Monday, December 30, 2019

Gender and Violence A Case Study

Readers are  warned  that this post contains discussion of physical and sexual violence. On April 25, 2014, Connecticut high school student Maren Sanchez was stabbed to death by fellow student Chris Plaskon in a hallway of their school after she declined his invitation to prom. In the aftermath of this  heartbreaking and senseless attack, many commentators suggested that Plaskon likely suffered from mental illness. Common sense  thinking tells us that things must not have been right with this person for some time, and somehow, those around them missed the signs of a dark, dangerous turn. A normal person simply does not behave this way, as the logic goes. Indeed, something went wrong for Chris Plaskon, such that rejection—something that happens to most of us rather frequently—resulted in an act of horrific violence. Yet, sociologists point out that this is not a standalone incident and Maren’s death is not simply the result of an unhinged teen. Looking at the Broader Context Taking a sociological perspective on this incident, one sees not an isolated event, but one that is part of a longterm and widespread pattern. Maren Sanchez was one of hundreds of millions of women and girls around the world who suffer violence at the hands of men and boys. In the U.S. nearly all women and queer people will experience street harassment, which often includes intimidation and physical assault. According to the CDC, about 1 in 5 women will experience some form of sexual assault; the rates are 1 in 4 for women enrolled in college. Nearly 1 in 4 women and girls will experience violence at the hands of a male intimate partner, and according to the Bureau of Justice,  nearly half of all women and girls killed in the U.S. die at the hands of an intimate partner. While it is certainly true that boys and men are also victims of these kinds of crimes, and sometimes at the hands of girls and women, the statistics show that the vast majority of sexualized and gendered violence is perpetrated by males and experienced by females. This happens in large part because boys are socialized to believe that their masculinity is determined in large part by how attractive they are to girls. Connection Between Masculinity and Violence Sociologist C.J. Pascoe explains in her book Dude, Youre a Fag, based on a year of in-depth research at a California high school,  that the way boys are socialized to understand and express their masculinity is premised on their ability to â€Å"get† girls, and in their discussion of real and made up sexual conquests with girls. To be successfully masculine, boys must win the attention of girls, convince them to go on dates,  to engage in sexual activity, and dominate girls physically on a daily basis in order to demonstrate their physical superiority and higher social status. Not only is doing these things necessary for a boy to demonstrate and earn his masculinity, but equally important, he must do them publicly, and talk about them regularly with other boys. Pascoe summarizes this heterosexualized way of â€Å"doing† gender: â€Å"masculinity is understood in this setting as a form of dominance usually expressed through sexualized discourses. She refers to the collection of these behaviors as â€Å"compulsive heterosexuality,† which is the compulsive need to demonstrate one’s heterosexuality in order to establish a masculine identity. What this means, then, is that masculinity in our society is fundamentally  premised on the ability of a male to dominate females. If a male fails to demonstrate this relationship to females, he fails to achieve what is considered a normative, and preferred masculine identity.  Importantly, sociologists recognize that what ultimately motivates this way of achieving masculinity is not sexual or romantic desire, but rather, the desire to be in a position of power over girls and women. This is why those who have studied rape frame it not as a crime of sexual passion, but a crime of power—it is about control over someone elses body. In this context, the inability, failure, or refusal of females to acquiesce to these power relations with males has widespread, catastrophic implications. Fail to be â€Å"grateful† for street harassment and at best you’re branded a bitch, while at worst, you’re followed and assaulted. Decline a suitor’s request for a date and you may be harassed, stalked, physically assaulted, or killed. Disagree with, disappoint, or confront an intimate partner or male authority figure and you could be beaten, raped, or lose your life. Live outside of normative expectations of sexuality and gender and your body becomes a tool with which males can demonstrate their dominance and superiority over you, and thereby, demonstrate their masculinity. Reduce Violence by Changing the Definition of Masculinity We wont escape this widespread violence against women and girls until we stop socializing boys to define their gender identity and  self-worth upon their ability to convince, coerce, or physically force girls to go along with whatever they desire or demand. When a males identity, self-respect, and his standing in his community of peers is based on his dominance over girls and women, physical violence will always be the last remaining tool at his disposal that he can use to prove his power and superiority. The death of Maren Sanchez at the hands of a jilted prom suitor is not an isolated incident, nor is it so simply chalked up to the actions of a singular,  disturbed individual. Her life and her death played out in a patriarchal, misogynist society that expects women and girls to comply with the desires of boys and men. When we fail to comply, we are forced, as Patricia Hill Collins wrote, to â€Å"assume the position† of submission, whether that submission takes the form of being the target of verbal and emotional abuse, sexual harassment, lower pay, a glass ceiling in our chosen careers, the burden of bearing the brunt of household labor, our bodies serving as punching bags or sexual objects, or the ultimate submission, lying dead on the floor of our homes, streets, workplaces, and  schools. The crisis of violence that pervades the U.S. is, at its core, a crisis of masculinity. We will never be able to adequately address one without critically, thoughtfully, and actively addressing the other.

Sunday, December 22, 2019

The US Constitution as an Inspiration to the Declaration...

The notion of freedom can mean different things to different people, it all depends on the level of freedom you have over your own life. It could be freedom of speech, religious freedom, freedom of the press or even freedom of economy. However you see it they all seem to describe a sense of personal freedom, which no doubt everybody wants, but only some seem to have. No other democratic society in the world allows personal freedoms to the degree of the United States of America. They have been able to establish a set of legal rules that systematically protects all forms of freedom. Freedom remains the lone basis for American society as we know it. Without freedom the great nation of America would have never been created. Just as how the†¦show more content†¦This prominent statement truly encompasses all facets of not only what is meant by freedom but also what it is to have freedom in the great United States. The importance of this statement also is that it provides the basis for the system of government. For the people of the United States, being able to freely exercise your own thoughts, speech and say religion is something that is essential in all human life. To not be able to have access to those would be seen as crime. For them freedom means they have the rights to live, to be free of restriction, oppression and control. While these rights may be fundamental, they also in fact very crucial. When speaking about the America’s freedoms and rights it is essential to mention the document which gives Americans majority if not all of their rights. This being the First Ten Amendments to the US Constitution, also known as the Bill of Rights. The Bill of Rights is a list of rights guaranteed to the American people that the government is not allowed ignore or take away, (The First Ten Amendments or the Bill of Rights, 2012). By placing these limits on the government, this reinforces the idea thatShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagescentral governments as nation-states insisted on their power to register, count, deport, and monitor the peoples within their borders. Revolutionary France is an early and iconic example of this paradoxical shift. Its constitution of 1791 guaranteed the â€Å"natural and civic right† of freedom â€Å"to move about, remain and depart.† At the same time, it is credited with the â€Å"invention of the passport,† inasmuch as this new passport was a standardized identity document issued by a central government and required

Saturday, December 14, 2019

The Nature of Love in Sonnets Free Essays

Write an essay on the nature of love as it is represented in two sonnets from the reader. Why do you think the sonnet form lends itself to talking about love? During the 13th century, literature was mainly focused on love. It is evident in Spenser’s and Shakespeare’s sonnets because they believed in true love. We will write a custom essay sample on The Nature of Love in Sonnets or any similar topic only for you Order Now Sonnets were created as a way to express feelings about life issues including love put into words. This essay talks about how the sonnet form lends itself talking about love. It goes on a brief explanation of what a sonnet is; from where it originated from, and yet a detailed understanding of sonnet forms. I also talk about two sonnets extracted from the reader – (sonnet 2 William Shakespeare, 1609) and (– Amoretti 78 Edmund Spenser, 1595) this essay also explains why they loved writing sonnets and to whom it was dedicated to. The sonnet comes from the Italian word, â€Å"sonnetto† which means â€Å"little song†. Originally in the thirteenth century, sonnets were first sung in Italian courtyards expressing romantic love. Around the 1200’s, they were written by Dante and Tasso in Italy, followed by Du Bellay and Ronsard in France before it was introduced and translated in English by Thomas Wyatt in the early 16th century. Basically, the traditional subject of the sonnet has primarily been love because they were written to express feelings of love. Famous writers such as Shakespeare, Petrarch and Edmund wrote their greatest sonnets about love. Why? Because they wanted to impress their mistresses with their great poetic skills. Back in that time, sonnets were used as a statement of their deepest feelings and love was a big part of them. The sonnet is a lyrical poem; it consists of fourteen lines. It has a regular pattern of rhyme called a rhyme scheme and has a specific structure called the iambic pentameter, a term for poem patterns in which each line has 10 syllables beginning with an unstressed syllable and a stressed syllable followed by another pair of unstressed and stressed syllables until there are five pairs of syllables. There are three major types of sonnets I will be talking about and they are as different from each other. The first type is called the Petrarchan sonnet also known as the Italian sonnet was created by a Sicilian poet Giacomo da Lentini but was named after Francesco Petrarch because he mastered sonnets perfectly in the 14th century better than Giacomo himself. He fell in love with a young woman he saw at the church. Laura, whose name he was to immortalize in his sonnets, inspired him to write â€Å"the Canzoniere† a collection of love poems consisting of 365 sonnets about her, his true love. Petrarch wrote his sonnets about love. It was the first sonnet form to be written in the English language. The pattern of this sonnet is normally divided into two parts: the octave and the sestet. The octave is the first eight lines that have two quatrain and where the theme or problem is described which have the rhyming scheme of ABAB ABAB; on the other hand, the sestet is what solves the problem normally is the last six lines and it has three possibilities such as CDECDE or CDCCDC or CDCDCD. It usually has a pause between the octave and the sestet called the turn or â€Å"Volta† often being the 9th line. The second type of sonnet, the Shakespearean also known as the English sonnet was developed by the Earl of Surrey in the 16th century. It was named after William Shakespeare because he was the first to write in this form composing great sonnets. He wrote 154 sonnets and most of them were related about love. The Shakespearean sonnet is known to be very easy and simple to write; it is made up of three quatrains and a couplet at the end written in the iambic pentameter with the rhyme scheme ABAB CDCD EFEF GG, no wonder it is easy to remember and also follows the alphabetic order. What makes it different from other sonnet forms, is that it is written and printed without a pause in-between the lines. In this type of sonnet, the rhyming lines in each stanza are the first and third and the second and fourth. In the couplet ending, both lines rhyme and follow the same rhyming pattern in all of his sonnets. Shakespeare’s love sonnets are indeed very personal addressing a lot of issues in life. It was believed that he wrote some of his sonnets for a young man which he describes beautiful; some thought if he was homosexual. Well that is something we might never know. Love for Shakespeare was beautiful; he was passionate about love and the sonnet form was a way for him to express his feelings. Through them, he was able to pass personal messages about life issues including, love. How hard it is to mention to whom his sonnets were dedicated to; some say his first 126 were for his love of a young man that questioned many of his sexuality. Of course there was a possibility that he cheated on his wife, Anne Hathaway and wrote some of his sonnets about the women he had his affairs with. Let’s have a look in his sonnet 20 from the reader (William Shakespeare 1564-1616 from sonnets): it s known to be one of the best of his 154 sonnets. It has caused a lot of confusion mainly because it shows a deep love for another man describing him with womanly features – a beautiful looking man. This man, who he could have created has earned Shakespeare’s love, though he points out in the last lines â€Å"Mine be thy love and thy love’s use their treasure† that it is a spiritual and not a physical love. â€Å"Hast thou, the master mistress of my passion†, can such a man-woman exist? This master-mistress is meant for women by the nature’s â€Å"application† of the male genital organs. When he says â€Å"An eye more bright than theirs, less false in rolling† clearly shows that he thinks men are more honest and intelligent than women. It also suggests that a person’s ability is tied in with their appearance, and can even suggest that a person having both manly and womanly features is the most beautiful to him . According to my readings this sonnet is proof of Shakespeare’s homosexuality; others believe he just wanted to explain the universal nature of love. Now on with the third and last sonnet form, the Spenserian sonnet, named after Edmund Spenser one of the greatest poet in the English literature. Well, it is similar to the Shakespearean sonnet form with three quatrains and a couplet, written in iambic pentameter with a rhyme scheme of ABAB BCBC CDCD EE. Some think that this type of form is quite difficult to understand especially new students as it is a mixed of the Petrarchan and the Shakespearean form that creates a stronger link between quatrains, and in a way of a more song-like tone. This fits since the word sonnet means â€Å"Little Song† in Italian. Spenser is well-known for â€Å"Amoretti†, a collection of love sonnets he wrote for his second wife, Elizabeth Boyle after their marriage. In his sonnets, Spenser talks about the love he has for his wife and what she means to him. One good example is the sonnet 78 from the Amoretti sonnets: Lackyng my love I go from place to place, Lyke a young fawne that late hath lost the hynd: and seeke each where, where last I sawe her face, †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦beholds her selfe in me ( Amoretti 78, Edmund Spenser, 1595) In Sonnet 78 (amoretti 78 Edmund Spenser), he feels a separation from his fiancee deeply, wandering â€Å"from place to place, lyke a young fawne that late hath lost the hynd† (lines 1-2). He suffers over her departure and spends his time going to the places they spent time together: â€Å"And seeke each where, where last I sawe her face† looks at how much she reminds him of her presence, and instead to turn his eyes inward, that he might â€Å"Behold her selfe in mee† (line 14). Spenser’s sonnets detail the admiration and the agonizing aspects of love. He uses very complex words in this sonnet maybe intending to show his writing skills or just the language he used in his sonnets. What would our lives be without love? Which would be their meaning? Without friendship, love experiences, would it be worthwhile to live? The language of love can be expressed in so many ways, through talking, through words maybe that’s why sonnets were created for; sonneteers wanted to impress their great writing skills and love was the best topic in the sonnet. Nowadays the sonnet is rather sung through songs, most songs you listen to is about love, people may not notice it but my opinion is sonnets are a beautiful way to communicate to the reader and will live forever. As you can see, sonnets have played a vital part of the early renaissance in literature. They have been used to talk about specific topic such as religion, politics but were mainly focused on love because it was firstly written about love. Sonnets are considered to be love poems even though afterwards some other writers wrote about their choice of topic. Shakespeare and Spenser were passionate about love and even received love; writing sonnets was a way for them to express their unattained feelings and to immortalize their great work through the sonnet which will live on onto many generations. They thought of love being something beautiful and magical. 1610 words How to cite The Nature of Love in Sonnets, Papers

