...2 The three activities affect each entity different, looking at how purchasing groceries would affect the government only if there was some sort of inflation going on. Then the government would raise taxes on goods in which will raise the prices of goods. As for households it can affect them in a negative way or a positive way. If we look at buying groceries in today’s economy it rather difficult because the price of goods are going up, but wages are staying the same. So, when it comes to a household of maybe 6 or 7 it would difficult to feed them because the take home pay is so low. The business aspect of buying groceries, the business will always succeed because people need and have to eat. So, if the economy is bad the grocery industry will not see a decline because people have to eat. Even when wages are low and the prices of goods are high people still have to buy groceries to survive. Massive layoff of employees will affect a household in a tremendous way; it would put the household in a very bad situation. If the people in the household does not have a means of steady income coming in it will affect them in a very negative way. Massive layoff of employees affecting the government would actually be low and not cause that much damage. Majority of the time it is the government...
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...Making small decisions each day can result in big-time fat loss. Below are dozens of simple ways to lose weight. Start with one -- today! -- and watch the weight begin to melt away. Trust me, this is going to be easier than you think. 1. Have a clear goal. It should be one that anyone in the world can measure and understand. 2. Drink tea. Research suggests that those who drink tea -- black, green, or white, as long as it’s from real tea versus herbal tea -- have lower BMIs and less body fat than those who don’t consume tea. 3. Eat cayenne pepper. A study published in the British Journal of Nutrition showed that when compared to placebo, capsaicin -- the active ingredient in cayenne -- increased fat burning. 4. Decrease/eliminate processed carbs. They do nothing for you outside of creating a favorable environment for gaining fat. 5. Eat more veggies. They fill you up, without providing many calories. Just avoid the high-calorie dressings. 6. Eat more fruit. No one ever gained weight from eating more fruit. And that includes the so-called “high sugar” fruits like bananas and melons. 7. Lift weights. Heavy weights. Build more muscle, burn more calories. 8. Cut down rest time between...
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...ch Paul Wielgus ECO 212 Money: Functions and Characteristics Momoh Dudu July 18th, 2014 Money is something we all use every day and something we all need to survive. Money also provides us with our needs and wants. Our needs being food, water, shelter, transportation and wants being things like TVs, boats, big houses or what some people may call material possessions. Money has three basic functions in our economy today unit of account which is where money takes the place of having to have something of equal value to barter for you would pay a set common price for the good or service. Next we have a medium of exchange which is where people work and get paid and income or go to the store and spend money on groceries. Money is our medium of exchange in today’s world. Finally we have store of value which is basically saving your money that you earn for future use. Humans would save money like a squirrel saves nuts for the winter it is the same concept a squirrel would not gather a bunch of nuts and then eat them all the same day, as a human would try not to spend their entire paycheck every time they get paid. I use money in all three of these functions, unit of account, is how much I pay for supplies for my business it is the same every time. Medium of exchange is I get paid to perform a service I then take that money and pay bills for my household or buy food for us to eat. Store of value, I try to save as much money as possible for my children’s future...
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...ethics of the company. Yelp is an American multinational corporation headquartered in San Francisco, California. It develops, hosts and markets Yelp.com and the Yelp mobile app, which publish crowd source reviews about local businesses.” While watching the video attached to the article I see that people use yelp for everything to finding a restaurant to eat but also to find places to shop in my opinion it seems pretty interesting to use. In this article yelp has basically threated companies to pay them in order to get reviews to bring customers but if business would refuse then a business would get a lot of bad reviews and lose customers and mess their business up and business are saying that the situations is like blackmailing them out of money. They have filtered reviews which means that they personally edit reviews which give them opportunity to blackmail the business pay them in order to keep the customers coming when they don’t have to. Some evidence I found about communication to the public would be when yelp decided to use the filtered reviews that gets to the public because of the fact that people use yelp to find places to eat and shop and when a place has a bad review then people don’t shop there because it’s on a website that people would believe is reliable. It was very effective for some restaurants because some refused to pay because of the fact because yelp is free and it’s a crowd source review restaurant which means that they are people’s opinions and it was authentic...
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...Coaches push their athletes to the max to be the greatest and to win them a championship. Coaches may not care about their player’s education because their players are allowed to miss up to a quarter of all class days during their spring semester. Sometimes coaches will cheat the system to assist certain players because they know if they do not make the grades or get into any sort of trouble outside the field, their star athletes will not be able to play in the Big Games. This is an important fact because some of the mishaps players get themselves into come from their lack of having money to do certain things. Critics do not like how some athletes are getting greedy by asking to get paid because most of players received scholarships up to $25,000 per year for a full division 1 school. So they wonder why they should get paid on top of that. Athletes tend to think they are making their school a lot of money by broadcasting them nationally on television, going to the game physically (game tickets,...
