Basic Assumptions of Economics

A basic assumption of economics begins with the combination of unlimited wants and limited resources. We can break this problem into two parts: Preferences: What we like and what we dislike.Resources: We all have limited resources. Even Warren Buffett and Bill Gates have limited resources. They have the same 24 hours in a day that we do, and neither is going to live forever. All of economics, including  microeconomics and macroeconomics, comes back to this basic assumption that we have limited resources to satisfy our preferences and unlimited wants. Rational Behavior In order to simply model how humans attempt to make this possible, we need a basic behavioral assumption. The assumption is that people attempt to do as well as possible for themselves—or, maximize outcomes—as defined by their preferences, given their resource constraints. In other words, people tend to make decisions based on their own best interests. Economists say that people who do this exhibit rational behavior. The benefit to the individual can have either monetary value or emotional value. This assumption does not necessarily mean that people make  perfect decisions. People may be limited by the amount of information they have (e.g., It seemed like a good idea at the time!). As well, rational behavior, in this context, says nothing about the quality or nature of peoples preferences (But I enjoy hitting myself on the head with a hammer!). Tradeoffs—You Get What You Give The struggle between preferences and constraints means that economists must, at their core, deal with the problem of tradeoffs. In order to get something, we must use up some of our resources. In other words, individuals must make choices about what is most valuable to them. For example, someone who gives up $20 to buy a new bestseller from Amazon.com is making a choice. The book is more valuable to  that person than the $20. The same choices are made with things that dont necessarily have monetary value. A person who gives up three hours of time to watch a professional baseball game on TV also is making a choice. The satisfaction of watching the game is more valuable than the time it took to watch it. The Big Picture These individual choices are only a small ingredient  of what we refer to as our economy. Statistically, a single choice made by a single person is the smallest of sample sizes, but when millions of people are making multiple choices every day about what they value, the cumulative effect of those decisions is what drives markets on national and even global scales. For example, go back to the single individual making a choice to spend three hours watching a baseball game on TV. The decision is not monetary on its surface; its based on the emotional satisfaction of watching the game. But consider if the local team being watched is having a winning season and that individual is one of many choosing to watch games on TV, thus driving up ratings. That kind of trend can make television advertising during those games more appealing for area businesses, which can generate more interest in those businesses, and it becomes easy to see how collective behaviors can start to have a significant impact. But it all starts with small decisions made by individuals about how best to satisfy unlimited wants with limited resources.

The Expression Netiquette Is Important Because It Is The...

The expression Netiquette is a mix of â€Å"Net† and â€Å"Etiquette† (Bbccouk, 2017). â€Å"Etiquette means standard rules of conduct† (The Australian Pocket Oxford Dictionary, 1984). Netiquette means showing respectful behavior to users (Prezi, 2017 ANSWER: Netiquette is important because it is the professional way of communication with the world (Knowswhycom, 2017). Online communication is non-verbal, and then sometimes there is no possibility to listen to your voice (Referencecom, 2017. Write your answer in the form of a pretend email to your tutor. Include mention of the group discussion and remember the rules of netiquette. Provide the correct in-text citation Regarding the assessment 1, question 5 about in regarding what is my learning†¦show more content†¦The internet has services for users to work together (Diva, 2017). In this essay, I will explain about which communication theories and forms of communication are used to influence consumers. I believe that symbolic interaction communication theory and social exchange impact and mass communication have more influence to consumers. It has many communication theories such cognitive, communication accommodation, social exchange, symbolic interaction and uncertainty