Sunday, November 3, 2019

Political Speeches and Press Releases Assignment

Political Speeches and Press Releases - Assignment Example The President did not talk of the need or goal of creating a world without boundaries; in fact, he vehemently recognized and accepted the differences between the people, their cultures, and their faiths (Obama). Instead, he stressed on the need to view one populace as alien or enemies if the other; in essence, he denounced the concept of â€Å"othering† as regards the political and social environment (Obama). He stressed that it was imperative for the global development of the world for countries to exist in peace and to understand that diversity can be used to unify the communities instead of breaking them apart (Obama). He maintained that it was very important for the Oriental countries to decide their leadership themselves and to own their freedom through the process of democracy (Obama), since it was in the vested interest of the American government to bring harmony in the Eastern society so that new market could open up for the American trade, and business could flourish, which would result in the progress and development of the countries

Friday, November 1, 2019

Quantitative Finance 203 Speech or Presentation

Quantitative Finance 203 - Speech or Presentation Example urtosis is given as 4.496>3, this implies that we have a Leptokurtic distribution, sharper than a normal distribution, with values concentrated around the mean and thicker tails. This means high probability for extreme values. In the case of Return on AUD per USD, the kurtosis is given as 8.277>3, this implies that we have a Leptokurtic distribution, sharper than a normal distribution, with values concentrated around the mean and thicker tails. This means high probability for extreme values. In the case of Rateturn onTB Rate, the kurtosis is given as 156.85>3, this implies that we have a Leptokurtic distribution, sharper than a normal distribution, with values concentrated around the mean and thicker tails. This means high probability for extreme values. 5. Under the assumption that the returns of each asset are drawn from an independently and identically distributed normal distribution, are the expected returns statistically different from zero for each asset? State clearly the null and alternative hypothesis in each case. Based on the correlation matrix table given in question 6 above, we can conclude that the assumption of independence is not realistic. There is a positive relationship between Return on AUD per Yen and Return on AUD per UKP; Return on AUD per Yen and Return on AUD per USD and Return on AUD per UKP and Return on AUD per

Wednesday, October 30, 2019

BADM grad assignment Example | Topics and Well Written Essays - 750 words

BADM grad - Assignment Example This is carried out either by making a proposal or provision of other options. Certain tasks are then pressed down to corporate units where there is maximum experience. People with input tasks are later on requested to offer applicable information through efficient decisions based on evaluation of facts, instead of looking for judgment on management. RAPID decision-making model can be used to clarify process tasks and accountabilities the dedication to the point the organization takes action. Good transaction judgment provides a grasp on the trade-offs in accordance with the roles and tasks of all workers in the organization. Roles and responsibilities create an awareness of the group that will fulfill the decision of the organization. The RAPID model is best suited for decision-making teamwork, while the RACI model is best suited for implementation teams. The RAPID model will also focus more on the function of every member in the team while making the decision in order to entice the recruitment of more experienced people. The RACI model intentionally operates within execution plan to initiate numerous downstream decisions that surface frequently. Even though both decision-making models follow al principles concerning assigning of tasks and responsibilities, the high effect of the RAPID model calls for transparency around import ant decision-making roles for all individuals in the team. The IOPT model is a simple instrument that determines that style to be used when creating answers to a survey. The evaluation of the IOPT model involves four styles and patterns. The â€Å"Snowflake† graphic, transparencies, â€Å"your way† table and Chickenpox are the styles employed by the IOPT models. The â€Å"Snowflake† graphic are templates that recognize features linked to different planned patterns. The patterns have been designed to superimpose individual groups’ profiles. These

Sunday, October 27, 2019

Equilibrium Level Of National Income In The Keynesian Cross Model Economics Essay

