Markets seek equilibrium, and the demand for goods and services will come to an equilibrium with supply of goods and services. When markets are not in equilibrium, surpluses and shortages, as well as underground markets, can exist. Sometimes, the government may want to intervene in markets to try to help reduce economic hardships.
What is the difference between a price floor and price ceiling? According to the laws of demand and supply and how market equilibrium, efficiency, and equity are reached, do attempts to repeal those laws and market results with price floors and price ceilings justify legislative bodies to implement price controls?
Review the mechanics of supply and demand. Disequilibrium between supply and demand will occur if price is above (surpluses) or below (shortages). Why does a price floor lead to surpluses? Why does a price ceiling lead to shortages? Review consumer and producer surplus. A price floor will lead to a transfer of consumer surplus to producer surplus; a price ceiling will lead to a transfer of producer surplus to consumer surplus; both price regulations lead to deadweight losses, which is a loss of surplus to society. Why?
Market Equilibrium and Price Controls
ENG 1302 Austin Community College Viola Character Twelfth Night Play Discussion
ENG 1302 Austin Community College Viola Character Twelfth Night Play Discussion.
In Twelfth Night, characters wrestle with appearances—how others view their identities based on their bodies, social station, or attire. Choose one character from the play and discuss the rewards and dangers that the character faces when his/her external self does not reflect his/her real identity. Then relate this issue with appearances and identity to a main theme and the resolution of the play. Support your argument using ample quotations from the primary sources (the play) and one secondary resource (an article you locate on our library database). Keep in mind that you must read, understand, and apply what you have learned from the secondary source to your analysis. Simply dropping in a quote from an outside sources will not be enough.All papers must be word-processed. Double space and use a 12-point standard font. Margins should be 1 inch all the way around the page.You will use MLA-style documentation in all papers. Every paper will have a Works Cited and will use parenthetical, in-text citations. You must document all secondary sources as well as primary sources. Your textbook contains information about MLA style; or, you can ask me or the librarians for assistance. See the Writing Guides for step-by-step instructions on development of the essay.
ENG 1302 Austin Community College Viola Character Twelfth Night Play Discussion
There are two posts. post 1 and post
please reply each posts with 150 words with in text citation and
help writing There are two posts. post 1 and post please reply each posts with 150 words with in text citation and references post 1 When I was growing up, older people, in general, were respected and seen as wise. The oldest adults in my family have always been my grandparents, and everyone in my family, including myself, has always looked up to them. They are who we go to for advice and comfort. Although I never really had the chance to meet a lot of older adults in society when I was growing up, I remember my parents talking about people putting their parents or grandparents in nursing homes because they didn’t have the time or simply didn’t want the responsibility of taking care of them. I’ve noticed now that I have experienced care of older adults with nurses, there is a great amount of ageism in society, and the love and respect my family shows to my grandparents isn’t the same in all families or facilities. In fact, a study in Australia has shown that 22-25% of older adults with mental illness reported some form of discrimination in the past 12 months, which is double the percentage of older adults without mental illness who have reported discrimination in the past 12 months (Temple et al., 2020). There are many stereotypes, both positive and negative that are present in Western society. However, sadly, the negative outweigh the positive (Miller, 2019). Although this may only seem like something that can harm an older adult’s mental health, it also affects their physical health. Studies have shown that negative stereotypes such as seeing an older adult as slow or incompetent, decrease an older patient’s cognitive skills and performance. These same negative stereotypes have also been proven to be associated with poor recovery from illness as well as declined physical health (Miller, 2019). When I was younger, people who suffered from mental illness were seen as different and sometimes they were called “crazy”. In addition, older adults with mental or emotional disorders were viewed as a burden which further leads to these older adults being viewed as incompetent, and