Friday, May 22, 2020

The Cost Of Real Money - 1690 Words

However, with the LM curve moving to bring the economy to full employment, it seems impossible, in this case, to have sustained price rises (i.e. inflation) as the monetary side seems to close off the story entirely. One could subsequently argue that, as real wages (w/p) declined in the process, then workers would try to bid their money wages back up and thus regenerate the gap. However, recall that from the four-quadrant IS-LM diagram (our earlier Figure 4), when IS-LM centers on the full employment output level so that Y* = YF, then the labor market clears and thus there are apparently no inherent dynamics to imply a rise in wages. If anything, a Pigou Effect arising from the fall in real money balances ought to push the IS curve to the left and actually generate unemployment so the implied dynamic might actually be a fall in money wages (of course, in the process of the original adjustment, IS and LM could move concurrently to the left and land at YF together, but then we are back to a full-employment centered equilibrium). In short, in an IS-LM context, we can obtain price rises but, at least within the confines of the model, we cannot obtain continuous inflation unless aggregate demand rises again for some reason - and there is no apparent reason why it will do so. The problem, of course, returns to the old issue of what happens in that mysterious labor market which was so murky in the Hicks-Modigliani IS-LM world. The Keynes-Smithies story has workers bargaining forShow MoreRelatedExplain the Post-Keynesian Transaction Demand for Money and Discuss the Effect That the Distribution of Income Will Have on the Determination of the Demand for Real Balances1690 Words   |  7 Pages. At the time of writing Keynes’ approach to the demand for money was radical. However, The General Theory received much criticism and lead other economists to try and justify Keynes’ findings, particularly in respect to the inverse relationship between the interest rate and the demand for money. Of these, the most widely quoted model is the Baumol/Tobin inventory-theoretic-model developed separately by William Baumol (1952) and James Tobin (1956) resulting in similar conclusions. They are oftenRead MoreWhy Should Before Enrolling A Real Estate Investment Education And / Or Coaching Program? Essay1639 Words   |  7 PagesIn A Real Estate Investment Education And/Or Coaching Program By Mich Phelps | Submitted On April 27, 2012 Recommend Article Article Comments Print Article Share this article on Facebook 1 Share this article on Twitter 1 Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest If you are like me, then you have an interest in real estateRead MoreEssay On Real Estate924 Words   |  4 PagesReal Estate Terms Every First Time Buyer Needs to Know So, you’re ready to buy your first house. Little did you know, there’s a whole new language you need to learn during the process! Real estate has many different terms, phrases, and acronyms that every first-time buyer needs to familiarize themselves with before they jump into the market. Don’t worry, the experts here at The Degnan Group are here to explain the most common real estate terms that every first time-buyer needs to know. EscrowRead MoreEssay about Eco 561 Final Exam Free1423 Words   |  6 PagesECO 561 Final Exam w/ corrected answers 1) Suppose that in the clothing market, production costs have fallen, but the equilibrium price and quantity purchased have both increased. Based on this information you can conclude that A. the supply of clothing has grown faster than the demand for clothing [B. demand for clothing has grown faster than the supply of clothing] C. the supply of and demand for clothing have grown by the same proportion D. there is no way to determine what hasRead MoreCrosswell at the Brazilian Market664 Words   |  3 PagesLeonardo Sousa that would enable them to hit the target of R$83.00 per case of diapers? To reduce costs and reach a competitive price in the Brazilian market, Material Hospitalar should get 180-day credit from Crosswell International and then be able to sell the product and collect the sales money in 30 days. At this point, Material Hospitalar will invest the money in the high-yielding Real-denominated deposit rates. They will deposit the cash proceeds for 60 days at 9.25% and then again depositRead MoreMonetary Policy Essay1666 Words   |  7 Pagessociety. There are many factors that operate in, and govern our society’s economical structure. Factors such as scarcity and choice, opportunity cost, marginal analysis, microeconomics, macroeconomics, factors of production, production possibilities, law of increasing opportunity cost, economic systems, circular flow model, money, and economic costs and profits all contribute to what is known as the economy. These properties as well as a few others, work together to influence the economy. MicroeconomicsRead Mor e To What Extent is Inflation a serious Economic Problem Essay1678 Words   |  7 Pages However, although inflation is a useful measure for the government, as they can see how the general price level affects other economic factors, it still is considered to be a problem. The higher the rate of inflation the greater the economic cost is what economists see and the reasons for this follow. Stable prices give the consumer a general idea of what a fair price is for a product and which suppliers charge the least for them. With inflation being high, both the consumers and competitiveRead MoreEssay about Macroeconomics Assignment Chapters 1 and 21122 Words   |  5 Pagesgoods detrimental to people’s health (tobacco, alcohol, etc.) be increased in exchange for a decrease in other taxes (property, income, etc)? 2. Define in your own words and use examples to illustrate:    a. Opportunity cost- when you make a decision, your opportunity cost is the next most valuable alternative, or the value of the next best option. What you sacrifice. Example: if I wasn’t doing this macro assignment I would be watching Netflix. So I am sacrificing watching Netflix in order toRead MoreReal Estate Industry In The Rental Market Essay1279 Words   |  6 PagesReal Estate Industry in the Rental Market Abstract â€Å"Real estate is land, all of the natural parts of land such as trees and water, and all permanently attached improvements such as fences and buildings. People use real estate for a wide variety of purposes, including retailing, offices, manufacturing, housing, ranching, farming, recreation, worship, and entertainment.† (Answers.com) In order to more specifically focus on a specific area of real estate this discussion will deal with the housingRead MoreModels of Determination of Interest Rates Essay1634 Words   |  7 PagesParkin et al (2005), the opportunity cost of holding money, that is, the price of borrower are willing to pay for the use of the loan. On the other hand, it is also the compensation to the risk that lenders take in lending the money. (investopedia.com, n.a. 2003) By lenders and borrowers, it refers to individuals, businesses, financial instruments and governments. IR can be also categorised into nominal IR that is the stated one on financial market a nd real IR that implies the return of investment

