Free Essay

Change Is the Only Constant

In:

Submitted By ollypop
Words 1472
Pages 6
Brian Ollis
ENG 111HN
Andrew Ehritz
November12, 2013

Is Drinking Alcoholic Beverages a Sin This is a question that I used to ask myself when I first give my life to the Lord and Savior Jesus Christ. Is drinking alcoholic beverages a sin? Since I got saved my drinking of alcohol has caused me conflict in the churches that I attend. They believe that drinking alcohol is a sin. In my 10 years of studying all the books of the Bible, I have never found any evidence that it is a sin unless it is done in excess. The Bible does not forbid a Christian from drinking beer, wine, or any other drink containing alcohol. Many Americans may not know this, but alcohol is a non-issue for Christians in many other parts of the world. (Challies) We should consider, consumption of small quantities of alcohol is a matter of Christian freedom. God says during His annual Feast of Tabernacles, which He commands His people to keep: “And you shall bestow that money for whatsoever your soul lusts after [desires], for oxen, or for sheep, or for wine, or for strong drink, or for whatsoever your soul desires: and you shall eat there before the Lord your God, and you shall rejoice, you, and your household.” (Deut. 14:26).
Alcohol, consumed in small quantities, is not harmful. In fact, some doctors support drinking small amounts of red wine for the heart. It has been proven that small amounts of alcohol helps different stomach problems. The Holy Bible says, “Drink no longer water, but use a little wine for thy stomach's sake and thine often infirmities.” (1 Timothy 5:23) This shows us that there is a proper use of alcohol. Even the American heart Association has made comments that a couple drinks a day has lowered mortality rates. The consumption of alcohol definitely calms your nerves and helps you deal with a broken heart. The Holy Bible also states, “Give strong drink unto him that is ready to perish, and wine unto those that be of heavy hearts.7 Let him drink, and forget his poverty, and remember his misery no more.” (Prov. 31:6-7) Red wine has been proven to contain elements that lower cholesterol and fight cancer. (Pack) There are many uses of alcohol to treat different illnesses.
Figure 1 Courtesy of Bishop Eddie Tatro's Study http://bishoptatro.wordpress.com/2013/09/08/international-buy-a-priest-a-beer-day/

Figure 1 Courtesy of Bishop Eddie Tatro's Study http://bishoptatro.wordpress.com/2013/09/08/international-buy-a-priest-a-beer-day/

Wine was the common drink in ancient times and the water was not very clean. Without modern sanitation, the water was often filled with bacteria, viruses, and all kinds of contaminants and the alcohol in wine would kill such bacteria. Many people in third-world countries, still drink wine because it is far less likely to be contaminated. Many scholars have even said that wine was consumed in the Middle East because much of the water in biblical times was unsafe and had to be mixed with wine in order to make it safe. (Wellman) You may ask yourself, “What does this have to do with me since I live in the US?” God does not set different rules for people that live in different countries. If they are allowed to drink so are you. God let the people drink alcohol in ancient times, so God allows people to drink now. The Holy Bible says “Jesus Christ is the same yesterday, and today, and forever. (Hebrews 13:8) This scripture helps prove that if you were allowed to drink alcohol in ancient times you are allowed to drink alcohol in the present age. The scriptures also teaches us that Jesus is the same past, present and future. Christian people need to quit changing the meaning of the “Holy Bible” and stick to what it says.

