Ec 301 midterm - 1167 Words

1. (7 points) How are presidential election outcomes related to the performance of the economy? The re-election of the incumbent has been synonymous with low inflation and low un-employment. There has been only a few occasions where the results did not follow this norm 2. (7 points) Discuss the difference between Microeconomics and Macroeconomics. Microeconomics deals with the individual parts in the economy and how they relate to each other. Macroeconomics deals with the totals of these parts in our economy 3. (10 points) Use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. â€Å"In 1933 net private domestic investment was†¦show more content†¦So .8 x tax cut = $5 billion or tax cut = $6.25 billion. Part of the tax reduction ($1.25 billion) is saved, not spent. One combination: a $1 billion increase in government spending and a $5 billion tax cut. 10. (7 points) What are government’s fiscal policy options for ending severe demand-pull inflation? Use the aggregate demand-aggregate supply model to show the impact of these policies on the price level. Which of these fiscal policy options do you think might be favored by a person who wants to preserve the size of government? A person who thinks the public sector is too large? Options are to reduce government spending, increase taxes, or some combination of both. If the price level is flexible downward, it will fall to meet supply. In reality government policy is concern with inflation not with lowering prices. Conservatives would call for cuts in government spending since this would reduce the size of government. A â€Å"liberal† would call for a tax hike to continue to fund government spending 11. (10 points) Explain why relatively flat as opposite relatively steep labor demand curves are more consistent with the empirical observation that there are relatively minor changes in the real wage rate over the course of the business cycle. If the labor demand curve was steep there would have to be a large change in the real wage rate in comparison to the nominal wage rate. This would also beShow MoreRelatedEc 301 Midterm Essay2033 Words   |  9 PagesMidterm Intermediate Macroeconomics 1. How are presidential election outcomes related to the performance of the economy? Presidential elections and the economy have a very close relationship and they go together hand and hand. Usually when the economy is good and opinion of the government is positive, the incumbent or the party of the last president wins the election. People tend the lean towards why change a good thing. A couple of theories exist in the relationship of the economy and presidents

The U.S. Contained Communism in Vietnam - 1552 Words

In 1949, Mao Zedong led the Peoples Revolution, which established a Communist State in China. Communism has now been introduced to Asia. In this period, after World War II, Communism was a popular ideology being introduced throughout the world. Vietnam was one of the many countries under the threat of Communism. At this time, Vietnam was a French Colony. As time went on tension started to come between the French and the Vietnamese people. As tension increased so did the fighting between the French and The Vietnamese. Finally in 1954, The French decided that they could no longer withstand the revolts of the Vietnamese. The Vietnamese were now free of French rule. However, many problems still remained in Vietnam. After the war there was a†¦show more content†¦br brDwight Eisenhower, the President of the United States after Truman, wanted to support the South Vietnamese. At a news conference, Eisenhower stated, You have a row of dominoes set up, you knock over the first one, and what will happen to the last one is a certainty that it will go over very quickly. Eisenhower believed that if the United States didnt step to the aid of the South Vietnamese, they would fall to the Communist aggressions, as would the rest of Southeast Asia. President Eisenhower and his staff then started to set up a plan for the support of Vietnam. Eisenhowers secretary of State, John Dulles, was determined that the Americans could build up South Vietnam as a Barrier to Ho Chi Minh (Ho Chi Minh was the leader of the communist party in North Vietnam) and his Communist followers. br brThe Vietnam conflict changed when John F. Kennedy took the Presidential oath of office in 1961. Kennedy had long been interested in Vietnam. As a senator, he had visited the country in 1951. Like Truman and Eisenhower, Kennedy felt the United States needed to contain the spread of Communism. Kennedy wanted to take more military action against Communist rebels. When Kennedy took office there were only 