Midterm 2 with Solutions Econ311 Free Essays

string(57) " This is one of the critiques of the Solow growth model\." Intermediate Macroeconomics 311 (Professor Gordon) Final Examination Fall, 2009 YOUR NAME:________________________________ INSTRUCTIONS 1. The exam lasts 2 hours. 2. We will write a custom essay sample on Midterm 2 with Solutions Econ311 or any similar topic only for you Order Now The exam is worth 120 points in total: 30 points for the multiple choice questions, 60 points for the analytical questions, and 30 points for the essays. 3. Write your answers to Part A (the multiple choice section) in the blanks on page 1. You won’t get credit for circled answers in the multiple choice section. 4. Place all of your answers for part B in the space provided. 5. You must show your work for part B questions. 6. Write your essays with a pen. Write clearly! 7. Good Luck and Happy Holidays! PART A (45 points) Choose the ONE alternative that BEST completes the statement or answers the question. Your answers must be in the space provided below. USE CAPITAL LETTERS. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | PART B (45 points) Please show your work and write down the formulas you use for partial credit. Question 1 (5 points) (a) What monthly rate of inflation causes the price level to increase by a factor of 5 (500 percentage points) over a year? (2 points) (HINT: Use the LN and EXP formulas from Chapter 9, Problem 2, further examples of which were presented in lecture on November 11). Using the log formula: p = 100*log(5)/12 = 13. 4%. b) If the rate of monthly inflation is 25%, by what factor would prices have risen over a year? (3 points) Let’s call the initial price level P0 and the price level at the end of the year P12 25 = 100*log(P12/P0)/12 P12/P0 = exp(25*12/100) = 20. Question 2 (10 points) Consider an economy where inflation expectations are given by the equation pet = . 4 pt-1 + . 6 pet-1 . Also assume that when the log of the output ratio increases by 1 points, inflation increases by 4 points. a) Write down the SP equation, both its general form and its specific form with these particular parameter assumptions inserted. (2 points) pt = pet + gYt-1 + zt = . 4pt-1 + . 6pet-1 + 4Yt-1 + zt ) Write down the DG equation (no need to derive anything, just write it down). (1 point) Y = Y-1 + [pic] – p c) Combine the SP and DG equations to express p as a function of pt-1, pet-1, Yt-1,[pic]t, and zt. (2 points) (HINT: Your answer must have p on the left side of the equation and terms not including current p on the right side, with all the relevant parameters inserted and solved out. ) p = 0. 4p-1 + 0. 6pe-1 + 4Y + z = 0. 4p-1 + 0. 6pe-1 + 4(Y-1 + [pic] – p) + z 5p = 0. 4p-1 + 0. 6pe-1 + 4Y-1 + 4[pic] + z p = 0. 08p-1 + 0. 12pe-1 + 0. 8Y-1 + 0. 8[pic] + z For the remainder of the problem, assume that in period t=1 the economy has values given by: p0 = 3pe0 = 3Y0 = 0 ) Suppose there is no supply shock in period 1 (z1 = 0) and that [pic]1 = 5. Solve for period 1 values p1 and Y1. (2 points) p1 = 0. 08(3) + 0. 12(3) + 0. 8(0) + 0. 8(5) + 0 = 4. 6 Y1 = 0 + 5 – 4. 6 = 0. 4 e) Suppose instead that there is a period 1 supply shock that increases the value of z from 0 in period 0 to 1 in period 1. Find the period 1 values p1,[pic]1 and Y1 as well as the expected period 2 inflation, pe2, if the government adopts an accommodating policy. (3 points) Accommodating Policy means Y1 = 0, so from the DG equation p1 =[pic]1 and from the SP equation: p1 = . 4(3) + . 6(3) + 4(0) + 1 = 4 = [p ic]1 pe2 = . 4(4) + . 6(3) = 3. 4 Question 3 (15 points) Consider a country whose Central Bank issued 100$ of High-Powered Money (H). Citizens’ cash holdings (dollar bills) amount to 10% (. 1) of their deposits while each commercial bank has to have reserves for 15% (. 15) of the volume of deposits. a) What is the level of deposits? (2 points) D = H/(c+e) = 100/(. 1+. 15) = 400 b) What is the level of the Money Supply defined as dollar bills and deposits? (3 points) M = (1+c)D = 1. 1*400 = 440 c) Suppose the Central Bank wants to increase Money Supply to 528. How many extra units of High-Powered Money do they have to circulate? (4 points) M = (1+c) H / (c+e) 528 = 1. 1 H / . 25 H = 120 So they should print 20 extra units of H ) Assume now that the Central Bank still wants to set the Money Supply to 528 but the Government forbids them from printing High-Powered Money. What option is left to the Central Bank? (Hint: restrict your attention to this simplified model where there is nothing like direct lending or any other exotic policy) (2 points) Change the reserve requirement e) Given your suggested policy, which of the parameters of the model would they be changing? To which new value? (Remember that here H=100 and cannot be changed by assumption and M=528) (4 points) M=(1+c) H / (c+e) 528=1. 1 * 100 / (. 1 + e) e=. 1083 = 10. 8% Question 4 (15 points) Consider two nations, Richland and Poorland. Both nations have the same Cobb-Douglass production function, Y=AKbN(1-b). Let Poorland have an economy with technology level A=18, capital elasticity of production b=(1/3), population growth rate n=. 13, capital depreciation rate d=. 07, and savings rate s=. 3 a) Rewrite the production function as a function relating Y/N and K/N. (2 points) Y/N = A(K/N)b = 2(K/N)(1/3) b) Solve for the steady state values of the capital-labor ratio (K/N) and per-capita GDP (Y/N). (6 points) s(Y/N) = (n+d)(K/N) sA(K/N)b = (n+d)(K/N) (K/N) = [sA/(n+d)]1/(1-b) (K/N) = [. 