Inflation And Deflation - 1067 Words

I’ll admit that before this semester I couldn’t tell you the difference between inflation and deflation or what economics was. My passion and interest was concentrated onto the medical field. Economics has become something of a challenge for me and I’m enjoying the process of learning what it is. I know that in 2007, we entered the Great Recession which we are still recovering from. The U.S. economy is something of uncertainty due to the change in supply and demand. I believe that the current U.S. economy kept its head above water due to the Government watching how much consumers were paying for products and the actual listed prices by producers. The U.S. economy might not be in a recession currently but we are still in a fragile state due to our liabilities exceeding our assets. It’s crazy to think that the current debt is $19,470,383,603,813.73 and growing. (http://www.usgovernmentdebt.us/) When the U.S. economy entered the Great Recession in 2007, I was entering the workforce for the first time and I had to battle for my spot in the workforce. As a middle class working citizen I felt the changes in the economy on the daily basis. Being a freshman in college, I had many new expenses that included a car payment, school loans, and a mortgage. This was a troubling time because my interest rate and hidden fees were outrages due to the instability of mortgage companies and the fragile state of the economy. During this period of time there were many families that were unable toShow MoreRelatedDeflation And Inflation1647 Words   |  7 PagesAn Analyzation of Deflation and Inflation Whether the world sees falling prices or rising prices is a day to day change. These rising and falling prices are known as inflation and deflation. Inflation is an increase in all of the prices of goods and services in the economy, while deflation is the decrease of all prices. These price changes are written about in hundreds of articles everyday all around the world. I recently read two articles published by The Economist while compiling informationRead MoreCauses of Inflation and Deflation2181 Words   |  9 PagesAID OF DIAGRAMS, ILLUSTRATE THE CAUSES OF INFLATION AND DEFLATION, AND BY COMPARING THEIR ECONOMIC EFFECTS CONSIDER HOW BOTH CAN AFFECT THE CORPORATE SECTOR. The essay will describe causes of inflation and deflation and explain how they can affect the corporate sector. 1. INTRODUCTION DEFINITION OF INFLATION AND DEFLATION Inflation is a process in which the price level is rising and money is losing value. (Parkin, Powell, Matthews p654) Inflation tends to rise when at the current priceRead MoreThe Monetary Policy Roller Coaster1193 Words   |  5 Pagesstabilize prices. We can look at this and picture the government’s desire to a keep a low and stable rate of inflation. The reason for this is because there are a numerous of negative impacts associated with the high levels of inflation, such as, the loss of purchasing power just to name the big one. But what happens when there is a deflation? Monetary Policy and the concepts of Inflation and deflation play a huge role in our economy along with the enduring changes that take place with the Aggregate SupplyRead MoreInflation Is The Rise Of Priced Goods And The Fall Of Value Of Money989 Words   |  4 PagesECON-50-16209 SU 2016 [ Erica Vergara, ID#0678025 ] Essay 1: Question 1: Inflation is the rise of priced goods and the fall in value of money. Deflation is when prices of good and services fall. We are concerned about both because they can harm the economy. In the video, â€Å"Inflation or Deflation?† by Merle Hazard, he asks if the banks will the central bank get traction soon or will it lose its grip? In regards to being in a recession, Hazard is questioning if the banks will be able to control whatRead MoreMacroeconomic Factors That Affect An Economy967 Words   |  4 PagesProduct(GDP), Monetary policy, Fiscal Policy, Interest rate, Inflation, Deflation, Unemployment, economic growth etc. Many people accept inflation as a fact of life but sometimes under some economic circumstances opposite situation take place, which we call† Deflation†. It is also known as Negative Inflation Rate (when inflation rate decreased below 0%). Moreover, deflation is an indication of declining economic condition. Answer-1 Definition: â€Å"Deflation is the reduction of prices of goods means general priceRead MoreA Lecture At The George Washington University1142 Words   |  5 Pageshighlighted the damage deflation caused during the Great Depression. The gold standard and errors by monetary policymakers in the period exacerbated a difficult situation and allowed deflationary forces to spread financial distress and panic in the banking sector. The Chairman argued that had the Federal Reserve expanded the money supply during the Great Depression, deflation could have abated and the severity of the financial crisis would have been avoided. In recent years, deflation has returned toRead MoreInflation and Its Effect on Retailers1723 Words   |  7 Pagess Inflation and its effect on Supply Chain Industry (Retail) By Kamal Deep Introduction This white paper details out how inflation is affecting the Retail economy and its health. This paper also suggests what care needs to be taken by the Retailers for tackling inflation. Purpose of this Project For applying the Macro Economics class room