The name of the person I read about is Woodrow Wilson,but when he was young people called him Tommy. When Tommy was only a year old his father [Dry. Wilson]moved his family and him from Virginia to Augusta,Georgia. He moved in 1857. Tommy’s father became pastor of the First Presbyterian Church in Augusta,Georgia. Woodrow came from a strict,caring household.
Dry. Wilson liked to take Woodrow places like cotton mills,iron and steel foundries,and other local industries. He did that to teach Woodrow the manufacturing processes. Dry. Wilson also taught Woodrow respect for other people.His motherless Wilson] was shy and reserved,but looked and acted like Woodrow. Woodwork’s life was different from mine by the way he went to school.
His father taught him till he was nine,and then he went to school. Woodrow spent some of his spare time with his gang, called the Lightproof Club. Also when Woodrow was fourteen,his education was continued at a private school with fifty boys enrolled that cost seven dollars an hour. One of the parts of the book that I liked was when Woodrow Wilson won the Presidency. One of the things that helped him win was when he made two alliances. En alliance was made with Colonel Edward M. House.
The other was made with William Macomb’s. Both of these alliances profound effect on his future. A sad Incident that happened In this story was when Woodrow suffered his paralytic stroke. Rumors spread that Woodrow was Incapable of handling even the smallest duties. Wilson kept succeeding though. There was still many people that believed in him. If I could choose one thing that Wilson did that I could do It would be a lawyer.
Flirts of all most lawyers make a good living. Another thing Is that people depend on you.Affably It would be challenging for me. The main thing that Wilson Is remembered for Is being President. He really put a lot of effort Into being President. He worked hard,he acted In control,and he acted mature about the situations he was Len. The mall thing Is that he succeeded with what he was doing.
Wilson was different In ways. He was business-Like In some ways,and more regular In other ways. An example of when he was business-Like was when he Is In office at his Job. An example of when he was more regular Is when he was at home. Wilson was always smart no matter what situation he was Len.Wilson was also a caring and honest person about his family and his country and also he was not selfish at all. Respect for other people.
His motherless Wilson] was shy and reserved,but looked A sad incident that happened in this story was when Woodrow suffered his paralytic stroke. Rumors spread that Woodrow was incapable of handling even the smallest duties. Wilson kept succeeding though. If I could choose one thing that Wilson did that I could do it would be a lawyer. First of all most lawyers make a good living. Another thing is that people depend on you. Finally it would be challenging for me.
The main thing that Wilson is remembered for is being President. He really put a lot of effort into being President. He worked hard,he acted in control,and he acted mature about the situations he was in. The main thing is that he succeeded with what Wilson was different in ways. He was business-like in some ways,and more regular in other ways. An example of when he was business-like was when he is in office at his Job. An example of when he was more regular is when he was at home.
Wilson was always smart no matter what situation he was in.
Supply and Demand Macro-economics
Supply and Demand Macro-economics.
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When plotting graphs, it is required to properly label all axes and graphs. No graph should have a mystery axisor a mystery function.
Use an essay format, and create supporting graphs, to answer the following questions:
Suppose we are examining the market for 240-foot industrial wind turbines. Consumers (buyers) of these wind turbines use them to generate electricity. For this analysis, we are interested in the demand for wind turbines and the supply of wind turbines the supply and demand together create the wind turbine market.
Please use the model of supply and demand to analyze various market scenarios. Make the normal assumptionsabout the Laws of Supply and Demand, and also about the determinants of demand and the determinants of supply.Treat each scenario as a separate event.
Interpret basic scenarios: Within the wind turbine market, correctly identify the correct function (either the supplyof, or the demand for, wind turbines) and the appropriate direction of change (increase or decrease), for each situation below. Illustrate each answer with a simple graph. Then, in a short paragraph, explain why it is a supply-side or demand-side change, and why the predicted change is an increase or a decrease. Treat each scenario as a separate event.
A technological advance reduces the cost of production for industrial wind turbines.
The number of users [consumers] of industrial wind turbines increases, because more firms in private industry are buying wind turbines to generate power for themselves; in addition, a larger number of public utility companies are buying wind turbines as a greener source of electrical power.
Suppose natural gas is a form of energy as a consumer substitute for industrial wind turbines as a source of power (as compared to industrial wind turbines). What change is predicted in industrial wind turbines if the price of natural gas energy decreases?
Note: For example, in the USA, fracking technology has greatly reduced the cost of taking natural gas out of the ground, making natural gas a much cheaper form of energy.
Suppose a government subsidy that had been available to the producers of wind turbines is completely eliminated, and the cost of producing wind turbines rises, as the government subsidy is taken away. Predict the change in the wind turbine market caused by the removal of the subsidy.
Assume steel is a resource used in the production of industrial wind turbines. If global steel prices decreasedramatically, predict the impact. Does the supply or the demand for industrial wind turbines change? Why? What is the direction of change? Why?
Suppose the entrepreneurs who make and sell industrial wind turbines have the technological capacity to readily changeover their production operations to produce smaller residential wind turbines. If the price and profitabilityof producing residential wind turbines increase, what is the impact on industrial wind turbines?
Suppose the model of Supply and Demand is used to make predictions about changes in the equilibrium price and the equilibrium quantity of corn.
Interpret market scenarios: Within the corn market, predict the impact of changes in the determinants of demand or supply. In each scenario, identify the correct function (either corn supply or corn demand) and the appropriate direction of change (increase or decrease), for each situation below. Then use the analysis to predict the impacts of the change on the equilibrium corn price and equilibrium quantity of corn. Illustrate each answer with a simple graph. Remember, some complex analyses can produce the end-result of an indeterminate change in either the equilibrium price or quantity. Then, in a short paragraph, explain why the change in the market equilibriums occurred, and whether they make sense in comparison to outcomes in the real world market for corn. Treat each scenario as a separate event.
Suppose above-normal growing conditions (near-perfect weather, ideal soil moisture, no pest infestations, etc.) create a bumper crop of corn. Use supply-and-demand to predict the impact of the bumper crop on the equilibrium price and equilibrium quantity of corn.
When you perform this analysis, compare the market reaction as the corn-growing production conditions change from normal to above-normal growing conditions.
Are the predicted results of the model consistent with what typically happens in commodity markets when above-normal growing conditions impact agricultural production? Why is it important that the predicted results of a model be consistent with reality?
Suppose corn is a viewed as a normal good from the consumer household income perspective. If a worldwide recession reduces household consumer incomes on global scale, use supply-and-demand to predict the impact of decreased consumer income on the equilibrium price and equilibrium quantity of corn.
Suppose the corn market is impacted by multiple forces, and a complex supply and demand analysis is required.
In this scenario, suppose that an increased number of corn consumers enter the corn market because they are purchasing corn to meet a growing demand for corn-based ethanol.
Simultaneously, the US Department of Agriculture increases subsidies for corn production, in an effort to support/stabilize farm income.
Apply the supply-and-demand model to predict the impact of these two changes on the equilibrium price and equilibrium quantity of corn.
Suppose corn producers can readily change-over their operations to produce soybeans instead. Assume it is simple for a producer to grow corn or soybeans on a piece of land the producer simply decides to change the crop in the next growing season.
Assume there is a notable increase in both the price and profitability of soybean production.
What will be the predicted impact on the corn market, because of the producers reaction to better profits growing soybeans?
Does the supply or the demand for corn change in this scenario? Why? What is the impact of this change on the equilibrium price and equilibrium quantity of corn? Is this predicted result consistent with real-world market outcomes? Explain.
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