SUMMARIZED ARTICLE Example | Topics and Well Written Essays - 500 words

Summed up - Article Example The president advised the media that he would not preclude US activity in Iraqi against the Sunni Islamic state army bunch who have spread out towards Baghdad and are taking steps to separate the nation and set up their own jihadist country (Moon1). The stock market’s misfortunes quickened quickly following president Obama’s remarks, with ventures and customer optional parts fronting the decay. The VIX, Wall Street dread meter, extended to eight point three percent to end at 12.56% (Moon1). The Dow Jones Industrial mean dropped 109.69 focuses or 0.65%, to end at 16,734.19. The S&P 500 tumbled 13.78 focuses or 0.71% to 1,930.11 (Moon1). The Nasdaq composite slid 34.30 focuses or 0.79 percent to 4,297.63. The Dow arrived at an intraday low at 16,703.73 while the S&P and the Nasdaq tumbled to a meeting low at 1,925.78 and 4,284.528 separately. Retail deals, in macroeconomic news, rose 0.3 percent in May, and practically a large portion of the development rate that financial experts had anticipated. American’s new cases for joblessness awards rose startlingly in the earlier week (Moon1). In spite of both financial pointers being underneath desires, nor was viewed as sufficiently feeble to change the assessment of bettering monetary states and the market’s late upturn is as yet thought to be flawless. Vitality shares positioned among one of the ongoing barely any gainers. The S&P vitality segment list rose 0.3%. Oil costs hit nine-month highs on worries that strengthened brutality in Iraq could meddle with oil supplies from the key OPEC exporter (Moon1). Significant US Airlines’ shares dropped for the second day continuously as oil costs expanded. American Airline Group Inc, the world’s biggest transporter, slid 4.9 percent to $40.2 while United Continental Holdings Inc slid 5.9 percent to $42.60 (Moon1). One of Nasdaq’s most dynamic stocks, Geron Corporation, flooded 21.2

MACBETH Essays - Characters In Macbeth, Social Philosophy, Sin

MACBETH Macbeth is introduced as a develop man of unquestionably set up character, effective in specific fields of movement and getting a charge out of a lucky notoriety. We should not finish up, there, that every one of his volitions and activities are unsurprising; Macbeth's character, similar to some other man's at a given second, is what is being made out of possibilities also condition, and nobody, not even Macbeth himself, can know all his unnecessary self esteem whose activities are found to be-and no uncertainty have been for quite a while decided for the most part by an unnecessary want for some fleeting or on the other hand variable great. Macbeth is impelled in his lead for the most part by an unreasonable want for common distinctions; his joy lies essentially in purchasing brilliant suppositions from a wide range of individuals. Yet, we should not, consequently, deny him an altogether human intricacy of thought processes. For instance, his battling in Duncan's administration is superb and valiant, and his obvious happiness in it is recognizable in workmanship to the regular delight which goes with the unstable consumption of massive physical vitality and the rapture which follows. He likewise celebrates no question in the achievement which crowns his endeavors in fight - and so on. He may even considered the best possible rationale which ought to invigorate back of his incredible deed: The administration and the reliability I owe, In doing it, pays itself. In any case, while he obliterates the lord's adversaries, such thought processes work in any case, faintly, best case scenario and are darkened in his cognizance by progressively fiery inclinations. In the fundamental, as we have stated, his inclination savagely requests rewards: he battles valiantly all together that he might be accounted for in such terms a valor's crony and Bellona's husband' he esteems achievement since it brings stupendous distinction and new titles and illustrious kindness piled upon him in broad daylight. Presently insofar as these alterable products are by any means similar with his extreme wants - and such is the case, up until he pines for the majesty - Macbeth stays an noteworthy man of honor. He is certainly not a lawbreaker; he has no crook propensities. Be that as it may, when grant his self esteem to request a fulfillment which can't be respectably achieved, and he is prone to get a handle on any offensive way to that end which may be securely utilized. As it were, Macbeth has quite a bit of regular great in him healthy; condition has planned with his inclination to make him upstanding in the entirety of his dealings with those about him. In any case, moral goodness in him is lacking and in reality still simple, for his deliberate demonstrations are barely carried into amicability with extreme end. As he comes back from triumphant fight, puffed up with self esteem which requests ever-expanding acknowledgment of his enormity, the devilish powers of malice represented by the Weird Sisters-propose to his exorbitant creative mind the awesome prospect of accomplishing now the best variable great he has ever wanted. These devils in the appearance of witches can't peruse his deepest considerations, yet from perception of facial articulation and other real signs they gather with relative precision what interests drive him and what dull wants anticipate their cultivating. Understanding that he wishes the realm, they forecast that he will be above all else. They can't consequently propel his will to