unfortunately, that is still something that is seen in society. In my family, the language used to describe older adults suffering from mental illness were also called “crazy”, but for those suffering from altered mental function, I always heard things such as, “They’re older so their mind isn’t as good as it used to be.” It’s heartbreaking to look back on how people, including older adults, suffering from mental illness or altered mental function were viewed. Thankfully, with understanding and education that is changing in society and among those I know. I think one of the major factors of how older adults were viewed when I was growing up in my family was our culture. Ever since I can remember, any time somebody was known to have a mental illness or suffer from suicidal ideation or attempts, I would hear those around me say that they’re ungrateful and need to become closer to God. Although religion is a great outlet for many people, especially older adults, suffering from mental illness, it isn’t for everybody, and I feel that this blinded those I grew up with into believing that religion fixes everything. Thankfully, as time has passed, my family and society have learned to slowly become more accepting of mental illness, especially in older adults, which has helped my family be more supportive of those suffering from mental illness. post 2 When I was growing up, older people, in general, were respected and seen as wise. The oldest adults in my family have always been my grandparents, and everyone in my family, including myself, has always looked up to them. They are who we go to for advice and comfort. Although I never really had the chance to meet a lot of older adults in society when I was growing up, I remember my parents talking about people putting their parents or grandparents in nursing homes because they didn’t have the time or simply didn’t want the responsibility of taking care of them. I’ve noticed now that I have experienced care of older adults with nurses, there is a great amount of ageism in society, and the love and respect my family shows to my grandparents isn’t the same in all families or facilities. In fact, a study in Australia has shown that 22-25% of older adults with mental illness reported some form of discrimination in the past 12 months, which is double the percentage of older adults without mental illness who have reported discrimination in the past 12 months (Temple et al., 2020). There are many stereotypes, both positive and negative that are present in Western society. However, sadly, the negative outweigh the positive (Miller, 2019). Although this may only seem like something that can harm an older adult’s mental health, it also affects their physical health. Studies have shown that negative stereotypes such as seeing an older adult as slow or incompetent, decrease an older patient’s cognitive skills and performance. These same negative stereotypes have also been proven to be associated with poor recovery from illness as well as declined physical health (Miller, 2019). When I was younger, people who suffered from mental illness were seen as different and sometimes they were called “crazy”. In addition, older adults with mental or emotional disorders were viewed as a burden which further leads to these older adults being viewed as incompetent, and unfortunately, that is still something that is seen in society. In my family, the language used to describe older adults suffering from mental illness were also called “crazy”, but for those suffering from altered mental function, I always heard things such as, “They’re older so their mind isn’t as good as it used to be.” It’s heartbreaking to look back on how people, including older adults, suffering from mental illness or altered mental function were viewed. Thankfully, with understanding and education that is changing in society and among those I know. I think one of the major factors of how older adults were viewed when I was growing up in my family was our culture. Ever since I can remember, any time somebody was known to have a mental illness or suffer from suicidal ideation or attempts, I would hear those around me say that they’re ungrateful and need to become closer to God. Although religion is a great outlet for many people, especially older adults, suffering from mental illness, it isn’t for everybody, and I feel that this blinded those I grew up with into believing that religion fixes everything. Thankfully, as time has passed, my family and society have learned to slowly become more accepting of mental illness, especially in older adults, which has helped my family be more supportive of those suffering from mental illness.
SSE 1250 RU Cultural Affiliation Choice the Asian Race & String Values Discussion
SSE 1250 RU Cultural Affiliation Choice the Asian Race & String Values Discussion.
I’m working on a social work report and need a sample draft to help me understand better.