Thursday, May 7, 2020

Rhetorical Devices Of `` We Wear The Mask `` And `` Harlem ``

In literature, rhetorical devices are primarily used to convey a particular feeling or action to the reader. Through the use of rhetorical devices such as imagery, description, and metaphorical allusion, the author gives the reader the ability to connect with the text on a more intimate level that otherwise would not have been achieved without the use of them. Subsequently, Harlem Renaissance writers such as Paul Lawrence Dunbar and Langston Hughes employed the rhetorical devices of imagery, description and metaphorical allusion to convey the egregious realities of the black experience in the United States during the early twentieth century. In writings such as, â€Å"We Wear the Mask† by Paul Lawrence Dunbar and â€Å"Harlem† by Langston Hughes, the use of rhetorical devices gives each writer the ability to provide commentary on the social, economic, and political circumstances that African-Americans faced in inner-city Harlem during the turn of the twentieth century. In â€Å"We Wear the Mask†, Dunbar primarily employs the rhetorical device of metaphorical allusion to give the reader a sense of how African-Americans navigated socially in a traditionally white supremacist, patriarchal society. He begins his poem, with â€Å"We wear the mask that grins and lies, it hides are cheeks and shades our eyes† (Dunbar, â€Å"We Wear the Mask†). Here, he employs the use of the mask to elaborate on the â€Å"double-consciousness† that African-Americans had to exhibit in order to function during that tumultuous