1*18 /(. 2)]3/2=27 (Y/N) = (n+d)(K/N)/s (Y/N) = (. 2)(27)/. 1=54 c) Richland has a per-capita GDP that is triple that of Poorland. Given hat Richland has the same production function as Poorland, the capital-labor ratio in Richland is what multiple of the capital-labor ratio in Poorland? (In other words, if Poorland has a capital-labor ratio of K/N= x and Richland has a ratio of K/N= y, what is y/x? ). (3 points) [pic] d) Compute the ma rginal products of capital in the two nations. (3 points) MPK = b(Y/N)/(K/N) MPKA = (1/3)(54)/(27)=2/3=. 6667 MPKb = (1/3)(162)/(729)=2/81=. 0247 e) Judging from your answer in part (d), does the Solow model predict that poor countries have a higher or lower rate of return on capital? (1 point) The Solow model predicts a higher rate of return for poor countries. This is one of the critiques of the Solow growth model. PART C (30 points) WRITE YOUR NAME AND ID NUMBER ON YOUR BLUE BOOK. As stated on the syllabus (p. 3) and in numerous in-class and e-mailed reminders, you must write your answers in pen not pencil. This is a single multi-part essay question. You should write in your blue book for 30 minutes. 1. Write a coherent essay on the causes of the 2008-09 recession and on the policy responses to this event. Your essay should cover the following specific points a. First, establish the facts. What were similarities in the duration and magnitude of the 2001 recession and subsequent recovery as compared to the 2008-09 recession and recovery so far? Include comments on GDP, the GDP gap, labor market variables, and any other distinguishing features of these two episodes. b. What were the most important causes of the 2008-09 recession? Include comments on which causes were the same as in the 2001 recession, and which were different. c. In what sense, if any, did monetary or fiscal policy partially contribute to the causes of the 2008-09 recession? d. Evaluate the response of monetary policy since early 2008. What were the similarities and differences between this response and the monetary policy response to postwar recessions in 2001 and earlier? What aspects would you praise or criticize? e. Evaluate the response of fiscal policy since early 2008. What aspects would you praise or criticize? Multiple Choice Questions Make sure to write you answers on the blanks on page 1! 1. The current account includes all of the following except: A) net exports B) net income from abroad C) net unilateral transfers D) foreign direct investment 2. In what way was the international economy cited as a source of the U. S. housing bubble in 2003-06? A) cheaper prices of imported building materials B) support of dollar by foreign central banks C) immigration of skilled foreign construction workers D) high pay of top executives of foreign investment banks 3. Which of the following were not cited in the course as a reason for France and other European nations to be reluctant to endorse an Obama-like fiscal stimulus for their own countries? A) high unemployment in Europe B) low fiscal multipliers C) social welfare system D) unemployment insurance system 4. Suppose we have an economy in which G = 1100, t = 0. 26, Y = 3800, and YN = 4000. At Y the difference between the actual deficit and structural deficit is A) 60. B) 112. C) -172. D) -112. E) 52. 5. The failure of U. S. net exports to improve dramatically in the mid 1980? s despite the weakening of the dollar suggests that A) U. S. industries supply of competitive goods was inelastic over the period. B) LDC debt repayment schedules and lack of financing kept U. S. exports low. C) NCIs maintained fixed exchange rates vis a vis the dollar and U. S. exports low. D) All of the above. 6. In the reading period assignments from the Economist, the United States is faulted relative to Europe and Japan for each of the following reasons except: A) labor and capital markets B) primary and secondary education C) personal saving rate D) infrastructure 7. In the reading period article about France, the French are praised for each of the following reasons except A) infrastructure B) household debt C) output growth rate D) medical care system 8. The mechanism of ? international crowding-out? s that a government budget deficit ________ the domestic interest rate, which makes the dollar ________ expensive for foreigners, which then ________ net exports. A) raises, less, lowers B) raises, less, raises C) raises, more, lowers D) lowers, less, lowers E) lowers, more, raises 9. Which of the following e ffects takes place as a result of automatic stabilization? A) extra tax revenues are generated in a boom. B) tax revenues remain constant during a recession. C) leakages increase during a recession, helping to stimulate the economy. D) Both A and C are correct. 10. If the Federal Reserve intervenes in the foreign-exchange markets and buys foreign currencies A) the U. S. oney supply rises and foreign currencies depreciate. B) the U. S. money supply falls and foreign currencies depreciate. C) the U. S. money supply rises and foreign currencies appreciate. D) the U. S. money supply falls and foreign currencies appreciate. 11. Activists-believe that AD is unstable because A) business and consumer attitudes and expectations shift. B) monetary policy is variable. C) fiscal policy effects are unpredictable. D) Both B and C are correct. 