Friday, December 6, 2019

Argumentative Essay About Technology Example For Students

Argumentative Essay About Technology Technology is a knowledge of using tools and machines to do tasks more efficiently. We use technology to control the world we live in. Since the art of making fire and creating handcrafted tools, our civilization has come a long way. Science and Technology are making advances at an astonishing rate. From telephones to the Internet, calculators to computers, cars to rockets and satellites, we are part of a new world of discoveries and inventions made possible by Science. Fields like Medicine and communications have changed our cultures and our lifestyles. The technology that surrounds almost everyone in the modern society, affects both work and recreational activities. Technology is one of the principal driving forces of the future; it is transforming our lives and shaping our future at incomparable rates in history. Technology is constantly changing, and advancing. Many different elements affect how satisfied we are with our lives. The impact of technology on these elements can change how safe, healthy and happy people feel. Throughout history, people have looked for better ways to meet their needs and to satisfy their expectations. Technology has improved the way people feed, clothe and shelter themselves. Technology has also changed other aspects of everyday life, such as health care, education, job satisfaction, and leisure time activities. People have used technology since they first chipped stone blades to improve their hunting. Some people call this current age the Technological Age because of societys dependence on technology. For the first time in human history, almost all the goods and services people use depend on technology. The products of technology are available to almost everyone in society. The economy of a country influences how the people of the county live. Technology is often considered the key to a nations economic growth. Many economists think that if technology sparks growth in one division of the economy in the form of increased productivity, growth will also occur in other division of the economy. Jobs may be lost in one industry, such as agriculture but new jobs may emerge in other parts of the economy. There may be more jobs or, in some case, completely new kinds of jobs. Technology may also be used to solve urgent problems. Our growing population is using up infinite supplies of natural resource s. Innovations in technology allow for more efficient uses of limited or scarce resources. More products might be made from the same amount of raw material using new techniques. Technology can increase productivity to help countries compete with other countries in selling goods and services. Some say that without technological improvements, the economy would grow slowly or not at all. Society could remain the same for years. Ways to manufacture goods have changed continuously through history. Today, several important new advances in technology are transforming. These technologies create new products; most of them also change the way people in society interact. These technologies have a tremendous impact on our financial resources. Some of the technologies that are having the greatest effect on the economy are: robotics, automation and computerization. Everyday in society people are making improvements, and decisions that have an impact on their society and technology. One of the most important decisions we make concerns the way we move ourselves, and our possessions. Our system of transportation greatly affects how we use energy, develop technology, the economy and environment, and our relationships. When Henry Ford was starting out on his remarkable career in Detroit the economy was at an all time low and at the time no one could of forecasted what was about to happen. Carriage and buggy-whip makers were still making good profits in a growing market, and there were few cars on the dusty roads. Yet, within a few short years, Ford and others would shape consumer products out of the new technologies that would set in motion a huge economic transformation. Henry Ford didnt invent the automobile. Nor did he invent mass production or the assembly line. Ford is famous because he took these existing concepts and incorporated them into an efficient, large-scale system of manufacturing inexpensive, reliable cars. .u1c1f014fb7637a28549371c0de4e5870 , .u1c1f014fb7637a28549371c0de4e5870 .postImageUrl , .u1c1f014fb7637a28549371c0de4e5870 .centered-text-area { min-height: 80px; position: relative; } .u1c1f014fb7637a28549371c0de4e5870 , .u1c1f014fb7637a28549371c0de4e5870:hover , .u1c1f014fb7637a28549371c0de4e5870:visited , .u1c1f014fb7637a28549371c0de4e5870:active { border:0!important; } .u1c1f014fb7637a28549371c0de4e5870 .clearfix:after { content: ""; display: table; clear: both; } .u1c1f014fb7637a28549371c0de4e5870 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1c1f014fb7637a28549371c0de4e5870:active , .u1c1f014fb7637a28549371c0de4e5870:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1c1f014fb7637a28549371c0de4e5870 .centered-text-area { width: 100%; position: relative ; } .u1c1f014fb7637a28549371c0de4e5870 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1c1f014fb7637a28549371c0de4e5870 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1c1f014fb7637a28549371c0de4e5870 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1c1f014fb7637a28549371c0de4e5870:hover .ctaButton { background-color: #34495E!important; } .u1c1f014fb7637a28549371c0de4e5870 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1c1f014fb7637a28549371c0de4e5870 .u1c1f014fb7637a28549371c0de4e5870-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1c1f014fb7637a28549371c0de4e5870:after { content: ""; display: block; clear: both; } READ: Wolves EssayCars have made a big difference in the way communities have been designed. Street layout, the design of homes and traffic laws have changed as methods of transportation has changed throughout history. Automobiles are responsible for more than half the airborne pollution in the western world. Many plans are being developed to control air pollution. Pollution controls devices for cars have also been developed. For example, catalytic systems were installed in many car exhaust systems in the 1980s. These devices change dangerous gases into harmless carbon dioxide and water. They also burn up much of the exhaust with fresh air in a chamber near the exhaust pipe. The car of the future will need new designs which make even better use of the fuel which powers them. Technology was pushed forward for the need to fix the problems of air pollution caused by the creation of the automobile. Advances are constantly being made to perfect different creations. Cars influence the ways communities are developing. Since it is possible to drive great distances rapidly, many people choose to live far away, from where they work. Many cities have a downtown core where people work and a suburban area where they live. People may spend a great deal of time commuting through rush hour traffic. Because of all the advances, once again technology has changed our living styles. In spite of many problems, it is hard to imagine a society without cars. Cars and trucks have become so important that most people would not want to do without them. They would prefer to see the design and construction of cars changed to accommodate safety and environment concerns. The car has helped create jobs, freedom, convenience and fun as well as pollution, traffic jams and urban collapse. The challenge facing the auto industry is to keep pace with the changing values of society and to develop the technology to do so, and so on goes the need for new technology. Computers are also a huge technological advance in todays society. They were first invented as a big calculator, and now with the help of computers we can communicate with people all over the world with the touch of a button. Computers are used in most manufacturing industries today, and used to automate processes in much faster ways. These can be office procedures such as word processing or bookkeeping, or production processes such as cutting and assembling clothes. They are becoming an important part of industrial design. The wide use to computers has stimulated companies, which manufacture the many parts needed to make and operate them. Technology has helped increase the speed of communication and decrease its cost. In earlier times, the major form of communication was for people to visit each other and go to public meeting places. One of the next major advances was the telephone. Due to the telephone, people no longer went to the public meeting places as often as they used to. As time goes on, new advances still allow people to contact and communicate with each other more easily. These advances such as faxes, beepers, and electronic mail, although seemingly making life easier. The field of medicine, like the field communication, also had many advances, has also caused many difficulties. As scientists and doctors try to come up with cures for the many diseases we have today, they are also making new ones. For example, when scientists went to Africa in search of a cure for a disease, they came back with monkeys that were contaminated with the Emboli virus. Today in Russia, there are military bases where Russian scientists are creating thousands of germs and viruses to use in germ warfare. These germs and viruses are capable of killing thousands of people instantly. Technology can be used against us as well, and everyday doctors and military personnel try to come up with ways to cure or destroy human life. .u243d54bd936837dc4b35bf764380441c , .u243d54bd936837dc4b35bf764380441c .postImageUrl , .u243d54bd936837dc4b35bf764380441c .centered-text-area { min-height: 80px; position: relative; } .u243d54bd936837dc4b35bf764380441c , .u243d54bd936837dc4b35bf764380441c:hover , .u243d54bd936837dc4b35bf764380441c:visited , .u243d54bd936837dc4b35bf764380441c:active { border:0!important; } .u243d54bd936837dc4b35bf764380441c .clearfix:after { content: ""; display: table; clear: both; } .u243d54bd936837dc4b35bf764380441c { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u243d54bd936837dc4b35bf764380441c:active , .u243d54bd936837dc4b35bf764380441c:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u243d54bd936837dc4b35bf764380441c .centered-text-area { width: 100%; position: relative ; } .u243d54bd936837dc4b35bf764380441c .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u243d54bd936837dc4b35bf764380441c .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u243d54bd936837dc4b35bf764380441c .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u243d54bd936837dc4b35bf764380441c:hover .ctaButton { background-color: #34495E!important; } .u243d54bd936837dc4b35bf764380441c .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u243d54bd936837dc4b35bf764380441c .u243d54bd936837dc4b35bf764380441c-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u243d54bd936837dc4b35bf764380441c:after { content: ""; display: block; clear: both; } READ: Dr. Seuss EssayAs technology continues to advance and society moves forward, people continue to aspire for more. In conclusion, technology continues to advance at a rapid rate. This quest to understand the ways in which our surroundings work has led to many scientific discoveries and innovations. The more we learn and develop the faster the rate of technology is. With these advances come more technological problems that arouse a demand for more new scientific knowledge. Because of all the advances in technology that have already taken place in our past we can now explore and research new ideas, cures in medical fields, in communications, and new forms of transportation.

Friday, November 29, 2019

The Presidential Election Of 2000 Essays - Bush Family,

The Presidential Election Of 2000 The Presidential election of 2000 was one of the most controversial and divisive political events in recent history, perfectly illustrating the schism between the two political parties and the almost uncannily equality of these groups. However, this election also showed the nation that although many issues keep these two parties in two distinct camps, an equal number of issues drew very similar responses from the Republican candidate, George W. Bush, and the Democratic candidate, Al Gore. Truly, the past few years have seen a gravitation on the parts of both parties towards a middle ground that has frustrated extreme conservatives and liberals; two minor candidates, Ralph Nader and Pat Buchannan, illustrated this conformity by their bids in this election on, respectively, more liberal and more conservative platforms. Nader's claims of two identical major party candidates were exagerrated: the two men did have greatly varying viewpoints on such issues as health care, abortion, tax ref orm, education, and the environment. However, other issues, such as campaign finance reform, gun control, the war on drugs, and foreign policy, have drawn remarkably similar stances from the two men. The issue of taxes became central to the 2000 election when Republican candidate George W. Bush promised to use a third of the current surplus to enact a substantial tax cut. This $1.6 trillion dollar sum would allow a tax cut in each income bracket, an increase in child tax credits and credits for married couples, and a repeal of the estate tax. Gore wanted to reduce this $1.6 trillion dollar sum to $480 million and limit the tax cuts to those he feels need them most, the tax payers in the lower brackets. He also wanted to create credits for college tuition, preschool, care for an elderly parent, the purchase of a fuel-efficient car, and retirement-savings accounts, all credits designed to give tax breaks to those who need them (Frank 72). The differences in the two candidates' views on abortion will chiefly influence the appointment of new supreme court justices. Several justices are looking towards retirement within the next four years. Bush would appoint justices such as Clarence Thomas and Antonin Scalia, while Gore would appoint justices such as Stephen Breyer and Ruth Bader Ginsburg. These justices would also have an effect on vouchers for religious schools and affirmative action. Bush would support banning partial abortions, but, while Gore claims he does not support these abortions, he would oppose banning them. Another crucial difference concerning abortion concerns the abortion pill known as RU-486. This pill is taken orally after conception and kills the fetus as in a doctor assisted abortion. Bush opposes legalizing this pill, while Gore supports it (Frank 72). Bush and Gore differ concerning health care in their methods of ensuring that all families are medically insured. Bush wants to give a $2,000 tax credit to uninsured families in order to encourage the purchase of insurance. Gore would like to rely on the Children's Health Insurance Program to allow low- and middle-income children's parents to buy subsidized insurance. Both candidates would like to give patients the right to sue HMOs, but Bush would like this right to be much more restricted than Gore would. Gore wants to preserve Medicare by pushing $435 billion dollars into the lockbox, while Bush would turn Medicare into more of an insurance based operation than social security based, allowing the money to be used for insurance and prescription drugs (Frank 72). Another major bone of contention between the two candidates involves environmental concerns. Bush and Gore disagree on where the needs of the nation outweigh the needs of the earth. A focal point of these environmental concerns has been the Arctic National Wildlife Refuge in Alaska. Bush would like to drill in this reserve in order to increase the United States' petroleum reserves and reduce the prices of gasoline. However, Gore would like to keep this reserve pure as it contains several endangered species and is a unique preserved natural environment. Bush is also an opponent of the Clean Air and Water Acts, pet projects of Gore, because he feels they limit the sovereign powers of individual states (Globe A28). These issues illustrate that there are certainly differences between the

Monday, November 25, 2019

Free Essays on Venetian Mask

Historically, masquerading was a shared practice among Venetians, regardless of whether they were wealthy, destitute, bold or even shy. Masked prostitutes would engage in the most reckless games of eroticism, and be certain that their anonymity would dissolve all accepted restraints. Aristocrats, who would usually go to great lengths not to disclose even a clue of their sexual preferences, were able to wear masks and star in acts that back then were not only sinful but also against the law. Even gamblers wore masks to remain anonymous, lest great personal wins and/or losses of money or possessions would not be known by the community. As you might imagine, for some, the wearing of masks was almost necessary! The Venice environment, because of its crowded city conditions, didn't really allow for much seclusion or solitude; individual anonymity or privacy was difficult to come by. Thus, the "mask" became an outlet for many to depart from the mainstream life they were leading. The average citizen found that by wearing a mask they could act like a stranger, revealing their real persona, which they normally kept to themselves to avoid being judged by others. Sadly, there were some greedy characters who would use to their benefit the frequent masquing events throughout the year to engage in various illegal and immoral acts. In 1268, the city's governing bodies, in an attempt to control masquerading, voted for the first of many city statutes that would ultimately ban brutal and aggressive acts, the waste of valuable fabrics, forbidden visits to convents and unlawful ownership of weapons. These types of ordinances would continue being passed right up until the fall of the Venetian Serenissima Republic in 1797. The use of masks was utlimately banned completely at certain times throughout the year. These bans were strictly enforced during religious services and celebrations such as "The Circumcision of Christ" and "The Purification ... Free Essays on Venetian Mask Free Essays on Venetian Mask Historically, masquerading was a shared practice among Venetians, regardless of whether they were wealthy, destitute, bold or even shy. Masked prostitutes would engage in the most reckless games of eroticism, and be certain that their anonymity would dissolve all accepted restraints. Aristocrats, who would usually go to great lengths not to disclose even a clue of their sexual preferences, were able to wear masks and star in acts that back then were not only sinful but also against the law. Even gamblers wore masks to remain anonymous, lest great personal wins and/or losses of money or possessions would not be known by the community. As you might imagine, for some, the wearing of masks was almost necessary! The Venice environment, because of its crowded city conditions, didn't really allow for much seclusion or solitude; individual anonymity or privacy was difficult to come by. Thus, the "mask" became an outlet for many to depart from the mainstream life they were leading. The average citizen found that by wearing a mask they could act like a stranger, revealing their real persona, which they normally kept to themselves to avoid being judged by others. Sadly, there were some greedy characters who would use to their benefit the frequent masquing events throughout the year to engage in various illegal and immoral acts. In 1268, the city's governing bodies, in an attempt to control masquerading, voted for the first of many city statutes that would ultimately ban brutal and aggressive acts, the waste of valuable fabrics, forbidden visits to convents and unlawful ownership of weapons. These types of ordinances would continue being passed right up until the fall of the Venetian Serenissima Republic in 1797. The use of masks was utlimately banned completely at certain times throughout the year. These bans were strictly enforced during religious services and celebrations such as "The Circumcision of Christ" and "The Purification ...