reduction. Among them, social exchange and symbolic interaction have more influence on consumers. First, as the topic material has been written â€Å"Symbolic interactionism proposes that people join implications to things and experiences, and this motivates their activity. Communication with others. Language allows creating meaning when attractive reflective thought, plus at communication with others† (topic 2 in the text book). In this case, I can say about using some symbolic interaction that uses on YouTube during watching that such as icon like or dislike or comments and mojo, in our group, as we discussed in class with Jack, these icons have influence to consumer by, they can show their feeling about like or dislike or other feelings by these icons. Secondly is the social exchange, as written in the text book† this theory sug gests that both parties in communication event are motivated to satisfy their respective interests. WhichShow MoreRelated Business Etiquette Essay3368 Words   |  14 PagesBusiness Etiquette The Importance of Etiquette Etiquette has always been an important part of life, be it social or business. However, it seems that business etiquette is has become more important in the last decade. This is mainly due to the fact that the business world is becoming more global and that â€Å"relationship selling† has become must for success. Etiquette is important for a variety of reasons. It helps to ease what might become and uneasy situation and can make or break businessRead MoreNetiquette and People2626 Words   |  11 PagesAbstract Introduction What is Netiquette? Or what do we mean by netiquette? To state it as simple as possible It is the network etiquette or internet etiquette, certain rules which a user is required to follow on the cyberspace in order to sustain a well online social environment or better to say social life. To state the matter differently, Netiquette is a set of rules for behaving properly online. Human cultures are different and each ethnic has its own values and cu stoms which are differentRead MoreMastering Graduate Studies 1e32499 Words   |  130 PagesACADEMIC INTEGRITY RESEARCH LIBRARY KNOWLEDGE SKILLS COMMUNICATION EXPECTATIONS CAREER PATH  IMPRINT Title Mastering Graduate Studies EDITION 1 CONTRIBUTORS Editor: Alexis DiVincenzo Consulting Editors: Mark Alexander, Nicole Quow-Thomason Art Direction Senior Art Director: Miranda Hildebrand Art Development and Design: Jo DeSnyder-Rolfe Permissions contact Grand Canyon University 3300 W Camelback Rd Phoenix, AZ 85017 602.639.7500 Copyright Information Grand Canyon University. AllRead MoreFjjj7044 Words   |  29 Pagescoordinator and/or teachers via email Your teachers receive many emails each day. In order to enable them to respond to your emails appropriately and in a timely fashion, students are asked to observe basic requirements of professional communication: Consider what the communication is about †¢ †¢ †¢ Is your question addressed elsewhere (eg. in this subject outline or, where applicable, on the subjects eLearning site)? Is it something that is better discussed in person or by telephone? This may be theRead MoreCOMPUTERS EXAM BANK 18589 Words   |  35 Pageslimited geographical area. a. Console b. LAN (Local Area Network) c. WAN (Wide Area Network) d. PDA (Personal Digital Assistant) ____ 5. A computer falls into the ____ category if it is, at the time of construction, one of the fastest computers in the world. a. Minicomputer b. Supercomputer c. Microcomputer d. Mainframe ____ 6. The term ____ device designates equipment that might be added to a computer system to enhance its functionality. a. Digital b. System c. Disk d. Peripheral ____ 7. In termsRead MoreLibrary Management204752 Words   |  820 Pages117 6—Marketing Information Services . . . . . . . . . . . . . . . . . 118 Marketing—A Strategic Component . . . . . . . . . . Marketing—The Audit . . . . . . . . . . . . . . . . . . . . Marketing—The Value Factor. . . . . . . . . . . . . . . Communication—Promotion as a Basic Element Evaluating—Checks and Balances . . . . . . . . . . . Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119 . 122 . 124 . 125 . 127 . 128 Section

Fast Food Nation - 2114 Words