12. Assuming constant wages implies that A) an increase in the price of goods raises profits and SAS is vertical. B) a decrease in the price of goods lowers profits and SAS is horizontal. C) an increase in the price of goods lowers profits and SAS is vertical. D) an increase in the price of goods raises profits and SAS is positively sloped. [pic] 13. Consider the above figure with equilibrium initially at E0. If the money supply is increased and prices are flexible, in the short run prices and output will ___. In the long run output and prices will ___. A) be as at E2; return to E0. B) be as at E1; be as at E2. C) be as at E2; be as at E3 D) be as at E2; be as at E1. E) be as at E1; be as at E3. 14. According to the readings, a common feature of the Great Depression and the recent economic crisis was A) mortgage credit B) deposit insurance C) unemployment rate D) monetary policy 15. The sources of the current problems of running monetary policy are often cited as A) Quantitative easing B) Zero lower bound C) Excess bank reserves D) A) and B) E) B) and C) 16. An acceleration of nominal GDP growth from, say 4% to 6% will A) permanently raise the rate of inflation. B) temporarily lower the rate of inflation. C) leave real GDP unaffected in the long run. D) Both A and C. 17. The short-run Phillips Curve gives A) the actual short-run level of real GDP and inflation. B) all possible combinations of real GDP and inflation, for a given set of expectations. C) all possible combinations of real GDP and inflation, for fully adjusted expectations. D) the response of real GDP and inflation to supply shocks. 18. The Fed is criticized for the â€Å"one-way option† regarding asset bubbles. The criticism is that the Fed __________ when asset prices increase and __________ when asset prices decrease A) raises interest rates; lowers interest rates B) leaves interest rates unchanged; leaves interest rates unchanged C) raises interest rates; leaves interest rates unchanged D) leaves interest rates unchanged; lowers interest rates E) lowers interest rates; raises interest rates 19. Which of the following was not a source of the Great Moderation, according to the textbook? A) growth rate rule for money supply B) financial deregulation in late 1970s, early 1980s C) magnitude of supply shocks after early 1980s D) government military spending 20. In the short-run, the impact of an adverse supply shock is to A) reduce real GDP and leave the inflation rate unchanged if the growth of nominal GDP remains the same. B) reduce real GDP and leave the inflation rate unchanged if the growth of nominal GDP is reduced enough. C) maintain the same level of real GDP and reduce the inflation rate if the growth if nominal GDP is increased enough. D) All of the above. 21. According to the textbook, the main losers due to the redistributive effect of the postwar inflation in the United States were A) households. B) corporations. C) government. D) A) and B) 22. Disgruntled? workers who quit their jobs to find ? a more reasonable boss? are experiencing A) involuntary unemployment. B) mismatch unemployment. C) cyclical unemployment. D) turnover unemployment. 23. Policy solutions to mismatch unemployment include A) fiscal policies to raise the AD curve B) monetary policies to raise the AD curve C) policies other than fiscal and monetary policies D) accommodative policies to deal with supply shocks 24. Over a year, the money supply in a nation grew by 6 percent, while velocity rose by 2 percent and real GDP rose by 3 percent. This results in an inflation over the year of ________ percent. A) 5 B) 11 C) 1 D) 7 25. The the Fed’s quantitative easing after mid-2008 is not described by A) increased open-market purchases of Treasury securities B) increased open-market purchases of private securities C) increased open-market purchases of corporate stock D) A) and B) E) A) and C) 26. Which of the following increased by the largest percentage between mid-2007 and mid-2009? A) excess bank reserves B) M2 C) high-powered money D) total bank reserves E) M1 [pic] 27. Initially, the economy is at point G in the figure above. An increase in per capita savings from s0 to s1 will in the short run result in ________ and in the long run result in ________. A) excess per capita saving; more rapid growth in per capita output B) excess per capita saving; less rapid growth in per capita output C) more rapid growth in per capita output; more rapid growth in per capita output D) more rapid growth in per capita output; no change in the long run rate of growth in per capita output 28. Which of the following will not affect steady state per capita income in the Solow growth theory? A) The savings rate. B) The initial capital stock. C) The population growth rate. D) The production function. 29. The Solow growth model predicts that nations that are initially poor should have A) slower growth rates than nations that are rich. B) faster growth rates than nations that are rich. C) growth rates equal to those of nations that are rich. D) negative growth rates. 30. Two readings in the course packet for Chapter 11 cite a particular technological innovation for improved economic growth in poor tropical countries. This is: A) television B) internet C) mobile phones D) new drugs to fight malaria 31. Several structural changes that occurred over the past two decades were a theme of lectures. Which of the following was not one of these changes? A) greater importance of structural unemployment and less importance of frictional unemployment B) smaller response of core inflation to oil price shocks C) larger decline of employment to declines in output in recessions D) larger increase of productivity to increase in output in recoveries E) More reliance on wage flexibility rather than layoffs in 2008-09 recession 32. In the Cobb-Douglas production function Y=AKbL1-b, the variable A has several different names. Which of the following is not one of them? A) autonomous growth factor. B) infrastructure. C) multifactor productivity. D) residual. 