900 American military advisors in Vietnam. Diems Army of the Republic of Vietnam (known as ARVN) numbered 200,000 men, opposing a Viet Cong guerrilla force of only 17,000 men. The ARVN seemed unable to stamp out the Viet Cong (Communist rebels).Show MoreRelatedThe Vietnam War Was The War Essay1611 Words   |  7 PagesDuring the1950s North Vietnam was controlled by the Viet Cong (a National Liberation Front.) The Viet Cong were bullying South Vietnam, trying to make them a communist. Most of society will not stand up for the weaker person in a bully situation. The United States is not most of society; they believe you mess with someone your own size. Many people have different views on the Vietnam War: was the war necessary, was the war worth all the sacrifices of American troops lives, what was the United StatesRead MoreThe Vietnam War Was The Biggest Failure Of The 20th Century1628 Words   |  7 PagesThe Vietnam War The Vietnam War is one of the most controversial wars the United States participated in. Communism in the 20th century, was a huge threat to the U.S. It become a priority of the U.S. to stop the spread of Communism. In the late 1940s, the French struggled to control its colonies in Indochina - Vietnam, Cambodia, and Laos (history.state.gov). The U.S. saw that the French were struggling in south Vietnam so they decided to come and help France. They tried to support France and theRead MoreMarxism-Leninism in Vietnam Essay684 Words   |  3 PagesMarxism-Leninism in Vietnam In the region of Vietnam there had been many uprisings. All of these uprisings were for one reason, freedom. The Vietnamese were willing to accept Communism in return for what they had been fighting for over 2000 years: self rule. In 1950 the United States, owing a debt of gratitude towards France, sent several advisors to aid French control in Vietnam. Over the next decade and a half, the United States would send an entire Army and Navy to aid the French in maintainingRead MoreThe Cuban Missile Crisis1149 Words   |  5 Pagestheir power towards the America’s. while in Vietnam they always had trouble keeping independence and now communism is splitting the North and South and causing a civil war. Both the Cuban Missile Crisis and the Vietnam War illustrate the United States attempt to combat communism. The Cuban Missile Crisis in the prevention of a nuclear war. Whereas the Vietnam War ultimately curtailed the spread of communism. (CMC) During the Cuban Missile Crisis, the U.S was trying to prevent a nuclear war, andRead MoreThe Vietnam War Of The Cold War1419 Words   |  6 PagesThe Vietnam war started as a U.S. strategy of authority in times of the cold war, which was directed to prevent the advancement of communism in the world. The War had begun in 1954, after the rise of power with Ho Chi Minh and his communist Viet Minh party in North Vietnam, and continued against the backdrop of an intense Cold War against the United States and the Soviet Union. More than 3 million people were killed, including 58,000 Americans. In 1975, communist forces took control of SaigonRead MoreVietnam : The Most Unpopular War1061 Words   |  5 PagesAmerican history, Vietnam, was also the most unpopular war. It resulted in nearly 60,000 American deaths (www.digitalhistory.uh.com). Even today, many Americans still ask whether the American effort in Vietnam was a sin, blunder, a necessary war, or whether it is a noble caus e, or an idealistic, if failed, effort to protect the South Vietnamese from totalitarian government (www.digitalhistory.uh.com). The reason the United States got involved was to prevent the spread of communism. For centuries theRead MoreHow Do Foreign Affairs During Vietnam Justify Public Or Private Tactical Behavior?1633 Words   |  7 Pagesquestion: To what degree is torture valuable? How do foreign affairs in Vietnam justify public or private tactical behavior. T.S. Eliot: â€Å"There is no such thing as a Lost Cause, because there is no such thing as a Gained Cause.