Multiplier-accelerator models Essay Example | Topics and Well Written Essays - 500 words

Multiplier-accelerator models - Essay Example Keynes argued that level of output will increase due to multiplier relationship between output and autonomous consumption. (Hartley, J. et al. 1998). Change in output due to change in investment can be described in following manner: The Accelerator model is based upon the assumption if current economic activity increases, it will allow entrepreneurs to expand productive capacity by investing into additional capital stock . The Acceleration principle also outlines that there will be an increase in the output level with the increase in investment and there will be an additional investment when output increases. The above relationship suggests that consumption comprises of overall autonomous consumption and the propensity to consume with respect to the past income of an individual. Samuelson’s model therefore outlines different parametric conditions under which economy can move and as such economic cycles can occur. Samuelsson’s model is considered as incomplete as a theory of regular cycles because of its inability to predict regular business cycles however, it is still considered as one of the key advances in macroeconomic theory. Lloyd Metzler’s model was based upon his famous Inventory Cycle principle and suggested that the precise inventory policy as chosen by the producers might have an impact on the economic cycles. This model outlines that the change in output is a relationship between the consumption and investment and investment comprises of the investments made in inventory considering capital stock as constant. (SÃ ¸rensen, and Whitta-Jacobsen, 2010). Hicksian Model was also another attempt to understand the business cycles and how consumption and investment actually have an impact on the income level. Hicks assumed that the consumption is the function of past income while investor attempts to maintain a stock of capital in relation with the income. The combination of income and consumption therefore can generate oscillation in income or

The History and General Overview of Gay Marriages Research Paper

The History and General Overview of Gay Marriages - Research Paper Example Thirty eight states in the US have adopted provisions that prohibit same sex marriage. This is achievable through the adoption of the â€Å"defense of marriage† provisions in the US constitutions. Universally, marriage means a legal union between a man and woman. The couples become husband and wife in the institution of marriage. There are various states known to ban same sex marriages and gender (Samar 54). In the twenty states of US, they have placed this language when it comes to their state constitutions. An additional ten states have legislative language that adopts the restrictive language. This does not include Washington and Maryland as of this year (2012) they adopted laws that allowed same sex marriages. Currently, there are also six states and the District of Columbia permits marriage by persons of the same sex. The highest courts in Massachusetts, Connecticut and Iowa ruled that the state's constitution did recommend same sex partners to be accorded similar rights as the opposite sex. In DC, New York, Vermont, and New Hampshire, their legislative organs have passed legislative changes to allow same sex marriage (Samar 55). The above mentioned states perform same sex marriages. ... Marriage in different states is a secular activity, and the government should not start making laws just because religion demands (Samar 55). Marital Benefit Gay couples deserve to enjoy the benefits other married couples do enjoy. Such benefits will include shared ownership and having the decision making capacity. Marriage is more than just a legal status. The legal status is instrumental in regards to the subject of tax, ownership of property, benefits from the insurance, and agency laws. It can also affect serious medical decisions (Samar 55). Medical decision includes instances of personal incapacitation or surgery. Gay Marriage as a Lifestyle In the today world, homosexuality has become a situation that is acceptable, and there is biological evidence that one been gay is in their DNA. Homosexuality been seen as a deviant sexual behavior for a long time. There are history books and psychological research that supports these allegations. The term lesbian originates from a Greek is land Lesbos (Samar 55). At the same time, there are biological reasons to support homosexuality and the issues of it been genetic are yet to be fully proved. Discrimination of Minorities The foundation of America embraces majority rule, however, a greater deal of protecting the rights of minorities. The Bill of Rights supports the need to protect the rights of minorities, anti slavery, and protection of the equal amendments (Samar 55). This contributes to the opinion that denying gay couples to be married is the same as denying marriage among Hispanic and Black Couples. Should Gay Marriages be supported (NO)? Religion considers it to be Sin Homosexuality is a cardinal sin among various religions around the globe. The basic or societal morals state that homosexuality and gay marriages are

