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U.S. Budget Deficit - Good Or Bad?

... The Government, for instance, generated deficits during the War of 1812, the recession of 1837, the Civil War, the depression of the 1890s, and World War I. However, as soon as the war ended the deficit would be eliminated and the economy which was much larger than the amounted debt would quickly absorb it. The last time the budget ran a surplus was in 1969 during Nixon’s presidency. Budget deficits have grown larger and more frequent in the last half-century. In the 1980s they soared to record levels. The Government cut income tax rates, ...

Number of words: 1533 | Number of pages: 6

Economic Theories Of Harsanyi, Nash, Selten, Fogel, And North

... was precisely half a century after John Von Neumann and Osar Morgenstern launched the field with the publication of "The Theory of Games and Economic Behavior." "John F. Nash of Princeton University(a American economists), John C. Harsanyi of the University of California at Berkeley(a Hungarian economist), and Reinhard Selten of the Rheinische Friedrich- Wilhelms-Universitat in Bonn(a German economists), shared the award, and the $930,000 cash award for their achievements in economics." The trios accomplishment portrayed the significance of ...

Number of words: 1404 | Number of pages: 6

The Creation Of NAFTA

... member nations establish a free trade area, and impose a uniform tariff structure for trade with nonmember nations. This is used so that the countries involved in NAFTA can still trade with other countries around the world. Next, a common market maintains a customs union and seeks to bring all trade rules into agreement. Finally, in a free trade area participants agree to trade among themselves without tariffs or trade restrictions. This free trade area is the most important goal that NAFTA is trying to acheive. Since its creation in 199 ...

Number of words: 321 | Number of pages: 2

Corporate Culture : The Key To Understanding Work Organisations

... of its position within the market. McDonald's is an example of such an organisation. You could walk in to a McDonald's restaurant in London, Tokyo or Moscow and expect to see staff dressed in the same uniform serving the same food from within restaurants that look remarkably similar. There are no risks to be taken here and rarely a snap decision to be made and certainly not by the staff. Contrast this with a small organisation, thirsty for success in an emergent market such as Steve Job's Apple Computers in the early eighties. Here ...

Number of words: 1448 | Number of pages: 6

Management's Achievement Claims Perspective

... believe that by adding strength to the world's strongest brand, it will help people make Coke a more frequent choice for those 64 ounces. The part of this Annual Report that I personally wanted to attack was the lack of sales in Canada and Coca-Cola's goals in improving them. Being native of Canada and a big Coke fan, I know that Coke has struggled in my homeland for several years. M. Douglas Ivester answered my concern by stating that Coke allowed the retail prices of their products to out pace their value in the eyes of our consume ...

Number of words: 642 | Number of pages: 3

From Welfare To Workfare

... boots. When Mike Harris was campaigning for the Progressive conservative party in 1994 he promised a "common sense revolution". This mixed with the huge unpopularity of Bob Ray's policies, made him a favourite for the upcoming election. With this new "common sense revolution", came Ontario Works, or workfare. (a program designed to help recipients find their cheques) The workfare topic was a huge issue to voters, and will effect not only the thousands of Ontario welfare recipients but every Ontarioan in one way or another. When the elect ...

Number of words: 2425 | Number of pages: 9

Corporate Average Fuel Economy

... resource expenditure before the year 2000. With Corporate Average Fuel Economy in place the market failures should be partially alleviated and pressures due to restricted international resources should subside. The regulated fuel efficiency should allow the market to resume its national flow and regain stability without further manipulation. Reliance on imported fuels would be minimized because of the a) decreased demand for fuel consumption and b) lowered fuel demand allowed for domestic producers to meet the basic needs of the p ...

Number of words: 647 | Number of pages: 3

Essay About Cooper Industries

... of auto spark plugs, as a counter offer for the Dana Corp.'s $17.50-a-share bid. Also, in the mean time, Cooper Industries was considering a $700 million bid for Cameron Iron Works. Even though purchasing either or both companies will give operational and organizational advantages, there were high financial risks involved. Undertaking both acquisitions would result in a 55% to 60% debt to capitalization ratio. ANALYSIS: Cooper Industries acquired more than 60 manufacturing companies over a thirty year span in order to increase t ...

Number of words: 604 | Number of pages: 3

Web Advertising – Is It Really Worth It?

... by interactive marketing through the Internet focus mainly on how profitable market segments were identified and how these segments were reached. Interactivity allows the opportunity to track individual customer’s one at a time and to build individual relationships with each. The main challenge that does and will continue to plague advertisers in the future will be persuading the viewer to try the service or product. Interactivity has three core characteristics: I. Offers much more information than a television advertisement. II. Requi ...

Number of words: 1253 | Number of pages: 5

Monetary/Fiscal Policy

... is the Federal Reserve Board Chairman Alan Greenspan who can truly destroy our economy by a slight miscalculation. Greenspan is so influential that the mere speculation of his making a move can cause panic buying or selling in the open markets. Alan Greenspan has the power to increase or decrease the money supply by changing reserve requirements, by changing the discount rate, or by buying or selling U.S. Securities over the open market. The major governmental problem is trying to balance the budget. The United States government is curre ...

Number of words: 1455 | Number of pages: 6

Ways To Increase College Bookstore Sales

... surveys to college students and faculty, and conducted an independent observation to determine the college bookstore's weaknesses and strong points. From the data, I compared the bookstore to the competition and to the ideal bookstore vision that was collectively described by the students and faculty. MERCHANDIZE SELECTION My study shows that the College Bookstore has a definite issue in merchandise selection. Of those sureveyed, the individuals that chose the competition did so because they claimed that they had a better se ...

Number of words: 926 | Number of pages: 4

The Widening Of The Wealth Gaps

... is substantially larger than that of the average person in their community. Society encourages everyone to strive for power and wealth and as Cohen says, ”money in all its manifestations has always been the prime source of power”. Yet given the situation, not everyone attains it. A person status in society’s social ladder is determined by their wealth. In other woods, wealth determines the social class of a person. There are three social classes: the upper middles and lower class. The upper class consists of these whose income exc ...

Number of words: 1346 | Number of pages: 5

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