Expansionary Monetary Policy Essays - 1494 Words

Expansionary Monetary Policy Expansionary fiscal policy, such as the Chancellor of the Exchequer deciding to reduce the standard rate of income tax leads to higher aggregate demand and an increase in equilibrium income and output. In this essay I will examine the factors that are important in determining the macroeconomic effects should such a policy be installed by Gordon Brown (Chancellor of the Exchequer), and I will comment on any suggestions I may have for Gordon Brown in the preparation of his next budget with a brief description on the assumptions that my advice is based. Macroeconomic Goals Firstly I would like to examine the macroeconomic goals/aims of Gordon Brown and his fiscal policy. Fiscal policy is the†¦show more content†¦An increase in aggregate demand leads to an increase in the demand for labour shown as a shift from DL to DL1 which leads to increase in employment as a result of the wage rate increasing from 1 to 2. However, due to the natural rate of unemployment the supply of labour shown as SL, shifts to the right to SL1 where the wage rate is represented as 3 and employment returns to the natural rate. IS-LM Model This example of short run and long run aggregate supply and demand brings us straight into IS-LM Model. The IS-LM Model shows the combinations of both income and interest rates and shows how equilibrium is reached in both the goods and money markets. This model involves two schedules/curves, the IS curve and LM curve. The IS schedule shows the different combinations of income and interest rates at which the goods market is in equilibrium and the LM schedule displays the combinations of interest rates and income compatible with equilibrium in the money market. IS-LM schedule in equilibrium or the goods and money markets in equilibrium. The money market is in equilibrium at all points on the IS curve. The money market is in equilibrium at all points on the LM curve so only at point A are both markets in equilibrium. With the exception of a fall in interest rates, any factor that shifts the aggregate demand curve upwards, such as a decrease in income taxes will also shift the IS curveShow MoreRelatedExpansionary Fiscal Policy And Expansionary Monetary Policy1496 Words   |  6 Pagesmove the economy out of a recession, the government would implement expansionary economic policies. One action the government would take would include conducting expansionary fiscal policy. The other action taken would be conducting expansionary monetary policy. Both of these actions would have an effect on such things as money supply, interest rates, spending, aggregate demand, GDP, and employment. Expansionary fiscal policy consists of change in government expenditures, or taxes, in order inRead MoreThe Expansionary Fiscal Policy And The Monetary Policy2849 Words   |  12 Pageslean on the expansionary Fiscal policy and the monetary policy to regain money into the economy. Whether, a change in taxes or even government spending. Even to the three major tools of the expansionary monetary policy to focus on. In the first part of this paper, I will discuss the expansionary fiscal policy and how the Federal government was involved and the changes that needed to be made to taxes, government spending. The second part of this paper, I will discuss the monetary policy and the toolsRead MoreFed Expansionary Monetary Policy764 Words   |  4 PagesFed Policy Economists have been puzzled by the question of whether or not the Fed should begin its exit from expansionary monetary policy, primarily due to the reason that surrounds all policy change - there are benefits, and there are costs. The expansionary monetary policy essentially focuses on expanding the economy through increasing the GDP, and this is done through increasing output and employment through the lowering of interest rates. With the economy recovering slowly but surely, many economistsRead MoreThe Federal Reserve And Expansionary Monetary Policy1657 Words   |  7 Pagesgovernment can handle the economy in a recessionary period in one of two ways: expansionary fiscal policy or expansionary monetary policy. The sector of the government that handles the economy using these policies in a recession is the Federal Reserve. The best course of action to get the United States out of a recession is to use expansionary monetary policy. In order to properly explain the expansionary economic policies that the federal government engages in, it is important to understand the vocabularyRead MoreThe Impact Of Expansionary Monetary Policy During The Great Recession1720 Words   |  7 PagesThe 2008 Great Recession has been declared by the International Monetary Fund (IMF) as the worst global recession of the 20th century since the Great Depression [1]. After eight years, global economies today continue to struggle to find sustainable recovery and robust growth. The crisis was a massive institutional failure that involved the bursting of the asset bubble, the collapse of the stock market, and the