Equilibrium Level Of National Income In The Keynesian Cross Model Economics Essay National income is defined as the investments and savings in a countrys economy. Keynesian cross model shows the formula for equilibrium national income as; Y= C +I+ G+ (X-M); where Y is the national income, C is aggregate consumption, I is aggregate investment, G is government spending, X is exports and M is imports. The aggregate demand is an upward curve since it is assumed consumers demand more when their disposable income is high. There is a positive relationship between disposable income and consumption and therefore it is true to argue that demand will always increase with increase in disposable income. Aggregate demand also increases as investment increases but is negatively affected if it happens that imports and taxes increase due to rise in investment since they negatively affect the investment level. The equilibrium level is at the point where AD, total demand, is equal to Y, national output. At this point, total supply equals total demand. The major factor leading to a movement towards the equilibrium points is inventory changes as a result of changes in income and production- if it happens that the current output is more than the equilibrium level, inventories will accumulate leading to a cut down in production and thus a downward move towards the equilibrium. On the other hand, with a production level below the equilibrium, there is short of inventories and thus businesses will produce more leading to an upward move towards the equilibrium. If there is a rise in any of the aggregate demand components, C, Ip, G or NX, the demand curve shifts upward. The rises in these components can be as a result of increases in production because of increased optimism about the profitability in the future. This increase will lead to an increase in the equilibrium levels. Similarly, with a decrease in any of the demand components, the demand curve shifts downwards and leads to a decrease in the equilibrium levels. Keynes effect assumes that quantity demanded increases with decrease in price and vice versa. With constant nominal money supply, decreasing price implies lower interest rates and thus higher spending. The major emphasis in this model is that a decrease in aggregate demand can lead to a stable equilibrium with substantial unemployment. Full employment is argued to be arrived at when there are adjustments in the aggregate demand. The equilibrium national income (Y) is as shown in the figure below. At Y, the desired spending curve intersects the total income curve; AD=Y. Aggregate demand AD National income Y Y Keynesian cross model has a number of limitations. The first one is the fact that not all of gross private domestic investment counts as part of aggregate demand (Dolan Lindsey, 1994, p.139). This means that the aggregate demand is undervalued since some investments, which need increase aggregate demand is left out. It is assumed that most of the investment is as a result of general over-production or unplanned inventory accumulation and thus there is always a decrease in national income whenever there is unplanned inventory accumulation. This implies that only the planned investment is included in the aggregate demand. Another limitation is that unlike all other demand curves, which are downward sloping, the aggregate demand curve in this case is upward sloping since it is assumed that an increase in national income or output will lead to increased disposable income and thus increased demand. The last limitation is the fact that the national output curve needs to be steeper than the aggregate demand curve for the two to intersect. This implies that it is assumed that the aggregate demand curve has a positive vertical intercept so as to cross Y curve. In Keynesian cross theory, it is assumed that an economy does not necessary need to have full employment for it to be stable. As it is advocated in classical theories that there should be full employment in the economy to prevent recessions and inflation, Keynes argues that an economy can be stable only when there is adjustment in the aggregate demand. This way, equilibrium aggregate income does not necessary mean full employment. J. M. Keynes supports this argument by stating that, Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as a result of animal spiritsof a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilitiesif the animal spirits are dimmed and the spontaneous optimism falters enterprise will fade and die (Heijdra, 2009, p.25). It should be noted that although Keynesian cross model is simple and easy to understand, its limitations make it unreliable. Its demand curve contradicts with all the other theories.

Friday, October 25, 2019

Summary of Canins Emperor of the Air :: essays research papers

RR - â€Å"Emperor of the Air† Connections Our traditions are what keep families together. From a gold locket to an old photograph, these items are irreplaceable. What they hold to them are memories of those before us and moments in history that have passed. In the story, â€Å"Emperor of the Air† by Ethan Canin, an elderly man is forced to give up the one thing that his family has left behind: a two hundred year old elm tree. It holds the memories of his childhood and still shows signs of life that may still last for years to come. As the story begins, the narrator, introduces himself as â€Å"sixty-nine years old, [who] lives in the same house [he] was raised in, and [has] been the high school biology and astronomy teacher† (3) in the same town. Though he is married, he has no children which gives both he and his wife Vera opportunities to travel the world. However, due to a heart attack, his wife now travels solo because his body has weakened from the occurrence. He often feels lonely because his wife travels for weeks and his only entertainment are stars. A sudden situation erupts between he and his neighbor, Mr. Pike. His neighbor informs the man that he must cut down the old elm tree because it is infected with insects that may cause the tree to fall on his home. However, the man is reluctant in doing so because it is over two hundred years of age and holds value to him. It is considered a family heirloom. In an attempt to preserve the tree’s life, the elderly man combines several poisons and spreads it around the tree. For a short while it actually works, but soon the insects reappear causing the situation to escalate. Mr. Pike with no other alternatives, contacts the authorities and the request to cut down the elm tree is granted. In order to save his tree, the old man decides to take some insects from his tree and spread it to his neighbor’s elm trees.

