2705 samples of this type
Among the numerous global crises, the coronavirus pandemic, which started in early 2020, has definitely occupied a specific place for its unique and terrifying impact. Having claimed the lives of more than one million and three hundred thousand people, it has strained the national health systems to their limit (WHO...
In the United States, labor unions still remain one of the main bulwarks capable of protecting workers’ rights, wages, and working conditions through collective bargaining. Their influential significance is primarily due to the support of the legislation. Nevertheless, at the turn of the 20th century, most unions adhered to the...
Introduction The European Union is currently experiencing one of its worst financial crises since the formation of the regional body in December 1991. So far, three countries namely Greece, Ireland as well as Portugal have admitted facing huge national debts while Spain and Italy are facing the danger of slumping...
Introduction The article under consideration entitled “Jerome Powell Knows a Market Tantrum. This Isn’t Close” is related to macroeconomics and was published on February 23, 2021. In this article, Chappatta (2021) dwells upon the actions of the Federal Reserve and the situation in the bond market. It is stated that...
The problem of inflation occupies an important place in economic science since its indicators and socio-economic consequences play a serious role in assessing the financial security of a country and the world economy. According to the experts, the inflation rate in the United States is gradually decreasing due to gasoline...
Introduction The book, The Donut: A Canadian History, narrates how the donut became Canada’s unofficial national food. In connection to this, the author gives a strong affidavit explaining to the reader the reasons why the donut is connected to Canadians’ lives now and its merits and demerits on the citizenry....
The venture capital (VC) industry has seen tremendous growth over the past years. Most pension funds and government agencies have shied away from VC because of associated risks. However, more and more government agencies and pension funds are investing in VC due to high return opportunities. Pension funds and government...
The successful development of a provincial region is complex due to the number of innovations that need to be introduced. That is why the example of Kunshan, located in southeastern Jiangsu, is so revealing. In just ten years, the city’s population has grown from 600,000 to over two million (Kirby...
Introduction The world is strongly connected and integrated, thus, a disaster in one region significantly impacts other areas. Therefore, one infected person led to a global pandemic affecting more than four million people. Such is the case that the world is experiencing now with the Covid-19 outbreak. According to McKibbin...
Nowadays, financial statements provide the investors, public, and management with information about the performance of the firm, and one cannot underestimate the significance of net income in the interpretation of the results, as net income can be defined as a financial value, which represents the actual profit of the firm...
When performing financial calculations, it is crucial to distinguish strictly between theoretical concepts. This will allow for a deeper understanding of the essence of the calculations being made and not to get confused when searching for a solution to a problem. In the context of this study, these concepts are...
The country’s economic growth ensures the wellness of its citizens and indicates a high standard of living. The inflation and unemployment rates are two main factors contributing to economic development. Their proportions determine the rise and decline of the country’s economy. The crucial elements in understanding these propositions are aggregate...
The 2007-2009 global financial crisis was an unprecedented economic disaster which affected many countries simultaneously and led to a global recession lasting for years. The crisis was triggered by the proliferation of high risk-financial products connected to subprime mortgages in the context of a deregulated environment. The Great Recession put...
The gig economy has emerged after the development of information and communication technologies. The digitalization and proliferation of smartphones have contributed to the development of platforms for hiring temporary contractors. This gig work trend has also created a new format for the employee-employer relationship, primarily based on cooperation on short-term...
The IT market includes everything related to computers and the network. This industry is one of the fastest-growing in the global economy. It has a significant influence in the developed world and connects many essential aspects of life, such as the economy, government, and society. A person encounters the subjects...
It is possible to notice that in the contemporary world there is a growing concern about the increasing United States federal debt. In 1776, this rate was equal to $800 million approximately, while in the present day the number reached $28.5 billion (US Debt Clock). It is possible to outline...
Introduction Steel, aluminum, and tire tariffs are regulated by the US even in modern times. Their impact on the domestic and foreign economies has different consequences. For example, in 2018, the United States rebalanced metal tariffs to the worst for the European Union, to which the EU immediately responded with...
In a free economy, the market constitutes the main tool for fairly and effectively managing the allocation of resources. Yet, there are certain situations which require interference from an external agent to correct the course of the market. Governments are the primary parties which possess the capacity to artificially manage...
Introduction The implementation of relevant concepts of demographic policy in conditions of a population deficit is a crucial practice not only nationally but also globally. In his article, Passaris (2007) examines the dangerous consequences of the population decline in New Brunswick and analyzes the possible prerequisites for the development of...