moribund employment rate among others. The crisis has since triggered economists, governmentsRead MoreShould Feds Continue with Expansionary Monetary Policy or Exit Strategy?863 Words   |  4 Pagesconsumers spending. Based on the data given by the U.S. Department of Commerce today, the economy is now healing from the recession with the expansionary monetary policy. However, some people argue that it takes too long for the recovery to happen and suggests that it is time for the Fed to come out with an exit strategy. However, I think the Fed should stick with its policy because it manages to improve the economy. Therefore, I think the Fed should stay with their strategies until there is a clear evidenceRead MoreThe FEDs Expansionary and Contractionary Monetary Policies During and After the Economic Recession586 Words   |  3 Pagesthe concern that the expansionary monetary policy they used will quickly turn the recession into high inflation. This â€Å"exit strategy† can also be described as contractionary monetary policy and is going to be used to counteract the inflation sure to follow the economy’s recovery. Critics of this plan argue about when it should be implemented because it could make a recession worse or the inflation just as bad as the recession. The Fed has been using expansionary monetary policy to increase the moneyRead MoreFactors That Affect The Economic System1223 Words   |  5 Pages In monetary terms, a subsidence is delegated a moderate development or absence of development in financial movement; all together for the economy to escape the retreat, the legislature must execute expansionary monetary strategies. â€Å"The activities of government are grouped into three categories: allocation, redistribution, and stabilization. Stabilization and redistribution are conducted primarily through governments in all economic systems. Allocation is a microeconomic activity that is sharedRead MoreExpansionary Policy1254 Words   |  6 PagesExpansionary Fiscal and Monetary Policies Macroeconomics: ECO 203 Professor Charles Aki September 1, 2013 The US economy has seen some detrimental changes over the past decade. These changes resulted in unsubstantial unemployment rates, fluctuating interest rates, unstable GDP, and an increase in taxes. The federal government has an obligation to citizens to respond to the changes in the economy that affect each household. Expansionary Fiscal and Monetary Policies are economic policies usedRead MoreMonetary Policy On Economic Prosperity Essay1679 Words   |  7 Pages MONETARY POLICY CHANNELS BY MARTIN RIITHO MAINA KCA 14/02073 Term Paper submitted to Dr. G. Kosimbei in partial fulfillment Of the requirements for the course Monetary Economics, as credit towards The degree of Master of Science (Finance and Economics) KCA UNIVERSITY November, 2014 INTRODUCTION Monetary policy takes central part in discussions on how to promote low inflation and sustainable growth in the economy. Monetary policy operates as a tool to reduce prices during inflation and enhance

Two Articles - 914 Words

Assignment 2: LASA 1—Analytical Summaries For this assignment, you will compose two short critical essays explaining and evaluating arguments by other authors. This assignment allows you to analyze an issue from a variety of perspectives and assess arguments for or against the issue. By focusing your attention on how the original authors use evidence and reasoning to construct and support their positions, you can recognize the value of critical thinking in public discourse. Read the two articles Predictive Probes, and New Test Tells Whom a Crippling Disease Will Hit—and When from the textbook and write two separate analytical summaries. These articles can be found in the chapter titled: Deciding to accept an argument: Compare the†¦show more content†¦But deciding whether to submit herself to the test is an anguishing choice for Ms. Wexler. â€Å"If I came out lucky, taking the test would be terrific, of course,† she says. â€Å"But if I came out unlucky, well †¦Ã¢â‚¬  Her dilemma is an extreme example of the kind thousands of Americans will face in the not-too-distant future as scientists learn how to pinpoint genes that cause or predispose a person to a future illness. The test to detect the Huntington’s disease gene should be ready within one to two years. Researchers already have detected some of the genes that can lead to premature heart attacks and, in the near future, hope to spot those that could predispose a person to breast or colon cancer. Eventually, scientists believe they will be able to detect genes leading to diabetes, depression, schizophrenia and the premature senility called Alzheimer’s disease. New Test Tells Whom a Crippling Disease Will Hit—and When Amy Jo Snider, a college senior, has put her career plans and romantic life on hold until she settles a gnawing question about her genetic legacy. During her Christmas break, the Charleston, SC, student plans to be tested for a gene that causes ataxia, a disease without a cure that destroys the brain