...Assignment 1 “Chinese workers earn only 50 pence per hour; if we allow China to export as much as it likes, the wages of our workers will be forced down to the same level. You can’t import a £8 shirt without importing the 50 pence wage that goes it.” International trade is exchange of capital, goods, and services across international borders or territories, however we use the Ricardian model to provide the simplest description of comparative advantage, and the advantages of trade in a balanced setting. Comparative advantage describes the advantage the country has in the production of a commodity if the ratio is between its pre trade marginal costs of that commodity and its pre trade marginal cost of producing the other commodity is lower than that of its trading partner. When we talk about comparative advantage we must think of the pattern of trade, which explains how each country will specialise and export the goods, in which it has a comparative advantage, and import the goods which it doesn’t have the comparative advantage. This will only be possible if free trade is allowed. Also if a country exports its specialised goods they will gain rather than failing at producing goods that they don’t have comparative advantage in. Lastly every country will have some specialist good in which they will have the comparative advantage, therefore every country can gain by free trade. However, non-economists believe that a developing country will have an advantage over richer countries...
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...OUR HOMES When we think about buying, or constructing a house, we zero in on factors such as location, accessibility, easy availability of amenities, and most importantly, its aesthetic value. You would want it to be warm in winter, cool in the sweltering summer months, and you would want it to be reasonably secure-large windows that admitted the sunlight, but also kept burglars away. The purpose of a house has changed over the years. Ever since the first homes were built, the focus has shifted from shelter. A home, for many of us, is not only a place where we can shelter ourselves anymore. It has become a reflection of our own individual tastes. We know what we want our home to look like, and we’d do everything to work toward that. Our needs today are very different from that of the Celtic family era, where all the family members lived in a single room, and sometimes brought their animals in to protect them from burglars and other predators. Their homes had no windows, and had a single opening in the roof to allow the smoke to escape.] Since that Celtic era, a lot of factors have changed in the way homes are built. Houses built as recently as 30-40 years ago might have all basic amenities, and make for a very comfortable living, but what’s important is that has energy efficiency been an integral component of these homes? Has any effort been made to allow for rationing of the non-renewable resources on which we rely for our survival? Citing the example of quite a few houses...
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...Buying a bad home that turn out to be a Lemon When Michael, my husband and I purchase this three bedroom in Houston, Texas in November of 2006, we were so happy to have found us a home. It was in a nice seam like quite area brick with a iron fence that you needed remote control to enter into the gate. It had a nice size front and back yard that "seemed perfect" for just the two of us. When we first look at the home I was a little sceptical because it did need some repairs and it was just something about the house that I could fill in my spirit that wasn't right. But because my husband liked the house so much and he was purchasing it from a friend of his it was ok. So we moved into the home and decided to rent the home for a year . The kitchen floor needed to be replace and inside the bathroom there was no sink or face board. The gentleman that we were purchasing the home from paid for all the expensive to get the home fix and repaired. Other than that we decide not to change anything other than making sure the dining room floor was repaired and the living room floor. We had a wooden floor put down in the dining area and we place ceramic tile in hte living room.Other than that it was too good to be true provided the rent was only $500 month. So after a year of renting the home we decided to purchase the home. Just months after we purchase, the home we found ourselves in a lot of problems with the home. We keep hearing a lot of noise in the attic and didn't know what it was....
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...Decision As they are growing up, almost every little girl dreams of getting married, buying a home with a white picket fence, and then having a family of their own. Well, I did get married and we just found out we are going to have a baby, however, we do not have a house with a white picket fence, we have a studio apartment, which is barely big enough for the two of us, let alone a baby. Therefore, it is time we start thinking about getting a bigger place. But, first we need to think about possible locations we would like to move to. Since our current apartment is far from any services that we need now and that we will need in the future, such as churches, doctors’ offices, hospitals, child care providers, daycare centers, and schools. Once we have found the right area, we then need to take the time to think about and discuss our options of whether we want to rent first to save up money for a down payment or if we feel it is in our best interest to look into buying our home now. This is one of the biggest and most important decisions we will make in our lives, besides getting married and having children, because when you buy a home there is not just the substantial amount of money that is needed as a down payment, but there are other expenses that go along with home ownership. Aside from the financial aspect that figures into our decision, there are several others we need to take into consideration as well. For instance, since I am currently studying economics in college...