Pietra Rivoli’s book The Travels of a T-Shirt in the Global Economy describes the processes that a T-shirt moves through before and after it makes a finished product. The author uses the T-shirt creatively to analyze issues related to international business, including the market, power, and politics of global trade....
Secured bonds enable bondholders to demand collateral even when a company goes bankrupt. Such bonds are commonly collateralized by equipment or real estate. Since J&J Air is an airline company, this means that it possesses both equipment and property and, hence, its bonds have collateral (Chaney, Sraer, & Thesmar, 2012)....
Introduction The purpose of this report was to forecast USD/CNH Spot Exchange Rate on July 29 2014. Data for the forecasting were obtained from Bloomberg.com. CNH is the offshore version of the renminbi (RMB). Abilities to comprehend and forecast the exchange rate and fluctuations at any given moments are clearly...
Corporations, organizations, and government institutions draft budgets to control their cash flows, sales, expenses, and assets. The image of the financial health of an organization is built by the financial budget at that particular time (Telvin, 2020). Any organization which makes profits in the form of money or spends money...
Introduction The population of America began to expand in 1815 due to the accession of various states to the union and the appearance of immigrants from different countries actively. The first trends of freedom attracted residents of other countries, although slavery still took place. The South of America expanded cotton...
In this video, McKenna, the audit consultant, and independent journalist focuses on two myths. The first myth refers to the assumption that shareholders damage corporations and the public. McKenna mentions professor Stoute and her book, where she states that there is no legal duty in corporate law for corporations to...
As a matter of fact, asymmetric information in relation to the market is connected with a common situation when one party knows more than another one. For instance, sellers may have considerably more information about the quality and peculiar features of their product in comparison with consumers (Pindyck & Rubinfeld,...
The efforts of host governments in maintaining their national economies through policy interventions under influences such as taxation and request for joint ventures or buying power of state-owned companies restrict the freedom of MNEs in deploying economic resources as they do in their home country while making decisions that are...
The current essay is a report on the given article “Globalization,” written by Peter Temin and published in Oxford Review of Economic Policy in 1999. The present work aims to discuss a set of actions performed by the author to address the topic. Concerning the outline of the paper, it...
A cryptocurrency is a virtual currency that uses cryptography for security. In the modern world, some of the most known cryptocurrencies are Bitcoin, Ethereum, and Ripple (Bunjaki et al., 2017, p. 33). The main advantages of cryptocurrencies are transparency, anonymity, confidentiality, and privacy (p. 33). The authors claim that the...
Chan, Sun. “Financial Crisis Was Avoidable, Inquiry Finds.” The New York Times, 2011, New Ed.: A1. This article explores the report by Financial Crisis Inquiry Commission, where the commission is quoted to have concluded that the credit crunch could not have been “avoided.” The article summarizes the blame game of...
Hans Rosling states that inequalities in China and India are a big issue after looking at the drastic economic differences within the countries. In particular, he mentions that Shanghai is even healthier economically if compared to the United States, whereas Guizhou remains overwhelmingly poor. As for India, the speaker explains...
Introduction The Housing Crisis of 2007 was a massive economic meltdown that occurred when banks oversold mortgages in an attempt to satisfy the high demand for securities. Insurance companies, banks, and hedge funds influenced the subprime mortgage crisis. The financial institutions provided mortgage-backed securities while insurance companies provided credit default...
Terms of references The aim of setting of optimal capital is to use the whole amount of capital that has less cost of acquisitions. This includes debt and equity capital. The profits are measured in terms of the total assets used to conduct business operations and not just the equity...
The City of Oran next to the Mediterranean Sea in Algeria is a setting of the famous fiction outbreak of the bubonic plague. The book was published in the 1940s, and its plots resemble the ongoing coronavirus pandemic. The plague is a bacterial zoonosis disease affecting rodents, and it is...
Introduction The economic history of economic condition of a country shows the country’s present economic status, and the economic well being of the country. With the economic recession the world economy has been facing crisis regarding their GDP growth, inflation, current account balance, and unemployment rate (UN, 2008). This paper...
Introduction The economic system of states is a complex, multifaceted set of procedures and measures initiated by government and society in order to maintain the financial development or stability of the state. Among the multitude of descriptive facts, special attention should be paid to deficit spending, which characterizes the state...
It is hard to disagree that there is typically a strong correlation between some changes, for example, in prices, and a quantity demanded. Fan et al. (2019) discuss how changes in climate may have significant effects on electricity demand in China. According to the authors, since the electricity sector is...