Wednesday, May 6, 2020

Agile V. Waterfall Free Essays

Waterfall to Agile References Pavolka, R. , Mount, V. , Neymeyr, A. We will write a custom essay sample on Agile V. Waterfall or any similar topic only for you Order Now , Rhodes, C. From Waterfall to Rapid Prototyping (2005). Supporting Enterprise-wide Adoption of the Oncourse Collaboration and Learning (CL) Environment at Indiana University. SIGUCCS ’05 Proceedings of 33rd Annual ACM SIGUCCS Fall Conference, 312 – 319. Northrop, Robert (2004). The Fall of Waterfall. Intelligent Enterprise 7. 3, 40-41. Adams, John (2013). Change in Software Techniques Helps FHLB Reduce Defects. American Banker, Technology Section, Volume 178 No. 3. I. Agile v. Waterfall Agile Development Methods (Agile) and the Waterfall Method (Waterfall) are two different styles of designing and managing the Soft Development Life-Cycle (SDLC) within an organization. Waterfall being the more traditional approach and Agile newly born just twelve years ago, there is much debate over which approach works best and when. Companies have used Waterfall for decades of successful projects and in most companies the approach has been ingrained into the very fabric of the compa ny. The organization of teams and human resources in information technology (IT) can be anywhere from loosely to entirely based on the method that the organization is using. More and more organizations are starting to see the advantages of Agile now and are questioning older methods almost entirely because of the fast-paced business world of the twenty-first century. Agile allows an organization to respond to that change more quickly without sacrificing quality work or customer satisfaction. Waterfall, on the other hand, with its precise planning can offer better time management and money savings. In a fast-paced society where the time it takes to bring a product to market could mean the difference between success and failure, Agile is making its way into more and more organizations everyday. And, everyday more and more of these organizations are struggling with the change that is required to adopt Agile methods as well as the woes that this fast-paced development style introduce to the organization. II. What is Waterfall Waterfall is the classical system development model. The model of software development hones its ideas from the manufacturing world. It is based on a step-by-step approach to creating products from the conceptual phase to implementation and maintenance. Waterfall focuses its development strategy on the distinct phases of a project: concept, design, implementation, testing, installation, and maintenance. In larger organizations and on larger scale projects these phases of production are often handled by different people and even different teams. Using Waterfall, the concept phase of a project tends to be the single most important phase. This is the step during which the development team gathers and analyses its customer’s needs and documents the problem that the software solution is expected to solve. The documentation and analysis needs to be precise, in depth and even flawless because once the phase is complete there is no turning back—modifications to a project, no matter what phase its in when the modification or change order is received, require that the project fall back to the concept phase. While several techniques such as use cases and customer interviews are used to gather this information the results of the analysis and requirements gathering that are carried out in this phase are typically relayed to the next phase in the form of a formal document. This document serves as the sole resource for the team who handles the second phase: design. Design entails actually making determinations as to exactly how a team intends to in later phases execute the solution. This is when platforms, programming languages, data storage methodology, equipment types, standards and graphical user interface decisions are made. Design also entails other high-level project decisions on ideas such as how security will be handled and resource management. The design step delivers its decisions on these matters, commonly know as the design specifications to the third phase: implementation. Implementation is very simply put the execution of the requirements in the design specifications document. During this phase, developers actually write the code that makes the software system work. Hardware specialists similarly setup the equipment and hardware that are necessary for the solution. The application is developed, debugged and tested against the design document and once it passes muster, the product is handed off to the next phase: testing. Testing is often handled by a quality assurance team. The team upon taking delivery of the product refers back to the documents created during conception and ensures that all of the requirements are satisfied by the solution. This team documents the project and uses business cases or test cases to determine whether the solution actually is the complete solution and whether or not it actually works in its entirety. This team generally hands off the functioning solution, its documentation and a user manual to the next phase: installation. An installation or delivery team then hands the product over to the customer. This team also often provides formal training to the end-user. Delivery is followed by maintenance. Maintenance of a product usually includes end-user support, debugging of system flaws that are discovered after delivery, and change requests. If Waterfall is executed to the letter of its design, there will be no overlap between the separate phases of the project. Clearly defined timelines for each step are known at the onset of the project and serve as milestones for progress during development. The requirements in a well executed Waterfall project will be so very detailed of point driven that little time is wasted in later phases on things like re-writing blocks of code or back-and-forth’s that question ambiguity in understanding on the developers part. It is a tried and