MacmidIK Essay Example | Topics and Well Written Essays - 1250 words

MacmidIK - Essay Example B – More will be demanded at lower prices 14. A – Income 15. B – A decrease in the price of a substitute product. 16. B – A technological change in the production of the good 17. C – An increase in the taxes paid by telephone companies 18. B – Inelastic 19. A – Generally results in substantial negative externalities 20. D – A surplus of 600 units 21. C – $20 And 600 units 22. D – using private bargaining when property rights 23. A – eliminate all pollution rights 24. B – changes only when there is change in out put 25. A – real GDP doubles 26. C – Nominal GDP and real GDP both decreases 27. A – Family will need to spend more in order to maintain its standard of living 28. C – Nominal GDP divided by real GDP 29. B – 110 30. C – Couples remodelling their own homes 31. A – 1 and 2 32. D – Stable political system 33. B – Movement from a point inside to a point outside the production possibility curve 34. B – 6 percent 35. B – Cyclical 36. C – Frictional 37. C – Is equal to the total frictional and structural employment 38. D – Actual GDP is greater than potential GDP 39. B – Actual GDP is less than potential GDP 40. A – Every 1 percent that the actual employment exceeds the natural employment rate, a 2 percent GDP gap is created 41. A – 4.0 Percent 42. C – Demand-pull inflation 43. C – Cost push inflation 44. A – Increases by 3% 45. ... B – Real GDP will increase 55. C – 280 billion 56. D – An increase in real interest rates. 57. A – Productivity 58. D – 4 59. C – 3 60. A – Supply increase Short Answers 1. a) Making necessary computation to complete the table below Year 1 Year2 Labour force 95,450 108,250 Employed 90,325 100,830 Unemployed 5,125 7,420 Unemployment rate (10%) 94% 94% Unemployed= Labour force-employed Year 1=95450-90325= 5,125 Persons Year 2= 108,250-100,830=7,420 persons Unemployment rate = number of employed people ? Labour force?100 Year 1 = 90,325?95,450?100 =94% Year 2 = 100,830 ? 108,250?100 =93% b) Possibility of increase in employment and unemployment between year 1 and 2 Based on the above computation, it can be scrutinized that there was an increase in number of employed and unemployed people between the two periods. This is because there is a possibility of having both favourable and unfavourable economic conditions leading to an increase in number of employed and unemployed people (Taylor, 2007). The above assertions may be substantiated by Keynesian theory of economics that holds that a trade off exists between unemployment and inflation, this trade off may be presented using Philips curve (Tucker, 2011), whereby, during favourable economic conditions, inflation decreases while employment increases (Tucker, 2011). On the contrary, during unfavourable economic conditions, inflation rates decrease while unemployment increases (Tucker, 2011).Therefore, based on the above discussion, it is possible to have both increase in employments and unemployment between the two periods. In above connection, an increase in unemployment may be attributed to technological advancement. This is so because most people get laid off as less human labour is needed (Layard,

The peacekeeping mission of the united nations in Democratic Republic Research Paper

The peacekeeping mission of the united nations in Democratic Republic of Congo and Rwanda - Research Paper Example Democratic Republic of Congo is a large country. It is also the home for the prestigious rain forest, rare species of the world and valuable minerals as well as natural resources. However, Congo is one of the poorest countries and most chaotic on the planet. The unrest in the country is estimated to have claimed lives of millions in the past decade (Mays 11). The country lacks necessities like electricity, medical facilities, law, and order in most of its parts. Mass rape and human brutality have been a common phenomenon in these parts of the country. In the first year after of independence of the Democratic Republic of Congo, Mobutu Sese Seko seized the country and declared himself as the president (Youtube). He ruled the country for five years. Several events occurred in the country that led to the deterioration of Mobutu’s government. First, the army of the country mutinied, the governor of Katanga attempted a coup, and the prime minister of the country died (Sitkwoski 87). All these events led to the United Nations peacekeeping mission respond to restore order in the country. When Kabila took over as the president, he tried reforms that saw a relative peace prevail in the country for about two years. Kabila was, however, weakened by domestic protests, international critics of his poor tyrannical governance and the poor economic drive of the country (Mays 12). The soldiers and the military defense of the country deployed and rioted to protest against the poor leadership of Kabila. Kabila, instead, enforced his rule in a dictatorial way, a process that led to a sharp schism of the country into three segments. One of his bodyguards allegedly assassinated him and the act led to the incision of the United Nations militia force into the country (Tull 18). Upon its establishment, the United Nations organization authorized deployment of military liaison from all other