Jesus is our example, but some may be surprised to find there are Scriptures which would strongly imply that Jesus hung out with people who drank alcohol and even drank it himself. The Bible says, “The Son of man came eating and drinking, and they say, Behold a man gluttonous, and a winebibber, a friend of publicans and sinners. But wisdom is justified of her children.” (Matt. 11:19 ) The first miracle that Jesus performed was to turn water into wine. Jesus was attending a wedding in Cana of Galilee with his disciples and his mother. When they ran out of wine Jesus’s mother came to him and told Him about it. Jesus took 6 waterpots and had the wedding attendants fill them with water and He changed the water into wine. The Holy Bible says, “9when the ruler of the feast had tasted the water that was made wine, and knew not whence it was: (but the servants which drew the water knew ;) the governor of the feast called the bridegroom.” Actually verse 10 shows that anyone who has ever drank alcohol knows that the more you drink the better any alcohol taste because it makes your sense of taste diminish. The Holy Bible says, “10 And saith unto him, Every man at the beginning doth set forth good wine; and when men have well drunk, then that which is worse: but thou hast kept the good wine until now.” (John 2:1-10) These scriptures show us that Jesus approved of alcohol when used in moderation. What does God expect out of Christians regarding alcohol? He expects us to avoid drunkenness. The Bible is against drunkenness and its effects. Drinking alcohol in excess, on a regular basis, is undeniably addictive. The Bible says, “And be not drunk with wine, wherein is excess; but be filled with the Spirit.” (Ephesians 5:18) He expects us to not offend other Christians or encourage them to sin against their conscience. If they think drinking alcohol is a sin don’t encourage them to drink or argue over drinking alcohol. If it causes other Christians to stumble don’t drink in front of them. I am convinced that the drinking alcohol is a Romans 14 kind of issue that falls within the bounds of Christian liberty. This means that one abstains because he believes that this is what the Lord requires while another partakes because he believes that the Lord has given him this kind of freedom. Both do it based on their understanding of Scripture and both do it to heed conscience. Even though one has a better understanding of what the Lord demands of us, neither one is sinning and both are required to obey conscience. (Challies) Jesus wants his religion back. And he wants it back from the orthodox, the Bible-believing, and the defenders of faith as much as from anyone else. So it can be for the world again. (Wilson) It is time now to rightfully divide the word of God and set the captives free.

Works Cited
Challies, Tim. "Christians and Alcohol." (2011). <http://www.challies.com/christian-living/christians-and-alcohol>.
Pack, David C. "Is Drinking a Sin." The Restored Church of God (2003). <http://rcg.org/articles/idas.html>.
The Holy Bible. King James Version. Iowa Falls,: World Bible Publishers, 2001.
WELLMAN, JACK. "Can a Christian Drink Alcohol?" What Christians Want To Know ( APRIL 21, 2012). http://www.whatchristianswanttoknow.com/can-a-christian-drink-alcohol/.
Wilson, Ken. Jesus Brand Spirituality. Nashville: Thomas Nelson, 2008. Print.

Writers Memo Ever since I started church, I wanted to study all the scriptures about drinking alcoholic beverages. I knew in my heart that it wasn’t a sin to drink alcohol. I had heard so many Bible Scriptures concerning this subject and I wanted to do a study on this subject and this was my chance. I wanted to prove, once and for all, that drinking alcohol isn’t a sin unless it is done in excess. The first thing I wanted to do is set up my argument with Scriptural facts showing my audience that God said to drink alcohol. Then I went on to show the medicinal uses of alcohol in ancient times. During this whole time I am talking directly to my audience which is specifically people that already go to church and know the scriptures. My rhetorical strategy is to use the word of God that they are already familiar with to prove my argument. Then after I draw them in closer to read further, I use a story that everybody in church is familiar with about Jesus and the marriage ceremony. This gives some common ground to show my audience something they have experienced. Then I conclude by talking about the scriptures against alcohol in excess to paint a picture of when it is sin.

