Modeling the Exchange Rate and Balance of Payments Essay

Modeling the Exchange Rate and Balance of Payments - Essay Example Many countries use financial institutions, central banks, to invest in several monetary and financial systems and other resources in their quest to predict exchange rate and determine international trade as well as a balance of payment. Several theories have been forwarded to determine the value of exchange rate and balance of payments, and in this summary, we will discuss the determinants of a balance of trade, the IS-LM-BP approach and the monetary approach in relation to the two (Melvin and Norrbin, 225). The elasticity approach to the balance of trade explains that the economic behavior involves satisfaction of the unlimited wants with limited resources. One effect of this is that consumers and business firms end up substituting the expensive good for the more affordable ones as prices change to stretch their budgets as far as they can. Relative prices normally change relative to demand and supply for individual goods. Such changes may be caused by an alteration in tastes, the method of production, government taxes, or subsidies amongst other possible causes. If the changes concern the prices of goods at home relative to the foreign goods, the international trade patterns may actually be altered. The elasticity approach to the balance of trade involves the way changing of relative prices of the domestic and foreign goods will affect and possibly change the balance of trade. Furthermore, it provides an analysis of how the issue of devaluation affects the balance of trade in relation t o the elasticity of supply and demand for foreign exchange and foreign goods in the concerned market (Melvin and Norrbin 226). The devaluation of a country’s currency domestically normally raises the price of foreign goods in relation to the domestic goods within that country.

Aboriginal Maternal Health and Outcomes Essay Example | Topics and Well Written Essays - 2000 words

Aboriginal Maternal Health and Outcomes - Essay Example Aboriginal and Torres Strait Islander women have shown some improvement in healthcare practices, but the rates are still higher than non-indigenous women. The teenage mothers’ rate of birth was at 18.6% in 2010 compared to 3.4% among non-indigenous mothers. Mothers starting antenatal care at less than 14 weeks increased to 71.3% which was a good sign, but those starting the same care at less than 20 weeks also increased to 84.1% from 74.8%. These percentages are very high compared to non-indigenous percentage of 6.9% from 11.2% (Centre for Epidemiology and Evidence, 2012). This is clear evidence that antenatal care attendance is very poor. There are other high rates or figures measuring Aboriginal and Torres Strait Islander women performance and outcomes in healthcare. These are summarized in the table above.An Antenatal Strategy That Could Be Implemented To Improve Maternal and/or Fetal OutcomesThe poor outcomes can be attributed to culturally unsafe practices, and inequities in service delivery. Kildea and others (2012), evaluated the impact of antenatal care that utilized a combination of cultural practices and standard practice antenatal care, and provided recommendations on what was appropriate. In this research, there was a specialist's antenatal clinic. Since the researchers had established that Aboriginal and Torres Strait Islander women had poor outcomes when it comes to infant mortality rates and the infants’ well-being, this antenatal clinic proved to be very beneficial.

Spss Essay Example | Topics and Well Written Essays - 1250 words

Spss - Essay Example The coefficient of correlation r is 0.004877, which shows a weak positive correlation between the total revenue and C.E.O’s annual salary. If total revenue increases the annual salary of the C.E.O’s also increases slightly. The U.S. Senate passed S. 1023, the "Travel Promotion Act of 2009" (TPA) in September, 2009. TPA calls for the establishment of the Corporation for Travel Promotion as an independent nonprofit corporation to promote leisure, business and scholarly visits to the U.S. In October, the U.S. House of Representatives passed the Travel Promotion Act (H.R. 1035), sending this bill back to the Senate for one last vote. The U.S. Senate finally passed this Bill (78 to 10) on February 25, 2010 and President Obama signed the Travel Promotion Act of 2009 into law on March 4, 2010. This Act calls for the creation of the Corporation for Travel Promotion (now Brand USA) which will allocate financial resources to promote the U.S. as an international destination. The promotion is funded through a matching program featuring up to $100 million in private sector contributions and a $10 fee on foreign travelers who do not pay $131 for a visa to enter the United States. The fee will be collected once every two years in conjunction with the Department of Homeland Security’s Electronic System for Travel Authorization. No money is provided by U.S. taxpayers.  It is estimated that international promotion will generate 1.6 million addition international visitors to the U.S. and create $1.6 billion in visitor spending annually. Japan is targeted as one of the major countries for aggressive promotion by the Tourism Industries Office in the Department of Commerce and Brand USA (the newly created public and private partnership responsible for marketing USA implemented by the Travel Promotion Act). As a tourism market analyst specialized in Japan inbound travel to the U.S., you

