FOREIGN TRADE POLICY AND THE IMPACT ON AGGREGATE E Essay Example For Students

FOREIGN TRADE POLICY AND THE IMPACT ON AGGREGATE E Essay XPENDITURES AND EQUILIBRIUMFOREIGN TRADE POLICY AND THE IMPACT ON AGGREGATE EXPENDITURES AND EQUILIBRIUMThere are two types of aggregate expenditures: Autonomous and InducedAutonomous expenditures are not influenced by real GDP. Induced expenditures are influenced by real GDP. Actual aggregate expenditure is always equal to real GDP. Equilibrium expenditure is the level of planned aggregate expenditure that equals real GDP. We will write a custom essay on FOREIGN TRADE POLICY AND THE IMPACT ON AGGREGATE E specifically for you for only $16.38 $13.9/page Order now Net export expenditure reflects the international linkages based directly on service and merchandise flows across borders, and indirectly reflects capital flows into and out of a particular country. U.S. foreign trade and global economic policies have changed dramatically during the past two centuries. Since the Great Depression and World War II, the country has sought to reduce trade barriers. U.S. trade deficits have grown larger since the 1980s and 1990s as the American appetite for foreign goods has outstripped demand for American goods in other countries. The United States has not always been an advocate of free trade. At times throughout history, the country has had a strong impulse toward economic protectionism by using tariffs to limit imports of foreign goods in order to protect American industry. A big factor leading to the U.S. trade deficit was a sharp rise in the value of the dollar in the early to mid 1980s. This made U.S. exports more expensive and foreign imports into the United States cheaper. The dollar appreciated because of the recovery from the global recession of 1981-82, and in huge U.S. federal budget deficits which created a significant demand in the United States for foreign capital. That, in turn, drove up interest rates, and led to the rise of the dollar. Exports are determined by international prices, trade agreements, and the real GDP of foreign countries. All things being equal: the higher foreign prices, the more liberal trade agreements and the higher the real GDP of foreign countries, the higher the exports become. Exports are autonomous of real GDP. Imports are determined by international prices, trade agreements, and the real domestic GDP. All things being equal: the lower foreign prices, the more liberal trade agreements and the higher domestic real GDP, the higher the imports become. According to a recent article in Washington (Reuters), dated November 13, 2004, written by Jonathan Nicholson, a tax aimed at boosting savings, holds promise. This is in response to President Bush and one of his ideas to get the economy moving again. Bush is currently proposing to reform the tax code. One idea is The Unlimited Savings Allowance Tax (USA), which is a form of consumption tax. This tax reform would be to encourage people to save or invest money and in return, they will not have to pay taxes on this income until they decide to spend the money. When people save or invest their income, revenue raises. When you save and invest, you are using aggregate expenditures. Aggregate expenditures are planned expenditures. They equal consumption plus investment plus government spending plus net exports, the same as GDP except that they are planned. When the government makes changes in taxes, such as the USA tax, it is planned in an effort to boost the economy or slow it down. Since t he United States is currently is in a deficit, the economy is not at equilibrium and it needs a boost. If the USA tax did become in to effect, the purpose would be to encourage saving and investing, which would be considered an injection that would increase autonomous aggregate expenditure. The money saved would generate funds that businesses could borrow and use for investment purposes. The USA tax is only one of the ideas currently under discussion in President Bushs reform of the tax code. If it works out, it could be helpful in raising the equilibrium level of real GDP.