Patch 1 Essay Example | Topics and Well Written Essays - 2000 words

Patch 1 - Essay Example In order to impart education effectively, teachers have to adopt appropriate and efficient resources according to nature of the lesson. One of these resources is Information Communication technology which has stemmed out of technology-enhanced learning. Technology-enhanced learning depicts usage of technology in overall learning process. It is often misunderstood as E-learning, however it refers to use of technology which facilitates interaction between the instructor and student. Usage of technology allows the students to perform critical analysis by immersing themselves in learning and deduce meaningful information out of the content that is being shown to them. This technique allows students to perform self-directed questioning that facilitates two-way learning between teacher and student. Web-based learning and study guides through selected CD-ROM based lessons can be effective resources for technology enhanced learning. The rationale behind this tool is based on Kolb’s ex periential learning theory (1971) and Schank’s learning by doing (2010). These theories illustrate that experiencing the learning process, breaking down information into manageable bits and processing them is further facilitated when a student is actively engaged in them. If a student is asked to visit several websites about museums and analyze their differences accordingly, they are actually undergoing a virtual tour which enhances their meta-cognitive and problem solving skills. Furthermore, engaging student in writing a report about this tour with the help of ICT tools such as Word processing tools would help them perform more analysis and share their inputs about what they have learned. Allowing students to view content available on Web makes them perform critical analysis, find out relevant information and deduce meaning out of it. Although it is a tedious process that requires teacher’s supervision but it is more efficient in engaging students instead of simple i nstruction based lectures. In order to enhance overall language development and learning in students, it is important that they are made to think and transform their thoughts in appropriate words. For this purpose, using interactive whiteboards and videos can be effective media. Using whiteboards, drawing diagrams and flowcharts helps students to think through teacher’s instructions and correspond to them accordingly. Therefore, information is being received, processed and illustrated in the form of questions and feedback by students. Furthermore, using videos and audios help students to use experiential learning strategies and perform mind mapping which not only gives meanings to words but also make them more memorable by attaching images to them. Learning appropriate dialect can be facilitated by allowing students to imitate teacher’s words and figure out meaning from them. Usually teachers in communication classes use audio aids which help students understand approp riateness of different communication styles and vocabulary usage. According to Genishi (1988), children learn better

Early years in the uk context Essay Example | Topics and Well Written Essays - 1000 words

Early years in the uk context - Essay Example (Shaw, 2010) The article tries to find the factors which are responsible for these choices and how the choices of working class parents differ from middle class parents. The authors have used interviews as the research methodology in trying to answer this question. The authors believe that the way in which choices are made by the working class and middle class parents make choices further produces inequities. (Carol Vincent, 2010)They also differentiate in the way these choices are made and the factors which are considered before making the choices. In conclusion the authors claim that working class families give importance to the known , familiar and trusted sources for choosing childcare whereas middle class families were more open to childcare centres which may be lesser known to them. The overarching concern for the working class parents is shown as safety for their kids whereas the middle class parents do not care much about the safety -they consider it as a given. Their main fo cus is on the environment the child is provided with and his personal development. The authors also show how economic status of the families makes them perceive and experience the child care markets in a different way. (Carol Vincent, 2010) The very first analysis which comes to the mind of this article is the research methodology which is used. ... This may have left out a large section of the population which may not indulge in such a large amount of research to choose childcare as is shown in the article. (Kumar, 2008) Thus general assumptions about middle class and working class attitudes to childcare cannot be made from such an unrepresentative sample. The second problem is that of false responses. (Kumar, 2008) It is a well known fact that what people actually do differs a lot from what they say in interviews. The results would be much more reliable if interviews were followed by observations of behaviour. The third problem is acknowledged by the authors but they fail to mention how they countered it. This is the problem of interviewer bias. As interview was conducted by white middle class females; the responses of working class mothers could suffer from a bias towards the interviewer. Also the interviewer may have interpreted the response in a way which is completely different from what the working class parents intended to. (Patel, 1964) The authors claim in their article that middle class parents are the more informed consumers in the child care market. They research a large number of options before settling on the childcare. As opposed to this working class parents are shown to be less aware and less informed about the options that they have. However the authors do not stop at telling the behaviour but also try to identify the reason for the behaviour and the reason that they have identified is spot on and absolutely right. The choices in childcare market are available only to those who have money to shell out. (Leach, 2009) .Although the problem of expensive child

Hotel Case Study Project Essay Example | Topics and Well Written Essays - 750 words

