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Topic Sentence Examples For Argumentative Essay
Sunday, August 23, 2020
Saturday, August 22, 2020
Filtered Speech Experiment Essays - Electric Power,
Sifted Speech Experiment Sifted Speech Experiment Reason The reason for the sifted discourse test was to search for three things. The first was to see/hear which frequencies can be disposed of from discourse signal and on the other hand which frequencies can not so as to get discourse. The subsequent reason for existing was to get familiar with sound channels; and the third was to comprehend what it resembles to encounter hearing misfortune. Instrumentation The instruments we utilized during this test were: 1) Low pass channel of the Coulbourn insrument 2) Tape recorder 3) Tape of two syllable words 4) Speaker (non-human) Technique The experimenter chose an underlying cut-off recurrence of 1000 Hz on the low pass channel, and afterward decreased the recurrence by 1000 Hz increases. Underneath 1000 Hz the recurrence was sliced down the middle. (500, 250) We were solicited to take note of the lucidity from the sign at each cut off and the progressions that happened. Two words were introduced at each level and we were approached to assess clearness. The recurrence cut off was at that point included. Results 10,000 Hz clear 4000 Hz - clear 9000 Hz clear 3000 Hz somewhat low 8000 Hz-clear 2000 Hz hazy explanation 7000 Hz clear 1000 Hz not satisfactory, sounds murmured 6000 Hz clear 500 Hz sounds suppressed 5000 Hz clear 250 Hz indiscernible English Ends The consequences of the investigation prompted the accompanying ends: 1) 500,1000 and 2000 Hz are the frequencies expected to truly get discourse 2) Consonants were not heard at 1000 Hz due to hearing misfortune in high recurrence 3) Vowels convey the intensity of the message and syllabic data 4) The thing that matters was heard at the recurrence level of 2000 Hz and underneath. Remarks This analysis truly helped me to comprehend the manner in which a low pass channel works and how troublesome it must be for an individual with high recurrence hearing misfortune to get discourse. Science
Wednesday, July 15, 2020
How to Use LinkedIn for Business Purposes
How to Use LinkedIn for Business Purposes Are you looking to expand your firms reach in its industry? Perhaps you are looking to establish your leadership team as influencers and thought leaders. Maybe you are looking for potential strategic or business partners, or even talented new employees. Of all the social media tools available to you, LinkedIn is your best bet to achieve these and similar outcomes. © Shutterstock.com | IB PhotographyIn this article we look at, 1) introduction to LinkedIn, 2) purpose of LinkedIn, 3) benefits of LinkedIn, 4) how to use LinkedIn to grow business reach, 5) hiring on LinkedIn, 6) terms specific to LinkedIn, and 7) target marketing with LinkedIn groups: Citi.INTRODUCTION TO LINKEDINThere are other specialized industry specific social networks, but none has the reach of LinkedIn. Since its founding in 2006, LinkedIn has grown from 4,500 users in its first month of operation to 300 million users as of May of 2014. With an average of two users signing up per second, LinkedIn is on track to reach its eventual three billion-user goal. Currently, LinkedIn has a presence in 200 countries and territories, and is available in 20 languages.In addition to its reach, no professional social network has the brand recognition of LinkedIn, either. Moreover, none has the credibility with firms, hiring managers, and industry journalists, all of which are key whe n it comes to networking. Indeed, in terms of hiring alone, the percentage of recruiters using LinkedIn profiles in recruiting efforts increased from 78% in 2010 to 93% in 2012, according to a recent survey by Jobvite.Free Accounts vs. Paid AccountsAnyone can sign up for a free LinkedIn account simply by visiting www.linkedin.com and filling out the required information. Free accounts are called Basic accounts and have limited features, with further features available through (paid) Premium Accounts. The different Premium Accounts come with different features and prices based on your intended use of LinkedIn. They include:Business: This membership type is designed for users who are looking to expand their firmâs profile or their professional brand. Premium Business accounts include spotlight, Business, Business Plus, Executive, and Pro. They range from $7.99 to $549.99 per month and features varying numbers of InMails, introductions, increased search visibility, access to search f