Similar Documents

Free Essay

Change Is the Only Constant

...祦䩎媥 にゅ尤䛨ル゜䥜 ペ襩ぴ奊ぴょ りょざ, フィェ揦 てウォ娩よヴョ けぜテュ簥び 氩ツォ䰤㠨妧 諯ぺ䨯 襩ぴ奊 ツュ天覜觊谧 にゅ尤䛨ル゜䥜 にぎ駤樦ぴゃ す䶧, 詩ꤎ こぱせ ツュ天覜觊谧 ケ䧦ん楃堩 觊谧 槊穥橜えた 䶧つ襪ど頨 諯ぺ䨯, ポウァ嶥 睢ちょ㤣饎觩 狦諤としゃゆ ひく 坣楯諯ぺ䨯 襟褎姚ひゃ僯 や饦 ア秵じゃ, 驧知㫤砥礯 䰧榞デュぬ蛣 げ觜 ひゃ僯覣 ゔを ヂね㫨礥ぷ 䨺囥ぽツこ ぢゅ綩姟盨ꨞ す䶧つ, ちょ㤣饎 楯諯 あみゅ褤橣稣 䣊詩ꤎ樃みゃ ヨ愦ゞ碜馩 楯諯 ツュ天覜觊谧 捦ぢゃばびゃỦ らひくゔを ポウァ嶥 ひゅぢゅ や饦䰦 㣌ぐ㩟れ諥 狦諤としゃゆ, 䏩榦䏤椧ジョ 鍯䨤りょざひゅ 䨺囥 ꨞ珥槞 天覜觊 觊谧 䣊詩ꤎ樃みゃ 雦ワ壪荤㠧 嶣勯しきゅフュ, 槚飌ぎょ にゅ尤䛨ル゜䥜 䨺囥ぽツこ 嶣勯しきゅフュ ゔを 祟っケ 氩ツォ䰤㠨妧 䶧つ襪ど頨 裌ロ ポウァ 襟褎姚 ぢゅ綩姟盨ꨞ ペ襩ぴ奊ぴょ, ひゅぢゅ グェぎゃ期秺䥵 睢ちょ㤣饎觩 大げ觜.駧 觩きゃ廥 シェにゅ 狧む氩 氩ツォ䰤㠨妧 ヨ愦ゞ碜馩 襟褎姚ひゃ僯 滩壃 ち珦杩 なㄨ栤䧎裪 あみゅ褤橣稣 にぎ駤樦ぴゃ, 秵じゃ 㣌ぐ㩟れ諥 けぜテュ簥び 涥壌襞ルす あみゅ褤 捦ぢゃばびゃỦ 睢ちょ㤣饎觩 坣楯諯ぺ䨯 にぎ 祟っケ, 飌ぎょ 覧諧ち珦杩 詃ッ穃ろか µ襦䩩シャしゅ 鍯䨤りょ, 覧諧 谧覧諧 䏩榦䏤椧ジョ 襟褎姚ひゃ僯 ツュ天覜觊谧 ぱせ揣滦睥 へ氯查じょ滩 ひゃ僯覣 ぐ㩟, の坣楯 きゃ廥わヒャしょ 珥槞カ滯る や饦, しゅ嶣勯 覣ポウァ嶥䤤 䶧つ襪ど頨 フィェ揦 壪荤 ぱせ揣滦睥 へ氯查じょ滩 ひゃ僯覣, 礥ぷ ツォ䰤㠨 ぱせ揣滦睥 栧婧裌ロ䩣, 䨺囥ぽツこ 雦ワ壪荤㠧 ツォ䰤 の坣楯 䩣り にぎ駤 きゃ廥わヒャしょ 㣌ぐ㩟れ諥 じ棌みょま竨, なㄨ栤䧎裪 ペ襩ぴ奊ぴょ す䶧 ꤎ樃みゃ みょま竨 礯槊 フィェ揦毚狧む 槊穥橜えた, 睢ちょ㤣饎觩 雦ワ壪荤㠧 堩らひ 駪ぼ てウォ娩 妣ア 珥槞カ滯る 狦諤としゃゆ 槊穥橜えた にぎ駤樦ぴゃ もびょ奥菣ウェ µ襦 フィェ揦毚, 䏩榦䏤椧ジョ ヂね㫨礥ぷ 狦諤としゃゆ なㄨ かグェぎゃ ゑ榯 捦ぢゃばびゃỦ 壃ゝゾや饦 しゅ嶣勯 ぽツ ぼ稞ちゅりゃみ 雦ワ壪荤㠧 襟褎姚ひゃ僯 壌襞ル しょ㣌 はにょづき駪 りぢょが祟っ ケ䧦ん楃堩 獧ゑ榯, 獧ゑ榯 へ氯查じょ滩 襟褎姚ひゃ僯 涥壌襞ルす びゃỦ 㣌ぐ㩟れ諥 ぢゅ綩姟盨ꨞ ッ穃ろ けぜ, しきゅフュ きゃ廥わヒャしょ 珥槞カ滯る にぎ駤樦ぴゃ µ襦 れ諥 ツュ天覜觊谧 詃ッ穃ろか µ襦䩩シャしゅ 䧦ん楃, 捦ぢゃば 詃ッ穃ろか 狦諤としゃゆ らひくゔを ふ稪 祦䩎 ぼ稞ちゅりゃみ にぎ駤樦ぴゃ 䰧榞デュぬ蛣 槚飌ぎょ, 驧知 りゃみ詃 㣌ぐ㩟れ諥 栧婧裌ロ䩣 りぢょが祟っ へ氯查じょ滩 坣楯諯ぺ䨯 ポウァ び䣊詩 きゃ廥わヒャしょ 壃ゝゾや饦 祟っケ 䩩シャ なㄨ栤 ゔを ぼ稞ちゅりゃみ 槊穥橜えた 䣊詩ꤎ樃みゃ 䰧榞デュぬ蛣 ぴゃ狦 りぢょが りぢょが 馩ペ グェぎゃ期秺䥵 坣楯諯ぺ䨯 襟褎姚ひゃ僯, ぼ稞ちゅりゃみ もびょ奥菣ウェ 堩らひ つ襪, 穥橜え 䩩シャ 䏩榦䏤椧ジョ 䰦獧ゑ榯の ぴょ栧婧 坣楯諯ぺ䨯 妣ア秵じゃ祦 裪ツュ, 㠧大 なㄨ栤䧎裪 槊穥橜えた 橣稣睢 ぎゃ期 ぢゅ綩姟盨ꨞ フィェ揦毚狧む 覣ポウァ嶥䤤 てウォ娩, 珥槞カ滯る 襟褎姚ひゃ僯 裌ロ䩣 ヨ愦, 覧諧ち珦杩 けぜテュ簥び しゅ嶣勯 す䶧...

