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A Picture is Worth A Thousand Words

A picture is worth a thousand words means a single still image can be used to portray complex idea.The following chart shows the housing prices in the United States. This chart assumes that the aim should be to get house prices rising again. The ...

A Report on Net Export Component of Aggregate Expenditures on Manitoba Macroeconomy

Introduction The Canadian province of Manitoba has an economy that largely depends on exports. As such, the region gets affected by economic factors that may arise both internally and externally. In the ten years prior to 2011, Manitoba’s ...

Agriculture in America

The modern method of raw food production can largely be attributed to the rapid growth of the fast food industry since the 1950s. Since that time, the overall production of food has changed compared to the several thousand years prior to it. Today, ...

Argentinean Inflation

Introduction In March 2011, the inflation rate in Argentina was reported to be at 9.7 percent. But over the years, from 1944 to 2010, the average rate of inflation in Argentina was 215.46 percent. In March 1990, it reached a historical high of ...

Bank of America

Banks in the United States started losing customers in the blink of an eye, according to the Wall Street Journal, millions of customers opted to join credit unions and open account through the unions rather than through the bigger banks. The journal ...

Bankruptcy

a) Scatter graph of total bankruptcyThe total bancruptcy has increased over the period. There was brightened financial picture of the households after 1980, and this soared the future prospects of the consumers. This reflected a strong economic ...

Bedfordshire County

Bedfordshire County is one of the counties in England, which have been nominated to host teams in the build up to 2012 London Olympic and Paralympics games. This county's excellent sporting facilities were a key consideration to having it chosen to ...

Brazil

Brazil's unemployment rate stands at 6.4 per cent. Labor force termed as those working added to those not working. That of USA is reported at 8.8 per cent as of today. Comparing both rates it is evident that Brazil is better off since it has ...

Central Banks

Central banks have the mandate to preside over monetary policies. They may think of exchanging their foreign receipts with local currency. They have limited ability to hold or use foreign exchange in their various processes (Goodhart and Charles ...

China's Political and Economic Status

The following debates were set to unfold the issue of China’s political and economic status, which now continues to be the central question discussed on the world stage. Four outstanding politicians Niall Ferguson, David Daokui Li, Henry ...

Classic Airlines and Marketing

Classic airlines and Marketing- a popular airline company with that possess 375 jets, serving more than 240 cities encountered a reduction in customer faithfulness that begun in the year 2005 and goes on to damage reputation and success of the ...

Coflict, Security and Development

Role Played by NGO’s in the Conflict between Israel and Palestine The role of non-governmental organizations in most warring countries is to advocate for peace and adherence to human rights when dealing with war prisoners and the society at ...

Contributions of Adam Smith

Adam Smith (1723-1790), was a Scottish philosopher and economist. He was born in a small village called kirkcaldy where his widowed mother raised him. At age fourteen, he joined the University of Glasgow after getting a scholarship. He later on ...

Corporate Sustainability Development

Racing plays a crucial responsibility in the State of Queensland civilization. It also plays a crucial role in the economy of the state. The Racing Science Centre is at the centre of integrity as much as the Queensland racing industry is concerned ...

Decision of Consumer

In recent times, there has been a sudden increase in demand for Apple phones or ipads in Australia. This is because of their ability to perform many tasks as compared to other regular phones or pads by other companies. The ipads are found in many ...

Economic Effects of Immigration

Immigration is claimed to be one of the most contentious issues faced by the European Union. Much has been written and said about the effects of immigrants from overseas on the economy and labor in the EU. Difficulties in the economic situation ...

Economic Report

1.0  Introduction In this economic report, we are going to review McDonald. McDonald is in restaurants and more precisely in fast food industry. The aim of the report to identify key competitors of the McDonald and show the strategies the ...

Perfectly Competitive Firm

Marijis & Hulleman (2008) affirm that in a perfectly competitive market, there exist firms that compete perfectly making it not possible for one firm to control the price of the commodities. The features of the market are that the price of the ...

Economics

Every country gauges the performance of its economy by calculating its national income. The national income accounts are therefore used by countries as a source of information on the economy performance. The concept of national income was developed ...