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...Kenneth Bernville Mrs. Sparks DRE 098 RD4 7 November 2014 The crisis in America Spending more money than people can afford is a common problem when easy credit is available. Most people when spending money sometimes don’t think whether it is a want or need. The problem in America today is that so many people take money for granted because it is an easy access knowing it should be used for important things in everyday living. Overspending is caused by too much shopping, vacationing, and holidays. Some people become habitual shoppers. On a regular basis flyers are sent to most homes advertising sales of all types. Clothes, shoes, furniture, groceries, and more are repeatedly luring consumers into buying more and more. Some people will take their last bit of money and go shopping, buying things that are not important, and neglect their monthly bills. Over shoppers go Strolling through the mall, or shopping online spending hundreds of dollars, stores with nothing particular in mind, simply looking for great bargains and things that happen to think that the money was well spent. Some people have an obsession with cars and buying unnecessary parts and accessories like window tinting, rims, and expensive paint jobs that can cause people to go into debt. In addition a person can go put 2,000 dollar rims on a car and the car is not worth that much. Vacation is a time of ultimate pleasure. Families come together to relax, spend quality time together, and just enjoy themselves...
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...heard of the old saying “Money is the root of all evil,” but have you ever sat down and really thought about it? Do we realize just how much money controls our lives? Here’s some questions: Why do people rob others? Why has prostitution been a job since the beginning of time? Why do most companies focus on quantity over quality? Why are many people unable to get an advanced education, or some even a basic education? While there is more than one answer for each, the overall general reason is money. To begin with, I will take us back to nearly the beginning of human time. While it’s impossible to know for sure, it is widely thought that the barter system has been around for as long has humans have. Say I had a cow, but I needed more farming equipment. I would go around offering my cow to others that had the tools I was looking for. However I had to be lucky to find someone who thought a single cow was worth the tools I was asking for, so many times negotiations were made. This could be anything from adding on a couple chickens or pigs, to helping someone hunt a mammoth. The barter system, while effective for the time, was slow and eventually became difficult not to get ripped off. That’s when currency came into the world. A random object like a shell, cocoa beans, or even rocks were given a predetermined value that was accepted throughout a community or society. Eventually they moved to making a specific object like coins. Then banks started making paper money, which could be used...
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...your coffee shop for over a year. I lived in a tiny apartment across the street and the coffee shop very convenience for me. I come during the day to get my cup coffee and donut and during evening I come by to study and eat some healthy snack such as your delicious snack bars and smoothie. I love coming to your coffee shop. The feeling of the atmosphere is grooving and always exciting making sometimes hard to focus on school work. The only thing that is missing its having a printer in the store. The coffee store will make more profit by adding a printer. It will bring in more new customer from the neighborhood. People would be able to print and buy coffee and snacks. This will increase sells and the printer and accessories will pay by it selves without putting money from the store. However without having in store printer I will have to go to a distance to be able to print. Sometimes I have to walk 5 blocks to ABC coffee shop or to take the bus to the school library. I have to buy my coffee and printing somewhere else. This can cause the coffee shop to lose clients and money to another coffee shop whom might have this types of convenience to its customer. I urge you to think and consider my request for the neighborhood coffee shop, so my time and money can be spent in your store. Sincerely, Francis Smith Your local...
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...and in the future, to support the economy as it recovers from a recession. Future Social Security and Medicare users face uncertainty and possible poverty as current negative cash-flow eats away at the integrity of future Social Security and Medicare. The effects of a high unemployment rate create a ripple effect that certainly will reach into the economy of coming years. Gross Domestic Product is affected as international trade and deficit fluctuate with the country’s interest rates, inflation, and dollar buying power. Even University of Phoenix students see the effect of these economic aspects in their tuition. Although these are not the only issues of concern in the current economy, these serious issues are affected by the deficit, surplus, and debt of the nation. According to experts, the taxpayers eventually will pay the costs of today’s deficit tomorrow. To finance last year’s trade gap, Americans had to borrow $503 billion in international markets. Foreigners will buy billions of dollars’ worth of United States corporate mortgages, and government bonds. They lend Americans the money needed to import more from the rest of the world (Ackerman, 2004). The additional expense is the burden of the American taxpayer. Meanwhile, inflation occurs and prices increase. This causes the value of money to decrease and people do not have as much purchasing power as they did before (Carty, 2010). Despite this, the federal debt is still growing, and according to some experts, each household...
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...the food items for the first game, Julia would not have to use any of the money that she makes to buy ingredients for the next game. She could still use the cash that she has on hand to buy ingredients for the next game. Next, if Julia were to borrow some more money from a friend before the first game to purchase more ingredients, she could increase her profit. Julia should borrow $138.40, so that she can make an additional profit of $207.60. An allowable increase in the ‘budget’ constrains her from borrowing more money than this. Because the shadow price for the budget constraint is 1.50 and the allowable increase is 138.40, the budget can go up to 1638.40 and the profit would increase by 1.50 for every dollar that is added to the budget. Also, Julia should hire a friend of hers to help her for $100 per game. It would be physically difficult and probably too much for her to prepare all of the hot dogs and BBQs before the game and during half time. If she borrows the extra $138.40, she can use a portion of this money to pay her friend without losing out on any money. Lastly, although Julia is basing her analysis on the assumption that everything will go as she plans, there are uncertain factors in the model that could go wrong and adversely affect Julia’s analysis. Some of the uncertain factors in the model are weather and whether or not the people attending the game like or will want to eat pizza, hot dogs and BBQs. The weather may be clear one game and...