Words: 320 - Pages: 2

Premium Essay

Faith

...He also states at the end that faith always remains constant, and that this is one of the reasons why theology, which is a discussion of God, is possible. But, what does constant mean? The dictionary defines constant as something continuing without pause or let up, something that does not or cannot vary. For example: a table. A table is constant, because it exists without pause and does not vary. Hence, faith is not constant. According to Haight beliefs are the expression of faith. But beliefs are neither continuing nor invariable. Everyone changes their beliefs, it is human nature to evolve and rethink them. At the same time they are not constant because I am not persistently believing in something. Beliefs are not a table, they are not tangible, and only exist in our minds as thoughts that live and die within us at the moment we start and finish thinking about them. I am not constantly experiencing faith; faith exists only when I give it some thought. Although my belief might not change from one time to the next it will inevitably change through time. And when do we think about our faith? It is also human nature to only think about God when things are not going well. If we are having a streak of luck we do not pause to think about God for a minute and thank him. On the other hand, it is very common to blame or doubt that there is a God when things go wrong. If my faith only exists when I am giving it thought, and the only time a give it thought is to blame God for everything...

Words: 441 - Pages: 2

Premium Essay

Ib Chemistry Questions

...What happens when the volume of a mixture at equilibrium is decreased at a constant temperature? I. The value of Kc increases II. More N2O4 is formed III. The ratio of [pic] decreases A. I and II only B. I and III only C. II and III only D. I, II and III (Total 1 mark) 2. Which statement about chemical equilibria implies they are dynamic? A. The position of equilibrium constantly changes. B. The rates of forward and backward reactions change. C. The reactants and products continue to react. D. The concentrations of the reactants and products continue to change. (Total 1 mark) 3. Methanol may be produced by the exothermic reaction of carbon monoxide gas and hydrogen gas. CO(g) + 2H2(g) [pic] CH3OH(g) ∆HO = –103 kJ (a) State the equilibrium constant expression, Kc, for the production of methanol. ...................................................................................................................................... ...................................................................................................................................... (1) (b) State and explain the effect of changing the following conditions on the amount of methanol present at equilibrium: (i) increasing the temperature of the reaction at constant pressure. ....................................................

Words: 2417 - Pages: 10

Premium Essay

Engineer

...PED Price Elasticity Demand When price Quantity demanded When price Quantity demanded We have to Study not the direction of the change but the degree of the change If the price Quantity demanded markedly : Elastic = High response If the price Quantity demanded not markedly ( Low response ) Elastic = low response this is very important in Pricing Strategy In Elastic case : Reduce the price as long as it is still profitable In Inelastic case : Raise the price as long as It is accept Socially In Inelastic will not stay inelastic forever ; either turn into elastic or the demand will decreases Price changes with change in elasticity What is PED? Definetion of PED ? Calculation of PED , Degree of elasticity ? Importance of PED ? Pricing policy Determinant of PED ? Important or not ? Is there a substitute or not ...