learning’s practically Scope ofRead MoreA Better Monetary Policy Central1612 Words   |  7 PagesA Better Monetary Policy Central Banks Should Adopt in the Environment of Low Inflation CONTENTS 1 Introduction 2 2 Problems 2 2.1 Low Inflation Retards Economic Recovery 2 2.1 It Remains Questionable Which Monetary Policy is Better 3 3 Comparison Between Interest Rate Policy and Money Supply Policy 3 3.1 The Advantages and Drawbacks of Lowering Interest Rate 3 3.2 The Advantages and Drawbacks of Increasing Money Supply 4 4 Conclusion 5 5 List of References 6 Keywords: Monetary Policy; InterestRead MoreInflation Is A Low Rate Of Inflation1726 Words   |  7 Pageshas a high rate of inflation, that means people who live in this country are sad. Inflation has many definitions, but most of these definitions are related to one concept which is inflation is a general increase in prices and fall in the purchasing value of money. There is no doubt about that inflation is an important key concept in economics. As we know that there is something called deflation which is the opposite meaning of inflation. In this paper, I will write about inflation in general, the causesRead MoreScholarly Journals On The Other Hand916 Words   |  4 Pagesearly 1970’s. However, the UK went back into a deficit. Britain’s annual CPI inflation rate also increased from 2.2 (1967) to 9.5 (1971). Experts believe that without devaluation, UK’s interest rates could’ve gotten even higher and they would’ve faced deflationary pressure. In 2002, the Argentina government devalued the peso after a deep recession. This disaster began in the 1980s when Argentina faced high inflation rates and dreadful debt. Insurmountable debt grew due to poor tax collection,

Herman Melvilles Moby Dick The Understanding of The White Whale - Free Essay Example

Sample details Pages: 6 Words: 1785 Downloads: 10 Date added: 2019/05/15 Category Literature Essay Level High school Tags: Moby Dick Essay Did you like this example? The perception of the white whale, Moby Dick, in Herman Melville’s Moby Dick conveys a message that becomes specific to the reader. The profundity of the white whale, when taken into closer consideration, can embody several meanings that bring depth and further understanding of what the author is attempting to portray. In many cases, Melville introduces Moby Dick in such a manner that it becomes open for interpretation by the reader. There is such an instance where the whale can represent the text itself due to its complexity and structure of which it is composed throughout the narrative. The reader can sense the feeling of frustration regarding the intricate textual structure containing several hidden meanings in relevance to the whalers’ struggles for encountering the white whale and obtaining its ever so precious oil. In addition, the image of oneself can be interpreted as belonging to the white whale. This is discovered while the whalers ultimately see themselves in Moby Dick and witness the darkness of their soul within. Essentially, the significance of the white whale can denote an assorted amount of connotations and is perceived as a multivalent representation capable of exemplifying diverse symbolic implications. Don’t waste time! Our writers will create an original "Herman Melvilles Moby Dick: The Understanding of The White Whale" essay for you Create order The Text Itself What may seem to be the simplest literary structure, the story of a journey, as seen in Melville’s narrative, Moby Dick, is turned into an elaborate approach to incorporate various significant suggestions that are tied to the white whale. Melville attempts to communicate the feelings such of a man at sea hunting for the white whale and the valuable oil it possesses. The author goes at this by creating and diving into sometimes lengthy sentences that can be found rather unclear as to how they are constructed and for extracting a sense of what he is trying to bring into the novel. Certainly, when the sense of his descriptions come forward, they become open for interpretation. Found at the beginning, Melville starts the narrative with a simple, â€Å"Call me Ishmael.† (Melville 3) this opening is short and to the point. He directly follows that with, â€Å"Some years ago—never mind how long precisely—having little or no money in my purse, and nothing particular to interest me on shore, I thought I would sail a little and see the watery part of the world.† (Melville 3). Instantly, the distinction between the two styles utilized by the author can be recognized based on the general size of the sentence. In addition to length, the use of detail is very much increased to pronounce the main idea. He goes into such detail by creating a list of features that consecutively become more minuscule in terms of how one would regularly perceive them, but significant in the form of their contribution to the style of literature. The use of this style is intended to make the audience stumble and repeat sentences just as a whaler at sea would stri ve to find Moby Dick and prove himself worthy. The white whale, when mentioned in the novel, is referred, mostly, as an object that exists, but must be found and claimed for it lies within the immense sea that drives the difficulty to ultimately locate it. When â€Å"There she blows!—there she blows! A hump like a snow-hill! It is Moby Dick!