33. The formula for the growth rate of multifactor productivity is: A) a = y + bk + (1 – b)n. B) y = a + bk + bn. C) a = y – bk – (1 – b)n. D) y = a – b/k(1 – b)n. 34. Which of the following does not affect multifactor productivity? A) a tax on low-efficiency firms B) a higher saving rate C) Environmental regulation. D) Technological progress. 35. Relative growth rates of the standard of living in the United States and Europe indicate that workers in ________ have chosen to ? spend? _______ of their higher productivity on leisure rather than on consumption of market goods and services. A) Europe, a significant part B) the United States, a significant part C) Europe, almost none D) the United States, almost all 36. Whic h of the following would cause labor? s share of national income to decrease? A) Labor productivity increases less rapidly than the real wage rate. B) Labor productivity increases more rapidly than the real wage rate. C) Labor productivity has increased at the same rate as the real wage rate. D) Labor? s share of national income is not affected by the relative growth rates of labor productivity and the real wage rate. 37. Once monetary policy is dedicated to controlling the level of nominal GDP, then fiscal policy can be used to A) choose the overall level of interest rates, with a high budget surplus implying a high level of interest rates. B) choose the overall level of interest rates, with a high budget deficit implying a high level of interest rates. C) control the rate of inflation, with a high budget surplus implying a faster rate of inflation. D) control the rate of inflation, with a high budget deficit implying a faster rate of inflation. 38. A major side-effect of a stimulative fiscal policy is that it will A) discriminate in favor of housing. B) crowd out private expenditures. C) increase the natural rate of unemployment. D) permanently raise the rate of inflation. 39. Which of the following was a policy of Roosevelt’s New Deal which is not a part of the Obama stimulus package? A) tax reductions B) infrastructure improvements C) Direct intervention to stop financial institutions from failing D) Federal government direct hiring of the unemployed 40. The Barro-Ricardo Equivalence Theorem assumes all of the following except: A) Individuals value the welfare of their heirs as much as their own welfare. B) Interest rates will remain constant. C) All individuals have children D) Markets for consumer housing and durable goods are perfect. 41. Which of the following will cause the date that the Social Security trust fund runs out of money to be pushed further into the future? A) A decrease in the rate of real GDP growth. B) An increase in the population growth rate. C) A decrease in the growth of the real wage. D) All of the above. 42. A fixed money-supply rule will have the greatest stabilizing effect on output when A) money demand is unstable and commodity demand is stable. B) both money and commodity demand are unstable. C) both money demand and commodity demand are stable. D) the velocity of money is unstable. 43. M1 is a definition of money largely confined to which function(s) of money? A) unit of account B) store of value C) medium of exchange D) B and C. 44. In the empirical validation of the theory of the political business cycle discussed in lecture, which of the following variables measured over the year before the election has been the best predictor of the outcomes of presidential elections? A) the unemployment rate B) the inflation rate C) the growth rate of per capita real GDP D) the level of the federal government fiscal deficit 45. In the empirical validation of the theory of the political business cycle discussed in lecture, which of the following elections is a clear outlier as violating that empirical evidence? A) 1932 B) 1936 C) 1972 D) 1992 E) 2000 How to cite Midterm 2 with Solutions Econ311, Essay examples

Video Analysis Startup Junkies and We Mean Business

Question: Discuss about theVideo Analysisfor Startup Junkies and We Mean Business. Answer: There are several problems with the startup Earth class mail that Ron Wheeler is propositioning. The first is the market problem which is the mail market. There is not enough compelling reason for customers to shift from the traditional mail services to the startup as the contents of the mail will eventually be delivered physically to the recipient. The current mail providers can equally put in place a similar process to compete with the startup and the competition at the early life stage of the startup could mean its death (Bergfeld 2015). The value proposition to ask is is it a service that is nice to have or a must have? The answer is it nice to have and not a must. The second reason is the business model that stands the chance to fail from the difficulty of acquiring new customers. Already the startup has overinvested in projected future volumes of mail, yet is not sure that the volumes will be actualized (Blank and Dorf 2012). The cost of acquiring the customer for this startup will be higher than the