Writing an essay plan
Essay Paper Topics About Machiavelli
Wednesday, August 26, 2020
Krispy Kreme Doughnuts Case Study free essay sample
KK created incomes through four essential sources: on-premises retail deals, off-premises deals, item blend and apparatus, and franchisee eminences and expenses. Be that as it may, as its market getting greater yet the business technique getting radical and indistinct, KK step by step pushed itself into difficulty. The emergency uncovered on 2004 when the companyââ¬â¢s acquiring was overestimated by the speculators. A progression of healing measures were embraced which, tragically, had little impact. As the KKââ¬â¢s inconveniences mounted step by step, most of the investigators started to be critical about the companyââ¬â¢s stock and future. Productivity proportions for Quick-Service Restaurants at End of FY2003 5 The graph above shows that the arrival on resources and the arrival on value for KK in 2004 were like the normal business level. It infers that the capacity of the firm to utilize venture assets to produce income development and to be gainful before influence was on a normal level, from which we could make the determination that the disclosures about the companyââ¬â¢s establishment bookkeeping rehearses were far less adequate to drive that much an incentive out f stock, as appeared in the show
Saturday, August 22, 2020
Margaret Mitchell; an Inspired Writer essays
Margaret Mitchell; an Inspired Writer papers My dear I dont care at all (Margaret (Munnerlyn) 1).When hearing this well known expression by Rhett Butler, a great many people think about the honor winning film Gone with The Wind. The achievement of the film would not be conceivable with out the granted novel Gone with the Wind, composed by Margaret Mitchell. Columnist and Novelist, Margaret Mitchell was an American author in the mid 1900s. November 8, 1900, Margaret Mitchell appeared on the scene and would later favor numerous with her ability of composing. Forty nine years after the fact on August 16, the fruitful author was executed by an alcoholic driver. In life Margaret had hunches about her demise being a disaster and really said that she would be executed in a fender bender (Margaret (Munnerlyn) 1). Margaret was conceived in Atlanta Georgia and experienced their all her adolescence. She went to Washington Seminary and went through one year at Smith College (Margaret (Munnerlyn) 1). She later came back to Atlanta and lived there for a mind-blowing rest. Margaret was the girl of Eugene and Maybelle Mitchell (Margaret (Munnerlyn) 1). Her mom had incredible effect on her being a supporter of ladies testimonial. All through her youth she was recounted to numerous tales about the Civil War by her family members that survived it. She didnt discover that the south truly lost the war until she was ten in view of the impact from her family. Margaret turned into an essayist for the Atlanta Journal in the wake of coming back from Smith College. She was named a component author for the Atlanta Journal in 1922and in 1926 surrendered being the papers highlight essayist (Margaret Mitchell 59). Margaret met Berrien Kinard Upshaw and wedded him in 1922. Some state there is a likeness in characters between Rhett Butler and Berrien (Margaret (Munnerlyn) 1). He was an alluring and sentimental man and yet savage and unsteady. There marriage kept going scarcely three months, anyway they couldn't get a separation until 1924. Marga... <!