Marketing Plan for Bio-Mag Bracelets Essay example -- Business Marketi

Marketing Plan for Bio-Mag Bracelets EXECUTIVE SUMMARY The purpose of this analytical report is to provide a marketing plan for Bio-Life Ltd new product, Bio-Mag Bracelet on its magnetic therapy purposes. As health issues are popular concerns of people in Australia and overseas market, it is necessary for Bio-Life Ltd to get into this market as soon as possible. This marketing plan is to review the company’s marketing arrangement for the new product but to also recommend strategic responses to assist Bio-Life Ltd in developing a sustainable operating system. In the following sections, product, Bio-Mag Bracelet will be analysed in depth in the order of firstly, background; secondly, marketing strategies; thirdly, marketing mix included product, price, people, placement and promotion; lastly, SWOT analysis. It is anticipated that the marketing plan we have developed will facilitate the new product, Bio-Mag Bracelet success in the coming years. Marketing strategies of the Bio-Mag Bracelet is based on Segmentation, Targeting and Positioning. Positioning and Segmentation strategies adopted by Bio-Mag Bracelet are quality; styling and pain relief to attract its targeted customers. Besides that, the main purpose of Bio-Mag Bracelet is natural healing without drugs in pain relief, increase blood circulation and reduces inflammation and speeded up recovery rate from injuries. The targeted consumers of the product are middle and upper classes, which need natural healing and health care. Differentiation is also an important strategy. Bio-Mag Bracelet differentiated from competitors with the additional features of one size fits all. As the product will be finished by 9ct gold and stainless steel, the retail price of it is in a higher range. It is also contain a 2000 Gauss / 200 mTesla special Rare Earth magnets. The location of the retailing will be mainly in big shopping malls or more prestigious and well known area. Placement includes elements such as channels, coverage, assortments, locations, inventory and transport of the product. The S.W.O.T is to analysis Strengths, Weaknesses, Opportunities and Threats of the product’s marketing plan. Background As technology advances, the environment has also start to become more and more demanding and competitive with each and every individuals’ pace life always on the inc... ...ing up sales. Nevertheless, Bio-Mag Bracelet also faced great competition from other health products such as massage machine and so forth; which there are many different health products in the market. BIBLIOGRAPHY Barrett S., 2001 ‘magnet therapy’ available online at http://www.helhetsdoktorn.nu/magnet.htm Cralle, R. (1997). Therionresearch.com: Magnetic Therapy. http://www.therionresearch.com/learning_center_articles.html (Accessed 18th May 2005). Kotler, P. (2003) Marketing Management. Pearson Education, Inc., New Jersey, United States. No Author. (2005) Stuck On You: Magnetic Therapy Supplier. http://www.stuckonyou.com (Accessed 15th May 2005). No Author. No Date. Magnetic Therapy History. http://www.discovermagnetics.com/faq2.html (Accessed 18th May 2005). No Author. No Date. The Scientific Basis For Magnet Therapy Analytical Research Report. http://www.itembioenergy.com/infocenter/ScientificBasisMagnetTherapy.pdf (Accessed 18th May 2005). Competitors’ Company’s Website: - Magnet-EZe: http://magnet-eze.com.au Australian Magnet Therapy: http://www.australianmagnettherapy.com Bio-Magnetic Therapy: http://www.biomagnetictherapy.net