† (Melville 595) is shouted from the whaling ship, the eagerness and excitement are demonstrated solely in the action of yelling it at the top of the lungs for every crew member on board to be aware that, after all the hunting and tracking of the white whale, it has finally been found. It gives an aspect of immediate thrill due to the distress and risk that was experienced to reach a certain point in time of spotting the white whale. The same can be said for the text in Melville’s Moby Dick itself. It is the moment when fictional Moby Dick becomes one with the physical text that creates such frustration for the reader. The white whale is embodying the text and the moment it becomes difficult to understand, or read, is that of the whaler’s struggle to pinpoint Moby Dick’s location in the unexplored seas of the world. When Melville seeks to produce frustration to slip or cause confusion in the reader’s mind by stringing a sequence of details in the form of a list, he is defining the white whale. It represents frustration and anguish that comes along the journey of whaling. Herman Melville provides the best experience of whaling within the text as the audience attempts to find and claim Moby Dick in the hunt for the valuable meanings of his interpretations that are embodied by the white whale, Moby Dick. Mirror For The Self The whale serves as a mirror for human nature and directly depicts the relation between man and whale. Throughout the entire narrative, the whale is perceived as evil and a beast that must be killed due to its darkness. Also, the whalers which we all know go out to sea with a passion for its oil and are too seen with a darker side, because they crave the challenge of finding the whale and take joy in its butchering. These whalers, however, don’t make themselves aware of such action as being a dark or homicidal one. The act of killing the whale for its oil is seen regular for its setting in time. There is a point, nevertheless, that proves how the white whale, that is perceived as a killer and beast, is turned into what is a caring and loving animal, but most importantly it is seen through the eyes of the whaler, who typically sees it as evil, therefore encounters himself in the white whale and the white whale embodies the human nature. When the whales approach, â€Å"Like household dogs they came snuffling round us, right up to our gunwales, and touching them; till it almost seemed that some spell had suddenly domesticated them. Queequeg patted their foreheads† (Melville 423), they whalers do not attack or attempt to kill them for their oil, even though they are baby whales and most likely easier to kill than a fully grown one. They do not attack because they feel empathy towards the whale. Much like Queequeg pats the whale on the head, one would pat a baby on back, because that is what these are, baby whales, seen as small relatable humans to the whalers who are not concerned with killing them at all. When the whalers looked to the sea after having encountered the harmless baby whales they saw that â€Å"suspended in those watery vaults, floated the forms of the nursing mothers of the whales, and those that by their enormous girth seemed shortly to become mothers. The lake, as I have hinted, was to a considerable depth exceedingly transparent; and as human infants while suckling will calmly and fixedly gaze away from the breast, as if leading two different lives at the time; and while yet drawing mortal nourishment be still spiritually feasting upon some unearthly reminiscence;—even so did the young of these whales seem looking up towards us; but not at us, as if we were but a bit of Gulf-weed in their new-born sight.† (Melville 423). Melville notes that a baby whale will gaze and stare, even with its newborn eyesight, just as a human baby will look up in search for another pair of eyes to stare into. The pregnant whales are compared to women expecting soon to be mot hers and gives a great deal of sense to just how similar the great beast, known as the whale, is to oneself because it is an equal representation of human nature. The instant the whale is interpreted as the human, the whale embodies the human and therefore the symbol of purity and evil intertwine to create a new purpose. The protagonist and antagonist have now almost completely changed positions where the evil of the whale and the horrible speculation that comes along with it can be seen with oneself. The whaler can reflect into himself and see the dark and gruesome work that he has done for the treasure that they claim to be the oil of the well-known sperm whale by traveling across the sea, but in that moment of him gazing into the eyes of the baby whale, he sees the light of the innocent within where he finds that there lies no corruption and decides not to inflict pain because it is pure and unmarked by the evil actions of the whaler. In a certain manner, the whaler finds himself within that baby whale because he considers himself pure and virtuous in comparison to the wicked Moby Dick. The concept of human nature includes that humans are known to be well civilized and act rationally unlike wild animals. The whale, typically known as the immoral figure in the narrative, is changed here because it is replaced with the characteristics of the whaler which is seen as the complete opposite and the same is said for the whaler. If the whaler sees himself in the whale, that