Tuesday, August 18, 2020
The Genesis
The Genesis Inspired by the Fresh Prince of Bel-Air Theme Song Now this is the story all about how My life got flipped turned upside down And Iâd like to take a minute just sit right there Iâll tell you how I became the Assistant Director for Minority Recruitment at MITâ¦..which is in Kendall Square (I know, I knowâ¦.give me a break, my title is long and Iâm not a rapper) In Piscataway New Jersey born and raised In the backyard is where I spent most of my days Chillinâ out maxinâ taking life real slow Just playing Whiffle ball with my little bro When I finished 12th grade and finally understood I had to get out of my neighborhood I got into one little school and my folks were real proud I told them I was moving to Atlanta to attend Morehouse The first degree was fun so I did it again So I earned a masterâs at UMD and now Iâm a Terrapin If anything, I can say that this experience was rare But I learned a whole lot and I have more knowledge to share I walked up to MIT on July 7th, 2008 Made sure my shoes were shiny and my tie was straight Looked at my office, I was finally there To sit at my desk as the Assistant Director for Minority Recruitment (I told you that Iâm an admissions counselor, not a rapper) Check 1, Check 2â¦..Is this thing on? Hello blogosphere! So, now that you have read the abridged Fresh Prince inspired version of my autobiography, allow me to reintroduce myself and give you a slightly less abridged version of my story. My name is Quinton McArthur and I am the Assistant Director for Minority Recruitment. I work in the MIT Office of Admissions and I am a graduate of the University of Maryland, College Park for a masterâs degree, Morehouse College for a bachelorâs degree, Piscataway High School for my high school diploma, and Theodore Schor Middle School for fun (We had a ceremony, but no degree). After I finished Morehouse, I landed a really sweet job working in college admissions at Rowan University in my home state of New Jersey. I worked for RU for three years and I realized that I wanted to learn more about higher education and the field of college admissions. So I packed my bags and headed to College Park, Maryland where I worked with college access organizations, educational policy organizations, and research teams while completing a masterâs degree at the University of Maryland. Shortly after I finished my degree, I returned to college admissions in a full time capacity. Over the course of my career, I have worked with many different types of students (urban kids from Los Angeles, rural kids from West Virginia, affluent kids from Bethesda, and kids of every type of background from New Jersey). I look forward to lending advice to all of you through your college application and search processes. This blog will pay particular attention to issues of concern that are most typically associated with Black, Latino/a, and Native American students. Does this mean that students of other backgrounds canât participate in this forum? Absolutely not! I welcome all students to the table to learn more about MIT and participate in the conversation. With that said, away we goâ¦.
Sunday, May 24, 2020
Colonialism And Its Impact On Africa - 1206 Words
Colonialism is the establishment of the political and economic control of one state over another state. This establishment had one of the biggest impacts on Africa. This experience of colonialism began to take effect between the 1400s and 1800s. It started when the Europeans arrived to Africa and set up trading posts. In the late 1800s and early 1900s the increase of European power took over most of the continent. The legacy of the colonial experience will influence the history of the continent. Mid 1700s to the late 1880s the Europeans increased their involvement in Africa. The reason was the resistance against slave trade. The British founded a colony of freed slaves in Sierra Leone in 1787. Thirty years later, Americans established freed slaves and their descendants to live in Liberia. Many Europeans tried to bring Christianity to Africa as an effort to diminish slavery. Missionaries traveled to Africa, seeking Africans to spread their Western culture. By the late 1800s Africans became adapted by the elements of European civilization. The continentââ¬â¢s rich resources impressed the missionaries and they aimed to exploit. To achieve this goal, they attempted to overpower the African people and force them to accept their foreign rule. In the late 1800s, they were able to divide up the continent amongst themselves, without the permission from the African people. Europeans expanded Africa by trade. Christian missionaries were a disruptive force against the African society. InShow MoreRelatedThe Economic And Economic Impacts Of European Colonialism In Africa780 Words à |à 4 Pagesthe coasts of Africa. These forts and colonies began to nibble at the continent bit by bit; within thirty years, almost the entire continent had been claimed by colonial powers. Since there was a rise in nationalism among European countries, Africa provided these colonizers with their own market to produce raw materials and goods that would be used to benefit Europeââ¬â¢s Industrial Revolution. And so, with the increasing need for raw materials and a new market the ââ¬ËScramble for Africaââ¬â¢ brought politicalRead