abhorrent; yet they do stir his interests furthermore, work up an energetic and over the top trepidation of the creative mind, which so debases the judgment of reason that it drives his will toward picking intends to the ideal worldly great. For sure his creative mind and interests are so striking under this insidious motivation from without that nothing is except for what is not; and his explanation is hindered to such an extent that he judges, These solicitings can't be abhorrent, can't be acceptable. Still, he is furnished with so much normal great that he can control the anxieties of his over the top creative mind and chooses to make no stride including wrongdoing. His self-sufficient choice not to submit murder, nonetheless, isn't in any sense dependent on moral grounds. Most likely he typically shrivels from the unnaturalness of regicide; yet he so far overlooks extreme closes that, in the event that he could play out the deed and break its results here upon this bank and shore of time, he'ld bounce the life to come. Without denying him still an intricacy of thought processes - as brother and subject he may potentially experience some slight shade of unmixed dedication to the King under his rooftop we may even say that the results which he fears are not in the least internal and profound, It is to be questioned whether he has far thought about the conceivable impacts of wrongdoing and abhorrence upon the human spirit his later disclosure of horrendous assaults created by fiendish in his own soul establishes some portion of the catastrophe. Hello there is for the most part worried, as

FIRST fun

FIRST fun Quite a few Fridays ago I locked myself in my room so I could get as much schoolwork done as possible. I knew I wouldnt be getting much done that weekend. Why? I spent all day Saturday watching an intense compeition. What kind of competition, you ask? A robotics competition, of course! That Saturday was the Manchester FIRST Regional, and I was psyched to be there. What is FIRST? Only the greatest thing ever, basically. There are over 1,000 high school teams nationwide that compete in FIRST. In early January, a challenge is announced to the teams at the kickoff event. The challenge is actually a game- two alliances of three robots each compete in a fast-paced game. This year the game involved scoring in goals on the ground as well as goals high in the air (hence the name of this years competition, Aim High.) Bonus points are awarded for robots that are parked on a small ramp at the end of the match. Teams get 6 jam-packed weeks to design and build a robot that they think will do well at this game. (The game changes each year, so this is always a fresh challenge!) Then they compete at regionals scattered across the country. Theres also a crazy national competition a few weeks after that. I joined FIRST during my junior year of high school, and it was seriously awesome. But then (sad story ahead!) we lost our funding and our advisor didnt really want to keep up with the time committment, and that was the end of Team 30. =( I knew that MIT mentored a FIRST team (Team 97, which consists of students from several local high schools), but I decided to join FSAE instead. But then Adelaide 09 brought me back to earth. Shes a college student mentor for Team 97, and she invited me to the Manchester regional with the team. It was so awesome that I even stuck around for an extra day after classes ended for spring break just to go to the Boston regional too. Manchester was incredible. Team 1721 was really friendly and FIRST-y they won the Rookie Inspiration Award and I was so psyched for them. Team 1276 won the spirit award, which was well-earned. No one on their team walked anywhere- they danced. They were so much fun to be around. Team 58 gets a special shoutout for handing out saftey glasses, as does team 97 for letting me act like an idiot (while wearing a Team 97 shirt, no less) and cheering them on at both regionals, despite the fact that most of them had never even seen me before. I had such a great time at Manchester- I went around all day grinning from ear to ear because I was just so excited to be back at a FIRST competition. Oh FIRST. Where else can you find people laughing at nerdy jokes, cheering and screaming about engineering and design, exclaiming over the sheer awesomeness of navigation by sound or high quality robotic video feeds, and scrambling around to lend their competitors safety glasses and springs and drill bits? Where else can you find flashing lights and bright colors and face painting and colorful pins and crazy costumes and yelling and cheering and people dancing in the aisles and teams with names like Mechanical Mayhem and The PVC Pirates? Nowhere, thats where. *grin* And now for the pictures! This is what a typical regional looks like on the last day of competition (showing your team colors is an important part of FIRST): This is the field- where the matches actually take place and the robots are put to the test. This is the pit area- where teams keep their robot between matches and work to fix up anything that may not be working exactly as planned The drive team consists of 4 people: a driver (who moves the robot around), the operator (who pushes all the buttons and operates the robots functions), a human player (who gets to throw balls around), and a team coach (who keeps everyone calm in the heat of competition). In this picture, you can see that Team 97 has successfully navigated up the ramp for some bonus points. Go team! Team 97 in action. FIRST isnt Battlebots- but it can get rough out there. Team 