Management of Café Zeytin

Customer segmentation Zeytin is a Turkish cafà © and restaurant which is located on 285 Church Street in Parramatta (Discover Parramatta 2011). The cafe and restaurant mainly serves Turkish food that includes dips, entrees, chicken, meat dishes and seafood. Other than the food, the restaurant also serves shisha and alcohol. Zeytin offers affordable and extensive meals to its customers.Advertising We will write a custom report sample on Management of Cafà © Zeytin specifically for you for only $16.05 $11/page Learn More On the other hand, some observations have been made on the customer segmentation and the customer care service of the Zeytin restaurant that the restaurant has failed to make great strides in these areas. The current report is an attempt to analyze the observations giving the effects it has and what is needed to ensure that its revenues are maximized. Customer service The Zeytin restaurant serves traditional Turkish foods and alcohol and this has seen it attract a wide range of Arabic and Turkish customers. The area is surrounded by the Arabs who are fond of the traditional food. As a result, this presents the restaurant with an opportunity to open up more restaurants in the area to cater for this group of consumers. This could increase the revenues of the restaurant. On the other hand, the customer service is not that attractive. As per the observations, the waiters and waitresses have little knowledge on the food available in the restaurant as they have to check with the cooks first. Lack of the required information made them appear unprofessional. Services offered in the restaurant were inconsistent as the time that lapsed between order and delivery was long. They served wrong beverages and did not show a bit of customer care service ethics and courtesy. Poor customer service has the capacity of reducing the returns and increasing the costs to an organization (Price David 2008). It also has the capacity of keep ing customers away which negatively affects the revenue (Phillips 2005). This can be prevented through proper customer care services which ensure that the revenues of the restaurant are improved. Recommendations Based on the observations, the segmentation and customer service in the restaurant is not well organised and could affect the revenue. This will eventually increase the profits of the restaurant. Customer service can be improved through training of the employees on fulfilling the customers’ satisfaction and their expectations (Leland Bailey 2006). This would retain and attract more customers to the restaurant.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More They also need to be trained in service management so as to increase their focus on the customers (Leland Bailey 2006). Customer service should be accommodative, time conscious, knowledgeable and courteous to the custom ers. Better customer service reduces costs; increase the value of the brand, and boosts revenues (Price David 2008). Customer segmentation involves a wide range of spectrum in which the customers are grouped to maintain them and increase the market share (Philips 2005). Based on the observations, the restaurant has potential customers. It can improve its segments to accommodate more Arabic customers thus improving revenues through the maximization of profits. The restaurant can open new hotels to accommodate the Arabs thus increasing revenues. The hotel needs to accommodate the proposed recommendation on the customer service and market segmentation. This would reduce the operative costs and increase the revenues of the restaurant. It would also increase customer loyalty and increase market share thus improving the revenues. References Discover Parramatta 2011, ZEYTIN Turkish Cafe Restaurant. Web. Leland, K Bailey K 2006, Customer Service for Dummies. 3rd ed. Wiley, Hoboken, N.J. Phillips, R 2005, Pricing and Revenue Optimization. Stanford Business Books, Stanford.Advertising We will write a custom report sample on Management of Cafà © Zeytin specifically for you for only $16.05 $11/page Learn More Price, B David, J. 2008, The Best Service is no Service: How to Liberate Your Customers from Customer Service, Keep Them Happy, and Control Costs. Jossey-Bass, San Francisco. This report on Management of Cafà © Zeytin was written and submitted by user Casey Carter 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.

101 Distinguishing “They Say” and “I Say” Professor Ramos Blog

101 Distinguishing â€Å"They Say† and â€Å"I Say† Chp 5, â€Å"And Yet† Quick Write Chp 5, â€Å"And Yet† Distinguishing What  You  Say from What  They  Say Chapter 5 (p. 68) introduces you to the term  voice markers  in order to help you distinguish the â€Å"I say† from the â€Å"They say.† This is a very important move since we are now including the â€Å"They say† in your writing. If you do not do this clearly, the reader will be confused as to your position and you may seem to contradict yourself. The templates help you with specific ways of signaling who is saying what, and to embed the voice markers. Being able to distinguish your own view from the common view is a â€Å"sophisticated rhetorical move.† Using â€Å"I† or â€Å"We† The chapter also covers using the first person in academic writing, â€Å"I† or â€Å"we.† You have likely been told to not or never use the I in college writing. The book argues that well-supported arguments are grounded in persuasive reasons and evidence, not in the use of nonuse of pronouns. The Politics of Food RADLEY BALKO, â€Å"What You Eat Is Your Business†Ã‚  [p. 651]  JOURNAL 8 DAVID H. FREEDMAN, â€Å"How Junk Food Can End Obesity†Ã‚  [p. 681] Specific Research Questions The topic or issue will help narrow down what you can research for your report. A specific research question will help focus your research to a specific area. A broad question like â€Å"What is global warming?† is way to big to write about and try to research in our time allotted. Plus, that one has already been answered. A better, more narrow question on this topic would be, â€Å"How does global warming affect the California shorelines?† This research question narrows down a broad topic and connects it to you. If you are a Business major, you might want to ask, â€Å"What are carbon credits, and how might they affect the California economy?† This question connects your interest or topic to your major. Report Purpose and Topic Answer questions. Review what is already known about a subject. Report new knowledge. Free Write What topic are you considering? From the three choices above, which one do you think best serves your topic? Write everything you know about the topic. Write for 5 minutes without stopping. Write sentences, bullet points, words, examples, etc.; anything that comes to mind regarding your topic.