Economics in the 21st Century

Economics is a social science that involves studying the way in which people make choices about allocation of scarce resources (Wessels, 2006). Scarce resources may include land, equipment, time, energy and the knowledge needed to transform them ...

Economics Systems of Capitalist

There are several economic systems, which include capitalism, socialism, and communism. Capitalism is a form of the economic system based on the will of the owner to exchange his property on the market. Communism is whereby the owners own the means ...

Employment-at-Will

Employment-at-will refers to the termination of an employee at any given moment without any reason. It also refers to employees quitting their employment without reason. Employers are not supposed to give notice of termination to an at-will ...

Equilibrium Unemployment

Riley (2006) explains that Equilibrium unemployment rate is described as unemployment's natural rate, that is, the rate of unemployment in which real wages meets their free market level other than aggregate labour supply balancing with aggregate ...

EU Airline Industry

Introduction Air transport in Europe started in early 19 Century. Initially most of the airlines served domestic countries in the E.U region. Due to rapid development trends, it raised the need for a convenient and fast mode of transport. This ...

Exploring the 1960s

The 1960s were years of turmoil and rapid change in the US. The decade was marked with a lot of social changes like granting of the civil rights, women rights and an explosion of liberalism. It was also a time when the cold war fears were at their ...

FDI in Poland

Today I was in a meeting at International Corporate Finance Class where some members presented an article that is worth noting. The article numbered 07 had a title “FDI in Poland.”The main idea that the group derived from the article is ...

FDIC Takes Banks Back

In economics, Systemic risk refers to the phenomenon that is characterized by a risk that an effect in the financial system in turn results in adverse economic impact that may lead to economic slowdown and in some cases losses or shutdown of ...

Financial Questions

Financial markets can be described as a means through which individuals and organizations buy and sell pecuniary securities, such as bonds and stocks, and precious metals among other valuable commodities at low transaction charges (Focardi & ...

Financial Reform in the United States

United States requires an urgent need for financial reforms which should aim at reforming and modernizing its financial sector which has drastically deteriorated in a couple of decades especially on the financial markets. This has occurred since the ...

Fiscal Policy

Fiscal policy is a monetary term which refers to the use of government's revenue and expenditure in order to influence the economic trend in a country. Fiscal policies can either have a positive or a negative impact to the economy. In the politics ...

Fiscal Policy and Presidential Elections

Fiscal policy refers to government tax and spending changes made to improve economic performance (Brux, 2007). These changes can be used to generate more jobs and an economic expansion during recession. Government tax and spending changes can also ...

Flat Taxation

A flat tax system is a tax system that charges a constant tax rate to all income above the personal allowance. This system ensures that above a certain level, everyone remits an equal proportion of their total earnings in spite of how much it is. It ...

FOMC Statement on July 23, 2010

The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve System that is responsible for the open market operations. FOMC consists of twelve members which include the "seven members of the Board of Governors of the Federal Reserve ...

France and South Africa

Demography can be defined as the study of human population. It involves taking statistics on their size, distributions and structures plus how they change due to birth, deaths, aging and migration of persons. Here we investigate the demographic ...

Gaylord Opryland Hotel

In the recent past there have been numerous natural disasters that have wrecked havoc in many parts of the world. The effects of these disasters have been felt mostly on social and economic level since it has taken the government and the private ...

GDP Trends Past Three Years

The gross domestic product is a measure of the total transactions of a country. In United States it is featured in the National income and product accounts NIPAS which are produced by the Bureau of Economic Analysis which give information on the ...

Government Business and Society

In this chapter Robert Reich outlines the path taken for the economy to reach Supercapitalism. He argues that the state of Supercapitalism begun with the technologies that were used during the cold war. Therefore the capability to manufacture ...

Growth Industry/Market Selection

Introduction As the executive of iPad, being strategically positioned is the major opportunity of the company to take part in leading the world to the technological innovations. This entails the widening up of the industry access to the diverse ...

Healthcare Economics

Over the past years, healthcare expenditures continued to upsurge in the hospice care sector. There are numerous cases of funds wasting or misappropriated finances in the industry discussed. However, the issue can be tackled with the help of the ...

Heartland Data Breach

Before any financial institution begins to serve the public, the management always ensures that there is adequate internal and external security. Nevertheless there are some situations where there is the breach of the security at the institution or ...