97 is the RoboRuminants. Get it? Cows? (Yeah, it took me a loooong time to catch on to that one, so no worries.) At the end of the regional, everyone packs their robot into crates to be shipped off to the next location- if theyre lucky, its another regional, or even nationals. Nehalita said this awhile ago: I was talking to one of my friends who was experiencing her first regional as an alumni and she said it was quite different some emotions were: boring, depressing, stressfree. Watching as an alumni is definitely very different. It was pretty sad for me- I got to watch people doing a lot of stuff that I never got a chance to because I didnt have a team my senior year. Plus I was a lot more reserved as usual. You want to make sure youre not taking over when you could be letting the high school students learn things. You may have moved onto cooler things as a college student, but oh to be a high schooler on a FIRST team*grin* Of course, all these thoughts are going on in your head during a FIRST regional, where there is nowhere near enough time/space/quiet to sit around and feel sorry for yourself. Its mostly just excitement, but theres a little nostalgia in there too. On to the Boston Regional it was the first year Boston had a regional, but you would never know. Lots of fun to be had. =) The MC at Boston was insane. I tried to get good pictures but it was absolutely impossible. He zoomed around the field on roller blades and kept insisting that Team 97 was wearing tangerine and once even referred to it as that fabulous color. Hee. He was pretty awesome. The Boston pit area. Full of busy people, hard at work. The Boston field area. The awards ceremony happens after the elimination tournament. There are awards for winning the regional, as well as Team Spirit, Industrial Design, Quality, and lots others. Winning any of these awards is a pretty sweet deal, so even if your robot doesnt do so hot in the actual competition, you can still get some recognition and feel pretty good about yourself. Team 97s robot. It was quite the sturdy little robot. Sometimes teams will give out their own awards, and Team 97 received Best Defensive Robot from two separate teams at the Boston Regional. Way to go, guys! That, my friends, is water-jetted diamondplate. I have no words for the sheer AWESOMENESS that is this picture. FIRST makes my inner nerd happy. Responses to comments: Evan said: Hope to see ya around at CPW, Laura. I wonder how much of a chance Ill have of actually finding you, but I guess only time will tell. Attention all blog followers: keep an eye on your CPW schedules. There will be an obvious and appropriately named chance to meet the bloggers during the weekend. Plus Ill be around at the help/registration desk (not sure which hours yet), and Ill be hanging out at just about every event hosted by Burton-Conner (one of my best friends is CPW chair, so Ill be there whether I like it or not!) Everyone on campus is psyched for CPW (although probably not as psyched as you guys all are), so there will be plenty of chances to meet the bloggers- and everyone else! Anonymous said: Is it possible to apply for transfer?? I saw on the MIT fact that they only accepted about 14 transfers last year. do u know the rate of acceptance for transfers?? I really want to apply fo transfer and I am planning to do it maybe one and a half years later. All I know about transfer admissions is that theyre insanely competitive. Your best bet is to check out the transfer admissions website, take math/science/MIT-like classes at school, and to get in touch with the admissions office. Good luck! Anonymous said: Im planning to miss the Admitted Students party in my area because of other plans but am coming to CPW. Is that much of a big deal? Nope, not at all. Admitted Student meetings are just a chance to get to meet some of your fellow 10s and make some new friends. Theyre fun to go to (plus its always funny to look back a year later and realize, wow I totally met that person at this admitted students meeting and they are nothing like I remember), but no big deal if you miss them. Anonymous said: If I go to CPW from far away, will that significantly affect my future chances of FinAid? Interesting question. Im not the definitive source on this, but I give it a resounding no. The finaid office has better things to do than to track everyone who attends CPW. Tish said: Congrats on passing the EMT exam! Im currently in the middle of my EMT-B class here in New York and will be testing in May. I think its so cool that youre a part of the MIT-EMS! Ive been riding with my local corps for 2 years now and definitely would like to join the MIT service when I get there in the fall. Did I read that you get to drive the ambulance as well? Thats awesome! What I wanted to ask you was, how have you been managing with all your school work and EMS on top of it? Are you left with any free time? Well congrats again and hopefully Ill see you at a drill in the fall! Great question. Ill let you know when I know. =) Ive only ever worked one shift on the ambulance, so Im not really qualified to answer. Here is what I do know: in order to be considered an active member of MIT-EMS, youre required to staff the ambulance for 49 hours each semester. Plus, there are 4 general body meetings (which take place in the evenings and each last an hour or two) and 4 drills sessions (there are two sessions-Sunday morning or Sunday afternoon- each lasts 4 hours and you get to choose your session) each semester. Youre only allowed to miss one of each. I havent worked on the ambulance much, but