Lag College Essays Samples For Students

Question 1. Explain the two theories of aggregate supply. On what market imperfection does each theory rely? What do the theories have in common?

Answer:

Sticky-price theory: price for the goods on the market do not change immediately to different occasions that might influence this changes. The goods on the market can’t be out bought instantly. Some firms respond to this by reducing the number of products, instead of price reduction. They do that, because they want to evade profit loss.
Imperfect information theory: this theory purpose is to model the relationship between changes in the money supply, ...

Intermediate Economics

Chapter 13

Q1. Explain the two theories of aggregate supply. On what market imperfection does each theory rely? What do the theories have in common?

Answer: The two theories of aggregate supply are explained as follows.

Sticky price model: The model suggests that firms do not immediately change the prices in response to the change in market demand. The prices are also set by agreements between firms and customers. The market imperfection is that prices usually in goods market do not regulate with changes in demand. Sometimes even with the fall in demand, some firms reduce output rather than the prices.
Imperfect information model: This model assumes that prices ...

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 ...

When employers are developing structures for internal compensation for their employees, it is important that they determine the way it wants their rates to compare relative to the existing markets. For instance, they could match, lead, or lag the market depending on their financial standing and performance expectations (Paul & Elder, 2012, pg. 347). Alternatively, they could employ a combination of the three options to match their performance needs.

Benefits of Leading the Market in Overall Compensation and Benefits

The strategy of leading the market entails paying rates that are in excess of what is prevailing in the marketplace. The benefits that accompany this strategy include an increase in the ...

Introduction

Over time, the growth of a city of a locality leads to the increase in the demand for electricity. The growth in population and the commercial activity puts pressure on the national grid. Without commensurate investments in the generation of power, the increase in demand results in shortages. To supplement the shortage of electricity in the region, more power can be brought in from the generation sources. However, this is complicated if the power generation plants are located far away. This is because more high voltage overhead transmission lines would be required. The Ministry for the Environment (2010) finds ...

According to , Intellectual disabilities, which were once referred to as mental retardation, are characterized by “below average intelligence or mental ability and a lack of skills necessary for day-to-day living. People with intellectual disabilities can and do learn new skills, from mild to profound”. The cause of these disabilities range from; genetic conditions like, Down’s syndrome and fragile X syndrome; problems during pregnancy, such as alcohol or drugs, malnutrition, certain infections etc; problems during childbirth like low oxygen tension; and illness like meningitis, whooping cough, measles or injuries like head injury, near-drowning, extreme malnutrition etc.
Of the above ...

(Author Name)
(Institute)

Introduction

Fast Fashion as a category has made significant inroads into fashion retail in the past two decades, with companies like Zara, Hennes & Mauritz AB (H&M) and Uniqlo establishing their presence as leaders in this segment. Due to the nature of the fashion business, the supply chain is highly fragmented and is divided across multiple geographical regions across the world. Traditional fashion labels have a lag time of close to 9 months between the time their creations are shown on the ramp at a fashion show and the garments actually being available for purchase in stores (Su and Gargeya, ...

In spite of the great strides made by the international women’s rights movements over the years, women in Arab countries still face issues related from the economic, cultural to the political. Women are denied the chance to political participation, equal wage, and even access to quality and higher education. Women’s rights are the entitlements and rights claimed for girls and women in the society globally. Women in most Arab countries the UAE and Saudi Arabia included are struggling to preserve their dignity and rights. Women have been subject to restrictions of their rights and freedom, but the ...

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 ...

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 ...

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 ...

Market-based compensation program is much greater than the structure of a wage range. In general terms, it is an overall compensation concept driven on the present market value situations for attracting preferred talent (Armstrong, 2012). Other primary considerations that propel market compensation strategies incorporate:

Competition

Understanding competitors pay practices remain a major consideration when identifying market value for task. Moreover, they determine whether they match, lead or lag the market in their overall remuneration practices (Boeri, 2015). Firms such as Facebook, PayPal, Google, Apple, Twitter, and LinkedIn are recognized for their market-prominent reward program, although how each get there varies. ...