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...other teams, so why mention these three? If we look back at their road to the postseason, these three squads have a significant difference in their win-loss record when compared to all the other teams: when playing at home, their records were far better as compared to when playing on the road. Let’s take a look at the Indiana Pacers. Going into the playoffs, this team was the third seed in the Eastern Conference, a noteworthy achievement. However, when playing on the road, this team was mediocre throughout the season, ending up with a sub-500 record, 19-22 (ESPN). However, this squad seemed to sync and “click” when playing in Indianapolis, recording 30 home wins as opposed to only 11 losses, enabling them to clinch such a high seed in the playoffs. A similar pattern occurred in Golden State, seeded six due to their home record of 28-13, despite a road record of 19-22 (ESPN). The most astonishing team was the Denver Nuggets, who were also the three seed, but in the Western Conference. This squad managed to tally a whopping 38 wins at home to only three losses! With this near-perfect win-loss ratio, you must be questioning how they were not seeded number one. The answer lies in their struggle to achieve similar success while playing as the visiting team: the Nuggets had the same road record as the Pacers and Warriors, an average 19-22 (ESPN). Due to this peculiar and intriguing stat, every time these three teams play at home, they become the favorite to win the game...
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...mission statement and a value statement for our organization as well as an explanation of each and how they tie together. The basis of the organization is to provide strength and support to our local community. We want to be there for the families in the hardest trials of their lives. We want to give them hope for tomorrow. By eagerly accepting this challenge, we need to create a strong code of ethics, define the role of leadership, and create a solid ethical board of oversight. By creating a strong ethical base, Loving Arms will become successful, sustainable, and a respected member of the community. With all these basics in place, it is the goal of Loving Arms to engender an organizational culture that thrives on teamwork and celebrates diversities both within the organization as well as the diversities within the community we serve. Loving Arms needs to do outreach and research regarding what and where the needs of the community are. We also need to attend and participate in community meetings, advertise our newly formed business, and create pamphlets with information about local, state, and federal laws as well as facts sheets. A funeral home, funeral parlor or mortuary, is a business that provides burial and funeral services for the dead and their families. Not only do they provide these services but they also treat or should treat at least every client like a family member. These services may include a prepared wake and funeral, and the provision of a chapel for the funeral...
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...Tsilis Purchasing a home is not only one of the most important decisions but it is also one of the biggest decisions a person can make in their life. There are so many factors that come into play when making that final decision. Before you can make a final decision on which home to purchase you have to make the decision to buy a home. My husband and I have accepted the challenge of making the final decision on whether to purchase a home or continue renting. First we sat down and made a list of all the things we needed to consider before jumping into purchasing a home. The next step we took was to make a list of pros and cons for our current renting situation and for making the choice to purchase a home. From there meeting with a relator and then a mortgage consultant would be our next step. We would like to share our process with you and why we made the decision we did. One of the first things to consider, other than your budget, is to look at Mankiw’s Economic Principles. Within the ten principles you will find how relating those to your purchase can help you in your decision. We chose to focus on the first and second principle because I felt those were the best principles that settled in on what we needed to put into perspective when making the decision. The first principle discusses trade- offs. For example, my family and I currently live in an apartment so if something breaks all we have to do is make a call to the landlord and it is fixed for free but if we were to purchase...