attending the meetings and drill sessions is really no big deal. As for staffing the ambulance- you get to make your own schedule and of course you can do homework on shift- you just cant count on it since you never know when youll be getting a call. So theres a lot to keep in mind, but the 49 hours works out to about a shift every other week, and the scheduling is pretty fle xible. Oh, and just so you know- free time is rare around here. Most people fill up their free time with sports or clubs or EMS or writing admissions blogs- and then its not free time anymore, is it? =) Oh, and as for driving the ambulance, all of MIT-EMS is student run- so yes, we do. Theres a lot of training and practice to go through first, though. Momchil said: Obviously, I cant just let it go. So, can someone answer me just one short, sweet and to the point question, just like Lauras thoughts: Why are the best female chess players no match to the best male chess players? What, discrimination and discouragement again? I, for one, dont think so. OK, listen. First of all, dont start your comments here with now, I do not want to engage myself with so controversial an opinion here in those blogs, but when you are clearly enjoying all of the controversy that you succeeded in creating. Second of all, you have clearly never seen me in front of a physics problem. And you know what, Einstein may have been a man but Marie Curie was not, so I dont really see your point. You clearly want to start a big argument with me about this, and Im sorry to tell you that its not going to happen. As a woman who attends one of the most prestigious engineering schools in the world, Im not going to get up every morning, attend hours of math and physics classes, spend hours of my free time building cars and robots, spend hours after that working on challenging psets, only to end my day by trying to convince you that I even have the capacity to be as intelligent as the average male. I just refuse to do that. You may think that I am disrespecting your o pinion, but theres just no way Im even going to entertain the idea that youre proposing. Sorry. Oh, and one more thing- if youre going to start a whole debate about how you think men are naturally smarter than women, dont end your comments with some patronizing line about how you think Im cute. It doesnt make you look like youre not some women-hater, or someone who looks down on women, it makes you look like a patronizing sexist jerk who only values women based on their looks. Just so you know. Post Tagged #FIRST robotics competition

High School Sports Programs Should Be Funded - 1657 Words

Sports. Six letters, five consonants, one vowel, seems like a fairly normal word. However, the meaning of this one syllable word reaches far deeper than some countries can even imagine. Sports in America is an institution that many people experience on a daily basis, from participating in an activity, coaching a team, or even watching a game. In a study by Soven Bery, the NFL, MLB, and NBA put together make an annual revenue of 20.5 billion every year from America’s love of sports (http://bleacherreport.com/). However, without players there would be no game, and every pro-sports hopeful has to start somewhere. Even if a high school student who plays sports isn’t likely to play once they graduate, sports can offer countless benefits for adult life. High school sports programs should be funded by our school district, and every school district in America, because they counter the increasing obesity in America, boost kids self-confidence, and they prepare students for life outside the classroom. While some might argue the point that only about 6.25% of all high school players will continue playing in college, it fails to account for the fact that the benefits gained by taking part in a high school sport can be transferred into any working environment (http://www.ncaa.org/). If our school district took away the funding for its sports the negatives would greatly outweigh the so-called â€Å"benefits† of a district without sports. Obesity is a big problem facing the world these days.Show MoreRelatedShould Student Athletes Receive Compensation for Upholding a Higher Standard?922 Words   |  4 PagesNCAA to maintain their eligible to play sports. 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Unfortunately, before Title Nine was established in 1972, there was a great deal of harassment towards women playing educational sports. This new amendment to the Civil Acts, broke down the barriers for women, and demanded proportionality between mens and womens athletic programs. Due toRead MoreAthletes Should Not Be Paid1494 Words   |  6 Pagesspeculations have aroused that athletes should begin to receive pay. Some people believe that collegiate athletes should be paid due to their performance as professional sport athletes do. The idea may sound fruitful, but it also poses many problem s. I believe that collegiate athletes should not be paid due to the scholarships available, the yearly college budget, and the decreases in interest in grades. Student athletes have the ability to receive academic, sport scholarships, and many other scholarshipsRead MoreTitle IX: Nix the Nine1354 Words   |  5 Pagesfederal funded establishments. Title IX has had a long controversial history throughout America and has been the focal point of many court cases. Among these court cases women have believed that this law has only affected women’s athletics in a positive way and has not affected men’s athletics in a negative way at all. Although Title IX has affected women’s