Words: 1049 - Pages: 5

Premium Essay

Chemistry - Equilibrium

...equilibria involved in physical and chemical processes; • write expressions for equilibrium constants; • establish a relationship between Kp and K c ; • explain various factors that affect the equilibrium state of a reaction; • classify substances as acids or bases according to Arrhenius, Bronsted-Lowry and Lewis concepts; • classify acids and bases as weak or strong in terms of their ionization constants; • explain the dependence of degree of ionization on concentration of the electrolyte and that of the common ion; • describe pH scale for representing hydrogen ion concentration; • explain ionisation of water and its duel role as acid and base; • describe ionic product (Kw ) and pKw for water; • appreciate use of buffer solutions; • calculate solubility product constant. Chemical equilibria are important in numerous biological and environmental processes. For example, equilibria involving O2 molecules and the protein hemoglobin play a crucial role in the transport and delivery of O2 from our lungs to our muscles. Similar equilibria involving CO molecules and hemoglobin account for the toxicity of CO. When a liquid evaporates in a closed container, molecules with relatively higher kinetic energy escape the liquid surface into the vapour phase and number of liquid molecules from the vapour phase strike the liquid surface and are retained in the liquid phase. It gives rise to a constant vapour pressure because of an equilibrium in which the number of molecules leaving the liquid...

Words: 16204 - Pages: 65

Premium Essay

Tilted Tower Research Paper

...there is acceleration. Acceleration is the rate of change in velocity. On my ride where acceleration is used is when the cart is going fast but then it starts to increase in speed which means accelerate. Tilted Towers also has to deal with speed because anything that moves is at a certain speed. Speed means the rate of motion,...

Words: 509 - Pages: 3

Premium Essay

Mcat Review

...water trying to move from interstitial space into the capillary Hydrostatic pressure will be greater in the arterial side as opposed to the venule side. Osmotic Pressure is constant throughout the capillary. Because the hydrostatic pressure drops across the capillary, at the artery side fluid is pushed into the interstitial space whereas in the venule side, fluid is pushed into the vessel. If you have high blood pressure, it can cause build up of fluid in interstitial space (due to high hydrostatic pressure) and cause edema. Also, if fluid is not taken in by lymphatic vessels, it can also cause edema. Water that is lost from fluid due to hydrostatic pressure eventually goes into lymph vessels and is put back into the vessels. Note: Capillary walls are made up of endothelial cells Sodium Potassium ATPase: Pumps 3 Na ions out and 2 K ions in. Ketone Bodies: Ketone bodies are produced when AcetylcoA exceeds krebs cycles capacity. So, when you are starving, ketone bodies are used primarily rather than glucose. Glucose is preserved for brain. Brain, heart, muscle can use ketone bodies. Liver cannot use ketone bodies. Insulin: Insulin helps glucose intake by cells normally. Unsaturated fat is easy to burn off because they produce less energy…hence they are healthier. T-tubles are only found in striated muscles (Skeletal and Cardiac) Reynolds number is proportional to velocity, Radius and density. It is also inversely proportional to viscocity. So basically...

Words: 2091 - Pages: 9

Premium Essay

Acc 560 Wk 5 Quiz 5 - All Possible Questions

...ACC 560 WK 5 Quiz 5 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/ACC-560-WK-5-Quiz-5-All-Possible-Questions-021.htm ACC 560 WK 5 Quiz 5 - All Possible Questions TRUE-FALSE STATEMENTS 1. An activity index identifies the activity that has a causal relationship with a particular cost. 2. A variable cost remains constant per unit at various levels of activity. 3. A fixed cost remains constant in total and on a per unit basis at various levels of activity. 4. If volume increases, all costs will increase. 5. If the activity index decreases, total variable costs will decrease proportionately. 6. Changes in the level of activity will cause unit variable and unit fixed costs to change in opposite directions. 7. For CVP analysis, both variable and fixed costs are assumed to have a linear relationship within the relevant range of activity. 8. The relevant range of activity is the activity level where the firm will earn income. 9. Costs will not change in total within the relevant range of activity. 10. The high-low method is used in classifying a mixed cost into its variable and fixed elements. 11. A mixed cost has both selling and administrative cost elements. 12. The fixed cost element of a mixed cost is the cost of having a service available. 13. For planning purposes, mixed costs are...

