Essays on Amount Of Money

INTRODUCTION

It is the belief of most people that when stronger law enforcements are applied, it will help in getting the drugs off the market, thereby making the streets to become safe. However, the evidence that exists with the Drug Abuse Council challenges this belief. The council confirmed that an increase in the price of one bag of street heroin in any given month from $7 to $9, there would be an increase in the number of revenue-raising crimes from 11,000 per month to 12,000 per month due to heroin trade alone (Friedman 1).

AN OVERVIEW

PURPOSE OF THE MODEL ...

What are the determinants of the Deadweight Loss?

Introduction The deadweight problem happens when the government through an attempt to increase their earnings from the goods in a country increases the taxation on them. It happens when they impose a certain amount of tax on certain commodities in the market and the end consumer as well as the producer in charge of the production process forced to lose the whole or part of their surplus. The loss they both suffer is the deadweight loss. The government has the right to earn some form of income from the trade activities within their borders. However, they also need to ...

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Human organs for sale! As odd as it may sound, there is really an existing industry that caters to those who need organ replacement to save and prolong their lives. However, this industry is not legal, and it is commonly known as the organ black market. As of January 2016, the National Kidney Foundation reports that more than 100,000 people in the U.S. are waiting for kidney transplants. A person, on the average, needs to wait around 3 years before getting a donor. Aside from kidney, many other organs are also in demand, such as liver ...

Introduction

Compliance is social influence where an individual does what someone else requests. Past studies have found multiple social compliance techniques. The most common of these are the Low-Ball strategy, Door in the face strategy and Even a penny will help strategy. This study aimed to determine the effectiveness of each of these techniques in trying to get donations from people. In the current study the first independent variable was compliance strategy (Control, Low-Ball, Door-in-the-face, Even a penny will help), the second independent variable was showing a donation receptacle (full jar, empty jar), and the dependent variable was compliance operationally ...

Budgeting is the process of calculating monthly expenses from one’s income. Developing budgets allows individuals to know in advance, whether they would have enough money after paying for all expenses to spend on the things that they want to do like going to the movies or going on holidays. Budgeting helps individuals to keep their priorities straight. With budgeting, they can focus on and prioritize the list of things to do and spend their available budget accordingly. In lament terms, budgeting stop individuals from wasting their money on unnecessary things that they do not need. Keeping a monthly ...

Business and Law

BUSINESS AND LAW Introduction The breaching of contracts and denial of human rights have risen over the past few years due to the lack of enough knowledge. The paper covers several cases whose judgment is based on the Australian common law and consumer acts in the IRAC format

Question 1

Issue: Does Brenda have an action against Steven for the breach of contract? Rule: According to the Australian contract law, an anticipatory breach of contract can occur from time to time. An anticipatory breach of contract refers to where one party informs the other that they will not deliver what was ...

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 ...

Childhood Obesity: An Overview

The rate of childhood obesity remains to be high in the past years. According to the Centers for Disease Control and Prevention (2015b), 17 percent of children and teenagers or 12.7 million young individuals in the United States are affected by obesity during the past decades. Childhood obesity in children is determined by the child’s body mass index (BMI). Compared to children of the same weight and gender, a child is considered obese if his or her BMI is in the 95th percentile (Anderson & Butler, 2006). This is a serious condition. Obesity increases mortality and morbidity and presents ...

The first article explains how the human brain is hard wired to prioritize short-term gains over long-term benefits by explaining procrastination, loss aversion, and unwillingness to let go of superfluous expenditures. From this reading, I learned that taking immediate action regarding financial affairs that may not provide immediate benefits, such as a 401(k), can make a substantial difference in the long term, such as in life after retirement. Also, letting go of investments that have proven to be unsuccessful can save a considerable amount of money. The second article provides advice for people over 40 years old who ...

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

It is important to acknowledge that the type of a retirement account one selects has a significant impact on their savings and other family investments. This is the reason many economists and sociologists places a major emphasis on the need to understand the difference that exists between IRA’s, 401(k)’s , Traditional IRA and Roth IRA. The understanding of these retirements accounts greatly influences an individual’s capacity to select the best account (Reichenstein, Stephen, and William, 73). Apart from understanding the differences between the retirement accounts mentioned, it is also crucial for individuals to have knowledge concerning ...