lifetime value that the customer will bring. The success of the startup will require repeat customers or customers on contract. The cost of acquiring the new customers will depend on the way the startup can scale up to acquire the new customers and then monetize them at a value that should be higher than the cost of acquiring them. Following the rule of capital efficiency which requires recovery of cost in less than twelve months, the startup may run into liquidity problems. We Mean Business The business should in the short term reduce staff in order to save on the little revenue it is making currently (Williams and Nadin 2013).. The business should freeze hiring until it has expanded and the need to employ will be based on the expanded business. The two partners meanwhile can work more in the business and agree to pay themselves what is acceptable while ploughing back the rest of the money back into the business. The other advice that can be given is for the business in to order to improve business volume is to consider moving to a new location with high visibility as well as foot traffic in order to increase sales (Comberg, Seith, German and Velamuri 2014). The product they are offering is a product that needs high visibility in the way it is displayed to attract customers. Being a gourmet product, the visibility will advertise the business without any extra cost of advertising and will result in lovers of chocolate and its related products patronizing the business. Word of mouth references by new customers to their friend s will be easier if the location is visible and if it is in a place with high foot traffic. References Bergfeld, A. F. (2015).Business Acceleration 2.0 The strategic acceleration of successful startups. Norderstedt, Books on Demand. Blank, S. G., Dorf, B. (2012).The startup owner's manual. the step-by-step guide for building a great company Vol. 1 Vol. 1. Pescadero, CA: K S Ranch Comberg, C., Seith, F., German, A. Velamuri, V.K. 2014, "Pivots in Startups: Factors Influencing Business Model Innovation in Startups", The International Society for Professional Innovation Management (ISPIM), Manchester, pp. 1. Williams, C.C. Nadin, S. 2013, "Harnessing the hidden enterprise culture", Journal of Small Business and Enterprise Development, vol. 20, no. 2, pp. 434-447.

5 Ways to Stay Focused and Stop Procrastinating

5 Ways to Stay Focused and Stop Procrastinating Procrastination, whether at work or home, is common to human nature. Sometimes, it might be procrastinating about small things such as taking your favorite suit to the dry cleaners. Sometimes, it may be something more important such as being late to turn a report in at work. There are tips that might help you to alter your mindset and remain focused. In the end, these small changes can break your procrastination habit as you find yourself getting much more accomplished.   Looking at the Big PictureWhen faced with a large project, it is sometimes simpler to break it up into sections so you can focus on one part at a time. By doing this, the task seems less overwhelming. Start with the hardest part first, and the rest will be easier to complete.  Set a Personal DeadlineMaybe you actually do have an office or home deadline to meet. For example, that big project for your boss is due on a certain date. At home, maybe your child needs help with a science project. By setting your own pe rsonal deadline ahead of the actual due dates, you will not be rushed to finish the project. Gather things together first, keep it organized and set yourself a schedule to do the work.  Schedule Your TimeTo avoid being overwhelmed, you can schedule ten-minute breaks each hour. It gives you time to get something to drink, stretch your legs a bit and collect your thoughts. Write down what you want to accomplish each day and stick to the schedule. Once you are able to see the progress you are making, you’ll be encouraged to keep going. Eventually, you may no longer need those short breaks.  Remove DistractionsIt can be difficult to keep your mind on what you are doing when you are faced with distractions. When you work at a part-time computer job, the Internet is a big distraction. You have to learn to ignore it, and save the Internet for when you have reached your goal for the day. Your mobile phone letting you know that you have messages or calls is one of them. Place your cell phone a few feet away or, better yet, in another room while working and try to resist the temptation to pick it up. An extended texting session or repeated phone calls can eat up your work time.  Plan Ahead for the DayYou’ve been working for a while and get the munchies. Trips to the pantry for a snack can cut into your productivity, especially since that trip to the kitchen can take several minutes. It might be a good idea to prepare snacks for the following day, and place them beside you while you work.  Procrastinating can keep you from finding that ideal job, but TheJobNetwork can do the job searching for you, which leaves your time free to do other things. By entering your job interests and qualifications, you will receive matches for jobs as soon as those jobs become available. TheJobNetwork works around the clock to see that you don’t miss any opportunities to find a great position. All you have to do is enter the types of jobs you are interested in, a nd list your qualifications to get alerts when jobs pop up.When you sign up for job match alert you won’t miss any opportunities.