MoreThe Geographic, Political, and Ethnic Impact European Colonialism Has Played on the Present History of Africa 1486 Words à |à 6 Pagesfailures in Africa can be traced back to the advent of colonialism. There is a great deal of evidence that illustrates the impact that colonialism and foreign intervention has had a negative effect on the development of present history of Africa. This essay will attempt to examine the geographic, political and ethnic impact European colonialism has played on the development of the African, and how these contributions have put Africa on its current trajectory. Initial European interest in Africa appearedRead MoreAfrican Perspectives On Colonialism By Adu Boahen1138 Words à |à 5 PagesHistory 108 Section G 4/23/15 ââ¬Å"African Perspectives on Colonialismâ⬠is a book written by A. Adu Boahen. This book classifies the African responses to European colonialism in the 19th century. Boahen begins with the status of Africa in the last quarter of the 19th century and follows through the first years of African independence. This book deals with a twenty year time period between 1880 and 1900. Boahen talks about when Africa was seized and occupied by the Imperial Powers of Europe. EurocentricRead MoreInfluential Colonisation And Its Impact On Contemporary Africa1507 Words à |à 7 PagesOutlined by this quote, that although in terms of times colonialism is a small section of African history, it has left an imprint throughout the continent. This essay will look at how influential colonisation is in contemporary Africa, there are two main groups of scholars who argue how influential colonialism was in Africa the first is outlined by Gann and Duigan and they hold the view that the colo nial era was ââ¬Ëthe most decisive for the future of Africaââ¬â¢. The alternative school of thought is held by BritishRead MoreAbstract. The Research Examines The Social, Economic And1704 Words à |à 7 Pagespolitical effect of colonialism in West Africa. A critical view of the activities carried in the study to explain the social, economic and political effect of colonialism, and a qualitative of the growth rate of the West Africa countries were examined. The study therefore concludes that colonialism greatly had an impact in the growth of the countries in the selected West Africa countries. 1.0 Introduction Our research study will focus more on the effect of colonialism in Western part Africa by examiningRead MoreColonization Of The Colonial System1473 Words à |à 6 Pagescountry, occupying it with settlers, and exploiting it economically. Between 1870 and 1900, Africa faced European imperialist aggression, diplomatic pressure, military invasion and eventual conquest and colonization and at the same time African societies put up various forms of resistance against the attempt to colonize their countries and impose foreign domination. However, by the early twentieth century, all Africa except Liberia and Ethiopia was seized and occupied by the European imperial powers ofRead MoreImapct of Colonialism on Africa889 Words à |à 4 PagesIMPACT OF COLONIALISM ON AFRICA In this view of the circumstances that existed during history in regards to colonial Africa. I venture to examine how colonialism is viewed, introducing you to a variety of texts which expose you to different views and debates about what Africa may well have been like today, had the colonization never taken place. The African resistance to colonialism put another perspective on the colonization of Africa by the Europeans and the Western influence Africa faced.Read MoreEffects Of Colonial Policies And Practices Essay1735 Words à |à 7 Pages122-1201 November 20th, 2016 The detrimental impact of colonial policies and practices on ââ¬Å"colonialâ⬠and post-colonial Africa. In spite of their independence, African nations continue to face serious economic, social, and military challenges. I claim colonialism served as a significant force that had a detrimental impact on African society, economics, and politics. The Oxford dictionary defines colonialism as the ââ¬Å"policy or practice of acquiring full or partial politicalRead MoreThe African Historiography Of Africa Essay1420 Words à |à 6 PagesThe historiography of Africa has been a complex matter from the start such that it took some time for some historians to acknowledge that Africa even had a history, when they would much rather believe that Africa was a timeless state with little to no past. This thinking was the result of history only being considered a written account of past events, and since Africans did not develop a widespread form of writing their history the general belief was that African historiography has no place in theRead MorePositive Effects of Colonialism1322 Words à |à 6 PagesINTRODUCTION Colonialism is a system in which a state claims sovereignty over territory and people outside its own boundaries; or a system of rule which assumes the right of one people to impose their will upon another. During the nineteenth and twentieth centuries, rich, powerful states, including Britain and other European countries, owned third world colonies. ââ¬ËThird worldââ¬â¢ originally referred to countries that did not belong to the democratic, industrialized countries of the West (the First
Wednesday, May 13, 2020
A Code Of Ethics Responsibility And Accountability...
