Saturday, December 28, 2019

The Islam Means Peace Or Submission - 1919 Words

Research Paper Rough Draft Islam means peace or submission. The followers of islam are called Muslims. Muslims believe that Allah (God) is the only God, is is a monotheistic religion. They also believe that Allah is beyond human comprehension, and we should never try to draw Allah as a being but instead beautiful, yet complicated patterns. Muslims also believe that Allah cannot become human, it is logically impossible, and that there were five prophets who were messengers of him, Noah, Abraham, Moses, Jesus, and Muhammad. Prophet Muhammed was greatly important to Islam. He is believed to be the final prophet, and he showed people the way they should live. One day in Makkah, heavy rain damaged the walls of Kaaba. The black stone fell out the place, and people fell out over who should put it back. Prophet Muhammad decided on a team effort. The Islamic place of worship is the Mosque. Muslims do not have priests or any specific leaders, anyone is open to a sermon. Islam is now becoming i ncreasingly more popular; it is the second largest world religion after Christianity. Some Muslims believe everyone in the world was born Muslim and anyone who becomes Muslim does not convert but reverts. Islam also has the five pillars which are extremely important to Muslims. Islamic views on things like abortion and euthanasia are almost identical to Catholic beliefs, they believe in the sanctity of human life. In order to make freedom for Islam religion, people should not blame IslamShow MoreRelatedPeace can be described as a state of being between groups where mutual respect has lead to sense of600 Words   |  3 PagesPeace can be described as a state of being between groups where mutual respect has lead to sense of harmony and cooperation, both spiritually and physically. This idea is expressed in both Christianity and Islam, with the sacred texts of each, the New Testament and Quran respectively, depicting its own guide towards inner peace for its adherents. In Christianity the idea of peace is strongly linked with the prominent figure of Jesus Christ as a model for all adherents follow. Alternatively, in IslamRead MoreWhat ´s is True Peace? Essay1008 Words   |  5 Pagesdefinition of peace means being free from disturbance. From a biblical perspective, the absence of conflict is only the beginning of peace. True peace includes personal wholeness, righteousness, political justice, and prosperity for all creation. That’s the way God intended things to be when he created his garden, his paradise. â€Å"Peace I leave with you; my peace I give to you. I do not give to you as the world gives.† (John 14:27) The word â€Å"Islam† literally means â€Å"peace† as well as â€Å"submission.† The wordRead MorePeace in Both Christianity and Islam Essays702 Words   |  3 PagesThe definition of peace means being free from disturbance. From a biblical perspective, the absence of conflict is only the beginning of peace. Tru e peace includes personal wholeness, righteousness, political justice, and prosperity for all creation. That’s the way God intended things to be when he created his garden, his paradise. â€Å"Peace I leave with you; my peace I give to you. I do not give to you as the world gives.† (John 14:27) The Islamic perspective is as well about peace and knowledge andRead MoreThe Concept of Peace 847 Words   |  4 PagesFor Muslims peace is not a single dimensional or specific idea. Peace is to be at rest with ones own wants and desires and to have peace with the world around them. There is a mutual relationship between this inner peace and the peace with the wider world. Muslim’s believe that you cannot be at peace with yourself until you are also at peace with others. It will also not be possible to live at peace with others until there is a sense of peace with yourself. In Islam the concept of peace is two-foldRead MoreThe Teachings of Islam653 Words   |  3 Pagesabout Islam, I’m pretty sure you have. People say that Islam tells you have to live your life, but really Islam tells you much more, like how to be nice to people, and what you get for being nice. It teaches you how to be a good person and stay away from bad things. Islam is the most fastest growing religion on the face of the earth. The word Islam means voluntary â€Å"Submission† or â€Å"Surrender† to the Will of God. It derives from the root word â€Å"salam,† meaning peace. A person who follows Islam is aRead MoreChristianity and Islam Share a Common Ground1080 Words   |  4 Pagesvirtue of inner peace refers to the state of being either spiritually or mentally at peace, usually one with the other, with enough understanding and knowledge to keep oneself strong when facing stress or adversity. In the Islamic tradition, the Qur’an contains peace as a common theme, as shown in Surah 2:11 v 244 where it speaks of making peace and doing good needing to be defended against evil above all. In the Bible, of the Christian tradition, there is a deep concern with peace between God andRead MoreReligion and Peace - Christianity and Islam894 Words   |  4 PagesThe message of peace is a fundamental universal concern which is relevant throughout our world today. Peace is not merely the ‘absence of war’, but a state of mind in which a sense of tranquillity comes from actively working towards right relationships with individuals and God. To understand the way in which Muslims and Christians view peace it is imperative to understand the source of the teachings for each religion. The principles teachings of peace for Both Christianity and Islam are primarilyRead MoreIslam Religion Of Peace Or War Essay1445 Words   |  6 PagesIslam a Religion of Peace or War Introduction: After the crisis of 9/11, the religion of Islam has raised a number of controversies. More specifically, the issue of Islam as a harmonious religion or not. In the last fifteen years, after 9/11, there has been multiple disputes among those believing Islam as a religion of peace, and those who believe otherwise. With any debate, numerous questions spring up to force the majority to believe their beliefs are the truth. Some of the questions orRead MoreComparing Christianity and Islam769 Words   |  3 PagesPeace, a state of tranquility and harmony both within one’s self and the world, is more than just an absence of war but rather the creation of a harmonious relationship between the individual, God and their neighbours. Christianity and Islam are both religious traditions that have their sacred texts, the Bible and the Quran and Hadith respectively, as the foundation stones to guiding its adherents to a life of inner-peace. This is achieved through following the prin cipal teachings and taking partRead MoreIslam Vs. Islamism : Islamic Religion1169 Words   |  5 PagesIslam vs. Islamism Since the terrorist attack on 9/11, people all around the world began to raise questions. Scholars, students and even average individuals began to analyze the Islamic religion as a whole. People questioned if the religion was based on peace or cruelty. The spread of Islam began after the death of Muhammad, the last Islamic prophet. Muhammad was born into the most elite tribe in Mecca. During his forty’s he began having visions which led him to search for clarity. It is said