How Shipments Affect Retail Stores

Executive summary Shipment is the process of making freights of goods from one destination to another for the purpose of selling them. Primary in this case, the review of this topic," how shipments affect retail stores", we intend to consider ...

How Slavery Built America

The US economy is one of the most admired economies in the world. The slave labor is one of the main contributions to this economy. History books have omitted the accomplishments and contribution of slavery in building the US economy and politics. ...

Independent Federal Reserve

The United States congress passed the Federal Reserve Act about a century ago just after a two central banks attempt was not successful (Clifford 8). The act dictated that the country create a federal reserve system to endow an elastic currency. ...

Influential and Important Economists: Adam Smith

There have been several influential and important economists in the past that shaped the market of today with their foresight and theories. Today’s market economy induced society, which is based on the free market system, and Adam Smith was ...

International Forces

No state exists in complete isolation. Each state is subject to international forces. These forces include other states through regional blocks, international bodies like the United Nations and economic forces like the recession that recently hit ...

International Trade

Article 1 "Ripples? Yes. Waves? Maybe." By Jeff Sommer. The author Mr. Sommer highlights on how the instability of a country affects the other countries within its territorial boundaries and the further Diaspora of the country (Sommer, 2011). This ...

Interpreting Macroeconomic Conditions

In the analysis of the presented data, the income is increasing. Holding all factors constant it is assumed that, national output is equal to national expenditure which is also equal to national income. It is also held that a macroeconomic model has ...

Chinese Government

In the recent past and even at the present time there have been expressions of concern especially from the United States and other world economies that the yuan has been seriously undervalued. The value of the Chinese yuan has brought on board many ...

Knowledge Economy

In the past years, labor and capital were the core factors in play when it came to production. During this industrial era, human labor was not used so much and in its place were the machines which were used to create wealth. However, this has slowly ...

Korea's Trade Pattern using Gravity Model

The gravity model derived from the physics field is used in international trade theory as a tool to justify that the flows of bilateral trade are influenced by GDPs and geographical factors of the countries of interest. Thus, the assumptions taken ...

Labor Market and Its Diversity

The diversity of labor work and employment is one of the key policy issues for the new millennium. The study of the labor market across the past hundred years reveals enormous progress and also that history repeats itself and has come full circle in ...

Latin America Financial Crisis

Mexico suffered a debt crisis after borrowing funds from foreign countries to facilitate their industrialization, specifically developing infrastructure. Eventually, the debt exceeded Mexico’s earnings and it could not be repaid. The signs of ...

Lulas Role In The Recent Development of Brazil

Many factors come into play when development is to be realized. Most countries in the world have developed at distinctive rates and in most cases, cultural beliefs and behavior of such a population comes in handy to determine how fast or slow such a ...

Luxury Goods in China

China's top consumer class of the rapid rise of global luxury industry has attracted the attention of a massive market potential for development and a lot of interest, driven by foreign influx of many top brands in China to seize the high luxury ...

Macroeconomic Situation

The microeconomic situation is currently depending on a number of factors some of which include interest rates, housing markets, consumer prices and debts among other factors. According to Chandan (2010), America holds a huge debt that is ...

Macroeconomic Situation in the US

2008 became the turning point in the economic history of the United States and the rest of the world. The failure of the real estate and financial markets caused profound negative impacts on the global system of economic and financial relations. ...

Major Corporation: (Wal-Mart)

Introduction: Wal-Mart is one of the major corporations not just in the US but also globally. It was started in 1945 by Sam Walton and is based in Bentonville, in the US. Today, Wal-Mart is considered to be the world's largest retailer (Fishman, ...

Malaysia Currency Crisis

Malaysia was growing first before 1997 and investor saw the country full of potential opportunities for investments. However, in 1997 the country was hit by the first financial crisis (Mohamad, 2001). The first cause of this crisis is the Thai Baht ...

Market Anomalies

Introduction Anomalies are defined as the observed results that are always conflicting with the maintained theories in asset pricing behavior. The analysis aims at identifying whether the market anomaly is a is as a result of the pricing situation ...