athletics in a positive way it has, at the same time, negatively impacted men’s athletics among universities’ and other federal funded establishmentsRead MoreHigh Fine Arts Programs Should Be Funded1275 Words   |  6 Pagesfinancial cuts, Fine Arts programs have been reduced or completely abolished. This reduction instigates the controversy on how to deal with prioritizing funding from the federal government. Students, parents, teachers, taxpayers, schools, and the federal government are all directly involved in this controversy. People that value arts education tend to be more anxious about the possible outcomes. The stakeholders are divided on whether or not the fine arts should be funded in schools. Stakeholders worriedRead MoreThe City Of Saint Paul Called Washington Technology Magnet School1238 Words   |  5 Pages women and men sports have never been viewed the same. When sports were first originated it was only meant for men to compete. During this time, women were forbidden to compete. Woman were always underestimated or never taken for serious. Even to this day women sports are still being seen the same way, especially in high school sports. One school in particular that will be focused on in this paper is in the city of Saint Paul called Washington Technology Magnet School. This school is a victim justRead MoreTraditional Principles And Practices Of Educational Budgeting1529 Words   |  7 Pagesgoals and meet program objectives. A working definition of a budget is a financial plan that involves four components such as planning, receiving funds, spending funds and evaluating the end results in a limited time frame. Educational budgeting is a way of defining and prioritizing needs, setting goals and organizing those needs and goals into objectives to create a viable education program defined by its financial plan. At the district level, the superintendent of schools administers theRead MoreSchools Need Extra Money For School Activities903 Words   |  4 Pagesyear are forced to leave school and have nowhere to go. With many of these children in grades 1st-12th, the reason they have nowhere to go is because their parents are too poor for them to be able to pay for them to have a plan after school if the parents cannot make it. This has been a problem for many years and as poverty rises it is only happening more. Many of these schools need extra money to be able to hold after school activities whether it be a hangout after school or an athletic team. These

The Importance Of Literacies On Entrepreneurial Endeavors

The Importance of Literacies in Entrepreneurial Endeavors The things that are routine or familiar in life seem to get overlooked, regardless of how amazing they are. Think about the human eye. Is it not amazing how light, matter, and the complexity of the human eye all work in harmony to give sight so that the world can be observed? Sight is something that we have grown numb to†¦ something whose science the world could marvel at but instead, the ability to see is just another part of waking up and going to sleep as each day passes by. One such thing is written language. While it is easier to comprehend how early humans may have been given language by a divine creator (or may have developed a system of language by pointing and making sounds†¦show more content†¦Literacies are integrated into the nature of entrepreneurship, as will be discussed with a current successful business owner, and the ability to be literate can determine success as an entrepreneur. Literacy is a very common word. However, in such an advanced world, the definition of literacy has grown beyond simply the ability to read. This concept is outlined by Sean Branick, who discussed literacies as a student at the University of Dayton. Branick, in a study about literacies that football coaches possess, outlined three types of literacy. The first type is interpersonal literacies, or the ability to read and understand people and relationships. The second type of literacy according to Branick is situational, or the ability to read and understand situations. Finally, and most commonly associated with literacy, is textual, or the ability to read and understand text. Per Branick’s definition, â€Å"Literacy† will be defined as the ability to read people, situations, and text when used (Branick). Being literate is possessing qualities that help a person better understand their surroundings. Entrepreneurs can be defined as people who are proactive in developing the world in which people live. People who can be dubbed â€Å"entrepreneurs† can take an array of forms: from those developing a new start-up business or nonprofit to others who create new, streamlined, or more productive

Data Case Free Essays

Group Project Berk DeMarzo Data Case chapter 10 1. Collect price information for each stock from Yahoo! Finance Professor has provided it for us. The specific data of question 2-4 is in the appendix. We will write a custom essay sample on Data Case or any similar topic only for you Order Now We only include the functions and simple answers below every question. 2. Return=(P2-P1)/P1 3. mean monthly returns, standard deviations for the monthly returns and annual statistics Ticker| AAPL| ADM| BA| C| CAT| DE| HSY| MOT| PG| SIRI| WMT| YHOO| Mean| 8. 39%| 3. 70%| 2. 68%| -0. 26%| 2. 87%| 3. 40%| 0. 43%| 0. 48%| 1. 25%| 3. 34%| 0. 69%| 2. 22%| SD| 0. 1584| 0. 1050| 0. 0697| 0. 0709| 0. 0742| 0. 0867| 0. 0491| 0. 934| 0. 0455| 0. 1963| 0. 0477| 0. 1299| Annual Mean| 1. 0068| 0. 4444| 0. 3215| -0. 0315| 0. 3444| 0. 4077| 0. 0519| 0. 0576| 0. 1505| 0. 4010| 0. 0827| 0. 