The story of the fast food industry and its effect on the world is well told in the book Fast Food Nation by Eric Schlosser. Schlosser makes the claim that, what started out as a special treat for the kids eventually ended up defining a way of life. During a brief period of time, the fast food industry has helped transform not only the American diet, but also our countryside, economy, workforce, and popular culture. The book thoroughly describes how important the two factors of money and power are in todays society. The book clearly establishes the broader thesis that as consumers, we should know what we eat even if it makes us uncomfortable by the knowledge. On any given day in the United States about one quarter of the adult†¦show more content†¦(p.230) Because of this, obesity is now spanning the globe as other countries have adopted the American fast food culture. Fast Food Nation is comprehensively researched and dreadfully convincing. Most of the research comes from ab undant first hand accounts and interviews that Schlosser conducted while traveling throughout the country. Schlossers writing style is very interesting as he mixed personal stories with a landslide of facts and observations. He uses numerous sources including newspapers, journals, books, news reports, articles, and personal accounts. During the two years that he researched the book, he ate a lot of fast food and visited places that affect the fast food industry from the ground up. Schlosser documents all of his claims that he makes in the book. Fast Food Nation was one of the most well researched books that I have ever read. Overall, the book has more strengths than it does weaknesses. Given the popularity of fast food by Americans and people across the world, this was information that needed to be spread to consumers everywhere. Schlosser does an incredible job of presenting the fast food industry from the grass roots up. But all of the problems that Schlosser identifies essentiall y bring up more questions than he can possibly answer in his book. The book proposes solutions to the evils of the industry but he doesnt really elaborate on the issues to make them understandable.Show MoreRelatedFast Food Nation1271 Words   |  6 PagesIntro  to  Political  Science 5/12/2013 Fast  Food  Nation The  investigative  journalist,  Eric  Schlosser,  has  written  a  book  to  illuminate  an  epidemic  that started  in  America  and  is  now  becoming  one  of  the  world’s  largest  problems.  In  Fast  Food  Nation, Schlosser  frames  today’s  Fast  Food  giants  in  history,American  entrepreneurialism,  and  over consumption  in  respect  to  consumer  and  employee  wellbeing.  The  power  of  all  modern  Fast  Food giants  combined  have  eclipsed  the  power  of  any  one  government.  Marketing  has  become  a  keyRead MoreFast Food Nation1487 Words   |  6 PagesThe Changing of the Food Industry â€Å"In many respects, the fast food industry embodies the best and worst of American capitalism at the start of the twenty-first century – its constant stream of new products and innovations, its widening gulf between gulf between rich and poor† (Schlosser 6). In 2001 Eric Schlosser published â€Å"Fast Food Nation.† Eric Schlosser’s early 21st century muckraking text, â€Å"Fast Food Nation,† attempts to shed light on the consequences of the fast food industry on AmericanRead MoreFast Food Nation1133 Words   |  5 PagesFast Food Nation Fast Food Nation, by Eric Schlosser, is a stark and unrelenting look into the fast food industry that has ingrained itself in not only American culture, but in culture around the world. There is almost no place on earth that the golden arches has not entered. Aside from Antarctica, there is a McDonalds on every continent, and the number of countries that have fast food restaurants is growing on a daily basis. Schlosser describes in detail what happens behind the scenes, beforeRead MoreFast Food Nation2536 Words   |  11 PagesDialectical Journal – Fast Food Nation 1. â€Å"Hundreds of millions of people buy fast food every day without giving it much thought, unaware of the subtle and not so subtle ramifications of their purchases. They rarely consider where this food came from, how it was made, what it is doing to the community around them. They just grab their tray off the counter, find a table, take a seat, unwrap the paper, and dig in† (Schlosser 10). In this passage from the introduction, Eric Schlosser directly statesRead MoreFast Food Nation Examines The History Of The Fast Food1847 Words   |  8 PagesFast Food Nation examines the history of the fast food industry as the world began to consume the idea of quick and easy cuisine. This piece of investigative journalism really gives it s readers a look at the fast food industry and its development over time. This book is divided into two sections. The first section delves into the beginnings of the industry and how it developed into the large corporational business it is today. Th e second section examines the business behind the scenes. The bookRead MoreFast