Thursday, October 24, 2019

Genetically modified (GM) foods Essay

What does a tomato, soybean, and McDonald’s French fry have in common? They are all some of the most commonly genetically modified foods sold on the market today. By using the genetic information from one organism, and inserting or modifying it into another organism, scientists can make food crops stay fresher, grow bigger, and have the crops create their own pesticides. Nevertheless, the technology to modify genes has surpassed its practicality. Genetically modified foods need to be removed from everyday agriculture because of the threat they pose to human health, the environment, and the impact on global economy. Genetically modified (GM) foods could produce new toxic substances, and/or allergens. A gene from the Brazil nut was inserted into the DNA of a soybean plant to increase the nutritional value of the soybean. However, this particular gene in the GM soybean also produced an allergen (a substance that causes allergic reactions in people). Fortunately, the plant was not put into production (McHughen 119). Another example is of a GM tomato called â€Å"FLAVR SAVR†. The tomato is larger, tastier, and stays fresher longer than commercial tomatoes on the market. Combining conventional tomato genes with the genes of an arctic trout produces the â€Å"FLAVR SAVR†. Nevertheless, questions such as â€Å"Will people with sea food allergies be able to consume the tomato?† and â€Å"Will the trout genes in the tomato enable new bacteria growth, and thereby make the tomato hazardous to eat?† have still not been answered. This causes the â€Å"FLAVR SAVR† to be a potential hazard to human health (McHughen 14, 112). Since technology is new with regards to genetics, there is no real way of knowing whether genetically modified foods would take a negative impact on the body. An incident that occurred in 1989 concerning the nutritional supplement L- Tryptophan is one way of testing the long-term effects of a GM food (Background on L-tryptophan and 5-hydroxy L-tryptophan and the eosinophilia myalgia syndrome, U.S. Food and Drug Administration). The manufacturer had apparently altered its manufacturing process to speed up production, and had not realized the toxic side effects. However, it caused a potentially fatal illness called Eosinophilia Myolgia Syndrome in which 37 people died and 1500 more were permanently disabled (Background on L-tryptophan and 5-hydroxy L-tryptophan and the eosinophilia myalgia syndrome, U.S. Food and Drug Administration). Therefore, it was taken off the market shortly after the reports of widespread illness among consumers of the supplement. Another two examples of diseases that have been created by GM crops are glufosinate (Hart 21), which causes birth defects in mammals, and glyphosate (Hart 88), which is now linked to non-Hodgkin’s lymphoma. Therefore, it is evident that the general public is the guinea pig for GM food, and today’s drugs may not be able to combat the diseases that may arise from eating the food. Superbugs are created when genes transfer from one species to another, and if an antibiotic-resistant or pesticide-resistant gene were to transfer from an organism into a disease creating bacteria, then an antibiotic-resistant or pesticide-resistant bug would be created (Miller 83). This applies to bacteria and viruses that are symbiotically related. Gene modification is indirectly making life resistant to diseases, and these bacteria and viruses will adapt to the new form of life and create new disorders. Furthermore, GM crops may make the â€Å"normal† biological pest spray obsolete. This is because pests will soon develop resistance to the spray because of the widespread planting of GM crops. Nevertheless, superbug pesticides have not yet been manufactured, nor have superbug antibiotics been created (Miller 92). Consequently, the health risks for humans through superbug infections or by eating GM food is very serious, and the consequences that may come about have the potent ial to be life threatening. Genetic engineering of food crops has the potential to affect the biodiversity of a region in effectively two ways. First, wild populations of weed may be replaced by GM crop/weed, due to the GM crop spreading outside the crop field and interacting with natural weed and slowly becoming GM weed. Since GM crops are produced to be resistant to pesticides and herbicides, there is the possibility that they could invade wild grasslands and other places and prosper because of these special characteristics. If this happened, the native grasses would be unable to compete and biodiversity would be lost in these regions. Also, many genetically engineered crops contain anti-viral genes and there is the potential that these genes could combine to form new and dangerous strains of viruses, which could destroy specific crops. Although, to date, there is no direct evidence of these occurring naturally, the potential is clearly increasing (UK Agricultural Biodiversity Coalition. What is happening to Agricultural Biodiversity?). The second way in which the biodiversity of a region is potentially affected is by the decreasing crop varieties that are being planted. This is a problem already