The Demand Of The Economy Essay - 701 Words

â€Å"The demand-pull means that demand in the economy is the key factor, which may be result of cheap borrowing or tax cuts† (Morrison, 2011, p. 85). The reduced interest rate has made cheaper borrowing possible. Just four years prior to 2005, in 2001 the lending interest rate in Nigeria was 23.4%. Over the next decade the lending rate slowly decreased to 16.5% in 2014. The decreased rate made it easier for consumers to increase their spending capabilities in lines of short-term credit. The lending rate has remained high, averaging 16.92% over the last ten years and is significantly lower than the 23.4% rate in 2001. As Morrison (2011, p. 85) points out, high inflation tends to force up interest rates, to enable investors to achieve a real return on investment. From 2008 to 2010 and again in 2012, the lending rate increased with the inflation rate. The graph indicates that after 2010, the GDP growth rate did decrease due to the high interest rates. Higher interest rates also make disposable consumer income decrease which lowers the domestic product demand. Even though the GDP per capita is increasing every year, the effects of price inflation compounded with higher interest rates than other competing markets have put the citizens in a severe state of poverty. According to (The World Factbook: Nigeria), Over 62% of the total population is below the poverty line. This is due to increased cost of living and increased interest rates on borrowing. The growth will soon slowShow MoreRelatedThe Effect Of Aggregate Demand On The Economy1048 Words   |  5 PagesAs supported by the minutes released from the November meeting of the Federal Open-market Committee, the economy continues to strengthen and looks as though it will remain healthy through the foreseeable future. The economy has returned to normalcy in terms of Consumer Price since the hurricanes hit Florida and Texas, as evidenced by the Consumer Price Index for All Urban Consumers: Gasoline(all types) which is portrayed in the graph below. The FOMC has also reported that inflation is projected toRead MoreSupply and Demand and Centrally Planned Economy Essay697 Words   |  3 Pages  incentive   | |   2.   | A bridge is an example of something that is usually provided as a _________.  public good    | |   3.   | To show how demand for a good will change at specific price points, economists use a ____.  Demand curve   | |   4.   | People will buy more of a good when its price falls and less when its price rises, according to the _______.  Ã‚  Ã‚  Ã‚  Ã‚     Law of demand   | |   5.   | The rate the Federal Reserve charges banks for loaning them money is the   _____________________.  Discount rate   | FillRead MoreIncreasing Economy With Growing Potential Automobiles Demand2006 Words   |  9 PagesThe continuously increasing economy with growing potential automobiles demand has made more attention be paid to China, while the other parts of the world seems to remain stagnant (Holweg et al., 2009). The Reportlinker website (2014) suggest that, two main reasons, growing replacement demand and rising affordability in lower-tier cities, might support the growing sales of auto vehicles in China. Luxury autos industry is expected to continue to contribute to economic growth in China. Middle classRead MoreEconomics Notes: Small and Open Economies, Growth, Aggregate Supply and Demand926 Words   |  4 Pagesinterest rate makes borrowing more expensive, the quantity of loanable funds demanded falls as the interest rate rises. The supply and demand for loanable funds depend on the real interest rate and not nominal. Increase in saving = shift the supply of loanable funds to the right = reduces the interest rate. (graphique page 181) Increase in investment = demand for loanable funds increase = interest rise. Incentive to increase investment = increase in quantity of loanable funds demanded When theRead MoreEnergy Supply, Its Demand and Security Issues for Developed and Emerging Economies2119 Words   |  9 PagesAvailable online at www.sciencedirect.com ScienceDirect Solar Energy 112 (2015) 68–77 www.elsevier.com/locate/solener Short-term reforecasting of power output from a 48 MWe solar PV plant Yinghao Chu, Bryan Urquhart, Seyyed M.I. Gohari, Hugo T.C. Pedro, Jan Kleissl, Carlos F.M. Coimbra ⇑ Department of Mechanical and Aerospace Engineering, Jacobs School of Engineering, Center for Renewable Resource Integration, University of California, San Diego, 9500 Gilman Drive, La Jolla, CA 92093Read MoreProducts, Services, and Prices in the Free Market Economy: Price Elasticity of Demand1040 Words   |  5 PagesThe company shines with its home delivery service. This paper will show how Domino s Pizza can increase or decrease its revenue by using price elasticity of demand and will discuss interpretations of elastic demand, inelastic demand and unit elasticity. Furthermore, this paper will show how determinants of price elasticity of demand affect decisions by analyzing substitutability and proportion of income and time. The determination of how to increase or decrease revenue is thoroughly