true and has advantages such as minimal wasted time and easy handover—handover of the project or a part of a project in waterfall can be a very smooth process because of all of the documentation that is produced in the analysis and design phases of the project. The documentation can even smooth over team-member attrition. III. What is Agile Agile Software Development is an umbrella for a particular style of development methods that focus on self-organization or cross-functional teams to develop smaller packages of a product more quickly than has been traditionally done. The basis for all of these methods is The Agile Manifesto (www. agilemanifesto. org). The author of the manifesto argues that working software, delivered in small packages, delivered in shorter timeframes (weeks not months) by teams who are self-organized and able to communicate freely throughout the process with both the customer and other stakeholders can respond to change and deliver a more effective approach to software development in the volatile business world today. The manifesto declares that individuals and interactions are more important than processes and that following a design document is not as necessary as having the ability to change quickly. Agile’s focus is on a rhythmic continuity in the lifecycle of a project. The packages that are delivered tend to be broken down into timeframes as small as a week and generally not more than four weeks long. Customers receive working software continuously and the project is more of a living, breathing software that can overtime change to meet the needs of a rapidly changing marketplace. Agile teams meet frequently, as often as daily to discuss status and approach. Teams focus on reusing code blocks and making decisions about platforms and languages as necessary and with a better chance that standards and new technologies won’t change or become outdated before delivery takes place. IV. Which is the better way? The question so many teams and organizations are debating regularly these days is ‘which is better Agile or Waterfall? ’. Both Waterfall and Agile offer benefits and shortcomings and neither can be called universally better or universally out-of-date. The decision must be made based on each organization’s and each project’s circumstances. Team size can be a significant factor. Waterfall methodology is hard to manage with a small team. Waterfall relies on division of responsibilities and in very small teams this may result in an overwhelming workload for team members. Time to market with Waterfall; however, is longer whereas Agile methods can get product to market quicker so if time is a very high priority Agile may be the methodology to use. Indiana University documented a case in which its own IT Training and Education (ITTE) department underwent the change from its previous standard Waterfall approach to an Agile methodology. The team started questioning its approach to development of training materials first when its materials started becoming obsolete before they were even delivered. The team found itself being tasked to develop and deliver training materials for a product that it saw as a â€Å"moving target†. It quickly became clear that the old Waterfall methodology would not work given the rapidly changing requirements. The situation required more constant contact with the stakeholders and that the team be able to deliver consistently changing and updated training materials as the system it was training on was an ever-changing system itself. ITTE faced problems in the transition. One such hurdle was changing the mindset of its customer. The team’s customer had grown used to having ITTE deliver large Waterfall sized training packages on static, tried and true, well planned, designed, thought-out and fully-functional software systems. The overhaul of it Course Management System (CMS) was, however, being updated constantly and the customer often expressed feeling of being Beta Testers rather than end users. In addition, ITTE’s own team members struggled with the behavioral changes that were necessary to adapt in order to make a more Agile model of development work for the team. Communications amongst team members, for example, became more necessary on a more frequent basis. The team also faced the task of training users on a system that was not fully functional. Users were, at times, resistant to the change themselves and found confusion in the fact that incomplete software was being delivered. The users were as accustomed to receiving fully functional systems and training as the ITTE team was used to delivering. ITTE also soon learned it necessary to assign team members exclusively to this project. In the past, the team’s Waterfall approach had allowed resources to be more spread out, whereas with the new Agile approach team members were so consistently involved with the living project that they were necessarily exclusively assigned to the CMS project. With all of the challenges that it faced, ITTE concluded that the change in methodology improved its reputation with the customer. More frequent face time and feedback response made the customer happier. It also concluded that, as a team, ITTE was able to produce more products cheaper, faster and more efficiently using its new approach to the SDLC. A single case, however, can’t be used to make a determination for the next company facing this decision. The fact is the right approach to software development is the approach that works best on a case-by-case basis. While Waterfall may still be the best approach for fixed-price, fixed-scope, short-term projects, Agile may be better suited to a project where the scope is expected to creep because of a changing marketplace. And there are teams that have even begun applying Agile methodologies to a Waterfall approach and vice versa. So perhaps the appropriate approach for an organization is to not decide on one or the other for the organization but to embrace both Agile and Waterfall methodologies and to learn to apply each appropriately. How to cite Agile V. Waterfall, Essay examples

