Fundamentals of Macroeconomics Paper

Jerry L. Robinson ECO/372 JUNE 07, 2012 CHAD McDermott Fundamentals of Macroeconomics Paper Gross domestic product: is the value of all goods and services produced in a country in any given year or specific time period. This is measured in dollar amounts and basically the higher the GDP, the better the economy is for that country. Real gross domestic product: is nominal Gross domestic product that has been adjusted for inflation. This means that the quantity of goods and services must have the converted values for the prices to be made at the market price.The market price also sets the importance of how things will be purchased on the market. Nominal gross domestic product: is Gross domestic product that is calculated at existing prices. That means that the GDP is affected when the economy does when the output is measured for inflation. This is when prices for goods and services are either going to be higher or lower because of inflation. Unemployment rate: is the total percentage of workforce, who is unemployed and looking for a paid job.When the unemployment rate is up then there are less jobs out there for the people that are looking for employment. This in turn affects the businesses that had to lay off the workers due to low productivity; this also has an effect on the government because unemployment benefits aren’t taxable. Inflation rate: is the rate at which the general level of prices for goods and services are rising over a period of time. Inflation rate can also affect how families operate on a daily basis, inflation rate goes up, prices go up and the spending goes down.People don’t shop as much when the inflation rate has gone up, because the value of the dollar doesn’t go as far when the inflation rate has risen. Interest rate: The interest rate is the amount that a person pays back over and above the principle that has been borrowed from a lending institution. Most banks will lend you money at a low interest rate for a number of different things, it can be a low interest rate for a home, a car, or even to start your own business. Low interest rates, also affects the companies that build the factories that produce the jobs for us.The purchasing of groceries is an important economic activity that affects our government in many different ways. Because when our families go to the grocery store to make the groceries that feeds our families, we give the grocery store cashier our cash and they give us a receipt and our groceries, this is just one of the economic activities that are very important to our economy. This activity effects our government because this is a transaction that is taxed and whenever there is a transaction made that is taxed, this effects the government.The government is the regulators or approving authority of what is taxed and where the tax money goes. Massive layoff of employees is another one of our economic activities that’s very important to our economy as well, these particula r activities can and does affect a variety of economic grow in our country and around the world. When the massive layoffs begin, this does a number of things really fast, if you have no job, you have no income to do the grocery shopping for your family.If you can’t do the grocery shopping for your family, then the government doesn’t get the taxes from the purchasing of your groceries. If the government does get the taxes from the purchasing of your groceries, that means the stores aren’t making the money that they would usually make due to the massive layoff of employees. Also the factories that gave the massive layoffs will give employee the pink slip so that they can file for unemployment, when they apply for the unemployment benefits, they government will not get the taxes from the unemployment benefits because this isn’t taxable.So basically, massive layoffs not only affect the worker, but it also affects the government and the factory owner and share holders as well. Decrease in taxes is a very important economic activity that affects many different areas of our lives, how we live, and how our families operate on a day to day basis. We pay taxes on just about everything, so when a decrease in taxes occurs, this lets us know that when the taxes goes down, a deflation in our economy happens and we tend to spend more money because we know that as long as there is a decrease in taxes we have a little more money to purchase things.This affects the businesses as well, because if the taxes are low they can spend more money on the things that they use to run the factories our buy more ink that produces the paper from the paper factory. This activity affects the government as well, because if the taxes go down there is less money that the government receives from the different factories and or businesses that pays these taxes. This will also trigger a change in our economy in some different form or fashion.If taxes are going down, then y ou can best assure that inflation or the unemployment rate or both will be affected by this particular economic activity. The flow of resources from one entity to another is very important, because this is the flow that makes all of our economic activities so not only in our country but other countries as well. The flow of resources goes a little something like this for all of the economic activities that are listed above.Household is the first flow of this, which is considered consumption, factor market is next on the list of importance, business production is where we go to work to make the products that in return pays the bills and buys the groceries. The goods market again, where we purchase the stuff from the wages that were made from the factories. Then the flow brings you back to the household so we can pay the rent or mortgage that is taxed by the government in order for them to continue to run our economy and hopefully to lower inflation and the unemployment