Market Economy

With the transition to a market economy, analysis of financial and economic activities of enterprises is becoming of greater significance. In a highly competitive business environment with the desire to maximize profits, the analysis of financial ...

Meg Whitman at eBay Inc (A)

This is an essay on Meg Whitman at eBay Inc (A). The essay comprises of my opinions and reaction to some questions in the case study. In particular the essay discusses whether Whitman should go through with the deal of acquiring Kruse, how to ...

Memo of Inventory Recommendation

This memo aims at addressing your concern regarding the inability of your business to meet its income tax obligations. The memo advices on the best inventory practice your business should adopt in order to cut down cost on income tax. It provides a ...

Mergers of Large Firms within Oligopolies

Oligopoly refers to a market form whereby an industry is dominated by few numbers of sellers, who in most cases have emerged from merging of two or more industries/companies into one entity (Elmer 1997). Merging is driven by the due urge for cutting ...

Miami

Miami city is known for its sunshine and silky cool beaches to tourists all over the world. Home to several international luxurious hotels, and flourishing concierge and businesses travel services, it is a busting city full of life both day and ...

Microeconomics and Macroeconomics

Microeconomics Microeconomics is the branch of economics that study the behavior of small business units. It analyzes the markets  forces of supply and demand ,consumer behavior and their effect on prices of commodities and ...

Module 2 - SLP

A personal financial statement is generally a document showing an individual's cash inflow and out flow. With a clear analysis of how an individual spends his or her money one can be influenced to make major decision in his/her life that will ...

More Sex is Safer Sex

Steven Landsburg in this book tries in the most beautiful way to make economics not only fun but also fascinating. He uses an unusual wit but razor sharp analysis of the many ways that we as individuals, the rational decisions we make can combine to ...

Nanotechnology in the Oil Industry

Nanotechnology is the study of how atoms and molecules of a particular substance can be manipulated for them to produce the desired effect. The technology basically deals with development of materials or structures of devices that possess at least ...

National and International Trade of Oman

Oman is one of the leading trading countries in the Arab world. It trades with various countries in the world; exporting and importing certain products. Currently, Oman has trade links with Asia. One of its leading exports is oil that is exported to ...

Non-Profit Organizations

The literature of nonprofit organization has been discussed in various fields including accounting, political science, human resource management, economics, finance, organizational behavior, sociology etc. The main subject of concern discussed in ...

Oil Prices and Inflation

Introduction The prices of crude oil like the prices of many commodities experience constant wide price swings due to factors affecting demand and supply. The cycle of oil prices extends over several years in response of the demand and supply of oil ...

Oligopolistic Competition

In accordance with Kaleem (2011), the Knickerbockers' theory of oligopolistic competition involves readings, presentation, quizzes and resources. This theory forms part of the next approach to horizontal foreign direct investment (FDI). An oligopoly ...

Opportunity Costs

Opportunity costs are there in all sectors of the economy. The opportunities do exist both in local and international trade. The international trade involves opportunity cost. Economists view it as example of having alternative choices to make ...

Option Strategy: Covered Straddle

Option strategy involves purchase or sale of one or more option positions including an underlying position. Option strategies are able to favor underlying movements that are bearish, bullish or even neutral (McMillan 54-112). Neutral ...

Personal Finance Planning

Many people usually spend the most part of their lives earning money, but the unfortunate part of it is that they rarely take time to plan how efficiently to use their money. That's why a financial plan becomes very important in an individual's ...

Prevention of Future Economic Crisis

The term financial and economic crisis is widely used to refer to the awful situations, where some assets or financial institutions lose a huge part of their value. In both the 19th and the 20th century, many financial institutions were faced by ...

Price Elasticity

Substitutes are described as goods that serve the same purpose; this means that one can be used as an alternative for the other. In this case, corn and soybean substitute each other as a source of food or they can be used for bio-oil production. One ...

Pricy Painting

The price elasticity of demand (PED, ED) is one of the basic notions of economics. It enables us to utilize the supply and demand curve in the analysis of the markets of goods by measuring how the quantity demanded of a good or a service responds to ...

Principles of Finance with Corporate Applications

Emery and Finnerty’s Principles of Finance with corporate applications is a finance text that is well laid out, thus making it easy to read and to understand. This text is divided into two major sections: principles and applications. The ...

