National Income Determination Assignment Example | Topics and Well Written Essays - 250 words

National Income Determination - Assignment Example One economist argued that confidence in economic agents could at times be considered as a social capital (Godley, 2009). Therefore, an increase in confidence of economic agents should always affect the macroeconomic variables positively. Consumer confidence – a higher confidence by the consumers will always facilitate them to spend more. Interest rates – it always influence cost of borrowing and mortgage interest payments. Higher interest rates will automatically increase cost of spending on mortgages. Availability of market – the increase in population constantly increases the demand for products that are specifically supporting the modern technology. Investors therefore identify such opportunities and utilize them effectively. Consumer and investor trend reports will automatically affect my spending. This is because i will spend focusing on factors that may hinder my satisfaction as a consumer. I will therefore appropriately plan with the amount of money I have at hand. GDP refers to the measure of total value of all goods produced and services provided in a country during a specific time, which is always one year. For an item to be included in the GDP, it has to be something that is produced within the borders of a country, should not be used to produce other goods and it should be legal. The exclusion therefore does not make GDP less

Eng lit Essay Example | Topics and Well Written Essays - 2000 words

Eng lit - Essay Example Victorian era, Rudyard Kipling’s â€Å"Man Who Would be King† from the later Victorian era and George Orwell’s 1984 written in the period known simply as the 20th century. Beginning with William Blake’s short poem â€Å"London†, written in 1794 and included in his collection entitled Songs of Experience, traces of political unrest can be found as the scenes and sounds of a walk down the London streets are reported. The first hints that something is not right within the city can be found in the first lines of the poem, â€Å"A mark in every face I meet, / Marks of weakness, marks of woe† (3-4). These comments wouldn’t necessarily suggest a poor political situation, except that the signs of decay and desperation are seen in every face encountered as the speaker walks down what is presumed to be an average London street. This is reinforced in the second stanza as the speaker says, â€Å"In every cry of every man, / In every infant’s cry of fear, / In every voice, in every ban, / The mind-forged manacles I hear† (4-8). In this, it is apparent that someone is controlling these people, although it remains unclear if the ‘mind-forged manacles’ are of their own creation or someone else’s. However, because of the inclusion of infants, who cannot possibly be imposing harsh times on themselves as well as the mention of bans, which are posted laws, it is indicated that the hardships being experienced are imposed from a higher source, such as the government. This is again reinforced in the third stanza when the speaker indicates that the decay of the city has reached even as far as the churches: â€Å"How the chimney-sweepers cry / Every blackening church appals† (9-10) and the city’s defenses as â€Å"the hapless soldier[‘s]† sigh is made visible as it â€Å"runs in blood down palace-walls† (12). Throughout the poem, then, although no specific mention is made of issues affecting the people, the affects are nevertheless made clear. Something is not working