2660| Annual SD| 0. 5489| 0. 3638| 0. 2414| 0. 2457| 0. 2569| 0. 3002| 0. 1702| 0. 3236| 0. 1577| 0. 6800| 0. 1654| 0. 4499| 4. Monthly return to an equally weighted portfolio of these 12 stocks. The mean and standard deviation of monthly returns for the equally weighted portfolio. | Mean| Mean| 0. 0389| Standard Deviation| 0. 0925| Annual Mean| 0. 4671| Annual SD| 0. 3204| 5. Standard deviation (volatility) on the x-axis and average return on the y-axis Solution: 6. What do you notice about the volatilities of the individual stocks, compared to the volatility of the equally weighted portfolio? Solution: The volatilities of the individual stocks are mostly bigger than the volatility of the equally weighted portfolio that implies the portfolio tends to have more stability and less risk than the individual stocks themselves. Appendix Date| AAPL return| ADM return| BA return| C return| CAT return| DE return| HSY return| MOT return| PG return| SIRI return| WMT return| YHOO return| Mean| Apr-03| 26. 30| 8. 63| 13. 06| 5. 02| -0. 88| -0. 82| 9. 48| 7. 79| 2. 19| 116. 22| -6. 57| 20. 42| 16. 4| May-03| 6. 12| 7. 49| 11. 92| 4. 35| 6. 74| 5. 17| -2. 03| 11. 19| -2. 87| 5. 62| 2. 17| 9. 58| 5. 45| Jun-03| 10. 60| 2. 06| -3. 50| 5. 47| 21. 96| 11. 07| 4. 52| -4. 20| -0. 96| 5. 33| 4. 17| -4. 83| 4. 31| Jul-03| 7. 31| 6. 07| 13. 45| -3. 23| 6. 45| 11. 29| -3. 46| 18. 75| -0. 65| -5. 62| 5. 85| 7. 26| 5. 29| Aug-03| -8. 40| -5. 48| -8. 18| 4. 98| -4. 16| -5. 25| 3. 98| 11. 76| 6. 32| 8. 33| -5. 62| 5. 99| 0. 36| Sep-03| 10. 42| 9. 41| 12. 12| 4. 94| 6. 96| 13. 69| 6. 09| 13. 23| 6. 42| 29. 12| 5. 71| 23. 52| 11. 80| Oct-03| -8. 65| 0. 00| 0. 18| -0. 78| 3. 77| 1. 00| 1. 29| 3. 81| -2. 10| -11. 49| -5. 61| -1. 60| -1. 8| Nov-03| 2. 30| 6. 53| 9. 79| 3. 21| 9. 18| 6. 62| -0. 92| 0. 00| 3. 78| 51. 92| -4. 49| 4. 70| 7. 72| Dec-03| 5. 52| 2. 88| -0. 94| 2. 76| -5. 46| -3. 77| -1. 92| 18. 41| 1. 67| -14. 56| 1. 50| 4. 35| 0. 87| Jan-04| 6. 03| 10. 37| 4. 28| 1. 59| -3. 05| 2. 60| 10. 30| 11. 30| 1. 42| 8. 89| 10. 60| -5. 62| 4. 89| Feb-04| 13. 04| -1. 97| -5. 30| 2. 86| 4. 39| 8. 37| -0. 06| -4. 40| 2. 31| 15. 65| 0. 44| 9. 34| 3. 72| Mar-04| -4. 66| 4. 08| 3. 95| -6. 20| -1. 25| -1. 83| 7. 29| 3. 72| 1. 35| -2. 94| -4. 50| 4. 21| 0. 27| Apr-04| 8. 84| -4. 85| 7. 79| -3. 45| -3. 05| -3. 46| 0. 26| 8. 28| 1. 93| -9. 09| -2. 01| 21. 38| 1. 8| May-04| 15. 97| 0. 92| 11. 54| 0. 13| 5. 42| 7. 21| 4. 30| -7. 47| 0. 97| 2. 67| -5. 78| 18. 72| 4. 5 5| Jun-04| -0. 61| -8. 04| -0. 66| -4. 30| -7. 01| -10. 44| 4. 69| -12. 76| -3. 75| -18. 51| 0. 95| -15. 38| -6. 32| Jul-04| 6. 68| 3. 95| 3. 32| 5. 64| -1. 08| 0. 70| 0. 14| 1. 42| 7. 31| -7. 57| -0. 39| -7. 44| 1. 06| Aug-04| 12. 35| 6. 37| -1. 16| -5. 29| 10. 65| 2. 52| -3. 25| 11. 99| -3. 31| 37. 93| 0. 99| 18. 94| 7. 39| Sep-04| 35. 19| 14. 02| -3. 33| 1. 51| 0. 62| -7. 41| 8. 50| -4. 34| -4. 98| 21. 88| 1. 37| 6. 72| 5. 81| Oct-04| 27. 98| 9. 89| 7. 77| 0. 86| 13. 69| 19. 98| 2. 63| 11. 61| 4. 50| 70. 00| -3. 46| 3. 5| 14. 12| Nov-04| -3. 97| 5. 24| -3. 35| 7. 65| 6. 51| 4. 12| 7. 24| -0. 06| 2. 98| 14. 93| 1. 71| 0. 16| 3. 60| Dec-04| 19. 41| 8. 46| -2. 28| 1. 81| -8. 22| -6. 67| 5. 30| -8. 50| -2. 92| -13. 12| -0. 78| -6. 56| -1. 17| Jan-05| 16. 67| -0. 09| 9. 15| -1. 85| 6. 66| 2. 40| 8. 10| -0. 47| -0. 27| -15. 86| -1. 51| -8. 35| 1. 22| Feb-05| -7. 11| 2. 01| 6. 35| -5. 82| -3. 79| -5. 16| -4. 03| -4. 19| -0. 17| 0. 90| -2. 62| 5. 05| -1. 55| Mar-05| -13. 46| -26. 80| 1. 82| 5. 49| -3. 27| -6. 84| 5. 69| 2. 47| 2. 70| -15. 30| -5. 93| 1. 77| -4. 31| Apr-05| 10. 26| 10. 81| 7. 80| 0. 30| 6. 89| 5. 77| 0. 81| 13. 29| 1. 85| 26. 26| 0. 0| 7. 83| 7. 70| May-05| -7. 42| 7. 71| 3. 28| -1. 85| 1. 28| -0. 53| -3. 28| 5. 35| -4. 36| 7. 82| 2. 05| -6. 85| 0. 27| Jun-05| 15. 87| 7. 31| 0. 02| -4. 98| 13. 64| 12. 29| 2. 84| 15. 98| 6. 01| 5. 25| 2. 39| -3. 78| 6. 07| Jul-05| 9. 94| -1. 49| 1. 91| 0. 62| 2. 93| -11. 09| -7. 10| 3. 28| -0. 26| 0. 88| -8. 62| -0. 06| -0. 76| Aug-05| 14. 33| 9. 56| 1. 39| 4. 01| 5. 88| -5. 92| -4. 72| 0. 87| 7. 16| -4. 94| -2. 53| 1. 56| 2. 22| Sep-05| 7. 42| -1. 17| -4. 87| 0. 56| -10. 09| -0. 85| 0. 94| 0. 57| -5. 36| -4. 74| 7. 96| 9. 25| -0. 03| Oct-05| 17. 76| -2. 93| 5. 88| 7. 09| 9. 87| 14. 30| -4. 16| 8. 74| 2. 14| 14. 77| 2. 5| 8. 82| 7. 08| Nov-05| 6. 00| 4. 59| 3. 02| -0. 05| -0. 02| -1. 25| 1. 89| -6. 07| 1. 21| -6. 29| -3. 34| -2. 61| -0. 24| Dec-05| 5. 04| 27. 73| -2. 76| -4. 01| 18. 01| 5. 37| -7. 33| 0. 51| 2. 82| - 15. 37| -1. 46| -12. 25| 1. 36| Jan-06| -9. 30| 1. 05| 6. 86| 0. 62| 7. 63| 6. 30| 0. 37| -5. 74| 1. 18| -9. 88| -1. 65| -6. 75| -0. 78| Feb-06| -8. 42| 6. 07| 7. 22| 1. 84| -1. 74| 4. 15| 2. 11| 7. 26| -3. 84| -0. 78| 4. 55| 0. 62| 1. 59| Mar-06| 12. 23| 7. 99| 7. 08| 6. 85| 5. 80| 11. 05| 2. 13| -6. 82| 1. 58| -7. 69| -4. 69| 1. 61| 3. 09| Apr-06| -15. 09| 14. 65| 0. 10| -1. 29| -3. 68| -2. 49| 7. 16| -1. 23| -6. 81| -3. 85| 7. 8| -3. 63| -0. 68| May-06| -4. 18| -0. 69| -1. 62| -2. 13| 2. 10| -1. 98| -3. 22| -4. 22| 2. 49| 5. 56| -0. 57| 4. 46| -0. 33| Jun-06| 18. 67| 6. 57| -5. 48| 0. 12| -4. 44| -13. 09| -0. 18| 12. 97| 1. 65| -11. 58| -7. 63| -17. 76| -1. 68| Jul-06| -0. 16| -6. 19| -2. 88| 3. 20| -6. 37| 7. 63| -1. 35| 2. 71| 10. 14| -2. 86| 0. 88| 6. 23| 0. 92| Aug-06| 13. 46| -7. 98| 5. 28| 0. 63| -0. 83| 7. 94| -0. 94| 7. 16| 0. 14| -3. 92| 10. 29| -12. 31| 1. 58| Sep-06| 5. 33| 1. 61| 1. 28| 0. 99| -7. 33| 1. 47| -1. 03| -7. 76| 2. 78| -2. 30| -0. 09| 4. 19| -0. 07| Oct-06 | 13. 05| -8. 57| 11. 25| -0. 16| 2. 18| 12. 75| 0. 64| -3. 85| -0. 5| 11. 23| -6. 46| 2. 54| 2. 80| Nov-06| -7. 44| -8. 95| 0. 35| 12. 31| -1. 14| -0. 51| -5. 