Abstract

There are many economies that have developed at a significant pace, such as Japan, and many economies that are flagging behind these countries, such as India. Is this development hindered or encouraged by internal and/or external factors? The question remains as to why certain countries are developing faster than others needs to explored, which is what the first half of this essay will do. An analysis will be conducted into how the role of the state, stimuluses for modernisation, social structure and cultural factors play their part in either hindering or encouraging development in these countries.
The interference of ...

The fundamental differences between discretionary and automatic stabilizers lie in the timing of the implementation and ways of achieving particular objectives. In this regard, discretionary stabilizers involve macroeconomic policies basing on the judgment of the decision makers at a given moment as opposed to the policies set by former rules. It follows that discretionary policy would not follow preexisting rules strictly. In this regard, the discretionary stabilizers are reactionary i.e. responds to changes in the economy. For instance, the government can create a job drive for its citizens.
Moreover, the subjective judgment of the policy makers is an essential ...

Health care costs are increasing throughout the world (Stabile et al., 2013). US spend more on health more than any of its European peers. For instance, in 2013, US spent 17.1% of its total GDP on health care while France and Germany spent only 11.7% and 11.3% respectively, of their total GDP on health (World Bank, 2015). Despite this massive expenditure health, the Europeans receive better health care quality than the Americans. There is a correlation between health care spending and quality of care provided (Stabile et al., 2013). Therefore, reforms in the health care spending might be associated ...

Personal Project Proposal: Understanding Personal Loan Repayment

Personal Project Proposal: Understanding Personal Loan Repayment

Personal finance is an area of major concern for individuals, especially as it regards responsible borrowing. The following project will work to define personal finance issues, specifically regarding the repayment of personal loans. Personal finances can be managed by using formulas and charts to determine the repayment schedule for, and calculate the cost of various repayment plans for personal loans.

Application of Mathematical Concepts

A variety of mathematical concepts can be used to understand, calculate, and compare approaches to personal loans. An algebraic formula can be created to calculate the cost of interest for various repayment ...

Abstract

The importance of social media websites is constantly increasing. Now they play a significant role in the daily life of every individual. Businesses are also involved in the social media, as these websites represent many opportunities for them, such as advertising, promotion, customer relations, receiving feedback, and etc. Due to the significant importance and time consuming of social networks, there appeared many issues related to them, e.g. the use of social media websites in the workplace, work productivity, and changes in the employer and employee relations. Nowadays employers face many issues with the use of such websites by their ...

On 13 December 2012, Robert Parker, a sports columnist and panelist made racially motivated comments about Robert Griffin III; a Washington Redkins rookie quarterback during an ESPN sports panel show. Parker, an African American himself, questioned whether Griffin was a true African American due to some of his characteristics and behaviors; both physical and social, which seemed to be deviant from those of the “conventional” or “typical” black individual. Parker referred to Griffin as a “cornball brother”, something that his fellow panelists had no idea about and that consequently left them bewildered. Parker then went into a lengthy explanation of what he r meant ...

Essay

Bacteria in a closed bioreactor grow and decay in four stages because they sterile culture of cells. It a bioreactor incorporates environmental conditions such as temperature, dissolved gases and nutrient concentration that integrate to help bacteria and eventually decaying. The underlying conditions make the bacteria to grow to maximum level. Since the bacteria is in a closed bioreactor, the underlying conditions become more as the maximum growth is attained thus leading to their decay.

Lag phase
In the lag phase, growth and reproduction has just begun. Inoculum is the bacteria undergoing metabolism and the environmental conditions required include nutrient limitation, inhibitors, ...