Geo homework Essay

1.How does carbonic acid form? When carbon dioxide dissolves in water. 2.What is meant by dissolution? Removal of bedrock through chemical action of water. 3.What kinds of rocks are most susceptible to solution processes and why? Limestone and dolomite because the water dissolves the rock. 4.What is the importance of jointing and bedding planes to the underground structure of caverns? There are more caverns where joints and bedding planes are. 5.Describe and explain the formation of speleothems such as stalactites, stalagmites, and columns. Formed by precipitated deposits if minerals on the wall, floor, or roof of a cave. 6.In what kinds of rocks does karst topography usually develop? In easily decomposed rocks such as limestone. 7.Explain how a sinkhole is formed. When land underneath erodes and there is a depression formed. 8.Describe the formation of a collapse sinkhole and an uvala. 9.Describe the characteristics of tower karst. 10.What is a swallow hole? A disappearing stream? 11.Why is there a scarcity of surface drainage in karst areas? 12.What is hydrothermal activity? 13.What are the differences between a hot spring, a geyser, and a fumarole? What causes these differences? 14.Briefly explain the eruption sequence of a typical geyser. 1. Which is more important for weathering action of underground water, mechanical or chemical weathering? 2. How does the underground structure of the bedrock influence the dissolution process? 3. How is it possible for percolating groundwater to both remove mineral material and deposit it? 4. How can groundwater pumping by people lead to sinkhole formation? 5. What three conditions are necessary for hydrothermal features to develop? 6. What is the importance of jointing and bedding planes to the development of hot springs and geysers? 7. Why don’t most geysers erupt at regular intervals? 8. The 1912 eruption of Mount Katmai in Alaska buried a nearby river valley beneath a thick layer of volcanic ash. Today the area is called the valley of 10,000 smokes. What do you think this name refers to?