99| -7. 06| 2. 37| -16. 90| 0. 55| -5. 44| -3. 15| Dec-06| 1. 05| 0. 13| 0. 80| -1. 01| 5. 00| 5. 48| 2. 48| -3. 44| 1. 41| 4. 24| 3. 26| 10. 85| 2. 52| Jan-07| -1. 31| 7. 68| -2. 19| -7. 72| 0. 56| 7. 98| 4. 18| -6. 71| -2. 13| -1. 08| 1. 30| 9. 01| 0. 80| Feb-07| 9. 81| 6. 86| 1. 90| 1. 91| 4. 03| 0. 74| 3. 31| -4. 33| -0. 51| -12. 33| -2. 36| 1. 39| 0. 87| Mar-07| 7. 42| 5. 45| 4. 61| 4. 44| 8. 82| 0. 70| 0. 56| -1. 94| 2. 51| -7. 50| 2. 08| -10. 39| 1. 40| Apr-07| 21. 43| -9. 17| 8. 56| 2. 66| 8. 21| 10. 13| -3. 61| 4. 97| -1. 1| -1. 01| -0. 22| 2. 35| 3. 58| May-07| 0. 70| -5. 57| -4. 41| -5. 87| -0. 36| 0. 58| -3. 95| -2. 40| -3. 71| 3. 07| 1. 08| -5. 47| -2. 19| Jun-07| 7. 96| 1. 55| 7. 56| -9. 22| 1. 06| -0. 26| -8. 94| -4. 04| 1. 66| -0. 33| -4. 49| -14. 30| -1. 82| Jul-07| 5. 10| 0. 65| -6. 19| 1. 84| -3. 84| 12. 99 | 1. 53| -0. 24| 5. 58| -1. 33| -4. 57| -2. 24| 0. 77| Aug-07| 10. 82| -1. 85| 8. 57| -0. 43| 3. 51| 9. 47| -0. 19| 9. 65| 7. 70| 17. 51| 0. 05| 18. 08| 6. 91| Sep-07| 23. 77| 8. 18| -6. 10| -10. 22| -4. 42| 4. 36| -7. 12| 1. 39| -0. 68| -3. 72| 3. 57| 15. 87| 2. 07| Oct-07| -4. 07| 1. 89| -5. 80| -19. 49| -3. 63| 10. 91| -6. 1| -15. 00| 6. 44| 13. 99| 5. 95| -13. 79| -2. 44| Nov-07| 8. 70| 27. 73| -5. 48| -11. 59| 0. 91| 8. 70| -1. 28| 0. 78| -0. 77| -20. 89| -0. 33| -13. 24| -0. 56| Dec-07| -31. 66| -5. 27| -4. 90| -3. 20| -1. 61| -5. 97| -8. 19| -28. 29| -10. 46| 5. 61| 6. 75| -17. 54| -8. 73| Jan-08| -7. 64| 2. 85| 0. 03| -15. 85| 1. 89| -2. 69| 3. 34| -13. 33| 1. 17| -11. 25| -2. 26| 44. 84| 0. 09| Feb-08| 14. 78| -8. 73| -10. 17| -9. 66| 8. 24| -5. 30| 1. 60| -6. 30| 5. 87| 0. 70| 6. 74| 4. 14| 0. 16| Mar-08| 21. 22| 7. 06| 14. 10| 17. 97| 5. 06| 4. 51| -0. 79| 7. 16| -3. 76| -10. 14| 10. 06| -5. 25| 5. 60| Apr-08| | | | | | | | | | | | | | Mean| 6. 16| 2. 80| 2. 23| -0. 22| 2. 26| 2. 65| 0. 50| 1. 05| 0. 91| 3. 86| 0. 26| 1. 94| 0. 0203 | Standard Deviation| 0. 118500359| 0. 084954962| 0. 061336785| 0. 061929002| 0. 064312603| 0. 070978888| 0. 046175086| 0. 088335566| 0. 038977677| 0. 220687247| 0. 045999568| 0. 114508009| 0. 0437 | Annual Mean| 0. 7386| 0. 33654| 0. 26758| -0. 02684| 0. 27156| 0. 31746| 0. 05988| 0. 12642| 0. 10964| 0. 46308| 0. 03112| 0. 23252| 0. 2440 | Annual SD| 0. 410497285| 0. 294292621| 0. 212476856| 0. 214528357| 0. 222785393| 0. 24587808| 0. 159955189| 0. 306003375| 0. 135022634| 0. 764483048| 0. 159347179| 0. 39666738| 0. 1514 | How to cite Data Case, Essay examples

Introduction to Macroeconomics Sequestration and Its Impacts on an Economy

Introduction Sequestration is a practice applied in the U.S. federal government to cut the cost of spending. This follows if the government expenditure exceeds the gross revenue in the fiscal year. According to Colander (2010), sequestration dates back to 1985 when the Balance Budget and Emergency Deficit Control Act was formed to impose automatic cuts in the government spending.Advertising We will write a custom essay sample on Introduction to Macroeconomics: Sequestration and Its Impacts on an Economy specifically for you for only $16.05 $11/page Learn More It involves the cancellation of resources allocated in the budget uniformly. In 2011, the Congress passed the Budget Control Act, which was aimed at cutting about $500 billion in the defense department for a period of 10 years. This will see a cut of $47 in the first financial year. If there rose a disagreement on additional cuts between the Senators and the Representatives, the government would be forced to impose $1.2 trillion as additional cut in a period of 10 years. Half of the cuts would come from the Federal agencies and the rest from the department of defense. The additional cuts are reffered to as sequestration. Effects of sequestration in the multiplier model Sequestration has an overall effect on multiplier model. As noted by Brue McConnel (1999), economists have pondered over the question of how a net increase in the exports may increase the equilibrium output of an economy by more than the actual net increase. This idea is referred to as the ‘multiplier effect’. In generic terms, when someone spends money, this spending becomes someone else’s income, hence, creating a multiplied effect on the income and spending within an economy. A net increase in exports is supported by a net increase in the production and output of final goods. This is because there may be several steps leading to production of the final output; the in-between production ste ps will create additional jobs and interim outputs generating a net higher increase in the economy. Theoretical ideas from the economists suggest that increased production encourages specialization and extension of information and knowledge from leaders in technology to laggards. As confirmed by Sercu (2009), this transfer, rationally, would result in the increased production of both export goods for internal consumption as manufacturers capitalize on the knowledge gained and economies of scale. Increasing net exports will cause a multiplier effect on the economy as described by economists and deduced from logical observations and reasoning.