investigatedRead MoreIs The Us Healthcare System Truly Reflective Of A Free Market Economy Driven By Supply And Demand?1763 Words   |  8 Pagespneumonia causing an increase in demand for certain antibiotics and medical care (supply) necessary to treat these ailments. If physicians and/or hospitals do not increase their supply, this will cause a shortage in medical care available meaning the price for care will increase. This is, at its very basic, an example of supply and demand. Introduction Is the US Healthcare system truly reflective of a free market economy driven by supply and demand? Initially, one would be inclinedRead MoreThe Impact of Rising Oil Prices on the South African Economy in Relation to the Demand and Supply of New Motor Vehicles1172 Words   |  5 Pages1 SUPPLY VS DEMAND 2 FINDINGS 6 PRIMARY FACTORS. 7 CONCLUSION. 7 REFERENCE. 9 THE IMPACT OF RISING OIL PRICES ON THE SOUTH AFRICAN ECONOMY IN RELATION TO THE DEMAND AND SUPPLY OF NEW MOTOR VEHICLES. INTRODUCTION A continual upward trend in the price of crude oil in recent years has led to increasing concerns about its economic implications, both abroad and in South Africa. This study looks at the rising oil prices and their impact on the South African economy within the frameworkRead MoreDiscuss the Extent to Which Economic Growth May Benefit an Economy. (18)794 Words   |  4 Pagesan economy. (18) Economic growth is an increase in the output that an economy produces over time, for the minimum of two consecutive quarters. Economic growth can benefit an economy in a number of ways. Firstly, higher average incomes, this allows consumers to enjoy more goods and services and enjoy better standards of living. This in turn could lead to the ‘Trickle Down’ effect, those who are the highest income earners spending their disposable income on goods and services in the economy, thoseRead MoreDifference Between Aggregate Demand And The Price Level1747 Words   |  7 Pages(3) A) What is Aggregate Demand? Aggregate demand is the total amount that all consumers, businesses, government agencies, and foreigners spend on final goods and services. Aggregate demand is represented by the aggregate-demand curve, and it describes the relationship between price levels and the quantity of output that firms are willing to provide. Aggregate demand is not a fixed number because it depends on the price level. The relationship between aggregate demand and the price level normally

Summary Of The Scarlet Letter - 1266 Words

The Power of Guilt At some point in life, everyone makes an unintelligent decision. Oftentimes, these decisions leave people feeling guilty and with nobody to blame but themselves. In the Puritan society presented in The Scarlet Letter, sin is not taken lightly. Sinners are publicly presented on the town scaffold and have to endure embarrassing gossip. Dimmesdale, a church minister, commits adultery with Hester Prynne, and she has a child. Dimmesdale does not confess his sin for several years after Hester is publicly shamed on the scaffold. Dimmesdale gets what he deserves because he chooses to commit the sin and brings the guilt upon himself. Dimmesdale’s guilt deteriorates his mental and physical health as seen by many events,†¦show more content†¦The shame Dimmesdale feels only gets stronger as time goes on. The text states, â€Å"‘Crime is for the iron-nerved’†(Hawthorne 134). At a certain point, it becomes too much for him to handle and he returns to the sc affold. His mental state of mind was unstable, therefore explaining why his behavior becomes so erratic. He screams in pain and thinks he sees Wilson, one of his fellow church elders. He also commonly has visions of Pearl and the scarlet letter. Hester and Pearl join Dimmesdale on the scaffold, united in sin and as a family for the first time. It represents a purgation of sin, however, it was not a true purgation because nobody is there to witness it. Dimmesdale refuses to join Hester and Pearl publicly, therefore neglecting another opportunity to release his body and soul from the guilt and shame that is physically and mentally killing him. Dimmesdale is a minister in a Puritan society. This means that he should be free of sin and respect marriage rights. However, Dimmesdale is the opposite. He is looked up to by many people in society and they all think that he is a saintly man. As a holy man, Dimmesdale knows that he is corrupting the church, making whatever guilt that was already present even more prominent within his thoughts. He is now responsible for corrupting the religious experience and beliefs of all of the townspeople attending the church, not only his own. He knows that he will also be responsible for theShow MoreRelatedSummary Of The Scarlet Letter 1633 Words   |  7 PagesMahanoor Khan AP English, Block 5 Mrs. Schuet 26 September 2014 1. Title and Author: The Scarlet Letter by Nathaniel Hawthorn 2. Summary: A women named Hester, one of the protagonists in the novel, has committed adultery, and has a child. The townspeople believe that her punishment should be to wear the letter A on her clothing so she and the town can remember her sin. Her daughter