Friday, December 20, 2019

Poverty And Poverty Essay - 785 Words

The interactionist, conflict and functionalist theories have been extensively used to guide the sociological understanding of social problems. The different views presented by these theoretical approaches are critical not only in understanding but also in resolving the various social issues. Poverty presents as one issue that every society has to grapple with given its inherent tendency to pose a threat to not only the poor but to the society as a whole (Mooney, Knox Schacht, 2014). The issue of poverty can always be argued from different sociological perspectives. The functionalist theory claims that social stability is critical and is at the center of adequate socialization and a healthy society. Social integration is viewed as a vital†¦show more content†¦Solutions, therefore, would not seek to adopt any rapid changes or changes intended to change the society’s structure. Any steps to alleviate poverty would, thus, be those bringing about slow changes and targetin g to strengthen critical institutions like the education system and the family to motivate and promote beliefs that would encourage the poor to work their way out of poverty (Barkan, 2012). The conflict theory on its part assumes that social problems are attributable to the perverse nature of societys structure (Barkan, 2012). The problems are mainly an effect of the social inequality based on factors as gender, social class, and race. Solutions to such problems can only be realized through deep social changes targeting to eliminate inequality and promote an egalitarian society. In a departure from the position taken by functionalists, the conflict theory insists on the role of structural changes to society in resolving social problems. The conflict theory would explain poverty as which emanates from the society’s inherent equality. It would result from prejudice and discrimination and the lack of opportunity and jobs among specific genders or groups of people (Mooney, Knox Schacht, 2014). Poverty would thus be a direct consequence of the effects of oppression to a section of the population as the oppressors target to maximize their gains. The awareness of the a buse can onlyShow MoreRelatedPoverty Essay931 Words   |  4 PagesTiara Bradshaw Mrs. Prince ENG 0123 17 November 2017 Poverty is something that many have suffered or still suffer from today. Poverty has changed a lot of lives for many years now. Many countries like the Democratic Republic of the Congo, Liberia, Zimbabwe, and Niger are some of the poorest countries. This affects their education, society, environment, health, children, and even the crime rates. Poverty has become one of the greatest challenges in today’s society and is a major issue thatRead MorePoverty Essay709 Words   |  3 PagesWhen people start to think about poverty their thoughts instantly go towards a basic understanding of its definition. Most think of it as households with less than half of adjusted median disposable income throughout the nation. People don’t understand or think about the other factors that play a role in poverty such as: living conditions, gas rent money, safety, disconnection from society, and many others. Poverty has changed drastically over the years not only from the monetary value of it, butRead MoreInsular Poverty Essay1448 Words   |  6 PagesEnglish 102 Insular Poverty 11/3/2012 Nobody wants to be considered to be below the poverty line. Unfortunately, for fourteen percent of the people in this country, that is their reality. Fourteen percent of the people currently living in the United States’ basic needs for food, clothing, and shelter are not being met. Poverty is experienced at different levels in different parts of the country. The causes and effects of insular poverty are experienced differently in rural and urban areas in theRead More Hunger and Poverty