Financial management principles promoted at the national level can be factors that determine the different economic performance of individual businesses, including supply and demand. The current monetary policy of the United States assumes free conditions for the development of entrepreneurial activities. Miranda-Agrippino and Rey (2020) highlight such policy features as...
The term foster care refers to the temporary care service given to children who cannot live with their homes with their families. Foster care mainly provides a family and their children with an alternative shelter when they find it unsafe living in their homes. In other cases, where their own...
A tax haven is a state that has no payment of taxes be it personal or corporate. Businesses are allowed to operate without the intervention of the government in form of taxes (Shaxson, 2011). One of these states is the Liberia which allows the residents to carry out business or...
Introduction ICICI Bank is one of the major banks in India. According to the bank’s financial reports of the financial year 2013, its assets are worth the US $ 99 billion. The bank has are not less than “3588 branches and 11,162 ATMs in India” (ICICI 2013, p. 1). “ICICI...
Complementary goods are items that are preferably used along with each other. One such good is more practical and popular among consumers if used in conjunction with another compliment. Thereby, any changes in the price of one good directly affect the demand and supply of another. Complementary goods affect each...
Puerto Rico, an American colony in the Caribbean that was once perceived as “The Shining Star of the Caribbean,” is on the verge of collapse due to colossal financial crises. Puerto Rico’s economy grew significantly after abandoning its sugar-based economy and adopted industry-based economy in the second half of the...
Introduction When faced with a recession, there is a great anticipation of a general slowdown in economic activity. During the recession period, people cut off on expenditures and shift to spending exclusively on the necessary items. Expenses during these tough times are aligned to basic human needs such as food,...
Introduction Poverty poses a severe threat to sustainable national and world development. It implies the inability to provide the most necessary human needs for comfortable living conditions. At the same time, the established minimum wage levels also cannot provide the required income for a high standard of living. This work...
China has become a global economic phenomenon due to its stable and remarkable growth. The THI requires data on whether this market is suitable for investment and business development, and this paper will present an analysis of the microeconomic indicators that highlight some important aspects to consider. THI should invest...
The principles of PPP, its merits and demerits One of the principles of PPPs is to have the public sector gain access to private sector resources. The resources are in the form of expertise and finance (Public-private partnerships, 2013). The private sector has more innovative ways of raising a large...
Introduction It has been acknowledged that competition is the primary instrument and ground of progress. Monopolies, in their turn, are regarded as the entities that prevent any growth due to their negative effects on competition in certain areas of the economy. Governmental monopolies are often allowed in many countries, but...
A global strategy is based on the assumption that the consumption and production patterns of goods and services are homogenous worldwide and countries are interconnected. Multinational enterprises keep total control of their activities by centralizing decision-making global strategy to increase profits while reducing production costs. MNEs can execute global strategy...
The ethical dilemma that Mr. Markham is currently facing is the necessity to choose between the two undesirable options. These are: whether to report the board of directors of the pension funds the real numbers regarding their value of liabilities, which are two times higher than the ‘official numbers,’ or...
During the period of economic downturn, a stimulating policy (expansionist) is carried out, which implies an increase in government spending and a decrease in tax rates. During the upsurge, a contractionary (restrictive) policy is carried out. In the time of recession, a stimulating fiscal policy (fiscal expansion) is provided, which...
Introduction Purpose Statement The present report was commissioned by the chief financial analyst of the Euroland Company. The primary task was to identify three investment opportunities for the client in the banking sector and assess their financial performance during the past five years using appropriate ratios. The purpose of the...
The discount rate for the following equities A risk-free equity for the US Treasury Note The definition of the risk-free equity suggests an extreme scenario. The reason why the US Treasury Note is risk free is because it is expected to be free of default risks. In other words, it...
Business Problem In budgetary financial matters, extensive consideration has been given to comprehend the relationship between returns, instability, and exchanging volume. Price-volume relationship and investors’ attention is imperative since this observational relationship helps in contending hypotheses of trading behavior and market trend. The analysis enhances the development of the test...
The choice of the countries for the paper was directed by the following information. Canada is a member of OECD that ranks fifth among oil exporters in the world (“The World Factbook” par. 1-3). However, Canada’s export is relatively diversified and is dominated by various types of petroleum (crude oil...
International Accounting Standard 18 (IAS 18) addresses issues relating to revenue and the various instances whether or not revenue should be recognized. According to this standard, revenue can only be recognized to have accrued to an entity only if it meets a number of key conditions among them being: “..The...