Thursday, November 21, 2019

Cardiovascular system in our body Essay Example | Topics and Well Written Essays - 1000 words

Cardiovascular system in our body - Essay Example Therefore, the system formed by the heart and vessels in our body is called the cardiovascular system. The system is also referred to as the circulatory system. For several years, people have been enthralled by the cardiovascular system. This is probably because; during those times people mostly believed that life was associated with the beating of the heart. The people of the earlier periods only used to have a hazy and common notion, about the cardiovascular system. However, as time progressed and people witnessed advancement in technology, the real purpose of this significant system and its components was attained. Currently, we are knowledgeable to understand that the cardiovascular system is integral, in carrying oxygen and nourishment the human body cells. The heart and blood, as well as blood vessels, are the chief apparatus of this vital system. Although the cardiovascular system was covered immensely, and written about, it was hardly understood. The circulatory system parts were discovered, identified and recorded earlier, before they were even understood how they functioned. For instance, the early Greek physicians associated the arteries with air delivering throughout the body, and to them nothing else contributed to this function. Incredibly, this notion was believed until twelve centuries later, when the veins and arteries were associated with their main function of transporting the significant body fluid referred to as blood. Furthermore, even as late as the 4th century BC, a period during which a physician of the hippocratean order, discovered the heart valves, the true comprehending of their chief function would evade the physicians for another thirteen hundred years, before it was established (Cobb, P. 1). The clear variation between the arteries and veins was discovered by Herophilus, who was a Greek physician, between 335-280 BC. He made most of his discoveries, by conducting scientific dissection of a human corpse, or through a systematic vivisection of living humans. After his death, dissection was rendered illegal, and it took over eighteen hundred more years before the studies were later resumed. Erasistratus, who was Herophilus’ apprentice, discovered that, when a cut was made on the arteries of a living patient, blood would spill. Claudius Galanus in (AD 129 200/217), which was five hundred years following the death of Herophilus, made a clear and distinct variation between the venous and the arterial system. He discovered that the venous system was responsible for transporting blood rich in nutrition, whereas the arterial system was concerned with transporting of the body heat. Further studies by William Harvey, who had previously described the veins’ valves wit hout indicating their function, led him to declare that the human circulatory system was his discovery, in 1628. The capillary system, which links the veins and arteries, was identified by Marcello Malpighi, an Italian doctor, thirty years after Harvey’s claim. Although, by this period, the circulatory system had eventually been mapped, proper comprehension of the functions of the process, were not accomplished, until the 20th century. Even later years such as earlier 1900s, physicians were still dynamically explaining leeches and bloodletting. However, even in the modern era, studies are still ongoing to understand the cardiovascular system (Cobb, P. 1). The heart is a crucial organ that enhances the well being of people; thus entailing that it should be maintained in

Wednesday, November 20, 2019

Decision Making in Paramedic - Reasoning Pathway of Each of the Crew M Assignment

Decision Making in Paramedic - Reasoning Pathway of Each of the Crew Members - Assignment Example Joshua in making his decision concerning the diagnosis of Samuel settles on the diagnosis to be a severe asthma attack with possible musculoskeletal involvement. Intuitively, this decision could be influenced by his learning and work exposure. As a volunteer firefighter, Joshua might have probably been influenced by the cases he had witnessed in other paramedical emergencies that befitted the same diagnosis. Tanya in her decision of settling on the diagnosis of Samuel to be an asthma attack could be influenced by the pattern reasoning based on policy guidelines that she has been part of its development. This could equally be influenced by the fact that Tanya had not been exposed to a significant number of situations where asthma exists with other comorbid conditions (Frederick 2005, pp.25–42). Hypothetico-deductive reasoning can be used in the situation of Samuel as a means of elimination of other potential diagnoses. Hypothetico-deductive reasoning model employs the scientific model in the elimination of the unfavourable or undesirable decisions. The model involves the setting of hypothesis then testing the feasibility of the hypothesis to arrive at a decision (Sprenger 2011, pp.497). Application of hypothetico-deductive reasoning would first entail the use of experience in making the diagnosis. The decision maker would consider the problem and attempts to make sense out of the situation. The person then gathers data and look for the previous explanation that may be related to the problem. The second step is the formation of hypothesis; prediction of the feasibility of the hypothesis is then determined to ascertain its accuracy. The process then resolves with testing of the hypothesis. Testing of the hypothesis is done by looking for evidence and through observation that will help in eliminating other potential diagnosis and helps the decision maker to arrive at the best possible diagnosis. Application of Hypothetico-deductive reasoning in the case of Samuel would help the paramedics to eliminate the potential diagnosis of angina and asthma as they would be distinctively be eliminated through hypothesis testing process (Guerrero et al. 2005, pp.1343).  Ã‚  

Monday, November 18, 2019

British English Dialectology Essay Example | Topics and Well Written Essays - 2000 words

British English Dialectology - Essay Example Indeed, the precise condition of these variables has been a basis for debate for students. If the graduates were considered as forms of Caribbean Standard English, varying English tongues, or enunciations of British English linguistics could have been imposed among its variables. While one cannot take note of the fact that there are variations to be made between the numerous Caribbean varieties, the general imprint as stated by David Cystal, is one of a compilation of expressions close affiliated with framework and language (Pietsch, Kortmann & Wagner, 2005, p. 5). This is a perspective shared by Loreto Toddsince he clearly claims that there are inadequate collective-core facets to allow people to regard us to consider them as a logically standardized philological group. Several universal syntactic outlines have been seen in all the variables, even if variations in enunciation or presaging reduce the similarities less understandable. According to leading English dialects and scholars , there is adequacy in regularity between the creolized English of one part of the Caribbean and another for there to be a prospective Caribbean English for writers to make use of with influence, whatever listeners they are focusing on having a huge impact on. The following paper will look into the various variables that have come to define a characteristic of a particular diversity of English. The essay will be followed by an immediate survey of the literature done on British English linguistics, whether in enunciation, grammar or bilingual dictionary. A. Variables that define a characteristic of British English dialectology I. Geographical variation Demographical variation is additionally complex by the fact that every zonal will adjust in register in accordance with the environment of the language (Pietsch, Kortmann & Wagner, 2005, p. 12). It is currently generally believed that the linguistic condition in the Carribean could be best defined in terms of a variety with wide Creole , or the basilect at a single end and average English, or the Creole at the other. In between are to be discovered the language outlines or mesolects. The Barbadian writer George laming, composing a majority of these literary works concerning English writers’ who support the thesis that the language these works were composed in English, a West Indian language. Whilst African and Indian author composing in English define personalities whose beliefs would not on the whole be in English, West Indian authors do not have to confront a similar issue (Gorlach & Schneider, 1997, p. 140). Nevertheless, renowned literature composers claimed that that it is English that is not regulated, imported, learned English, but that of the submerged surrealist experience and sensibility that has consistently been present. It is currently increasingly coming to the surface and affecting the idea of short-term Caribbean people. Even so, if the word Caribbean implies to a broad range and diverse fie ld, the people have a joint experience and resembling worries when it comes to the issues of uniqueness and linguistics (Pietsch, Kortmann & Wagner, 2005, p.20). II. Social variables Such a range of variables can be affiliated with a detailed place or field instead, more astonishingly it also might be affiliated with a definite communal group. It could be male or female, youthful or aged are aspects that define the social variable of the

Saturday, November 16, 2019

Economic And Behavioural Theories In Compensation Economics Essay

Economic And Behavioural Theories In Compensation Economics Essay INTRODUCTION Wages are determined by both the supply and demand of particular type of labour. The factors which influence wages are supply, price, skill, experience, ability, reputation. The wages theories have important policy implications and applicable for some of the definite occupations or line of work, none of these is adequate as a general theory having universal applicability. The economic theories of wages fail to provide a complete explanation of the problem of wage determination. Studies conducted by behavioral scientists to some extent fill the gaps in the earlier theories, which have highlighted the importance of psychological and sociological factors on wages. The key issues developed by economic and behavioral theorists are briefly reviewed in this chapter. THEORIES OF COMPENSATION Compensation theories mainly divided into two parts: Economic theory Behavioral theory Economic theory consist the following and described as under: SUBSISTENCE THEORY (Given by DAVID RICARDO in 1772-1823) David Ricardo, in his famous book Principles of Political Economy and Taxation propounded the subsistence theory of wages: Ricardo states that the price of labour depends upon subsistence of labour. The theory was based on the assumption that if the workers were paid more than subsistence wage, their numbers of labour would increase as they would reproduce more; and this would bring low the rate of compensation. If the rate of compensation decreased below the subsistence level, the number of workers would reduced as many would die because of lack of food or hunger, increased inability due to scarcity of nutrition, abnormal health conditions, cold, etc. and many of them could not marry because they fell that they could not able to accept the responsibility . This will result in decreased labour supply, which will lastly be same like as the demand for it. Ricardo viewed that the market price of labour could not vary from the subsistence level for a long time. For this reason, the subs istence wage theory was also known as the Iron Law of Wages. THE SURPLUS VALUE THEORY (Given by KARL MARX in 1818-1883) This theory owes its development to Karl Marx. According to this theory, the labour was an article of trade, which could be purchased on payment of subsistence price. Marx in many ways is closer to Ricardo in his approach to the question of value for labour power. He accepted Ricardos view that the market price of labour power could not for long depart from the value of the subsistence which is required for the maintenance of that labour power. He, however, viewed that it was not the tendency of population, which brought wages to the subsistence level, but it was the tendency in the capitalist system to chronic unemployment and the existence of industrial reserve army, which drove wages to the subsistence level. Labour supply always cared for the excess of the demand for it of capitalist wage system. The capitalist was in a position to force the worker to spend more time of his job than what was necessary to earn his subsistence wage. Product price was set or fixed by the total time needed for generating the output by the labour. The price of any product was determined by the labour time needed for producing it. According to Marx, the labour did not receive complete remuneration for the time he spent on their work place or job. Marx, however, held the view that the introduction of trade union bargaining and similar interferences could stop the tendency of wages falling to their minimum level and even reverse it. THE WAGES FUND THEORY (Given by ADAM SMITH in 1723-1790) This theory was propounded by Adam Smith. His basic assumption was that wages are paid out of money which lay surplus with wealthy persons as a result of savings. It was the size of the fund, which determined the demand for labour and the wages paid to them. According to wages fund theory, wages are determined by: (a) the wage fund or part of working capital which has been increased for getting the labour work; and (b) the number of workers seeking employment. The wage fund was assumed to be fixed and it does not change. Any change in wage rate, because of increase or decrease in the size of labour getting job opportunity. The wages fund theory based on the productivity of labour and profitability of any organization it shows that increased in the savings increased in the wages, it may change after the fixed tenure. Increase in remuneration could help to increase the efficiency of labour, it would presumably augment the employers demand for that labour. Hence, a rise in wage level not only influences the supply conditions of labour but also causes a shift in the demand for labour. This is quite opposite to the assumption made by the theory that the demand for labour is fixed. THE MARGINAL PRODUCTIVITY THEORY (Given by J.B.CLARCK) This theory was propounded by Phillips Henry Wicksteed (England) and John Bates Clark (USA). According to this theory, compensation are based upon an entrepreneurs calculation of the rate that will probably be acquire by the marginal worker. The marginal productivity theory pretended that there was a certain quantity of worker received the job and the remuneration value at which this worker could secure employment in a competitive labour market was equal to the addition to total production that resulted from employing the marginal unit of that labour force. It was also pretended that production is carried out under the conditions of diminishing returns to labour. The principle of diminishing marginal productivity postulates that the contribution of each additional unit of labour would be less than that of the unit previously hired. Therefore, inspite of the fact that the productivity of the individual labourer may be higher than that of the marginal labourer, he will not be paid more than what the marginal labourer will get. In the short run wage rate can be both higher and lower than the marginal revenue productivity of labourers, but in the long run it gets equalised with the marginal revenue productivity of labourers. If the prevailing wage rate is lower than marginal productivity, it will be profitable for the employers and the resulting competition among employers to employ more workers will tend to raise the wages. On the contrary, if the prevailing wage rate is higher than the marginal productivity, the employment of marginal workers will yield him losses and he would stop employing them. This will result in competition among workers for jobs, which would lower the wages. Thus in the long run the equilibrium wage rate will become equal to the marginal revenue productivity of labour. The marginal productivity theory is considered superior to the earlier theories on wages. THE BARGAINING THEORY (Given by JOHN DAVIDESON) John Davidson propounded this theory. He argued that the wages and time period of work were ultimately defineds by the relative bargaining power between the employers and the employees. According to this theory, there is a top limit and a lower limit of compensation and the actual wage rates in between these limits are set or calculated by the bargaining power of the employers and the employees. The upper limit could be the highest wages that the employers would be willing to pay beyond which they will incur losses resulting from high labour costs. The lower limit could be either the minimum wages prescribed under the statute or the strength of the workers at the necessary remuneration below which they will not be ready for work. DEMAND AND SUPPLY THEORY (Given by MARSHALL) This theory is given by Marshall. He assumed the whole set of factors which govern demand for and supply of labour affected the determination of wages. It is therefore necessary to understand the various factors, which influence the demand for and supply of labour. The employers demand for labour is dependent on a number of factors such as the demand for his/her product, availability of other factors of production (the most important being the supply of capital), the level of technological progress, etc. The demand price of labour is determined by the marginal productivity of individual worker. Supply of manpower can be stated in a number of senses. First, it refers to the number of workers getting job and the workers with no alternative for survival, join the labour market for getting the job for wages. Secondly, it may be the number of hours or given time period for which each worker is ready for doing job. Finally, the supply of labour varies with the intensity of work. The supply of labour tends to increase if the workers work harder than before. Thus, Wage rates are influenced by a number of factors governing the demand for and supply of labour. The marginal productivity of labour, determines its demand price. It is the standard of living of workers that plays an important role in the determination of supply price of labour. The actual wage rate is determined at that level where the demand for and supply of labour are equal. In real world, however, labour markets are generally non-competitive. The wage levels expected to result from the free interaction of demand and supply are often modified by the resistance from workers to accept wages below the subsistence level; trade union action, government intervention in wage fixation, and immobility of workers. PURCHASING POWER THEORY (Given by PIGOUN) In the book General Theory of Employment, Interest and Money explained the concept of purchasing power. According to him, wage is not only the cost of production to the employer but also an income for the labour. The same workers and their families consume a major part of the products of the industry. Hence, if the earning of the labour is high they will have more consuming power, which would help to higher the aggregate demand for goods and also a high level of output. On the other hand, if the wage rates were low, their purchasing power would be less, which would bring about a decrease in the aggregate demand. This will have an adverse effect on the levels of employment and output. According to Keynes, unemployment and depression will further add to the problem. Therefore, a cut in wage national income falls; it would have an adverse effect on employment rate. According to the Keynesian Theory, fill employment is a function of national income; the higher the level of national income the greater the volume of employment and both income and employment are determined by effective demand. Hence, if the national income falls, it would have an adverse effect on employment. COMPARATIVE ADVANTAGE THEORY Economists specializing in international trade argued about countries, industries and companies competing on the basis of comparative advantage of cheap labour Employers are known to move to areas where labour is cheap, be it within a country or across countries. Subject to internal and external constraints, labour also tends to show a tendency to move to areas, which pay higher value for their skills and effort. In recent years, however, there is pressure on countries and companies competing on the basis of cheap labour to ensure compliance with minimum core labour standards concerning minimum age, freedom of association, right to collective bargaining forced labour and non-discrimination. LIMITATIONS OF ECONOMIC THEORIES 1. According to Subsistence theory, the assumption that the supply of labour is perfectly elastic at the subsistence wage level is incorrect. The theory does not consider wage differentials, which are bound to exist across regions. 2. The subsistence theory ignores the importance of the role of the demand for labour and the role of trade unions in wage determination. 3. Economic theories either assume that wages and prices are either fully fixed or fully flexible. The reality lies somewhere in between. 4. Most wage theories are based on the assumption of full employment. In most developing countries this is not really the case. 5. Labour is not as mobile as capital and products are. Therefore wage rates could be influenced by the changes in the demand for and supply of factors other than labour too. 6. Wages and benefits reflect industry characteristics and personal characteristics (including skill differentials) as well as societal preferences and prejudices. 8. Interference by government and trade unions could minimize the influence of the market forces of demand and supply of labour. 9. Technology and productivity are major determinants. Low wages may not mean low wage costs. Similarly high wage rates may not mean high unit labour costs. 10. With the growing pressure for linking labour standards with international trade, increasingly it will become difficult (for countries, industries and companies) to compete on the basis of comparative advantage of cheap labour. BEHAVIOURAL THEORIES AND RELEVANT ISSUES Behavior means naturally reaction or movement to the environment and yourself. Motivation is the process of attempting to influence others to do your work will through the possibility of gain or reward. Remuneration of every worker has a behavioral objective and seeks to fulfill the survival need (physiological or psychological) to fulfill the goals. Luthans argues that `motivation is a process that starts with a physiological or psychological deficiency or need that activates behavior or a drive that is aimed at a goal. Compensation policy are targeted at rewarding manpower for their skill, talent, performance, effort, responsibility and working conditions and increase their morale for efficient performance. Behavioral theories are divided into three categories:- Content theories Process theories, and Contemporary theories CONTENT THEORIES The content theories explain what inspires manpower at their jobs. Maslow, Hergberg and Alderfer gives their significant contribution to content theories. These are as follows:- 1.HIERARCHY OF NEEDS: Abraham Maslow proposed the first theory called the hierarchy of needs theory. He proposed five needs of any people in needs hierarchy physiological or basic need (food, shelter, clothing), safety need (emotional and physical safety health insurance, pension), social need (affection and belongingness to society), Self-esteem need (power, achievement, status, etc.), and self- actualization (personal growth, realization of potential). Maslow believed that within every individual, there exists a hierarchy of five needs and each level of need must be satisfied before an individual pursues the next higher level of need. As an individual progresses trough the various levels of needs, the proceeding needs loose their motivational value. 2.TWO FACTOR THEORY OF MOTIVATION: Herzberg extended work of Maslow and developed a specific content theory of work motivation. Factors of this motivational theory divided into two categories: Intrinsic cand Extrinsic. Interinsic factors are the motivators (satisfiers) for the workforce and, Exterinsic factorsar the hygiene factors (dissatisfiers). Intrinsic remuneration are motivators or satisfiers work for satisfy workers related to job content. It includes success, identification, responsibility, work enrichment, and works enlargement. Extrinsic remuneration are hygiene factors and helps to reduce the dissatisfaction on the job. It includes company rules regulation and administration, supervision, co-ordination, salary structure, interpersonal relations, working environment 3.ERG THEORY: Clayton Alderfer identified 3 groups of core needs; they are- Existence, Relatedness and Growth. (a) The existence needs are concerned with survival. (b) The connected needs and the importance of interpersonal and social relationship. (c) The growth needs are concerned with individuals intrinsic desire for personal development. Based on a persons background and social environment, one set of needs may precede over others. The job of Maslow, Hergberg and Alderfer are related to content theories. They give useful theories but have limited implications for policy and practice. PROCESS THEORIES Process theories were examined by performance of Vroom (on valence and expectancy) and Porter and Lawer (performance-satisfaction linkage). They look at the related procedingss that go into motivation or effort, particularly the way they relate to one another. EXPECTANCY THEORY: Victor Vroom developed expectancy theory under process theory based on the abstract of valence, expectancy and instrumentality. Valence states to an individuals orientation for a individual result. For instance, most old employees perceives value benefits against fewer, if any, younger employee in todays knowledge industry, single (unmarried) workers with fewer family responsibility have less or no need for benefits like childrens education, health benefits, leave travel allowance etc. than older, married employees with one or more children. Instrumentality refers that a people would be inspired to give better performance in anticipation of promotion. Expectancy states that the degree of chances accor to a particular activity or process or effort will lead to particular first-level results on the other hand, Instrumentality states to the degree of chances that relates first-level results and desired second-level results. In simple words, Motivation is a -function of valence and expectancy. According to Vrooms concept it can be interpreted that: manpower gives to the organization what it needs from people, higher performance and in exchange they expect promotion. CONTEMPORARY THEORIES The contemporary theories describe the modern concept of how people motivates at work. These include Equity and Attribution theories. These are explained as follows:- 1. EQUITY THEORY J. Stacy Adams, developed by equity theory, and give their views that primary input on job performance and satisfaction on the basis of equity that people fells in their working conditions. Inequity comes in existence when a manpower feels that the ratio of his or her results to inputs and the ratio of a relevant others results to inputs are imbalanced. Equity can be stated in two elements. One is internal and other is external. Internal equity states that the imbalance in the remuneration between the several skills or talent and responsibility level among the various manpower. Internal equity is determined through job evaluation. External equity states that when remuneration levels for same skills levels in one organization compare with other workers in any different organization in same industry and geographical region. External equity is determined usually through compensation surveys or interview and compensation satisfaction surveys. Companies, which pay remuneration at lower rate than the market rates, would be in problem to attract, retain and inspire manpower to perform with full efficiency. Our manpower doesnt perceive happiness when they get lower remuneration than what they deserve. When an employee gets remuneration at higher rates than what he/she considers is fair. Now the question is that to check out what they are receiving, what they deserve and what is fair for our manpower to maintain balance or equity in compensation system. 2.ATTRIBUTION THEORY: This theory is contributed by Fritz Heider, Lewin and Festinger. They assume that people are rational and logical in their behavior and that both inter and outer forces get composed additively to conclude behaviour. People will behave differently if they realize that their results are controlled or supervised more internally than externally. This theory has great efficiency for understanding organizational behaviour and contributes deep insights on goal setting, leadership behaviour and diagnosing causal factors of employee performance. QUESTIONS:- 1. Explain the importance of the theory of wages. 2. What are the different types of theory of wages? Explain in detail. 3. Are wages determined only on the basis of the demand and supply of labour? 4. Explain the significance of behavioural theories in Wages determination? 5. What are the limitations that arise while wages determination in economic theories?