Work and Adolescence in the Middle Ages

Few medieval teenagers enjoyed a formal education as it was rare in the Middle Ages. As a result, not all adolescents went to school, and even those who did were not wholly consumed by learning. Many teens worked, and just about all of them played.   Working at Home Teens in peasant families were most likely to work instead of attending school. Offspring could be an integral part of a peasant familys income as productive workers contributing to the farming operation. As a paid servant in another household, frequently in another town, an adolescent could either contribute to the total income or simply cease using the family resources, thereby increasing the overall economic standing of those he left behind. In the peasant household, children provided valuable assistance to the family as early as age five or six. This assistance took the form of simple chores and did not take up a great deal of the childs time. Such chores included fetching water, herding geese, sheep or goats, gathering fruit, nuts, or firewood, walking and watering horses, and fishing. Older children were often enlisted to care for or at least watch over their younger siblings. At the house, girls would help their mothers with tending a vegetable or herb garden, making or mending clothes, churning butter, brewing beer and performing simple tasks to help with the cooking. In the fields, a boy no younger than 9-years-old and usually 12 years or older, might assist his father by goading the ox while his father handled the plow. As children reached their teens, they might continue to perform these chores unless younger siblings were there to do them, and they would most definitely increase their workloads with more demanding tasks. Yet the most difficult of tasks were reserved for those with the most experience; handling a scythe, for example, was something that took great skill and care, and it was unlikely for an adolescent to be given the responsibility of using it during the most pressing times of harvest. Work for teenagers was not limited to within the family; rather, it was fairly common for a teen to find work as a servant in another household. Service Work In all but the poorest medieval households, it would not be surprising to find a servant of one variety or another. Service could mean part-time work, day labor, or working and living under the roof of an employer. The type of work that occupied a servants time was no less variable: there were shop servants, craft assistants, laborers in agriculture and manufacturing, and, of course, household servants of every stripe. Although some individuals took on the role of servant for life, service was frequently a temporary stage in the life of an adolescent. These years of  labor—often spent in another familys home—gave teenagers the chance to save up some money, acquire skills, make social and business connections, and absorb a general understanding of the way society conducted itself, all in preparation for entry into that society as an adult. A child might possibly enter service as young as age seven,  but most employers sought older children to hire for their advanced skills and responsibility. It was far more common for children to take up positions as servants at age ten or twelve. The amount of work carried out by younger servants was necessarily limited; pre-adolescents are rarely if ever suited to heavy lifting or to tasks that require fine manual dexterity. An employer who took on a seven-year-old servant would expect the child to take some time learning his tasks, and he would probably start with very simple chores. Common Occupations Employed in a household, boys might become grooms, valets, or porters, girls could be housemaids, nurses, or scullery maids, and children of either gender could work in the kitchens. With a little training young men and women might assist at skilled trades, including  silk making, weaving, metalworking, brewing, or winemaking. In  villages,  they could acquire skills involving clothmaking, milling,  baking, and blacksmithing as well as help in the fields or household. By far, the majority of servants in town and countryside came from poorer families. The same network of friends, family and business associates that provided apprentices also yielded workers. And, much like apprentices, servants sometimes had to post bonds so that prospective employers might take them on, assuring their new bosses they would not leave before the agreed-upon term of service was up. Hierarchies and Relationships There were also servants of nobler origins, particularly those who served as valets, ladies maids, and other confidential assistants in illustrious households. Such individuals might be temporary adolescent employees from the same class as their employers or long-term servants from the gentry or urban middle class. They might even have been educated at a University before taking up their posts. By the 15th century, several advice manuals for such esteemed servants were in circulation in London and other large towns,  and not only noblemen but high city officials and wealthy merchants would seek to hire individuals who could perform delicate duties with tact and finesse. It was not unusual for a servants brothers and sisters to find work in the same household. When an older sibling moved on from service, his younger sibling might take his place, or perhaps theyd be employed simultaneously at different jobs. It was also not uncommon for servants to work for family members: for example, a childless man of prosperity in a town or city might employ his country-dwelling brothers or cousins children. This might seem exploitative or high-handed, but it was also a way for a man to give his relatives economic assistance and a good start in life while still allowing them to keep their dignity and pride in accomplishment. Terms of Employment It was  common  procedure to draw up a service contract that would outline the terms of service, including payment,  length  of service, and living arrangements. Some servants saw little legal recourse if they encountered difficulty with their masters, and it was more common for them to suffer their lot or run away rather than turn to the courts for redress. Yet court records show this was not always the case: masters and servants both brought their conflicts to legal authorities for resolution on a regular basis. Household servants almost always lived with their employers, and to deny housing after having promised it was considered a disgrace. Living together in such close quarters could result in terrible abuse or close bonds of loyalty. In fact, masters and servants of close rank and age were known to form lifelong bonds of friendship during the term of service. On the other hand, it was not unknown for masters to take advantage of their servants, particularly teenage girls in their employ. The relationship of most teenage servants to their masters fell somewhere in between fear and adulation. They did the work that was asked of them, were fed, clothed, sheltered and paid, and during their free time sought out ways to relax and have fun. Recreation A common misconception about the Middle Ages is that life was dreary and dull, and none but the nobility ever enjoyed any leisure or recreational activities. And, of course, life was indeed hard compared to our comfortable modern existence. But all was not darkness and drudgery. From peasants to  townsfolk  to gentry, people of the Middle Ages knew how to have fun, and teens were certainly no exception. A teenager might spend a large part of each day working or studying but, in most cases, he would still have a little time for recreation in the evenings. Hed have still more free time on holidays such as Saints Days, which were fairly frequent. Such liberty might be spent alone, but it was more likely to be an opportunity for him to socialize with coworkers, fellow students, fellow apprentices, family or friends. For some teenagers, childhood games that occupied the younger years such as marbles and shuttlecocks evolved into more sophisticated or strenuous pastimes like bowls and tennis. Adolescents engaged in more dangerous wrestling matches than the playful contests theyd attempted as children, and they played some very rough sports like football—variations that were precursors to todays rugby and soccer. Horseracing was fairly popular on the outskirts of London, and younger teens and pre-teens were frequently jockeys due to their lighter weight. Mock battles among the lower classes were frowned upon by authorities, for fighting rightfully belonged to the nobility, and violence and misconduct could ensue if youths learned how to use swords.  However,  archery  was encouraged in England due to its significant role in what has come to be called the  Hundred Years War. Recreation such as falconry and hunting were usually limited to the upper classes, primarily due to the cost of such pastimes. Furthermore,  forests, where sporting game might be found, were almost exclusively the province of the nobility, and peasants found hunting there—which they usually did for food rather than sport—would be fined. Games of Strategy and Gambling Archaeologists have discovered among castle remains intricately carved sets of chess and tables (a precursor to backgammon),  hinting at some popularity of board games among the noble classes. There is no doubt that peasants would be unlikely at best to acquire such costly trifles. While it is possible that less expensive or home-made versions could have been enjoyed by the middle and lower classes, none have yet been found to support such a theory; and the leisure time required to master such skills would have been prohibited by the lifestyles of all but the wealthiest folk. However, other games such as  merrills, which required only three pieces per player and a rough three-by-three board, could easily have been enjoyed by anyone willing to spend a few moments collecting stones and roughing out a crude gaming area. One pastime that was definitely enjoyed by city teens was dicing. Long before the Middle Ages, carved cube dice had evolved to replace the original game of rolling bones, but bones were occasionally still used. Rules varied from era to era, region to region and even from game to game, but as a game of pure chance (when honestly played), dicing was a popular basis for gambling. This prompted some cities and towns to pass legislation against the activity. Teens who engaged in gambling were likely to indulge in other unsavory activities that could result in violence, and riots were far from unknown. In hopes of heading off such incidents, city fathers, recognizing the need of adolescents to find release for their youthful exuberance, declared certain saints  days  occasions for great festivals. The celebrations that ensued were opportunities for people of all ages to enjoy public spectacles ranging from morality plays to bear-baiting as well as contests of skill,  feasting, and processions. Sources: Hanawalt, Barbara,  Growing Up in Medieval London  (Oxford University Press, 1993).Reeves, Compton,  Pleasures  Ã‚  (Oxford University Press, 1995).and Pastimes in Medieval England