Monday, April 27, 2020

Racism in The Kite Runner Essay Example

Racism in The Kite Runner Paper In Khaled Hosseini’s world-renowned novel The Kite Runner, Hosseini tells the story of a young Afghani boy , Amir, and the trials that he must go through to learn who he is. Hosseini uses the narrator of Amir to bring to light not only the devastation that has befallen Afghanistan but to also incorporate universal themes that , no matter who you are, anyone can relate to. Hosseini exemplifies multiple themes throughout his work; however, the theme of racism plays a vital role in the characterization of the characters, but it also plays a major role in the lessonsthat readers can learn from The Kite Runner shown through the Hazaras’ battle with discrimination, Baba’s hatred of Russians, and through the radical ideology of the Taliban. The primary conflict of racism in the novel is against the Hazara, who practice Shia Islam. The dominant group is the Pashtuns who practice Sunni Islam. Some characters call Amirs childhood friend Hassan a mice-eating, flat-nosed, load-carrying donkey. The Hazara are immediately identifiable, as they are thought to have stereotypically Mongoloid physical traits. Amir thinks of Hassan as just a Hazara more than once, even though Hassan is the only real friend he has in the story. Baba has a similar relationship with Ali, Hassans father. Amirs grandfather adopted Ali as his own son, and Babas brother, but his role is always as a servant. We will write a custom essay sample on Racism in The Kite Runner specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Racism in The Kite Runner specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Racism in The Kite Runner specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Amir and his father use the division between Pashtun and Hazara to oppress them in the most insidious of ways, as they pretend to be close to Hassan and Ali, while keeping them at an arm’s distance as servants. When Amir and his wife adopt Hasaans son Sohrab, his father-in-law protests, I have to deal with the communitys perception of our family. People will ask. They will want to know why theres a Hazara boy living with our daughter. What do I tell them? In some sense, the persecution is a prevalent theme all the way through t

Thursday, March 19, 2020

Free Essays on Legalization Of Prostitution

being raped. My solution to the problem is to legalize prostitution. In a first case scenario the legalization of prostitution will help put an end to the numerous cases of rape in America. If you can go out and buy sex than that will cut down on the number of sexually frustrated people who resort to rape. See that way you can go out on a date with a virgin who wants to save herself for marriage or whatever and have a good time with her.( Normally you would spend the whole date figuring out how you’re going to get her in bed.) When midnight rolls around you can make up some story that your cousin is picking you up early in the morning to paint yor grandmother’s house.Then that’s when you drive downtown and claim a nice little prostitute.You see, you get the best of both worlds because your date thinks you’re a perfect gentleman for not even making an attempt to get in her pants and you get to end the night with having sex or receiving some other kind of sex act. For the really sick bastards who rape their victims just simply for violence and because they like to see woman struggle, why not have them take their aggression out on a prostitute rather than your little sister. Moving on to our next scenario of why prostitution should be legalized.This is directed at men ages 30-50 years old. How many of you guys married what you thought to be a beautiful woman with a great body? Now how many of you are married to an overweight wrinkled woman who already popped out about 3 big kids? When you first got married you would work a hard days work but at least you could come home to a pretty little thing to go to bed with. Now ,... Free Essays on Legalization Of Prostitution Free Essays on Legalization Of Prostitution How many of you out there like to have sex ,watch people have sex on T.V. or in person, or think about sex. You aren’t alone if you are knodding your head yes.The problem is that not everyone has the oppurtunity to have sex and some people are having sex forced upon them, in other words being raped. My solution to the problem is to legalize prostitution. In a first case scenario the legalization of prostitution will help put an end to the numerous cases of rape in America. If you can go out and buy sex than that will cut down on the number of sexually frustrated people who resort to rape. See that way you can go out on a date with a virgin who wants to save herself for marriage or whatever and have a good time with her.( Normally you would spend the whole date figuring out how you’re going to get her in bed.) When midnight rolls around you can make up some story that your cousin is picking you up early in the morning to paint yor grandmother’s house.Then that’s when you drive downtown and claim a nice little prostitute.You see, you get the best of both worlds because your date thinks you’re a perfect gentleman for not even making an attempt to get in her pants and you get to end the night with having sex or receiving some other kind of sex act. For the really sick bastards who rape their victims just simply for violence and because they like to see woman struggle, why not have them take their aggression out on a prostitute rather than your little sister. Moving on to our next scenario of why prostitution should be legalized.This is directed at men ages 30-50 years old. How many of you guys married what you thought to be a beautiful woman with a great body? Now how many of you are married to an overweight wrinkled woman who already popped out about 3 big kids? When you first got married you would work a hard days work but at least you could come home to a pretty little thing to go to bed with. Now ,...