Wednesday, November 13, 2019

Robert James, My Friend :: Personal Narrative Writing

Robert James, My Friend Robert James was missing his two front teeth. Robert James smelled really bad. Robert James came to school with chicken pox. Robert James did not have any friends. Robert James taught me things I could not believe. Robert James was my friend. I first met Robert when I was in eighth grade. We sat next to each other on the first day of Mrs. Miller's algebra class. He smelled really bad that day, by the looks of it he had not showered in a few weeks. Initially I was quite appalled by this odor, and this gave me a bad first impression of him. Robert was always nice to me though. Robert was not a very popular kid. He would have been placed in the "skanks" group, the group of kids who did not shower and came from lower income families. He moved to Goshen the summer before his eighth grade year, and he did not know anyone. He was made fun of on a daily basis, not only by the "preps," but by the "skanks" as well. It did not seem as if Robert had much going for him in his life. I was a very timid child in middle school. I had friends and people to associate with, but I was not very out going or overly talkative. I had a hard time talking to people I didn't know, and people like Robert intimidated me. This is why when I was assigned to be his math partner I was quite scared. In the first week of school Mrs. Miller assigned everyone in the class a math partner, someone who we would spend the semester working on in-class assignments. When I found out that I would be working with Robert all semester I did not know what to think. I was not particularly skilled in algebra, and I assumed that Robert would not be smart either. This was the first thing way that Robert proved me wrong. I think that Robert knew that I was scared of him. The first time we had to work together, he was overwhelmingly nice to me. He asked me all kinds of questions about myself, and helped me to relax. I nearly forgot who I was talking with, and opened up to him. Robert James, My Friend :: Personal Narrative Writing Robert James, My Friend Robert James was missing his two front teeth. Robert James smelled really bad. Robert James came to school with chicken pox. Robert James did not have any friends. Robert James taught me things I could not believe. Robert James was my friend. I first met Robert when I was in eighth grade. We sat next to each other on the first day of Mrs. Miller's algebra class. He smelled really bad that day, by the looks of it he had not showered in a few weeks. Initially I was quite appalled by this odor, and this gave me a bad first impression of him. Robert was always nice to me though. Robert was not a very popular kid. He would have been placed in the "skanks" group, the group of kids who did not shower and came from lower income families. He moved to Goshen the summer before his eighth grade year, and he did not know anyone. He was made fun of on a daily basis, not only by the "preps," but by the "skanks" as well. It did not seem as if Robert had much going for him in his life. I was a very timid child in middle school. I had friends and people to associate with, but I was not very out going or overly talkative. I had a hard time talking to people I didn't know, and people like Robert intimidated me. This is why when I was assigned to be his math partner I was quite scared. In the first week of school Mrs. Miller assigned everyone in the class a math partner, someone who we would spend the semester working on in-class assignments. When I found out that I would be working with Robert all semester I did not know what to think. I was not particularly skilled in algebra, and I assumed that Robert would not be smart either. This was the first thing way that Robert proved me wrong. I think that Robert knew that I was scared of him. The first time we had to work together, he was overwhelmingly nice to me. He asked me all kinds of questions about myself, and helped me to relax. I nearly forgot who I was talking with, and opened up to him.

Monday, November 11, 2019

Arsenic and Old Lace Essay

The play opens in the living room of the Brewster home, where Abby and Martha Brewster, and their nephew, Teddy live. Teddy, who is rather crazy, believes himself to be Theodore Roosevelt. Mortimer enters and announces to his aunts that he intends to marry Elaine, the minister’s daughter, whom he is taking to a play that evening. Things begin to unravel as Mortimer lifts the lid to the window seat. He discovers the dead body of Mr. Hoskins and assumes that Teddy has killed him. However, Abby and Martha tell Mortimer that it was they who poisoned the man with their homemade elderberry wine – and that he is the eleventh (or twelfth) gentleman they have poisoned. Meanwhile Teddy is down in the cellar digging what he believes is the Panama Canal but is in reality a grave. Mortimer and Teddy’s brother Jonathan arrives. Jonathan is accompanied by Dr. Einstein, a plastic surgeon. Dr. Einstein has operated on Jonathan so that he looks like Boris Karloff, the horror film star. Teddy invites Einstein to join him in the cellar, where he believes he is digging the Panama Canal. Einstein quickly returns and confides to Jonathan that there is a hole large enough to bury Mr. Spenalzo (a man Jonathan recently killed) after everyone goes to bed. Once the lights are out and everyone is supposedly asleep, Teddy goes to the window seat to get Mr. Hoskins. At the same time Jonathan and Einstein go to their car to get Mr. Spenalzo. Both plan on burying the bodies in the cellar. Lights blink on and off, bodies are moved from the window seat to the cellar to the car outside, accusations and threats fly back and forth. Due to the commotion at the house, Officer O’Hara stops by to make sure all is well. When he is sure that everything is alright, he shifts topics and asks Mortimer of a play he is writing. Just then, the lieutenant bursts in and recognizes Jonathan as an escapee from a prison for the criminally insane. Jonathan tells the officers about the bodies in the cellar, but they don’t believe him and take him off to prison. Einstein gets away, and Teddy is certified insane and taken to the Happy Dale Sanitarium. Mortimer happily agrees when his aunts insist on going to Happy Dale with their nephew. The aunts then kindly inform Mortimer that he is actually not a member of the Brewster family. He was an illegitimate child and thus can marry Elaine without fear of passing the Brewster insanity on to his children. Mortimer happily departs, but before the women leave their house, they offer a drink to the head of Happy Dale, Mr. Witherspoon. Witherspoon is a lonely older gentleman, and he gladly accepts a glass of the spiked elderberry wine.

Friday, November 8, 2019

Some Paper that I have to upload

Some Paper that I have to upload Some Paper that I have to upload Accounting 372 – Financial Accounting II Course Syllabus for Spring Semester 2014 Instructor: Gregory L. Prescott, CPA, CGMA, CMA, CFM Office Location: Mitchell Learning Resource Center, #122 Office Phone: 251 460-6409 Home Phone: 251 661-8376 E-mail address: gprescot@southalabama.edu Class/Office Hours: Class Schedule ACC 372.101 Tu – Th 11:00 a.m. – 12:15 p.m. ACC 416.101 Tu – Th 12:30 – 1:45 p.m. ACC 511.501 Tu – Th 7:30 – 8:45 p.m. Office Hours Tu & Th 7:30 – 11:00 a.m. Tu & Th 7:00 – 7:30 p.m. & 8:45 – 9:00 p.m. Wednesday 2:00 – 3:00 p.m. Textbook Intermediate Accounting by Kieso, Weygandt, & Warfield, 15th edition Class Notes for Intermediate Accounting available on the course website on Sakai Intermediate Accounting Problem-Solving Survival Guide (optional but recommended) Intermediate Accounting Study Guide (optional but recommended) WARNING Ask any of your fellow accounting majors who are at a more advanced stage of their coursework or ask anyone else who majored in accounting and they will tell you that the intermediate accounting courses were the easily the most difficult courses. You should expect this course to be challenging. In order for you to do well, you will be required to put forth significant effort. It is important that you read the pertinent text material before the related class discussion. Class time will be devoted primarily to lecture and discussion on the chapter material followed by working pertinent exercises and problems. Attendance Attendance at all class sessions is expected. Research indicates that students who attend most classes have higher performance and earn higher grades than students who do not attend class frequently. As a result of the demands of this course, you are expected to attend each class meeting and to arrive on time. You will be responsible for all material covered and announcements made during class, whether or not you are present. Homework Assignments Exercises and problems are assigned for each chapter. Experience indicates there is a strong relationship between the number of homework problems successfully completed by a student and his or her final grade in an accounting course. You are expected to complete homework assignments in time for the related class discussion. It is your responsibility to be prepared to respond when called on in class. Examinations & Grades Your letter grade for the course will be determined by your performance on three exams given during the semester; your performance on homework assignments; and your performance on quizzes given during the semester. Each exam will be made up of multiple choice questions and accounting problems and will be worth 100 points. Your homework assignments will be worth a total of 50 points. Additionally, there will be a total of up to eight ‘quizzes’ during the semester. These ‘quizzes’ will come from the chapter homework assignments; specifically, they will come from the Homework Handouts and assigned chapter exercises. The ‘quizzes’ will be worth a total of 100 points or more than 20% of the course grade. Therefore, your letter grade for the course will be determined based on how many of the up to 450 possible points you earn: A = 90 – 100% of 450 points or 405 – 450 points B = 80 – 89.9% of 450 points or 360 – 404 points C = 70 – 79.9% of 450 points or 315 – 359 points D = 60 – 69.9% of 450 points or 270 – 314 points F = 270 points Note that make-up exams are strongly discouraged and given only in extreme circumstances; I will be the one to determine whether or not ‘extreme circumstances’ exist in your case (should that become necessary). Your final exam is scheduled for Tuesday, May 6th, from 10:30 a.m. until 12:30 p.m. Withdrawal Date The last day to withdraw from this course is Friday, April 4th, at 4:59 p.m. Disabilities In