Essay806 Words   |  4 Pages Hunger and Poverty Hunger and Poverty During the course of this particular essay, I will prove to you many points. Maybe not to the extreme that it will change one’s thought processes on the subject of hunger and world poverty, but enough to form a distinction between moral obligation and moral capacity. What I will not mention is the fact that Peter Singer’s outdated material (1971), though thorough in the sense of supporting his view on hunger and world poverty as well as examining this schoolRead MorePoverty and Environment: an Essay on the Poverty-Environment Linkages3673 Words   |  15 PagesPoverty and Environment: An Essay on the Poverty-Environment Linkages Josiah Mwangi Ateka School of Economics , Kenyatta University November 2012 â€Æ' 1.0 Background Poverty reduction and environmental conservation represent two of the main global challenges. The two targets constitute part of the eight Global Millennium Development Goals (MDGs). Arising from the thinking that Environmental degradation and poverty reinforce each other since the poor are both agents and victims of environmentalRead More Combating Poverty Essay1278 Words   |  6 Pages For some poverty is a way of life the day to day struggle of keeping food on the table and clothes on their back. For others it is something that is seen only on television, and even then it is not so easy to comprehend. This is usually the case with families who are well to do and money is not an issue. They may describe the characteristics of poverty as to not have certain materialistic items such as clothes, cars, accessories etc. However to someone living in those circumstances it may meanRead MoreThe Alleviation of Poverty Essay1600 Words   |  7 PagesIntroduction The alleviation of poverty and the increment of growth within a nation, such as ours, are achieved through the dual use of fiscal and monetary policy. The essay will give a brief description of both policies as well as the manner in which they theoretically operate when attempting to achieve their goals. A look at the current policies currently being used in the country and their success will be assessed in comparison with the policy aims. Lastly, a look at whether the current fiscalRead MoreFacing Poverty Essay677 Words   |  3 PagesThe Summary of â€Å"Facing Poverty with a Rich Girl’s Habits† ENG115061VA016-1126-001 (English Composition) July 22, 2012 According to Suki Kim, the author of â€Å"Facing Poverty with a Rich Girl’s habits, learning how to survive physically, emotionally, and educationally in a world that was far removed from the style of life she was accustomed to was one of the biggest challenges of her life. Kim went from having a father who was considered a millionaire, living in a mansion complete with a governessRead MoreEssay on Culture of Poverty5571 Words   |  23 PagesWORKING PAPER SERIES Theories of Poverty and Anti-Poverty Programs in Community Development Ted K. Bradshaw RPRC Working Paper No. 06-05 February, 2006 Rural Poverty Research Center http://www.rprconline.org/ Introduction Community development has a variety of strategies available to meet the needs of those persons and groups who are less advantaged, usually in poverty. Community developers help all communities, but their passion lies disproportionately with people who do not have adequateRead MoreDefining Poverty Essay2155 Words   |  9 PagesWhen it comes to poverty, there is the magnitude of definitions explaining the term. The definition of poverty has important implications from point of view of policy making, politics and academic debates. Each view has its own value judgments and explanations. Over the times, new definitions have surfaced the debates and yet, there is not a single universally acceptable definition of poverty. Definitions usually set the perimeters of the terminology and often subject to limitations and criticism