A code of ethics highlights the responsibility and accountability standards of each and every employee within the organization. These codes are also motivating factors that guide the employeesââ¬â¢ behavior, set the standard regarding ethical conduct, and build an organizations trustworthiness within their surroundings (McShane Gilnow, 2012). The role of ethics in organizational behavior can negatively or positively impact an entire healthcare entity. If employees are educated on the importance of practicing ethically at all times, and the organization as a whole operates unethically displayed values of an organization are then in question. Before employees can begin to practice ethically the organizational foundation of a standard must be rooted. Every individual regardless of position should be held accountable for their actions. Healthcare organizations are very influential and play an active role within the community. The decisions of a healthcare organization can easily sway the communityââ¬â¢s perspective and damage developed relationships. The community is the heart of any healthcare organization. Consumers come from within the community, and if they seek elsewhere a healthcare organization can falter. Employees may feel better connected to an organization that values and appreciates their consumers and surrounding community. Ethical Principles: Everyday within the healthcare environment ethical issues arise often without warning. Any member within the healthcareShow MoreRelatedCompany Code of Ethics Essay827 Words à |à 4 PagesCompany Code of Ethics The Company code of ethics will cover all employees within our organization. The Code of ethics is essential for corporations today to remain in business and abide by their federal and state government regulations. Ethical training programs will exist ever corporation and are given to each employee usually the first day of employment and renewed on the annual basics. An ethical conflict occurs when people will encounter situations that they cannot easily control or resolvedRead MoreHippocratic Oath And The Engineering Code Of Ethics1034 Words à |à 5 PagesHippocratic Oath and the Engineering Code of Ethics The Hippocratic Oath and Engineering code of ethics have both been regarded as the standard for medical and engineering professionals to conduct themselves morally, and professionally to assure that the decisions and activities made are guided by certain principles and values. (Hendon and French, 2016) Both the Hippocratic Oath and Engineering code of ethics emphasize the importance of the duties and responsibilities of professionals in regards to theRead MoreThe Ethical Dilemma of a Police Officer Essay1333 Words à |à 6 PagesThe Ethical Dilemma of a Police Officer Professions are guided by codes of ethics to aid them in performance of their duties and to ensure maintenance of high standards of conduct. Police officers are faced with a maze of obligations in the performance of their official duties. The ââ¬Å"Law Enforcement Code of Ethicsâ⬠and ââ¬Å"Canons of Police Ethicsâ⬠were created to make explicit the conduct considered appropriate for police officers and to guide them in the performance of their duties. Although policeRead MoreThe Role Of The Nmc And The Code Of Practice919 Words à |à 4 Pagesand maintaining standard care within the UK. Establishing and maintaining standard rules and regulation and legislations which are there to safeguard people. In order to do that, the author will discuss how the MNC seeks to safeguarding the patients specifically restricting discussing on mental health by regulating mental health nursing. Key terminologies such as regulation and Mental Health Nursing, confidentiality, advocacy, per son centered care, fitness to practice, accountability and whistleblowingRead MoreEthics and Accountability in the Philippine Public Service: Role of Citizens, Public Officials, Private Sector and Civil Society1180 Words à |à 5 Pagesââ¬Å"Ethics and Accountability in the Philippine Public Service: Role of Citizens, Public Officials, Private Sector and Civil Society In my previous paper, I mentioned that values are as important in our government system as the other functions and political processes are. Unit VI discussed how crucial and vital ethics and accountability is in our government. It also talks about the significance of our own moral code, seeing that public ethics are part of the overall value system, and is cultureRead MoreEthics and Accountability in the Philippine Public Service: Role of Citizens, Public Officials, Private Sector and Civil Society1172 Words à |à 5 Pagesââ¬Å"Ethics and Accountability in the Philippine Public Service: Role of Citizens, Public Officials, Private Sector and Civil Society In my previous paper, I mentioned that values are as important in our government system as the other functions and political processes are. Unit VI discussed how crucial and vital ethics and accountability is in our government. It also talks about the significance of our own moral code, seeing that public ethics are part of the overall value system, and is cultureRead MoreBusiness Ethics : An Organization s Long Term Success And Stability854 Words à |à 4 PagesBusiness Ethics is the application of principles and values organizations utilize to govern their activities and decisions. The ethical philosophy an organization adopts, to conduct business can affect their reputation, productivity, and bottom line. Implementing and abiding by a code of ethics is integral to an organizationââ¬â¢s long term success