Hotel Case Study Project - Essay Example For this reason, private and institutional investors still favor the hotel sector in the United Kingdom. The demand for housing in the city is still high making the demand for hotels in central London also high. Development outside the capital is virtually at a standstill and those seeking to develop hotels are faced with many economic challenges. The investment products in the market are also unrealistically priced with the banks being the main regulators of the hotel industry. The Olympic Games were indeed a success story for London and realized a 41% growth in ADR in various pockets that were within the territory including Manchester. Bedroom supply has increased tremendously over the last ten years with the annual growth rate reaching 15.5%. To date, a total of 1,622 new bedrooms have entered the market but with the current economic crisis, this may be detrimental. The long term occupancy for a room outside London is about 65%. Â  In future, it is expected that 3,800 new bedroom s will come into stream by 2016, an expected 70% increase in supply. It is expected that the current market weakness will take a turn and create a demand which will catch up with the new supply. How to Position the Hotel in Terms of Possible Customer Groups and Hence Prices GreenCo will be set up in a place with several target groups in order to increase their customer base. It will have visitors from Manchester Business School who may be coming in briefly to either view the school or give lectures. The Oxford Railway Station will also provide customers in the form of visitors coming in who may need a place to stay. It will also engage in the development of offices that will seek to target business owners who may set international offices and in addition, require accommodation. It will target the business hotel user and as such, pricing should be carefully evaluated to ensure that it provides the lowest possible rates for rooms in the area. What the Likely Turnover of the Proposed H otel Is, and Drawing on Other Hotel Operators’ Financial Performance, an Indication Of Likely Profits UK Hoteliers are faced with widespread difficulties that have predicted a fall in occupancy and extra work for regional owners despite continued investor interest. The hotel team at PWC has predicted a 70% drop in occupancy in the regions, 79% drop in London as well as 1.2% drops in the average daily room rates (ADR). This is expected to have ADR in the provinces at $58 and $137 in the capital. Because of increased supply and greater competition, hotel revenue per available room (RevPAR) will drop by 1.4% in the regions and 3.2% in London. This will leave RevPAR at $108 in the capital and $41 elsewhere. Despite this gloomy outlook, after the Eurozone crisis is felt and further new room supply enters the market further pushing down the prices, tour operators who previously avoided the capital are expected to return to the capital. With these estimations in mind, an estimated, the projected sales in 2012 for Holiday Inn in Stanstead Airport of 5 million with an occupancy rate of 73.5%. This is expected because this hotel is located near the capital as compared to GreenCo which is located in the province. Gold which also operates in an area similar to GreenCo expects annual revenue of 2 million. Drawing on the operation of other hotels, GreenCo is likely to receive profits of about 3 million. Any Additional Ideas on Marketing would be Welcome

Book One Amazing Thing Essay Example | Topics and Well Written Essays - 250 words

Book One Amazing Thing - Essay Example As mentioned earlier, all those people who were trapped inside the building will be rescued. They will be able to travel to India. They will carry with them all the good things that they have learned from the tragedy, especially all the good aspects of life that they have heard from the various characters’ life stories. They will carry with them one of the most important lessons they have learned from their experience: hope will never be lost especially if there is cooperation or group spirit. They will completely learn the importance of struggle and its power to strengthen one’s character. And, it is not the commonalities that strengthen a group, but the differences. All the nine characters will successfully resolve the issues and conflicts in their lives. They will find a definite purpose for their travel to India. It will not merely be for pleasure, but for a deeper, more reflective

COMPANY LAW 402 ASSIGNMENT Example | Topics and Well Written Essays - 2500 words

COMPANY LAW 402 - Assignment Example We instituted legal research into this matter with a view of determining the suitability and legality of starting a Picture Framing business in Australia. We believe this goes towards the very crux of your matter. Further, we would like to state that our services can only be of a legal nature on this matter. It is your duty to seek out qualified professionals who will assess the proposed business venture while looking at its location and profitability in order to determine whether it will be a going concern. Due Diligence It would be remise of our duty as consultants if we did not advice you that it is your duty look into the financial and commercial aspects of this business venture. This is because a business wherever it is instituted needs to have a strong financial basis that will see its survival and development. This should be done so as to avoid a situation where you have overlooked the financial aspects of this venture. That would be catastrophic. You should undertake this res earch through professional help. Ownership Before starting on any business, you need to determine whether or not the company structure is right for the particular company, decide what name the company is to assume, its mode of operation, the legal obligations that are assumed by the company, getting the requisite consents and finally registering the company (Commission). As discussed with you a summary of the proposed corporate structure has been prepared. It should be reviewed carefully and approved by your accountant. Australian Law provides for the structuring of any business in four ways. 1. Sole trader: an individual trading on their own 2. Partnership: an association of people or entities carrying on a business together, but not as a company 3. Trust: an entity that holds property or income for the benefit of others 4. Company: a legal entity separate from its shareholders. Sole Trader Looking at the business of a sole trader, one realizes that the same is entered into by one owner. This owner gets the benefit of directly transacting with his clientele thereby creating a trust as between the business and the clientele. The tax obligations related to this business are subject to the personal rates of the business (Government). The only major disadvantage of this enterprise is that the owner is personally liable for the business liabilities of the company. This opens up the owner to lawsuits that are consequent from the company as the company is not a separate legal entity. A sole trader cannot also share the burden of management and costs with any other person (Lawyers). In relation to the Picture Framing business, you both want to be co-owners of the enterprise. This in effect renders this business structure nugatory as far as your proposed enterprise is concerned. Trust The other business enterprise that is provided for in Australia is in the nature of a Trust. A Trust is defined to be a business where the trustee conducts business for the benefit of ce rtain beneficiaries. This in effect means that at all times the trustee can only conduct business that is in the interest of the beneficiaries. The advantages of Trusts are that it minimizes the tax that is levied on the business as the income from the business can be directed at the beneficiary with the lowest income thereby