Thursday, December 12, 2019

Applications of Big Data for Business Model Innovation Sample

Question: Discuss about the Usefulness and Applications of Big Data for Business Model Innovation. Answer: Introduction This particular literature review considers usefulness and applications of big data for business model innovation. This review study used implications of several companies for including big data in Data Driven Business Model (DDBM) implementation. In business model implementation, every organization is considering data is the new oil (Hartmann et al. 2014). In case every startup companies, simple yet effective big data business model can change entire business process. In this study, identified business models can serve for purpose of inspiration and considering new business procedures (Richter 2013). DDBM have several possibilities and potential to test the established sectors for several other extensions as well. In this literature survey, several secondary studies are considered for big data applications in business model incorporation. In the review section, business model framework is defined as in how business entrepreneurs are incorporating them. Prior studies are included in this assessment showing how the outcomes of the studies are contribute to state business model element identification. In later part, big data and its importance is emphasized for analytical discussion. Later, how business model can be benefited, this aspect is demonstrated with DDBM. Finally, the limitations of big data based business model framework are included for study gaps identification. Big Data for Business Model Innovation: Literature Review Existing literature reviews have identified that business models encountered evolution since recent years and e-business strategies becoming popular. Groves et al. (2016) opined that business model frameworks so that concept of business model propose value for functional appropriateness. Moreover, the business models have identified that value proposition is necessary for technology and innovation. Based on the business components, Loebbecke and Picot (2015) demonstrated that business model framework contains major elements as customer, competitors, offering of services, and activities of organizations. Supply factor, resources and production inputs are considered for preparing of business model. However, in case of startup and corporate world, practitioners have proposed other business model so that business model ontology can be applied for DDBM as well. Hartmann et al. (2014) synthesized that business models are major factor for consisting value, process, resource, partner, and cu stomer relationships. Other elements of business model are considered as value chain, value network, and competitive strategy. Schaltegger, Ludeke-Freund and Hansen (2012) claimed that business model framework consists of value preposition / offering services, resources, activity, customer segmentation, and competitors. On the other hand, Carayannis, Sindakis and Walter (2015) depicted that customer relationship, primary partnership options, revenue stream, costing structure, and customer / market segmentation is important as well. In recent years, big data term is most popular and to some extent, some of the entrepreneurs are not yet sure about its exact meaning. The term has some ambiguities as data set and volume besides the typical database software tools. Kastalli and Van Looy (2013) demonstrated that big data as high-volume, high-velocity, high-variety information for creating cost-effective and innovative data processing for business decision-making. Furthermore, big data is defined to pose challenges to integrate different data types and formats so that data velocity can be assessed, speed of data creation can be referred, and data can be processed and analyzed. Minelli, Chambers and Dhiraj (2012) emphasized that demand of new solution in current business model frameworks, is increasing in big data era. Big data can refer to information asset for implications that it can lend impressive value to the organization. Veracity for big data refers to reliability consideration for data type and veracity of dat a is not about data quality; however, it addresses to uncertainty of data as weather forecasting. Collection, storing, and analysis of big data are not effective regarding companies, though companies are interested for creating value proposition. Tan et al. (2015) cited several examples for depicting competitive advantages to data usage and analytics feasibility in certain organizations. Figure 1: The Data-driven Business-model Framework (DDBM) (Source: Hartmann et al. 2014, pp. 11) There are examples such as Wal-Mart that uses big data for business model implementation and incorporation for new and proposed model. Gopalkrishnan et al. (2012) opined that according to main idea behind business model preparation, two fields are considered as in which big data creates value for organizations can be easily identified. Big data