and stability (Kelchner). Business ethics originates back to Plato and Aristotle, when their political discussions of justice formed the basic notion ofRead MoreAn Analysis of the Invesco Corporate Ethics Statement and Corporate Social Responsibility Statement1149 Words à |à 5 PagesAnalysis Of The Invesco Corporate Ethics Statement And Corporate Social Responsibility Statement Introduction Invesco (NYSE: IVZ) is one of the worlds leading global investment companies with a diversified portfolio of institutional, retail and high net-work clients that form the foundation of their business model. As of the close of their latest fiscal financial reporting period of March 31, 2013, Invesco has $729.3B in assets under management (AUM), earning an adjusted operating income ofRead MoreBusiness Code of Ethics Essay1591 Words à |à 7 PagesBusiness Code of Ethics Every organization should have a code of ethics in place as a guide for their business to follow. The code of ethics should address the major components that are important to the particular business needs. The Society of Professional Journalists has a code of ethics that guide journalists toward the proper reporting methods and protocol which is meant to ensure that fact based journalism is the result passed on to the community. The code of ethics consists of four majorRead MoreCode Of Ethics : Nursing Values And Ethical Responsibilities1602 Words à |à 7 PagesI. CODE OF ETHICS IN NURSING There are seven primary fundamental values in the code of ethics for registered Nurses These values are entitled as ââ¬Å"Nursing values and Ethical Responsibilities.â⬠(Centennial Edition, 2008) ï ¶ Nursing Values and Ethical Responsibilities 1) Providing Care Nurses should be able to provide safe, skilled and proficient, solicitous care to the patients. The relation between the nurse and the patient. 2) Promoting Health and Well-Being Nurses should be enable to work with
Wednesday, May 6, 2020
Personal Leadership Free Essays
There are as many leadership philosophies as people and rightly so. Each person is unique in their own ways with specific personality traits and aptitudes which make them who they are. While some people are more naturally inclined towards leadership than others, the majority of leaders are developed through the continued honing of their leadership skills. We will write a custom essay sample on Personal Leadership or any similar topic only for you Order Now Along their leadership Journeys people acquire various skills and paradigms allowing them to extend and apply themselves beyond their own natural abilities. While people cannot change their genetic makeup, they an take specific action and make certain decisions to help them be an effective leader. In this paper I will discuss three leadership concepts (personal integrity, transforming leadership, and encouraging and enabling others) which convey my leadership philosophy. Finally, I will illustrate how the adaptation of these three concepts would help a person lead their organization more effectively. PERSONAL INTEGRITY There are many leaders and managers in our world who are given titles, yet fail to lead, guide, or unite their constituents because they fail to model their expectations. In The Leadership Challenge, Kouzes and Posner (2002) begin a discussion of modeling by saying ââ¬Å"Titles are granted, but itââ¬â¢s your behavior that wins you respectâ⬠(p. 14). While salaries and titles may have some personal value toa leader, they mean little to their subordinates and may even be a target for criticism for some if a leader lacks integrity. As a leader, it is critical to model the way and move forth with servant leadership. Servant leadership is different from the traditional power- based leadership in many ways. Robert Greenleaf (2005) defines and identifies the oals of servant leadership by saying this: ââ¬Å"The difference manifests itself in the care taken by the servant-first to make sure that other peopleââ¬â¢s highest priority needs are being served. The best test, and difficult to administer, is: Do those served grow as persons? Do they, while being served, become healthier, wiser, freer, more autonomous, more likely themselves to become servants? And, what is the effect on the least privileged in society? Will they benefit or at least not be further deprived? â⬠(p. 25) The focus of servant leaders is on the raising up and growth of constituents through modeling. Rather than assigning a task and expected a result, servant leaders will come alongside constituents teaching them the way to accomplish the task and at the same time instilling the values of servanthood and modeling in them. effective leadership and greater rapport amongst constituents. Yukl (2006, p. 210) writes that ââ¬Å"Integrity is a primary determinant of interpersonal trust. Unless one is perceived to be trustworthy, it is difficult to retain the loyalty of the followers or to obtain cooperation and support from peers and superiors. â⬠Without the support and eamwork of constituents, a leader will fail to meet the set goals. The Center for Creative Leadership found that the absence of integrity directly correlated with the failure of leaders and vice versa (p. 211). For a leader to develop integrity amongst their constituents, they must be deemed honest, trustworthy, loyal, and uphold confidentiality. The development of a leaderââ¬â¢s integrity requires time, energy, and patience invested in their workers through modeling and servant leadership. John J. Gardiner summarizes this competently in saying