The western countries can help Vietnam improve its business climate by assisting the country in improving its legal, political, and regulatory frameworks. Since Vietnam’s exports depend on multinationals such as Samsung, the country must focus on providing opportunities for local companies. Western nations can instruct the Vietnamese officials on how...
A risky financial decision under consideration was made by a close relative, who decided to purchase an already operational liquor store that had been closed for a month due to serious documentation issues. However, the relative believed that it would be easy to operate an already established entity as compared...
Abstract In the present day rapidly changing market environments, it has become critically important for investors to take a deliberate approach for capturing opportunities to enhance returns and at the same time to manage their portfolio volatility efficiently. While prudent investing calls for taking calculated risks a disciplined asset allocation...
It is no secret that there is a significant difference in economic power and potential between the Russian Federation and the United States. Nevertheless, the unemployment rates of both countries are close. According to Kuranova (2021), “Russia’s unemployment rate came in at 5.8% in January 2021” (para. 1). In the...
The tourism sector of the Kingdom of Saudi Arabia is among the most prospective and potentially lucrative sectors of the nation’s economy. Although the country is the largest oil exporter in the world, it is important to point out that such a heavy reliance on one source of national income...
Sole Proprietorship Steps to Form The proprietor decides on the product or service to render and selects a unique name for their business. There are no legal formalities required during the establishment of the enterprise. However, the proprietor is required to obtain the prerequisite business licenses, depending on the location...
Based on the results generated from our research work, there are a number of criteria that affect consumers’ experience and results in their final purchase behavior. The primary data was collected through the survey procedures conducted among the general public through the Survey Monkey online service. We collected responses and...
Unlike a company’s short-term operating expenses, calculated as a rule for one reporting period (quarter, year), capital budgeting offers powerful firm tools to analyze long-term investments’ effectiveness. In general, capital budgeting should be understood as a decision-making process through which a firm evaluates the feasibility of purchasing significant assets. Tools...
The United States experienced a recession in 2008, which extended to other European countries. According to Bargain et al. (2017), recession refers to a considerable reduction in economic activity within a particular economy, which lasts for many months. It is normally visible in real gross domestic product (GDP), employment rate,...
Taxes Table 1: Displays Various Taxes, Where Funds Are Used And Government Body Responsible For Rates. Tax Funds Governmental Body Responsible for Rate of Taxation Arizona State Sales Tax The funds add to the revenue collected by the state, which is then used to run government projects and public services....
This article has written about the origins and development of European competition policy. Many claim that German ordoliberal ideas were the guiding force, but a careful examination of the problem reveals that France and the United States played a crucial role in implementing the most supranational of all European policies....
A significant portion of the federal budget is focused on defense programs, domestic security, and maintaining foreign relationships. Although the federal budget accounts for several vital aspects like healthcare, education, and social security, where any changes would have an instant effect, the same could not be said about reducing some...
Introduction This paper focuses on an article published by Bloomberg in January 2021. It is titled: “U.S. Economic Growth Moderated to 4% in Final Quarter of 2020” (Pickert, 2021). The central topic of the article is economic growth in the United States. More specifically, it touches the subjects of Gross...
Several towns have tremendous influence not only within one country but throughout the world. Cities like these are critical to entire regions, with cultural, economic and political impact. Often, they have a rich history, which is why most of the global cities are vital settlements of the most developed world...
Exchange rate volatility The exchange rate can be defined as the currency of a given country expressed in terms of another country’s currency. The changes in the exchange rate affect the profits made by international trading partners and multinational corporations. The exchange rate also affects the value of investments as...
Introduction It is the role of the financial market to ensure that funds are channeled from the government to those who have a shortage of funds and may wish to spend more than they earn. The book, The Economics of Money, Banking, and Financial Markets by Frederic Mishkin, illustrates how...
Introduction There are different sections of the ICFR, which defines the rules and regulations for liquidating subsidiary corporations and the role of the parent corporation. These provisions include section 331, section 332, section 334, and section 337. All these sections define the process of liquidating and the legal procedures that...
The article talks about economics as a division of social science (Heilbroner, 1991). According to Jack Hirshleifer, economics appreciates its grand status because it provided part of the social theory’s master pattern. However, while social biology also contributed or supplied the other portion. Economics and social biology are both combined...
Introduction Inward foreign direct investment (FDI) is a concept that has gained momentum over the recent past. Several countries in the world have implemented the provisions of the concept in their quest to attain the much-desired economic development. The concept implies encouragement of foreign investments in countries, which need economic...