Theories of Crime Causation Unit2 IP Research Paper

Theories of Crime Causation Unit2 IP - Research Paper Example Both the individual and society are to be blamed for crime commission because , as much as an individual may or may not wish to commit a crime, there must be some reasons for him to do so, most of which are based on social issues. Research conducted shows that genes play a great in the criminality of a person. This is attributed to the fact that having a genetic makeup or disposition for criminal acts does not determine the behavior of a person but if they are exposed to a criminal environment, then their possibility are higher for participating in anti-social or criminal behavior. This paper will assess the distinct functions that genetics has in the anti-social or criminal behavior. Montangle and Walker used theory XYY to determine how genes contribute to anti-social or criminal behaviors. In their research, they established that twenty percent genotype is the most propellant factor of criminality of an individual. They conducted twin, adoption, and testosterone studies (Siegel, 20 08). The evaluation of behaviors of two identical twins and their fraternal has shown that their criminal rates are high. This led to a conclusion that genetics and environmental factors are the main contributors of criminal behaviors. ... The adoption studies discovered that environment influence makes biological parents and adopted children share common criminal behaviors (Schmalleger, 2012). The research showed that children born from incarcerated females felons or offenders have high rates of criminal convictions than those that were not born from incarcerated females. The study was based on the children who were born from biological fathers with a history of criminal activities. The research found out that those children who belong in a family that the biological father had a history of anti-social or criminality behavior, engages themselves in similar criminal activities (Schmalleger, 2012). The results revealed that there is a heritable factor to criminal or anti-social acts. Further, another finding revealed that if a biological or natural background existed for an individual’s criminality, then there was high danger of anti-social or criminal behavior in children who have been adopted. According to a st udy conducted in Denmark, Bernstein and Cassel, (2007) argues that, it established that children with biological fathers who had history of property crimes were likely to participate in property crimes but not violent crimes. Most researchers have established that genes do determined anti-social or criminal behaviors particularly for property crimes but not for violent crimes (Bernstein & Cassel, 2007). Behavioral genetic established that criminals or felons are genetically predisposed to anti-social or criminal acts. The study established that a change in the structural gene from monoamine oxidase A leads to an acute make up of neurotransmitters linked with the body’s fight or violent reaction to stressful cases (Bernstein & Cassel, 2007). The

Donella Meadows et al. The Limits to Growth Assignment

Donella Meadows et al. The Limits to Growth - Assignment Example Meadows et al. (1972) appear to be in logical congruence with the authors of the text as they agree that these problems are difficult to control and to deal with them exhaustively might take the next one hundred years. The authors also make an interesting proposition as they seek to depict the space-time continuum and its relationship with perspectives created in dealing with the aforementioned global issues. In what the text refers to as the â€Å"human perspectives†, the authors are focused on defining a relationship between personal and family level problems that people seek to address and global problems. As the text puts it, every person needs to focus on finding solutions to his short-term problems, such as looking for food for his family (Meadows et al. 18). At the same time, it is important to focus on the long-term problems that affect us all as humans, such as the possibility of wars and global demand for agricultural products, not to mention how they may affect the short-term efforts, something only a few people do. An important assertion that is presented in the text relating to these issues is that every man has different standpoints regarding time and space, which is the result of differences in culture and past experiences as well as the urgency with which a problem needs to be addressed. However, it appears unfortunate that not many people realize the urgency with which global issues, such as overexploitation of nonrenewable resources, a highly industrialized world, and its impacts on the natural environment, should be addressed (Meadows et al 21). For many people, the higher the urgency of the problem, the more the people that seek to deal with, leaving some of these global problems to just a few individuals who focus on finding a solution to them. The text then suggests a model that is aimed at dealing

