Interest Rates Affects on the Is-Lm Model Essay Example for Free

Interest Rates Affects on the Is-Lm Model Essay Assignment 4 5. According to the IS-LM model, what happens to the interest rate, income, consumption and invest under the following circumstances. a. The central bank increases money supply. An increase in the money supple shifts the LM curve downward. The equilibrium moves from point A to point B. Income rises from Y1 to Y2 and the interest rate falls from r1 to r2. Therefore this increase in money supply causes a decrease in interest rate, an increase in income, an increase in consumption and an increase in investment. LM Income, output, Y b. Government increases government purchases An increase in government purchases result in a shift in the IS curve to the right. The equilibrium moves from point A to point B. Income rises from Y1 to Y2 and interest rate rises from r1 to r2. This increase in government purchases therefore causes interest rate to rise and income also rises. Consumption will also increase but the increase in government purchases will cause investment to decrease. interest rate, r LM IS2 IS1 Income, output, Y c. The government increases taxes. An increase in taxes shifts the IS curve to the left. The equilibrium moves from point A to point B. Income falls from Y1 to Y2 and the interest rate from r ¬1 to r 2. Therefore increase in taxes will bring about a decrease in interest rate, cause income to also decrease which will decrease consumption also but will result in an increase in investment. interest rate, r LM IS1 IS2 Income, output, Y d. The government increase government purchases and taxes equally 6. Consider the following economy of Hicksonia. a. The consumption function is given by C= 200 + 0. 75 (Y T) The investment function is I= 200-25r Government purchases and taxes are both 100.

Spearfisherman :: Fishing Sports Papers

Spearfisherman As a student in the scuba certification class here at State, I have been taught that if you would like to keep all of your limbs, it is best to keep your hands to yourself under the water. This means that if I saw a 52 pound fish, I probably would not try to stab it with a spear, or play a game of cat and mouse. So what makes a spearfisherman? How does one go about spending their recreational time chasing after fish as big as them? Since the 1940’s, spearfishing, the art of hunting prey without a line, in its own environment, has been a popular sporting activity. How do you learn to spearfish? You must first decide what type of a fisherperson you would like to be. Would you want to hunt with scuba equipment making it easier to dive to greater depths? Or would you like to stay close to the surface without the heavy gear? There are two types of spear fishermen, the people that are freedivers, who dive without the gear, and people that require an air supply, otherwise known as scuba method. The freedive has very little equipment; a mask, optional snorkel, fins, and the speargun of your choice. It is the simplest form of spearfishing, and yet it is said to be the most challenging (Allen Patrick 6). A diver must hold his breath on the surface, â€Å"pike dive† and descend, while trying to clear his ears and equalize pressure(6). The ears must also be cleared with the scuba method, so this is no t only for freedivers. The scuba method, much more gear intensive, first and foremost requires that you have a recreational diving license. Diving by in itself requires skill and education, so it is advisable for a aspiring spearfisherman to obtain a diving license before heading down to the local speargun shop. You must have a mask that properly fits their face, fins, an air cylinder with a regulator that makes it possible to breath, the appropriate weight belt to decrease and increase buoyancy, along with the buoyancy compensator, that holds you cylinder in place (Patrick 11-13). Now that you are in the water and have your gear, you need a weapon.