ilters, the ability to create varying numbers of search alerts, and enhanced profile customization features.Job Seeker: Designed for professionals who are actively or passively looking for a job, this membership level includes Job Seeker Basic, Job Seeker, and Job Seeker Plus. Costs range from $19.99 to $59.99 a month. For that price, you receive salary data for job listings, along with similar features to the Business premium accounts.Recruiter: This membership type is intended for use by recruiters, hiring managers and other HR professionals to help them identify and recruit potential employees and interns. Prices range from $47.99 to $719.95 a month for a Talent Basic, Recruiter Lite, or Recruiter Corporate account. Moreover, with one of those accounts, you receive a customized interface to manage the recruiting process and collaborate with internal team members, as well as similar features to other premium accounts.Sales: This is meant for professionals typically engaged in B2B sales, seeking to generate sales leads and identify decision makers at firms in their target market. The Sales Basic, Sales Plus, Sales Executive, and Sales Pro Premium account types offer many of the features of the previous account types, such as varying numbers of InMails and Introductions. Monthly fees range from $23.99 to $439.99 per month.More information on the varying membership levels can be found here.Paid membership levels are one of three core revenue generators for the firm, according to founder Reid Hoffman. The others are job listings and advertising. When Hoffman founded it in December of 2002, and officially launched six months later, he, and his team of former PayPal executives were looking to create a site which was âabout individual professionals doing business with their network,â according to a 2009 interview with Fortune. According to Hoffman, âWe want to get all of the worlds professionals on LinkedIn. We should be relevant to professionals everywhere[. ]âPURPOSE OF LINKEDINLinkedIn is a professional networking site commonly used by individual employees and job seekers to grow their careers. It can be used for: Networking on professional levelLinkedIn is designed to facilitate networking between professionals through use on InMail, Introductions, and Connections. As a professional you can manage your personal brand through a well-maintained LinkedIn profile, connect with other users in your industry using InMail, Introductions and Invites, and through participation in LinkedIn Groups. Possession of a Basic account (or any Premium account) allows you to invite people into your LinkedIn network by inviting them to connect.You can do so in one of three ways:1. Import your contacts: You can import your contacts from the address book of one of the major email clients you use. LinkedIn will then automatically send invites to all LinkedIn users who have created an account using the email addresses you have provided.2. Search for existi ng contacts: The second way is to search for your existing colleagues. You can run a search using a number of parameters such as name, employer, location, and more. However, it is critical to understand that the ability to search all of LinkedInâs users fully is a feature-only accessible by users with a paid account. A search by a user with a Basic account will only return the first 100 results. The ability to view the full profiles of those LinkedIn users who have not made their profile private and who are not in your network is limited to paid accounts.Further, inviting users to connect does not automatically result in that member becoming a part of your network. The invitee must accept the invitation. In fact, when you invite a member not in a contact list you have supplied, LinkedIn will ask how you know that member and prompt you to supply their email address. This allows LinkedIn to limit the number of emails a user might receive from users they do not know. It also allows t hem to monetize their user base.So, say you have invited all of your contacts, and have stumbled upon the profile of a hiring manager, journalist, or other professional you would like to add to your network. How can you do so if you do not have their email address? LinkedIn offers two ways to do this. The first is Introductions: you can ask one of your contacts who is connected to the member with whom you are looking to connect, to introduce you, using the Introduction feature. Basic account holders receive five Introductions per month.What if the member with whom you would like to connect is out of the network and out of the networks of your Connections? LinkedIn