Essays on Money

The most important economic policy today is one that will spur economic growth. The economy has to emerge from the serious problems it is currently engulfed in which include: high unemployment, reduced consumer demand, a shrinking middle class, a large national deficit and the mishaps of the housing estate. Unemployment is a major issue of concern to date. It is critical that a policy that will spur economic growth be implemented because the other variables are largely dependent on the level of economic growth (Von Mises, 2006). A fiscal policy that will increase incomes of household will raise aggregate ...

The name of the company is Jackwa Business Consultants. The business provides consultation services to clients in the business world, majorly in the area of Accounting and Finance. We also offer investment advice to our clients. This includes those who want to invest in virtually all areas including in securities, real estate, communication and other industries. In addition to that, we also provide book keeping services to our clients as well as advice on taxation matters.

Jackwa business consultants are professionally managed, with well trained and experienced managers heading the various departments. There are several departments in the company, ...

Many of the financial professions bring ethical dilemmas; it is this reason why M.B.A. graduates must sign an oath on business ethics (Steinborn 2012). The accounting profession involves several ethical dilemmas, not the least of which is deciding when to report errors on a tax return. If one is filling out one’s own tax return and makes a mistake, there is no legal requirement for the taxpayer to submit an amended return and send in the additional payment. While the relevant regulation says that the taxpayer “should” make the correction (Treas. Reg. §§ 1.451-1(a) and 1.461-1(a)(3)), ...

In order to do a trip to New York, I and a group of my friends had to plan it in advance and calculate time and costs of stay there. First of all, in order to see four performances on Broadway, it would take us a week of time to stay in New York. The roundtrip flight tickets would be around $270 per person. Potential accommodation would have to be quite far from the city centre and Manhattan in order to save some money. One of the potential options might be Sun Bright Hotel in Chinatown, which would cost $ ...

Marketing is an effective tool and strategy for increasing the sales of products and services. It is all about understanding the customers and finding the best way of providing products or services that customers demand. It involves communicating the value of the products or services to the customers to influence the customer purchasing decision making. Various marketing models, especially the traditional ones, generally concentrate on single individuals without taking into account the social interactions between the individuals. People are generally influenced by others (their peers, family members, and friends) and this influence affects their purchasing decision. This influence is ...

Summary

This poem has to do with the ways that anger and resentment can end up harming us not just as individuals but as a society. Six people sit around a fire, each with a piece of wood that could keep the fire burning. However, they look across the fire at one another, and several different areas of difference bubble up between them, and so they sit and wait. The first person is a woman who looks across and sees a black man sitting across from her. The prejudice she feels keeps her from putting her wood into the fire. ...

Finance

Based on the financial obligations of the first year, it would be more expensive to buy the condominium than to rent the house. The first year rent amounts to 9600 dollars. In the context of financial outlay, mortgages are relatively cheaper over a long period than rent. This value is a result of the fact that the mortgage payments do not continue to perpetuity. The present value of the ...

Question 1

Management planning is a process of identifying, classifying and analyzing, implementing and reviewing the set objectives and goals of the organization in a given period of time. Planning is a continuous process with its achievements obtained after a specified period of time has elapsed. Management planning is concerned with the future causes of actions by examining causes as well as effects of current decisions made to the future plans. Managers plan in order to take advantage of opportunities and strengths available in achieving their management goals as their organizational function. Management planning is a systematic process that involves predetermined ...

The interconnectivity between the world’s largest stock markets is based on the world’s interdependent global economy. No longer does one country exist without interaction with other countries. No longer are countries isolated from each other. Instead, countries rely on each other for everything from raw materials to the production of goods and services. This interdependence is reflected in the stock market and other facets of counties economic systems.

I believe that Japan has the most influence on the United States’ stock market. The correlation between Japan and the United States’ high market movements is high at most ...

Managerial Accounting

A cash budget records the cash inflows and outflows expected to occur in the respective functional year. It suffices for the purposes of estimating, planning and laying control for the use of the cash flows of the company for the functional year. The cash budget preparation and development employs the technique that approaches budgeting through the functional units. The budgeting process, as such, involves the estimation of the expected cash inflows and cash outflows for the respective functions in the company. The budgeting process integrates the concepts of accruals and ...