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...notebooks and pencils. This cost is normally higher during the beginning of the school year and goes down as the school year progresses. Food- This consists of the food I must purchase each day in order to eat my daily meals. I normally eat two meals a day and they are almost always cooked at home. I occasionally eat at the Cafeteria at school so this cost can be variable. Non-food essentials- This consists of any item I use daily as well. Such as shampoo, body wash, face wash, deodorant, toothpaste, shaving cream etc. I use these items everyday and this cost is fixed. Non-food refreshments- This consists of anything I consume that is not a food. Entertainment- This consists of items or services that are purchased for entertainment such as going to the movies or a museum etc. This is done on a fairly consistent basis from week to week. Clothing- Clothing is more of an occasional cost. I normally go out and purchase clothing a few times a year for each season and occasionally will purchase single items throughout the year. Car Expense- This consists of my expenses that go towards my car on a regular basis such as gas and oil changes. This excludes emergency type expenses such as extensive vehicle damage or issues. Charity- This consists of money donated to charity each week. Subscriptions- This consists of my monthly subscriptions. The subsciption is to Netflix and is a monthly cost of $8. Rent- This consists of a fixed cost each month that I must...
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...of tuition. The NCAA (National Collegiate Athletic Association) is set to make “$797 million for the 2012-2013 athletic seasons”(5), mostly from basketball and football deals. All division-1 athletes are set to make absolutely zero dollars this year. The problem? All of the money generated to the NCAA comes from these student-athletes performing on the athletic field. These student athletes are receiving zero compensation for their work, yet more important officials that are higher ranking than these students are making millions off them. It is also critical to add that although these athletes are on some type of scholarship, but not all college payments are covered by the scholarship. A student athlete is able to take loans and grants just like every other student, however why should they have to do that when they are involved in a multi-million dollar business in the NCAA? Former Wake Forest point guard Gary Clark told author William Ford that ‘At a lot of schools, players come from underprivileged families…some folks don’t have enough cash to get something to eat when the school cafeteria is closed.’(4) Major Division 1 athletes should get some sort of compensation for all the money they are generating to help solve this problem. Another policy that you could implement should be that schools should offer more student loans and grants for their students. If students find out...
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...business has an ethical responsibility to give back to society. Shareholders are making high six figures salaries for watching the workers work and maybe sometimes in a blue moon improving the work flow. But for the people who actually have to spend more than 9 hours at a job a day for five or more days a week, putting their bodies and health on the line should be getting paid more than $9.50/hour. A family of four cannot successfully live off an income of $25,000 a year, unless they honestly have no bill which is highly unlikely. I believe a business who makes millions and have the extra money should praise their workers with that extra dollar or two raise. I also think that to help motivate people and to give back having things such as a once a year or even up to 3 times a year cookout is giving back. This will give the workers a place to eat for free or even pay a certain price for the family to eat free. It will give coworkers a break from only meeting up to work and everyone will be able to meet and get to know each other. A business that has given raises to their employees would be Brazos County. The juvenile officers have received an almost $1.30 raise and the jail officers have received an almost $2.00 raise. They also give back by hosting holiday events for staff and their families. They give back to the community by doing Christmas floats and having their officers volunteer to hand out candy in their uniforms. The last business that I will talk about is Reynolds & Reynolds...
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...will not have to take out as many loans which will result in less money having to be owed in the long run. The second step is to explore options to pay for school. This is where the paperwork starts, in this step you will fill out your FAFSA information and finally start applying for loans, grants, scholarships, and other things of that nature. Make sure that when filling out any information you fill it out as accurate as possible to avoid any mistakes. Now as said in step one, apply for as many grants, and scholarships as possible. This will reduce the amount of loans you take out and greatly trim back your borrowed amounts. How I see it, loans are the last thing that I want as far as paying for college. They are very helpful, but, you end up paying for more in the long run. The third step is to review your financial plan. Now that you actually have a plan, you will have a pretty good idea of what it is going to cost you to go to school. There may be a time or two when you get into a sticky situation as far as paying for school. When those loan payments come you need to make it priority to pay those off on time, because just like any other bill, the longer you take to pay it off, the more money you end up paying. Now I am in no way a financial expert, but some tips to make your student loan payment more manageable would be to cut back on anything that is not needed. What I mean by that is, don’t go out to eat as much, cut back on...
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...life. This movie started out talking about how America is in a retirement crisis, and half of Americans do not have enough money to save for retirement, also one third of people have almost no retirement savings at all. People who are in late adulthood are finding themselves having to work longer than they had originally anticipated, due to the fact that they did not have a retirement account set up or because they had not put enough money into their retirement account while they were working. Also, another problem that is faced with living on a retirement plan is that, your retirement is a set income; the money that you get...
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