Wednesday, November 6, 2019

Lajom, John Froilan C. Oral Communication Essays - Cultural Studies

Lajom, John Froilan C. Oral Communication Essays - Cultural Studies Lajom, John Froilan C. Oral Communication S11-08 How is intercultural communication exhibited in the film? Cite two scenes to support your answer. As we know intercultural communication is communication between at least two people from different culture. From the time Anna somewhat unfortunately landed to Wales and started to be with the Irish people, intercultural communication was display. One scene that exhibits this kind of communication is when she talked to Declan and the elders about her planned proposal to his boyfriend and how and when Declan and Anna will be able to go to Dublin. The elders are trying to say the day that is not advisable to travel and Anna, being new to the town just pretend to listen which is not good to intercultural communication. Another scene is the first parts of the journey of Declan and Anna to Dublin when they find that the herd of cows has blocked the road, Declan instantly sits down and wait while Anna attempted to get the cows to move. Nonverbally intercultural communication was not exhibited very well because they don't connect a channel to communicate; Declan is carefree while Anna is al ways in a hurry. Also Declan switch to his own language while talking to Anna by saying Bob which means money this is not right for intercultural communication. Describe how Anna communicated with the Irish people. Anna is not really an effective communicator with the Irish people. It seems like she doesn't know how to interact intercultural because she interfere what Irish people are and their cultural dimensions. It's not that she is not polite when approaching them, but she gave them not-so-good impression. She is bland and sound like always in a hurry and unwilling to defer gratification. She always follows her "strict time schedule". That is only at the first parts of the film because as the story goes, she started to go along with the polychromic environment of the Irish people. Maybe she's just not that used to the carefree spirit of Irish people, especially Declan, making a difference in the message she is trying to convey. Identify the effective communication skills (i.e.. eye contact visible mouth, body language, silence, checking for understanding, smiling face, summarizing what has been said, encouragement to continue, some questions) applied by a character in the movie. Justify your answer. Although not one of the main characters the wife of the train station employee shows effective communication skills to Anna and Declan. When talking she speaks while looking at the person's eyes and speaks clearly. She smiles frequently (and appropriately) giving the two visitors a warm feeling and welcome. She also listens whenever any of the two speaking like for example, when Declan was taking a shower. She also shows her authenticity by being real to the two like when she shows the two how to kiss their loved ones. Also, she asked questions to continue the conversation and make it more pleasing. All in all she communicates with them despite difference in culture and perspective.

Monday, November 4, 2019

Report on the company Essay Example | Topics and Well Written Essays - 1000 words - 1

Report on the company - Essay Example By the very essence of its existence, the Coca-Cola Company definitely has stakeholders. This paper will analyse the stakeholders of the Coca-Cola Company and how they are affected by the company as well as how they affect the organization. The Coca-Cola Company is an American company that has its headquarters in Atlanta, Georgia, United States of America. The company was established in 1886 by John Pemberton and Asa Griggs Candler (Coca-Cola 2014). The company has a presence in many countries, estimated to be over 200, including the U.S., Britain, Canada, South Africa, Kenya, among numerous other countries. By the fact of its presence in several countries, the company is a multi-national. The business entity is a public limited liability company and has its shares traded in the New York Stock Exchange (NYSE). The company has well over 500 brands to its name, its main brand being the Coca-Cola drink (or simply, Coke) (Coca-Cola 2014). The company makes, sells, and distributes soft drinks including Coke, Fanta, Sprite, Minute Maid Juices, Dasani mineral water, orange juice, and different brands of coffee and tea, to name a few (Coca-Cola 2014). It is estimated that worldwide, people consume at least 1.5 billion servings of one brand or another of the Coca-Cola Company every single day (Edinburgh Evening News 2010). Beyond any doubt the high level of consumption of Coca-Cola brands translates to high turnovers and profits for the company. In 2010, the company earned in excess of 10 billion Euros in the U.K. alone (Edinburgh Evening News 2010). The company is a strong brand, the reason it has several franchises across the world. In fact, most of the sales and profits that the company gets credited for come from the franchises. Some of the main stakeholders of an organization include the owners/shareholders, government, customers, community members, employees, and management (BBC 2014). Like many other

Saturday, November 2, 2019

CREW RESOURCE MANAGEMENT IN KOREAN AIR (Accident from Korean Air 801) Essay

CREW RESOURCE MANAGEMENT IN KOREAN AIR (Accident from Korean Air 801) - Essay Example The plane was licensed by the Federal Aviation Authority (FAA) to fly in and out international passengers in America through the requisite domestic regulations and the relevant convention that governs international aircraft movements. The investigations by the NTSB found that the likely cause of the crash of the Korean Air Flight 801 could have been the failure by the captain to have a briefing and execution of the approach towards the airport, as well as the inability of the assisting crew to monitor how the captain was conducting the approach (Korovin, 2010). Contributing to these is the fatigue experienced by the captain and the inadequacy of Korean Air in the training of the crew and the deliberate act of the FAA in disabling the instruments and devices that would have warned the crew of the aircraft the safest altitude to make a landing at the airport. Therefore, it can be concluded that the safety issues majored on the performance of the flight crew, the procedures of approach, pilot training, air traffic control including the performance of the controllers and the intentional inhibition of the MSAW at Guam International System. Other factors that could be blamed for the crash include how the airport reacte d to the emergency, the technical and safety inadequacy standards in training by the South Korean body in-charge of the aviation industry and the role played by the FAA in its oversight role as well as the documentation got from the flight data recorder. Korean Air cockpit procedures call for approach briefing before a descent and it includes a briefing about the weather conditions, a proper review of the instrument approach procedure, the actions and callouts of the crew and any abnormal conditions or configurations (Krause, 2003). It also includes the details of the execution of the approach that denotes the minimum safe altitude, the approach frequency and

Thursday, October 31, 2019

Analysis of managerial functions of an existing company Term Paper

Analysis of managerial functions of an existing company - Term Paper Example The paper is ananalysis of planning and leading techniques that form part of Borla. Planning as a core function of management remains an inevitable recipe in success (Griffin, 2012). The automobile industry remains one of the business opportunities with great challenges. Therefore, managers must make flexible and comprehensive policies, which promote successful delivery of services. Borla’s 25 years of outstanding performance has continually allowed it to expand to different markets. Evidently, no management can effectively expand its operations without succinct management plans. Same to other institutions, the planning process at Borla is top notch. The micro and macro level spectrum takes cognisance of the current market, intended recipients and long-term objectives. Borla’s search for a perfect and accessible manufacturing space has never stopped. Since conception, the company has shifted location from one place to another. Certainly, this is not a sign of weakness, but rather thestrength to find a better location for proficient production. Founded in 1979, it did not stay in New York, NY for long. In 1984, it moved to Oxnard, CA setting camp for 25 years and later moved to Johnson City, TN in 2009. Interestingly, it did not cease operations in the former cities; nevertheless, it facilitated a continuous growth in marketing and sales not forgetting R&D departments in Oxnard. Indeed, this is a clear strategic balance of growth. A good company should not move all of its operations to the next market no matter how promising it looks. Evidently, Borla’s vision is to provide world-class products that surpass customer’s expectations. For many companies, action ends in the promises; however, Borla has given assurance from differen t perspectives. Currently, the company is expanding its markets to China and Russia. Although challenges of

Monday, October 28, 2019

The concept of angel in the house had been overturned Essay Example for Free

The concept of angel in the house had been overturned Essay Do you agree with the view that, by 1882 the concept of angel in the house had been overturned? In source F a book by Caroline Norton published in 1854, she claims that her husband George Norton was holding her children as hostages as he thought that if he had a great power over the children that he still had power over her. Nevertheless, he did not realise that she would fight and campaign to have the right to keep her children under her custody. By this time she was no longer a angel in the house as she went against her husband, she also wanted a divorce but she could no divorce him for adultery as she had taken him back so that she could see her children. In 1857 the Divorce and Matrimonial Causes Act was passed which made divorce a lot easier as it meant that divorce could happen through a court of law rather than by a Private Act of Parliament. This made divorce cheaper and a lot faster than it was before. There were also clauses in the Act, which gave women more rights to things such as her income if she was deserted by her husband and a woman was able to inherit or bequeath property the same as a single woman could. This was passed partly due to Caroline Nortons efforts and her experiences influenced the clauses, which were inserted in to the Act. This Act meant that more and more women were failing to fit into the angel in the house concept of creating a safe haven for her husband away from the harsh reality of the outside world. Even thought laws such as the Divorce and Matrimonial Causes Act were but in to place men still thought that they had power over their wives. In 1891 there was the Jackson Case, Mr Jackson had been away in New Zealand and returned to find that his wife did not want to speak to him so he locked her up until her friends campaigned for her release. After a long legal battle, it was decided that Mr Jackson had no right to lock up his wife and force her to live with him. These laws were changing womens attitudes toward how they thought they should be treated by men, they no longer were happy to stay at home and look after their house and family under the angel in the house concept. However, men did not like this change and still wanted this power over their wives. Other laws also came in to place like the Married womens Property Acts of 1870 and 1882. These again were fought for by women such as Barbara Leigh Smith and gave women more right to their own property rather than the husband getting all of their property. In 1854 Barbara Leigh Smith started to campaign for a change in the laws on womens property. She wrote articles, started petitions and set up all-woman committees. One petition that was handed in to parliament had 26,000 signatures. The first act allowed women to keep up to à ¯Ã‚ ¿Ã‚ ½200 in earnings and personal property, the second act gave women control over all money and property they brought with them in to marriage it also allowed them to continue with any trade or business they were working on before they were married, using their own money and property. This meant that women could work so could no longer follow the angel in the house concept because they no longer had to stay at home. The LNA was set up in 1869 lead by Josephine Butler to fight against the Contagious Diseases Act. This was significant because it meant that many middle- and upper-class women were campaigning to help prostitutes by wanting the repeal of the Contagious Diseases Act. This had never happened before as middle- and upper-class women thought that they were above prostitutes and that prostitutes were dirty and brought it on themselves before this campaign began. They thought that is was not right because they thought it was wrong to forcibly detain and check women for these diseases against their will. When the men that were using the prostitutes did not have to be detained and checked even thought if the men did not use them then there would not be the problem of prostitution as there would be no demand. This went against the angel in the house concept as it meant that women were out campaigning rather than staying at home doing what was thought to be acceptable for middle- and upper-class women to be doing at the time such as corresponding. Source G is a cartoon published on the front cover of the illustrated Police News in April 1891. It asks Is Marriage a Failure? and it gives the answer of As a Rule Yes. It shows illustrations depicting marriages of money, for divorce, of beatings and of obeying. This suggests that people only married for certain reasons. It also shows an illustration of a divorce court and two people walking their different ways with the other man and the other woman in the shadows suggesting that two people cannot commit to each other solely. This shows that people were no longer concerned with the angel in the house concept as women were committing adultery and getting divorces. This source however depicts this situation as been the norm even thought there were people in happy marriages that would not want a divorce. However, there was still a social stigma attached to getting a divorce. In middle- and upper-class societies, it was still not the done thing to be a divorce single woman or to commit adultery as they were meant to pure and save themselves for their husbands. So many women did not get divorces and stayed with their husbands. Also if a man did not want a divorce and it was the woman that was trying to divorce her husband she had to prove that he had committed adultery and either bigamy, rape, sodomy, bestiality, cruelty or long-term desertion as well. Where as a husband only had to prove that his wife was committing adultery. This made it harder for a wife to get a divorce if her husband did not want to divorce her so many just suffered at home and carried on living with the angel in the house concept. The Womens Property rights were withdrawn at the last minute to allow the Divorce and Matrimonial Causes Act to be passed and become law. This was because people were too afraid to present parliament with two bills trying to change the status of women would frighten the men MPs of the time. In addition, they thought that it would mean that they would vote against both of the bill thinking that too much was been done at one time too quickly. Additionally the Reform Act of 1867 did not include womens franchise. So women had to stay with their husbands else they would have no right to their property as it legally all belonged to their husbands once they had married. I would agree on the whole that by 1882 the concept of the angel in the house had been mostly overturned. Womens attitudes were changing and they wanted more and more rights. Middle- and upper-class women such as Caroline Norton and Josephine Butler were beginning campaign to get rights for themselves and others. Laws were been passed and cases won in court in favour of women. People were also starting to realise that more and more marriages were failing and people getting divorces. However, by 1882 the angel in the house concept had not been completely overturned, as there were still people that did still believe in the angel in the house concept and not all marriages were failing and getting divorced. One reason for this was that there was a social stigma attached to getting a divorce that stopped some people, additionally divorce was still an expensive and a long process.