The Productivity Paradox

We live today in an age of paradoxes. It is the presence of paradoxes that tell us all is going, as they should be. No paradoxes will signify a world either where everything in the past, present or future is known or where people have become fed up of asking questions. As Charles Handy says, “Paradoxes, I now see to be endemic, inevitable and perpetual. The more turbulent the times, the more complex the world, the more paradoxes there are” (1994)

The term “productivity paradox’ was first used by Eric  Brynjolfsson who ...

Question 1

Maintaining a fixed exchange rate is critical in stabilizing the value of a currency against an anchor currency as it makes trade and investment easier and more predictable. Nonetheless, central banks face a number of problems in their attempts to maintain fixed exchange rate, two of which include balance of payment problems when attempting to maintain a weak currency and reduced risk perception while borrowing in foreign currency when attempting to maintain a strong currency. When maintaining a strong currency, a false perception arises that the foreign exchange rate may not change thereby leading to reduced risks perceptions when ...

Critical path method is used in planning the implementation of projects. It ensures that activities are finished on time. In this regard, the method helps identify the activities that are critical to the project such that if the activity on the critical path is delayed, the completion of the whole project is also delayed. A critical activity is found out by determining the earliest start time, latest start time, earliest finish time and the latest finish time. In this case, an activity is critical if its earliest start time equals latest start time and earliest finish time equals latest ...

Public budgeting provides reflections on government usage of money – the primary source of which are taxpayers. Government expenditures clearly define the purpose of public budgets, as deliberated through various decision-making processes influenced by a great variety of actors. In The Politics of Public Budgets, Irene Rubin provided notable features of public budgeting. She said that public budgeting is characterized through the (1) diversity of the actors involved, (2) open nature of the budget, (3) usage of mechanisms ensuring accountability to the public, (4) constraints provided by law, public opinion, and the like, and (5) the difference between taxpayers and those who make decisions on allocating public money (Rubin, 1999). The complexity of public budgeting lies in the aforementioned characteristics, anchoring on the tenets of public accountability and public acceptability.

Rubin heavily emphasizes on the essence of public accountability and public acceptability to matters related to public budgeting (1999). It is because public money comes from the taxpayers, hence giving them the inherent right to inspect on the government’s usage of their tax payments. The government has to be accountable to the taxpayers in allocating public money for programs. In return, the taxpayers are bound to give opinions reflecting their acceptance on how the government has set and utilized public budgets, which will ultimately affect the government’s reputation (Rubin, 1999).

It is always important to focus on public accountability and public acceptability in assessing public budgets. The government ensures public accountability through the presentation of budget documents, described as an “important means of public accountability” (Rubin, 1999). The public nature of public budget documents renders it accessible to taxpayers and open to their scrutiny. That empowers taxpayers to check if “what officials promised them was actually delivered” (Rubin, 1999). However, it is noteworthy to point out that government administrators may tend to be selective in revealing details in public budget documents. They have wider freedom to select which details to include in the public budget document the more complex the nature of the public budget is. Tension between public accountability and public acceptability helps reduce government secrecy in public budgets. Despite of that, the government still practices selective inclusion of budget details in public budget documents remain to reduce disagreements that can hinder government programs to push through (Rubin, 1999).

The ill-fated Future Imagery Architecture (FIA) satellite project of the United States government highly reflects the accountability-acceptability tension highlighted by Rubin. As The New York Times reported in its article Death of a spy satellite program, both the government and its contractor Boeing contributed to the failure of the whole satellite project (2007). Introduction of the satellite project came in at a time when turbulent changes were happening within the government. The government downsizing efforts led by then-President Bill Clinton effected the transfer of large-scale military projects to private contractors. Congress also cut down on the amount allocated for the budget of the satellite project. In observance of that trend, a bidding process subjected the workings of the satellite project, the selection process having thinned down to two companies – Lockheed, which specializes in satellite construction and Boeing, an aerospace company and the eventual winner of the bidding process desperate to expand to another market at the height of its competition with Airbus.

The government was initially in favor of Boeing’s potential to finish the project, given its promising pool of engineers led by engineer and former Central Intelligence Agency (CIA) official Ed Nowinski and the company’s acceptance of the rigid $5 billion budget per 5 years for the project (The New York Times, 2007). Rubin’s tension is highly apparent on the project’s concealed nature. Those who have worked on the satellite project have revealed its highly classified nature, while further testaments have revealed successive mishaps leading to the project’s demise – the nature of such attributing to Boeing’s effort to constrain itself on the limited budget which resulted to the failure of the whole undertaking. It is as if the aggregate $18 billion spent on the whole satellite project has vaporized – there was no substantial achievement reached in accordance to the project goals. Aggravating the whole matter was Boeing’s desperation to expand its market, which eventually transformed to incompetence. In the words of the New York Times article, the aerospace company was describe as “a contractor all too willing to make promises it ultimately could not keep” (2007).