rate. Fundamentals of Macroeconomics Paper Jerry L. Robinson ECO/372 JUNE 07, 2012 CHAD McDermott Fundamentals of Macroeconomics Paper Gross domestic product: is the value of all goods and services produced in a country in any given year or specific time period. This is measured in dollar amounts and basically the higher the GDP, the better the economy is for that country. Real gross domestic product: is nominal Gross domestic product that has been adjusted for inflation. This means that the quantity of goods and services must have the converted values for the prices to be made at the market price.The market price also sets the importance of how things will be purchased on the market. Nominal gross domestic product: is Gross domestic product that is calculated at existing prices. That means that the GDP is affected when the economy does when the output is measured for inflation. This is when prices for goods and services are either going to be higher or lower because of inflation. Unemployment rate: is the total percentage of workforce, who is unemployed and looking for a paid job.When the unemployment rate is up then there are less jobs out there for the people that are looking for employment. This in turn affects the businesses that had to lay off the workers due to low productivity; this also has an effect on the government because unemployment benefits aren’t taxable. Inflation rate: is the rate at which the general level of prices for goods and services are rising over a period of time. Inflation rate can also affect how families operate on a daily basis, inflation rate goes up, prices go up and the spending goes down.People don’t shop as much when the inflation rate has gone up, because the value of the dollar doesn’t go as far when the inflation rate has risen. Interest rate: The interest rate is the amount that a person pays back over and above the principle that has been borrowed from a lending institution. Most banks will lend you money at a low interest rate for a number of different things, it can be a low interest rate for a home, a car, or even to start your own business. Low interest rates, also affects the companies that build the factories that produce the jobs for us.The purchasing of groceries is an important economic activity that affects our government in many different ways. Because when our families go to the grocery store to make the groceries that feeds our families, we give the grocery store cashier our cash and they give us a receipt and our groceries, this is just one of the economic activities that are very important to our economy. This activity effects our government because this is a transaction that is taxed and whenever there is a transaction made that is taxed, this effects the government.The government is the regulators or approving authority of what is taxed and where the tax money goes. Massive layoff of employees is another one of our economic activities that’s very important to our economy as well, these particula r activities can and does affect a variety of economic grow in our country and around the world. When the massive layoffs begin, this does a number of things really fast, if you have no job, you have no income to do the grocery shopping for your family.If you can’t do the grocery shopping for your family, then the government doesn’t get the taxes from the purchasing of your groceries. If the government does get the taxes from the purchasing of your groceries, that means the stores aren’t making the money that they would usually make due to the massive layoff of employees. Also the factories that gave the massive layoffs will give employee the pink slip so that they can file for unemployment, when they apply for the unemployment benefits, they government will not get the taxes from the unemployment benefits because this isn’t taxable.So basically, massive layoffs not only affect the worker, but it also affects the government and the factory owner and share holders as well. Decrease in taxes is a very important economic activity that affects many different areas of our lives, how we live, and how our families operate on a day to day basis. We pay taxes on just about everything, so when a decrease in taxes occurs, this lets us know that when the taxes goes down, a deflation in our economy happens and we tend to spend more money because we know that as long as there is a decrease in taxes we have a little more money to purchase things.This affects the businesses as well, because if the taxes are low they can spend more money on the things that they use to run the factories our buy more ink that produces the paper from the paper factory. This activity affects the government as well, because if the taxes go down there is less money that the government receives from the different factories and or businesses that pays these taxes. This will also trigger a change in our economy in some different form or fashion.If taxes are going down, then y ou can best assure that inflation or the unemployment rate or both will be affected by this particular economic activity. The flow of resources from one entity to another is very important, because this is the flow that makes all of our economic activities so not only in our country but other countries as well. The flow of resources goes a little something like this for all of the economic activities that are listed above.Household is the first flow of this, which is considered consumption, factor market is next on the list of importance, business production is where we go to work to make the products that in return pays the bills and buys the groceries. The goods market again, where we purchase the stuff from the wages that were made from the factories. Then the flow brings you back to the household so we can pay the rent or mortgage that is taxed by the government in order for them to continue to run our economy and hopefully to lower inflation and the unemployment rate.

