The Growth Rate Of The Gdp - 1633 Words

The GDP growth rate per year is derived from the reported GDP (in dollars $), therefore, the GDP ($) for 2004 and 2014 is needed in order to get a single summary growth rate for all 10 years (2004-2014). According to World Bank, the U.S. GDP for 2014 was $17,419,000,000,000.00 and the GDP for 2004 was $12,274,928,000,000.00. As a result, we get an annual GDP growth rate of 3.56% over the 10 years (2004-2014). The inflation rate informs us about the purchasing power of our currency; in other words, the higher it is, the weaker our currency becomes and the worse our economy becomes. However, at a moderate amount, it can actually stimulate the economy. In this case, the inflation rate is based on the consumer price index, which means we need the ending price index for 2014 and the beginning price index for 2004 in order to find the inflation rate over the 10-year period. As reported by World Bank, the consumer price index for 2014 was 108.6 and the consumer price index for 2004 was 86.6. Thus, the inflation rate over the past 10 years is 2.3%. This means we are a little over the Federal Reserve’s goal of 2.0% inflation, but with the right actions, the Federal Reserve could soon reach their goal. The unemployment rate is a good indicator of the percentage of people in the labor force are currently attempting to find work. However, the rate does not take into account individuals that aren’t showing interest in finding work or that aren’t in the process of securing a job. InShow MoreRelatedExpected US GDP Growth Rate Going Forward829 Words   |  3 PagesExpected U.S. GDP Growth Rate Going Forward As the newly appointed President of the local Chamber of Commerce, I will make a presentation of the trends, statistics and forecasts of the U.S Gross Domestic Product to give the business leaders an idea of what is the outlook of our economy. Based on the economic statistics from the Bureau of Economic Analysis (BEA) among other sources, I will provide a detailed up-to-date image of the United States economy. The one way one can comprehend the UnitedRead MoreFiscal Policy On Employment, Potential Gdp, And The Economic Growth Rate935 Words   |  4 Pagesof tax revenues, outlays, deficits, and debts†. The second object is to â€Å"explain how fiscal stimulus is used to fight a recession†. The third objective is to â€Å"explain the supply-side effects of fiscal policy on employment, potential GDP, and the economic growth rate†. The federal budget has two main reasons it was created. The first is to fund the activities of the federal government. The second was and still is to attain macroeconomic objectives. In order to create the Federal Budget, the PresidentRead MoreThe Correlation Between Three Different Women s Rights Change Rate And The Real Gdp Growth Rate926 Words   |  4 Pages Methodology and Results Combining with literature review, I collect the US real GDP per capita from 1985 to 2000 data and calculate the maximum, minimum, average value and growth rate of US real GDP per capita by using the formula g=[(X(t+1)/(Xt)](1/n)-1. Human rights is a subjective conception that is hard to quantify. So I adapted and rearranged the authoritative data of the women’s different rights index from CIRI Human Rights Project. And I calculated all the maximum, minimum, and averageRead MoreDifference Between Real Gdp And Nominal Gdp1395 Words   |  6 PagesThere exist some differences between real GDP and nominal GDP. Real GDP is the measure (macroeconomic measure) of economic output that has been adjusted for a change in price. The meaning for this adjustment is that inflation or deflation has been factored in the computation of real GDP. It is the aspect of adjustment for price changes that makes a transformation of the money value to become a nominal value (Tucker 230). Nominal GDP r efers to the value of Gross Domestic Product that has not factoredRead MoreDeveloping A Countrys Economic Data1489 Words   |  6 Pagesfactors can be analyzed separately but they are all interconnected which is why a country’s economy is so dependent on their individual success. The government’s goal is to prioritize economic growth in order to maintain a high standard of living for its citizens. Key Economic Factors Gross domestic product (GDP), unemployment, and inflation make up the most important economic indicators for Canada’s economy. As previously mentioned, these factors and interrelated but will be analyzed individually forRead MoreEconomic Growth Between Emerging And Developed Economics Essay1181 Words   |  5 PagesNowadays, the various economic growth patterns are very common in both emerging and developed economy. The countries that are having most advanced economy and highly developed capital markets with high levels of liquidity is called developed country. Developed countries are mostly located in North America and Western Europe, including nations like the U.S, Germany, U.K., Canada, Australia, New Zealand and Japan. Emerging countries can be identifying with rapid growth rate and development but lower perRead MoreAn Economic Comparison Between United Kingdom And The United States1692 Words   |  7 Pagescould still be made to distinguish the country with the better e conomic growth performance. Important indicators when comparing economies is economic growth rate, which is a measure of the yearly rate of development rate of GDP using the market prices (Ros, 2013: 26). Another indicator is the GDP, which is defined as the total amount of goods and services produced in a country per year (Mankiw, 2009: 521). Also, the inflation rate is used, which is a continuos increase in the prices for goods and servicesRead MoreMacroeconomics for Business Debt Sustainability1665 Words   |  7 Pagesinterest rate, the inflation rate, the real GDP growth and primary deficit remain constant for the next year, we can compute the projected next year end debt as a percentage of GDP by using the equation: dt+1=dt+i-Ï€dt-grdt-st+1 In this case, dt is the public debt (as % of GDP) of 2011, which is 88%; i is the government interest rate 7% according to our assumption; Ï€ is the inflation rate, which was 2% if it is held constant constant in the next year; gr is -1%, the real GDP growth; and -st+1Read MoreEconomic Growth Of The United States Essay1119 Words   |  5 Pagesmacroeconomic issue over the rate of economic growth. This issue consists of the potential regression of the United States, Gross Domestic Product, commonly known as GDP. GDP can be defined as the market value consisting of all the goods and services that are produced in a country that falls within the given time period, usually marked as a fiscal year. In terms of economic growth, GDP will always have a direct correlation to growth within a country. An increase in GDP will lead to an increase inRead MoreEconomic Growth Of A Recession1433 Words   |  6 Pagessloping growth rate. Additionally, recessions tend to have a time range o f two or more periods/quarters of falling real gross domestic product (GDP), consequently from the negative sloping economic growth rate. In order to properly define causal factors of a recession, it is most appropriate to elucidate what GDP’s meaning. GDP = I + C + G + NE GDP provides a monetary value of all final goods and services produced within a nation in a particular year. The independent variables make up the GDP, which