cells governing muscle control. The disorder crippled and ultimately killed her father in middle age. Because of aShow MoreRelatedAnalyzing the Two Newspaper Articles 1059 Words   |  5 Pagesreports serious news that are quite detailed and balanced. Broadsheets are often called the ‘quality newspapers’ and therefore is aimed to readers that want more in-depth news. Both of the articles were published on Saturday 6th of September 2009 and are about the same event. However, the layout of the two articles and the presentational devices used are very different. The typeface used in the tabloid’s headline ‘Misery Miss’ is very large and bold; also you could notice the use of alliteration. HoweverRead MoreA Comparison of Two Newspaper Articles780 Words   |  4 PagesA Comparison of Two Newspaper Articles In this coursework B I would be comparing two news articles from two different sources. This coursework will be divided into three parts. The background and context, the view of both articles i.e. use of languages, headlines, quotes used e.t.c the last part will be my opinion and the conclusion. The main idea is to compare two news articles about a prison called Guantanomo bay in Cubaand how the prisoners are being treated,Read MoreAnalysis on Two Leadership Articles1262 Words   |  5 PagesFor this discussion, select two articles related to your final project literature review. Categorize the articles as to whether they use a qualitative or quantitative methodology. If possible, select one article that uses each method. In your initial post, provide a citation and a brief summary of the methodology used to study leadership in the articles. Provide your critical analysis of the articles and methodology and assess the contributions of each particular research methodology to understandingRead MoreComparison of Two Newspaper Articles1280 Words   |  6 PagesComparison of Two Newspaper Articles These two articles are about asylum seekers. Both articles agree that there are too many asylum seekers, but are presented in a very different way to each other. Article one is a shorter more aggressive tract, not intended to make the reader think about the article but just to instantly agree with it. Article two however stands back and looks at the problem, why it has arisen and suggests ways that there can be resolutions. Both papersRead MoreA Comparison of Two Newspaper Articles989 Words   |  4 PagesA Comparison of Two Newspaper Articles In this essay I will be comparing two articles taken from local newspapers in different areas. I will be looking at the techniques used in each article and their effectiveness. I will use this comparison to eventually decide which article is the more effectiveRead MoreComparing Two Articles on Abortion1022 Words   |  5 PagesThe two articles were selected under the same subject â€Å"abortion† which is summarized together. The first article summarized on â€Å"Women No More Likely to Seek Mental Health Care after an Abortion than before, study finds† taken from popular medical online news, Medical News Today. Second article summarized on â€Å"Increased MMA concentration and body mass index are associated with spontaneous Abortion in Brazilian women: A pilot study† by Elvira M.Guerra-Shinohara, Perla M. Pereira, Ananka M. Kubota, ThaiomaraRead MoreComparing Two Newspaper Articles971 Words   |  4 PagesComparing Two Newspaper Articles In the tabloid the article about Ritalin is much further back in the paper at page forty-one unlike in the broadsheet where the same article is on page nine, In my opinion this could be because in the eyes of the editor the story on health related issues is not in the interest of the reader. The tabloids title is short and is the exaggerated truth, Zombie drug boost. The word Zombie is very emotive because it reminds you Read MoreComparing Two Newspaper Articles2069 Words   |  9 Pages Comparing two newspaper articles, one from a tabloid and one from a broadsheet will convey the different techniques that tabloids and broadsheets use to present stories. Media in general, aim to inform and interest the audience which consist of many different types. Diverse emotions and ideas are created by the media; foremost tabloids. Tabloids are papers like ‘The Sun’, ‘The Mirror’, ‘The Daily Mail’, ‘The Express’ and ‘The Star’. In contrast to these are broadsheets like ‘The Times’, ‘The Guardian’Read MoreComparative Textual Analysis of Two Articles693 Words   |  3 Pagesnewspapers into two distinct categories: broadsheets and tabloids. The former being a more neutral and respected type and the latter a newspaper for more or less entertainment purposes only. This can be well observed in two specific articles that both report on political campaigns. The first one, an extract from The New Vision, a pro-government Ugandan publication, recounts presidential candidate Paddy Bitama’s arrival to the official nomination as an election candidate. The article vaguely followsRead MoreCompare the Two Articles on Henri Paul1387 Words   |  6 PagesCompare the articles on Henri Paul: Which one do you think is most persuasive? Diana, princess of Wales died on 30th August 1997. She died in a car crash In a Paris tunnel. At the time she had divorced Prince Charles who was the father or her two children, (Prince William and Harry), and was in a relationship with Dodi Alfayed. This story was reported worldwide. In the article from the Mirror, they give a biased picture of what Henri Paul Is like. They say he Is a â€Å"speed freak† and â€Å"bike nut, could