Change in Perception and Use of Information from the Internet Essay

Change in Perception and Use of Information from the Internet - Essay Example Reading a book or a long article used to be an easy task to many. The mind would automatically get drawn in into the narrative or argument turns enabling one to read for long periods of time sometimes without breaks. This is not the case now. Concentration gets often lost after a few pages of reading. The mind somehow shuts down and finds an alternative activity to do. Carr explains that long gone is the in depth reading that was the default brain setting. Carr sentiments are a true representation of the present series of events. People have lost interest in in-depth reading, not because they chose to, but because their brains just will not do it anymore (Carr 45). In the past, information got collected primarily by reading. One would have to read a book or the source of information inside out and in some cases repeatedly to lock the information obtained in the brain. This has changed now. One does not have to research or read widely in order to get information. It is all there on the internet. Information gets easily obtained through a click of a button. With a computer and access to the World Wide Web, information is literally on your screen. Sourcing information through the use of technology erodes whatever little that got left of the reading culture.

Reassuring aspects in the three stories Essay Example for Free

Reassuring aspects in the three stories Essay The aim of this essay is to explore the three texts (The Stolen Bacillus, Hop Frog, and The Adventure of the Speckled Band) and to consider which aspects of the three stories affect us, how they influence us, and why they cause concern or console, either disturbing or reassuring us. It is concluded that there are many disturbing and reassuring aspects in the stories dependant on the perspective one may adopt. The word disturbing means to agitate the mind, causing distress, worry, or anxiety. The word reassuring means to restore confidence and relieve anxiety. These two definitions will help me with my investigation by giving me a guideline to work with. To get an understanding as to why different writers may have written the way that they did, I will consider the background information of the period the author was writing in and any aspects which would affect his subject material and style of writing. H. G. Wells was writing at the end of the nineteenth century at a time where there was a rapid social and industrial change, and he had a personal interest in social justice, science and politics. This is reflected in his writing as there is the bacteriologist (relating to science) and the anarchist (pertaining to social justice and politics). These issues in his work would disturb a reader of Wells time because subjects such as the social and industrial changes would be on the readers minds, and therefore cause anxiety if he were to write about them in a negative way. Edgar Allan Poe was expelled from university for drunkenness and debt, and later court martialled from the army for drunkenness again. Poes association with alcohol in real life is reflected in his story which has many references to alcohol within it. These references would disturb readers because Poe would be able to write a distressing truth about the affects of alcohol, because he himself had experienced it, and he wrote at a time when the truth was censored from the public. Sir Arthur Conan Doyle wrote at a time when the British had an empire in India, this is referred to in his story as Dr. Roylott went out to do a medical degree in Calcutta, and also served a prison sentence there. This would provide a factor in the story with which readers may be able to associate with, and would either disturb or reassure them depending on the way theyd previously felt about the empire in India, and how it is depicted in Doyles writing. The settings and surroundings of a story can be used to great consequence when enhancing the effect of a disturbing or reassuring aspect of a tale. Arthur Conan Doyle uses his description of Stoke Moran intelligently in order to increase the disturbing nature of the whole plot of the story. The author uses very gothic features in the Speckled Band. For example, there is reference to the middle ages as Dr. Roylott comes from one of the oldest Saxon families in England which is an illustration of one gothic feature. Another gothic trait is Stoke Morans gloomy setting, the writer depicts: from amid the branches there jutted out the gray gables and high roof tree of a very old mansion. A further gothic characteristic expressed in Doyles writing is the ventilator in Helens room. Secret passages and hidden doors are another common attribute of a gothic story, and the additional detail that the ventilator is mysteriously placed in an impractical position (what a fool a builder must be to open a ventilator into another room, when, for the same trouble, he might have communicated with the outside air! ) gives it another gothic edge as mysteries were a very frequent mark of a gothic tale. In addition to Stoke Morans gothic nature, the fact that the whole place is isolated and has a gloomy history further emphasizes any disturbing aspects introduced by the author. Arthur Conan Doyles descriptions of Stoke Moran are a great example of a dramatic structure used to augment the effectiveness of the disturbing aspects of the storyline when they emerge. This is because Doyle firstly communicates with us subliminally about the disturbing aspects of his tale via his setting descriptions, therefore giving himself some foundations on which to build up a more effective impact on his reader when he wants to disturb them.