offers InMail â" a LinkedIn specific version of email that allows you to reach out to any LinkedIn member. A set number of InMails come standard with each paid account. InMails can also be purchased for $10.00 each. LinkedIn guarantees a response from the InMail recipient within seven days; otherwise, it provides you with another InMail free.3. Join LinkedIn Groups: A third way is to join LinkedIn Groups and connect with fellow LinkedIn users there. LinkedIn Groups are networking groups for professionals united by a specific commonality, such as an alma mater, an industry, or an occupation. There are over 2.1 million groups and the average LinkedIn user is a member of seven different groups.Asking/answering questionsYou can use your LinkedIn account to ask questions of other industry professionals. You can also participate in a LinkedIn Group and answer questions. Actively and correctly answering questions in a LinkedIn Group may gain you recognition as an expert in a particular subject. Your Company Page can also be another vehicle for you to offer customer service.ResearchPremium accounts offer a number of features that allow you to perform research on firms in your industry, or even on your own firmâs activities. For example, the Sales Executive account allows you to monitor the LinkedIn activi ty of your salespeople. You can also use LinkedIn to conduct formal research. You can send members of your network, or more likely, a subgroup of your network, links to an online survey, or use LinkedIn to prospect for the contact information of those who you wish to survey.Hiring/finding employmentOne of the key benefits of LinkedIn is its usersâ ability to search through job listings and apply for jobs. Every day, over 44,000 applications are submitted to firms through LinkedIn. You can identify hiring managers, and potentially, gain an advantage over other applicants in your job search. Your profile serves as an online resume, one that is scrutinized far more than online resumes on other job boards. Integration with apps like Behance allows you to upload your portfolio. You can list volunteer opportunities and interests as well, giving potential employers an idea of who you are personally, as well as professionally. Further, integration of LinkedIn with social media tools like Facebook and Twitter provide further insight into you as a person and gives potential employers a sense of your social media savvy.How Why To Use LinkedIn.com BENEFITS OF LINKEDINGiven its high usage by affluent, ambitious professionals â" a lucrative target market, LinkedIn can be used to help you achieve a number of strategic business and marketing goals. The benefits of using LinkedIn include:Extending your personal and corporate brand visibility;Establish your leadership as thought leaders and influencers in the industry;Sharing news and information with your network;Finding industry insights through participation in groups, review of LinkedIn profiles, and soliciting information from oneâs network;Identifying and networking with potential strategic partners;Identifying and recruiting potential hires; andGenerating sales leads.HOW TO USE LINKEDIN TO GROW BUSINESS REACHLinkedIn Marketing: 5 Steps to Grow Your Business on LinkedIn Increase your visibilityBy ensuring that your profile is kept current and features regular status updates. Join a LinkedIn Group and actively participate by answering industry-related questions and answering those of others.By setting up a Company Page that is kept up-to-date and share firm news through status updates. (You can automate this by cross-posting social media content using a third-party tool like HootSuite). Once you have set up a Company Page, ask all employees to add their current employment to their profile, which will increase your visibility with their respective networks. (Note: engaging your staff in this manner should be done only after clear, written social media guidelines and expectations have been laid out.) There are over 3 million Company Pages on LinkedIn, a number that is growing steadily.By creating an industry- or firm-related LinkedIn Group. Regularly post topics for discussion, and invite all of your contacts to participate.Conduct research on potential partners and competitionIf you are a Premiu m user, use the tools available to you to conduct research on potential partners through in-Group networking and targeted searches.Look at the Company Pages, status updates, and even LinkedIn profiles of the employees of rival firms to gain actionable strategic insights about your competition.Tell your story using multimedia