At the same time, various circumstances flourishing at the time of the introduction of the satellite market affected the budget planning process for the satellite project. Government downsizing efforts compromised proper budget planning for a project that inevitably possessed astronomical dimensions in terms of costs. In the name of public acceptability, The New York Times pressed out the aforementioned facts through its article. As shown, whereas the government has exercised public accountability on the satellite project through the revelation of budget figures and several circumstances that led to its dim outcome, the tension was nevertheless apparent due to the classified nature of the subject matter, hence attracting various questions (The New York Times, 2007).

On a personal scale, I have no prior experience on the application of Rubin’s assertion on the tension between public accountability and public acceptability. The closest practical illustration that I can relate to Rubin’s assertion that closely relates to my environment right now would be in the form of a class project that requires funds. In that case, it is inevitable that the class must give equal monetary contributions to build up the funds for the project (unless if some students volunteer to contribute larger amounts) and elect a set of officers who will administer those funds. With the objective of meeting a target grade or incentive for the project, the class is entitled to information on how the class project funds are spent. Students can choose to refer to the main objectives of the class project, which they can correlate to the usage of class project funds. If some students think that there is mishandling of funds involved, then they can lodge any form of dissent demanding proper usage of the funds, alongside other forms of remedies discretionary to the nature of the case. It is in that aspect of that case in which I believe Rubin’s assertion of public accountability-public acceptability will apply.

The students in the class, being microcosmic representations of citizens within any form of government jurisdiction, have one common goal concerning the usage of class project funds (which is the aggregation of their contributions) – to accomplish a class project and to achieve the highest possible grade standard for it. Yet, as Rubin asserts, the students have no direct power to manipulate those people tasked to administer the funds. The whole scenario I have provided above can be reminiscent of a representative form of government, in which citizens elect a congressional representative – one who appropriates budgets for programs within its jurisdiction. The citizenry can choose to vote out or refuse to reelect the representative if there is a strong belief that the representative has mismanaged public funds (Rubin, 1999).

As applied to my case, should there be another class project, the people can choose not to elect the same set of people administering funds for the current class project if they believe that the funds are mismanaged and the project ultimately failed. In the same light, selectivity can also ensue in the case I provided which, as Rubin pointed out, may ease out tensions on public accountability and acceptability. Depending on the complexity of the budget for the class project, funds administrators may choose to remove details that will make the budget document look dubious and instead focus on exposing the highly salient and satisfactory details, which will highlight public accountability on their part. The real danger in that aspect will arise if the whole project ends in failure. Such will inevitably raise questions anew on budget expenditures, as in the case of the FIA – described as highly classified in nature (The New York Times, 2007). There will be a renewal of tension between public accountability and public acceptability once the end to which the public budget serves as means fail to materialize.

References

Death of a spy satellite program. (2007, November 11). The New York Times. Retrieved from http://www.nytimes.com/.
Rubin, I. (1999). The politics of public budgeting: Getting and spending, borrowing and balancing. Washington, DC: CQ Press.

Credit rating of a country is mainly the ability of a country to repay the loans that it borrows both domestically and from other countries. It is mainly determined by the economic conditions that are prevailing in the country at a certain time. There are other factors that affect the credit rating of a country. This research paper will evaluate the credit rating of South Africa. The research will evaluate the cause of the current credit rating of South Africa and its effects to the country in various sectors of the economy (KRUGMAN, 2009).
South Africa is a country ...

The cost a company must pay to raise funds depends on wise financing decisions with lowest feasible cost of capital. Most companies may opt for debt or equity financing depending on the budget estimates, type of funding desired, funding source and specific funding timing. Debt financing means any money borrowed from lenders repayable with interest over a specified time but equity financing means any funding e.g. money lent in an exchange of ownership and control of the company.

Most notable advantage of debt financing is that money comes as loan from investors who don’t claim ownership and control ...