ââ¬Å"integrity comes from sublimating our egos nd giving ourselves entirely to lifeâ⬠(Spears, 1998, p. 1 19). TRANSFORMING LEADERSHIP Many different paradigms of leadership exist and are useful tools for leading groups of people to success, but transforming leadership offers an excellent overarching view and structure for leaders to use when working with people of different values and persuasions. James MacGregor Burns says the transforming leader ââ¬Å"looks for potential motives in the followers, seeks to satisfy higher needs, and engages the full person of the follower,ââ¬â¢ which results in ââ¬Ëa relationship of mutual stimulation and levationââ¬â¢ for both leader and followerâ⬠(Carey, 2008, p. 7). By having insights into the constituentsââ¬â¢ attitude towards the organization, the transforming leader can develop personalized strategies to help workers move closer accomplishing both the goals of the organizations and their personal aspirations. In the second module, the five frames of reference were described illustrating the disruption causes by self-embeddedeness. Being stuck in a single frame of reference can become a problem for a worker when required to work with those stuck in other frames of reference. When the partial truths contained in one of the individual the frames are confused with the whole Truth, then whatever value there is in the frameââ¬â¢s outlook becomes distortedâ⬠Carey, 2008, p. 2). When a leader operates solely within a single frame of reference, their distortions impact the goals and workers of the organization. Transforming leaders move from their original frame of reference towards a ââ¬Å"fundamental option for self-transcendenceâ⬠which ââ¬Å"pulls the individual toward the logos and, therefore, in the direction of either transactional or transforming leadershipâ⬠(Carey, 2008, p. ). While transactional leadership is sometimes necessary to accomplish intermediate goals and simple tasks, the conversion of workers to leaders through transforming leadership will be more likely to accomplish long-term success for both the organization and its constituents. I have never encountered a person who has claimed they have received too much encouragement. I have also never met anyone that has single-handedly made their organization successful. In other words, leaders need to be surrounded with people united in purpose for their organization to be successful. One of the best ways to align constituents with your vision and goals is through forming relationships through encouragement. ââ¬Å"Giving encouragement requires us to get close to people and show that we careâ⬠¦ tââ¬â¢s more likely to accomplish something other forms (of feedback) cannot: strengthening trust between leaders and constituentsâ⬠(Kouzes and Posner, 2002, p. 321). Futhermore, Freire (2000) describes the benefits of an encouraged and enabled group of workers when he writes: ââ¬Å"This adherence coincides with the trust the people begin to place in themselves nd in the revolutionary leaders, as the former perceive the dedication and authenticity of the later. The trust of the people in the leaders reflects the confidence of the leaders in the people. â⬠( p. 150) Encouraging and enabling constituents is ongoing task that requires a continual commitment of transforming leaders. However, the satisfaction and success that comes with leading an encouraged team of workers enabled to do their Job well is unparallel and critical to the overall success of organizations.â⬠Leadership is not an affair of the head. Leadership is an affair of the heartâ⬠(Kouzes and Posner, 2002, p. 99) It is with those words that The Leadership Challenge concludes and we are reminded that transforming leadership all begins with the heart and integrity of the leader. However, character and integrity are not enough as transforming leaders are required to not only understand various frames of reference, but also pull constituents towards the logos enabling them to operate outside their natural frame of references and in the process become transforming lea ders themselves. When leading with integrity, a transforming leader who encourages and enables positions themselves, their constituents, and their organization for success. How to cite Personal Leadership, Papers
Tuesday, May 5, 2020
Business Economics Avoid Deflation
Question: Describe about the Business Economics for Avoid Deflation. Answer: Part 1: Introduction The rate at which the general level of prices for commodities and services increases along with the decrease in the purchasing power of currency is termed as inflation. The rate of inflation is mainly restricted by the Central banks in order to avoid deflation. Inflation is mainly defined as a sustained rise in the general level of prices for commodities as well as services. It can also be measured as a yearly percentage increase. When inflation takes place, the value of dollar does not stay steady. Government spending or government expenditure on the other hand comprises of all the government consumption as well as investment. The attainment of goods and services by the government leads to future benefits (Bresciani-Turroni 2013). According to the Keynesian view, the government requires to spend in order to accomplish stability in the financial system as well as to stimulate output and investment. According to the Neo-Classical economists, the increase in the expenditure of the government in the form of intervention will result to high rate of inflation given the full-employment assumption. In most of the countries fiscal