The term liberal refers to the process of supporting proposals for reforms, opening up to new ideas in pursuit of progress, and being accommodative of people’s ideas and behaviours, which can simply be regarded as being broad-minded. Classical liberalism, on the other hand, has been described as the notion that government engagement in matters of the economy within the marketplace does not serve to promote growth. In that, the market alone can be depended upon to regulate the economy by seeing to it that effective business people prosper while ineffective business people sublime. Therefore, the law of demand ...

Executive Summary

The report comprises of two main tasks that are financial ratio analysis and distress analysis to determine and evaluate the financial performance of HSBC. The case study is prepared to analyze the financial conditions of HSBC. HSBC Bank Plc. is one of the largest financial services providers in the world. HSBC operates in Finance and Insurance industry that is highly competitive in the global market. The decline in values of current ratio, quick ratio, and cash ratio reveals that the company did not succeed in maintaining stability in its financial position, but the decrease of 0.02 and 0.01 is ...

Introduction – Background to the case

Negotiations are always a critical aspect related to the operations and management of an organization which is essentially of a non-profit character. Being the Chairperson of the Board at Midwestern Contemporary Art (MCA) it is important to have a balanced approach to the resolution of a conflict with the MCA and Peter and Catherine Smith. While it is indeed out of character to coerce the Smiths into payment of the pledge especially after being able to meet them and understanding their present predicament, it is also crucial to ensure that the best interests of the MCA are upheld especially ...

Abstract

The healthcare systems comprise of many services that can lead to the successful delivery of treatment to the patients. Patients can receive their treatment and then the member or the hospital can contact the third party payer to reimburse them. There are numerous reimbursement methods and clients chose one that they. The methods include; the Value-Based Purchasing Medical Reimbursement, pay for performance, fee-for- service and episode-of-care payment. Each method has both its advantages and disadvantages to either the patient or the hospital. An acute care hospital which provides quality treatment to the patients within a short period utilizes the ...

Abstract

The US economy thrives on the proper functioning of the monetary policy of the government of the day. Interest rates, inflation and recession are all related and happen to influence proper functions of the government warranting their clear understanding. As a victim of a recent economic recession, a consideration of the role of interest rates on the overall functioning of the economy becomes particularly important. This paper shall seek to understand the concept of interest rates and how they affect the economy of the United States of America. The paper, in doing this, shall consider the causes of the ...

Introduction

There has been a great change going on in the world technologically. Technology has helped people find easier ways to perform different tasks and duties. It has reduced the time people take to perform the different tasks and duties. Technology has been embraced and applied in different areas. An example is in the production and manufacturing industries, where there are better machines that help reduce overall production cost, time, and manpower. The paper, however, focuses on information technology. Sending and receiving information has become a lot easier and faster. Some challenges come up from the technology. When it comes ...

Financial management is effective management of monetary resources of the organization. It helps the organization to plan, organize, direct, monitor, and control the financial activities efficiently and run the operations smoothly. I have learned different concepts of financial management in the class. I have learned that financial ratios play are useful in accessing the business performance and provide information about the company’s financial situation. The application of financial ratios allows examining the financial structure of the organization and comparing it with other competitors. I have understood that it helps the financial analyst to implement different strategies and improve ...

Article Reviews

The newly developed SASB allowed companies to take into consideration external events (Eccles, 2016) that cannot be controlled such as the effects of climate change. The reason for the accounting standard addition is that governments cannot ignore the effects on industrial markets and their investors (Eccles, 2016). The value of accounting standards is that it allows individuals, companies, and governments to generate wealth since it allows financial performance comparisons (Eccles, 2016). The problem is that there was no previous standard developed for nonfinancial performances (Eccles, 2016) especially on environmental and social activities.

Areas of Agreement

The advantage of the article is that ...

Introduction

Health has been defined as the best wealth for mankind. The age old proverb that, ‘Health is Wealth’ stands true all the more today, in this contemporary world where suddenly the number of illnesses are on the rise and each day mankind is confronted with a new type of disease caused by some virus or the arise of some new mutant bacteria. The result is an outbreak of an epidemic, causing a huge loss to humanity and a situation of panic for the entire world. Such consequences require immense support in terms of disaster mitigation and sound health care ...