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More An increase in export is considered as productivity improvement which results in a positive impact to the economy. This enables realization of industries’ expansion and thus improved government reve nue and creation of employment. Increase in export extents the benefits to third parties who include workers, business owners, stakeholders, and partners. Government spending includes both limited government expenditure and consumption, but does not include transfer payment effected by the state. An increase in government spending above its potential bears both long-term and short-term effects. According to Choi and Devereux (2005), an increase in the permanent spending results in an increase in the released money, thus, an increase in the circulating currency. An increase in government spending above the equilibrium results in the budget deficit, which means that the government has to borrow to fund its functions. This contributes to an increase in interest rates and subsequent reduction in the rate of investment. An increase in the interest rate would translate to less borrowing from banks and other financial institutions. This would affect the performance of enterprises due to la ck of finances, particularly those that depend on bank loans. This would then lead to an increase in inflation thereby affecting the real money supply. Prices for common commodities would go up affecting the living standards and citizens’ purchasing power. The multiplier model offers a graphical display and assumes a constant level of price. It quantifies the multiplier effect with the AS/AD model (Colander 2010, p 635). An increase or decrease in the multiplier results in an ultimate decrease or an increase by a factor, which is more than the first change contributed by the multiplier effect. Graph showing old Keynesian versus new Keynesian government spending multipliers (Bussing-Burks Marie 2011).Advertising We will write a custom essay sample on Introduction to Macroeconomics: Sequestration and Its Impacts on an Economy specifically for you for only $16.05 $11/page Learn More Equilibrium real interest rate tends to increase with an increase in government spending. This has to be funded either through borrowing or through selling government assets. This may increase the government debt resulting in a long-term effect when paying back the money. As revealed by Bussing-Burks and Marie (2011), an increase in government spending on purchases by one percent of the GDP results in a rise in actual GDP by 1.6 percent above the normal. Sometimes, the government spending might give varying effects depending on the amount of resources spent and the recovery powers. In one case, high government spending may keep on summing up to the GDP and, in another case, as indicated by the graph, the effect of government spending on the GDP reduces because non-government components becomes crowded by government spending. Impact on unemployment and inflation in the short and long run In the long- run, there is an increase in prices of goods and services. This is referred to as price inflation. As noted by Brue and McConnel (1999), monetary inf lation is an upward movement of money supply. This leads to the price inflation; this also affects the prices of goods and services upwards. Inflation can affect an economy negatively or positively; negatively: there is a loss of money value, a lack of investments due to uncertainties from inflation hence shortage of consumer goods. Positively, this is an advantage since central banks can regulate nominal interest rates, which promote investments. Inflation rate is dependent on money supply, thus, higher inflation means drastic growth in money supply. This implies that there is a lot of money in circulation and the economic growth is slow.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More According to Wells (2004), unemployment is one of the factors that drags an economy of a country behind. Being unemployed means no income and therefore no spending. Unemployment has direct and indirect effects on the economy. Directs effects include Output Decline, when people are unemployed, the labor market is affected. This means a fall in output. There is also a loss of income. Conclusion From this analysis, it is clear that sequestration has both positive and negative impacts on the government, the industries, the people and the economy in general. Krugman (2009) notes that indirect results of unemployment include Negative Multiplier Effect and this has an effect in that, when jobs are lost, there is a downfall in purchasing power. This means that businesses will be affected in such a way that consumer goods will move slowly and eventually, the manufacturers will feel the same effect. A loss of income tax affects the economy indirectly in that there will be shortage of direct t axes that are collected from wages. This may lead to the government borrowing or under spending and, therefore, the economy is strained. Society-unemployment leads to social groupings due to inequality in income and wealth distribution. Reference List Brue, S. McConnell, C. (1999). Microeconomics: principles, problems, and policies. UK: Irwin/McGraw-Hill, London. Bussing-Burks, M., Marie, C. (2011). Taxes and Government Spending. The Rosen Publishing Group, New York. Choi, W. Devereux,M. (2005). Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter? International Monetary Fund, United States. Colander, D. C. (2010). Economics, 8th edition. New York, NY: McGraw Hill Irwin. Krugman, P. (2009). The return of depression economics and the crisis of 2008. New York, NY: W. W. Norton Company. Sercu, P. (2009). International Finance: Theory into Practice. Princeton University Press, New York. Wells, D. R. (2004). The Federal Reserve System: A history. Je fferson, NC: McFarland Company, Inc. This essay on Introduction to Macroeconomics: Sequestration and Its Impacts on an Economy was written and submitted by user Yoselin Gill to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.