like videoTell your company story using multimedia like video: Other social media tools, such as YouTube and Flickr, can be integrated with LinkedIn. This allows you the ability to broaden the reach of the story you were telling with those other tools to the LinkedIn audience. Photo and video content garners far more engagement online than simple text updates.Advertise on LinkedInLinkedIn lets you create text-based ads on your choice of a Cost-Per-click or Cost Per Mille model, and target based on LinkedInâs search filters. LinkedIn also offers sponsored content, which can increase the visibility of your update content in the feeds of other LinkedIn users. Giv en LinkedInâs narrow user base, than, say Facebook, LinkedIn is good for very narrow, specific marketing efforts aimed at subgroups of professionals. © LinkedInHIRING ON LINKEDINYou can easily post a job to LinkedIn, with or without a Recruiter account:1. When logged into your account, click Jobs at the top of your homepage, and then the Post a job button on the right. © LinkedIn2. Complete the required information on the following page. At the bottom, enter the jobs location to determine pricing. You can also âSponsorâ your job â" paying a premium to increase the visibility of your job in other userâs search feeds.3. Click Continue. Enter your payment information and click Review order.Once you have posted your job, it will be searchable by all users. You can share the posting with your network or other contacts on or off LinkedIn to generate applications. You can also search for users who might be ideal and invite them to apply via InMail.Hiring using LinkedIn is similar to hiring using competing job boards and/or your corporate website, with some notable exceptions. First, the LinkedIn user base skews towards white collar workers, and LinkedInâs premium search filters are more robust than many other job boards, making it easier for recruiters to find employees with the specific skillsets they need. Second, the InMail and Introduction f eatures allow job seekers to target the person in charge of hiring rather than just the corporate email account associate with the job listing. Another key difference between LinkedIn is the Groups feature allows job seekers, corporate recruiters, staff, managers, and executives alike to network based on their similar issues. This, and its brand reputation, make it the premier destination for job seekers to look for professional jobs, professionals to network, and corporations to extend their profile among influencers.TERMS SPECIFIC TO LINKEDINBefore fully taking the LinkedIn plunge, here are a few related terms that are indispensable to know:Connections: users who are members of your network. You have sent them an invite and they have accepted or vice versa.Second-degree Connections: users who are members of a network of a Connection of yours. They are not a Connection of yours however.Third-degree Connections: Connections of your second-degree Connections.InMail: LinkedIn-specific emails users can send to any other LinkedIn users.Introductions: When a user introduces two unconnected members of their network to each other.Recommendations: written endorsements by your Connections attesting to your skills, expertise, and/or job/volunteer performanceTARGET MARKETING WITH LINKEDIN GROUPS: CITILinkedInâs userâs ability to target narrow groups of users is one of its greatest assets. With this capability, individuals and firms can ensure that they are getting their marketing messages out to exactly the right people. One firm that has harnessed this capability effectively is Citi, which used LinkedIn Groups to target professional women in a recent brand awareness campaign. Their Group, âConnect: Professional Womenâs Networkâ, launched in April 2012 It was heavily discussion driven, incentivized participation and membership with giveaways of Premium accounts and InMails. Discussions included problem solving challenges, solicitations of customer insights, and polls.Their campaign netted 43,000 Group members in a four-month period, with more than 30% logging in weekly â" double the engagement of the average LinkedIn Group. By the end of its first year, 115,000 members had joined, and by July 2014, that number has grown to over 332,000. For its initial success, Connect also garnered a 2013 shorty award for best use of social Media for Financial Services. However, its ongoing success can be seen in the considerable numbers of professional women connected with and engaged with the Citi brand.
Thursday, May 21, 2020
The Theory Of Evolution Of A Population Over A Number Of...