Explication of The Road Not Taken by Robert Frost Essay

Explication of The Road Not Taken by Robert Frost When reading â€Å"The Road Not Taken,† by Robert Frost, I found that it was personal, especially to the author. The fact that it was written in first person form helped me to conclude that it was probably about the author. I think the reasoning behind his writing of this poem was because in life, you have many obstacles to overcome and many choices and decisions to make, which opens a path that leads the way to your future. Since those things relate to Frost, I think it motivated him to write this poem on a personal basis, like a short autobiography on his life. It motivated him because he could then tell others about his life and give advice and guidance to the people that read his†¦show more content†¦The thing that always holds true though, is that the major issues people’s lives are always ironically similar to each other or, at least can relate to them in many ways. Therefore, I found that this poem not only symbolizes or relates to the author, but i t also symbolizes or holds true to almost everybody’s lives. One of the major symbols within this poem is the roads. When he says â€Å"Two roads diverged in a yellow wood,† he is using the roads to symbolize the paths, choices, and decisions that he has to make in his life. Those decisions guide the way to his future, because when you come to a two way street or road you have to decide or make a choice on which path to take. Also when he says â€Å"And sorry I could not travel both And be on traveler,† he is telling us how he is insecure on which road to take because he is unsure of what’s ahead and would like to travel both roads to come up with a conclusion or a decision on the correct road to take. So overall, what road basically symbolizes in this poem is the options that he has in his life and the decisions that he has to make. Another symbol in this poem is the many observations that he makes. When he says â€Å"long I stood And looked down one as far as I could To where it bent in the undergrowth,† he is using his observations to symbolize the brainstorming, analyzing, and thinking you have to do before or ahead of time when you are offered two options in your life and only one path to take.Show MoreRelatedThe Road Not Taken by Robert Frost , Poetry Explication Essay1058 Words   |  5 PagesThe poem The Road Not Taken by Robert Frost addresses the idea of decision-making and choosing what direction life will take you. The poem is about the speaker arriving at a fork in the road, where both paths are carpeted with leaves. The persona, who is believed to be Frost himself, chooses to take the road less traveled by. He tells himself that he will take the other road another day, although he knows it is unlikely that he will have the opportunity to do so. The poem concludes with theRead MoreThe R oad Not Taken By Robert Frost912 Words   |  4 Pageswhat could have been? Profound poet Robert Frost depicts this dilemma in his poem â€Å"The Road Not Taken. The Road Not Taken is a narrative poem consisting of four stanzas of iambic tetrameter and was published in 1916 in the collection Mountain Interval. In this poem, Robert Frost uses title, imagery, and theme to complicate and lead the reader to unknowingly misunderstand the poem. Through careful explication of these elements of Frost’s â€Å"The Road Not Taken,† one may discover the true meaning toRead MoreThe Road Not Taken1084 Words   |  5 PagesWoods English 102 CHA 8 November 2010 The Road Not Taken The poem â€Å"The Road Not Taken† by Robert Frost describes the dilemma in decision making, generally in life each individual has countless decisions to make and those decisions lead to new challenges, dilemmas and opportunities. In Frost’s poem, the careful traveler observes the differences of each path, one is bent and covered in undergrowth (Frost 5) and the other is grassy and unworn (Frost 8). In the end he knows he can only choose oneRead