Food Nation: The Inconvenient Truth of Fast Food Essay572 Words   |  3 Pages ‘Fast Food Nation’ by Eric Schlosser traces the history of fast food industry from old hot dog stands to the billion dollar franchise companies established as America spread its influence of quick, easy and greasy cuisine around the globe. It is a brilliant piece of investigative journalism that looks deep into the industries that have profited from the American agriculture business, while engaging in labor practices that are often shameful. In Fast Food Nation, Schlosser goes beyond the factsRead MoreEric Schlossers Fast Food Nation And The Jungle1698 Words   |  7 PagesFast food restaurants exude bright colors, distribute meals with toys, and create a sense of happiness, but what truly goes on behind the scenes of this magical industry? In Eric Schlosser’s Fast Food Nation and Upton Sinclair’s The Jungle, the authors use similar rhetorical strategies to reveal the motives and unconventional practices of the food industry. Schlosser conveys his purpose through the utilization of pathos, ethos, anecdotes and imagery as compared to Sinclair who uses historical referencesRead MoreFast Food Nation Essay804 Words   |  4 Pagesstudy called â€Å"Fast Food Nation 2008. The panel consisted of 1,000 respondents of ages 16-65 who provided their inputs with an online survey which was conducted between March 13 through 2008. Which was based on results on fast food restaurants like McDonald’s, Burger King , and Wendy’s are gaining popularity even through the economic hardship and recession. Marketing strategy has become more of influence on kids and young American’s. As population grows and the demand increases of fast food restaurantsRead MoreFast Food Nation By Eric Schlosser1678 Words   |  7 Pagesâ€Å"Congress should ban advertising that preys upon children, it should stop subsidizing dead-end jobs, it should pass tougher food safety laws, it should protect American workers from serious harm, it should fight against dangerous concentrations of economic power (Schlosser). People must wonder how is it that a fast food company has so much customers. Advertising is the answer. The power advertisers have to be able to influence so many people s decisions and affect people’s lives especially the livesRead MoreFast Food Nation, by Eric Schlosser Essay1928 Words   |  8 Pagesthe most shocking books of the generation is Eric Schlosser’s Fast Food Natio n. The novel includes two sections, The American Way and Meat and Potatoes,† that aid him in describing the history and people who have helped shape up the basics of the â€Å"McWorld.† Fast Food Nation jumps into action at the beginning of the novel with a discussion of Carl N. Karcher and the McDonald’s brothers. He explores their roles as â€Å"Gods† of the fast-food industry. Schlosser then visits Colorado Springs and investigates

Essay on Lady Macbeth - 719 Words

Discuss whether or not you feel sympathy for Lady Macbeth There are certain aspects of Lady Macbeth’s character that suggests she is good and therefore her downfall increases my sympathy for her by the end of act 5. But I would also argue that she entailed evil to fuel her sleeping ambition that would make her nemesis, her mental collapse, fully justified. Lady Macbeth’s role as a supporting wife at the start of the play exceeds the duties of a ‘normal’ wife. She is the ‘Eve’ to Macbeth’s ‘Adam’ and is tempted. Although Macbeth hints at the idea of taking the crown in his letter home, it is Lady Macbeth’s ruthless determination to make him king that persuaded him to murder Duncan. Did she do this in the interests of Macbeth or was it†¦show more content†¦Although I have expressed unsympathetic views about Lady Macbeth, I do feel that a certain amount of sympathy arises from Act 5 Scene 1, which tends to hide her previous evil deeds. Lady Macbeth has not been seen by the audience for some time, this is because Macbeth has shut her out of his life and she has become isolated and lonely. Lady Macbeth’s mental collapse is caused by her acknowledgement of her share of guilt and is expressed by images of Duncan’s blood, â€Å"†¦will these hands neâ€℠¢er be clean?