Evolution is the change in genetic composition of a population over a number of continuous and successive generations, which may have resulted from natural selection, inbreeding, hybridization, or mutation. (Biology Online, 2008). This change occurs when there is genetic variation, a variation of genomes between members of species, or groups of species thriving in different areas as a result of genetic mutation. (Biology Online, 2009). The two major mechanisms considered to be the driving force of evolution can be depicted in Figure 1 and 2. The first is natural selection, which is the theory of evolution proposed by Charles Darwin. This is the principle by which each slight variation, if useful, is preserved and passed on to theâ⬠¦show more contentâ⬠¦They mainly inhabited the ground, however ascended trees in search of fruit as a source of food. Platforms built in these trees from sticks and leaves were used to confine females which were also used as sleeping places. Favourable conditions and abundant food resulted in disuse of the agility and strength of humans. However, the time and force expended on these qualities were not lost, and instead, passed onto the brain. Consequently, they gained acute intelligence which allowed them to observe and imitate in exchange for their agility and strength. (Origin and early History of Man, n.d). The first record of human interference with the evolution and biodiversity of other species was around 1.9 million years ago when humans first discovered sharp rocks (Ross, 2014). This discovery could be seen as having both a positive and negative impact on the evolution of species around the world. For humans, this discovery lead to the creation of tools and weapons and the discovery of fire. It provided them with the necessary equipment to attack and hunt down creatures which posed a threat to their existence. However, by continuously killing off certain species from a time frame of about 4.8 megaannum (Ma) to 4500 years ago (ya), the actions of humans brought about the extinction of animals such as mastodons, mammoths, American cheetah and giant kangaroos. (Dunn, 2012). Smaller creatures which were
Wednesday, May 6, 2020
The First Puritan Settlement Of America - 1401 Words
Since the first Puritan settlement of America by the Massachusetts Bay Colony (ââ¬Å"City on a Hillâ⬠) to the United Statesââ¬â¢ current involvement in the affairs of foreign countries, it is clear that Americans find a need to spread their democratic ideals abroad. The idea of Manifest Destiny, which was prevalent in pre-Civil War America, expressed the belief that Americans should expand their republican ideals of freedom, liberty, and democracy to the whole world.The notion of Manifest Destiny had many components, each serving people in different ways. Manifest Destiny reflected both the prides that characterized American Nationalism in the mid 19th century, and the idealistic vision of social perfection through God and the church. Both fueled much of the reform energy of the time. Individually, the components created separate reasons to conquer new land. Together they exemplified America s ideological need to dominate from pole to pole. To some, the Manifest Destiny Doctrine was based on the idea that America had a divine providence. It had a future that was destined by God to expand its borders, with no limit to area or country. All the traveling and expansion were part of the spirit of Manifest Destiny, a belief that it was God s will that Americans spread over the entire continent, and to control and populate the country as they see fit. Many expansionists conceived God as having the power to sustain and guide human destiny. It was white man s burden to conquer andShow MoreRelatedReligion Has Played An Important Role In The History Of1108 Words à |à 5 Pagesthe first building to go up, and the town was built around it. Even though religious freedom has greatly influenced the history of the United States of America, it is also the foundation by which the Europeans discovered America. It is their religious ways which affected how they associated with the Native Americans, the new land, and their success of having America as their colony. Religious oppression in the American colonists was obvious. Europeans moved to the United States of America toRead MoreReligion Has Been A Major Force In The History Of The United1104 Words à |à 5 PagesReligion has been a major force in the history of the United States and in settling the colonies of America in many ways. Religion was definitely one of the major reasons for the founding of the colonies. The early colonists wanted the freedom to worship God as they had seen as proper, and they were promised this freedom of worship. Most of these colonies were deeply rooted in their religious beliefs. Religion was a powerful influence on the social and polit ical life of the colonial times inRead MoreThe Beginnings Of English America1121 Words à |à 5 PagesThe Beginnings of English America Long before Columbus sailed to America, Europeans had dreamed of a land full of abundance, riches, and freedom. Europeans believed that if they moved from Europe to America, their lives would change for the better when they stepped foot onto this new land. But what they did not realize was that things would not be so easy at first. There were some major similarities and differences between Europe and America. But compared to America, everyday life was completelyRead MoreCompare