Aggregate Demand and Supply Models Essay Example for Free

Aggregate Demand and Supply Models Essay As it stands currently the existing effect of the economic factors on aggregate demand and supply are: unemployment, consumer income, and interest rates. In this paper we identify the existing effect of the economic factors on aggregate demand and supply. The American people have little to no income when unemployed, this in turn causes a decrease in demand for the economy. This type of event causes the aggregate demand to curve to the left. One of the main reasons unemployment remains high to this day is the lack of demand. A shortfall in aggregate demand is precisely the type of issue that can be addressed by monetary policy, however, to do so we need continuous monetary stimulus to progress toward maximum employment stability. The crash of the housing market has set tremendous limitation on consumer and their spending. Sternness on behalf of the government to a certain extent has decreased aggregate demand during this recovery period. These actions have directly impacted growth. What this means to us is that lower government spending and higher taxes call for disposable income for consumers, work for government contractors diminishing, and a decrease in government payroll. Another factor that has had great effect and impact are the levels of uncertainty. The events leading to this state have yet to be resolved which in turn have caused a lack of willingness and confidence within consumers. In the beginning the levels of uncertainty reflected the force of influence the recession had on us as consumers . This is something that had not been experienced in several years which made it difficult for us to handle or even find a way to get by in a more successful demeanor. After extensive research and analysis it is safe to say the supply-side considerations explain some of the rise in unemployment, which once again confirm the lack of demand as well as the fact that the economy is suffering first and foremost of a weak demand rather than a shortage of supply. References Williams, J. C. (2013, February 25). The Economy and Fed Policy: Follow the Demand. Federal Reserve Bank of San Francisco. Retrieved from http://www.frbsf.org/economic-research/publications/economic-letter/2013/february/economy-fed-policy-follow-demand/ Thoma, M. (2012, March 28). Demand, not supply, is restraining the economy. CBS News. Retrieved from http://www.cbsnews.com/8301-505123_162-57405230/demand-not-supply-is-restraining-the-economy/

Shiloh by Bobbie Ann Mason Essay -- Shiloh by Bobbie Ann Mason

  Ã‚  Ã‚  Ã‚  Ã‚  The setting in the short story â€Å"Shiloh† by Bobbie Ann Mason works well to accentuate the theme of the story. The theme portrayed by Mason is that most people change along with their environment, with the exception of the few who are unwilling to adapt making it difficult for things such as marriage to work out successfully. These difficulties are apparent in Norma Jean and Leroy’s marriage. As Norma Jean advances herself, their marriage ultimately collapses due to Leroy’s unwillingness to adapt with her and the changing environment.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Leroy Moffit is a truck driver, and over the years as his wife Norma Jean is adapting to the changing community his adaptation to things consist of pretty much the way he drives his truck. During this time Norma Jean is left at home to fend for herself and learn the workings of nearly being a single woman. Norma Jean started to play the organ again, practice weight lifting, and take night classes. When Leroy came home after years of being saturated in his work he expected things to be like they were in the beginning of their marriage. As time goes on at home, Leroy takes notice to Norma Jean’s keen, and independent understanding of what goes on around her. He observes and is afraid to admit that she has had to be her own husband. Over the years Norma Jean developed a structured routine that does not include him. As Leroy sits around and plays with a model log cabin set Norma is constantly working to advance and adapt herself with ...