Principles of Microeconomics

Introduction Microeconomics is one of the major fields of the social science of economics that reflects on the behavior of firms, individual consumers as well as industries. It studies how people, households and companies make decisions to the ...

“Private Sector Up, Government Down” by David Leonhardt

David Leonhardt discusses the changes that have happened in the last 12 months in the economy of the USA. He compares the situation in the private sector with the situation in government institutions. The author mentions a considerable difference ...

Prohibition in Berks County

In the 20th century there were various aims that were focused on improving the society. It has been considered as a failure for the state. This fact is attributed to many reasons. Workers from various sections of the economy in the county were not ...

Questions

Briefly Explain Following Questions1. Briefly Explain the Idea of Nexus. Why it is an important concept in State and International Taxation? In what way it is similar to Jurisdiction?Nexus means the degree of contact between a taxpayer and a state ...

Real Estate Finance Questions

2000/(1+0.0725)1 2300/(1+0.0775)3 2500/(1+0.0825)5 NVP= $8689.4- Initial investment

Real Gross Domestic Product

Gross domestic product refers to the value of the goods and services that are produced by a country over a given period of time which is usually one year (Mankiw 2008:510). The value must be the market value of the goods and services a country ...

Revenue Recognition Principle

eBay recognizes revenue when four criteria are met namely; services have already been rendered, convincing evidence of an arrangement exist, collectability is reasonably assured, and selling price can be determined or is fixed. GAAP on the other ...

Rise of Dubai

Introduction Dubai is one of the cities also known as emirates of the United Arab Emirates. Today Dubai is a global city that and a hub for businesses. The economy of Dubai has been built on oil and the model at hand of the UAE is like that of the ...

Role of Government in Industrialization

Industrialization considerably contributes to the economic advancement of any state. Notably, governments play a critical role in this evolution. In the past, however, the contribution of a government to the growth of the country has not received ...

Role of State in the Market

The state has presided over the decision-making processes that are business oriented towards economic growth, in a rapid and sustainable way. Formulation of the ideas is infused not only with traditional ideas about the importance of the state in ...

Safety Standards in the Meatpacking Industry

The meat packing industry contributes to the economy of the United States to a great extent because it has offered numerous job opportunities. However, it is classified among the industries that pose a big risk to its employees, in fact majority ...

Snyder's in Brazil

Introduction A simple portfolio argument posits that if a firm’s covariance of sales in multiple nations is imperfect, the spreading of these sales in multiple nations will be tied to more stable overall sales, which is expected to lead to ...

Sourcing and Manufacturing Plan

Any online solutions company has to put in place an infusion of talent and experience as well as relevant resources. It is essential to follow this in order to establish a solid base of technological ability and practical application. In addition, ...

Statement of Income

My task was to answer the following questions: 1.Compute the monthly net income2.Compute the owner's equity3.Decide how much to offer for the business and give reasons.To compute the monthly net income I had to create an income statement (for the ...

Tanzania Tourism

While on a tour in Tanzania, we learnt a lot. Although the tourism industry is still small, the country currently receives about 500,000 tourists every year. In addition, it has about 5,000 hotel rooms or lodge rooms that meet all the international ...

The Cell Phone Industry in Africa

Cell phones are immensely uplifting both economic hope and improving the living standards in Africa. They are to this extent becoming a fourth basic need of an individual. Apart from being a necessity they are the most transformative technology for ...

The Computation of Economic Equilibrium

Given the inverse demand function above with zero costs (fixed and variable), where n is the number of firms. Assume firms engage in Cournot competition. Find the equilibrium price and profits per firm if there are two firms. Repeat for the case of ...

The Concentration Ratio

There is a standard measure of concentration ratio called the four firm ratio concentrations. In cases where the concentration ratio is below forty per cent the industry is said to be monopolistic. Therefore an industry with twenty firms and ...

The Domestic Trade

During 1800 and 1860, there was a remarkable growth, and expansion of the domestic trade of slaves and this was due to various reasons. This part gives an insight as to why slave trade was growing and the combination of factors that led to this ...

The European Union

This paper will look at the European Union being both a political and economic union made up of 27 independent states. These states include: Austria, Belgium and Bulgaria among others. These states are located primarily in Europe. All of the 27 ...