Introduction and Summary Introducing opportunities and creating a functional support system for those struggling to locate employment options is one of the central issues that the U.S. government must address. However, not all of the solutions that might seem effective on the surface will deliver the expected results. In his...
The issue of participating of the government in the economic life of the country was widely discussed in the 19th century. This tendency was characteristic of American politicians as well. In the 19th century, Henry Clay appeared to be a prominent statesman, whose activity was influential in the context of...
The Company Essential Monitors, Inc (EMI) is not satisfied with existing sales level so they want to adopt improved sales strategy. California has high – demand for computer equipments. “February 1, 2010—January LCD monitor production for top PC and monitor brands—about 85% of the market—was 12.5 M, the highest level...
Portland, Oregon will be examined to determine the current status of economic development. The resources for this study initially will come from public administrator generated information. The data will be assessed using S.W.O. T. Analysis. “Smart” Action Research will then be conducted to determine what specific economic development strategies may...
Introduction The ongoing European debt crisis has been recorded as the worst to have hit the continent ever since the euro was adopted as a common currency more than 12 years ago. The devastating aftermath has already seen such countries as Greece, Portugal as well as Ireland being put on...
Introduction Gupta and Synn (2010) argue that, to increase the wealth of the firm, managers must use the correct evaluation models to identify the right project. This recommendation was put forward by various researchers to resolve problems that emerged after using traditional approach in evaluating projects. This particular proposal is...
Introduction Pittsburgh is one of the largest cities in Pennsylvania, known as a former steel center and a modern hub for high-tech companies. The town was famous in the early 20th century for its steel industry, ranking second in the US for steel production (Carter, 2016). However, in 1970-1980 the...
Comparison of financial reports of the companies The financial position of company A is stronger than that of company B. The total assets of company A at the end of 2011 amounted to $1,176,027,002 while for company A totaled $238,968. Similarly, revenue for company A was greater than that of...
Introduction According to De Souza (2018), Durkheim defined the concept of division of labor as follows: “a way of investigating the moral consequences of the growing complexity within modern societies” (p. 655). An example of that concept, in this case, is the process of drug manufacturing, distributing, and medical care...
Background In the 21st century, competition is becoming a challenge within the business environment due to an increment in the rate of globalization. This is affecting operation of firms in different economic sectors. The insurance industry has not been shielded from this challenge. A large number of investors are venturing...
Brexit implies “British exit”, and this term is used to name the process of separating the United Kingdom from the European Union in the context of economic and political development. Since 1973 the UK had been a member of the union before the population expressed the desire to finish it...
What Is the Economic Meaning of a Recession? A recession is a notable reduction in the economic performance of a nation that lasts for more than a few months affecting labor availability and industrial performance. Boushey et al. (2019) also define a recession as a period of economic contract and...
Introduction The phrase financial crisis has been applied in wider aspects in recent days with an array of state of affairs in where some financial organisation or assets unexpectedly go down of a large portion of their value. Through around the centuries the civilization has evidenced financial crises coupled with...
In their article, the authors compare the general performance of conventional and religious (Islamic) stock returns in Saudi Arabia. They aim to determine the impact of religious preferences and their ability to create investor recognition effects and segmented financial markets (Alhomaidi, et al., 2019). The examination of all Saudi firms’...
Obesity and overweight are major public health concerns worldwide. Mexico is not an exception: as per recent estimations, two-thirds of adults and one-third of Mexican children and adolescents are carrying excessive weight (Colchero, Salgado, Unar-Munguía, Hernandez-Avila, & Rivera-Dommarco, 2015). In terms of obesity and diabetes rates, among all the country...
There is a common belief that Baby Boomers are focused on career development, while generation Y representatives are technologically savvy. I believe that the generalization about different consumer segments is valid and can be used by marketing specialists to make decisions. First and foremost, these generalizations are based on study...
Summary Today’s economic landscape is characterized by its rapid globalization, prompting brands to expand their operations. Once an organization succeeds in its local market, it is natural for the management to consider international opportunities by launching a new project in other locations. However, such a development process can pose certain...
Introduction This refers to a process where a firm evaluates reviews and compares its internal departmental performance against the set standards and where there is deviation a necessary step is taken accordingly. Any strategy adopted by a firm will have a direct impact on the performance and hence its survival....
Newman, Rick. “Stocks to Watch When the Markets Reopen.” US News 2012. Web. Among the external environmental factors that can have a possible effect on business companies, all sorts of outside influences are taken into account, as a rule, with one major exception. Weirdly enough, the influence of the environment itself...