name is Pearl. Hester will not reveal with whom she had the affair with. The reverend named Dimmesdale is the fatherRead MoreSummary Of The Scarlet Letter 1337 Words   |  6 PagesHokstad ENG 3UC 17 May 2016 Nature of Good and Evil in The Scarlet Letter There is a nature of good and evil in every person. Whether a person tries to push away the evil and be as good as they can be or let the evil consume their well- being. The nature of good and evil can be seen on a day to day basis in the way people act towards others, the crimes they have committed or the lies they do or do not tell. In the book, The Scarlet Letter, by Nathaniel Hawthorne, there is a recurring theme of theRead MoreSummary Of The Scarlet Letter 1436 Words   |  6 PagesThe Scarlet Letter Journal 1 I empathize most with Reverend Dimmesdale. He had to live with the secret of his sin for many years. He also was a reverend and had to preach about sins every Sunday and so was reminded constantly of what he did. In fact he felt so guilty about receiving no punishment while Hester was cursed with the letter that he â€Å"inflicted a hideous torture on himself† by carving the letter A into his own chest (Hawthorne 176). He has also had to endure much from Roger ChillingsworthRead MoreSummary Of The Scarlet Letter 935 Words   |  4 PagesThe Scarlet Letter is about a woman, Hester Prynne, who has had an affair with a man who she would not name. During the affair Hester became pregnant, so the affair became known to the town. She had the child but would still not reveal who the father was she was then forced to wear a red A representing adulterer on her chest for the rest of her life. The movie Easy A is about Olive Pendergast is an average high school student who is not one of the super-popular girls, but not a loser eitherRead MoreSummary Of The Scarlet Letter 1329 Words   |  6 PagesMelanie Showers Mrs. Voshell Honors English 10 8 January 2016 Morality in The Scarlet Letter In The Scarlet Letter, Hawthorne describes many defining instances of different characters’ morality. Some of the characters’ opinions are very different, but the people of the town have a general morality that leads Hester Prynne and Arthur Dimmesdale to deal with their sins differently in public, than in private. First, Hester’s morality, is not very defined at the beginning. She seems as though sheRead MoreSummary Of The Scarlet Letter 1136 Words   |  5 PagesNicholas Halford Greene American Lit 7th 18 Mar 2015 Final Draft The Puritan society, seen in The Scarlet Letter, traps many women in the confines of patriarchal gender role with its rituals and beliefs. These common beliefs caused many of the women in the community to feel oppressed and silenced. Amongst these silenced women, only a few chose to stand against these unfair and unjust beliefs. This minute group includes Hester Prynne, the adulteress whose scandalous life is at the center of theRead MoreSummary Of The Scarlet Letter 2535 Words   |  11 Pageswritten down to tell those later what is right and wrong; evil and good in the world. Sin is very relevant in The Scarlet Letter, it is shown throughout the novel.The novel started and ended with a sin. Hester Prynne and Arthur Dimmesdale, the main characters in The Scarlet Letter, is the cause of this debacle. Hester and Arthur’s inability to control their emotions gave Hester the scarlet letter, and only Hester can redeem herself out of it. Arthur Dimmesdale, Hester’s lover a nd also one of the churchRead MoreA Summary of The Scarlet Letter771 Words   |  3 PagesChillingworth sent her to Boston to wait for his arrival, but she ended up by having a child with Authur Dimmesdale, who was a minister of the town. So she was sent to the prison as she had committed adultery. One day, she was emerged from the prison with the letter â€Å"A† on her breast, which is a sign of punishment for her adultery commitment. She and her three-month old daughter, Pearl were led to the scaffold of pillory. At there, she was asked to tell who Pearl’s father is, but she refused to tell. AlthoughRead MoreSummary Of The Scarlet Letter- 1641 Words   |  7 PagesStephanie Nicolino Mrs. Sarich English 11H 10 October 2014 The Scarlet Letter- Chapters 9-12 (Passage Analyzer) Chapters 9 and 10 investigate the relationship in the middle of Chillingworth and Dimmesdale. On one level, Chillingworth speaks to science and Dimmesdale speaks to deep sense of being. Like Chillingworth s disfigured shoulders, Dimmesdale s disease is an outward sign of an internal condition, and not medication or religion suffices to cure it. What hampers his recuperation is hisRead MoreSummary Of The Scarlet Letter 1485 Words   |  6 Pages The Scarlet Letter Reading Journal Chapters 2-3 Hester Prynne is first introduced by an angry crowd of people calling for her death. It seems as Hester has done something terribly wrong, something unforgivable. It gave me mixed thoughts, because I had no idea what she had done that made these people so furious, she could be innocent for all I, or any of the characters, know. Hester’s babe was compared/contrasted to the Scarlet Letter on herself, showing that her babe, not the Letter, was the