Balance Sheet and Sylvan Essay

On January 1 2007, Pillar purchased 60% of the common shares of Sylvan for $4,500. On that date, Sylvan had common shares of $1,250 and retained earnings of $3,000. Fair values were equal to carrying values for all Sylvan’s net assets except inventory, capital assets and notes payable. The fair value of inventory was $60 more than book value, the book value of capital assets was $100 greater than fair value and the Notes payable had a fair value of $150 less than book value. Assume that all shares of Sylvan have the same value and no control premium was paid at the date of acquisition. The Consolidated Financial statements will be prepared using IFRS Entity Method. The financial statements for Pillar and Sylvan for the year ended December 31, 2010 were as follows: Balance Sheets December 31, 2010 $000’s PILLAR SYLVAN Cash $680 $435 Accounts receivable 1,755 1,025 Inventory 2,849 1,790 Capital assets—net 3,976 3,000 Investment in Sylvan 4,500 Total assets $13,760 $6,250 Current liabilities $400 $255 Notes payable 5,800 1,185 Common shares 2,000 1,250 Retained earnings 5,560 3,560 Total $13,760 $6,250 Statements of Income and Retained Earnings Year Ended December 31, 2010 PILLAR SYLVAN Sales and all other Income $4,040 $2,710 Cost of sales 1,600 1,140 2,440 1,570 Amortization (480) (310) Other expenses and losses including taxes (500) (210) Net income 1,460 1,050 Additional information: numbers in $000’s 1. Capital assets are to be amortized over an average remaining useful life of 8 years at January 1, 2007 and the notes payable mature on December 31, 2011. Goodwill impairment losses for 2008 and 2010 were $240 and $300 respectively. Straight line amortization is acceptable for all acquisition differentials. 2. At December 31, 2010, Sylvan’s inventory included goods purchased from Pillar for $760. Total purchases from Pillar in 2010 were $1000 all priced at mark-up’s averaging 25% of Pillar’s cost. 3. On December 31, 2009, the inventories of Pillar contained $500 of merchandise purchased from Sylvan. Sylvan earns a gross margin of 30% on all sales to Pillar. During December 2010, Pillar purchased merchandise from Sylvan for $900 and did not pay for$250 of the purchases by December 31, 2010. 40% of the inventory was resold by Pillar before the year end. 4. On July 1, 2010, Sylvan sold a new tract of Land to Pillar for $170. On December 1, 2009, Sylvan had bought the land for $200. The fair market value of the land at July 1, 2010 was $220. 5. On September 30, 2008, Pillar sold Land to Sylvan for $100. The land had a book value of $60 on the date of the sale. 6. On December 1, 2010, Pillar and Sylvan declared and paid dividends of $150 and $100 respectively. 7. Both companies pay taxes at the rate of 40%. Assume all intercompany Transactions are taxed at 40% REQUIRED: Please use a GREEN BOOKLET 1. Prepare a Consolidated Balance Sheet at December 31, 2010. (22 Marks) 2. Prepare an independent calculation of ENDING Consolidated Retained Earnings at December 31, 2010. (11 marks) 3. Assume Pillar wishes to use the equity method in their General Ledger, calculate Investment income from Sylvan for the year ending December 31, 2010 (10 Marks) NOTE: This question will help you prepare for the technical question on the midterm. Do more than the question asks so that you are prepared for any possible questions you may be asked: Eg. Prepare a Consolidated Income statement and an independent calculation of Consolidated Net Income attributable to Parent company shareholders Calculate the Investment Income under the equity method: Note the only difference between the equity method used when significant Influence is present and the equity method used in the general ledger of the parent when control is present is the treatment of downstream transactions. According to IAS 28.28 all unrealized intercompany profits are eliminated proportionately between investor and investee. Therefore if investor owns 30% of investee, 30% of all unrealized profits/losses are removed. When control exists the parent eliminates upstream proportionately with NCI and downstream unrealized profits are eliminated 100% from parent. Check figures: At December 31, 2010 Goodwill at acquisition ($3,140) $2,600 Consolidated total Assets $17,615.6 Capital assets $6916 Consolidated Retained Earnings $5331.28 NCI Balance Sheet $2924.32 Consolidated Net Income Entity $2052.1 Attributable to Parent shareholders 1754.78 Attributable to NCI $297.32 Investment account Balance sheet :equity method $4,271.28 Investment income equity method 2010 $354.78(removing 100% downstream)

Alaska Glacial Retreat And Acidification Impacts On...

AGLACIER: Alaska GLacial retreat ACidification Impacts on Ecosystem Resilience The EPSCoR Overarching Question is: How can we understand regime shifts and tipping points in large-scale ecosystems in Alaska. The theme we will address is: Coastal margins and marine living resources. Overarching Goal: This proposed EPSCoR will focus on the impact of glacial melt on the physics and chemistry of the marine environment, and their consequences for the intertidal and coastal biological communities. Objectives: 1) Build on historical ecological data that describes the physical, biological, and chemical variability of Kachemak Bay, a subarctic biodiversity hot spot. 2) Determine the mechanisms that relate the present and anticipated future variability in glacial dynamics to shifts in coastal ecosystem structure and function using laboratory and field experimentation, observations, and modeling. Question: How is variability in current and future glacial input to the marine environment influencing the structure and function of coastal marine ecosystems via changes to the physical and chemical environment (i.e., temperature, salinity, stratification, turbidity, pH and the carbonate saturation state)? Intellectual merit: Healthy coastal marine ecosystems are critically important to America’s ecology, economy, and standard of living. While Alaska contains nearly half of the nation’s coastline, we have little understanding of how future climate variability will impact ecologicalShow MoreRelatedPreliminary Proposal : Coastal Alaska- Coa Lter5371 Words   |  22 PagesPreliminary Proposal: LTER: Coastal Alaska- CoA LTER Overview The CoA LTER aims to better understand how high-latitude marine ecosystems will be affected by future ocean change, particularly changes associated with glacial discharge and ocean acidification. Kachemak Bay, Alaska, is the ideal high-latitude model system to conduct this research because of its 1) wealth of existing data, 2) existing infrastructure (the Kasitsna Bay Laboratory), 3) high productivity and biological diversity, 4) susceptibility