And Contrast Jamestown And From Of Plymouth Plantation714 Words à |à 3 Pagesdiscovery of Virginia in 1607 at a place called Jamestown, this was the first permanent English settlement in the new world, the Americas. Also ââ¬Å"From of Plymouth plantationâ⬠, by William Bradford, a historical account, is about when 13 years later about 100 settlers went on the big fancy ship called the Mayflower and landed in Massachusetts at a place they named Plymouth. With these two colonies, english settlements in north America were born. They historically had some similarities and also the coloniesRead MoreNative Americans And The United States991 Words à |à 4 Pagestraveled during the Ice Age through the Bering Strait and English settlers sailed the Atlantic. Due to unknown reasons, most of the Native societies except for the Aztecs collapse before the arrival of the Europeans, which gives shine to the English settlements since their attainment set the roots of our society today. More importantly, it should be recognized the diverse cultures of English settlers since it has set the precedent for the tolerance and freedom of expression that is experienced in the UnitedRead MoreEssay On Jamestown Vs Plymouth705 Words à |à 3 Pagesdiscovery of Virginia in 1607 at a place called Jamestown, this was the first permanent english settlement in the new world, the americas. Also ââ¬Å"From of Plymouth plantationâ⬠, by William Bradford, a historical account, is about when 13 years later about 100 settlers went on the big fancy ship called the Mayflower and landed in Massachusetts at a place they named Plymouth. With these two colonies, english settlements in north america were born. They both had some similarities and also the colonies hadRead MoreJohn Calvin And The Protestant Reformation1462 Words à |à 6 Pagesprotestantism further, which made the English leave England and go to America. -When Martin Luther posted the 95 theses, that led to the protestant reformation. -John Calvin was the leader of ââ¬Å"Calvinismâ⬠, which focused on predestination. -Conversion was a religious event that placed you as either and ââ¬Å"electâ⬠or a ââ¬Å"visible saint,â⬠and were then expected to lead out their lives as either one. -Separatists were a group of Puritans who left the Church of England. The Pilgrims End Their PilgrimageRead MoreThirteen Colonies and New England944 Words à |à 4 Pagesand in the founding of some middle colonies? 5. Besides England, what other nations influenced the colonization of the Atlantic coast of North America? 6. How did the colonization of Pennsylvania differ from the New England colonies and other middle colonies? Chapter Themes Theme: Religious and political turmoil in England shaped settlement in New England and the middle colonies. Religious persecution in England pushed the Separatists into Plymouth and Quakers into Pennsylvania. Englandââ¬â¢sRead MoreThe Puritans And The Colonists923 Words à |à 4 PagesTThe Puritans were a devout spiritual group that left England and traveled to North America seeking religious freedom from the Church of England. The Puritans trusted that the word of God was the law of the land and it presented them with a plan for surviving. Puritans believed in treating one another with respect, having benevolence for the fellow mankind, loving one another as if they were family and God would reward them based on how well they treated their neighbors. The Puritans, who believedRead MoreThe First Great Awakening By The Puritans1356 Words à |à 6 PagesWhen the Puritans made their initial journey to America in 1630, they possessed high aspirations and ideals in the hope that the ir future settlement at Massachusetts Bay would become a ââ¬Å"city upon a hillâ⬠. The utopic settlement envisioned by the Puritans was supposed to serve as an example for the rest of the world in proper living. However, an increasing number of onerous factors and hardships fell upon the Puritan settlements, which would eventually lead to the diminishing of their once prominent
Inflation and Unemployment Free Essays
Macroeconomics help Name: Institution: Inflation is the rise in general prices of goods and services over a specific period of time. Unemployment is a state where people are able and willing to work at the ongoing market prices of labor but they are unable to secure a Job. According to the Phillips curve, there is a consistent relationship between inflation and unemployment (Nevi, J. We will write a custom essay sample on Inflation and Unemployment or any similar topic only for you Order Now W. 1981, peg 3). When the rate of unemployment is low, the level of inflation is high and when the level of employment is high, inflation level is low. Since majority of the Americans regard inflation to be a bigger threat than unemployment, they will ether stay unemployed but to let the value of a dollar stabilize. Therefore they will rather be employed during stable prices than rising prices. The Americans favor unemployment to inflation. When 10% of the workers are laid off, it will imply that unemployment will increase and an Increase in unemployment Implies a decrease In inflation. If the wages are reduced by 5%, it will mean that even more worker can be employed due to the reduction of labor cost. This will lead to an Increase In employment thus the level of unemployment will go down. A decrease In unemployment leads to an increase In level of inflation. Therefore they will rather go for 10% of workers being