Saturday, October 26, 2019

Relationship between Inflation Rates and Employment

Relationship between Inflation Rates and Employment CHAPTER 1 Gross Domestic Product as an indicator of wealth and therefore quality of life has long been criticized (Mederly, P. and et al. 2003). Gross Domestic Product (GDP) is the value of total production of goods and services in a country over a specified period, typically a year. The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a countrys overall economic output GDP can be determined in three ways, all of which should in principle give the same result. The most direct of the three is the product approach, which sums the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of the product must be bought by somebody, therefore the value of the total product must be equal to peoples total expenditures in buying things. The income approach works on the principle that the incomes of the productive factor must be equal to the value of their product, and determines GDP by finding the sum of all producer s incomes (Bureau of Economic Analysis, U.S Department of Commerce, 2007). The most common approach to measure GDP is the expenditure method: GDP= private consumption + gross investment + government spending + (exports à ¢Ã‹â€ imports) GDP = C + I + G + (X-M) (Equation 1.1) An event in 1975 that remind us the current GDP in our country where the Malaysian economy slumped into its great recession, with a GDP growth rate of only 0.8 percent, compared to 8.3 percent in 1974. This is one of the effects of increase in oil prices and then substantial price increase in 1973 were bought about mainly shortage of food and raw materials arising from bad weather and increased aggregate demand (Cheng, M.Y. and Tan,.H.B. 2002). According to the above circumstances occurred in 1975, the researcher has choosing one of variables that may relate with fluctuation of GDP which is inflation rate. Inflation means either an increase in the money supply or an increase in price levels. Generally, when we hear about inflation, we are hearing about a rise in prices compared to some benchmark. The study of the effects of inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy (Risso, W.A and Carrera, E.J.S, 2009). Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. Results from such studies are particularly important for economies. Besides the inflation, the researcher has considered total employment as one of the variable in the model since economic growth and employment are correlated between each others. The relationship between unemployment and GDP is called Okuns law. It is the association of a higher national economic output with the decrease in national unemployment. This is because in order to increase the economic output of a country, people will need to go back to work, thus lowering unemployment. In order to support the relationship exist between GDP and employment, the researcher has found out the issue supporting the theory that GDP and employment has a positive relationship between each others. According to Hassan, M.K.H. and et al. (2010), in the period of 1996 -1997, the manufacturing sector experienced a rapid growth producing the employment rate in the sector to grow at 7.7 percent per annum but later declining to negative 3.6 percent in 1998 due to the economic recession. In addition, in year 2000, the Malaysian manufacturing sector contributed 33.4% to gross domestic product (GDP), 85.2% to total export and 27.6% to total employment. 1.2 PROBLEM STATEMENT Inflation is a major source of economic instability because it weakens incentives for work and production, distorts the allocate efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. According to study by Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism. Furthermore, inflation also damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of payments (Risso, W.A. and Carrera, E.J.S., 2009). According to Cheng, M.Y. and Tan, H.B. (2002), the economy has experienced episode of high (1973-1974, 1980-1981) and low (1985-1987) regimes of inflation, and was able to contain low and stable inflation during the high economy growth period of 1988-1996. The second problem statement that should be concerns since the employment can affect the economic growth and it is important variable to determine the quality of production for national output and next will influence the GDP of our country. For example, in the early 1990s, the unemployment rate increased for about a year following the end of the previous recession. Coming out of a recession, companies are thought to be reluctant to hire many more workers until they are convinced about the sustainability of a new economic recovery while people who had left the labor force during the recession return to seek to find jobs (Seyfried, W.). Therefore, the researcher conducts this research in order to examine the correlation exists between inflation rate and employment with GDP so that we can help the country to mitigate the problem occurs by supporting the governments policies to increase the countrys GDP. In addition, this research also useful since the results of the studies can be used in policys decision for resource allocation in order to accelerate economic growth. 1.3 OBJECTIVES The objectives of the study are to: 1.3.1 Analyze the relationship between Inflation Rate and Gross Domestic Product in terms of magnitude and direction. 1.3.2 Analyze the relationship between Total Employment and Gross Domestic Product in terms of magnitude and direction. 1.4 SIGNIFICANCE OF THE STUDY The significances of this study are as follow: 1.4.1 Researcher This study will help the researcher to complete their course requirement and will be as guidelines for their field of work in the future. The researcher can gain many experiences in order to complete this research. There are lot of weaknesses may be obtained and this will encourage the researcher to provide the better research in the future. Future researcher will know and more understanding about gross domestic product when conduct this research. It will give the knowledge to the researcher to identify the correlation exist between inflation rate and employment and it always make the researcher briefing to know deeply and applied the study. 1.4.2 Organization This study might help the organization in analyzing the countrys economic condition in order to prevent and reduce the risk during the inflation and know the effects of the crisis occurs to them. This study also may give some guidance to them to protect their company and industry itself. 1.4.3 Public This study can inform and gives some knowledge to the public the relationship between economic growth, inflation rate and employment. They also can make preparation to face the increasing in inflation rate and able to survive in that situation. 1.5 SCOPE OF THE STUDY The researcher chooses to conduct the research about GDP in Malaysia from 2000 until 2010 In this study, the researcher wants to determine the correlation exist between inflation rate and employment with GDP in Malaysia. It is important because as economic planners and forecasters used the GDP per capita in monitoring economic growth trend for time series. The collection of data of GDP, inflation rate and total employment were collected from Department Of Statistics Malaysia in quarterly basis. 1.6 THEORETICAL FRAMEWORK Figure 1.1: Theoretical Framework INFLATION RATE GROSS DOMESTIC PRODUCT EMPLOYMENT RATE RATE Independent variables Dependent Variable Figure 1.1 represents the dependent variable and independent variables in this study. The function of theoretical framework has been clarified by Sekaran, U. (2003) which is a conceptual model of how one theorizes or makes logical sense of the relationship among the several factors that have been identified as important to the problem. Figure above clearly discuss the correlation between Gross Domestic Product which is variable primary to the researcher while Inflation Rate and Employment act as independent variable which is influences the dependent variable. 1.7 HYPOTHESIS In classical test of significant, two kind of hypothesis are used. They are Null Hypothesis and Alternate Hypothesis. Hypothesis is a conjectural statement that describes the relationship among variable even negative or positive. Null hypothesis which is represent by H0 symbol to show that the relationship between independent and dependent variable is not exist. However alternate hypothesis is representing by H1 symbol to show that the relationship is existing between both dependent and independent variable. According to Sakaran (2004), a hypothesis defines as a logically conjectured relationship between two or more variables expressed in the form of testable statement. Relationship a conjectured on the basis on the network of associations established in the theoretical framework formulated for the research study. There are two hypotheses that can describes the correlation exists between dependent variable and independent variables. Therefore the hypothesis that can be tested as follows: Inflation and GDP H0: there is no significant relationship between inflation and GDP. H1: there is a significant relationship between inflation and GDP. Employment and GDP H0: there is no significant relationship between employment and GDP. H1: there is a significant relationship between employment and GDP. 1.8 LIMITATION / CONSTRAINTS The limitations / constraints are: 1.8.1 Time constraint The length of time is limited since the researcher does not have much time to make detailed research. The time provided only three months and the researcher need to divide time properly to complete the research because the process of collecting data is quite difficult. 1.8.2 Cost constraint The cost involves is quite high since as a student, the researcher only depend on the loan applied. Examples of cost involve in order completing this research such as cost of printing, cost of maintaining the laptop, cost of surfing the internet and etc. 1.8.3 Data constraint Since the researcher use the secondary data, the collection of data that have been publish are so limited and the related material are not very supporting the topic of research. 1.8.4 Lack of experience The researcher is less of experience in conducting the research therefore needs to refer the researchers advisor to process the data and learning the skill that needed as a good researcher. CHAPTER 2 LITERATURE REVIEW 2.1 DEPENDENT VARIABLE 2.1.1 GROSS DOMESTIC PRODUCT (GDP) Generally, according to Chan, W.W. and Lam, J.C. (2000), gross domestic product is a common measure of the economic well-being of a society. When government officials plan for the future, they consider the various economics sectors contributed to the gross domestic products. In the other study by Ivanov, S. and Webster, C. (2007), they use the growth of real GDP per capita gr as a measure of economic growth in line with other publications in the field (see Ivanov and Webster, 2007; Lopes et al., 2002; Plosser, 1992). The function of GDP also has been explained by Kosmidou, K. (2008) where gross domestic product (GDP) is among the most commonly used macroeconomic indicators, as it is a measure of total economic activity within an economy. The gross domestic product growth (GDPGR), calculated as the annual change of the GDP, is used as a measure of the macroeconomic conditions. The significance between GDP, foreign trade and foreign direct investment has been discussed by Liu Ying and Cui Riming (2008) where the economy is highlighted by the significant performance of both its economic growth and its foreign trade and foreign direct investment. Under this background, the correlation of foreign trade, foreign direct investments and economic growth in has become an important issue for academic research. Previous studies support that foreign trade and foreign direct investment have positive impacts on gross domestic product (GDP). In the study by Malul, M. and et al. (2008), the GDPpc is used mainly to compare the standard of living in different countries. It means that the higher of cost of living in a country, the higher earning of gross domestic product of the country. According to Wong, K.Y.(2008),economic growth of an economy refers to the expansion of its production possibility set, as a result of accumulation of primary factors such as labor and capital (physical and human), or improvement of production technologies. However, because the production possibility frontier (PPF) of an economy is not observable, economic growth is usually measured in terms of the growth rate of some observable variables such as real GDP or real per capita GDP. Besides that GDP also one of the result of the countrys economic activities based on the statement of Daly and Cobb (1989), GDP expresses the content of physical flows of à ¢Ã¢â€š ¬Ã…“capital, industrial production, services, resources and agricultural productà ¢Ã¢â€š ¬?. The scientific research has been conducted by Ligon and Sadoulet (2007) using a sample of 42 countries show that GDP growth, which comes from agriculture is at least twice as effective in reducing poverty compared to GDP growth coming from nonagricultural areas. In order to know the correlation between inflation and growth, Gokal, V. and Hanif, S. (2004), stated that the tests revealed that a weak negative correlation exists between inflation and growth, while the change in output gap bears significant bearing. The causality between the two variables ran one-way from GDP growth to inflation. While, according to some consensus exists, suggesting that macroeconomic stability, specifically defined as low inflation, is positively related to economic growth. 2.2 INDEPENDENT VARIABLES 2.2.1 INFLATION RATE (INF) Inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy. Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. According to Andres and Hernando (1999), for example, reducing inflation by one percentage point when the rate is 20 percent which results in an increase in the growth rate of 0.5 percent, compared to reducing inflation by one percentage point when the inflation rate is around 5 percent, which results in a decrease in the growth rate by 1 percent. Furthermore, a study by Mallik and Chowdhury (2001), the structuralisms argue that inflation is necessary for economic growth, whereas the monetarists argue the opposite, that is, inflation is detrimental to economic growth such debate started in the 1950s, focused on developing countries, which had long suffered fro m low-growth rates with high rates of inflation and larger deficits in the balance of payments. In order of inflation, the monetarists argue that price stability promotes economic growth and protects the balance of payments. They argue that inflation is major sources of economic instability because it weakens incentives for work and production, distorts the allocative efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. They also argued that inflation damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of-payments. To monetarists, stable prices are the starting point in the process of economic development. The policy choice of a country would be stabilization with growth, or stabilization without growth. Several papers are typical of the monetarist tradition. To argue that, according to Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism proposed a model where the agents decide the level of labor output, and an increase in inflation reduces labor supply, and producing a decrease in economic production. On the other hand, a study by Mundell and Tobin (1965), the structuralizes argue that inflation normally accompanies economic growth in developing countries because structural rigidities and bottlenecks in supply sectors prevent the elastic supply of some basic commodities such as food, housing, energy, and transportation. Increased income as a result of growth would expand demand for such basic commodities, and prices would rise. The structuralize position is that economic difficulties in developing countries have roots deeper than just the results of inflation. Thus, structuralizes thought that inflationary pressures and det erioration in the balance of payments inevitably are attendant matters of economic growth. In developing countries, there thus would be a trade-off relationship between economic growth and inflation and an attendant deterioration in balance of payments. If a developing country wants stabilization of prices and balance of payments, it must reduce the speed of economic growth, including a sacrifice of employment. Among scholars who support the structuralize position on a positive relationship between inflation and economic performance, predict a positive relationship between the rate of inflation and the rate of capital accumulation, which in turn implies a positive relationship to the rate of economic growth. But, DeGregorio (1996) and Fischer (1926) pointed out, since money and capital are substitutable, an increase in the rate of inflation increases capital accumulation by shifts in portfolios from money to capital and thereby stimulate a higher rate of economic growth was the first to establish a negative correlation between inflation and unemployment. According to Grier and Grier (2006), it presents evidence on the real effects of inflation and inflation uncertainty on output growth. Their main findings are as follows: Inflation uncertainty has a negative and significant effect on growth Once the effect of inflation uncertainty is accounted for, lagged inflation does not have a direct negative effect on output growth; and As predicted higher average inflation raises inflation uncertainty, and the overall net effect of average inflation on output growth. Differ with theory of Bortis, H. (2004), he argues that inflation is a macroeconomic phenomenon represented by a gap between global supply and global demand. Inflation affects the money-output relationship, as does deflation; both phenomena modify the purchasing power of money over domestic output. In this view, price indices cannot come to grips with the inflation phenomenon. While Cheng and Tan (2002) in their study inflation in Malaysia, suggested that main factors affecting Malaysian inflation were external (foreign trade, foreign direct investment and technology transfer). Malaysia has been comparatively successful in balancing strong economic growth with moderate levels of inflation in the periods preceding and following the Asian Financial crisis. Actually, empirical results related to low and medium inflation are of a mixed nature; some papers (mainly these analysing the developed economies) argues that moderate inflation negatively affects growth (e.g. Alexander, 1997, Gillm an et al. 2002; Gillman and Harris 2009; Gillman et al. 2001; Fischer 1993; De Gregorio 1992 and 1993) while other argues that moderate inflation is actually stimulating growth. On the theory side Friedman (1977) in his Nobel lecture argues that a positive relationship between the level of inflation and inflation uncertainty. Friedman points out higher inflation leading to greater uncertainty, which lowers welfare and efficiency of output growth. On the other hand, Ball (1992) formalizes Friedmans hypothesis using an asymmetric information game where public faces uncertainty regarding the type of policymaker in the office. One of the policymaker is willing to tolerate a recession to reduce inflation and the other is not. During the low inflation time, both type of policymakers will attempt and try to keep it low. But, when inflation is high, only the tough type or anti-inflation policymaker will bear the economic costs of disinflation. The argument that central banks should emphasize holding down inflation comes from the beliefs that inflation has an adverse effect on macroeconomic variables, such as output and productivity growth. According to Clark (1982), inflation causes misperception of the relative price levels and leads to inefficient investment plans and therefore affects productivity inversely. Furthermore, inflation erodes tax reductions for depreciation and raises the rental price of capital, which in turn causes a reduction in capital accumulation and therefore in labour productivity. In addition, according to Feldstein (1982) inflation disrupts investment plans by imposing a higher tax rate on corporate profits and through higher effective tax rates on corporate income and accordingly affects productivity (Gilson, 1984; Boskin et al., 1980). Finally, inflation distorts price signals and reduces the ability of economic agents to operate efficiently (Smyth, 1995). According to Chen and et al. (1991), it has documented a significant relationship between the US stock returns and real economic variables such as industrial production, real GNP, interest rates, inflation and money supply. Besides that, there are also otherwise arguments that there is no relation between inflation rate and gross domestic product in the long run. For instance, Faria and Carneiro (2001) investigate the relationship between inflation and output in the context of an economy facing persistent high inflation and they find that inflation does not affect real output in the long run, but that in the short-run inflation negatively affects output. In addition, scholars such as Sidrauski (1967) suggest that there is no relationship between inflation and economic growth, supporting the hypothesis of super neutrality of money. On the other hand, Sarel (1995) asserts that there is a nonlinear relationship between inflation and economic growth. Using 87 countries, he finds the existence of an inflation threshold of 8 percent. Above the threshold there is a negative relationship between inflation and economic growth, whereas under the threshold there is a positive but not significant relationship. The others studies in order to prove Sarels result, Judson and Orphanides (1996) divide Sarels sample of countries into three groups, and they find similar results to Sarel, finding a threshold of 10 percent. Ghosh and Phillips (1998a, b) study 145 countries in the period 1960-1990 again finding similar results. Paul et al. (1997) study 70 countries (of which 48 are developing economies) for the period 1960-1989. They find no causal relationship between inflation and economic growth in 40 percent of the countries, bidirectional causality among 20 percent of the countries, and unidirectional causality for the rest (either inflation to growth or vice versa). Lastly, Mendoza (1998) finds that inflation has had no effect on Mexicos long-run economic growth since he conducted the study of inflation in Mexico. 