Introduction Over the years the CAPM model has been used by investors when considering investing in multiple projects. The model provides a way to enable investors to make an estimation of the expected return that can be arrived at from investing in a security. It bases its assumption on the...
Introduction The aspects of the creation of an FRP have to be viewed in consonance with its hypothesis and payback values. The following basic outline design has to be followed in any plan of FRP for the banking industry Using Forms to Provide sequence for verification Log File Advice and...
The global interest rates have declined significantly over the last two decades. Specifically, many advanced economies have witnessed an astounding decrease in interest rates. In developed nations, interest rates are estimated to have declined by 4 percent in the last two decades. The decrease represents a significant drop that has...
Introduction Economic instabilities such as the Great Recession of 2008 are as a result of weakened regulations. As from the mid-2000s, for instance, lenders expanded the meaning of credit-worthiness and started to extend mortgages even to buyers who had poor credit histories (Truby, Brown, & Dahdal 2020). A significant number...
One of the best ways to control the activity of the organization is to have a balance shit as a way of monitoring a company from the financial and tax points of view. A balance sheet is a financial statement that shows the financial position of a business or an...
Importance of persuasion is especially evident in the current debates about COVID-19. In particular, media, experts, and ordinary people compare economic crisis caused by COVID-19 with global financial crisis of 2008 (Estrada & Arturo, 2020). The authorities traditionally prepare for the past, already known downturn. However, the events caused by...
According to Gowland (2007), monetary policy refers to the process that is used by governments through central banks in regulating the amount of money supply within the economy. This is undertaken by regulating the rates of interest. Depending on the economic conditions in a country, the government can conduct an...
For Mark and Spencer, Australia is a potential country to expand its business and gain a new market. Australia represents a small, open economy with unusual wage-setting institutions. During the past twenty years, its development has been similar to that of most nations in the Organization for Economic Cooperation and...
Introduction Research has shown that countries with huge dominant state-owned corporations experience low capital growth compared to states with low state-owned corporations. This is attributed to the effective investment allocation by the privately-owned companies as compared to the state-owned corporations. The current trend in the world has seen most state-owned...
The current study employs a quantitative design to explore the relationship between demand and supply in the Hawaii housing market. The independent value is housing supply, and specifically, the number of residential units constructed annually between 1993 and 2015 and annual commercial building permit value between 2002 and 2013. The...
Summary As far as the topic of finance is concerned, it is first of all necessary to understand the difference between the two notions that some people usually use interchangeably. They are accounting and finance, and the exact line drawn between them facilitates the further understanding of finance as the...
Introduction The international Accounting Standards (IAS), Company Law, and International Financial Reporting Standards (IFRS) provide that companies must prepare financial statements for financial reporting purposes at the end of every financial year. These financial statements include income statement (profit and loss account), balance sheet, and cash flow statement. The income...
Introduction The federal budget of the United States consists of the spending and revenues of the U. S. federal government. As of now, the US government’s primary expenses include healthcare, retirement, and defense programs. Among the leading trends of the last five decades, the nonpartisan Congressional Budget Office reports the...
Technological advancements in the field of transportation are essential to consider when discussing the subject of economics. Several researchers state that the period from 1865 to 1900 manifests a significant rise in nationwide profits in the United States, spurred by the transport system changes (Rosenberg 50). In this essay, the...
The government of every nation has certain responsibilities that it must meet to ensure that all the activities being conducted in the country are running smoothly. The various responsibilities of the government include the provision of public goods such as security, roads, health care, and education (Schanz & Schanz, 2010)....
This essay is about the continued reliance on Petroleum by the United States and its effects on the US economy between now and 2025. The geo-politics of oil as well as the options before the US in terms of energy transition are discussed here. The base report for this paper...
Introduction The expected return from individual securities carries some degree of risk. Risk is defined as the standard deviation from the expected return. More dispersion or variability from a security’s return means the security is riskier than one with less dispersion. In simple terms securities carry differing degrees of expected...
The Federal Emergency Management Agency (FEMA) is a part of the Department of Homeland Security (DHS). The organization is responsible for protecting the population from natural disasters, preparing for them, and mitigating potential consequences. The agency also helps citizens to recover from the devastating impact of indent, including human-made. FEMA...
A Dynamic Economy The 1920s was remembered as a happy and prosperous period for American society, with the rapid development of industry, notable changes in working conditions and wages, and the transition to an urban lifestyle. Specifically, to increase production efficiency, business people broadly began to utilize science achievements and...