† Growth and power come paired with conflict and danger. The United States must use interrogation to ensure the safety of its citizens. A history of torture to get information is prominent between many nations, however the use of such interrogation is often kept private fromRead MoreThe Cold War Between The United States And The Soviet Union1268 Words   |  6 Pagesstrictly limit the spread of communism through containment, an idea formulated by US diplomat George Kennan, which became the basis of Harry Truman’s foreign policy. The containment policy was a response to a series of moves by the Soviet Union to enlarge communist influence in Eastern Europe, China, Korea, Africa, and Vietnam. The president’s initial step toward containment came in response to a British request to support both Turkey and Greece against the spread of communism. By requesting Con gressRead MoreWhat Was The Cold War?1726 Words   |  7 Pagesbelieve that the Cold War took place after the Vietnam War and ended a couple of years later and that nothing happened during that time frame except for maybe a few threats. The belief is also that only the United States and the Soviet Union were involved in the conflict. As stated in the introduction, this common belief is wrong. Historical facts prove that the Cold War was not a war where no fighting was involved. It did not take place right after the Vietnam War and ending a few years later. Nor didRead MoreVietnam And The Vietnam War1649 Words   |  7 PagesThe Vietnam War was probably one the most infamous war in the history of the United States. Vietnam was divided into North and South Vietnam as a result of the Indochina War. North Vietnam belonged to the Communists and its allies after World War II and South Vietnam belonged to the anti-Communist supporters and their allies (the U.S was one of South Vietnam’s allies). It all started as an effort by America to keep South Vietnam away from Communism. Americans feared that if South Vietnam adapted

Pepsi Refresh Analysis free essay sample

A Thirst for Change For decades, PepsiCo beverages have had success in capturing much market share of the soft drink industry through fascinating advertising campaigns. Their campaigns revolved around the idea that Pepsi was a drink for the young and young at heart. The advertisements were filled with optimism and aimed to bring people together in some way. At the turn of the twenty-first century, Pepsi was challenged with the fact that people were simply drinking less soda to switch to healthier options. In response to the issue, Pepsi began to expand its product portfolio by including healthier alternatives to the sugar-filled soft drink. Although it was a good attempt to conform to the more health-conscious world, this new focus hindered the attention that was given to their money-making products. Pepsi knew they had to appeal to their audience as more than just a soft drink brand. The problem was how do to so. We will write a custom essay sample on Pepsi Refresh Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They began to follow the sentiments of the country and focus on making a change for the better of society. First they launched the Refresh Everything campaign, which gave Pepsi a voice and then the Pepsi Refresh Project, which put that voice to action. The project, which aimed to increase brand equity, earned them an award at the International Advertising Awards but failed to increase sales or market share. Even though the project was successful it was not selling product, which in the end was the main goal. The Pepsi Refresh Project took advantage of one of the company’s best strengths, brand awareness. People knew about Pepsi and were interested in what they were doing to better the society around them. Pepsi saw this new project as an opportunity to establish a point of difference from their biggest competitor, Coca-Cola. They believed that the new socially conscious America was a threat to their industry and had to combat the issue by giving in and helping out. Through social-media and traditional promotion as well as various public relations, Pepsi was able to generate 3. 24 billion media impressions, estimated to be worth $66 million in earned media value, with the Pepsi Refresh Project. Because much of their promotion was done through social networking, Pepsi added 3 million Facebook fans and 53,000 Twitter followers. They also advertised via commercials on NBC, ABC, Fox, MTV, Spike, and ESPN and had print ads in People and Parade magazines. For public relations, they encouraged celebrities to participate in the program and offered grants to help their cause. Even with all of the success in participation of the program, the numbers that really mattered were not increasing. Pepsi sales dropped 4. 8% while market share also decreased. Ultimately, Pepsi believed that long-term brand equity was gained but was unsure whether to continue the project. They could not go another year spending the same amount of money on the Pepsi Refresh Project without their sales increasing. In my opinion, Pepsi broadened the way people think about them as a company and for that, the project was a success. I do not think that continuing this project would be beneficial and they should lend their focus to creating a campaign that drives sales now that they have an even stronger brand equity and awareness.