MoreA Literary Explication on the Poem A Girls Garden by Robert Frost1054 Words   |  5 PagesRunning head: A LITERARY EXPLICATION ON THE POEM A GIRLS A Literary Explication on the Poem A Girls Garden by Robert Frost Galen College of Nursing A Literary Explication on the Poem A Girls Garden by Robert Frost Even people who are not a connoisseur of poetry are familiar with Robert Frost and his works. Even though he was a very complex man who kept to himself he excelled in poetry. He found success in poetry that few poets are able to achieve. He lived from 1874-1963. LivingRead MoreThe Road Not Taken Poetry Exp.983 Words   |  4 PagesPoetry Explication: â€Å"The Road Not Taken† By Robert Frost The four time Pulitzer Prize winning poet, Robert Frost, is well known for his picturesque portrayal of rural lifestyle, focusing mainly on the New England region of the United States. â€Å"The Road Not Taken†, published in 1916 is one of his earliest written and most highly praised works. It is considered a masterpiece of American Literature and its content is frequently studied by high school and college students to this day. The poem isRead MoreExplication In Robert Frosts The Road Not Taken782 Words   |  4 PagesExplication of The Road Not Taken. The poem titled The Road Not Taken by Robert Frost is about a man reflecting on a choice he once made. While the outcome of this choice is not implied to be positive or negative the speaker notes that the choice in itself and the consequences of that choice have made a huge difference in the way his life has unfolded. The poem is about the importance of choices. The poem begins with the speaker regretting that he could not have been two people soRead MorePoetic Devices and Poems3332 Words   |  14 Pagesthat at first seems self-contradictory but that on reflection makes sense. Ghost House by Robert Frost: â€Å"I dwell in a lonely house I know That vanished many a summer ago.† Symbolism: a thing that suggests more than its literal meaning. A symbol can be a thing or an action. Symbolism is the collective function of symbols in a work, or an author’s use of symbols. Example- The Road not Taken by Robert Frost. Cacophony: deliberate use of harsh, dissonant sounds. Example- Jabberwocky by Lewis Carroll:Read MoreLove and Nature in the Poems of Robert Frost Essay2313 Words   |  10 Pages â€Å"Two roads diverged in a wood, and I- / I took the one less traveled by, / And that has made all the difference.† (Frost 697) Robert Frost was a unique writer of the 20th century. In his poems â€Å"Nothing Gold Can Stay† Birches Stopping by Woods on a Snowy Evening Fire and Ice and Mending Wall Robert Frost explores the theme of nature, and the human emotion love. Robert Frost is considered a humanist and is one of the most well-known American poets. â€Å"If the United States ever adopted aRead MoreRobert Frosts Use of Nature and Love3230 Words   |  13 Pagesâ€Å"Two roads diverged in a wood, and I, I took the one less traveled by, and that has made all the difference† (Frost 697). Robert Frost was a unique writer of the twentieth century. In his poems â€Å"Nothing Gold Can Stay†, â€Å"Birches†, â€Å"Stopping by Woods on a Snowy Evening†, â€Å"Fire and Ice†, â€Å"Mending Wall†, and â€Å"After Apple-picking†. Robert Frost explores the theme of nature and the human emotion love. Robert Frost is considered a humanist and is one of the most well-known American poets. Robert Frost diedRead MoreANALIZ TEXT INTERPRETATION AND ANALYSIS28843 Words   |  116 Pagesa combination of the two? 2. What are the chief episodes or incidents that make up the plot? Is its development strictly chronological, or the chronology rearranged in some way? 3. Compare the plot’s beginning and end. What essential changes have taken place? 4. Describe the plot in terms of its exposition, complication, crisis, falling action and resolution. 5. Is the plot unified? Do the individual episodes logically relate to one another? 6. Is the ending appropriate to and consistent with the