The Bluest Eye-Theme of Vision - 1553 Words

Toni Morrison’s highly acclaimed debut work, The Bluest Eye, is one of unquestionable beauty and intricately woven prose. As a fictional writer, Morrison avails herself of her literary faculties, using her mastery of description in order to convey an unusually lucid picture to the reader. The five senses seem to envelop a great deal of description in the novel, most notably that of sight. As has been discovered by virtue of studying the brain’s neural and cognitive machinery, vision occupies large regions of the brain. Although in a more abstract sense, vision’s disproportionate influence on the narrative and the story’s characters is greatly manifested in The Bluest Eye. One powerful way in which vision dictates many aspects of the novel†¦show more content†¦Many characters in the novel, most frequently, Pecola, express feelings of being disregarded and invisible when interacting or in the vicinity of white people. In the passage about the Breedl ove’s living situation, they are described as living in â€Å"anonymous† misery. The fact that they paradoxically live in anonymity despite being exposed to passersby on the street, introduces this prevailing theme. Conceivably one of the most memorable scenes that addresses this subject is when Mrs. Breedlove recounts giving birth. In referring to the doctors, she says, â€Å"They never said nothing to me. Only one looked at me. Looked at my face, I mean. I looked right back at him. He dropped his eyes and turned red. He knowed, I reckon, that maybe I weren’t no horse foaling† (125). By refusing to make eye contact with her and acknowledge her, the doctors, in a way, dehumanize her. She sees them, but they do not see her. They treat her as though she is an animal, rather than a sentient human being, and although uneducated, Mrs. Breedlove is perceptive enough to notice this. She believes that if they were to lock eyes with her, they would realize something unpleasant: that she is no different from the white patients. With regard to invisibility, the early scene with Pecola in the candy shop also seems to be particularly telling. In speaking of Mr. Yacobowski, it says, â€Å"†¦he senses that he need not waste the effort of a glance. He does notShow MoreRelatedEssay Sexual Content in the Bluest Eye756 Words   |  4 Pages The novel The Bluest Eye written by Toni Morrison is subjected on a young girl, Pecola Breedlove and her experiences growing up in a poor black family. The life depicted is one of poverty, ridicule, and dissatisfaction of self. Pecola feels ugly because of her social status as a poor young black girl and longs to have blue eyes, the pinnacle of beauty and worth. 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Which Country Has Successfully Implemented the Policy of...