Chapter 8 of Karl Marx volume one considers at a great depth what as the title suggests is a concept of capital. This capital is revealed in two ways, which are a changeable capital and an invariable one. In this chapter, factors relating to labor processes and the roles that they play are considered. As it is seen in page 139, the laborer is seen to add value in regard to the subject of his labor through expenditure in the available labor. Karl Marx has outlined how difficult it is for a laborer to perform two processes at once ...

1. Austerity is the reduction in the deficit financing through reducing the public services that are provide to the citizens. The reduced government spending through provision of less public goods help to avoid deficit financing (Joshua, 2). On the other hand, economic growth is the increase in the total output in the economy. It is argued that austerity policies hinder economic growth since reduced deficit financing lead to less employment hence output in the economy reduces. Another policy that Obama administration has put in place to facilitate austerity is to reduce government spending in some sectors of the economy ...

Introduction

James River Heating and Air conditioning Company is a leading home and commercial solutions provider in the state of Virginia. James River Air and Conditioning Company has been providing excellent services to businesses and home repair and maintenance in the line of heating and air conditioning since 1967. In addition to providing heating and air condition services, the company also installs and repair systems. At this time, the company is struggling financially. There is need for the company to streamline its financial position for profit maximization (James River Air, 2012).

In order to improve its financial objectives, James River ...

In breach of a real estate contract, the law provides several ways through which the aggrieved party can seek retribution. These avenues include money damages, specific performance, and recession. It is also essential to note that the aggrieved party can also use the liquidated damages. However, in all the scenarios mentioned above, it is the duty of the aggrieved party to prove that the defendant breached the contract by failing to perform their obligations as indicated in the contract.

Money Damages

Scholars state that this remedy is based on the assumption that, in regard to money, the plaintiff has to be ...

A contract is a legal agreement entered by two or more parties all having legal responsibility to undertake. Once two or more agree to perform an agenda, they either put themselves into an oral or written obligation. Failure to meet the agreement known as a breach has a penalty that the breaching party incurs. Oral contracts are used for social agreements such as preposition bets where the obligation is not serious. Written contracts on the other hand serve as a crucial document when it comes to businesses, governments and unions in which have significance impact on the parties involved. ...

Question 1

The Ford Motor Company, a global American multinational automotive and an automaker leader based in Dearborn, Michigan produce and distribute automobiles across six continents. The company’s establishment dates back to the year 1903 by Henry Ford. It is the fifth largest motor company in the world. The company has about 163,000 employees and approximately 70 plants globally. The main automotive brands for the company include Ford and Lincoln. In addition, the company provides financial services via Ford Motor Credit Company (Ford Motor Company, 2012).

The company is fascinating to study as it has expanded becoming one of ...

In Virginia Woolf's literary essay "A Room of One's Own," the author explores themes of feminism through the viewpoints of a narrator who has a unique and principled view of how women are represented in the world. Throughout the text itself, Woolf denotes many things that have held women back from holding positions of power and wealth, as well as granting them agency in society. This then extends to the limited and restricted body of work that women are allowed to have, seemingly due to the inequalities presented by a patriarchal society. This text sheds some light on feminist ...

What makes every nation distinctive from each other is that they posses their own principles to be adhered to in every feature. International business practices are entirely not an exception to that particularly; many corporations are target to enter the global market to discover additional paths for profit.

Therefore it is understandable for my client, MNC to do the same. In order to sufficiently advise the client, it is apparent that we first analyze the situation in Latin America and weigh options. Latin America is universally professed as an unstable business setting. It is hopeless to try to dispute ...

Waheed is a 47-year-old male from Pakistan. Trained as a structural engineer, Waheed has worked hard for the past fifteen years to build a future for his wife and two sons, aged 8 and 5, whom he says he loves very much. Waheed is actively involved in parenting his sons, taking them to swimming classes on Saturday mornings and attending school functions wherever possible. Exercise is something the family has enjoyed together, with long bike rides on weekends.

Prior to the Global Financial Crisis, Waheed had obtained approval from his bank to construct a large home in a town ...

Studio Stessia is a form of partnership that is owned by Paul and Nicole. This partnership operates various businesses under one roof. Some of the business activities that take place in the partnership include sale of women’s clothes and salon. This partnership is located in the outskirts of Quebec City. This business is a family business since it was inherited from the grandmother of one of the partners. The two partners are people with other responsibilities in the society and therefore have little time to manage the business. As a result, the partners have employees who manage the ...

Introduction.