Abstract This report compares the great depression of 1929 with the financial crisis of 2008. The basis of comparison is with respect to outset, causes, effects and nature. The report describes the general factors that are likely to cause financial crisis. It also includes the various forms of financial crises...
Introduction Local planning process -> infrastructure development, maintenance of the comprehensive plan, support of public facilities Useful strategic approaches in economic development: targeted industries (specialization); choice of narrowed strategy (“growth-friendly,” “optimum competitor”) making difficult trade-offs and establishing a unique position for the area Challenges facing leaders in Bedford County: preserving...
Allocation of the given $1,000,000 would be shared as indicated below: Cash: 30% US Equities: 30% U.S. 30-year treasury bonds: 40%. Statement Justification The United States economy seems to have recovered after the infamous 2008 recession, which is believed to be the worst crisis. Apparently, the country is experiencing inflation...
An Overview of St. Patrick Center The St. Patrick Center is a humanitarian organization in St. Louis that assists the homeless. It uses a “housing first” method, which involves making sure the homeless individual or family is housed and then provided with a support network (“St. Patrick Center”, n.d.). The...
The opinion of the CEO is correct in my opinion. The world is segmented into various countries and countries into cities not just because of their geographic meaning but due to the differences within these locations. Each country is made up of different languages, dialects, cultures, religions, etc. Furthermore, the...
Introductoin On March 23, 2010, President Obama signed the Patient Protection and Affordable Act (ACA) effectively making it a law. The ACA is one of the most influential, controversial and comprehensive piece of social legislation that has been passed in recent times. The legislation aims at expanding health care to...
Abstract The paper focuses on coming up with a budgeted income statement and balance sheet for Stillwater Video Company, Inc. The company deals with the production and sale of two common brands of video games. The assignment aims to emphasize the importance of the budgeting process in a real-life scenario....
According to Eiteman, Stonehill, & Moffett (2015), interest rates in the U.S. and in Europe are rather low and do not get higher than 1%. Such things might have happened because governments and the Central Banks of the countries had low premium rates in the period of the global financial...
Free and fair trade between countries is a crucial issue in politics and economics. Free trade includes policies that help to reduce barriers that may serve as an impediment to international commerce. Fair trade aims to support manufacturers in developing countries by providing fair and sustainable commercial relations with developed...
Component of bank funding and their importance Banks operating in Australia have a variety of sources of funds. The main components are deposits, short-term debts, and long-term debts. Over 50% of bank funding originates from retail deposits. Approximately 40% of the total funds emanate from the financial market. Banks draw...
Introduction Taxes normally decrease the amount of wage the employees take home. In most situations the taxation effects are evident, for instance payroll and income taxes are deducted from employees’ pay checks (Ziliak, 2005). Sales tax or Value Added Tax (VAT) affects the employee’s income indirectly compared with payroll and...
A Real Estate Investment Trust (REIT) is a security that can be sold like stock. Concurrently, it can be invested (either directly or indirectly) in real estate through properties and mortgages. There are varying types of REITs with the major ones being Equity REITs and Mortgage REITs. There are also...
Introduction: Defining Deficit Spending In order to gain an in-depth understanding of the economic outcomes of the Great Recession and other financial catastrophes, it is crucial to grasp the concept of deficit spending. The media has been the source of public dismay concerning the massive national debt, which continues to...
Capital controls are critical for any country, including Venezuela, as they provide an opportunity to have a particular rate of exchange for a long time without a threat for the reserves of both hard and foreign currencies (Schulze, 2000). Unfortunately, such control is rather expensive for the investors, which makes...
Ray Ball proposes several lessons about market efficiency that people can learn from the global financial crisis. Among the lessons are the limitations to the efficient market hypothesis, which, according to Ball (2009), is silent on the supply side of the information market. This argument means that the theory of...
Taking the position of supporting a balanced national budget, the policy is essential to protect future generations from huge debts. A growing federal debt can burden future generations, causing low national savings and reduced incomes (Asatryan et al., 2018). There will be high-interest payments that could make taxes rise causing...
Situation George is making $18 an hour installing electronic chips in hand help computers. Would your offer to work for $8 an hour get you the job? Why might a profit-maximizing employer turn down your offer? The difference between me and George would be that I cannot offer the high...
Introduction During a recession, consumption and investment are low due to a diminished supply of funds in the economy of Macropoland. The rate of inflation has been at an average of two percent but has dropped to 0.4 percent. This points to a significant reduction in the purchasing power of...
