... on welfare. The unemployment rate is as low as its’ been but there are still far too many people in this country without jobs, and so unemployment although diminished recently, still exists. The rate will never drop to zero percent but we can never be satisfied with it, that is there is always room for improvement. In the United States economy, our trade balance is said to be stable at this juncture, however because so many other countries are suffering from economic problems, we cannot export as many as our goods as we’d like to, to these other countries. We are not receiving any money from these countries because they cannot afford it, so it is taking aw ...
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... dropped the "Keynes" out of the post Keynesian. Finally, I discussed what I consider to be the four fundamental features of post Keynesian economics. The first feature is that the primary goal of post Keynesian economics is to understand the nature of the capitalist system and to develop a practical understanding of how to deal with economic problems in the present-day world. The second is that the future is uncertain and the past is immutable. From Chapter 12 of Keynes's General Theory, situations of uncertainty cannot be adequately modeled in terms of probability distributions and because of this a difference needs to be made between uncertainty and risk ...
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... give at least an idea of the standard of living in a country. This is why this statistic is widely used in the USA and Japan. However, there are some criticisms of National Income statistics. The first major criticism is that of accuracy due to difficulties in the measurement. E.g. Second hand deals go unregistered. The second criticism which is linked to this is that sales in the black economy will also go unregistered even though they may have significant effects (both good and bad) on a personÕs standard of living. For example, if drugs were being sold on the black market this may lead to a rise in crime and so peopleÕs standard of living would fall, ho ...
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... paying well; proving that highly skilled labor is what employers want! "There is clear evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services," says L. Mishel, Research Director of Welfare Reform Network. In view of these facts, I wonder if these trends are good or bad for society. "The danger of the information age is that while in the short run it may be cheaper to replace workers with technology, in the long run it is potentially self-destructive because there will not be enough purchasing power to grow the economy," M. B. Zuckerman. My feeling is that the trend from unskilled labor too highly tec ...
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... in 1928. These concerns were enough to cause the Prudential Insurance Company to suspend life insurance policies on asbestos workers. The Johns-Manville company was a producer and supplier of asbestos in the United States. According to J-M, the company had followed asbestos safety standards, later set forth by the U.S. Public Health Service in 1938, since the early 1930’s. The firm also alleges they had no knowledge of asbestos related cancer until as late as 1964. According to the evidence presented in the text this knowledge, and the company’s apparent attempts to conceal from employees the harmful effects of asbestos exposure, was the basis for several ...
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... it is interesting to look at its place and its characteristics. In the paper, the authors note that if PPP holds, "relative excess demand for domestic and foreign goods is zero." The obvious suggestion, based on the model, is that the flow of goods and services is the foundation for the equilibrating dynamic. Behind the flow of goods and services is the gap between the gap between, domestic and foreign short-term rates, and the steady state long-run interest rate gap that sets goods flows to zero. The assumption is that the prices of the domestic and foreign goods in their respective for- eign currencies are "incorrect" based on the fundamentals of the r ...
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... in other areas, however the accounting section has been overlooked. By implementing this type of program, new ideas will be encouraged and enable future changes to be accepted easily. Section 2 - The setting of the problem The accounting office is located in Holland, Ohio. This facility controls all the financial related tasks within the Northwest Ohio district. The department involved are the General Ledger, Accounts Payable, Payroll, Billing, C.O.D., and Information Services. This facility is located approximately three miles away form the main United Parcel Service hub location in Maumee. The accounting function employs approximately 150 to 160 ...
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... the EAPs are to be structured, and how it is that the troubled employee is helped through the structured programs. As those three areas are discussed, some of the statistics that make these EAPs necessary, or at the very least, helpful, will be looked at also. The Troubled Employee Many of us have seen Gus – he’s the one who believes that in order to ease the hang over from last nights party, he has to have a drink the next morning. But it may not stop there. He needs a sip around 10am to take the edge off. Whatever he does on his lunch is his business so he may go home and have a couple of beers before returning to his job - at the factory. Gus probably has ...
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... are segments of the market that you need to specifically advertise to. Fore example, different methods of advertising would be needed if you were to advertise to parents than to the children. For a lot of products their are a lot of age groups that you need to advertise for and these must be taken into consideration. We must analyse the different market segments that are applicable to Pakanawa and investigate how we can exploit these different market segments. An ad campaign is a very sensible idea because no-one will know about our products without the use of advertising. This means that we must concentrate on a good ad campaign so people will know about our pro ...
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... you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts they were to test under government standards and commercial standards. In some cases they might have even been misinformed on the final consumers of the products that they tested. In fact, ignorance on the pa ...
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