Hamlet vs Othello Free Essays

In two of Shakespeare’s most famous tragedies, Hamlet and Othello, potency and impotency are addressed through characters actions and schemes. To be potent is to wield power, to be mighty, influential, persuasive, and cogent. One in a high position, one whom many looked up to, would likely hold characteristics of potency. We will write a custom essay sample on Hamlet vs Othello or any similar topic only for you Order Now Contrastingly an impotent character would be one of a lower position, and accordingly one of lesser position and influence. The first of these plays, Hamlet, speaks of a young man, Hamlet, seeking revenge on his uncle for the murder of his father and the taking of his father’s throne and wife. The second play, Othello, demonstrates Iago, the antagonist, to be in want of Othello or Cassio’s higher position and his determination to obtain these through murder, deception, or any other vile mechanism. Young Hamlet from Shakespeare’s Hamlet, and Iago from Othello provide blatant contrast in the potency of their actions throughout the course of each play. Hamlet portrays an impotent character through his lack of communication and actions, and Iago portrays a potent character through his deceptive communication and decisive action. However, they demonstrate regardless of one’s influence or ability to wield power, similar motives will draw parallel conclusions. Throughout the course of the play Hamlet, the audience watches young Hamlet develop from a character that has no effect on the rest of his household to one who drastically changes its make up. In the beginning, he is compared to a dying king of another kingdom, one â€Å"who [is] impotent and bed-rid† by his uncle Claudius, and is seen to have little effect on anyone around him. (I. ii. 9) The speaker draws this comparison to place emphasis on the weak nature of Hamlet. Within the first acts, his character is not revealed through his communication with others, but through his asides and soliloquies. Upon an encounter with the ghost of his late father and the introduction to his mission to kill Claudius for revenge; Hamlet speaks in a soliloquy full of puzzlement over his subsequent actions. He decides that â€Å"break, [his] heart, for [he] must hold [his] tongue†, and thus not to speak with anyone regarding the matter, but search out the correct actions for himself (I. i. 159). Hamlet in this way designates his revenge to be interpersonal and impotent for the time as he determines his course of action, instead of taking action and speaking with others immediately. As he struggles within himself over the actions he will take, questions arise through witnessing more emotion portrayed in a play that happens on the King’s Court than he feels within him. Hamlet asks in an aside, â€Å"had [the player] the motive and cue for passion/That I have? † (II. ii. 564-565). Despite Hamlet’s definite purpose for revenge, he struggles with his inability to take action and admonishes himself for being unable to even show the emotion a player showed in a fake situation. In this way, impotency of Hamlet is greatly emphasized through his soliloquies and affirmation that â€Å"[he is] pigeon-livered, and lacks gall† towards enacting revenge for his father upon his uncle (II. ii. 581). Furthermore, he speaks about how â€Å"the son of a dear father murder’d/Prompted to [his] revenge by heaven and hell,/Must, like a whore, unpack [his] heart with words† instead of being able to take any determining action against Claudius (II. i. 587-590). At this point, Hamlet’s impotency has reached its highest potential. His purpose has been made clear, and the general course that his actions should take was dictated to him through the ghost; all that is left is for him to be decisive and take action. However, each action he takes is stagnant, and designed to determine his final measure of action instead complete it. From this point forward however, the actions of Hamlet and his plan regarding revenge slowly begin to play out. Since his call to action, he had been in search of a way to prove Claudius’ guilt, and once this is complete Hamlet will â€Å"take the ghost’s word† and complete revenge upon Claudius. Regrettably, due to his indecisiveness over what path to take to determine the king’s guilt, his final actions are made after Claudius is aware of the danger Hamlet presents to him. Thus the only chance Hamlet has to complete his final action is made as he is dying from being poisoned by the king through a â€Å"potent poison [which] quite o’er-crows [his] spirit† (V. ii. 357). In this way his exceeding impotence throughout most of the play resulted in his own murder, due to Claudius’ discovery of Hamlet’s revengeful motives. In Shakespeare’s Othello, a very different personality and methodology for completing a task is seen within Iago than has been seen in Hamlet. His soliloquies consist not of fighting with himself, determining the right and wrong actions, but they demonstrate his very potency in taking actions and manipulating others. Instead of toying with his