†¦Ã¢â‚¬  This is also a contrast to her belief that water cleanses the conscience of any guilt. Lady Macbeth’s mental collapse reinforces the idea of Scotland being diseased under Macbeth’s reign and because he was not put their by divine right he cannot cure her. Lady Macbeth’s role as a supporting wife resurfaces again in scene 5. She is now afraid of the dark, which is in contrasts to her earlier wishes for darkness to conceal the murder. Lady Macbeth is haunted by dreams, like Macbeth ( â€Å"†¦O full of scorpions is in my mind†¦Ã¢â‚¬  ), and sleep walks; this echoes my last sentence in that she is now taking on the trauma and guilt from her husband. This reveals Lady Macbeth’s compassion and love for her husbandShow MoreRelatedLady Macbeth940 Words   |  4 PagesLady Macbeth Shakespeare, who was a writer born in Stratford-upon-Avon created many different plays, in which he always portrayed the woman as the â€Å"bad guy.† He was born in 1564 and he was a writer, actor and a dramatist. He wrote many plays, mostly revolving around tragedy such as: Romeo and Juliet, Hamlet and Macbeth. Shakespeare was a respected poet, and writer who received recognition after he passed away, April 23rd. 1616. One of Shakespeare’s well-known tragic plays ``Macbeth`` describes howRead MoreLady Macbeth1003 Words   |  5 PagesLady Macbeth Lady Macbeth is the most interesting and complex character in the play. She is, in fact, the point on which the action pivots: without her there is no play. Macbeth s most interesting and complex character is most certainly, as the question states, Lady Macbeth. The purpose of this essay is to describe Lady Macbeth s role in the play and discuss why this makes her the most fascinating character. Her evil doings are the main reasons why she dominates the plot so greatly.Read MoreLady Macbeth960 Words   |  4 Pagesof time of fast decisions and unsure actions is going to expose them to danger or injury. In the play Lady Macbeth proves this to be true. The emotional mistakes shredded the journey Lady Macbeth puts down throughout this play and eventually ends in her death. She feels overpowered by everything that is happening in two ways, both mentally and physically and decides to end her own life. Play Macbeth by William Shakespeare shows two proper ordinary nobles whose lives twisted together in a whirlwindRead MoreThe Relationship Between Macbeth and Lady Macbeth Essay3134 Words   |  13 PagesThe Relationship Between Macbeth and Lad y Macbeth Macbeth and Lady Macbeth face an extraordinary situation involving a strong supernatural theme and murder and treason of the highest kind. However Shakespeare still cleverly manages to make Lady Macbeth and Macbeth relate to audiences of all eras and to convey a strong moral message within his play. The relationship between Macbeth and Lady Macbeth is fascinating to study. Shakespeare constantly changes their attitudeRead MoreLady Macbeth1937 Words   |  8 PagesLady Macbeth Essay I am going to do an essay on a play called Macbeth, written by William Shakespeare. The play is a tragedy, believed to have been written in 1611-12. The play is about a man named Macbeth whom, at first is a kind, tender man who later gets tempted by three foul witches to commit a murder in order to become king. Macbeth’s wife, Lady Macbeth is thrilled by the prophecies given by the witches and is eager for Macbeth to commit the murder. Macbeth disagrees with his wife greatlyRead MoreThe Death Of Lady Macbeth1177 Words   |  5 Pagesbegin with one of Shakespeare’s most beloved and tragic plays, Macbeth. Set in 11th century Scotland there is more than one logical way to interpret the signs, symbols and themes of this intriguing story. There is more than one mystery and obscurity in this play that seems to be left open to the interpretation and imagination of the reader. One compelling occasion in particular is that of the death and supposed suicide of Lady Macbeth. Many critics, readers and other interpreters have discussed theRead MoreLady Macbeth vs. Serena Essay836 Words   |  4 Pages Comparing Serena and Lady Macbeth It is no secret that Ron Rash’s Serena is a very similar character in comparison to Shakespeare’s Lady Macbeth. These two women are very much alike and only slightly different. Though Rash does not claim to base his work off of Macbeth, the two characters resemble each other in a couple different ways. Serena and Lady Macbeth are alike in the fact that they are both ambitious, malicious, and cold-blooded women who are driven by their love for their husbands.Read MoreEssay on Lady Macbeth1109 Words   |  5 PagesThroughout the tragedy of Macbeth we observe two people on their attempt to gain power and glory through various foul actions. It can be argued that Lady Macbeth is the one responsible for triggering a slippage into this inevitable situation that led to their descent. From the moment Macbeth became aware of his â€Å"fate† Lady Macbeth started forming her own imaginary world in which her evil plans seemed likely to be effective. The thought of she and her husband being royalty makes her