Intellectual Property Piracy Free Essays

Intellectual Intellectual property is under attack by pirates. These pirates are not wearing an eye patch or sporting a peg leg, they are anybody and everybody who are selling or copying software for personal or business use. When it comes to software and online piracy, in certain countries, it is like the Wild West, there are laws that are very cut and dry but it seems like nobody follows them. We will write a custom essay sample on Intellectual Property Piracy or any similar topic only for you Order Now On the other hand there are certain countries where it almost seems like anything goes with a lack of government regulation. The United States has very strict laws about copyright infringement. If a person is found guilty of copyright infringement in the US, it is considered a felony charge which carries a heavy fine as well as possible jail time. In December 2011, the Office of the US Trade Representative (USTR) released a list of â€Å"notorious markets,† or markets that â€Å"typify the problem of marketplaces that deal in goods and services that infringe on IPR and help to sustain global piracy and counterfeiting,† according to a USTR press release(China Urges US, 2012). Along with strict enforcement of anti-piracy laws, countries of North America, Western Europe and Australia tend to follow the Rule of Law in which society validates laws and codes. There are many associations emerging to fight technology piracy to ensure intellectual property rights. Such organization such as WTO (World Trade Organization), WIPO (World Intellectual Property Organization), and the WCT (World Copyright Treaty) have been created to police the piracy of intellectual property. With these organizations, intellectual piracy had seen a decline for a short amount of time. In a study in 2009, it was found that of all software found in developed countries, 80% of the software was legitimately purchased. On the other hand, it was also found that in emerging countries, about 60% of software was found to be pirated. Those emerging countries account for 45% of the global hardware market while they only account for less they 20% of legitimate software. Emerging countries are actually putting out more computers then legal software to put on the computers. In 2009 alone, the US lost 50 billion dollars to software piracy. It is a daunting task to police these intellectual thieves. When looking at the piracy of intellectual property globally, it seems to be a complicated task at hand to police. There are many countries that are trying to get a grasp on the problem at hand. Statistically the United States are leading the way with only 21% of its software was pirated in a 2008 report. In January 2012, the US passed the Stop Online Piracy Act (SOPA) in the U. S. House and the Senate’s Protect Intellectual Property Act (PIPA ) which would strengthen penalties for pirating movies, music, merchandise and books, have pitted corporate interests against each other and against free-speech advocates(Mitchell, 2012). Though one out of five computers in the US had illegal software, which is better than the 95% of software pirated in the country of Georgia. Organizations such as the WTO are helping on the forefront of against piracy by creating treaties amongst countries to in order to reduce the level of theft of IPR’s. The countries that seem to be adhering to this these treaties tend to have a higher level of individualism as well as a stronger grasp of the rule of law in compared to their counterparts. Other ways of controlling the piracy plague have been put into place. Technological security system like adding passwords and login, putting protection on the purchased software that would make it incapable of copying or burning are progressing to slow down the taking of intellectual property. Will this stop the problem completely? Most likely not, but it provides a promising future for IPR’s. In undeveloped countries across the world, piracy is running rampant with out much government enforcement. In China, it is legal to have 499 pirated DVDs in a person’s possession. If caught with more, it’s only a fine that would be about the same as a parking ticket. With countries such as China India or Russia that have a low sense of individualism, IPR is not a pressing matter. Those are some of the greatest populated countries of the world and the problem spreads even further then them. Without stricter enforcement in such countries, there is no end to how far piracy of software will go. In Western Europe, there