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...issue in America today. The baby boomer generation has hit their elder years and drastically changed the numbers for this age group. Because the number has gone up so quickly we have limited people willing to take care of the elderly. The cost for care has gone up also, making more families opt to keep their loved ones at home instead of sending them to the nursing homes. The fear of elder abuse is higher now because of the cost rise in elder care. Nursing homes are being frowned upon because they do not have enough staff to properly take care of the patients they have. This presents a big problem for society because either choice, nursing homes or in home care can have a negative outcome for our elderly. Abuse is happening more often because we were not prepared in advance to take care of this jump in patients. This paper will look at this issue from a utilitarianism point of view as well as an emotivism point of view. From a utilitarianism point of view the best way to fix this problem would be for more people to pay attention to the elderly. Everyone working together to fix this issue would be the best route. Leaving it to only a few people is not going to work. Laws have been passed and yet we still have elder abuse going on. For the elderly that are being taken care of in their homes there should be more than one family member taking care of the person when at all possible. Each family member could take turns so that no one person gets over loaded and stressed...
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...the small business and high-end home office users, in our local market. It also provides the step-by-step plan for improving our sales, gross margin, and profitability. This plan includes this summary, and chapters on the company, products and services, market focus, action plans and forecasts, management team, and financial plan. 1.1 Objectives 1. Sales increasing to more than $10 million by the third year. 2. Bring gross margin back up to above 25%, and maintain that level. 3. Sell $2 million of service, support, and training by 1998. 4. Improve inventory turnover to 6 turns next year, 7 in 1996, and 8 in 1997. 1.2 Mission AMT is built on the assumption that the management of information technology for business is like legal advice, accounting, graphic arts, and other bodies of knowledge, in that it is not inherently a do-it-yourself prospect. Smart business people who aren't computer hobbyists need to find quality vendors of reliable hardware, software, service, and support. They need to use these quality vendors as they use their other professional service suppliers, as trusted allies. AMT is such a vendor. It serves its clients as a trusted ally, providing them with the loyalty of a business partner and the economics of an outside vendor. We make sure that our clients have what they need to run their businesses as well as possible, with maximum efficiency and reliability. Many of our information applications are mission critical, so we give our...
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...Irrespective of level, we are facing it in little of bigger manner. These stress resulted in problem at office as well as at home front. Making e balance between work and personal life is become very difficult today. In today’s fast moving world, priorities of personal and professional life are continuously shifting at time interval; hence it’s becomes necessary to balance this two. Globalization has changed the total scenario, the working condition as well as total environment has changed. If you recall you own working condition and environment surrounding you before 3-4 years, there is a visible difference today. Taking equal responsibilities family more and more women are joining either a job or doing something at home to earn for the family to improve standard of living and for better education of their kids. Many of us may have experienced the instances when we became late or even absent in Parent-Teacher meeting arranged at school, due to some urgent job or meeting or even due to your engagement in some training. Many of us are going late at home to complete the target given by bosses. Now, if you see other way around, you may get late sometimes even for office due to some family matters. These types of situations happen with most of us and that’s really gives stress. Your problem at office or very much busy work schedule develops stress in you and those directly affects and reflect in your attitude towards your kids or wife, when you go home. On the other way, your...
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...people that only saw you as just an object for your entire life? Having to suffer loneliness through your entire life and having everyone you ever loved and cared about leave you as you pass into the next life. A rose for Emily is just the story that sets you in a setting that shows you the true colors of everyone around you and how everyone one in your life truly viewed you. From the beginning this story follows Emily and her life in her town within her home. With this story and all its symbols and clues, what really stood out is the setting. Her home is the biggest symbol in her life because that is where her whole life is set and that's where important events were experience, all the way to her death. As we explore this major symbol in this tragic story we can see may different reasons why her home is important. From the beginning of her life, with her father purchasing her home, to how she lived and was talked about by the townspeople, to her passing where she lost all her loved ones in a tragic lonely ending. From the beginning, the story is told by a number of perspectives and are always going back to Emily's home. Her home was once one of the most envious homes around in their town because of its size and looks. Like the text describes “It was a big, squarish frame house that had once been white, decorated with cupolas and spires and scrolled balconies in the heavily lightsome style of the seventies, set on what had once been our most select street..” her home was descriptive...