Book Review of the Killer Angels essays

Book Review of the Killer Angels essays Between the days of July 1, 1863 and July 4, 1863, the Civil Wars outcome was decided. These four days have been known as the Battle of Gettysburg, the turning point of the war. In The Killer Angels, Michael Shaara brings us a vivid image of what the battle was like. Shaaras work is very impressive. He is able to capture how things were during the Civil War. The fate of the country was resting on that war so the novel adds a great deal to the readers mind. Shaara was able to bring to the reader a little of the war. The book also gives you a feel for some of the important characters of the battle, including Lee, Longstreet, Pickett, Buford, and Hancock. The most inspiring figure in the book, however, is Colonel Joshua Lawrence Chamberlain. He led the 20th Maine regiment of volunteers who held the Union's left flank on the second day of the battle. The Killer Angels gives us an idea on how war affects people. The characters could have been anyone. The author focuses in on universal emotions, not great figures. For example, everyone has always heard of Grant and Lee because of their importance. But few have heard stories about the common soldier. The book centralizes on the actions of the common soldier, even though it is from the leaders point o view. Emotion in the story affects even generals. Several times in the book you can see that they feel for those lost in battle. Usually, generals are often portrayed as being larger than life. Shaara adds a human touch to them. One conclusion that could be drawn from the book is that the Confederates quick start had some effect. Outnumbered, the Union forces managed to hold until afternoon when they were overpowered and driven back. In the confusion, thousands of Union soldiers were captured before they could rally on Cemetery Hill. The Confederates had captured the town. Picketts charge was the Confederates last chance to change the outcome of th...

Self harm in adolescents Essay Example | Topics and Well Written Essays - 2000 words

Self harm in adolescents - Essay Example It is necessary to understand the ethical considerations when dealing with an adolescent who intends or is engaging in self injury. There are ethical issues concerning the student. The student should be assured of confidentiality on the issues they discuss with the counselor or nurse. Additionally, there are ethical concerns on parent’s responsibility and the schools responsibility. The counselor should maintain high standards of professionalism. It is important that the counselor is capable of detecting the symptoms of self-injury early. Majority of adolescents who engage in the self injurious acts do so when they are freshmen or when experiencing great emotional challenges. They ensure that they cannot be discovered and might continue for long if they do not get assisted (Motz, 2009). The school authorities and parents should avail the resources necessary to encourage safety. As people begin to assist the self injurious adolescent, it is necessary to be aware of the ethical complications. Information about the self injurious adolescent should remain confidential, unless the information would prevent danger from the adolescent from causing further harm to themselves or others. Self injurious behavior should be reported even when the adolescent is not exposed to danger, but needs assistance from professionals or parents. However, self injurious behavior should not be considered as an indicator of suicidal intention. For some adolescents, injuring self relieves their tension and helps them deal with stress. Consulting with legal authorities as well as the school administration on the problem is necessary. An extensive and intensive assessment of situation is necessary. This includes; establishing the nature and frequency of the self inflicted harm. There is need to consult if the adolescent is hurting and needs care. If they are not cooperating and increase the frequency of hurting self, consulting the professional could be necessary to enable them cope with their challenges. The legal authorities may be involved in establishing the nature of injury, if it is caused by the adolescent or by another person. Medical intervention may be necessary. The adolescent could be having wounds or infection that needs treatment. Understand the emotions that cause the adolescent to hurt self and possible motivation for their actions. Enquire if they inflict their wounds or harm when alone or when with others. Be sure to know if they share objects of injury with others. Investigate what triggers the strong emotions. Moreover, find out who knows about the

Human Relations Managing Research Paper Example | Topics and Well Written Essays - 3000 words

Human Relations Managing - Research Paper Example Trade unions are a collection of individual, who join it, in order to attain freedom from varied types of unfair practices within the organization such as unfair wages, unfair environment, improper treatment etc. However, the trade unions help to the employees to attain their desires and needs through vigorous negotiation and communication with the employees of the organization. By doing so, the level of performance of the employees gets enhanced resulting in the upliftment of their productivity and performance. Apart from this, the trade unions help to maintain a good relationship among the employees thereby enhancing the rate of coordination and cooperation among them. As a result, the level of performance of the employees enhances resulting in amplification of the total productivity and reliability of the organization in the market among others. However, due to the improvement of the relationship of the employee and the employer the level of retention of the employees also gets en hanced to a significant extent (Claydon, 2003, pp. 334-356). Therefore, due to the retention of the experienced staffs within the organization, the intensity to develop varied types of inventive products and services also gets enhanced. Hence, the organization becomes able to satisfy the changing needs and demands of the customers. However, the trade union is entirely different from the concept of employer’s organizations. Employer’s organization is described as a group of employees, operating in a similar segment.

