Essay about Unemployment vs. Inflation - 895 Words

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

Physics Pendulum Lab Free Essays

Katherine Unman Introduction/Purpose: Pendulums serve a huge purpose that are often overseen by many due to technological advancements being made In the everyday world. A simple pendulum consists of a small object (the â€Å"bob†) suspended by a lightweight cord. The mass oft he pendulum is actually only the mass of the bob; the mass of the string is not included. We will write a custom essay sample on Physics Pendulum Lab or any similar topic only for you Order Now The period of a pendulum is the amount of time for the bob to complete exactly one cycle or oscillation back and forth. The length of the pendulum extends from the attached end of the string to the center of mass of the bob. The original aim for this investigation was to â€Å"Investigate the simple pendulum†. There are many variables on could look Into, such as displacement, angle, damping, mass of the bob etc. The most Interesting variable, however, Is the length of the swinging pendulum. The relations p between the length and the time for one swing (the period) has been researched for many centuries, and has allowed famous physicists like Isaac Newton and Galileo Galilee to obtain an accurate value for the gravitational force acting on it, â€Å"g†. Len this simple investigation, we performed two activities to visually observe what affects the period off pendulum, mass or the length of the string. Hypothesis: With our previous knowledge of pendulums and the forces acting on a pendulum, we hypothesized that the length of the string along with gravity would affect the period a ND the mass of the bob would not. Materials: In order to complete a successful Investigation, numerous supplies were needed. Without these materials, our observations would not have been as accurate. The mat aerials we used are: 1. Meter stick 2. Stopwatch 3. Pieces of string, 3 of the same length, and one off different length 4. Washers 5. A partner 6. Pen/pencil Procedure: When effectively Investigating what affects the period of a pendulum, some simple ye vital steps are necessary to follow. In this experiment, two activities were performed t hat share a set of Instructions. These were: 1. Gather all the materials How to cite Physics Pendulum Lab, Papers

Voltaire Essays (190 words) - Age Of Enlightenment, Philosophes

Voltaire Francois Marie Arouet was born on November 21, 1694 in Paris. Voltaire was a nickname given to him and he became one of the greatest writers and philosophers b/c of his style, intelligence, and keen sense of justice. At the age of 16 he left school and made new friends. The Paris society enjoyed his company b/c of his cleverness, humor, and his ability to write verses. In 1717, Voltaire was arrested for writing a series of satirical verses ridiculing the French government, and was sent to the Bastille. He spent 11 months in prison and while he was there he wrote his first major play. Then Voltaire made the mistake of making fun of a powerful nobleman and he was given the choice of exile or imprisonment for a punishment. Voltaire chose exile and he moved to England. After his return to Paris he wrote a book about English customs and institution. The book was said to criticize the French government and he was forced to leave Paris again. He then moved to French-Swiss border where hr li ved until he died at he age of 83 in 1778.

The Pledge essays

The Pledge essays I pledge allegiance to the flag of the United States of America... We daily quote these words but we rarely take into consideration what its true meaning is. I believe all Americans should pledge their allegiance to our country my reasons are what follows. I shall pledge my allegiance in my teen years by taking programs such as Student Council, which I am Vice President of our Jr. High. And FCCLA when I get into high school which prepares you for your future and you do things like pick up trash for your community. In high school there is a mentoring program which involves you to help younger kids learn by tootering and mentoring them. Something I may be interested in when I get out of school may be the military. In the Navy I could keep my oath over seas, or the Air Force where I could hold it safe in the sky. Maybe the army where I could control it during a gun fight. It would be an honor to serve my country in a way I could be proud of. In the armed forces men and women sacrifice their lives to protect other Americans. So the men and women that have fought in wars should be appreciated for their courage. Another high point in my career will be politics. Politics are the base of this country they serve and hold their pledge by siting in a room discussing laws and other things important to controlling this nation. Without Politics are country would be lost. As soon as I am Eighteen I will vote for our. The main point I am coming to is that I am an American and my pledge will live on until I die and will hopefully rub off on to someone else who is in dire need. ...