The Federal Reserve

Introduction The Federal Reserve System commonly known as "the Fed" is the central bank of the USA founded in 1913 (Carl, 1990). The Federal Reserve System operates in manner that conducts the monetary policy of the country by influencing credit and ...

The Great Economic Growth of Japan

The postwar economy of Japan grew from the leftovers of an industrial infrastructure which had undergone extensive devastation throughout World War II.When Allied Occupation came to an end in 1952, Japan had a per capita income which was ...

The Growing Importance of ASEAN Countries for Korea

1.0 INTRODUCTION 1.1 Importance of the study ASEAN is an organization formed in 1967, where the Southeast Asian nations signed a declaration of association committing to cooperation of the nations. Their main aim was to accelerate economic growth, ...

The Impact of Oil on the US Economy

The United States has many areas that require the use of oil. Transportation in the U.S highly depends on oil. The factories solely depend on oil for the manufacturing of its products. Production of food, clothes, and cars highly depends on the ...

The Impact of Railroad Expansion on Americans

Industrialization in the United States occurred in two main phases. The first phase that came before the 19th century saw production shift from artisans to factories. The greatest challenge was how products from the factories could be transported ...

The Influence of Engine Size on City Fuel Economy

Introduction The automotive industry has historically designed vehicles based on what can be narrowed down to two features: utility functions and overall efficiency.  First, let’s examine the utility functions as a whole.  Vehicles ...

The Inner Connection Between Productive and Money Capital in Turkey

The crisis in 2000-1 was a turning point in Turkey’s economy. It experienced a fast capital accumulation process, a great transformation towards goods investment and global economy integration. However, these changes were highly dependent on ...

The Investment Opportunity

Introduction Solutions 1. a) Cost of equity The cost of equity will be the expected return determined using the Capital Asset Pricing Model.  It will be calculated as follows:  Expected Return (Jerome shares) = Risk free rate + Beta ...

The Mutual Funds Industry

Background A mutual fund is an investment fund that is managed professionally and is meant to collect money from many proprietors of businesses to buy securities (U.S. Securities Exchange Commission, 2010). The funds are not legally defined, but the ...

The Reaganomic Era

Ronald Reagan's administration was a very controversial one in terms of the issues and the impact that it gave the American economy. It is public knowledge that before Reagan's term, there was an existing severe economic problem such as the ...

The Results of Enslavement throughout USA

The results ofenslavementthroughout USA are not just confined within the construction of the US Capitol, the country’s executive branch, butenslavementalso constructed the highways of economic prosperity.The railwaynetworkin North America was ...

The SunPower Corporation

The SunPower Corporation is being among leading players in the United States’ PV market. As the more residential homeowners and the commercial sectors seeking to embrace the alternative sources of energy, the global market of solar electric ...

Tourism in Toronto

Current Global Economy Impacts on TourismThe economic crisis that affected most nations around the globe from the last quarter of 2007 to the beginning of 2010 did not only affect the financial sectors of the affected nations but also other sectors ...

Trade Imbalance or Balance

Abstract America’s trade imbalance increased since the year 1991 and hit a gross domestic product of about 6% in 2006, but later in 2007 it began to drop and hit a low of 3% in the year 2009. Economists have always questioned whether the ...

Trade Liberalization Schemes

Global liberalization of trade laws has beenpressuretowards many social and economic changes. Theyallowtrade of goods and services across international borders with fewer restrictions (UNCTAD/WTO., 1999). This has been a significant factor in ...

Unemployment Effect on the Economy

This paper examines various effects that are caused by unemployment in a country or the world at large. Its main focus is on how unemployment affects the economy. To address this issue, the paper looks at the definition of unemployment, causes of ...

Video Stores

This essay sets to explore the reasons leading to exit of video stores nationwide from the market. It is evident that a fall in demand is the driving force for the alarming shut down. The main cause of the decline in demand is a change in consumer ...

Wal-Mart Performance

Wal-Mart is one of the major superstores in United States and it has branches in almost all states and Major towns. However, its expansion to smaller cities with an aim of tapping the clientele in such town is being opposed by the public. Wal-Mart ...

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