can be utilized for incremental business model improvement and current business model optimization for addressing services to the customers. For instance, the services can be offered to optimization of existing services, improving customer relationship, and process of innovation with employee collaboration. On the contrary, Kwon, Lee and Shin (2014) claimed that products and new business models have improvement tendency regarding the data usage. The papers regarding use of data described that in current business, models are often relied on data. However, Chesbrough (2013) cited an exception that some times, business models can be prepared base d on models from partner data domain. Therefore, this finding comprises that business model is dependent over organizational data such as company name, addresses, identifiers, classification codes, and banking information. Wu, Guo and Shi (2013) incorporated their study based on six different organizations for utilization of partner domain information. The DDBM framework is chosen to describe and analyze all these different models. As big data is in early innovation and implementation, still most potential in value creation is unclaimed. Kindstrom and Kowalkowski (2014) identified that industries are on path for rapid change and several new inventions, stakeholders are committed to innovation. Companies and service providers develop proactive measures for achieving initiatives in new business environment. Conclusion This literature review encompasses about the big data for business model implementation. Furthermore, proposed DDBM model is discussed as how it presents framework for allowing analysis of DDBMs. As per other studies regarding DDBM application in business, the studies stated that this framework serves several purposes of innovation with big data. Proposed DDBM framework has benefits of practitioners to work in big data research field. Furthermore, the DDBM framework has outlined dimensions so that architecturally, new business models can be developed for companies. Therefore, DDBM framework requires further research for essential contributions in big data field and regarding research area. References Carayannis, E.G., Sindakis, S. and Walter, C., 2015. Business model innovation as lever of organizational sustainability.The Journal of Technology Transfer,40(1), pp.85-104. Chesbrough, H., 2013.Open business models: How to thrive in the new innovation landscape. Harvard Business Press. Gopalkrishnan, V., Steier, D., Lewis, H. and Guszcza, J., 2012, August. Big data, big business: bridging the gap. InProceedings of the 1st International Workshop on Big Data, Streams and Heterogeneous Source Mining: Algorithms, Systems, Programming Models and Applications(pp. 7-11). ACM. Groves, P., Kayyali, B., Knott, D. and Kuiken, S.V., 2016. The'big data'revolution in healthcare: Accelerating value and innovation. Hartmann, P.M., Zaki, M., Feldmann, N. and Neely, A., 2014. Big data for big business? A taxonomy of data-driven business models used by start-up firms.A Taxonomy of Data-Driven Business Models Used by Start-Up Firms (March 27, 2014). Kastalli, I.V. and Van Looy, B., 2013. Servitization: Disentangling the impact of service business model innovation on manufacturing firm performance.Journal of Operations Management,31(4), pp.169-180. Kindstrom, D. and Kowalkowski, C., 2014. Service innovation in product-centric firms: A multidimensional business model perspective.Journal of Business Industrial Marketing,29(2), pp.96-111. Kwon, O., Lee, N. and Shin, B., 2014. Data quality management, data usage experience and acquisition intention of big data analytics.International Journal of Information Management,34(3), pp.387-394. Loebbecke, C. and Picot, A., 2015. Reflections on societal and business model transformation arising from digitization and big data analytics: A research agenda.The Journal of Strategic Information Systems,24(3), pp.149-157. Minelli, M., Chambers, M. and Dhiraj, A., 2012.Big data, big analytics: emerging business intelligence and analytic trends for today's businesses. John Wiley Sons. Richter, M., 2013. Business model innovation for sustainable energy: German utilities and renewable energy.Energy Policy,62, pp.1226-1237. Schaltegger, S., Ludeke-Freund, F. and Hansen, E.G., 2012. Business cases for sustainability: the role of business model innovation for corporate sustainability.International Journal of Innovation and Sustainable Development,6(2), pp.95-119. Schmarzo, B., 2013.Big Data: Understanding how data powers big business. John Wiley Sons. Tan, K.H., Zhan, Y., Ji, G., Ye, F. and Chang, C., 2015. Harvesting big data to enhance supply chain innovation capabilities: An analytic infrastructure based on deduction graph.International Journal of Production Economics,165, pp.223-233. Wu, J., Guo, B. and Shi, Y., 2013. Customer knowledge management and IT-enabled business model innovation: A conceptual framework and a case study from China.European Management Journal,31(4), pp.359-372.