2016-06-06

Literature Research 4 Critical Evaluation 9 III. Conclusion 12

Introduction

Nowadays, project management today is an acknowledged field of professional activity. Methodology and project management tools are widely used in the areas of project-oriented activities, especially in creating new products and services, in targeted changes within individual organizations and companies (Dinsmore and Cabanis-Brewin, 2011). The increasing complexity of economic processes, increasing the number of control subjects, and constraints that are available at our time, such as the unstable operation of the economy, a sharp reduction in public investment, stable, high inflation rate and others lead to that currently required projects ...

Increase Government Spending to Fight Recessions

Introduction Government spending as a recession recovery tool has been the subject of debate numerous times. To date, there is no definitive proof of its success or failure of its application. An active fiscal or a monetary policy is the sum total of the actions taken as a reaction to the current economic conditions; the government chooses to use a specific policy to deal with something in the economy (Mankiw, 2001).

Government spending as a method for lessening recession is a tool that has been proposed and even applied by many governments when they are experiencing a recession. This ...

ITC Ltd.

ITC Ltd.

Introduction

ITC limited is a major organization in the Indian market as it employs more than 29,000 workers in 60 locations throughout the country. As of the year 2011, ITC was the biggest tobacco company in the Indian market, controlling a 75 percent of the market share (Ojha 1). The impact of ITC is both positive and negative on the Indian economy. ITC has been participant in several social responsibility activities, which are part of ITC’s obligation to serve the community from where it makes money. The negatives of ITC are the health related problems caused ...

Introduction

Major Forces Affecting the Delivery of Healthcare Today Various factors influence the delivery of health care. One of the major forces is the cost of healthcare in the current economic environment. The influence of costs in the delivery of care is shown by the increase in the managed care plans, the reduction in the hospitalization periods, and the outpatient treatment (White, Duncan & Baumle, 2010). The other force that influences health care is access to care. Access has a dual element. In addition to the physical access where the health care facilities are physically inaccessible, there is the economic access ...

Business Law Case Study

The issue for determination in this scenario is whether or not the service of process on Dr. Bardwell through his wife service was an effective service. An effective service of process is undertaken when the summons and complaint are handed to the defendant himself, but not any other person. Personal service of process in this case means that even when the complaint and summons are left where the defendant operates business or where he lives, and the agent therein accepts service and signs, it is considered to have been effected, even when it is delivered via registered mail. The ...

Executive Summary

This paper is a market entry analysis report about Arla Foods, a global dairy giant that seeks to enter the newly opened markets of Cuba. It commences by analysing the internal systems and processes of Arla Foods. The analysis identifies that Arla Foods has a strong financial position and it is owned by dairy farmers who have a strong focus on innovative products. The products are in three classes –basic, enhanced and organic. The basic is extremely cheap and might be ideal for poorer countries around the world due to the fact that it is cheap and can be ...

In order for a contract to be valid. Four elements must be present in an agreement, namely, an offer, an acceptance, consideration, and no defenses (Blum, 2013). An offer refers to a communication made by a speaker that creates as reasonable expectation in the listener that the speaker is willing to enter into an agreement according to the specific terms (Blum, 2013). An acceptance is an expression of assent from the listener to the terms of the offer (Blum, 2013). Consideration refers to a promised action that the speaker and listener agree to do or not do that they ...

Public goods game: a group of people play a public game which is based on voluntary contribution mechanism (VCM). VCM is the game in which subjects have a certain amount of endowment (20$ in this study) and decide to allocate the endowment between public account and private account. The contribution to public goods is multiply with marginal per capita return. Marginal per capita return is the ratio of benefit to cost if people decide to give 1$ from private account to public account. An outcome of each player is:

In which ei is the endowment of each subject ci ...

Restatement of initial research questions

Reading is a crucial skill in life. Therefore, it is one of the core skills that learners must acquire. Duggan (2009) states that reading comprehension is affected by many internal and external factors and visual processing. Reading comprehension is defined as the degree of understanding a text (Jager-Adams, 1994). It does not only include the amount of reading time, but also the ability to trigger information from the text. According to Ouellette (2006), the end goal of reading is comprehension. Therefore, reading time does not provide a full picture of reading comprehension because one can quickly skim the text ...