Researching Educational Leadership Assignment Example | Topics and Well Written Essays - 2000 words

Researching Educational Leadership - Assignment Example The Falk article draws data from a dozen vocational education programs and training sites throughout Australia. The facilities are known as vocational education and training sites. (VET) the accumulated data is derived from a series of 44 written surveys including interview responses. Five focus groups were also included from the various facilities around Australia, resulting in a total of 64 respondents to the questionnaires. In essence the data paints a picture of a four stage cyclical process, a process of leadership interventions which is characteristic of greater effectiveness. The cyclical process culminates with a leadership style that is enabling for the teacher leader and of the achievements of professional associates. Every individual, including teaching professionals possess their own unique traits, strengths, and personal aptitudes. Among these personal abilities natural leadership qualities can and will emerge in virtually any professional setting. The Falk study identif ies the necessary role of these individual capabilities, and their contribution to the classroom setting. But it also illustrates a higher-level process of leadership that exists within the organization and which is defined by the cyclical process of the leadership intervention cycle. The key issues involved in this particular study hinge upon a question of whether or not the organization will have better overall direction with many individuals that display leadership qualities, or whether a single over all leader/administrator has more of an influence upon the success of the organization. The collective skills of individual teachers according to the study, are not sufficient to explain the overall culture of enabling leadership. A healthy organization, in which leadership principles are nurtured and developed will accrue a form of social capital, this can be instrumental in easing management burdens as well as facilitating diplomacy within the organization. Within a school district , as with other hierarchies often there can be tensions between the demands for efficient leadership as it pertains to risk management, as well as the necessary drive towards innovation, as it pertains to superior efficiency, and the vigorous fulfillment of the organization's mission statement. Thus, an over arching mediator becomes the crucial link in the chain that connects the resources of leadership as they exist on the individual level, amongst teachers themselves. Within the healthy organization this is required to achieve a synergistic effect that provides leadership, and improves the quality of lower – tiered leadership for the institution. This of course, raises questions about the potential of leadership training. Additional professional development to facilitate training of the institution as a whole in some cases can provide more effective leadership for the organization from a top-down perspective, as well as strengthening leadership potential amongst individuals within the organization. The benchmark establishment of professional goals for the school or institution can assist in this process. Q2 Many researchers in this field will cite a community of inquiry model, as core to their theoretical framework (COI). This model comes in many shapes and sizes, with a considerable breadth of information therein.

The Impact of Interactive Whiteboards on Teacher-Pupil Interaction Essay

The Impact of Interactive Whiteboards on Teacher-Pupil Interaction - Essay Example As per Reynolds and Ferrel, an inclusive approach towards education that encourages discussion is bound to enhance the quality of teaching (1996). Several experts and agencies have applauded the introduction of IWBs in the classrooms. Also a significant proportion of the teacher oriented journals and publications also testify to the efficacy of IWBs. The British Educational Communications and Technology Agency (BECTA 2003) while reviewing the available literature on IWBs noted that the very fact that the usage of IWBs in classroom teaching stimulated the students to interact physically and intellectually with the media certainly improved the overall quality of learning. Levy also praises the visual appeal of the IWBs to the students and the ensuing possibility of a more physical interaction, which motivated the students to respond to the teachers' queries (2002). Ball regards the IWBS to be a unique media that makes the entire teaching process more student centric, thereby giving students a sense of control and confidence (2003). Glover and Miller noted that IWBs pleased the students as a majority of the students liked making presentations before the class (2001). In the study conducted by Levy, a significant number of students reported that the mutual sharing of views facilitated by IWBs furnished a better articulation of ideas (2002). IWBs are considered to be more acceptable to the contemporary students because they are already used to media images in their day today life (Richardson 2002). Also in a large number of studies, the teachers agreed to the relevance of IWBs because of the element of anticipation that they brought to a lesson (Glover and Miller 2001). As per Kennewell, IWBs enhanced the students' attention and engagement in a classroom scenario by extending them the opportunity to discuss their work and views before a group (2001). The focus of this article is to establish the level of veracity of the above mentioned views in the light of the empirical evidence gathered through research. "Given the lack of empirical evidence to support many of the assertions made about the benefits of IWBs in promoting teacher pupil interaction, this study set out to investigate their impact on the interactive core of whole class teaching in the NLS and NNS with Year 5 pupils. The study was therefore designed to test the claims that IWBs can be used as a pedagogic tool to promote interactive forms of learning and teaching, thereby changing traditional patterns of whole class interaction and discourse (Smith, Hardman and Higgins 2006)." Key Terms Successful Teaching - "Teaching that is discursive, characterized by high quality oral work and interactive, encouraging, expecting and extending pupil's contributions (Department of Education and Employment 19