2.2.2 EMPLOYMENT Some of studies have been conducted to examine the relationship between gross domestic product and employment. For instance, according to Okun (1962) and Philips (1958), they found different relationship both of these. Okun found a negative correlation between unemployment and economic growth, then from both propositions it can be deduced a positive relationship between economic growth and inflation while Phillips proposed a positive relationship between inflation and unemployment implying the same type of relationship. In addition, Boltho and Glyn (1995) found elasticities of employment with respect to output growth in the order of 0.5 to 0.6 for a set of OECD countries. While according to Evangelista and Perani (1996) discovered evidence suggesting that restructuring of major economic sectors reduce the relationship between economic growth and employment. A specific research conducted by Seyfried, W., among the G7 countries (Canada was excluded), a positive and significant relationship between growth in value added and employment was found only in Germany and the US. In addition, according to Verdoon (1949) and Kaldor (1966), an increase in output growth of 1 percent leads to an increase in productivity and employment growth of half a percentage point each. It should be noted that the higher the productivity effects of growth, the more difficult it will be to keep unemployment from rising. According to Okuns Law an increase of the economic growth rate by 3 percent (above the normal rate) was expected to reduce the unemployment rate by 161 percentage point. Or, to put it the other way round: The gain of real GDP associated with a reduction in unemployment of one percentage point was estimated to be 3 percent. Several studies also have been conducted to examine the correlation exists between employment and inflation rate. One of the studies by Spithoven, A.H.G.M. (1995), by the end of the 1960s evidently there was no fixed relationship between unemployment and inflation. Empirical research revealed that the relationship was not consistent over time and varied sharply between countries. This was explained as follows: in the short run higher nominal wages attract more labour and engender a fall in the rates of unemployment. As soon as the workers recognize the wage rise to be purely nominal they abstain from work, and unemployment is restored to the pre-wage-rise level, but with a level of prices higher than before. Secondly, according to Brenner (1991), confronted with a combination of unemployment and inflation (stagflation), many governments abandoned efforts to regulate the economy by the Keynesian instruments. They declared fiscal policies ineffective and sought refuge in a mixture of m onetary measures with supply-side economics. According to Keynes (1946), the volume of employment is given by the point of intersection between the aggregate demand function and the aggregate supply function. This was naively interpreted and construed to imply that a rise in costs à ¢Ã¢â€š ¬Ã¢â‚¬Å" and with this was meant a rise in costs owing to increasing government expenditure à ¢Ã¢â€š ¬Ã¢â‚¬Å" will result in an upward shift of the supply curve and will cause greater unemployment and inflation. CHAPTER 3 RESEARCH METHODOLOGY AND DESIGN 3.1 MODEL SPECIFICATION This study is to examine the correlation exists between inflation rate and total employment with gross domestic product. It uses secondary data which is based on time series data. The collection of time series data from 1982 to 2006 and the scope is in Malaysia. The researcher applied STATA software to process the data and log-log model in this study. The model applied a log transformation, since log transformations help, at least partially, to eliminate the strong asymmetry in the distribution of inflation (Sarel, 1995) and (Ghosh and Phillips, 1998a, b). The logarithm equation is written in the Equation 3.1. GDP = ÃŽÂ ± + ÃŽÂ ²1In(INF) + ÃŽÂ ²2ln(EMP) + ÃŽÂ µ (Equation 3.1) Where, GDP = Gross Domestic Product ÃŽÂ ± = Constant ÃŽÂ ²1 = Inflation ÃŽÂ ²2 = Employment ÃŽÂ µ = Error term In above equation, it shows clearly dependent variable that has been applied in this study is gross domestic product, besides that, the researcher also used two independent variables which are quantitative variables, they are inflation rate and total employment. 3.1.1 DEPENDENT VARIABLE The dependent variable is the variable of primary interest to the researcher. The researchers goal is to understand and describe the dependent variable, and to explain its variability, or predict it (Sekaran, 2006). Dependent variable of this study is factor contributed to the gross domestic product. According to Zikmund (2000), independent variable is a criterion that predicted or explained. It show that the component contributed to improving of gross domestic product depend on the listed independent variables. 3.1.2 INDEPENDENT VARIABLES According to Zikmund (2000), independent variables that expected to influence the dependent variable. Refer to (Burn and Bush, 2000), independent variables are those variables over which the researcher has some control and wishes to manipulate. In this study, two independent variables will influence the dependent variables. They are inflation rate and employment. 3.2 DATA SET AND METHODOLOGY The collections of data in this research only gain from secondary data and based on time series data which are from 2000 to 2010. The researcher has considered annual data of real GDP, inflation rate and employment. All the data on the growth rate of real GDP, Inflation and total employment were obtained from Department of Statistics Malaysia database. GDP is considered per capita. In addition, according to Aigenger (2005) per capita real GDP is also used as an alternative measure of productivity, as some theoretical models do. Moreover, according to OECD (2001), living standards as represented by per capita income reflects productivity since the former is determined, to a significant extent, by the latter. CPI consider in weight 100 while employment in number of labor. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to GDP. 3.3 TECHNIQUE ANALYSIS DATA In this research, the researcher has applied unit SPSS in order to determine time series data is stationary or non stationary about the correlation between inflation rate and employment with gross domestic product. The researcher examines the existence of a long-run relationship between inflation and employment with GDP using a vector error-correction model (VECM) after applying Johansens (1988, 1990, and 1995) cointegration technique. We conduct a test for weak exogeneity in order to do inference. Then, the researcher conduct stability test by using Jarque Bera test in order to test normality distribution between the variables selected. Finally, a modified version of the Granger causality test is applied in order to analyze causality between the variables. 3.4.1.1 Multiple Regression Analysis Multiple Linear regression analysis is an analysis of the relationship between one variable (dependent variable) and set of variable (independent variables). It is used by the researcher to test the hypothesis. As in all hypothesis tests, the goal is to reject the null hypothesis and accept the alternative hypothesis. This technique will identify how much of the variance in the dependent variables can be explained by independent variables. This analysis is used primarily for the purpose of prediction. The regression model can be used to predict the value of the proposed model in the study is: GDP = f (INF, EMP) GDP = ÃŽÂ ± + ÃŽÂ ²1 Inflation+ ÃŽÂ ²2 Employment + ÃŽÂ µ Where, GDP = Gross Domestic Pr Relationship between Inflation Rates and Employment Relationship between Inflation Rates and Employment CHAPTER 1 Gross Domestic Product as an indicator of wealth and therefore quality of life has long been criticized (Mederly, P. and et al. 2003). Gross Domestic Product (GDP) is the value of total production of goods and services in a country over a specified period, typically a year. The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a countrys overall economic output GDP can be determined in three ways, all of which should in principle give the same result. The most direct of the three is the product approach, which sums the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of the product must be bought by somebody, therefore the value of the total product must be equal to peoples total expenditures in buying things. The income approach works on the principle that the incomes of the productive factor must be equal to the value of their product, and determines GDP by finding the sum of all producer s incomes (Bureau of Economic Analysis, U.S Department of Commerce, 2007). The most common approach to measure GDP is the expenditure method: GDP= private consumption + gross investment + government spending + (exports à ¢Ã‹â€ imports) GDP = C + I + G + (X-M) (Equation 1.1) An event in 1975 that remind us the current GDP in our country where the Malaysian economy slumped into its great recession, with a GDP growth rate of only 0.8 percent, compared to 8.3 percent in 1974. This is one of the effects of increase in oil prices and then substantial price increase in 1973 were bought about mainly shortage of food and raw materials arising from bad weather and increased aggregate demand (Cheng, M.Y. and Tan,.H.B. 2002). According to the above circumstances occurred in 1975, the researcher has choosing one of variables that may relate with fluctuation of GDP which is inflation rate. Inflation means either an increase in the money supply or an increase in price levels. Generally, when we hear about inflation, we are hearing about a rise in prices compared to some benchmark. The study of the effects of inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy (Risso, W.A and Carrera, E.J.S, 2009). Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. Results from such studies are particularly important for economies. Besides the inflation, the researcher has considered total employment as one of the variable in the model since economic growth and employment are correlated between each others. The relationship between unemployment and GDP is called Okuns law. It is the association of a higher national economic output with the decrease in national unemployment. This is because in order to increase the economic output of a country, people will need to go back to work, thus lowering unemployment. In order to support the relationship exist between GDP and employment, the researcher has found out the issue supporting the theory that GDP and employment has a positive relationship between each others. According to Hassan, M.K.H. and et al. (2010), in the period of 1996 -1997, the manufacturing sector experienced a rapid growth producing the employment rate in the sector to grow at 7.7 percent per annum but later declining to negative 3.6 percent in 1998 due to the economic recession. In addition, in year 2000, the Malaysian manufacturing sector contributed 33.4% to gross domestic product (GDP), 85.2% to total export and 27.6% to total employment. 1.2 PROBLEM STATEMENT Inflation is a major source of economic instability because it weakens incentives for work and production, distorts the allocate efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. According to study by Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism. Furthermore, inflation also damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of payments (Risso, W.A. and Carrera, E.J.S., 2009). According to Cheng, M.Y. and Tan, H.B. (2002), the economy has experienced episode of high (1973-1974, 1980-1981) and low (1985-1987) regimes of inflation, and was able to contain low and stable inflation during the high economy growth period of 1988-1996. The second problem statement that should be concerns since the employment can affect the economic growth and it is important variable to determine the quality of production for national output and next will influence the GDP of our country. For example, in the early 1990s, the unemployment rate increased for about a year following the end of the previous recession. Coming out of a recession, companies are thought to be reluctant to hire many more workers until they are convinced about the sustainability of a new economic recovery while people who had left the labor force during the recession return to seek to find jobs (Seyfried, W.). Therefore, the researcher conducts this research in order to examine the correlation exists between inflation rate and employment with GDP so that we can help the country to mitigate the problem occurs by supporting the governments policies to increase the countrys GDP. In addition, this research also useful since the results of the studies can be used in policys decision for resource allocation in order to accelerate economic growth. 1.3 OBJECTIVES The objectives of the study are to: 1.3.1 Analyze the relationship between Inflation Rate and Gross Domestic Product in terms of magnitude and direction. 1.3.2 Analyze the relationship between Total Employment and Gross Domestic Product in terms of magnitude and direction. 1.4 SIGNIFICANCE OF THE STUDY The significances of this study are as follow: 1.4.1 Researcher This study will help the researcher to complete their course requirement and will be as guidelines for their field of work in the future. The researcher can gain many experiences in order to complete this research. There are lot of weaknesses may be obtained and this will encourage the researcher to provide the better research in the future. Future researcher will know and more understanding about gross domestic product when conduct this research. It will give the knowledge to the researcher to identify the correlation exist between inflation rate and employment and it always make the researcher briefing to know deeply and applied the study. 1.4.2 Organization This study might help the organization in analyzing the countrys economic condition in order to prevent and reduce the risk during the inflation and know the effects of the crisis occurs to them. This study also may give some guidance to them to protect their company and industry itself. 1.4.3 Public This study can inform and gives some knowledge to the public the relationship between economic growth, inflation rate and employment. They also can make preparation to face the increasing in inflation rate and able to survive in that situation. 1.5 SCOPE OF THE STUDY The researcher chooses to conduct the research about GDP in Malaysia from 2000 until 2010 In this study, the researcher wants to determine the correlation exist between inflation rate and employment with GDP in Malaysia. It is important because as economic planners and forecasters used the GDP per capita in monitoring economic growth trend for time series. The collection of data of GDP, inflation rate and total employment were collected from Department Of Statistics Malaysia in quarterly basis. 1.6 THEORETICAL FRAMEWORK Figure 1.1: Theoretical Framework INFLATION RATE GROSS DOMESTIC PRODUCT EMPLOYMENT RATE RATE Independent variables Dependent Variable Figure 1.1 represents the dependent variable and independent variables in this study. The function of theoretical framework has been clarified by Sekaran, U. (2003) which is a conceptual model of how one theorizes or makes logical sense of the relationship among the several factors that have been identified as important to the problem. Figure above clearly discuss the correlation between Gross Domestic Product which is variable primary to the researcher while Inflation Rate and Employment act as independent variable which is influences the dependent variable. 1.7 HYPOTHESIS In classical test of significant, two kind of hypothesis are used. They are Null Hypothesis and Alternate Hypothesis. Hypothesis is a conjectural statement that describes the relationship among variable even negative or positive. Null hypothesis which is represent by H0 symbol to show that the relationship between independent and dependent variable is not exist. However alternate hypothesis is representing by H1 symbol to show that the relationship is existing between both dependent and independent variable. According to Sakaran (2004), a hypothesis defines as a logically conjectured relationship between two or more variables expressed in the form of testable statement. Relationship a conjectured on the basis on the network of associations established in the theoretical framework formulated for the research study. There are two hypotheses that can describes the correlation exists between dependent variable and independent variables. Therefore the hypothesis that can be tested as follows: Inflation and GDP H0: there is no significant relationship between inflation and GDP. H1: there is a significant relationship between inflation and GDP. Employment and GDP H0: there is no significant relationship between employment and GDP. H1: there is a significant relationship between employment and GDP. 1.8 LIMITATION / CONSTRAINTS The limitations / constraints are: 1.8.1 Time constraint The length of time is limited since the researcher does not have much time to make detailed research. The time provided only three months and the researcher need to divide time properly to complete the research because the process of collecting data is quite difficult. 1.8.2 Cost constraint The cost involves is quite high since as a student, the researcher only depend on the loan applied. Examples of cost involve in order completing this research such as cost of printing, cost of maintaining the laptop, cost of surfing the internet and etc. 1.8.3 Data constraint Since the researcher use the secondary data, the collection of data that have been publish are so limited and the related material are not very supporting the topic of research. 