signifies that he truly has a dark soul while the whale embodies a counterfeit sort of purity that is interpreted by the whaler himself in the result of his ignorance and supposed absence of wickedness. The whaler is attempting to escape his darkness and the author, Herman Melville, is giving him a fake sense of purity by allowing the innocent whale to become the symbol of the whaler The whale in Melville’s Moby Dick is a powerful representation of a symbol that can efficiently possess numerous possible interpretations as long as the reader is willing and able to produce them throughout the text. The white whale can be interpreted as, the text, Moby Dick itself and it can embody the mirror of oneself. These are solely a couple of examples for the interpretations of the whale that have been demonstrated. Melville’s inclusion of compact details packed within large sentences and, in contrast, short sentences with very direct messages entail the embodiment of the text itself in the white whale known as Moby Dick. When mirroring oneself into the whale, Melville uses the affection of love, which is the most human-like remark that could be used in the sense of nursing mothers for a comparison between the loving human as we know it and the despicable Moby Dick. Ultimately, Moby Dick’s white whale, when made possible by the reader, can be interpreted in a constant amount of appearances that are clear enough for the audience to decide exactly which form is suitable for their understanding in the connotation of, Moby Dick, the white whale.

The Truth About Usc Common App Essay and Responses to Short Answer Topics for Tranfer Stude

The Truth About Usc Common App Essay and Responses to Short Answer Topics for Tranfer Stude You have whatever you need at your fingertips if you opt to take advantage. Every study abroad program differs and there are many variables that may impact transfer credit. Transfer credit from this sort of program also requires an evaluation from our foreign credit evaluation assistance, IERF, and can't be completed beforehand. Therefore, please be sure that you finish your application for financial aid in time. You shouldn't say anything negative about your existing school. The writing components of the application are your opportunity to paint a comprehensive picture of who you should highlight something which might not shine through elsewhere. To begin with, boot up your PC. Usc Common App Essay and Responses to Short Answer Topics for Tranfer Stude for Dummies Our premium plans provide different amount of profile access and data insights that could allow you to get into your d ream school. 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Dabbawalas Performance

Question: Discuss about theDabbawalas Performance. Answer: Introduction The success, efficiency, and performance of a given company depend on many factors. First, it depends on the effectiveness of the system and the way they attend to customers. Every company should have a measure that determines if their performance objectives are met. The company should be able to meet the operational performance goals. These operational performance targets include; costs, quality, flexibility, speed and dependability (Fielt 2011). Dabbawala Service has demonstrated ability to meet these performance goals of operation as explained below. Quality Performance Objective According to researchers, quality is more than just conforming to a given specification. It involves how well a product performs according to the intended function, how the features meet the expected desires and the reliability of that service or product (Fielt 2011). The product or service should meet the customers' needs and should be worth the amount paid (Jacobs and Chase 2013). The services offered by Dabbawala meet quality performance objective because they meet the customer needs. These services meet the intended function because they are delivered between 12 midday and 1 pm which is the time for taking lunch (Slack, Chambers, and Johnston, 2010). Speed Performance Objective Fielt (2011) explains that the speed performance goal refers to pace at which services are delivered to the customers. It depends on how often and rapid the company provides its services. It may also refer to the time the services are received and whether they get to customers on time. Dabbawala meets this objective because of the speed they use in ensuring that the customers get their lunch on time (Slack, Chambers, and Johnston, 2010). They have a schedule that ensures that lunch boxes are delivered on time. These schedules are well outlined, and this makes every person play their role as expected of them. Dependability Performance Objective It refers to the company's operations being dependable. It involves delivering the services on time and conforming to the agreed costs and prices. It also includes the ability of the services meeting their expected use and the consistency of the service over a considerable amount of time. The Dabbawala service has been in operation for a long time now (Slack, Chambers, and Johnston, 2010). The service is said to be reliable because it has a remarkable record that is almost flawless especially when it comes to delivery. Fewer errors are encountered since the workers are accustomed to the local areas they collect from or deliver (Chenet, Dagger, and O'Sullivan 2010). Flexibility