existing in agriculture today, and results in a loss of genetic variety within crop cultures. Farmers being forced to use only patented seeds are an example of a potential decrease in biodiversity. If traditional seed varieties are used, farmers will be at a financial disadvantage due to better tasting, better looking crops produced by farmers using GM seeds. In the U.S., and some other countries, laws have been passed and are currently in effect stating that the use of non-patented seeds is prohibited. This will restrict the crops to a few species, leaving them more at risk to new pests that may form (UK Agricultural Biodiversity Coalition. What are the underlying causes of the Losses of Agricultural Biodiversity?). The European community is by far the most anti-GM, so to speak, when it comes to the retail of GM food in their supermarkets (Tackling Food Safety Concerns over GMO’s, Consumer attitudes and decision-making with regard to genetically modified food products). Regulations are being imposed on the European Parliament, individual European nations, and some stores themselves have all imposed restrictions on GM foods. Manufacturers must label all foods that might have genetically altered ingredients. This includes food with genetically manufactured organisms, food with an intentionally modified molecular structure, and food that has been isolated for microorganisms, fungi, and algae. Furthermore, the genetically altered food must not mislead the consumer, present any danger to the consumer, or differ from the food that it is intended to replace so that the altered food is a nutritional disadvantage to the consumer (Tackling Food Safety Concerns over GMO’s, Development of meth ods to identify foods produced by means of genetic engineering). This legislation has now created trade barriers for food coming into Europe – some imported food is genetically modified and creates a risk to the people’s health and safety. Nevertheless, because some supermarkets in Europe have decided to be non-GM only, this has created a competitive disadvantage for the â€Å"half†-GM supermarkets. This response to consumer pressure is also having an effect on some companies or countries that cannot meet the legislative needs, and are obliged to lose markets and/or market shares (Tackling Food Safety Concerns over GMO’s, European network safety assessment of genetically modified food crops). If the world finally agrees to the consumption of GM food, European countries will be the last to â€Å"give-in† to the more lenient regulations. If one is to ask a North American if the product he or she is eating contains GM food, he or she will most likely show a blank stare. This is because regulation of GM food in North America is relatively relaxed when compared to Europe (Borger, second paragraph). Since the manufacturer is not required to label their products, the consumer is oblivious to buying GM food at the supermarket. Agriculture and technology are both being heavily invested in the United States. Profit is an important driving force for the developed world, and agricultural exports make up a large portion of exports from the United States (Borger, third paragraph). Since the demand for food is always increasing, the demand to produce more food at a faster rate requires the need for better biotechnology to be put into practice. And because of the lax laws in effect for the United States, and Canada, North Americans are â€Å"in the dark† with regards to what they are eating during their meals. North Americans are not educated about the risks of GM food, nor are they aware of where to find information regarding how much GM food is in their groceries (Borger, 12th paragraph). This poses a serious threat to the potential health of North Americans, as they are nothing but â€Å"lab rats† waiting for their first abnormal â€Å"twitch†. Human health can be seen as the greatest factor when considering the manufacturing of GM food. This is because of the few diseases and viruses that have been discovered which formed through the use of GM food. Also, the potential for new diseases and/or viruses through the use of GM food is increasing, and people are not aware of the risks. Antibiotics or pesticides have not yet been created to combat the superbug, and this is a concern for humans, as it will infect people, and crops altogether. There is a potential for the biodiversity to decrease because of gene transfers from one species to another, creating more powerful crops, which may take over the natural populations of weeds and grasslands. An additional way for the biodiversity to decrease is by farmers planting only a single variety of crop, thus wiping out the varied species needed to keep the diversity within crop fields. Europeans are the most aware of GM food, and are taking the necessary precautions and legislative actions to protect themselves against the use of GM food. However, North Americans are the least aware of GM food, and their government has not yet educated their citizens on the risks of GM food. There are too many risks involved in the use of GM food, and its removal from the agricultural and biotechnological industries will benefit human health, the environment, and global economy.