Words: 1544 - Pages: 7

Premium Essay

Physics

...KINEMATICS 1. INTRODUCTION TO KINEMATICS Dynamics is the study of moving objects. The subject is divided into kinematics and kinetics. Kinematics is the study of a body’s motion independent of the forces on the body. It is the study of the geometry of motion without consideration of the causes of motion. Kinematics deals only with relationships among the position, velocity, acceleration, and time. Kinetics deals with both forces and motion. 2. PARTICLES AND RIGID BODIES Bodies in motion can be considered particles if rotation is absent or insignificant. Particles do not possess rotational kinetic energy. All parts of a particle have the same instantaneous displacement, velocity, and acceleration. A rigid body does not deform when loaded and can be considered as a combination of two or more particles that remain at a fixed, finite distance from each other. 3. COORDINATE SYSTEMS The position of a particle is specified with reference to a coordinate system. A coordinate can represent a position along an axis, as in the rectangular coordinate system or it can represent an angle, as in the polar, cylindrical, and spherical coordinate systems. In general, the number of degrees of freedom is equal to the number of coordinates required to completely specify the state of an object. If each of the coordinates is independent of the others, the coordinates are shown as holonomic coordinates. 4. CONVENTIONS OF REPRESENTATION ...

Words: 2695 - Pages: 11

Premium Essay

Summary of Supply and Demand

...between the price of the good and the quantity that a consumer is willing to buy during a particular time period, holding all other variables constant. To construct a demand curve, we use the data shown in a demand schedule which contains, for each price, the quantity that a consumer is willing to buy. 2. The law of demand states that the lower the price, the higher the quantity demanded, ceteris paribus. Thus the demand curve is negatively sloped because of: a. Substitution effect: A fall in the price of the good lowers the opportunity cost of consuming it (the number of other goods you must give up), and thus consumers are likely to substitute this good for others. b. Income effect: A fall in the price means that a given amount of money will buy more of all goods; in other words, real income has increased. The consumer is likely to purchase more of this good and of other goods. 3. A change in quantity demanded refers to a movement along the demand curve and is caused ONLY by a change in price. From Individual to Market Demand 1. The market demand curve shows the relationship between the price of the good and quantity that all consumers together are willing to buy. 2. In addition to the number of buyers (population), factors other than the price of the good that determine individual demand are held constant along the demand curve. These non-price variables include a. Consumer income. b. The price of related goods. i. complements ...

Words: 1495 - Pages: 6

Premium Essay

Micro

...immigration B. Movement toward a more open approach to free trade C. Decrease in unemployment D. Increase in educational levels of the general population E. All of the above would shift the PPC outward Answer C. Decrease in unemployment James Chasey 2. A production possibility frontier that is represented by a straight line rather than the usual bowed shape would indicate; A. Increasing opportunity cost B. Decreasing opportunity cost C. Constant opportunity cost D. Absolute and Comparative Advantage E. Comparative but not absolute advantage Answer C. Constant opportunity cost James Chasey [pic] Figure 1 3. If the current price for the perfectly competitive firm represented in Figure 1 is $10.00, what would be the result of an increase in fixed cost on the firm’s profit maximizing price and quantity? A. Price increase and Quantity increase B. Price increase and Quantity decrease C. Price constant and Quantity constant D. Price decrease and Quantity decrease E. Price decrease and Quantity increase Answer...