Comparing and Contrasting “The Necklace” and “The Gift of the Magi” Essay

The main character in The Necklace’s, and the main character in The Gift of the Magi’s, personalities differ from one another vastly. In The Necklace, the main character Mathilde Loisel is an ungrateful middle class woman who seeks riches and admiration. Alternatively, the main character in The Gift of the Magi, Della Young, is compassionate and works very hard to buy her husband a present, and ultimately, selling the one thing that was more precious to her than anything else, her hair. Mathilde is selfish, and when her friend, Madame Foreister is sympathetic enough to let her borrow her jewelry, Mathilde asks rudely, â€Å"Haven’t you anything else?† (Maupassant,  ¶39). In contrast, Della is very appreciative when she receives a hairpin, and is very unselfish when giving away her hair to buy a present for her husband. Mathilde and Della are also both remotely poor. In the beginning of The Necklace, Mathilde and her husband were pretty well off, not too rich, and very simple. But at the end of the story, they are dirt poor, having spent 10 years paying debts. On the other hand, Della started out fairly poor, only being able to gather $1.87 for a Christmas present, but enjoyed life all the same. These two women are also unlike one another because of how they treat their husbands. When thinking about what to get her husband Jim, Della thought, â€Å"Something fine and rare and sterling–something just a little bit near to being worthy of the honor of being owned by Jim.† (Henry,  ¶6) This quote shows how much Della loves her husband, and how she thinks it is the best thing in the world to be his, and to be married to him. Meanwhile, instead of feeling like her husband â€Å"won† her heart, Mathilde feels like she settled for him. She shows these feelings for her husband when O. Henry writes â€Å"†¦and she let herself be married off to a little clerk in the Ministry of Education.† (Maupassant,  ¶1). Madame Loisel also does not show gratitude towards her husband when he acquired the tickets to the party, and when he spent all that money buying her a dress when he really could have bought something for himself. On the other hand, Mrs. Young is very flattered when her husband buys her a present, even one that she has no use for. Both The Necklace’s, and The Gift of the Magi’s, endings are ironic. In The Necklace, Mathilde and her husband spend most of their young life paying off a huge debt because of a diamond necklace that she had lost. 10 years later, she ran into the friend from whom she borrowed the necklace from, and found out that the necklace they thought was thirty-six thousand francs was only five hundred. The Gift of the Magi ended in a more comical irony than The Necklace’s cynical irony. Della had cut her long, lushes hair to buy Jim a chain for his pocket watch, and Jim sold his prized pocket watch to buy Della a lavish pin for her hair. The Young couple didn’t mind that they both bought something the other one no longer needed, they were just happy to have each other. People are confronted with choices every day, and in The Necklace by Guy De Maupassant and The Gift of the Magi, by O. Henry, the main characters make subconscious choices to act selfish, or to act grateful.