dismiss rationalityRead MoreThe Downfall of Lady Macbeth1371 Words   |  6 PagesIn Shakespeare’s Macbeth, Lady Macbeth’s desire and ambition leads to her eventual downfall. When Lady Macbeth hears of Macbeth’s prophecy she dreams of the glory and high-standing that awaits being queen. She cannot withhold her ambitions and she is willing to manipulate fate to bring about Macbeth’s prophecy. She invokes evil spirits to be filled from head to toe with cruelty to do the evil actions necessary to make Macbeth king and to remove all remorse and pity for her action from her heart.Read More Lady Macbeth Essay1275 Words   |  6 Pages Term Paper On Lady Macbeth William Shakespeare created a dynamic character called lady Macbeth; she was the total opposite of what women of the Shakespearian era were supposed to be. Despite qualities women were supposed to have in Shakespeare’s time, Lady Macbeth defied the way most women of her time acted. Lady Macbeth defied the ways of women of her time by being manipulative, ambitious, and ruthless. Women’s lifestyles back in Shakespeare’s time period was very different from the modern day

Implication of Budget 2013 Free Essays

According to the Prime Minister Datuk Seri Najib Razak, who is also Finance Minister, at the Dewan Rakyat on Friday, September 28 tabled that the Budget 2013 themed â€Å"Prospering The Nation, Enhancing Well-Being of the Rakyat: A Promise Fulfilled† . 2013 budget was formulated with a focus on improving the living standards of people across the country, ensuring sustainable economic growth, prudent spending and reduce the country’s fiscal deficit with the overall goal of focusing on the welfare of the people. The Government will ensure people get the best services and maximum benefits as a result of the implementation of development programs and projects in 2013, the global economic environment is expected to improve, economic growth is projected to grow more strongly at 4. We will write a custom essay sample on Implication of Budget 2013 or any similar topic only for you Order Now 5 percent to 5. 5 percent. Though this, the first positive implication is increase economic growth through increased investment activity. Economic growth will continue to be driven by foreign direct investment and domestic. In the first half of 2012, private investment increased to 75. billion dollars from 59. 8 billion dollars in the same period in 2011. This trend is expected to continue in 2013 with private investment is expected to increase to 148. 4 billion dollars. In order to stimulate domestic investment and accelerate the participation of Malaysian companies in the global supply chain, the Government has provided funds Domestic Strategic Investments worth 1 billion dollars under the Investment Development Authority of Malaysia. The fund aims to take advantage of outsourcing activities and the acquisition of technology by local companies. In addition, the government has also introduced incentives for the acquisition of foreign companies and special tax rates to encourage local service providers to merge into larger entities. Besides, Small and Medium Enterprises (SMEs) play an important role in the economic transformation of the country. As to accelerate the growth of SMEs and the expansion of the scope of the industry across the country, a fund of 1 billion dollars will be made available under the SME Development under the operating SME Bank. These measures facilitate the access of SMEs to obtain financing and further develop their business. Next, the second positive implication will be he reduces of citizen’s burden especially low income citizens. in term of reduce in burden as in both reducing cost of living and quality of living of Malaysian government provided a program called program Rumah Mesra Rakyat where the NHC will build a total of 21. 000 units for 2013. Under this program also, the NHC will build a house costing 65 thousand dollars with a subsidy of 20 thousand dollars and interest rate subsidies on loans of 2 percent. In addition, a sum of 543 million dollars will be provided to the National Housing Department implement 45 projects under the Public Housing Program involves 20. 454 housing units will be constructed using the Industrialised Building System. All residential units will be sold between 30 to 40 thousand dollars per unit than the market price around 120 thousand dollars per unit. 20 percent of the PPR housing units allocated to civil servants and some of the people with disabilities. Besides that ,everyone wish to own a house so to enable this to happen more First Home Scheme, was launched by the last budget, will be improved by increasing the income limit individual borrowers from 3,000 dollars to 5,000 dollars a month or 10,000 dollars a month for joint loans of husband and wife. In addition, reserve requirements and deposit 3 month minimum period of 6 months work will also be abolished. Other then housing subsidy, 1Malaysia People’s Aid (BR1M 2. 