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buy custom Research Essay Formal Outline essay Thesis statement: in the next ten years, there is a high possibility that the United State will not be depending on oil as a fuel. Drilling location in the United states are likely to became unfavorable. Oil reserves in the United States have caused challenges to the government. Some drilling points have shown sign of reduction in the volumes of crude oil being mined. Recent accident in the oil industry has proved that oil drilling can be dangerous. An explosion in the BP drilling platforms killed workers and caused a lot of loss. The number of drilling places cannot fully support the need for oil for the whole of the United States. There are fewer drilling places that cannot support the oil demand for the United States population. New inventions in the automobile industry is likely to replace the use of oi. Research is underway to develop automobiles that do not rely on oil. Scientists are working on cars s that would need hydrogen rather than oil. Concerns have been raised on the role of the automobiles in air pollution and this is likely to cause the disuse of oil in American are increasingly being aware of the need to conserve their environment. The quality of air as a result of pollution is worrying many people who think that something must be done about it. The environmental impact caused by explosion in the BP drilling platform caused a huge public outcry. The price of oil is set to increase and this will reduce its importatio. The price of oil in the international market is volatile and keeps fluctuating from time to time Unrest in oil producing areas like Iraq and Libya are likely to drive the cost of oil per barrel to a level that it will be too expensive to use oil. Buy custom Research Essay Formal Outline essay

Genetic Engineering Essay Example | Topics and Well Written Essays - 250 words

Genetic Engineering - Essay Example Insulin is usually secreted by the pancreas in order to regulate sugar levels in the body; however in patients with diabetes, this does not occur. There are many advantages to genetic engineering in that it gives scientists greater control over the type of gene which is being encoded for. Scientists can also control the rate of production which can be accelerated unlike its natural counterparts. It works through plasmid recombinant technology. First, enzymes are used to isolate the human gene which encodes for the production of insulin. Then, this â€Å"sticky† fragment is inserted into a plasmid, which is a circular piece of DNA in a bacterial cell. Then, the bacteria are stimulated to reproduce and they undergo mitosis, meanwhile replicating the human gene along with its own. Then, the insulin is produced by the bacteria which can be harvested and administered to the population in large quantities, quickly and efficiently (Watson 456-58). This is only one aspect in which gen e manipulation technology has influenced pharmaceuticals and the daily life of diabetics. Gene technology has also been used in other applications of medicine such as in gene therapy, cancer research, and genetic counseling. All have been made possible by the technological advances.

Sacred place Research Paper Example | Topics and Well Written Essays - 250 words

Sacred place - Research Paper Example Consider the difference between a contemporary Catholic Church and the traditional sacred places indicated in the Holy Bible. Sacred places have been part of human life as proven by history. They serve as houses for religious rituals and places for professing beliefs. They cater the traditions that take care of the morality of mankind through ages. Also as the time passed by, various changes happened in the world and sacred places also evolved together with the modernization and civilization of men (Olsen, 2000). Normally religions make use of a guide book that they consider holy or a book that contains the Truth or message of supernatural beings. Usually myths or stories are seen in the book of each religion and later on during the ceremony of the faithful, a certain spiritual leader reads and explains the stories and myths in the book. It is done for the cleansing of the soul as all religions address the concept of spirit or the spiritual nature of human beings (Nye, 2004). In relation to rituals and the history, sacred places change in terms of structure. Ancient sacred places are usually one with nature like mountains, caves, piled stone or near trees and river. Ancient people also built temples for rituals and for communication improvement of the soul with the humanity. As the time goes by, the old temples and natural sacred places are replaced by religious centers located in the cities and buildings (Olsen, 2000). A good example is the Catholic Church and its origin can be traced back from Judaism, a religion in Israel and Jerusalem. Jerusalem is considered as the City of God as verses of several books in the Holy Bible show. Other sacred places of the religion are Mt. Sinai, Rome and places that are not physically visible today like Heaven and Garden of Eden (Holm and Boker, 1994). In order for the believers to understand the message of God, religious centers called churches are built where the members of the religion can practice

English 101 Coursework Example | Topics and Well Written Essays - 250 words

English 101 - Coursework Example ther side, the critics strongly raise their voice to mark the nuclear power as extremely dangerous and a declining energy source because of decreasing proportion of its production. They point to the problem of storing radioactive waste that has a high risk for severe radioactive contamination and the possibility of nuclear proliferation. So it is certainly a critical debate. We can see these rhetorical effects of the positive and negative attitude towards nuclear power. Although nuclear power plants have a past record of safety and efficiency with discharging no green house gases in the atmosphere, the question is why the number of plants in U.S.A has been declined in the past few years and the percentage of electricity from nuclear power is not as high as that of other countries like Japan, France. It is said that the industry has been declined because of fierce emotional resistance to this unreliable technology that has a great potential of accidental deadly radiation. Is it merely an emotional matter to protest against this serious matter? The fact is why it would be unreliable technology when it has efficiency, sustainability and safety of operation. So it can be said that it is the misuse of this technology which can be turned in to the global threat. The most funny thing is that still there is no initiative to invent the new technology to dispose the plants’ radioactive waste. So although it is not producing green house gases but its unmannered waste is seriously dangerous for public health and safety.At last it is also mentioned that the vice president Dick Cheney emphasized on building new nuclear power plants, but it is not a fun to build new nuclear power plants in a short