laid off than a 5% cut In their wages. They will vote for 10% workers being laid off. Their knowledge of who will be laid off wonââ¬â¢t affect their decision in voting because they are all against Inflation. They will rather not work than work for a wage with low purchasing power. Therefore they are after their purchasing power than Just a Job. Fiscal policy Is an attempt to manipulate government expenditure and taxation so as to affect aggregate demand and aggregate supply to achieve full employment and price stability. Monetary policy Is a policy that affects money growth (Landing, F. K. 2009, peg 34). Therefore when the government uses monetary policy, the money supply will Increase. The government will cut taxes to treat the deficit. When the Fed will prevent growth In reserves, It Implies that the borrowing will be constant thus no preventions on borrowing from commercial banks. This will result to an Increase In money supply as the government too Is borrowing. According to the ELM curve, when the two polices are used, at the point where the Interest rate Is low, monetary policy has no power. When fiscal policy Is used, Increase In supply of money has no effect on the Interest rate. Therefore when the IS-ELM equilibrium Is low, fiscal policy Is the suitable policy to use. When the Fed Increase the supply of alienable funds through and expansion of commercial banks, the supply of money will Increase at the same ongoing Interest rate. The Fed will not succeed to prevent the Interest rates from rising. Interest rate Is assumed to be flexible according to the classical economists. This Implies that the Interest rate will rise In order to attain the previous equilibrium. Therefore a lower Interest rate trap as advocated by the Keynesian economist is where inflation will be set. When he economic resources are idle, the output is always low. The reason the government will borrow will be to stimulate the economy. How to cite Inflation and Unemployment, Papers
Inflation and Unemployment Free Essays
Macroeconomics help Name: Institution: Inflation is the rise in general prices of goods and services over a specific period of time. Unemployment is a state where people are able and willing to work at the ongoing market prices of labor but they are unable to secure a Job. According to the Phillips curve, there is a consistent relationship between inflation and unemployment (Nevi, J. We will write a custom essay sample on Inflation and Unemployment or any similar topic only for you Order Now W. 1981, peg 3). When the rate of unemployment is low, the level of inflation is high and when the level of employment is high, inflation level is low. Since majority of the Americans regard inflation to be a bigger threat than unemployment, they will ether stay unemployed but to let the value of a dollar stabilize. Therefore they will rather be employed during stable prices than rising prices. The Americans favor unemployment to inflation. When 10% of the workers are laid off, it will imply that unemployment will increase and an Increase in unemployment Implies a decrease In inflation. If the wages are reduced by 5%, it will mean that even more worker can be employed due to the reduction of labor cost. This will lead to an Increase In employment thus the level of unemployment will go down. A decrease In unemployment leads to an increase In level of inflation. Therefore they will rather go for 10% of workers being laid off than a 5% cut In their wages. They will vote for 10% workers being laid off. Their knowledge of who will be laid off wonââ¬â¢t affect their decision in voting because they are all against Inflation. They will rather not work than work for a wage with low purchasing power. Therefore they are after their purchasing power than Just a Job. Fiscal policy Is an attempt to manipulate government expenditure and taxation so as to affect aggregate demand and aggregate supply to achieve full employment and price stability. Monetary policy Is a policy that affects money growth (Landing, F. K. 2009, peg 34). Therefore when the government uses monetary policy, the money supply will Increase. The government will cut taxes to treat the deficit. When the Fed will prevent growth In reserves, It Implies that the borrowing will be constant thus no preventions on borrowing from commercial banks. This will result to an Increase In money supply as the government too Is borrowing. According to the ELM curve, when the two polices are used, at the point where the Interest rate Is low, monetary policy has no power. When fiscal policy Is used, Increase In supply of money has no effect on the Interest rate. Therefore when the IS-ELM equilibrium Is low, fiscal policy Is the suitable policy to use. When the Fed Increase the supply of alienable funds through and expansion of commercial banks, the supply of money will Increase at the same ongoing Interest rate. The Fed will not succeed to prevent the Interest rates from rising. Interest rate Is assumed to be flexible according to the classical economists. This Implies that the Interest rate will rise In order to attain the previous equilibrium. Therefore a lower Interest rate trap as advocated by the Keynesian economist is where inflation will be set. When he economic resources are idle, the output is always low. The reason the government will borrow will be to stimulate the economy. How to cite Inflation and Unemployment, Papers
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