Ultimate Guide to Write a Perfect Annotated Bibliography

Do you know nothing about the annotated bibliography? Do you have no idea at all what are its requirements and basic structure? Do you want to know how to write an annotated bibliography? Dive in and learn how to craft a perfect annotated bibliography. Quick Links 1. What is an Annotated Bibliography? 1.1 Abstract Vs. Annotation 2. Purpose of Annotated Bibliography 3. Types of Annotated Bibliographies 3.1 Example of an Informative or Descriptive Bibliography 3.2 Example of Critical or Analytical Bibliography 4. How to Write an Annotated Bibliography? 4.1 Pick the Sources 4.2 Review the Elements 4.3 Write the Citation 4.4 Write the Annotation 5. Annotated Bibliography Format 6. MLA Annotated Bibliography Example 7. Annotated Bibliography Example APA 8. Chicago Style Annotated Bibliography 9. Significance of Research in Annotated Bibliography 9.1 Get Professional Help 1. What is an Annotated Bibliography? First things first. You need to know what is an annotated bibliography. It is a list of citations to documents, articles, and books. Every citation is followed by a descriptive and brief paragraph, the annotation (comprising 150-200 words). Annotated bibliography is an organized list of sources. The basic purpose is to offer sufficient information to keep the reader interested in the original work. In simple terms, it describes whether the topic is useful or not and if yes, then why? Never confuse an annotation as a brief summary of a book, an article, or other web sources. It must be kept as simple as you can. 1.1 Abstract Vs. Annotation An abstract is a purely descriptive summary found at the beginning of a book. You can also find in a scholarly journal articles, web source or in periodic indexes. Annotations are also descriptive, but they are critical too. Also, they include; the description of the authority, the author's point of view and clarity of expression. 2. Purpose of Annotated Bibliography It does not have a single purpose. You need to explore the following points to develop an understanding. Offers a literature review on a particular topic Helps to make a thesis on subjects Provides examples of various sources of information Highlights the items that keep other researchers interested Reflects the research performed on a specific topic Students need to be careful about including all these points in their annotated bibliography, in order to earn a perfect grade. If you miss any point, you will not be able to depict a complete understanding of the source. This is a major requirement in this case. 3. Types of Annotated Bibliography There are two primary types: Informative or descriptive Critical or analytical 3.1 Example of An Informative or Descriptive Bibliography The conclusion and the main arguments of the author are discussed in the informative type. It can be considered as an abstract. Also, it highlights why the source is important for researching a particular question or topic. Here is an example of an annotated bibliography: For Example: Breeding evil. (2006, September 8). The Times, 375(8496), Retrieved from www.thetimes.com The editorial from the Times highlights the controversy of video games and the impact they have on the people and users. The author describes the skepticism of the mass media, which has gone back to the pastimes of the ancient Greeks. The significance of the article is extraordinary in exploring the controversial dimensions surrounding video games from a wide standpoint. It is published to target the general audience. 3.2 Example of Critical or Analytical Bibliography A critical or analytical annotation serves various purposes. It not only summarizes the piece, but it also analyzes the material. The strength of the article is examined. Besides, the weakness is also mentioned to express the key flaws in the conclusion presented by the author. Majorly, critical, or analytical bibliographies are used in a research paper or project. It is necessary to understand the art of making a critical analysis of the material. For Example: Breeding evil. (2006, September 8). The Times, 375(8496), Retrieved from www.thetimes.com The editorial from the Times discusses the controversial debate of video games and their effect on the people. The article indicates that a wide range of gaming critics are over 4, and it is the issue of age. Games cannot be blamed under any circumstances. While the article briefly summarizes studies conducted in the dimensions of gaming and violence, it never analyzes the in-depth aspects. The article is not enough to reflect both sides of the story. If the researchers want to make a critical analysis, other research must be studied that has been conducted in the field. The bottom line is that the author says opposition of video games is generally because of the generation gap. Remember, the example is specifically related to critical or analytical bibliography. Pay keen attention to the last sentence of the passage. The research of the author is criticized here. 4. How to Write an Annotated Bibliography? Now you are all set to write your own piece of the annotated bibliography. Read the following guidelines to learn how to write an annotated bibliography. Trust me; you won't regret it. 4.1 Pick the Sources Before you write an annotated bibliography, it is a must to choose the credible sources. Here is where research skills come in handy. Identify records to the material which may be utilized in your topic. You must choose scholarly articles which are older no more than the last 5 years. 