IMPLEMENTING AFFIRMATIVE ACTION IN NAMIBIA A summarised guide to the Affirmative Action (Employment) Act (Act 29 of 1998) published and distributed by Namibia Institute for Democracy Updated 3rd Edition  © April 2000 All rights reserved Contents by Dr.J.W.F. van Rooyen NAMIBIA INSTITUTE FOR DEMOCRACY Namibia Institute for Democracy 53 Independence Avenue P.O. Box 11956, Windhoek, Namibia Tel: (061) 229117/8 Fax: (061) 229119 E-mail: nid@mweb.com.na http://www/iwwn.com.na/nid 1 FOREWORD The writers of the Namibian Constitution perceived a need for affirmative action as a necessary condition for bringing about change in a previously discriminatory society. Therefore Article 23(2) addresses the issue of†¦show more content†¦The Institute has grasped the opportunity to update and revise the booklet to reflect recent developments in the area and to make the publication even more relevant to its purpose than before. In this regard the NID again wishes to acknowledge the kind assistance and inputs of various organisations and individuals. A special word of appreciation is due to the Employment Equity Commissioner, Mr V.T. Usiku; the Permanent Secretary of the Ministry of Labour, Mr C. Schlettwein; the Secretary-General of the Namibian Employers Federation (NEF), Mr C. Truebody; the Chief Researcher of the National Union of Namibian Workers (NUNW), Mr H. Jauch; EEC employer representative, Mrs E. Fahl; and Namibia Chamber of Commerce and Industry (NCCI) spokesperson, Mr P.van Wyk. We also wish to acknowledge the kind financial assistance of the Konrad-Adenauer-Stiftung in support of the project. This booklet is dedicated to all employers and employees engaged in productive pursuit to promote the economy and social development of this country. May it contribute, in whatever small yet meaningful manner, to assist the social partners in achieving lasting equity and harmony at the workplace. 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[pic] Mandeep Maitra, country head-HR corporate services (admin, infrastructure CSR), HDFC Bank Ltd â€Å"Like everyone else, I had the same apprehensions, the same concerns about being accepted, heard and majorly, about work-life balance.† I was all set out to be a â€Å"shrink†Ã¢â‚¬ ¦Ã‚  Ã‚  Read MoreFundamentals of Hrm263904 Words   |  1056 PagesWORKPLACE ISSUES: We Are Now Entering the Blogosphere 10 Workforce Diversity 10 The Workforce Today 10 DID YOU KNOW?: Chief Diversity Officer 11 How Diversity Affects HRM 11 WORKPLACE ISSUES: Diversity Awareness 12 What Is a Work/Life Balance? 12 DID YOU KNOW?: Looking at the Future of HRM 13 DID YOU KNOW?: International Diversity 14 The Labor Supply 14 Do We Have a Shortage of Skilled Labor? 14 Why Do Organizations Lay Off Employees during Shortages? 15 How Do Organizations Balance Labor Supply? 15Read MoreOverview of Hrm93778 Words   |  376 Pagesimportant thing you will get out of this course are the basic skills required to succeed in today’s environment which are, you must be able to communicate, think creatively, plan effectively and deal with people. Copyright  © Virtual University of Pakistan 1 Human Resource Management (MGT501) INTRODUCTION TO HRM After studying this chapter, students should be able to understand the following: Describe HRM? Explain why are we concerned about HRM? Discuss Road-map of HRM VU Lesson 1 LESSONRead MoreHuman Resources Management150900 Words   |  604 Pagesthe seven major categories of HR activities. Identify the three different roles of HR management. Discuss the three dimensions associated with HR management as a strategic business contributor. Explain why HR professionals and operating managers must view HR management as an interface. Discuss why ethical issues and professionalism affect HR management as a career field. ââ€"  ââ€"  ââ€"  ââ€"  ââ€"  3 HR TRANSITIONS HR Management Contributes to Organizational Success More effective managementRead MoreStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 Pagesrights reserved. This copyright covers material written expressly for this volume by the editor/s as well as the compilation itself. It does not cover the individual selections herein that first appeared elsewhere. ii Permission to reprint these has been obtained by Pearson Custom Publishing for this edition only. Further reproduction by any means, electronic or mechanical, including photocopying and recording, or by any information storage or retrieval system, must be arranged with the individualRead MoreLibrary Management204752 Words   |  820 PagesLibrary and Information Center Management Recent Titles in Library and Information Science Text Series Library and Information Center Management, Sixth Edition Robert D. Stueart and Barbara B. Moran United States Government Information: Policies and Sources Peter Hernon, Harold C. Relyea, Robert E. Dugan, and Joan F. Cheverie Library Information Systems: From Library Automation to Distributed Information Access Solutions Thomas R. 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