policies are faced with various problems that are related to complexities in tax collection, institutional insufficiency as well as problems related to foreign capita that in turn leads to inflation. As a result, government expenditures in addition to the collision on manufacture can have an impact on inflation (Godin 2014). Part 2: Analysis Inflation is the most deceitful and premeditated policy of the government when it does not wish to reduce the expenditure. In order to cover what is expends in surplus of its income the government creates new money. When the government starts printing new money it leads to increase in money supply. This in turn leads to increase in money supply and as a result, money supply rises faster as compared to real output. If money supply is increased by 4 percent, the aggregate demand also increases by 4 percent. The increase in money supply helps to get unemployed resources used in the general economy. When more it expended than is raised by taxes, the government with fiat money makes up the difference. The unwillingness of the government to reduce its expenditure mainly leads to increase in inflation. The individuals do not have to pay supplementary taxes when government prints more money. Through monetary degradation, the government acquires wealth from the individuals and spends it. Acco rding to the Keynesian view, the government also spends to ensure constancy of the economy that will motivate productivity through direct public spending as well as investment (Olivera 2014). Figure 1: Increase in government spending leads to increase in aggregate demand (Source: Created by Author) The graph shows that an increase in government spending leads to increase in aggregate demand. As a result, the aggregate demand increases from AD to AD1 towards the right. This in turn will lead to increase in income and a fall in unemployment. The increase in aggregate demand leads to demand-pull inflation. This in turn leads to increased pressure on scarce resources. Inflation starts with government expansion of the money supply that instantly generates benefits for some individuals. Government spending mainly takes place when the government tries to reallocate income between the rich and the poor. Various hypothetical and empirical researches mainly focus on the relationship between inflation and government spending (Mian and Sufi 2012). It has been found that there is a positive relation between inflation and the size of government. Inflation is mainly considered as a social evil as it diminishes the costs of the public sector. With the increase in government expenditure, the budget situation of the economy deteriorates. However, the real value of government spending decreases with the increase in inflation. The increase in government spending will lead to increase in budget deficit. Government expenditure is also inflationary in nature and as a result, a 10 percent increase in government expenditure leads to 1 percent increase in prices (Oto Peralas and Romero vila 2013). Figure 2: Increase in Aggregate Demand (Source: Created by Author) The graph shows that expansionary fiscal policy leads to diminishing of unemployment. As a result, government spending is increased that will shift the AD curve to the right and leading to increasing real GDP. Although, government spending leads to increasing GDP in the economy it also leads to increase in inflation (Hannsgen 2014). Part 3: Conclusion It can be concluded that inflation mainly misrepresents the calculation in the economy that leads to error in trade. The increase in the expenditure of the government in the form of intervention will result to high rate of inflation given the full-employment assumption. The expansion of money supply by the government leads to inflation. It has also been concluded that the unwillingness of the government to reduce its expenditure mainly leads to increase in inflation. The reallocation of income between the rich and the poor also leads to Government spending. The increase in government spending leads to inflation that disfigures prices and leads to changes in the pattern of production. It has been concluded that government expenditures in addition to the collision on manufacture can have an impact on inflation. However, though the increase in government expenditure leads to higher GDP however; it will also lead to increase in budget deficit. The arbitrary reserve requirements on banks are the only way that will restrict the supply of money. If the government expenditure is reduced, it will lead to reduction in inflation. References Bresciani-Turroni, C., 2013.The Economics of Inflation: A study of currency depreciation in post-war Germany, 1914-1923. Routledge. Godin, A., 2014. Marc Lavoie, Post-Keynesian Economics: New Foundations. Chapter 5. Effective Demand and Employment.Revue de la rgulation. Capitalisme, institutions, pouvoirs, (16). Hannsgen, G., 2014. Fiscal Policy, Chartal Money, Markà ¢Ã¢â ¬Ã up Dynamics and Unemployment Insurance in a Model of Growth and Distribution.Metroeconomica,65(3), pp.487-523. Mian, A.R. and Sufi, A., 2012.What explains high unemployment? The aggregate demand channel(No. w17830). National Bureau of Economic Research. Olivera, J.H., 2014. Money, prices and fiscal lags: a note on the dynamics of inflation.PSL Quarterly Review,20(82). Otoà ¢Ã¢â ¬Ã Peralas, D. and Romeroà ¢Ã¢â ¬Ã vila, D., 2013. Tracing the link between government size and growth: the role of public sector quality.Kyklos,66(2), pp.229-255.
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