Tuesday, March 3, 2020

Richard Arkwright and the Water Frames Impact

Richard Arkwright and the Water Frame's Impact Richard Arkwright became one of the pivotal  figures in the Industrial Revolution when he  invented the spinning frame, later called the water frame, an invention for mechanically spinning thread. Early Life Richard Arkwright was born in Lancashire, England in 1732, the youngest of 13 children. He apprenticed with a barber and wigmaker. The apprenticeship led to his first career as a wigmaker, during which he collected hair to make wigs and developed a technique for dyeing the hair to make different-colored wigs.   The Spinning Frame In 1769 Arkwright patented the invention that made him rich, and his country an economic powerhouse: The spinning frame. The spinning frame was a device that could produce stronger threads for yarns. The first models were powered by waterwheels so the device came to be known as the water frame. It was the first powered, automatic, and continuous textile machine and enabled the move away from small home manufacturing towards factory production, kickstarting the Industrial Revolution. Arkwright built his first textile mill in Cromford, England in 1774. Richard Arkwright was a financial success, though he later lost his patent rights for the spinning frame, opening the door for a proliferation of textile mills. Arkwright died a rich man in 1792. Samuel Slater Samuel Slater (1768-1835)  became another key figure in the Industrial Revolution when he exported Arkwrights textile innovations to the Americas. On December 20, 1790, water-powered machinery for spinning and carding cotton was set in motion in Pawtucket, Rhode Island. Based on the designs of English inventor Richard Arkwright, a mill was built by Samuel Slater on the Blackstone River. The Slater mill was the first American factory to successfully produce cotton yarn with water-powered machines. Slater was a recent English immigrant who apprenticed Arkwrights partner, Jebediah Strutt. Samuel Slater had evaded British law against emigration of textile workers in order to seek his fortune in America. Considered the father of the United States textile industry, he eventually built several successful cotton mills in New England and established the town of Slatersville, Rhode Island.

Saturday, February 15, 2020

Current Event Assignment Example | Topics and Well Written Essays - 500 words

Current Event - Assignment Example Obama’s administration actually declared a humanitarian crisis following the surge in migration of unaccompanied minors across the country especially in places with large immigrant populations. The government has therefore opened emergency centers on the Southwest part including California, Oklahoma and Texas to shelter the migrants who always fight back deportation orders. Places such as the New York where there is rise in child migrants have reported an increase in the number of unaccompanied minors who seek help in the past even as the migrants claim that they left their native countries because of violence and the threat of gang recruitment or economic necessity. The shelters that were created by the government have been at capacity in the recent months where they are detained before released to their relatives (Semple Web). In fact, the author explains that some minors such as Leo who has been highlighted in the article took almost two months in the shelters before being reunited with their relatives in the U.S. Semple has also indicated that most of the minors normally qualify for some form of immigration relief raising questions on the number of new arrivals who will be allowed to stay permanently in the U.S (Web). The greatest challenge faced by unaccompanied minors that require urgent needs such as health care, psychological counselling and ed ucational support that are not easy to offer hence exposing them to high risks. Immigration issues have been rampant in the recent issues even though it began it began several decades ago in America and across the world. American Federal System of Government have always tried to address the issue by instituting various policies on controlling and treatment of the migrants. For more than 150 years, federal government has been pre-eminent in immigration policy while Congress and