E-tailing or E-retailing has now grown to extraordinary dimensions and highly-profitable juncture since its humble beginnings. In comparison to other online activities like search engine use and social media, e-tailing needs more than a digital interface in order to succeed. A dependable delivery system, a POS (point-of-sale) system that can handle any number or orders, availability, variegated inventory, re-routing supply chains, these are all some of the elements of e-tailing that took much time to evolve and still have a long while to go. Even customer behaviour is slowly changing from rigidly purpose-oriented to impulse-buying, experimentation and recommendations.

...

Question 1:

Michigan’s State budget (Snyder & Nixon, 2012) falls under the incremental budgeting classification that is also known as traditional budgeting (Jacobs, Hélis & Bouley, 2009). In the budget, it is clear from an excerpt from The Detroit News editorial of January 17, 2011 that there was a call for Michigan’s leaders to change the usual adoption of previous years’ income/ expenditure and making fine adjustments to an overhaul of the whole budget, leaving nothing untouchable (Snyder & Nixon, 2012, p. A-8).
The State of Texas’ budget (Dewhurst & Straus, 2011) also falls under this category of traditional budgeting classification (Jacobs, ...

Abstract

In this paper, I will analyze how money-making motivations are connected to subjective well-being. Money-making motivations are frequently distributed into realistic and unrealistic motivations, and that depends on the possibility of attaining them through making money. However, the distribution of motivations into realistic and unrealistic does not have to represent the absolute truth in every scientific research and real life scenario. Scientific research shows various conflicting findings on money-making motivations and their relationship with well-being. I will analyze the importance of cultural influences, value conflict, and associations with money in defining subjective well-being. Money-making motivations are an essential factor ...

In the early days, a person is required to go to the bank personally and withdraw his money manually from his account. He would have to wait for countless hours in turn before he could have his money. He has to fall in line, fill-up forms and wait for the teller to count the money. However, this method of getting money from the bank can become a hindrance especially in certain instances such as in emergencies, trips or even in purchasing items. Today, ATM cards are issued to allow clients to access their bank accounts wherever they are and ...

Colorado peace ride is the fundraising activity to support non-profit organizations in their local or global level peace endeavors. The case study refers to first year of Colorado peace ride and the prime objective of marketing manager is to spread about this peace ride among cyclists and sponsors. The purpose of this research report is to gather data on the cyclists’ preferences and motivation factors and analyze it to inferential information for manager at Colorado peace ride. The motivational factors for the bikers are an essential element to create successful peace ride leading to loyal cyclists and sponsors for ...

The overall goal of a democratic government is to ensure that the greatest number of people within said democracy are represented - that their desires and needs are met to their satisfaction. As such, the idea of a 'majority rule' is thought to be the defining component of the concept of a democracy1. According to Follesdal, "The contractualist case for majoritarian mechanisms in general is that such mechanisms secure the relevant interests of affected parties from standard harms to an acceptable extent"2. However, does the concept of 'majority rule' really function to serve the best interests in a ...

Given the fact that college admission essays are perceived to be the most comprehensive and accurate systems of student admission to colleges, I beg to take exception to this notion and think otherwise. This, to most people, is the brilliant idea of selection of student to a learning institution. However, it is also imperative for both scholars and education professionals worldwide to look back and rethink the whole thing. To my view, admission essays are not what they are thought to be. The reason why I think it is crucial not to use only the admission essay writing system ...

Introduction

Anton Chekhov and Leo Tolstoy were from extreme opposites of the economic spectrum in Russia during the dying days of the nineteenth century. Chekhov was a grandson of a serf, while Tolstoy was an aristocrat. In spite of this, however, both writers saw and deeply felt the ironies of life as reflected in their own lives. This is especially brought out in the way that their short stories, Chekhov’s “The Bet” and Tolstoy’s “How Much Land Does a Man Need?”, employ character, irony and plot to explore the same theme; that is, the corruption involved in the ...

GDP is one of the major concepts in the economic world. It can be defined from three different approaches, but the result is the same in all cases. The first of them, product approach, sums outputs of every enterprise’s class to arrive at a total. Expenditure approach is based on the principle that all products must be purchased by someone, which is why the total product value is equal to people’s total expenditures for buying things. The last approach, income, is founded on a principle that incomes of productive factors are equal to the value of their ...