Background of Circuit City Essay Example For Students

Background of Circuit City Essay Circuit city was founded in 1949 by Samuel Wurtzel under the original name or Wards. Due to Wurtzels business skills, President Kennedy appointed him to the U.S. Foreign Trade Mission to Switzerland and Austria. Originally opened as a television store, Circuit City has come to sell almost all electronic goods ranging from television and video products to cell phones and car stereo equipment. Circuit city competes in a consumer electronic market. The main competitors of Circuit City are Best Buy, Comp USA, Wal-Mart, RadioShack, and Amazon.com. Second in sales in this industry, Circuit City operates more than 600 stores nation wide and an additional 1,000 stores in Canada under its subsidiary InterTan Inc. While Circuit City normally sells a wide variety of products from different companies, in 2004 it stated carrying their own product line. This line includes LCD computer monitors through their Liquid Video brand, other consumer electronics through Verge, and easy, simple, affordable products through ESA brand. Circuit city grew rapidly between the 1960s and 1980s. During the 1990s the sales rate leveled off and in 1999 their revenue passed the $10 billion mark. They have been trying to revitalize the chain by eliminating certain products, such as appliances, and by lowering operating costs. Currently Circuit City is at a maturity level with declining sales and revenue. Over the past 55 years Circuit City has transformed from a small local television store to an international chain of superstores. Circuit City will continue to be a competitive company in the consumer electronics industry as long as they offer a strategic plan that leads to larger sales. We decided to choose Circuit City because we wanted to learn more about a company that was in risk of having to make many changes to compete in the technology world. Since there are so many companies competing in this field we though it would be interesting to see the possibility of success in a company who is revitalizing their companys structure.

The 5th Amendment Essay Example For Students

The 5th Amendment Essay The 5th AmendmentBasically, the 5th Amendment states that no one shall becharged with capital crimes without a Grand Jurys permission, except in cases regarding the military while under service in wartime or public danger. No one can be put on trial again for the same crime. You cant be forced to testify yourself. That no one should be executed, jailed, or have property seized without a legal precedent. Also you cant be put through cruel or unusually punishment. If private property is seized for public use, that the owner must be compensated for their losses fairly. It also forbids deprivation of life, liberty, or property without Due Process of the law. The 5th Amendment is also often cited as the Double JeopardyAmendment. The Constitution does not say that individuals cant be put on trail again for the same offense. The Constitution says that should he defendant be tried again on the same charge or charges, that they cant be executed or imprisoned for life without the possibility o f parole. We will write a custom essay on The 5th Amendment specifically for you for only $16.38 $13.9/page Order now The 5th Amendment is also sometimes called the Take the Fifth Amendment. It states that no defendant can be forced to testify against themselves in a criminal case. When under oath, you are expected to tell the truth, even if that truth was to put you in trouble. Taking the fifth allows you to tell the truth about th case without putting yourself in trouble. The Miranda are issued in 1966. This is also the amendment that protects citizens from manifest destiny. That is the federal government simply taking land or other property of citizens without giving anything back. In fact, the Constitution states that the owner shall be compensated a fair value ofthe item or items taken will be paid to the former owner. This is called Emient Domain. 5th Amendment Supreme Court Cases MIRANDA v. ARIZONA 1966The defendant, while in police custody, was questioned by police officers, detectives, or a prosecuting attorney. The defendant was not given a full and effective warning of his rights before the the interrogation. In this case Miranda was not ckarged and was sent free because he had no awarence of his rights. Since that day for the the police had to read your rights. CLARENCE EARL GIDEON v. LOUIE L. WAINWRIGHT, Director, Division of Corrections 1963The was charged in a Florida state court with having broken and entered a poolroom with intent to commit a misdemeanor. This offense is a felony under Florida law. Appearing in court without money and without a lawyer, the defendant asked the court to appoint counsel for him. the court denied him. The court said only time the court can appoint counsel to represent a defendant is when that person is charged with a capital offense. After defending himself he was found guilty by the ju ry. He was sentenced to five years in state prison. The defendant then filed in the Florida Supreme Court this habeas corpus petitioner attacking his conviction and sentence on the ground that the trial courts refusal to appoint counsel for him denied him rights guaranteed by the Constitution and the Bill of Rights by the United States Government. But the State Supreme court denied him, because its only under federal constitutionaly. Kastigar v. United States 1972This case presents the question whether the United States Government may get testimony from an unwilling witness, who pleeds the Fifth Amendment so they will not self-incrimination, by conferring on the witness stand from use of the compelled testimony in criminal proceedings, as well as from use of evidence derived from the testimony.The witnesses were subpoenaed to appear before a United States grand jury in the Central District of California on February 4, 1971. The Government believed that the witnesses were likely to t ake their Fifth Amendment privilege. Prior to the scheduled appearances, the Government applied to the District Court for an order directing the witnesses to answer questions and produce evidence before the grand jury. The witnesses opposed of the order because they felt the would self-incrimanate. The District Court rejected this, and ordered the witnesses to appear before the grand jury and answer its questions.