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...elements should be considered when buying a home? Does the age of the home make a difference in the price? What about the square feet of the home? Does having a house with more square feet mean that the price of the home will increase? Well my fiancé and I are looking to buy a home and have come to the conclusion of five factors that we think are the most important. Using statistics, we will narrow our search down from 108 homes to only a few homes. The first thing, we need to discuss is the dependent and independent variables. Since we are most concerned with the price of the home and how other factors affect it, we will use PRICE as the dependent variable. We have other factors that influence the price such as square feet (home size), number of bedrooms, number of bathrooms, heat (gas forced or electric), style (ranch, two floor, or tri-level), garage, basement, fireplace, age of the home, and the school district which will be our independent variables. Out of these, we have decided to pay close attention to the square feet (home size of 1900 square feet or more), number of bathrooms (3 or more), heat (gas forced), basement, and the age of the home (less than or equal to 10 years). We chose these factors because we wanted to know what kind of relationship, if any, they have with the price of the home. To figure that out, we will be doing a series of tests to discuss the price difference for the independent variables. Then we will get the probability and confidence interval...
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...And there we were, my family, myself, and all of our ski gear, on the train platform in Glenwood Springs, Colorado just about 20 minutes outside of Aspen. We were preparing ourselves for the long journey ahead. Little did we know what kind of memories this adventure would bring us. The -20 degree temperature and tons of snow were irrelevant to us, we just wanted to get home and back into the swing of things. My family and I had decided to go out on a leisure trip to Aspen, Colorado for winter break, and got stuck there. It was during the “polar vortex” so the day we were planning to leave, one of the private jets that had flown out of the Aspen airport crashed right after it took off, so the whole airport was shut down. We had to get back...
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...establish the importance of worship in the home and worship at synagogue we need to understand the difference between the two. Different worship that takes place in a synagogue is worship that usually takes place on Shabbat and the festivals. Also, there is, in a synagogue an ark, a bimah and the torah scrolls which usually can only be found in the synagogue. At a synagogue there is communal prayer and reading of the Torah. On the other hand, worship in the home can include lighting Shabbat candles, saying the bedtime shema and having a mezuzah on the walls, these are all forms of worship. Worship is important wherever it takes place but in the synagogue and at home particular prayers can be said and particular forms of worship can take place that can only be taken place in the home, therefore, Jews say that the two most important places in which worship take place is at the home or at the synagogue. Weekday prayer includes reading the Torah on Monday and Thursday mornings and lighting candles on a Friday night to welcome in the Shabbat. Worship is considered important to a Jew wherever they may be, in a synagogue; at home and even if they are out and about. Yet some may say that it is more important to daven in a minyan, this is a group of ten men. This can usually only be obtained at a synagogue. Worshipping in a minyan means one can say even more prayers to G-d and therefore, making the synagogue an important place of worship because it means we can say as many prayers as possible...
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...The last thing I could have imagined experiencing was a wildfire while being hundreds of miles away from home. Living thru a wildfire was not the memory I wanted to create. I wanted to experience fun in the sun. I did not want to experience unknowns, uncertainty or even panic. The Summer of 2012 thought me the value of my family. Materialistic items are not essential; they are only things and stuff, they can be rebuilt and be replaced, but family is irreplaceable. Creating Memories Summer vacation of 2012 began just like any other traditional American family summer vacation, a two-weeks away from all the hustle and bustle of everyday life. Having moved into our new home less than two weeks before, we were ready for a little relaxation and sun soaking, my son and I were off to Galveston, TX. We arrived at our vacation beach house on Friday, June 22 and decided we would simply relax on the beach enjoying the warm sun and ocean breeze. We began our Saturday morning by bike riding up and down the ocean front for miles on miles soaking up the sun yet being cooled by the sea breeze. That afternoon, we decided we would take the boat out for a few...
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