What happens when wages and prices fall by 20% In a situation where wages and prices fall by 20%, it reduces consumer demand and ultimately the aggregate demand. This means that a cut on wages will make the matters worse since the consumers will hold their moneys in anticipation of...
Major existing loopholes in the current U.S. Tax Code concerning the taxation of non-business U.S. source income of foreign persons In the U.S., foreign taxpayers are only taxed on incomes arising from U.S sources. However, a few situations exist where the U.S. government would equally tax specific types of foreign...
Introduction The development of stable operations in production has a coherent relation to the formulation of policies that protect against losses. Essentially, there are various paramount strategies to prevent the loss of money owned by a company. However, this discussion assesses the property-casualty insurance where such vices as accidents to...
Introduction The European Union (EU) has passed regulations that aim at governing the region’s energy sector effectively. The main aim of the legislation is to have separate producers and suppliers from the transmission networks. The unbundling regulations require energy companies to concentrate on production only, leaving out ownership of transmission...
Finance is the management of money, assets, banking, investments, liabilities, or anything to do with money. It involves the management of money and cash in various sectors of an organization using various instruments and means. Assets, liabilities, bonds, risks, loans, expenses are all measurable in terms of money. Finance is...
401k is a kind of retirement plan that contributions made to the account do not attract any tax until withdrawal. The plan is applicable to both profit making organizations and non-profit making organization. In most cases, the employer also contributes to this account on top of an employee’s contribution to...
Introduction The Socialistic Republic of Vietnam is a developing country that demonstrated tremendous economic growth during the past 30 years. The economic reforms started by Đổi Mới in 1986 had massive success, turning the country from one of the poorest nations to a lower-middle-income country (World Bank, 2020). Its GDP...
Background and motivation Audit is a fundamental financial activity of all business organizations. Audit determines the financial position of an organization. Companies undertake audits annually. The regulatory bodies of most countries require companies to publicize their annual financial reports. The financial reports determine the investor’s investment decision. Therefore, it is...
The economy and governance of the United States are based on ultimate documentation and strategies created in the past centuries and still provide the citizens with profound guidance. One of the brightest examples of such bills is the Debate of the American System, created by Henry Clay in 1832 (United...
Trading bonds is a complex and risky job that requires knowledge of the nuances of the market and the rules of interactions in it. However, most of the patterns are available and well known to bond portfolio managers and the general public; thus, anyone can master them. This paper will...
In the first quarter of the year, the U.S. economy experienced its worst contraction in a decade as restrictions were imposed in the country to slow the spread of coronavirus infection. The U.S. tried to cushion the economic blow with nearly $ 3 trillion (2.4 trillion) in new spending, including...
Introduction The theme International corporate reporting and financial accounting, is a vast area of research and study that goes a long way to elaborate corporate financial reporting and transparency. It is important to note that the need for proper transparency and suitable corporate financial reporting is highly essential. Due to...
Tobacco is by far the drug that is highly consumed in the world (Abedian, 2000). The number of people who are using the substance is estimated to be over 1 billion individuals most of whom are located in developing countries (Abedian, 2000). This number has been rising drastically due to...
Introduction The China stock market, which is the Asia’s second largest by capitalization, is highly underdeveloped and relies on rumors for trading. The market is dominated by state-owned enterprises, which have no credible system of financial reporting and book keeping. The grim picture of this situation is evident from the...
What are the four financial statements? The four financial statements are the Income Statement, the Statement of Changes in Owner’s Equity, the Balance Sheet, and the Cash Flow Statement (Celender, 2020). What is the purpose of each financial statement? The Income Statement shows the profit and loss balance for a...
Societies have long been searching for the most efficient relationship between the state and the market, which is reflected in different models of political economy. Nevertheless, it is important to understand that the world evolves rapidly, and some features, even the core ones, of the concepts of political economy may...
Introduction Spain is in South West of Europe. It has an area of 504,750 square kilometer. It had estimated population of 40,341,000 as of 2005.Its capital is the largest city namely Madrid. Some important cities in Spain are Valladolid, Burgos, Salamanca, Toledo and Badajoz. Great regional diversity is being displayed...
Taking advantage of loopholes in financial regulations by UK companies A certain degree of flexibility and management judgment on business leaders is allowed by Generally Accepted Accounting Principle (Gee 2006). This is to enable the companies to have some leeway or choose their own methods of accounting, financial estimates and...
Introduction European countries have been facing a very acute financial crisis over the years. It has led some of these countries to go to the extent of not being able to finance their government debts without the help of third-party states. Some of the most affected countries include Greece, Italy,...