Section 1

One of the cultural myths about the United States of America is that anyone can become filthy rich in the country and it is the land of opportunity. Popular culture and media does not leave any stone unturned in making people believe it is a fact, as several movies and television shows are made on the same theory that helps in solidifying the myth. The reality is far from this myth as there are many people to come to America dreaming of making it big, but fail and turn to ordinary life or return home. Though there are some ...

          The health care delivery system in the United States is unique when compared with delivery structures in other developed countries. In most developed nations, the government manages the national health insurance programs. These programs are financed through taxes collected within the country. Approximately all the citizens of such nations are entitled to insurance services paid by the government (PAHO, 2014). In America, such an insurance policy does not exist. There is a slight difference in the health care structure of various states in the country. This paper is set to analyze the health care structure, compare, as well as ...

Answer 1: The factors that influence the Fed's balance sheet are its assets and liabilities. In assets Fed hold securities like U.S Treasury which is controlled by open market operations. Then the foreign exchange reserves issued by the foreign governments. The SDR(special drawing rights) and gold are official asset, other Federal Reserve asset and the discount loan. In liabilities, the currency in circulation, the reserves i.e. the accounts with commercial bank , government accounts and other liabilities which mainly consist of reserve repo rate. The asset that has increased Fed balance are purchase of treasury and mortgage bonds(Kearns). ...

Background (Darden Restaurant)

It is the world’s largest company-owned and operated full-service restaurant company that served over 423 million meals in the fiscal year 2012. The organization operates in more than 1990 restaurants in the United States and Canada. 1961 of these restaurants are located in the United States, which is the home country for the restaurant with the main brands being Olive Garden (786 restaurants), Red Lobster (677 restaurants) and LongHom Steakhouse (386 restaurants). Others include the Capital Grille, Bahama Breeze, Seasons, eight Eddie and the Seafood Grille. The corporation’s first restaurant, Red Lobster seafood restaurant, was opened in ...

List of Figures

Figure 1: Personal Hygiene advocacy Figure 2: Creating awareness on HIV Figure 3: EMS Ambulance in Action

Executive Summary/ Abstract

SoCal-Care is an organization which was formed in the year 2011 by a group of twenty medical students from the Texas Medical School. The main aim of this group was to help the people in the society, especially women, and small children, by giving them assistance to attain medical care. The group of students came together due to the various medical problems that women and children faced in various parts of the world. The group of students sets their mission to assist ...

Introduction

Play LOTTO Research Lotto game rules (https://www.national-lottery.co.uk/), then design and implement a Matlab programme to generate several sets of Lotto numbers according to the amount of money specified. The relevant information about the Lotto game rules taken from the National Lottery website are enumerated in the following bullet points:

Tickets cost £2 per play

Simply select six numbers from 1-59 or pick Lucky Dip for a random selection Choose how many lines to play The Matlab programme will operate the same way as the Lucky Dip feature of the website. The Matlab programme will randomly generate sets of six numbers from 1-59 that are ...

Personal finance plan

I am a college student pursuing my first degree in a public university. I live off-campus with a friend where we pay 100 dollars per month for rent. The rent is split between both of us. Therefore, I pay 50 dollars per month. One of the major short term goals I have is to graduate. I plan to graduate in the next one year. My other short term goal is to enroll in a master’s program within a year of graduating. Enrolling in a master’s program will require me to work as I study since I will ...

[Economics]

However, if you take a look at the history of the development of banking, the first evidence of some kind of bank prototype was seen in XII century in Genoa. In Italy at that time there were lots of bankers – money-changers who put their coins on the table. Originally, bankers in the XIII century, mostly known as Lombards, gradually outweighed the Jews who were proficient in money-landing. The Italians brought in business skills, enhanced by their invention of double-entry book-keeping. Such cities, like Milan, Genoa, Siena and Lucca earned much earnings from this new trade. However, Florence took ...

Introduction

In the year 2014, the citizens of California voted for the passage of Proposition 47 (Couzens & Bigelow, 2016). The intention of Proposition 47 was to ensure that the amount of money spent on prisons and jails of California was reduced. An alternative was to be undertaken on the nonviolent and non-serious offences. The money saved due to Proposition 47 was to be used for other important programs and activities in the state. Some of those programs include support of high-level education and treatment of those people with mental problems. After the adoption of the Proposition 47, criticism emerged as ...