Wednesday, December 4, 2019

Legal Grounds for Using Force

Question: Discuss the internationally-recognized legal bases for the use of force, including both customary and treaty laws. What does the United States rely on as authority to use force in the Global War on Terror? Answer: Introduction Under both normal and truce laws, there exist certain very specific legal grounds for using force in the relations existing between states. The Charter of the United Nations provides two grounds when a State can use force under international law. These are: Chapter VII enforcement actions under the auspices of the UN Security Council; Self-defense pursuant to Article 51 of the UN Charter. Article 2(4) of the UN Charter imposes a general prohibition on the states from resorting to use force. The charter requires that all states should sort out their disputes in a peaceful manner. It also states that the nations should not use force or yet the risk of use of force against the opinionated sovereignty or the defensive veracity of any other state. This use of force requirement generally refers to an armed force. But there are certain exceptions to this requirement under Article 2(4). These legal uses of force are hereby being discussed. UN Enforcement Action: 1. The UN Security Council: Article 24 provides that the members of the Security Council have the responsibility to strive towards maintaining international peace and security. Article 25 provides that the members are supposed to accept and work in accordance to the decisions taken by the Security Council (Schweigman, 2001). 2. Chapter VII of the UN Charter: It deals with the actions that shall be taken when threat to peace occurs or there are incidents of violation of peace or acts of belligerence. The Security Council can label those acts as illegal and use force to curb them. There are several courses of action that can be taken by the Security Council in this regard. These are: a. Make recommendations as per Article 39; b. Ask the parties to comply with the provisions as given in Article 40; c. Take up diplomatic and economic measures as per Article 41; and d. Enforce military measures in accordance to Article 42. 3. If special agreements remain absent between the Member States, limited actions for enforcement can be taken to secure the environment (Ruys, 2010). a. Regional Organisation Enforcement Actions: Though organisations like the Arab League or the African Union do not possess the authority to use force, yet, they can resort to resolving disputes in a peaceful way. They undergo similar embargo on use of force but have the power to sort out and settle disputes (Gray, 2000). b. Self Defense: Article 51 of the UN Charter provides that all States shall have the right to exercise self defense if case of an armed assail occurring against them. But there are two requirements to justify such an attack. These are of a reasonable necessity and proportionality which in simple terms means that the force should be absolutely necessary to sort out the dispute and at the same time, it should be in proportion to the attack that is posed on them. This self-defense can be individual, collective or anticipatory. The United States relies on the United Nations Charter and the Humanitarian Law as an authority to use force in the Global War on Terror (Gazzini and Tsagourias, 2012). References Gazzini, T. and Tsagourias, N. (2012). The use of force in international law. Farnham, Surrey, England: Ashgate. Gray, C. (2000). International law and the use of force. Oxford: Oxford University Press. Ruys, T. (2010). "Armed attack" and Article 51 of the UN Charter. New York: Cambridge University Press. Schweigman, D. (2001). The authority of the Security Council under Chapter VII of the UN Charter. The Hague: Kluwer Law International.