is the alarming fact that more computer hardware is being produced then software is being sold. These emerging countries are taking hold of counterfeiting and sophisticating the way of doing business illegally. With the internet and person to person sharing, it is getting easier and more efficient to sell and trade pirated software. Piracy is inevitable. When the people of the world have no ethical problem with breaking IPR’s, there will be no end to the problem. The majority of the people that are pirating do not believe they are even breaking any laws. As much as we try to control, regulate and enforce piracy, there will always be someone looking for a new way of finding an end to a means. Piracy has been compared to that of illegal drug trafficking, it is an endless war that seems to have no end in site. If your take the cultures in where the heaviest of piracy of software is taking place, it is those that are a collective society, with little regard for those IPRs of individuals. The only way that piracy will end is if the world changes and conforms to having principles that respect these creative individuals and their governments take initiative and lead the way in solving this problem. This unfortunately, may never happen, and piracy will continue to be a problem that plagues the business world. How to cite Intellectual Property Piracy, Essay examples

Henry V Essay Research Paper email dunlopteleplexnettitle free essay sample

Henry V Essay, Research Paper electronic mail: dunlop @ teleplex.nettitle: Henry VA COMPARISON OF OLIVIER S AND BRANAGH S FILM ADAPTATION OF HENRY V The intent of this paper is to compare and contrast two movie versions of William Shakespeare s Henry V. Laurence Olivier s alteration was filmed in 1944. This was his first enterprise at movie directing and Henry V won him an Academy award for distinguished achievement as an histrion, a manufacturer, and a manager. Olivier s purpose was to bring forth an entertaining patriot movie for propaganda intents. We will write a custom essay sample on Henry V Essay Research Paper email dunlopteleplexnettitle or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Kenneth Branagh was besides the manager and star of his version of Henry V. This film gained Branagh international attending. His end was to emphasize the desolation of war. Laurence Olivier s film was produced during World War II. The British authorities gave its permission for Olivier s project because it was to be a loyal movie used for propaganda intents. The aim of the movie was to rouse the memories of the British to a past glorious triumph against a European enemy ( in this instance the Gallic non the Germans ) at the Battle of Agincourt in 1415 ( hypertext transfer protocol: //chomsky.arts.adelaide.edu.au /person/DHart/Films/HenryVOlivier.html ) . Olivier s purpose was to do an entertaining patriot movie that would make trueness to the British state and pride in its civilization and history. The movie was dedicated to the ranger and airborne military personnels of Great Britain. To the rangers and airborne military personnels of Great Britain the spirit of whose ascendants i t has been meekly attempted to recapture in some resulting scenes, this movie is dedicated ( Henry V, Olivier ) Olivier omitted about one-quarter of Shakespeare s drama in order to stress the conflict of Agincourt. The conflict was non realistic. There was no blood or enduring shown. The twenty-four hours was cheery and bright. The scenery was non really realistic either. It was a beautiful countryside that looked similar to a picture or scenery used for a drama, instead than a film. The conflict scenes showed the British as really brave and elevated war. This was done because Britain was at this clip involved in World War II, and the movie was really popular with the wartime audiences. It ran for 5 months in London and 46 hebdomads on Broadway ( hypertext transfer protocol: //chomsky.arts.adelaide.edu.au/person/DHart/Films/HenryVOlivier. hypertext markup language ) . Contrary to Olivier s end to laud war, Kenneth Branagh wanted to demo the desolation of war. In Branagh s movie, the Battle at Agincourt was really realistic. The conflict was scaring and bloody. It showed many hurt and dead work forces and Equus caballuss. Kenneth Branagh said, All the blood-and-guts was rather calculated. In fact, if eyewitness histories of the Battle of Agincourt are to be believed, we were instead modest in our representation of it. It was really unpleasant, undignified, inelegant abattoir. ( file: ///Ul/win95.lab/Desktop/HenryVBranagh.html ) . Branagh s conflict took topographic point on a dark showery twenty-four hours. The work forces fought in the clay, and the H2O on the land turned ruddy from the blood. His movie was made after the Vietnam War, and some feel the movie could be called anti-war because of its realistic portraiture of the desolation of war. William Shakespeare used war in many of his dramas. He appeared to keep the position that peace made a society soft and effete ( like the Gallic tribunal in Henry V ) and that war was a utile thing at times because it m ade a society tough and healthy. Weak elements were destroyed and the stronger elements were given room to turn and boom ( hypertext transfer protocol: //chronsky.arts.adelaide.edu.au/person/DHart/Films/HenryVOlivier.html ) . This is the position that Laurence Olivier used in his movie. On the other manus, Branagh s position on war was different. In his movie, war was considered sometimes necessary, but all attempt should be made to avoid it because of the desolation it caused. Another characteristic that showed Olivier s movie was done for propaganda intents and besides showed his position on war was the manner he portrayed the Gallic. In his movie the Gallic characters were amusing and slightly feminine. The Gallic King appeared weak and stupid. His eyes were pouching. In one scene, he fainted from fright of the English. At the terminal of the film when King Henry and King Charles met to discourse the footings of peace, Queen Isabel does a batch of the speaking for King Charles. The other Lords of the Gallic tribunal were besides depicted as foolish characters. Before the conflict, one knight had to be lowered on to his Equus caballus by ropes. This showed their folly, and it besides showed that even though the Gallic were to a great extent armed and outnumbered the English, the English conquered them. The Gallic knights sit black Equus caballuss but King Henry of England rode a white Equus caballus which was symbolic of good and evil. Branagh s word picture of the Gallic sovereign and aristocracy was more realistic than Olivier s and non amusing. In this film, King Charles appeared disquieted and concerned and Queen Isabel does non look. Branagh does demo patriotism because he portrays the English as much braver and smarter than the Gallic and more willing to do great forfeits for their state. Olivier s movie began as a phase presentation in Shakespearian clip with an audience and bit by bit developed into a film. Throughout the film much of the scenery looked more like scenery used in a drama. In the gap scene, where the bishops were seeking to warrant Henry V s right to assail France, it was really amusing. On the other manus, Kenneth Branagh s movie was a more realistic serious version with flashbacks of the yesteryear. The same scene with the bishops was really solemn.Olivier left out the scenes about offenses against humanity committed by the English. Branagh reinstated these scenes. His film included the exe cuting of King Henry s friend Bardolph for his war offense of robbing a church. It besides had the dismissal of three of King Henry s friends for confederacy and lese majesty. Branagh besides showed war offenses of stealing from the dead committed by the English on the battleground. Olivier besides left out the barbaric menace made to the governor of Harfleur by King Henry and the violent behaviour Henry displayed before his war cabinet.Both Olivier and Branagh depicted King Henry as a brave and sensitive soldier. They both saw the King as baronial but besides as a scheming politician. He used the clergy to warrant his invasion of France. He claims to worry about the demands of his work forces, but he entered the war for some personal aspiration. His courage and love for his work forces are shown in his moving addresss. His soft side is besides shown when he tries to carry Princess Katherine to love him. Branagh truly captured King Henry s sensitive and caring personality when the d og-tired King carried the dead male child to his grave. There were many similarities in the composing of Olivier s and Branagh s version of Shakespeare s drama Henry V, but there were besides differences. Branagh s version would likely appeal more to modern audiences than Olivier s because it was a more realistic word picture. The costumes and pageantry were much more luxuriant in Olivier s movie. Both managers utilized patriotism in their movies. In both movies, King Henry s address to his work forces before the conflict of Agincourt would stir utmost trueness, pride, and bravery in the English. In Branagh s version, the scene after the conflict where the King carried the dead male child to his grave and the vocalizing of Non Nobis which claimed God was on Henry s side, showed the horror of war, but it besides created a strong feeling of pride in the King and the state of England. Olivier displays the English flag more than Branagh, and at the terminal of his movie when Henry and K atherine marry, he shows the English and Gallic symbols unifying. Both Laurence Olivier and Kenneth Branagh were great Shakespearian histrions and managers. They both used Shakespeare s drama and made movies that attracted audiences of their clip. Bibliographyhttp: //chomsky.arts.adelaide.edu.au/person/DHart/Films/HenryVOlivier.htmlClassic Film Scripts: Henry V by William Shakespeare. Produced and Directed byLaurence Olivier. ( London: Dolby Corporation, 1978 ) . file: ///Ul/win95.lab/Desktop/HenryvBranagh.html