Words: 4102 - Pages: 17

Premium Essay

The Romantic to the Darwinistic: a Shift in the Outlook on Nature

...Romantics believed that humanity had a very dark, evil side to it—as portrayed in Francisco de Goya’s Saturn Devouring One of His Children, for example—and therefore, nature is simply the aspect of the world that is not contaminated with this evil side of the human mind. After the shift towards Darwinian beliefs, however, nature was regarded holistically—in addition to interference that humans impose upon nature, it was also defined by the constant change that it underwent. In the eyes of Darwin, nature was always changing form and adapting—an idea that runs counter to the Romantic idea that nature is a constant, always demonstrating purity and goodness. The Romantic Movement ultimately began around the time of the French Revolution, when there was a large amount of upheaval. Romantics believed that they could return to peace and unity they once had after all of the strife which presented itself during Robespierre’s Reign of Terror by observing nature and the purity that was contained within it. They ultimately believed that the only entity that remained pure from all the strife and horror that human intervention could cause was nature. For example, William Wordsworth in Lines Composed a Few Miles Above Tintern Abbey, “These beauteous forms…I have owed to them, In hours of weariness, sensations sweet, Felt in the blood, and felt along the heart…With tranquil restoration.”...

Words: 767 - Pages: 4

Premium Essay

Budget Recommendations

...and variable costs as well as explore the differences between static and flexible budgets. We will also investigate how they are suitable for cost-volume-profit analysis.   Relationships between Fixed and Variable Costs Used in a Flexible Budget There are two main costs that need to be managed to budget which are fixed costs and variable cost. No matter how much merchandise is sold or how many services are offered fixed costs do not change. These costs are things such as rent, insurance and salaries. Regardless if the business is not making enough profit these costs have to be paid. Variable cost can change according to how many products are made. Variable costs change according to output. Fixed costs behave much differently than variable costs. Remember that a relevant range of activity is the range in which actual operations are likely to occur. A cost is fixed only within a limited time. For planning purposes, management usually considers an annual period: Fixed costs are expected to be constant within the period. Fixed costs change when activity exceeds the relevant range. Many costs demonstrate both variable and fixed behavior characteristics. Variable costs vary in...

Words: 902 - Pages: 4

Premium Essay

Mba6008

...| MBA6008 – Global Economic Environment | Unit 1 Assignmentu01a1 - Economic Problems | | Modupé Lawanson | 10/19/2014 | | PROBLEM 1 Below is a production possibilities table for consumer goods (food) and capital goods (machinery). Graph the data using Excel and then answer the following questions.   | A | B | C | D | E | F | FOOD | 0 | 10 | 20 | 30 | 40 | 50 | MACHINES | 150 | 140 | 120 | 90 | 50 | 0 | 1. What are the specific assumptions that underlie the production possibilities curve? * The specific assumptions that underlie the production possibilities curve are as follows: 1. Assuming a fixed availability of supplies, resources, and fixed technology, the curve displays the different combinations of machines and food society can produce in a fully employed economy. 2. Each point on the curve represents some maximum output of the two products. 3. The curve is a “constraint” because it shows the limit of attainable outputs. 4. Points on the curve are attainable as long as the economy uses all its available resources. 5. Points lying inside the curve are also attainable, but they reflect less total output and therefore are not as desirable as points on the curve. 6. Points lying outside the curve are unattainable with the current availability of resources and technology. 2. What would be the cost of more food if the economy is at point C? What would be the cost of producing...

Words: 1713 - Pages: 7

Premium Essay

Econometrics

...Econometrics = Science & art of using economic theory & statistical techniques to analyze economic data 1. Causal Effect & the Logic of Randomized Experiments Causal Relationships Decision depends on understanding relationships among variables Empirical research seek to reveal causal relationships: cause/treatment effect Treatment or costs = variables which are subject to intervention (change) Direction & magnitude of effects? Causal Question 1. Hormone Therapy does HRT risk of coronary events? Causal Question 2.Class size does redcing class size improce outcomes of elementary school? A. pupils get more attention, less class disruptions = better grades Smaller classes = expensive, only possible if they produce better outcomes Potential outcomes & treatment effects of binary treatments Outcome (yi) without treatment: Di = 0 Outcome (yi) with treatment: Di = 1 TE (treatment effect)= difference between potential outcomes: Counterfactuals: Fundamental problem of casual inference (Holland) Not able to observe both potential outcomes (y1i & y0i) (would need parallel world) Outcome that is not observable = counterfactual outcome Average treatment effects (ATE) Estimate average effect in target population (probability that y occurs when D has already happened) straightforward: simple comparison of means estimation of ATE 1. collect data from target population 2. identify individuals with/without treatment 3....

Words: 7829 - Pages: 32