0) also launched to establish goal of reduce people living cost. RM 250 will be given to individual that below 21 years old with income less then RM 2100. Thirdly, Malaysia Budget 2013 also contributes in development of rural and indigenous communities. Rural areas will continue to be developed to reduce the gap of urban and rural development. 4. 5 billion dollars will be provided to implement various development projects in 2013 include ,first ,a total of 1. 2 billion is allocated to implement the project 441 km of rural roads and rural roads benefiting 220 thousand inhabitants. Second a total of 1. billion is allocated for infrastructure projects rural utilities for water supply projects to 24 thousand households and extension project electricity to 19 thousand households. Third, a total of 137 million dollars allocated for Sustainable rural Program involving 29 villages throughout the country and benefit 38 thousand inhabitants. Major programs include the upgrading of marine products processing plants and food, building a new pier, the construc tion of a centre for marketing, improving the package and recreational activities as well as the home stay. Fourth, a total of 88 million is allocated for economic development programs and projects of water supply for indigenous peoples; and fifth ,a total of 100 million dollars to supply 40 thousand water tank using rainwater catchment, particularly in remote areas in Sabah and Sarawak. In the other hand, Malaysia Budget 2013 also has some negative implication. First of all, we see that this time the government spending is still a deficit which mean excess of expenditure over income ,although it decreased compared to last year (2012), from 4. 7% to 4. 0% of a 21. billion once the government accumulated outstanding debt of nearly 503 billion or half trillion for to-16 years in a row since 1997. That amount is 53. 7% of the Gross Domestic Product (GDP or GDP) for 2012. The initial RM1. 8 billion that was allocated to BR1M for 3. 4m households in the 2012 budget ballooned to over RM2 billion for over 4 million households. A country whose GDP is projected to expand by 5 per cent in 2012 shoul d see fewer households earning less than 3000RM. And yet, BR1M recipients are projected to increase to 4. 3 million households with another 2. 7m individuals earning less than 2000RM joining them. Without proper checks and balances, the RM3b that has been allocated to BR1M 2. 0 for Budget 2013 can easily increase to more than RM4b, if not more. The same lack of fiscal prudence could be seen in the expenditure on subsidies. An allocation of RM32. 8 billion was given for subsidies in Budget 2012 but the actual expenditure on subsidies is projected to be at RM42. 4 billion, an increase of RM9. 6 billion or 29. 3 per cent over the original budget! If the same kind of trajectory is followed, the RM37. 6 billion which is allocated for subsidies in Budget 2013 could easily increase to almost RM50 billion. Besides that, sugar subsidy reduced by 20sen per kg. Sugar Should be a controlled item but it price has gone up four times, by 20sen per kg on Jan 1, 2010, 25sen on July 18, 2010, 20sen on Dec 4, 2010, and 20sen on May 10, 2011. A remarkable affect on the property market seen sugar is a common goods that cannot be replace. Government has proposed the real property derive tax RPGT from the disposal of properties made within a period not surpassing two years from the date of purchase will be taxed at the rate of 15% and at 10% for disposal of property within a period of two to five years. This symbolise an increase on RPGT of 10% is applied to properties held and inclined of within two years, and a rate of 5% was retained for properties sold within the third, fourth and fifth years after purchase and it would give result in a negative impact on the country. As a conclusion, there are both positive and negative implication toward Malaysia Budget 2013 . In my opinion, most of the positive implication are brings short term effect but the some negative implication might cause long term liabilities to our economy. How to cite Implication of Budget 2013, Papers

Project Management The Wedding free essay sample