General Context

The outbreak of the civil war in Syria in March 2011 resulted in the migration of an estimated 9 million Syrians who fled from their homes and sought refuge within their country and in neighboring countries. The United Nations High Commission for Refugees (UNHCR) reported that more than 3 million Syrians have fled to the immediate neighbors including Iraq, Jordan, Lebanon and Turkey. This means that about one-quarter of the population has been displaced from the country. An additional 6.5 million are internally displaced within the country. Over the last two years, the migration of these refugees has worsened ...

Introduction

Money plays a vital role in the determination of income and employment . interest rate are a significant determinant of aggregate spending ad the Federal Reserve which controls the money growth and the interest rates is the first institution to be blamed when the economy of in trouble. Now the question arises what is money.

Money Definition

Money is a medium of exchange. Money is divided into commodity money and token money. To some economist there is difference between commodity money and token money. A commodity money is a medium of exchange which has a commodity value as distinct from a value ...

Gupta and Goldfajin defined a tight monetary as “a case in which real interest rates in the aftermath of the crises are higher than the average real interest rate during the 24 months preceding the crises”(Goldfajn and Gupta, 1999, p.4). The primary objective of ensuring that the monetary policy is tightened is to make sure that the supply of money in the economy is reduced and also to ensure a conducive environment for businesses. For a commercial bank to lend money, there are a lot of factors that it considers. Some of the factors include the volume of ...

Recession refers to short period associated with decline in economic activities such as decrease in stock market business, high unemployment rates, poor housing facilities, high cost of due to low purchasing power of the country’s currency and general failure in the financial institutions. Recession may vary in terms of magnitude and in terms of how long it may persist (Gaston, 1994). Most economists’ belief on this subject is that recession differs from depression only by the degree of their severity. The implication is that depression is more severe form of recession-though with similar consequences. Usually, recession happens after ...

(Author, Department, University,

Corresponding Address and email)

Introduction United States is spending a huge amount of money on health care. In the year 2010, health care spending, in the U.S., accounted for about 17.9% of the country’s GDP, i.e. approximately $2.6 trillion. Still the country is facing increased health care costs, and several drivers are thought to have a role in increasing the cost of health care. Among the important contributors of increasing health care costs are easy availability of the latest technology that is costly in many cases, chronic disease conditions, administrative expenses of hospitals and health care institutions, mandated insurance ...

The money supply of a certain nation is determined by the monetary policy of its central bank. The Federal Reserve is the central bank of the U.S. A. Moreover; monetary policy refers to the methods central banks use to increase or decrease the amount of money held by banks. The central bank can increase the money supply by changing discount rates, reducing bank reserves or buying government securities. Selling government securities or increasing the banks’ deposit reserves will contract or limit money supply. The Federal Reserve utilizes monetary tools to control the amount of money and credit available in ...

As the adage goes, the accomplishment of goals in life is success. To achieve a goal is to attain self-actualization, therefore, it can be argued that what people consider to be a success lies in the perspective of realization and following one’ s calling. When it comes to ascertaining reasons for success, many argue that a successful person either gets lucky or makes it through many hours of persistent and hard work. In order to understand reasons for success one has to first evaluate the definition of it: what constitutes success or what qualities does a person obtain when ...

Introduction

Beginning the early 1990s, the number of multinational corporations has risen steadily as a result of globalization. This reason has caused organizations to realize the need for international human resource management as a determinant of success. International training and development is a tool that multinational enterprises (MNEs) are using to improve the quality of services that their employees provide. The main aim of training is to improve work skills and behaviors that an organization employee has in the current circumstances. On the other hand development is aimed at increasing working abilities with respect to a future task or job, ...

Introduction

Multinational companies refer to those that conduct their operations and have subsidiaries in at least one country other than their country of origin. The first MNC came into existence in the 17th Century; the East India Company was the first one. Since then, MNCs have grown to over sixty thousand today being fueled by growth in world economy, better business infrastructure, and globalization amongst other factors. The first generation of MNCs had multi-domestic, international and global MNCs. The distinguishing characteristic of multi-domestic MNC is their interest in entry in new markets while the international ones were based on technological ...

General Purpose: To argue

Specific purpose: To argue that the government should stop direct help to the poor Thesis Statement: The government should stop giving direct help to the poor because (1) As opposed to giving help to the poor, the government is supposed to solve problems perceived as general in nature and not those that are at individual level, (2) poverty is a social construct which is relative and not an objective status, (3) helping the poor is likely to discourage hard work as the poor will always be looking up to the government for help, (4) such programs are unlikely to ...