1.8.4 Lack of experience The researcher is less of experience in conducting the research therefore needs to refer the researchers advisor to process the data and learning the skill that needed as a good researcher. CHAPTER 2 LITERATURE REVIEW 2.1 DEPENDENT VARIABLE 2.1.1 GROSS DOMESTIC PRODUCT (GDP) Generally, according to Chan, W.W. and Lam, J.C. (2000), gross domestic product is a common measure of the economic well-being of a society. When government officials plan for the future, they consider the various economics sectors contributed to the gross domestic products. In the other study by Ivanov, S. and Webster, C. (2007), they use the growth of real GDP per capita gr as a measure of economic growth in line with other publications in the field (see Ivanov and Webster, 2007; Lopes et al., 2002; Plosser, 1992). The function of GDP also has been explained by Kosmidou, K. (2008) where gross domestic product (GDP) is among the most commonly used macroeconomic indicators, as it is a measure of total economic activity within an economy. The gross domestic product growth (GDPGR), calculated as the annual change of the GDP, is used as a measure of the macroeconomic conditions. The significance between GDP, foreign trade and foreign direct investment has been discussed by Liu Ying and Cui Riming (2008) where the economy is highlighted by the significant performance of both its economic growth and its foreign trade and foreign direct investment. Under this background, the correlation of foreign trade, foreign direct investments and economic growth in has become an important issue for academic research. Previous studies support that foreign trade and foreign direct investment have positive impacts on gross domestic product (GDP). In the study by Malul, M. and et al. (2008), the GDPpc is used mainly to compare the standard of living in different countries. It means that the higher of cost of living in a country, the higher earning of gross domestic product of the country. According to Wong, K.Y.(2008),economic growth of an economy refers to the expansion of its production possibility set, as a result of accumulation of primary factors such as labor and capital (physical and human), or improvement of production technologies. However, because the production possibility frontier (PPF) of an economy is not observable, economic growth is usually measured in terms of the growth rate of some observable variables such as real GDP or real per capita GDP. Besides that GDP also one of the result of the countrys economic activities based on the statement of Daly and Cobb (1989), GDP expresses the content of physical flows of à ¢Ã¢â€š ¬Ã…“capital, industrial production, services, resources and agricultural productà ¢Ã¢â€š ¬?. The scientific research has been conducted by Ligon and Sadoulet (2007) using a sample of 42 countries show that GDP growth, which comes from agriculture is at least twice as effective in reducing poverty compared to GDP growth coming from nonagricultural areas. In order to know the correlation between inflation and growth, Gokal, V. and Hanif, S. (2004), stated that the tests revealed that a weak negative correlation exists between inflation and growth, while the change in output gap bears significant bearing. The causality between the two variables ran one-way from GDP growth to inflation. While, according to some consensus exists, suggesting that macroeconomic stability, specifically defined as low inflation, is positively related to economic growth. 2.2 INDEPENDENT VARIABLES 2.2.1 INFLATION RATE (INF) Inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy. Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. According to Andres and Hernando (1999), for example, reducing inflation by one percentage point when the rate is 20 percent which results in an increase in the growth rate of 0.5 percent, compared to reducing inflation by one percentage point when the inflation rate is around 5 percent, which results in a decrease in the growth rate by 1 percent. Furthermore, a study by Mallik and Chowdhury (2001), the structuralisms argue that inflation is necessary for economic growth, whereas the monetarists argue the opposite, that is, inflation is detrimental to economic growth such debate started in the 1950s, focused on developing countries, which had long suffered fro m low-growth rates with high rates of inflation and larger deficits in the balance of payments. In order of inflation, the monetarists argue that price stability promotes economic growth and protects the balance of payments. They argue that inflation is major sources of economic instability because it weakens incentives for work and production, distorts the allocative efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. They also argued that inflation damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of-payments. To monetarists, stable prices are the starting point in the process of economic development. The policy choice of a country would be stabilization with growth, or stabilization without growth. Several papers are typical of the monetarist tradition. To argue that, according to Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism proposed a model where the agents decide the level of labor output, and an increase in inflation reduces labor supply, and producing a decrease in economic production. On the other hand, a study by Mundell and Tobin (1965), the structuralizes argue that inflation normally accompanies economic growth in developing countries because structural rigidities and bottlenecks in supply sectors prevent the elastic supply of some basic commodities such as food, housing, energy, and transportation. Increased income as a result of growth would expand demand for such basic commodities, and prices would rise. The structuralize position is that economic difficulties in developing countries have roots deeper than just the results of inflation. Thus, structuralizes thought that inflationary pressures and det erioration in the balance of payments inevitably are attendant matters of economic growth. In developing countries, there thus would be a trade-off relationship between economic growth and inflation and an attendant deterioration in balance of payments. If a developing country wants stabilization of prices and balance of payments, it must reduce the speed of economic growth, including a sacrifice of employment. Among scholars who support the structuralize position on a positive relationship between inflation and economic performance, predict a positive relationship between the rate of inflation and the rate of capital accumulation, which in turn implies a positive relationship to the rate of economic growth. But, DeGregorio (1996) and Fischer (1926) pointed out, since money and capital are substitutable, an increase in the rate of inflation increases capital accumulation by shifts in portfolios from money to capital and thereby stimulate a higher rate of economic growth was the first to establish a negative correlation between inflation and unemployment. According to Grier and Grier (2006), it presents evidence on the real effects of inflation and inflation uncertainty on output growth. Their main findings are as follows: Inflation uncertainty has a negative and significant effect on growth Once the effect of inflation uncertainty is accounted for, lagged inflation does not have a direct negative effect on output growth; and As predicted higher average inflation raises inflation uncertainty, and the overall net effect of average inflation on output growth. Differ with theory of Bortis, H. (2004), he argues that inflation is a macroeconomic phenomenon represented by a gap between global supply and global demand. Inflation affects the money-output relationship, as does deflation; both phenomena modify the purchasing power of money over domestic output. In this view, price indices cannot come to grips with the inflation phenomenon. While Cheng and Tan (2002) in their study inflation in Malaysia, suggested that main factors affecting Malaysian inflation were external (foreign trade, foreign direct investment and technology transfer). Malaysia has been comparatively successful in balancing strong economic growth with moderate levels of inflation in the periods preceding and following the Asian Financial crisis. Actually, empirical results related to low and medium inflation are of a mixed nature; some papers (mainly these analysing the developed economies) argues that moderate inflation negatively affects growth (e.g. Alexander, 1997, Gillm an et al. 2002; Gillman and Harris 2009; Gillman et al. 2001; Fischer 1993; De Gregorio 1992 and 1993) while other argues that moderate inflation is actually stimulating growth. On the theory side Friedman (1977) in his Nobel lecture argues that a positive relationship between the level of inflation and inflation uncertainty. Friedman points out higher inflation leading to greater uncertainty, which lowers welfare and efficiency of output growth. On the other hand, Ball (1992) formalizes Friedmans hypothesis using an asymmetric information game where public faces uncertainty regarding the type of policymaker in the office. One of the policymaker is willing to tolerate a recession to reduce inflation and the other is not. During the low inflation time, both type of policymakers will attempt and try to keep it low. But, when inflation is high, only the tough type or anti-inflation policymaker will bear the economic costs of disinflation. The argument that central banks should emphasize holding down inflation comes from the beliefs that inflation has an adverse effect on macroeconomic variables, such as output and productivity growth. According to Clark (1982), inflation causes misperception of the relative price levels and leads to inefficient investment plans and therefore affects productivity inversely. Furthermore, inflation erodes tax reductions for depreciation and raises the rental price of capital, which in turn causes a reduction in capital accumulation and therefore in labour productivity. In addition, according to Feldstein (1982) inflation disrupts investment plans by imposing a higher tax rate on corporate profits and through higher effective tax rates on corporate income and accordingly affects productivity (Gilson, 1984; Boskin et al., 1980). Finally, inflation distorts price signals and reduces the ability of economic agents to operate efficiently (Smyth, 1995). According to Chen and et al. (1991), it has documented a significant relationship between the US stock returns and real economic variables such as industrial production, real GNP, interest rates, inflation and money supply. Besides that, there are also otherwise arguments that there is no relation between inflation rate and gross domestic product in the long run. For instance, Faria and Carneiro (2001) investigate the relationship between inflation and output in the context of an economy facing persistent high inflation and they find that inflation does not affect real output in the long run, but that in the short-run inflation negatively affects output. In addition, scholars such as Sidrauski (1967) suggest that there is no relationship between inflation and economic growth, supporting the hypothesis of super neutrality of money. On the other hand, Sarel (1995) asserts that there is a nonlinear relationship between inflation and economic growth. Using 87 countries, he finds the existence of an inflation threshold of 8 percent. Above the threshold there is a negative relationship between inflation and economic growth, whereas under the threshold there is a positive but not significant relationship. The others studies in order to prove Sarels result, Judson and Orphanides (1996) divide Sarels sample of countries into three groups, and they find similar results to Sarel, finding a threshold of 10 percent. Ghosh and Phillips (1998a, b) study 145 countries in the period 1960-1990 again finding similar results. Paul et al. (1997) study 70 countries (of which 48 are developing economies) for the period 1960-1989. They find no causal relationship between inflation and economic growth in 40 percent of the countries, bidirectional causality among 20 percent of the countries, and unidirectional causality for the rest (either inflation to growth or vice versa). Lastly, Mendoza (1998) finds that inflation has had no effect on Mexicos long-run economic growth since he conducted the study of inflation in Mexico. 2.2.2 EMPLOYMENT Some of studies have been conducted to examine the relationship between gross domestic product and employment. For instance, according to Okun (1962) and Philips (1958), they found different relationship both of these. Okun found a negative correlation between unemployment and economic growth, then from both propositions it can be deduced a positive relationship between economic growth and inflation while Phillips proposed a positive relationship between inflation and unemployment implying the same type of relationship. In addition, Boltho and Glyn (1995) found elasticities of employment with respect to output growth in the order of 0.5 to 0.6 for a set of OECD countries. While according to Evangelista and Perani (1996) discovered evidence suggesting that restructuring of major economic sectors reduce the relationship between economic growth and employment. A specific research conducted by Seyfried, W., among the G7 countries (Canada was excluded), a positive and significant relationship between growth in value added and employment was found only in Germany and the US. In addition, according to Verdoon (1949) and Kaldor (1966), an increase in output growth of 1 percent leads to an increase in productivity and employment growth of half a percentage point each. It should be noted that the higher the productivity effects of growth, the more difficult it will be to keep unemployment from rising. According to Okuns Law an increase of the economic growth rate by 3 percent (above the normal rate) was expected to reduce the unemployment rate by 161 percentage point. Or, to put it the other way round: The gain of real GDP associated with a reduction in unemployment of one percentage point was estimated to be 3 percent. Several studies also have been conducted to examine the correlation exists between employment and inflation rate. One of the studies by Spithoven, A.H.G.M. (1995), by the end of the 1960s evidently there was no fixed relationship between unemployment and inflation. Empirical research revealed that the relationship was not consistent over time and varied sharply between countries. This was explained as follows: in the short run higher nominal wages attract more labour and engender a fall in the rates of unemployment. As soon as the workers recognize the wage rise to be purely nominal they abstain from work, and unemployment is restored to the pre-wage-rise level, but with a level of prices higher than before. Secondly, according to Brenner (1991), confronted with a combination of unemployment and inflation (stagflation), many governments abandoned efforts to regulate the economy by the Keynesian instruments. They declared fiscal policies ineffective and sought refuge in a mixture of m onetary measures with supply-side economics. According to Keynes (1946), the volume of employment is given by the point of intersection between the aggregate demand function and the aggregate supply function. This was naively interpreted and construed to imply that a rise in costs à ¢Ã¢â€š ¬Ã¢â‚¬Å" and with this was meant a rise in costs owing to increasing government expenditure à ¢Ã¢â€š ¬Ã¢â‚¬Å" will result in an upward shift of the supply curve and will cause greater unemployment and inflation. CHAPTER 3 RESEARCH METHODOLOGY AND DESIGN 3.1 MODEL SPECIFICATION This study is to examine the correlation exists between inflation rate and total employment with gross domestic product. It uses secondary data which is based on time series data. The collection of time series data from 1982 to 2006 and the scope is in Malaysia. The researcher applied STATA software to process the data and log-log model in this study. The model applied a log transformation, since log transformations help, at least partially, to eliminate the strong asymmetry in the distribution of inflation (Sarel, 1995) and (Ghosh and Phillips, 1998a, b). The logarithm equation is written in the Equation 3.1. GDP = ÃŽÂ ± + ÃŽÂ ²1In(INF) + ÃŽÂ ²2ln(EMP) + ÃŽÂ µ (Equation 3.1) Where, GDP = Gross Domestic Product ÃŽÂ ± = Constant ÃŽÂ ²1 = Inflation ÃŽÂ ²2 = Employment ÃŽÂ µ = Error term In above equation, it shows clearly dependent variable that has been applied in this study is gross domestic product, besides that, the researcher also used two independent variables which are quantitative variables, they are inflation rate and total employment. 3.1.1 DEPENDENT VARIABLE The dependent variable is the variable of primary interest to the researcher. The researchers goal is to understand and describe the dependent variable, and to explain its variability, or predict it (Sekaran, 2006). Dependent variable of this study is factor contributed to the gross domestic product. According to Zikmund (2000), independent variable is a criterion that predicted or explained. It show that the component contributed to improving of gross domestic product depend on the listed independent variables. 3.1.2 INDEPENDENT VARIABLES According to Zikmund (2000), independent variables that expected to influence the dependent variable. Refer to (Burn and Bush, 2000), independent variables are those variables over which the researcher has some control and wishes to manipulate. In this study, two independent variables will influence the dependent variables. They are inflation rate and employment. 3.2 DATA SET AND METHODOLOGY The collections of data in this research only gain from secondary data and based on time series data which are from 2000 to 2010. The researcher has considered annual data of real GDP, inflation rate and employment. All the data on the growth rate of real GDP, Inflation and total employment were obtained from Department of Statistics Malaysia database. GDP is considered per capita. In addition, according to Aigenger (2005) per capita real GDP is also used as an alternative measure of productivity, as some theoretical models do. Moreover, according to OECD (2001), living standards as represented by per capita income reflects productivity since the former is determined, to a significant extent, by the latter. CPI consider in weight 100 while employment in number of labor. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to GDP. 3.3 TECHNIQUE ANALYSIS DATA In this research, the researcher has applied unit SPSS in order to determine time series data is stationary or non stationary about the correlation between inflation rate and employment with gross domestic product. The researcher examines the existence of a long-run relationship between inflation and employment with GDP using a vector error-correction model (VECM) after applying Johansens (1988, 1990, and 1995) cointegration technique. We conduct a test for weak exogeneity in order to do inference. Then, the researcher conduct stability test by using Jarque Bera test in order to test normality distribution between the variables selected. Finally, a modified version of the Granger causality test is applied in order to analyze causality between the variables. 3.4.1.1 Multiple Regression Analysis Multiple Linear regression analysis is an analysis of the relationship between one variable (dependent variable) and set of variable (independent variables). It is used by the researcher to test the hypothesis. As in all hypothesis tests, the goal is to reject the null hypothesis and accept the alternative hypothesis. This technique will identify how much of the variance in the dependent variables can be explained by independent variables. This analysis is used primarily for the purpose of prediction. The regression model can be used to predict the value of the proposed model in the study is: GDP = f (INF, EMP) GDP = ÃŽÂ ± + ÃŽÂ ²1 Inflation+ ÃŽÂ ²2 Employment + ÃŽÂ µ Where, GDP = Gross Domestic Pr