Introduction

Q1 . The fundamental requirement for a living cell to sustain itself are a carbon source, an energy source, an electron donor, an electron acceptor and elemental nutrients(N,P, S, Mg,) etc. Explain how each of these fundamental requirements are needed by the living cell to function. Explain how the cell can maintain its own internal biological processes without being in equilibrium with the external environment.
The living cells can function within a constricted range of such conditions such as nutrient availability, pH, ion, temperature, etc. The cell must coordinate different chemical reactions and consolidate many different molecules into definite structures, ...

Question 1

African-Americans
45,003,665 (14.1% of the U.S. population), according to the U.S. Census Bureau in 2013
Fertility rate: 2.0 births per woman (PRB 2012).

Life expectancy: 74.4 years (Reinberg 2014)

Literacy: the average African-American twelfth-grade student reads at the same level as the average white eighth grade student (Thompson 2013).
Crime: African Americans are now about one million of the 2.3 million people in prison in the United States, and they are incarcerated at about six times as high a rate as white people (NAACP 2013).
While there are many different theories that surround the performance gap that exists between African ...

Ten American values are as found in the text

- Education is the value that makes each person understands their background and why they act the way they do (Kendall, 2013). The value enables individual to sensitize and enlighten developments within the society.
- Religiousness is the idea of studying every aspect of religion from what believed to how persons perform while in devotion and while living out their definite beliefs.
- Sex and sexuality are values that offer a historical sociology analysis of ideas about expressions of sexual desire, body’s images, and transgender. The value gives discussion on intersexuality, cross-dressing, and transgender (Kendall, 2013). The ...

Global Restructuring and the Impact on Women in the Service Industry

The role of women in the service industry exemplifies the struggle they undergo, both physically and mentally, in order to satisfy and comply with their employer’s wishes. In the process, they are degraded, rebuked, discriminated, paid less, made to work more, and dispensed with. Toward the end of the twentieth century, and the beginning of the twenty-first century, the world witnessed a surge in social-economic and socio-political changes that instigated changes to challenge and compete in a globalized world. Women were recognized for their contribution to science & technology, arts and humanities. Inequality gave way to equality and men and women ...

Discrimination defines the distinguishing or prejudicial treatment of a person on the basis of their perceived or actual membership in a certain category or group. This includes gender, race, ethnicity, sexual orientation, religion or national origin. This forms the basis under which members of a group are restricted from the privileges and opportunities that are offered to another group (Haslyn 2012). This leads to the exclusion of a person or entities on the basis of irrational or logical decision making. Discrimination has been experienced in the United States especially between the whites and the black Americans. This has affected many aspects of black ...

Healthcare is big business in the United States. The nation spends more on healthcare than any other country in the world. By 2019, $4.5 trillion, or 20.3% of the GDP will be on healthcare and related expenditures. Patients in hospitals are currently covered by private insurers more often than patients covered by Medicare, Medicaid, and the uninsured
Except for the relatively few patients that are private pay, there is a lag time from the time the patients are admitted until the hospital is reimbursed by the insurance companies for their services. Hospitals do receive some of their short-term expenses ...

Operations Concept

Concept of operations is basic, yet complicated to any management system in business, the purpose of operation management is how an individual, group or the whole company as a whole, by utilizing operation management to success in the future. It is upon application of these concepts that desired objectives are achieved including a smooth running of a business and good definition of policies and ethics that govern the business. In this case, operations concepts focus much on the transportation network that a company undergoes in the event of running the day to day activities. As indicated in Deschutes County ITS Plan (2005, p. ...

Effects of colonialism on the development of Modern African States

Ramat-Gan (2011) advances that the advent of colonialism in Africa formed the basis of the economic underdevelopment that continues to plague the countries in the modern world. The introduction of colonialism is linked to the many problem associated with the atrocities that the colonial masters implicated on the poor civilian natives of the time. Duke (2010) observes that the colonialism in Africa took different phases and faces. While the British used the direct and indirect rule in some areas, the French adopted the assimilation policy. Whichever the method that the colonial masters had, one character trait that they shared ...