Introduction

Education is one of the most important key factors in life. Students have the right to a peaceful environment for education. Denying students the right to a peaceful education environment is just like denying them the right to a good life. Parents and teachers are therefore obliged to ensure that the learning environment for students is a peaceful one. Money issues have been known to be among the major barriers to education amongst students at the college level. According to Olivarria (2010), college students need a lot of guidance and counseling on issues related to money expenditure. Statistics conducted ...

Tom’s coat had swished out from behind him as he’d walked through the door of Chicago’s biggest bank; he’d removed his dark-rimmed glasses and walked up to the counter, placing them down on the surface. Sat behind her desk, Shannon, a beautiful blonde with the biggest blue eyes had looked up at him, surveying his appearance and taking in the bruise on his cheek, the fresh cut above his eye, and the dangerous glint in his eye. She’d silently made her assumptions as Tom reached into his pocket: her heart had leapt into her ...

Managers should base pricing decisions on both cost and market factors. In addition, they must also consider legal issues. Describe the influence that the law has on pricing decisions.
Highlighted hereunder are the reasons why pricing decisions should be based on both cost and market factors. Basically, it reviews the cost analysis and pricing decisions in one part and the influence that the law has on pricing decisions on the other part. Various important factors influence pricing. These factors encompass marketing, distribution, as well as advertisement. It is computed with respect to the contribution of customer concerning the firm’ ...

Morality is one of the most contested, criticized and discussed issues all across the world, and this is especially based on the fact that it is one of the aspects in life that dates from as back as man became a civilized being. However, over centuries, there has been a lot of changes in the way morality is viewed, and through changes and evolutions such as the definition and drawing of moral lines between what is good and bad in the society, a lot has changed morality especially with the development of values, loosing of traditions and globalization. For ...

Special education refers to an education system crafted for students with special needs in a way that addresses their needs. A special education program should be made in such a way it addresses every student’s unique need. In America the system is well developed and the education Policy considers all disabled students regardless of the nature or degree of disability. The disabled students are legally entitled to a free and appropriate public education. In 2001 and 2004 the No Child Left behind Act (NCLB) ensured that schools were more accountable and increased the technological assistance and loan programs ...

Jedi monetary policy is an article that was written by Jonathan Wright in Washington. The article was written on 8th September 2011. The article is criticizes the actions that the Swiss national bank has taken to stimulate the economic growth of the country.

According to the article, the Swiss government aimed at stimulating the economic growth by the applicatication of macroeconomic policies. The Swiss government aimed at increasing the economic growth rate to at least 6 percent. The writer of the article points out several policies that the Swiss national bank could use to stimulate the economy. He shows that the interference that the national bank used was too much and instead, the bank should have allowed the market forces to solve the problem without much interference. One of the methods that the writer proposes for use to stimulate economic growth in Swiss is influence on the long run interest rates in the country. The writer also proposes the change in the exchange rates of the country in order to stimulate the desired economic growth. He however points out that the use of this policy would make other countries to retaliate by coming up with their own protectionism policies.

The article is related to the use of macroeconomic policies to influence the export of goods to other countries. The Swiss government aims at increasing the economic growth of the country by increasing the exports of the country. The Swiss national bank aimed at lowering the value of its currency in order to make its exports more attractive. The national bank did this by selling its currency in exchange for a dollar. The value of the currency decreased to a considerable level hence matching the objectives of the bank. However, the article is against these actions. The sale of the currency would mean that more money has to be printed in the country. As a result, this would lead to inflation in the country since the prices of goods and wages will rise. If inflation is not controlled, the nominal growth of the economy will be observed but the real growth in the economy will not be present.

The writer of the article proposes the lowering of the value of the Swiss currency as a means of stimulating exports and hence economic growth. However, the danger in this is that the other countries in the world will observe the actions of the Swiss national bank. As a result, these trading partners will come up with their own protectionism policies so as to protect their balance of payment in return. This means that this policy may not meet the objectives of the Swiss government.

The other policy that can be applied is the changing of the long term interest rates. The increase in the interest rates will facilitate capital inflow in the country due to increase in investments in the country. The increase in the interest rates will make the country attractive to invest in by the foreigners. The Swiss government could do this by buying the bonds in the domestic market. For the government to buy the bonds in the market, it has to offer a higher return. In addition, the purchase of the bonds increases the demand for bonds in the country hence increasing the interest rates in the country. This is the objective of the Swiss government as it will increase foreign investment thereby increasing output hence economic growth in the country.