This project requires research imagination, and logic in applying the content of this course and book. Go to Chapter 4 and pick Case Study# 2 titled â€Å"The Wedding† It starts at page 132. This case study will continue in Chapters 5 through 8. You will follow every step and answer questions in a presentation format. Project Requirements Assignment Due: This project assignment should be uploaded to the course ASSIGNMENTS no later than Midnight, 12-8-2013 General Instructions: This is an optional group OR individual assignment. You have an option to do this assignment on your own or become part of the group. If you want to be in a group, go ahead and email me. If not, let me know that you will handle it individually. Either ways, I need to hear from you. However, once you make that decision and notify me, there is no going back. You will be held responsible for your decision. We will write a custom essay sample on Project Management The Wedding or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I will not hear any excuses about group members not participating or getting along. If you do partner up, the group will meet within chat rooms, via discussion board, in-person and email and decide how you will complete this assignment. Real time meetings (i. e. IM) are allowed if agreed upon by all group members. I suggest you exchange contact information (email, phone number) as soon as your groups are formed. You will need to document group meeting days, times, and team members present. Designate a member of the group (preferably rotate this duty) and email this information to me via the course email. There will be two deliverables for this project: (I need both files) 1)A report using Microsoft Word (details under Report Format below) 2)A Microsoft Project file (details under Project Guideline below) Report Format: Your report should be 6-8 pages typed and double-spaced (not including cover sheet and references). You should use 12 pt, Times New Roman font. You can use charts, graphs, illustrations, etc. or other visual aids to enhance your report. The report should follow the format below: Cover Sheet (includes names of all group members, course name and number, instructor’s name and the date). Introduction includes an opening paragraph that has a clearly identifiable statement of purpose for your report. Your central idea is stated here. Your introduction should also contain a preview of major points for discussion. Body includes all of the information that is described in the Project Description. Conclusion summarizes the discussion and ties the main points together in a meaningful way. Reference Sheet include a list of reference sources. Place these in alphabetical order according to author’s last name. The list identifies the source used (name of book, journal, magazine, etc. ) and the date of publication. If you used website, reference the web address. You should follow APA guidelines for citations and references. Project Guideline Develop an objective statement that will be used as a basis for planning the wedding. Start with: Project Start Time = Day 0 (Pick a future date. e. g. 11/01/2013) Required Project Completion Time = 180 days Required Completion Date = May 31, 2014 Scope (specify large, medium, or small wedding; identify key participants and guests) Cost (make cost effective decisions on wedding location, travel arrangements, etc. ; no requirement to specify activity costs) Develop a Work Breakdown Structure for the wedding. Develop a list of activities to be completed between Day 0 and the wedding day (shoot for between 30 and 50 activities). For each activity: †¢Identify the individual (resource) who will be responsible for the activity †¢Develop a duration estimate †¢Develop immediate predecessor activities for each activity (no â€Å"dead-end† activities) †¢Develop a network diagram showing the interrelationships between all the activities †¢Determine the critical path and identify the activities that make up the critical path. Grading and Evaluation If you are part of the group, you will receive one grade for this assignment. However, I reserve the right to report different grades for group members if I determine a substantial imbalance in the level of effort put forth. Each member of the group will also be required to evaluate the other group members using an Evaluation Form that I will provide to you. The team leader or other designated individual should upload the final group document to the ASSIGNMENTS tool located in the course website. In addition, EACH MEMBER OF THE GROUP SHOULD SUBMIT THEIR PORTION OF THE PAPER TO ME AS AN ATTACHMENT TO MY COURSE EMAIL. THIS IS MANDATORY. Non-compliance will result in deduction of points from final project grade.