Thursday, November 28, 2019

Fundamentals of Economics free essay sample

Gross domestic product, National accounts, Value added, Supply and demand, Aggregate supply, Final goods, Economics, Aggregate demand Q. : 1: The manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job, GDP would have been higher, even though the amount of output would have been identical. Why is this? Does this make sense? A. : 1: If a secretary were hired to type the manuscript, they would have had the opportunity to provide a service at a price. We know that each good and service produced and brought to market has a price. That price serves as a measure of value for calculating total output; in this case, the task of completing the typing for this book. GDP is the total market value of all final goods and services produced within a nation’s borders in a given time period. If the job was undertaken by the secretary, the market price of the service provided would have been included in the calculation of the nation’s GDP for that year. We will write a custom essay sample on Fundamentals of Economics or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Because the manuscript was typed by a friend, there was no exchange of money. GDP = C + I + G + (X – M) where; GDP = Gross Domestic ProductC = Consumption I = InvestmentG = Government Spending X = Total value of goods exported out of the nation in the given time period M = Total value of goods imported into the nation in the given time period Because GDP reflects a summation of all individual consumption, investment and trade portions of the economy, the above scenario leads to a cascading impact on the overall GDP. Impact on Consumption: If the secretary received the money for services provided, it would have resulted in increased buying power for them. Increased purchasing power leads to increase in consumption; an important factor in the calculation of a nation’s GDP. Increased purchasing power also creates a positive impact on the standard of living of individuals that can eventually push the demand curve outward. Impact on Government Spending: With the exchange of money for the exchange of services, an element of the entire transaction could have resulted in an increase in the taxes owed to the Government. - Yes, it makes sense that the nation’s GDP would have been higher had a secretary been hired to accomplish the typing of the manuscript for this book. Q. : 3: If gross investment is not large enough to replace the capital that depreciates in a particular year, is net investment greater or less than zero? What happens to our Production Possibilities? A. : 3: Introduction: Changes in real GDP from one year to the next tell us how much the economys output is growing. Net Domestic Product (NDP) equals GDP depreciation on a countrys capital goods. NDP accounts for capital that has been consumed over the year in the form of housing, vehicle , or machinery deterioration. Depreciation, also referred to as capital consumption allowance, represents the amount of capital that would be needed to replace those depreciated assets. Investment: Investment adds to the nation’s capital stock. An increase in capital shifts the aggregate production function outward, increases the demand for labor, and shifts the long-run aggregate supply curve to the right. Investment therefore affects the economy’s potential output and thus its standard of living in the long run. Investment is a component of aggregate demand. Changes in investment shift the aggregate demand curve and thus change real GDP and the price level in the short run. An increase in investment shifts the aggregate demand curve to the right; a reduction shifts it to the left. Depreciation: We routinely use up plans and equipment (capital) in the production process. To maintain our production possibilities, we must at least replace what we’ve used. This value of capital used up in producing goods and services is called depreciation. Gross and Net Investment: As capital is used, some of it wears out or becomes obsolete; it depreciates. Investment adds to the capital stock, and depreciation reduces it. Gross investment minus depreciation is net investment. If gross investment is greater than depreciation in any period, then net investment is positive and the capital stock increases. If gross investment is less than depreciation in any period, then net investment is negative and the capital stock declines. Conclusion: Thus, NDP is the sum total of money value of final goods and services produced in a country on an accounting year excluding depreciation cost. NDP estimates how much the country has to spend to maintain the current GDP.