Origins Of English Figurative Idioms English Language Essay

Origins Of English Figurative Idioms English Language Essay Idiom is the combination of lexical items and has its own meaning which is different from the particular individual lexical items and this figurative expression is usually understood by the native speakers because figurative idiom expression is likely to be named as the conventional scene in the their mind that serves in the speech community. Similarity, idioms are consisted as a special set of lexical items due not only to their structure elements, but also they specify a unique set of behavior when used in very language discourse. Fernando argues that the concreted phrases and the arrangement pairs in idiomatic are recognized by the usage and with its stabilized structure and limited variation. To expand the explanation, idioms can be formed a word such as nevertheless, a phrase such as in favor of, and also a sentence such as the coast is clear. According to Boers definition of figurative idiom, whose meaning is barely inferred by its literal meaning of its constituent elements. Therefore, from the semantic point of view, the expression of a figurative idiom cannot be understood from its individual parts. Structurally an idioms usually includes a series of words, any parts of its meanings cannot be replaced. Figurative idioms, it is a matter of extraordinary rather than ordinary languages. Base on Lakoff and Johnson explanation, idioms are also known as the metaphor that serves as a device of poetic imagination and the rhetorical flourish dedicates for most languages. Moreover, figurative expressions are not merely bundles of word combination; however it is a phrase that ordinarily invented to one situation that inferred to another, making an implicit comparison. Another scholar Tang explains figurative idioms unsurprisingly have been coined with the name of its meaning. Ultimately, the figurative interpretation of every idiom evokes the metaphorical expressions. As the manifestation of conceptual metaphor was introduced, Z. Kovecses conceptualizes metaphors are realized in other than linguistic ways. For example, literary works are constructed in their fully in term of conceptual metaphors such as Chaucers The Cantebury tales, Buyams The Pilgrim Progress or Frosts poem The Road not Taken are associated around the LIFE IS A JOURNEY metaphor. As result, although there is always a difference in every definition of figurative idiom, yet they all have the similar description to explain idioms have the obvious characteristics of semantic incorporated and structural stability. 2.1) Culture context Language structure is the most typical feature of cultural aspects that such relationship particularly found in the lexicon. As Wierzbicka lists out the best evidence for reality of cultures can associate the meanings of words that eventually provides ways of living, speaking, thinking, and feeling which are broadly shared in every particular society. In addition, the Polish anthropologist Malinnowsky is the first founder of the context theory thinks that discourse and context are mutually hanging closely together, the language environment is essential to understand language.(à ¢Ã¢â€š ¬Ã‚ ¦) Meanwhile, Boers and Stengers declare the significant of cultural figurative expression has been emphasized much recent research. Gibbs study claims that idioms are established in all languages and several types of idioms are cultural elements. Wierzbicka states that most of figurative idioms are cultural artifacts, reflecting the aspects the creation of figurative idioms which are formed by cultural elements. Thus, Inchaurralde mentions particular lexical units are linked with cultural lexical scripts, which are associated to a certain cultural background. Furthermore, Lennon points out language and culture are important to idioms because it could reflect the transformation in conceptualization of the universe and the relationship between the universe and the mankind. The Chinese Linguist Hu Zhunaglin has divided the cultural context into three types: linguistics context, situational context, and cultural context. Most importantly, the cultural context refers the involvement of social, economic, cultural, political background, and religions contexts occur in communities that would value the standard of a certain language. Dobrovolskij and Piirainen comes out with an idea to describe the different types of cultural phenomena are interrelated with conventional figurative units. This means that culturally marked lexis has focused on cross-cultural similarity and the variation across in the conceptualization of emotions. Another issue that Lakoff and Johnson discuss about whether all cultures have the same conceptual of the world. Base on Issac simplification, every figurative expression has a certain class of metaphors seems to be universal. However some cultural specifications also occur in conceptual metaphor, in other word, different culture have a different set of value systems that might result in different interaction to certain expression from others cultures. For example, in Shakespeares period, the food egg is to characterize people behavior or attitude, for instance, She is a good egg means that she is a nice person. In Chinese, there is record in the literature work egg transcript to mandarin Dan also symbolizes to a person behavior and attitude. The Mandarin word huai dan signifies as bad person. These two different cultural context has shared the same particular meaning of the phrase is directed and extended to describe people who seen to be decent person. Although English and Chinese utilize the food egg to imply the same target expression, on the other hand, the English expression good egg is to indicate a nice person, however the Chinese expression to indicate a nice person no longer utilizes egg to imply the meaning rather than change the whole word into hao ren instead of hao dan. 2.2) Idiom and culture Language has been always the carrier of culture and most important idioms that almost invariably to have their roots in a particular language. Another researcher Ronald Langacker argues that language is instrument and module of culture, speakers take part in a discourse situation, their cultural aspects are related to their acts of behavior and conversation. Moreover, Paul Friedrich calls the connection between language and culture as linguaculture. The conceptual of linguaculture is described as a domain of experience that fuses and intermingles the vocabulary, many semantic aspects of grammar, and the verbal aspects of culture; both grammar and culture have underlying structure while they are constantly being used and constructed