Wednesday, October 23, 2019

Book Report

The book under analysis is the work by Frey James My Friend Leonard. This choice was spurred by controversial reaction it provoked among the public and literary critics. This novel is, actually, a sequel to the book A Million Little Pieces published a year before. The genre of My Friend Leonard may be defined as a memoir though, as the author himself admits, it contains a certain degree of fictional elements. Frey James is an extraordinary figure in modern American literature. His own biography of a person who experienced problems with alcoholism, drug addiction, and even being a convicted criminal provides Frey with the manifold material which he successfully employed in the memoir. The main character of the memoir is obviously author’s namesake James who serves time in a prison. After jail release James returns to Lilly, his girlfriend, to Chicago but the life outside the prison is far from harmony. James finds his girlfriend dead after committing a suicide overnight. Being struck by this dreadful discovery the main character still does not go to seeds; he decides to stay in Chicago and takes up job of a bouncer in Chicago pubs. However feeling of rage and the weight of reality makes James be scared of relapse thus he appeals to his old friend Leonard. Since their meeting the story assumes its main plotline – the relations between two men, the relations which border upon the friendship and father-son bonds. Leonard is an Italian mobster who offered James to be his â€Å"stepfather† when they both where in rehabilitation: â€Å"I would like you to be my son.† Leonard gladly relieves his friend and â€Å"son† and helps him to get him on his feet. As the time lapses the scene of action together with the main character transfers from Chicago to Los Angeles. James changes his activity. Now he is a writer. He still maintains close relationship with Leonardo, who remains his faithful friend and tutelary father. The relations that develop between them are presented from deeply psychological side. The author aims to show the deep feeling of people who far from ideal figures still are human and exhibit the best example of the relations called friendship. The depiction of feelings expressed to animals is as masterfully executed as the feelings among humans. Thus while reading the passage where James takes his dog to the hospital to put it to sleep and the farewell scene makes the reader feel the same emotions. â€Å"The vet inserts the needle, depresses the plunger. Cassius yelps like a little puppy, my big tough pitbull feels the sting, I hold him as his blood courses through his veins I hold him as he stumbles, as he falls, I hold him as he dies. I look into his eyes and I tell him I love him and I’ll miss him and I’m so so so sorry. He dies in my arms and I hold him and I cry, I cry, I cry.† Returning to the main character and his friend Leonard we witness how their relations arise to its peak point and suddenly Leonardo vanishes. After insistent search James finally finds Leonard and learns that Leonard is gay, suffers from AIDS, and lives his last days. James remains with him and spends these few days near Leonard. Speaking about the mood left after reading the story, it is a deep impression created by its emotionality and at the same time this emotionality at some moments seems exaggerated not typically for that kind of genre. Nevertheless the style does not allow the story turning into melancholy narrative. Frey writes in short simple sentences, often neglects punctuation and thus creates easy reading that develops fluently. As a result we receive favourably distinguishable prose in the genre of memoir but with flavour of captivating fiction. Reference: Frey James (2005). My Friend Leonard. New York: Riverhead.