Sunday, November 24, 2019

Graduate Record Exam Frequently Asked Questions

Graduate Record Exam Frequently Asked Questions Like it or not, if youre applying to grad school the Graduate Record Exam (GRE) is on your to-do list. What is the GRE? The GRE is a standardized exam that permits admissions committees to compare applicants on the same scale. The GRE measures a variety of skills that are thought to predict success in graduate school across a wide variety of disciplines. Actually, there are several GRE tests. Most often when an applicant, professor, or admissions director mentions the GRE, he or she is referring to the GRE General Test, which is thought to measure general aptitude. The GRE Subject Test, on the other hand, examines applicants knowledge of a specific field, such as Psychology or Biology. You will most definitely be required to take the GRE General Test; however, not all graduate programs require you to take the corresponding GRE Subject Test. What Does the GRE Measure? The GRE General Test measures the skills that youve acquired over the high school and college years. It is an aptitude test because it is meant to measure your potential to succeed in graduate school. While the GRE is only one of several criteria that graduate schools use to evaluate your application, it is one of the most important. This is particularly true if your college GPA is not as high as youd like. Exceptional GRE scores can open up new opportunities for grad school. The GRE General Test contains sections that measure verbal, quantitative, and analytical writing skills. The Verbal section tests your ability to understand and analyze written material through the use of sentence completion and reading comprehension questions.The Quantitative section tests basic math skills and emphasizes data interpretation as well as your ability to understand and apply quantitative skills to solve problems. Types of questions include quantitative comparisons, problem-solving, and data interpretation.The Analytical Writing section tests your ability to articulate complex ideas clearly and effectively, examine claims and accompanying evidence, support ideas with relevant reasons and examples, sustain a well-focused, coherent discussion, and control the elements of standard written English. It consists of two written essays: Analyze an Issue Task and Analyze an Argument Task. GRE Scoring How is the GRE scored? The verbal and quantitative subtests yield scores ranging from 130-170, in 1 point increments. Most graduate schools consider the verbal and quantitative sections to be particularly important in making decisions about applicants. The analytical writing section yields a score ranging from 0-6, in half-point increments. How Long Does the GRE Take? The GRE General Test will take 3 hours and 45 minutes to complete, plus time for breaks and reading instructions. There are six sections to the GRE One Analytical Writing section with two 30 minute tasks. This section is always the first a test-taker receivesTwo Verbal Reasoning sections (30 minutes each)Two Quantitative Reasoning sections (35 minutes each)One unscored section, typically a Verbal Reasoning or Quantitative Reasoning section, that may appear at any point in the computer-based GRE revised General TestAn identified research section that is not scored may also be included in the computer-based GRE revised General Test Basic GRE Facts The GRE General is administered by computer year-round.Register to take the GRE at a test center near you.The fee for the GRE is $160 in the US and US Territories, $90 in all other locations.On Test Day arrive 30 minutes early to complete any paperwork. If you arrive late, you may not be admitted and will not be refunded.Bring identification to the test center. Unofficial scores appear on the computer screen following your test. Official scores are mailed to you and the institutions you choose 10 days to two weeks afterward. Plan to take the GRE well in advance of application due dates. Try to take it the spring or summer before you apply to grad school. You can always retake the GRE, but remember that youre allowed to take it only once per calendar month. Prepare well ahead. Consider a GRE prep class.

Thursday, November 21, 2019

CLIMATE CHANGE Exercise Essay Example | Topics and Well Written Essays - 750 words

CLIMATE CHANGE Exercise - Essay Example Australia is trying to minimize the carbon emissions so that it can control the climate changes. The reduction target laid down by Australia is quite possible to achieve in ten years given the budget allocated to the new plans. The basic plan of cutting down the carbon emissions arose when Australia witnessed many droughts and spontaneous weather changes. The decision of cutting down the carbon emissions is quite right but according to some experts the cut in emissions is quite less in comparison to the alarming rates laid down by different environmental agencies. In my view the decision taken by Australia is quite right even though it is not cutting the emissions by a great percentage because if this decision is not taken then the rate of emission would only increase rather than decrease. The approach that Australia has adopted is a realistic one as cutting down the emission by 15% is possible. They have proposed new legislative measures which would hold the industries accountable f or the carbon emissions and have even levied taxes on the sources which are emitting such gases (Australian Government Department of Climate Change 2008;CSIRO 2010; BBC News 2008). Australia has realized the grave danger that the carbon emissions put the state into and have taken a stand on it. By taking an action on reducing these emissions they have urged other developed and undeveloped countries to do the same and make the earth a better to live. If other states do not follow the same schemes put forward by Australia then these spontaneous climate changes would go on with great disasters (BBC News 2008; McCaffrey 2006). Climate change all over the world is alarming not only to the developed countries but also to the undeveloped countries. Bangladesh is one of the examples of undeveloped countries which has realized the potential of emissions and has taken a stand on it. They have proposed