by actual people on the ground. (à ¢Ã¢â€š ¬Ã‚ ¦) As an important part of language and culture, particular source domain of metaphorical expression may not be equally salient across cultures. (à ¢Ã¢â€š ¬Ã‚ ¦) Meanwhile, few researches have been introduced on the cultural features in the present study that lead Boers and Stengers to investigate on the composition of idiom and culture. They explore weather domain that track most in English figurative idioms. The weather domain is commonly associated to English figurative idioms because talking about the weather is a very basic and frequently topic in Britain because it is notoriously variable and unpredictable. However, the weather lexical units can be implemented through meaning extension to other domains such as economy and feeling, for example, when a financial storm struck down Wall Street, traders sought shelter in the dollar and Alex feels the chill of economic downturn. As result, the sentence illustrates the weather domain to a situation and feeling to indicate the seriousness on how Englishmen see weather as well as the economic phenomena. Boers, Demecheleer, and Eyckmans suggest that there are two complementary methods to estimate the two linguistic communities differ with respect to relate salience of a source domain. One method is to investigate the comparison of both languages such as English and Dutch idioms, that English idioms has much broader selection of expressions converted from card games and gambling such as to over play ones hand, to play with stacked deck, the chips are downà ¢Ã¢â€š ¬Ã‚ ¦ Another much more straight forward example is the domain of sports, popularity of certain sports may coin widely across cultural aspects. Baseball for instance, is much more popular in the United States than in European, for sure it is evidently that American produces more baseball figurative expression such as I had a date with Alice yesterday night, unfortunately I cant even get to first base with her; Three strike and youre out. Similarity, British English hold a source domain in cricket such as Bat on a sticky wicket, Hit someone for six. Besides, Englishmen also like to have horse racing eventually contributes to figurative expressions as well such as A dark horse, Hear it from the horse mouth. The another method is to detect cross-cultural variation done by researcher Alice Deignan results that the source domain of sailing is reflected more often in English than in French discourse. For examples, running tight ship, talking the wind out of someones sails, when you ship comes in, clear the decks, and many more. Boers and Demecheleer suggests that French figurative discourse is more likely flavoured by the source domain of food and cooking. Alice Deignan concludes that the cultural aspects and figurative idioms are considered indirect ones in the sense that cultures of the past and present reflect most of idioms and Boers sums up that even native speakers lack of awareness towards the origin of the idiom they use. 2.3) Origins of English Figurative Idioms According to Smith (1971), generally universal origins of idioms can be divided into six main cultural aspects. 2.3.1) From daily life Smith suggests that most idioms develop from daily life are linked with particular occupations such as many phrases that related to navy have been invented by the sailors as well as the athletes use phrases related to sports. Most of the idioms were invented and they are concise, oral dialect and vivid, and are closely associated to our life. Soon enough those idioms were used by the people in the daily life to indicate certain expressions. Such figurative expressions are useful and eventually it has been evolved from common dialogue to conventional language which those idioms are commonly use such as to share and woe, strike the iron whole it is hot, a pot of money, to take the bread out of someones mouth and many more. 2.3.2) From ancient myths, legends and fables Some English figurative idioms were influenced by the Ancient Greek and Roman civilization. From example, idioms such as Midas touch, the apple of discord, sour grape, pandoras box, trojon horse, etc are derived from Greek myths and legends which are widely used in writing. 2.3.3) From religion Religion stands an important role in contributing the source of idioms. In early western countries, traditionally, Christianity has always been the main religion, many sources of idioms are regularly used in verbal dialogue are mainly came from the bible such as judass kiss, olive branch, much cry and little wool, turn the other cheek, cast peals before swine, and writing on the wall. 2.3.4) From classical literature Apart from the religion contributes most of the source of idioms, classical literature is indentified as a main source of idioms. During Renaissance period, Shakespeares master pieces have been on e of the most important source of idioms in English language. For examples, pound of life, give the devil his due all come from Shakespeares plays. Besides, the famous Greek epic poem the Iliad also gives numerous contributions to the English idioms such as screw up ones courage, Achilles heel. In addition, one of the most famous English idioms the ugly duckling is from the Andersons fairy tales. 2.3.5) Form occupation Nevertheless, idioms are not only formed by social daily interaction, religions, historical background, and literature works, but also certain idioms are associated by the occupation as well. The United Kingdom is a country with high capability in sailing around the world, therefore, they are many idioms that related to navy such as ships in the night, to rock the boat, plain sailing and carry too much guns. Thus contrary, China is a large nation with agricultural aspects of production and process which have become the centralization of forming idioms that related to agricultural elements and those idioms have been passing on by farmers from generation to generation. 2.3.6) From Sports Sports domain also demonstrates the important source of idioms. Liu discusses that most of the English figurative idioms in American are derived from sports, business, and driving. However, the Chinese idioms are more likely from eating, family, and Chinese opera ultimately play and important roles in Chinese society that have pluralized many figurative idioms. United States has shown there are more baseball- based figurative idioms such as first base, three strike and youre out, while cricket is more popular in United Kingdom that formed their English figurative idioms such as bat on a sticky wicket, hit someone for six, etc. As result, these six types of domains can trace the origin of idioms which have a very specific cultural context.