The article is very informative as it has helped me to visualise the application of the various macroeconomic policies to solve economic problems. I would recommend altering of the interest rates as a means of stimulating economic growth. This policy has less negative impacts on the economy. In addition, this policy is likely to lead to creation of employment in the country. This means that the policy will solve more economic problems.

The Horizontal Analysis

In the horizontal analysis of the company, one considers the various line items in the income statements and the balance sheet with similar items in the previous years. Looking at the year 2008, the company did not perform well. In terms of sales, there was a decrease in the sales compared to the year 2007. There was a decrease of $ 897,000 which is 15% of the sales revenue.
As a result of the low sales, the company suffered a loss in the gross profit. The profit reduced from $1.6M to $1.4M. When analysing the expenses, the website creation ...

For Guillermo Furniture Store, the analysis of the break-even point provides the amount at which the total fixed cost is the same as the total contribution margin. A difference occurs between revenue and variable cost. The Guillermo’s production units are 1,885 and 377 for mid-point and high-end respectively. Guillermo has to decide which of the three options that he has to provide a solution to the situation the company is facing at present. In making the decision, Mr. Guillermo has to put into consideration the extra costs and their benefits. The decision making process involves opportunity cost, ...

How is the Texas Constitution Changed?

What Proposed Amendments did Texas legislators agree to place before voters this year? The 10 amendments the legislators agreed to put before voters this year most often have to do with raising money by using bonds to take care of problems ranging from water management to student loans. The general reason is to update the Constitution by adding the amendments (Brown, 2011).

Below are listed the ten joint resolutions approved in the 2011 Regular session which propose the 10 amendments be added to the Constitution by the 82nd Texas Legislature. The voters now have a chance to support or ...

1. In order to decide whether to engage into trade with a foreign country, business usually assesses market for their products, access to resources needed, the opportunities for making distribution systems and production more efficient and the ways to reduce the dependence on one economy, thus spreading business risks.
Participating in the information economy on a global scale requires the consideration of the large number of people, who are currently employed in the local industries. It is necessary to understand the internationalisation of the information economy and to the increase of the labour force in the foreign countries with ...

According to the Keynesian theory of recession, economic depression occurs as a result of hoarding of money by key players, like entrepreneurs and consumers in the economy as a result of fear of projected economic hardships. Keynesian emphasized that, there can be no depression as long as there is constant spending even if it a period of depression. Constant spending ensures a constant flow of income which encourages people to spend. Keynesian encouraged the United States government that whenever people tended to hoard money, it was a principle role of the government to initiate spending especially by imposing heavy ...

Is being educated in all subjects necessary in every profession?

"You have to learn, young man. Philosophy. Theology. Literature. Poetry. Drama. History. Archeology. Anthropology. Mythology. Music. These are your tools as much as brush and pigment. You cannot be an artist until you are civilized. You cannot be civilized until you learn. To be civilized is to know where you belong in the continuum of your art and your world. To surmount the past, you must know the past." This particular statement by Mark Rothko to a budding artist from the play “Red” by John Logan notes that to be civilized, one must understand a variety of disciplines before ...

Annuities and perpetuities are types of financial instrument, which make payments at regular intervals (parrino & kidwell, 2009). Although both perpetuities and annuities make regular payments, there is a difference in the life span of the financial instruments. Annuities have a finite lifespan while perpetuities have an infinite life span (Grinblatt & Titman, 2002). Examples of annuities are; loan repayment and lottery winning. For loan repayment, the principal and interest are repaid in regular intervals while in lottery winning the winner receives a fixed amount of the winning for fixed period. Example of ...

After reading sections of the books by Professor Warren, it is evident that people have not changed the manner in which they manage their personal or family finances. There is no significant change in their spending patterns; in general, people still spend money on the same goods and services and save money for the same reasons. The common basic goods that people allocate their money to include food, shelter, clothing and motor vehicles (Warren, 70). Financial security and investment ventures are still the main motivations for saving. Consequently, the government did not have to initiate major alterations in its ...

Financial planning is the process and various steps that lead to the proper management of available income and better management of expenditure. Managing personal and family finances demands thorough estimation of the incoming revenue and outgoing expenses on a daily basis. Efficient management of family or personal finances demands budgeting of total monthly expenditure and income. This enables one to determine his/ her spending and saving. Many couples live long without taking a view of their finances. This is the beginning of future money problems that strain the marriage and possibly turn catastrophic if one spouse dies or is ...