Performance Objective It involves being able to adjust to new requirements quickly. The Dabbawala Service is flexible since they can improve their delivery services to new customers (Slack, Chambers, and Johnston, 2010). The fact that the workers know the area well means they can easily deliver the lunch boxes to the new customer without any confusion arising (Kumar, Batista, and Maull, 2011). The schedule also has a range of time meaning you can drop your lunch box between 7-9 am depending on the time of convenience. Cost Performance Objective The Dabbawala service has an excellent price performance in that it has allowed its customers to pay the fee monthly (Slack, Chambers, and Johnston, 2010). It is way better than having to pay the fee daily. It is also cost effective since the customers receive direct delivery and they do not have to travel or take a train to go collect the food (Chenet, Dagger, and O'Sullivan 2010). Dabbawalas Service Dependability The Dabbawala service offers an incredible dependable service. Mumbai being one of the most densely populated city means that traffic jams do occur (Slack, Chambers, and Johnston, 2010). Therefore, Dabbawala saw an opportunity and came up with the brilliant idea of delivering the lunch to the various workplaces. This service is dependable since it ensures that the process is repeated day in, day out (Chenet, Dagger, and O'Sullivan 2010). The service involves delivering the lunch boxes to every individual workers office at lunch time. The boxes are then collected after lunch and returned to homes to wait for the delivery process on the next day. The service conforms to a particular schedule, and this makes it reliable (Kumar, Batista, and Maull, 2011). The boxes are collected within the speculated time, are transported within a particular period and delivered to the customers at the expected time. According to the research done on it, the service has proven to have 99.9999% dependability (Slack, Chambers, and Johnston, 2010). It is a very high value of reliability, and this is what has increased trust by the customers. The service has a well-established record of being almost flawless despite weather conditions in Mumbai that are characterized by the monsoons (Slack, Chambers, and Johnston, 2010). The fact that the service delivers are accustomed to the local areas means that they can quickly identify places of delivery without many errors. They can provide the services to the right customer at the right time without losing time trying to figure out the offices (Chenet, Dagger, and O'Sullivan 2010). They also have a proper time management which has been the key to their success. The company has also incorporated new technology such as SMS and us of their website, and this has increased reliability and dependability from their customers. Main Threats to the Service Despite the services being offered by Dabbawala being dependable, reliable and almost flawless, it has a few loopholes that could result in its downfall (Slack, Chambers, and Johnston, 2010). The most crucial one is the fact that they do not have a system of documentation. Documentation is essential especially when it comes to recording keeping. It enables one to know the number of customers, and their records (Chase 2012). With these records, they can improve their services and know better ways of handling their clients. The fact that the company relies so much on the delivery men means that failure by one to perform their tasks could result in a problem. The company has a lot of customers, and this means that it has to employ many deliverers to ensure efficiency. It could be costly for the enterprise due to costs incurred to pay every deliverer (Chenet, Dagger, and O'Sullivan 2010). However, if for instance, they had an organized system and well-distributed offices, the delivery co uld be improved. Finally, the service is operated by low-tech and little use of modern technology (Slack, Chambers, and Johnston, 2010), which means that if a company using advanced technology could arise, it could give the Dabbawala service a great competition and most customers are likely to shift to the new corporation. The company is unlikely to expand because of the challenges due low-tech. The workers mark the boxes, and this could result in huge errors. The fact that these boxes change hands up to four times could also mean that it might be inefficient (Cho, et al. 2012; Slack 2015). Reference List Chase, J., (2012)Operations management. Tata McGraw-Hill. Chenet, P., Dagger, T.S. and O'Sullivan, D., (2010) Service quality, trust, commitment, and service differentiation in business relationships.Journal of services Marketing,24(5), pp.336-346. Cho, D.W., Lee, Y.H., Ahn, S.H. and Hwang, M.K., (2012) A framework for measuring the performance of service supply chain management.Computers Industrial Engineering,62(3), pp.801-818. Fielt, E., (2011) Business service management: understanding business models. Jacobs, R. and Chase, R., (2013)Operations and supply chain management. McGraw-Hill Higher Education. Kumar, V., Batista, L. and Maull, R., (2011) The impact of operations performance on customer loyalty.Service Science,3(2), pp.158-171. Slack, N. (2015).Operations strategy. John Wiley Sons, Ltd. Slack, N., Chambers, S. and Johnston, R., (2010) Operations Management. Harlow, England: Financial Times Prentice Hall.