Background information

The advancement of information and technology has led to a significant revolution in the banking industry through the development of automated teller machines (ATM). These machines allows customers to carry out functions such as deposit of cash, withdrawal of money and securing statement of accounts. To access an ATM service, customers must have ATM cards. The respective financial institutions issue these payment cards to their customers to increase service efficiency and effectiveness (Narteh, 2013). Conventionally, customers could make long queues as they carry financial transactions from tellers. In today’s business world, ATM cards have made it possible to ...

Information System Workshop Analysis

Question 1 For this workshop, the following IT roles can be identified: System analyst intern; this is the opportunity to be filled, report to the IT director. IT director; this person is in charge of the overall system operations and the organization's functionality. Mike McGee is the one in charge here. System analyst; reports to the IT development manager, this role has two individuals involved. They include Lauren and Cathy.

IT development manager; in charge of management of the IT development sector, Felesia is the one in charge here.

IT operations manager; in charge of operational management reports, this sector is headed by Joe Tuner. Database Administrator; in charge of database administration and report development, Dawn Rauntee is ...

This presentation deals with what motivates people and it turns out that it is much more than a stick and a carrot because people are not easy to decipher. Their psyche is complicated and their behavior cannot always be predicted. People are not so easy to be manipulated which is why this presentation is challenging the usual beliefs. The story is about being rewarded and being punished which foster particular behavior while discouraging the other. There was a study at MIT which involved eminent economists who discovered that students perform well when they can do menial jobs, but it ...

Motivations of people are complex and interesting because the science behind this process is surprising. People are not so predictable and manipulable and the most important issues are the reward that fosters desirable behavior and the punishment which discourages a certain behavior. There were studies done at MIT and where the researchers gave certain challenges to students and these included memorizing numbers, word and spatial puzzles as well as physical tasks. “To incentivize their performance they gave them three levels of rewards” (Pink). There was a small, medium and a large cash reward and this works in most organizations ...

Introduction

Monetary policy is the endeavor by the federal or state government to control the amount of money circulating within an economy. These control measures are undertaken to cub the instances of inflations or to control the interest rates to sustainable levels. Monetary policies can either be expansionary or contractionary. Expansionary monetary policies are meant to expand the supply of money to the economy thereby boosting the economic activities (Afonso, 2012). Expansionary monetary policies also lead to a reduction in average interest rates. Contractionary monetary policies, on the other hand, are macro-economic tools used by the federal or the state ...

Introduction

National saving is the total amount of saving done by households, individuals, businesses and even the government agencies. National saving is important to a country in that it lays the strong pillars of the national economy as well as the financial security of the people. This is because national saving guarantees the ability of the nation and the households to invest in more economic improving activities. This is an important step in cushioning the individuals and even the nation from the prevalence of inflation or future drops in economic prowess. It is also considered as the part of a ...

Economics:

Economics is the study of how the little available resources can be used to satisfy wants that are many, since wants are many on the other hand resources available to satisfy them are limited in supply, there is need for one to choose among the wants and make a decision of what the few resources to satisfy first leaving the rest. In economics, factor like inflation and deflation, marker prices, interest rates, exchange rates in the market are studied. Economics has been divided into two major subdivision; microeconomics and macroeconomics. The word microeconomics is a combination of two words; micro ...

Information technology has a very big impact on the development and location of industries all over the world. The new innovations in the Information field like the advent of internet have taken the whole process of industrialisation to a new level. It was thought that with the introduction of internet, geographical location of industries was going to be affected. (Brickley, 2004) This has had a small effect but not so great as it was initially thought since there are so many factors that are considered when selecting the location of a particular kind of business. The factors which affect the geographical location of ...

Macroeconomics is a branch of economics that deals with the structure, behavior, and the performance of the economy in its entirety. The major goal of macroeconomics is to achieve price stability, economic growth, full employment and external balance. The United States economy has not been doing well in the recent past. Statistics from the Federal Reserve indicate that the economy grew by a mere 1.7% in the year 2009 and although everyone attributed the dismal growth to the infamous economic recession, things are not looking any better this year. Unemployment rates stand at a high of 9.6% and the consumer price index ...