold, 2008; Hensher, Rose, & Greene, ...

Chapter Reading Questions

Discuss the different approaches of the federal government toward the Plains Indians The different approaches that were taken towards the Plains Indians were (1) concentration, which is reducing the areas of land available to the Plains Indians. This would end with the Plains Indians living on reservations. (2) forced assimilation. The Plains Indians were forced to send their children to schools that indoctrinated them against their own heritage. This was done by forcing them to take the names of white people, punishing them for speaking their language, and making them dress and act like white children. They were also ...

Money and prices in the long run and open economies dictate the financial market. As such, that is why factors such as domestic variables and foreign monetary policies are over-emphasized. Demand for money is thus affected by the domestic variables, which include interest rates, price expectations, and permanent income, among others. As such, this paper explores the financial market to reveal the viable strategies the US can adapt to secure reliable money and prices in an open economy on a long-term basis.

The state of US Financial Market

Over the years, the economy of the US has been in good shape, especially when compared to ...

Introduction

Brazil is one of the fascinating developing economies, which economic and social progress over the period of 2003-2014 lifted over 29 million people from extreme poverty. Based on the World Bank (2015) statistics, the inequality rate in the country fell by 11% with the income level of the poorest 40% of the population rose by as much as 7.1% over the same period. At the same time, global financial crisis and political instability in the country over the past few years have had its negative impact on the economy as a whole, reflecting stagnation in inequality reduction and deterioration ...

Question 1.

As the production will increase, the supply curve will shift to the right, therefore the equilibrium price will decrease, (Figure 1): Figure 1. The increase in production on the mango market Thus, as the quantity of production has increased by 30 % from Q0 to Q1, the supply curve shifts from S0 to S1 and the equilibrium price decreases from P0 to P1.

Question 2.

In agriculture, the term bumper harvest means the unusually high production of a crop. Though some politicians might claim that this benefits the farmers, actually that is not exactly so. Firstly, with the increased production the ...

Every high-school student has to make a very hard and stressful decision - choose his or her future career. Choosing a career is an important task, as one is to find the best match between the personality, knowledge, skills and interests. Nowadays modern world and society has hundreds professions available and presents a great range of job opportunities: business, service, science, medicine, education, arts and etc. A person may choose a profession he likes, enjoy the studies, by afterwards encounter problems when searching for a job. Because of that every aspect of the challenging decision has to be thought ...

Introduction

Obama Care aims at extending health care services to all the U.S. citizens, but it impacts the economy positively and negatively. The Affordable Care Act requires that firms should compensate the medical insurance cover of their full-time employees. The specific aspects of the economy that are impacted by this provision include employment, supply, and demand, trickledown economics, GDP, fiscal policy, wage and health care inflation. While Obama care forces firms to hire employees on part time, it results in high demand for medical professionals. As large companies and high-income earners pay their insurance premiums, the trickledown economics becomes real. ...

Short – Term Investing

Introduction A treasury bill or a T-Bill is a short-term maturing promissory note, usually lasting for three months to one year. Nyawata (2012) asserts that the federal or national governments are the ones that issue T-Bills as their primary instruments of regulating the supply of money within the national economy, as well as raising funds for various government projects through open market operations. The central banks of the respective countries are the ones responsible for issuing and paying on T-Bills. According to Thau (2000) T-bills do not have any form of explicit interest, but they sell at a discount ...