The Different Elements of the Crime of Murder

The Different Elements of the Crime of Murder The crime of murder is the willful taking of another persons life. In almost all jurisdictions murder is classified as either first-degree or second-degree. First-degree murder is both the intentional and premeditated killing of a person or as it is sometimes referred to with malice aforethought, which means the killer deliberately killed out of ill will toward the victim.​ For example, Jane is tired of being married to Tom. She takes out a big life insurance policy on him, then begins to spike his nightly cup of tea with poison. Each night she adds more poison to the tea. Tom becomes gravely ill and dies as a result of the poison. Elements of First-Degree Murder Most state laws require that first-degree murders include the willfulness, deliberation, and premeditation to take a human life. It is not always required that proof of the three elements are present when certain types of killing occur. The types of killing that fall under this depend on the state, but often include: The murder of law enforcement officerUsing unreasonable force that results in the murder of a childMurder occurring in the commission of other felonies, such as rape, kidnapping, and other violent crimes. Some states qualify certain methods of killing as first-degree murder. These usually include particularly heinous acts, torturing to death, imprisonment resulting in death, and laid in wait murders. Malice Aforethought Some state laws require that for a crime to qualify as first-degree murder, the perpetrator  must have acted with malice or malice aforethought. Malice generally refers ill will towards the victim or indifference to human life. Other states require that showing malice is separate from, willfulness, deliberation, and premeditation. Felony Murder Rule Most states recognize the Felony Murder Rule which applies to a person committing first-degree murder when any death occurs, even one that is accidental, during the commission of a violent felony such as arson, kidnapping, rape, and burglary. For example, Sam and Martin hold up a convenience store. The convenience store employee shoots and kills Martin. Under the felony murder rule, Sam can be charged with first-degree murder even though he did not do the shooting. Penalties for First-Degree Murder Sentencing is state specific, but generally, sentencing for first-degree murder is the toughest sentencing and can include the death penalty in some states. States without the death penalty sometimes use a dual system where the sentence is a number of years to life (with the possibility of parole) or the with the sentence including the term, without the possibility of parole. Second-Degree Murder Second-degree murder is charged when the killing was intentional but not premeditated, but also was not done in the heat of passion. Second-degree murder can also be charged when someone is killed as a result of reckless conduct without concern for human life. For example, Tom becomes angry with his neighbor for blocking access to his driveway and runs into the house to get his gun, and returns and shoots and kills his neighbor. This could qualify as second-degree murder because Tom did not plan to kill his neighbor in advance and getting his gun and shooting his neighbor was intentional. Penalties and Sentencing for Second-Degree Murder Generally, the sentencing for second-degree murder, depending on the aggravating and mitigating factors, the sentence can be for any range of time such as 18 years to life. In federal cases, judges use the Federal Sentencing Guidelines which is a point system that helps to determine the appropriate or average sentence for the crime.

Strategic Management Essay Example | Topics and Well Written Essays - 1500 words - 2

Strategic Management - Essay Example Apart from the tangible benefits in terms of financial loss, the firm also faced huge crisis in terms of losing intangible losses such as that of skills and experiences. Along with these losses, the firm also faced problem that was in the form of diversion of attention from better opportunities for avoiding risk. The decision of selling out the unprofitable business units was generated as renovating plans for the 21st century. Fundamentally, four aims were set for this era that included the following: (a) reduction of operational holdings that failed to either achieve the short-term goals or are not fit for the firms long-term sustainable strategy and a targeted profit of 600 to 700 million Dollars was anticipated from their sales; (b) reinvestment of the accumulated profits from these sales to profitable business areas of the firm; (c) improvement of equity return from these reinvesting strategies in the long run; and (d) strengthening of the firm’s financial position in term s of reviewing balance sheet and position of credit. The firm followed the benchmarking technique with the help of BCG matrix utilization and derived that the structure of the firm would be designed as such that it would be comprising of mainly four business units: financial services, energy, packaging and forest products. Following the designed strategies, the firm insisted on selling the unprofitable business units but in this case also the firm faced the same problem of being unable to achieve strategic targets. It failed to generate the targeted 700 million Dollars sales from those units and achieved a figure which was around 250 million Dollars lesser than that was targeted. Prior to providing recommendation based on the analysis of the current situation of the firm in the form of a strategic plan of five years, it is essential to present a brief outlook of each of the positions of business units or the exact situation that the firm at present is facing. Lockwood Group’s financial services unit is believed to be strongly positioned within the industry. It is due to the efficiency of the management that this business unit has become able to enhance their targeted segment of the market and also have become successful in avoiding any grave situation of cut throat competition with huge and potent competitors. Avoidance of competitors was essential for the business units holding a brand new position within the industry. With regard to the business position of energy, the firm is in a strong position in spite of being an initial operator within the industry but taking into account the firm’s abilities in production and exploration of energy, its position is not that strong. The unit of production and exploration is believed to be at a risky position as the firm does not hold strong position of investing huge amounts of money in exploration activities and also are reluctant in taking risk through exploring in adverse situations. In the packaging se gment of the firm’s business, it is holding an uncertain position as in order to become successful in this segment, the firm would have to remain updated along with the

Western Culture Research Paper Example | Topics and Well Written Essays - 750 words

Western Culture - Research Paper Example Culture is inherent in a society, and that culture affects and influences the way that particular society conducts its business( Henry 1999 ). Due to the advent of globalization, companies have sought overseas operations to expand their market as well as gain from trade agreements. More so, the availability of cheap labor has attracted multinationals to invest in Southeast Asia ( Philippines, Thailand, Indonesia), especially in China. However, issues in organizational behavior always resurface as western methods of management are fitted into Asian culture. In order to prevent this misunderstanding, it would be best to identify critical issues in business culture. An important model in understanding business culture was developed by Geert Hofstede. He firmly believed that a misunderstanding of business culture can have tragic consequences for companies (which was the case of Wal-Mart ) resulting to great financial loss . Hofstede’s statement is clear â€Å"Culture is more often a source of conflict than of synergy. Cultural differences are a nuisance at best and often a disaster†. The case which I would present is about the reflections of a consultant of one of Ohio’s oldest manufacturer of metal parts. The American business owner established a small business in China along with a Chinese business partner. The case is not really about total failure of a western business in China, rather, a few adjustments have to be made to be able to survive within the Chinese business culture. One problem that was specifically observed by westerners is the Chinese optimist attitude of â€Å" NO Problem† which seems refreshing to a westerner. However, the westerner only realizes later that there is indeed a presence of seemingly insurmountable problems which should be resolved later on. To be more specific : One of the first American business owners whom the Cunningham’s met in Changzhou warned them to expect that at the