The modern methods of doing business and business related activities require that one possess the required qualities, not only the business knowledge, but also the frequency of searching for information. With the current trend where business organizations are increasingly becoming global and multicultural, a businessperson is required to posses the necessary entrepreneurial information in order to fit in the dynamic world of doing business. Profitability is the key issue in this, and each business organization is striving not only to gain basic profits, but also to increase profitability margins. Business knowledge requires both education and experience, ...

Students who play for colleges are supposed to provide the best at the level they play, but the questions that begs answers is why despite providing the best, they are not paid for it. According to the National Collegiate Athletic Association, NCAA, the reason why these students do not receive payment is to ensure that they are protected from being exploited by ...

Introduction: When people from any country start leaving their own place with intention to get shelter in any other country permanently, this course of action is known as Immigration. Normally people leave their own motherland in severe compulsions but there are a few who do it by choice also. There are several reasons behind immigration, it may be political, poverty, due to war or warlike conditions and in some cases people migrate willingly to rich countries. Prosperous countries are facing this situation these days and the issue is matter of concern within these countries. There are a number of ...

Introduction

The webs site selected for the capstone discussion question is a Japanese vehicle sale online company. The web site is referred to as TradeCarView reached by address (http://www.tradecarview.com). The activity carried out by this e-business site involves the sale of used as well as brand new cars to different kinds of people in the world .

Website evaluation

Links used in the website to link other pages is that of hierarchical model. The home page contains links that are clearly visible allowing users to easily navigate to the desired page with ease. Users can also be directed to the homepage from any ...

December 12, 2010

Inflation in Macroeconomics

The most effective indicator of country’s economic health is its financial state. Financial system not only provides interconnections in economics, but also conducts macroeconomic regulation, and serves as a tool for governments to regulate economic development. For this reason, the activity of executive power in every country is directed towards stability of financial and credit system and overall financial state. In order to ensure the stability, inflation processes must be controlled. It is necessary because inflation results in harmful socio-economic outcomes: inflation leads to deformation of macroeconomic regulation ...

School

Very often when people find themselves in a tight corner they think that somebody is punishing them for their faults, and that the ‘black bar’ in their life will never come to an end. Nonetheless, each and every one of us should recall a saying “Every cloud has a silver lining”, which proves that even the worst misfortune either makes us stronger or gives us an invaluable experience, which does not but gives us strength to move on.
At first glance the story I am about to tell seems to be a jape, as the whole ...

German authority and hesitations have since decided the determination of strategy choices in the EU. There is the inexorably intergovernmental modus methodology of the EU system. Foreign accomplices, for example, the U.S. progressively recognize Berlin as the strategic place in the Euro zone. Concerns about Germany's future remote and security role persevere. The change of political initiative in Berlin was caused by the September 2013. Federal decisions have expanded the interest for investigation of German European, external, and security strategies. Basing on the above notions, it is true that the making of Europe was Germany’s answer to its ...

- Activity diagram
- Sequence diagram

What are the different Vulnerable Points in an E-commerce Environment?

An e-commerce environment has many vulnerable points that attackers can get to the system. One of the points of attack is the channel of connection between the client and the ISP provider. The attacker can tap this point and make an attack on the connection. The attacker can intercept the communication between the user and the Internet Service Provider (ISP) and use security threats like spoofing to get data from the client. The client will lose money in the process. Another point of vulnerability is the ISP networks. There could be sniffer programs ...

1. The 80/20 rule applies to my product which is a car. This is because in the world, 80% of cars are owned by a 20% population. Although 80/20 rule applies in the case of a car, it does not apply in the case of a mobile phone. Ideally, the possession of a mobile phone is almost equal to the population in world.
2. List of phases of consumer decision process
- Problem recognition
The consumer grows a need of having a car following the changes in his or her income status and the need to be self-reliant and ...

One of the main reasons a doctor is often blamed for is medical malpractice. Medical malpractice can be defined as any act or omission on behalf of a physician while treating a patient that has led to the injury of the patient. Medical malpractice is usually deviant from the norms of practice that are widely accepted by the medical community. Once a patient can establish that medical negligence had led to injury, the court calculates the compensation that the doctor should pay, based on the economic and noneconomic losses of the patient. Economic losses include the income the patient ...