Critical Analysis, Compare and Contrast Characters Essay

Critical Analysis, Compare and Contrast Characters - Essay Example The central character of the play, Clay has been presented as a twenty-year-old black man, or, a Negro. Here the playwright presents the Negro as the one compromising his own identity in order to maintain a peaceful relationship with his white oppressors. The playwright presents Clay as a typical bourgeois black male that Lula, his co-passenger, the representative of the whites, could easily recognize his life history. His way of dressing, style of speech and his demeanor help her recognizing his class, intellectual capacity and his very nature with full of pretensions. The story of the play occurs in the train journey where Clay is attracted to the sexy, young woman, Lula, who begins a taunting seduction of him and invites herself along to his friend’s party. But she suddenly violent racist words against him. Though Clay tries to control her with intellectual dexterity, he fails in his attempt and retaliates by slapping her twice and says that neuroses of black men can be cur ed with her murder. But she stabs him when he made his apology for his actions and bend to take his shoes. After murdering him, she instructs other passengers to help her to throw his body out of the train. The play ends when Lula approaches another black man in the same way she approached Clay by giving the audience the hint that the attitude of the whites to the blacks have a continuity. Walker Vessels is the central character of Amiri Baraka’s popular play The Slave. The play has been subtitled as "A Fable in a Prologue and Two Acts," in which an old field-slave, Walker Vessels provides a brief introduction to the play in the Prologue. When the play begins he appears on the stage as Black revolutionary Walker Vessels. Vessel meets with his former wife Grace, a White woman, to take his children with him. Vessels kills Grace's husband (Easley) as a Black revolutionary and appears as the old field-slave, as appeared in the prologue, when the play is concluded. The comparative study of the two characters brings out similarities as well as differences between the two characters, Walker Vessels in The Slave and Clay in Dutchman. The most important comparison between them is that both of them are Black Americans who had to undergo severe neglect and are subjected for mental torture. It is the ill treatment from the part of Lula that makes clay reacting and the same leads him to his tragic death. Regarding Vessels, he was also confronted with the neglecting attitude of his former wife, Easley, a white woman. But contrary to the behavior of Clay, Vessels decides to protest against the injustice and kills Easley’s husband and gets back his children, though it is not sure whether they survived war. Baraka presents the character of Vessels in a peculiar way; a person one who fluctuates from laughter to anger, from tenderness to cruelty, from Standard English to Black English; he even dances and makes up a song (Barrios). Comparing to Clay, Vessel is an el oquent person that he could use every means to express himself. A close observation of his way of expression reveals that his taking action is not only shown in his overt militancy but implicit in his spoken and body language of gesture and movement as well (Barrios). Comparing Vessel to a saxophone; which can produce different notes and sounds that convey multiple moods will be quite apt to describe his character. But Clay is not a man who tries to meddle

Cime criminology and modernity Essay Example | Topics and Well Written Essays - 2000 words