own emotions Iago uses many different characters to complete his will throughout Othello, even those as minor as Roderigo. Roderigo is found throughout his death to be taken advantage of by Iago, and even speaks of Iago as one â€Å"hast had my purse/As if the strings were [his]† and been able to maneuver him into actions and words which he would not normally have taken (I. i. 2-3). Iago does not spend time contemplating and fighting within himself over the course of actions as Hamlet does, but speaks out. However, although Iago does speak with others, like Hamlet he never reveals his plan to the public. He instead works in secret through manipulation and devious actions. As Iago spends his time working through others and slyly taking critical actions, he speaks saying â€Å"Aye, that’s the way. /Dull not device by coldness and delay† (II. iii. 345-346). This very line, as well as the claim of Roderigo makes of Iago’s ability to manipulate and maneuver people, demonstrates the potency that Iago carries. He is able to take every opportunity present and use it to his own advantage. In order to weaken the position of Othello, he who holds Iago’s wanted position; Iago convinces Othello his wife has been unfaithful. He determines â€Å"if [he] gave [his] wife a handkerchief–â€Å" she should be able to give it to whomever she pleases as a token of affection (IV. i. 10). Thus, if Desdemona, Othello’s wife, no longer has the handkerchief it is a sure sign of her unfaithfulness due to the possibility of her giving it to a lover. By chance, Iago was aware that Desdemona could not find the handkerchief, and is able to use this to convince Othello that Desdemona is adulterous. As this part of Iago’s plan unfolds, Cassio and Desdemona–objects of Iago’s intent–are blindly drawn into his manipulation, yet Iago still appears to be innocent. He uses every chance he is presented with, and builds his plans to gain status as each new opportunity arises, instead of determining a full plan of action before proceeding as Hamlet did. However, due to the immediate action that Iago takes, he is not able to fully comprehend the repercussions of them, as Hamlet was able to do. In the end, this carelessness led to his downfall when he was unable to kill Cassio. Cassio’s death would have meant all the lies that Iago had been feeding to Othello and his peers would have seemed to be truth, and he would have been raised to a higher status as he wished. However, with Cassio still alive the truth of who Iago is and his motives become apparent. He is seen as an â€Å"inhuman dog† for all of the manipulation and scheming that he had done (V. i. 61). Thus he is sent to meet the same fate that he led others to meet, and â€Å"the censure of this hellish villain (Iago)† and eventual death, is left in the hands of a remaining government official (V. ii. 366-367). In the same manner that Hamlet was undone by his extreme impotency throughout the play, Iago was also taken by the reverse extreme, potency. Each character found a tremendous spectrum with seemingly no middle ground to act upon, and were each given a similar consequence for such extremes. Throughout the course of each tragedy, comparisons and contrasting elements can be drawn from both Hamlets’ Hamlet, and Othello’s Iago. Each has a direct goal in mind, and though they are different in detail, they are similar in how they are to be brought about. Though Hamlet and Iago have similar goals, their method for attaining each vary greatly. Hamlet speaks within himself; he wishes to be sure of his actions and the repercussions of them before executing his plan. In this way he is seen as an impotent character, one without influence and who does not manipulate his power in order to attain his goal of revenge. On the other hand, Iago directly manipulates people through his use of words and his own actions. He is viewed as a potent character for the way he uses power to attain his goal of a higher standing, and executes actions without seeming to consider the implications of each of them. In the end however, both Hamlet and Iago find themselves facing inevitable death due to their actions. Each character was an extreme of potency, either high potency, or none at all, and ultimately this led to their downfall. The idea of extremes leading to one’s downfall can be seen not only in Hamlet and Othello, but in many other cases as well. Apathy versus passion is an example of two extremes that if found in a marriage or even friendship, could lead to the end of the relationship. Were there such passion within man he could not control himself, it could end in the opposing party being disapproving, and ending the relationship at that point. Likewise were one to be extremely apathetic in a relationship; it could end abruptly through lack of communication, or the opposing party renouncing the relationship due to lack of any emotion. In this way, each person with an extreme position will be led to his or her downfall through the excessive nature of it, just as Hamlet and Iago were led to their death through extremes in potency. How to cite Hamlet vs Othello, Essay examples