4.2 Review the elements After choosing the sources, review the elements. Always choose the items which offer a wide range of perspectives on the topic. Article abstracts are the key to this process.4.3 Write the Citation First, write a complete citation and then follow it with the annotation. Citation should be the entry of your annotated bibliography. So, write the citation on the top. Follow the correct format of the respective citation i.e. apa mla, harvard, chicago or any other . Moreover, you do not need to add a separate reference list, references or works cited page. Just add in-text citations in your annotated bibliography. 4.4 Write the Annotation Right after the citation, create an annotation. Remember! The ideal and informative annotated bibliography consists of 150-200 words. The following items are part of creating an annotated bibliography: The aim of the work A summary of the content The audience targeted by the author Relevance to the primary topic Any unique or special features relevant to the material The weaknesses, biases, or strength in the material. Annotated Bibliographies can be arranged in order or alphabetically. Know that the preference of the instructor is what you need to consider. 5. Annotated Bibliography Format Do you want to know how to do an annotated bibliography? The instructor, in most cases, directs to use the specific type of annotated bibliography. Yes, there are different types. Follow the guidelines carefully if you are asked to submit an essay with bibliography at the end. Always keep an eye out to set your annotated bibliography format right. Here are some common formats which your teacher will probably prefer to include in your instructions. MLA Style APA Style Chicago Style If you want to get complete knowledge of these formats, learn more by reviewing these annotated bibliography examples. Remember, the following two features remain the same in each type of annotated bibliography: Author's name must be on the left. The remaining text must be indented. 6. MLA Annotated Bibliography Example It takes practice and seasoned guidance to master annotated bibliographies With different formats, it becomes further difficult to produce powerful annotated bibliographies. Read the following mla annotated bibliography example to have an understanding of the MLA formatted annotated bibliographies. Lammot, Anne.Bird by Bird: Some Instructions on Life and Writing. Anchor Books, 1995. The most productive thing about Lamott's work is the reflection into the life of the writer. With victories and success, the doubts and failures of the writer are also discussed. The anecdotal mode of writing and giving several examples from personal writing career further guides the novice writers to excel. For the new writers, it is a powerful guide to become a pro writer. The writing style, educational and lightweight, has proven to be easily understood by students. The above example of mla annotated bibliography beams light on most appropriate way of writing annotated bibliography mla. Summarizing, viewing, and evaluation of the work are the three types expressed in above mla format sample. 7. Annotated Bibliography Example APA Ehrenreich, B., (2002).Nickel and Dimed: On (not) getting by in America. New York: Henry The book by Ehrenreich reflects a nonfiction piece which includes her research. The goal of the research was simple. She examined if it was possible to live on minimum wages in the United States of America (USA). To prove the point, Ehrenreich highlighted the experiences as a maid working for cleaning services and a Walmart sales employee. She acknowledges that her research has generated results, but the possibilities are limited. Nevertheless, the book offers a potential image of the rising cost of living in America and is based on seasoned research. The above annotated bibliography example apa includes texts in apa format. It is an example of apa annotated bibliography. In the first half, the book is summarized. The second half assesses the work and research of the author. This is how annotated bibliography apa is done. 8. Chicago Style Annotated Bibliography Davidson, Hilda Ellis.Role of the Northern Goddess. London: Routledge, 1999. Davidson's work is intended at presenting the diverse roles of the Northern European pagan goddesses in daily life. The diverse roles discussed by the author are hunting, agriculture, and several household arts. A single paragraph is enough in the chicago style annotated bibliography example. Read again, and you will notice that it is a detailed summary of the book and methods used by the author. Annotated Bibliography Sample If you have any difficulty understanding the concept, here is the sample annotated bibliography. It comprises all the necessary examples and everything important regarding annotated bibliography. Annotated Bibliography Sample (PDF) 9. Significance of Research in Annotated Bibliography Perform extensive research if you are analyzing the work of a credible author or source. As research is what differentiates quality and ordinary annotated bibliography. You simply cannot ignore the significance of research in annotated bibliography. 9.1 Get Professional Help Do you still think writing an annotated bibliography is a hard nut to crack? We can understand as it is not everyone's cup of tea to craft a perfect bibliography. Worry not! We've got you covered. Allow the experienced professionals at 5StarEssays to handle the trouble of writing critical annotated bibliographies. You can satisfy yourself by asking them for their sample annotations as well. To cut the line short, annotated bibliography often proves to be a headache for the students. Do not be one of them. The writers never compromise on quality. Gear up to reach the proficient writers and resolve the mystery of annotated bibliographies.