Cime criminology and modernity - Essay Example When a bank makes a mortgage loan it is balancing risk with probability of repayment in an attempt to maximize profits. Firms engaged in international trade may hold reserves in a variety of currencies to minimize the risk of currency fluctuations. In each of these examples the company in question is trying to minimize risk. The following discussion will focus on the emerging term of risk management and risk minimization in the context of criminology. Initially, the term will be defined. Then the development of the concept will be outlined. Subsequently, the implications of the emergence of the risk minimization paradigm will be explored. Finally, a concluding section will examine the broadest implications of risk minimization for criminology and the future of the view of criminology as the art and science of reducing risk. Risk Management Defined More recently, the term has been adopted by the criminology field. In criminology risk management focuses on assessing the risk to society a given-offender presents and allowing that assessment to define the response of the criminal justice system. For example, offenders identified as the greatest risk to re-offend are treated more harshly and incarcerated or most closely supervised. Those presenting less of a risk are less closely supervised. The idea is to target the majority of resources and interventions at those most likely to act anti-socially in the future. Risk management is deemed to be a useful tool for determining the allocation of resources in the criminal justice system and a useful tool for determining the level of intervention (incarceration, length of incarceration, supervision, and level of supervision) necessary for a given offender. According to Kropp and Kropp (2002) risk management is prevention oriented approach as it attempts to match interventions with the level of risk (of recidivism) that individuals present.2 They define risk assessment as â€Å"the process of speculating in an informed way about the aggressive acts a person might commit and to determine the steps that should be taken to prevent those acts and minimize their negative consequences.†3 In criminological terms seeks to match resources to needs in an effort to minimize risk to society by matching intervention to the likelihood of an individual to commit future anti-social, violent or criminal acts. Robert S Cormier provides a useful summary of the range of contemporary risk assessment:4 Risk assessment has been commonly used to classify offenders in order to place them in suitable levels of institutional security.... Assessments are also done to assist in decisions regarding when and under what conditions an offender might be released from prison into the community, and are used to determine the appropriate treatment interventions and the level of supervision required to maintain an offender safely in the community. Risk assessment is the measurement tool, risk management is the act of pairing interv ention to level of need, and risk minimization is the objective of the risk management school of criminology. The Origins of Risk Management Kropp and Kropp acknowledge that risk management in criminology was initially crude, impoverished and inaccurate.5 Historically, â€Å"

A musical score of Citizen Kane utilizing Gorbman methodology Essay

A musical score of Citizen Kane utilizing Gorbman methodology - Essay Example This research will begin with the statement that Ð µhe notion that music in films usually has powerful effects on its viewers in indisputable. However, the careful examination of the reason behind the effects is greatly ignored. People tend to correlate previously unassociated pieces of drama to what is heard in a film music. Basically, any kind of music played in a film has to have a purpose. Every spontaneous melody or pre-composed piece is a potential option for a cinematic soundtrack (Patrik 45). One has to ask how and why people are so interested in combining drama and music in a film. While it is evident that the full emotional effect of a movie scene is carried through the successful interpretation of audio and visual information, the music in the movie still carries a significant effect for the interpretation of the director’s intent and style. The objective of this paper is to provide an analysis of the musical score of the movie Citizen Kane by utilizing Gorman and Kassabian methodologies.

Design of Delay Unit Lab Report Example | Topics and Well Written Essays - 1750 words

Design of Delay Unit - Lab Report Example This means that the pin will deliver only 200mA Pin 6 – this is the threshold pin of the chip. This pin detects two thirds of the rail voltage for it to make a LOW state output only if pin two is in HIGH state. This pin contains a very high impedance and triggers at about 1uA. A 555 timer based oscillator is a circuit that generates highly and clear free running waveforms. The output frequency of these waveforms can be adjusted by connecting an RC circuit with one capacitor and two resistors. This circuits is a type of the general relaxation oscillator which generates square waveforms that are stable. These waveforms can have a fixed frequency of about 500 kHz or it can have duty cycles that are varying from fifty to a hundred percent. Unlike monostable circuits that stops after the pre-set time has elapsed, this oscillator circuit has a re-triggering mechanism achieved by interfacing the trigger input pin two and pin six which is the threshold voltage. This makes the device t o be an astable oscillator circuit. In the above oscillator circuit, pin two and pin six are connected together. This allows the circuit tio have a self-triggering mechanism in each operation cycle. This makes the circuit’s operation a free running oscillator. This circuit is also known as voltage-to-frequency converter. This is because its output frequency can be varied by varying the applied input voltage. These waveforms can have a fixed frequency of about 500 kHz or it can have duty cycles that are varying from fifty to a hundred percent.