“Ghost’s During the Elizabethan Era” - 2807 Words

At around ten o’clock at night, a young girl was laying in bed when all of a sudden someone started rubbing her cheek. She looked around and no one was there. Was this her imagination, or was someone there? Ghosts always make their presence known, just like the Ghost in the tragedy Hamlet written by William Shakespeare. Throughout the character of the Ghost of Hamlet’s father, Shakespeare portrays many Elizabethan beliefs on ghosts. Shakespeare creates the question: is the ghost good or bad? Many people have their own opinion on this question, but in this writer’s opinion, the Ghost of Hamlet’s father is a good ghost because throughout the tragedy the Ghost of Hamlet’s father never physically hurts anyone, instead he persuades Hamlet†¦show more content†¦In other words, when ghosts would confront their loved ones, they would stay on track as to why they were there and would not get distracted from the main reason for their visit. As a result, many humans, especially loved ones, know the real reason the ghost has decided to visit. This belief relates to the play because the Ghost of Hamlet’s father decides to visit Denmark and makes everyone question his visitation. Clark states that ghosts appear to â€Å"obtain revenge†, although this appears to be true as to the reason Hamlet’s father’s Ghost appears, it is not the actual reason. The Ghost is there to ask Hamlet to â€Å"revenge his foul and most unnatural murder† (Shakespeare 57). In other words, the Ghost is not there to seek revenge physically, but to have Hamlet seek revenge on Claudius for killing him. The Ghost makes his visitation to specifically ask Hamlet to seek revenge on his murderer; however, he does not force Hamlet to seek revenge. Since the ghost does not force Hamlet to seek revenge he appears to the audience that he is a good ghost because he does not hurt anyone and does not appear violet. Therefore, because the Ghost has not been physical this situation allows the audience to become aware that he is a good ghost. The third Elizabethan belief in ghosts was that people were believed to be hallucinating if they believe they had seen a ghost. â€Å"Persons affected by mania or melancholy are most commonly subject to receive false imaginationsShow MoreRelatedThe Ghost Is a Useful Dramatic Device; Essay1444 Words   |  6 PagesDuring the Elizabethan period, a ghost was seen as a common feature in most tragedy plays. Shakespeares Hamlet is a prime example of the use of a `ghost to entice fear and apprehension amongst the Elizabethan audience. The ghost can be seen as projecting several functions throughout the play, all of which are vital to the plays ultimate impact. An Elizabethan audience were highly superstitious, held Roman Catholic beliefs of purgatory and were extremely fearful of afterlife and the uncertaintyRead MoreThe Success Of The Conjuring Trick1722 Words   |  7 Pagesevilof the plotter, the victim’s circumstance, and the convincing evidences. Elizabethan age was the period when the tragedy of Hamlet occurred. Although, Elizabethan era was a Golden Age in English history, people in this periodstrongly believed in superstition which was concentrated in witches and witchcrafts. Patrick Collinson in Elizabethan Essayssays that â€Å"†¦it has been clear that an adequate account of Elizabethan religion must include the beliefs and practices associated with witchcraft, andRead MoreDeception in Hamlet1546 Words   |  7 PagesHoratio joins Francisco, Bernardo, and Marcellus on the evening watch. Horatio scoffs at their stories of the ghosts appearance, Tush, tush, twill not appear (1.1.35). 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Kyds transformation of Senecan traditions of revenge tragedy in The Spanish Tragedy, provided the main principles for the popular Elizabethan Revenge Tragedy, and thus gave ShakespeareRead MoreWilliam Shakespeare s Hamlet - Morality And Religion1442 Words   |  6 Pagessin. In the play â€Å"Hamlet,† Shakespeare examines the role of suicide in morality and religion providing a new perception into how they affect each other, and how both belief guide characters motives. The play was written during a significant time in England, the Elizabethan era was filled with the clashing of monarchs on religion. The tension between Catholicism and Protestantism caused discord amongst the royal families. This discord caused strife amongst the people leading to hard times and violenceRead MoreMadness versus Reality in Hamlet1550 Words   |  6 Pagesnor is he fully convinced by the demands of the ghost as he decides to first probe in to the intentions of Claudius by acting as a foul and mad person and later on by re-enacting the murder of his father using a play in front of Claudius and others. During the play Claudius acts like a man with guilty conscious and Hamlet decides to take revenge and kill him. After failed attempts the ghost comes to Hamlet full of anger and disgust as Claudius is still alive. By this time Hamlet is convinced but mistakenlyRead MoreTo Believe Or To Believe: No Question About It: An Analysis of Hamlets Fatal Flaw1236 Words   |  5 P agesgood Christian by asserting that â€Å"I do not set my life at a pin’s fee,/ And for my soul, what can it do that,/ Being a thing immortal as itself?/ It waves me forth again. I’ll follow it† ( I. iv. 65-68). His friends are still very skeptical of the ghost’s intentions and only back off when Hamlet threatens them with â€Å"By heaven, I’ll make a ghost of him that let me.†(I.iv.85) Immediately after, Marcellus utters his famous line: â€Å"Something is rotten in the state of Denmark†(I.iv. 90). At this time periodRead MoreEssay about The Nature of Evil in William Shakespeares Hamlet1953 Words   |  8 PagesMissing Hamlet is a Shakespearean revenge tragedy, which was a strong, and entertaining form of drama popular in the Elizabethan era during which Shakespeare (1562-1616) lived. Hamlet, like many of Shakespeares plays has been inspired by another famous tragedy, in this case, The Spanish Tragedy, a revenge play written by Thomas Kyd. The great political turbulence