Module 03 Course Project – Rough Draft of the Paper SSE1250Module 03 ContentContinue your research on each of the 4 cultural affiliations you have identified for this course project, and submit a rough draft of your paper this week.The rough draft must be 4-8 pages, with 1-2 pages for each of the 4 identified cultural affiliations. The draft should include pertinent history of the culture, stereotypes and cultural norms, and anything else that you believe it would be important to educate others about regarding that culture. Make sure to write your paper using APA format. Include APA citations for any resources used as references. Cite at least two (2) credible sources per cultural affiliation.Cultural Affiliation ChoiceFor my Cultural affiliation choices, I have selected to learn more about is a millennial female who is of Asian descent and practices Buddhism race. I would like to learn how their family values tie in with their work values. Additionally, do they hold traditional values? How do they navigate their religious differences? Lastly, how to they play into the modern work field and what types of careers are they leading. I found several sources I would like to pull information from to answer these questions. Cheung, C. H. W., Kennedy, K. J., Leung, C. H., & Hue, M. T. (2018). Religious Engagement and Attitudes to the Role of Religion in Society: Their Effect on Civic and Social Values in an Asian Context. British Journal of Religious Education, 40(2), 158–168.Muralidharan, S., & Xue, F. (2016). Personal networks as a precursor to a green future: A study of “green” consumer socialization among young millennials from India and China. Young Consumers, 17(3), 226–242. https://doi.org/10.1108/YC-03-2016-00586
SSE 1250 RU Cultural Affiliation Choice the Asian Race & String Values Discussion
Bernard Madoff’s and Other Ponzi Schemes Essay
Table of Contents Bernard Madoff Ponzi Scheme Other Ponzi schemes Analysis and recommendations References Bernard Madoff Ponzi Scheme According to Alex Altman (2008), the Ponzi scheme masterminded by Bernard Madoff, underlines the fact that financial instruments can be used as tools of destruction in the field of financial markets. The $50 billion Ponzi scheme left many investors bankrupt while the market regulators were highly motivated as the scheme has taken place under watch. Although Bernard Madoff Ponzi scheme had previously been investigated by the Securities and Exchange Commission (SEC), a newspaper investigation raised the red flag in 2001 by questioning his investment strategies (Markham, 2006). The article claiming to have interviewed Madoff scheme investors indicated that even the most knowledgeable investors did not understand how he did it. The lure of pocketing windfalls of money could not help the investors to suspect any anomaly with how the scheme operated. He operated under tightly controlled marketing schemes with great amount of secrecy. When the secrecy of his investment busted, it became clear to all that Madoff investment was a clear Ponzi scheme. According to Alex Altman (2008), Ponzi schemes are fraudulent games where the perpetrators take advantages of investor’s illusions of investment solvency. They make sure to pay early investors with capital raised from new entrants to the scheme. With early investors receiving huge payouts, attraction of new entrants is always guaranteed. The problem that exposed Madoff investment as a Ponzi scheme was the market failure that made many investors withdraw. Other Ponzi schemes The scam was named Ponzi scheme after the Boston business person Charles Ponzi. According to Alex Altman (2008), Ponzi schemes started with a New Yorker named William Miller in 1899. He made more than $1 million out of investors. He claimed that he knew well how profitable companies worked and paid his first few investors before the scam got exposed by newspaper investigations. Despite promising huge returns, his investors got paltry 28 cents per dollar investment. On his part, Charles Ponzi, an Italian immigrant, enticed people into buying postage stamps using international coupons. The investors would buy the stamps at European currency before redeeming them in US dollars at a higher value. The scheme could not be sustained due to lack of international coupons to sustain it. The general idea of the scheme was the possibility of massive gains from investment (Dunn, 2004). The schemes including those that followed later made sure to pay the first entrants but always collapsed when they could not make more entrants into the scheme. The Ponzi scheme is managed by a single leader with help from collaborators who recruit new entrants. Analysis and recommendations Although literature on Ponzi schemes awareness in the financial markets is limited, sentence to Bernard Madoff in 2009 increased the interest of the public and investors to this type of investment frauds. Perpetrators of the scheme count on finding willing investors. Therefore, investors and other financial advisers need to be educated on how to detect Ponzi schemes. Investors and financial advisers should understand conditions that Ponzi perpetrators work under and what motivates them to engage in the illegal acts. Investors and financial advisers are sometimes used by Ponzi perpetrators as collaborators. They should understand the consequences of engaging in such schemes. Ponzi schemes are a strain in the economy and have devastating effects on investor confidence. Get your 100% original paper on any topic done in as little as 3 hours Learn More References Alex A. (2008). A Brief History of Ponzi Schemes. Web. Dunn, D. (2004). Ponzi: The Incredible True Story of the King of Financial Cons. New York: Crown Publishing Group. Markham, J. (2006). Financial History of Modern United States Corporate Scandals. Armonk, New York: M. E. Sharpe.