Friday, September 11, 2020

Custom Essay Writing Service Online

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Wednesday, September 2, 2020

Custom Essay Writing Service Online

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Friday, August 28, 2020

Best Custom Essay Writing Service

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Wednesday, June 3, 2020

Financial Cool-aid

Financial Professional Content Subsidized Stafford loans used to be a sweet deal for aid-eligible college students. Payments were deferred during the college years at a 0% interest rate, and repayment after college carried a fixed interest rate of only 3.4%. Well, the deal isn't so sweet any more. As of July 1 the post-college interest rate jumped from 3.4% to 6.8%. Here's what you need to know when talking to clients wondering about what's going on and how the rate change will affect them. Pre-existing student loans are not affected by the rate hike. The new interest rate of 6.8% applies to subsidized Stafford loans taken out for the 2013-14 school year. It's interesting to note that unsubsidized Stafford loans (for students who cannot demonstrate financial need through the FAFSA) also carry a 6.8% interest rate. The primary advantage of being need-eligible is that interest is effectively waived until after graduation. Something will probably be done to change the situation. Several different proposals were advanced in Washington prior to the rate hike taking effect. Although partisan politics make it difficult to reach consensus, intense pressure directed at Congress and the President to come up with a "solutionï ¿ ½ will likely result in a new interest-rate formula. Any such law will likely be made retroactive to July 1, 2013. Stafford loans are not as important in financing college as many people believe. For instance, the most that a dependent student can get in subsidized Stafford loans for the freshman year in college is $3,500. Another $2,000 in unsubsidized Stafford loans can be taken out. Many parents use federal PLUS loans to pay the college expenses that are not financed with Stafford loans, and PLUS loans carry an interest rate of 7.9%. How attractive is a PLUS loan at 7.9% when home equity loans can be obtained by many families at lower cost? I recommend the article "The Federal Parent Rip-Off Loan" by Kevin Carey for further insight into PLUS loans. If they can avoid it, your clients should not want to see their children or themselves taking on massive debt for college. For most, avoiding loans during the college years requires that they save for college now, while the child is still young. If you want to demonstrate this concept to your clients, try out the 529 Savings Vs. Loans Calculator on Savingforcollege.com. I just did, running the numbers for a 5-year old, and using all the calculator's other default settings. It tells me that the total amount of monthly contributions needed to pay for a four-year degree is $114,973. But if I had no college savings, and paid for college completely through loans, my total loan repayment would come to $257,360. How's that for a persuasive argument in favor of saving for college? Financial Professional Content Subsidized Stafford loans used to be a sweet deal for aid-eligible college students. Payments were deferred during the college years at a 0% interest rate, and repayment after college carried a fixed interest rate of only 3.4%. Well, the deal isn't so sweet any more. As of July 1 the post-college interest rate jumped from 3.4% to 6.8%. Here's what you need to know when talking to clients wondering about what's going on and how the rate change will affect them. Pre-existing student loans are not affected by the rate hike. The new interest rate of 6.8% applies to subsidized Stafford loans taken out for the 2013-14 school year. It's interesting to note that unsubsidized Stafford loans (for students who cannot demonstrate financial need through the FAFSA) also carry a 6.8% interest rate. The primary advantage of being need-eligible is that interest is effectively waived until after graduation. Something will probably be done to change the situation. Several different proposals were advanced in Washington prior to the rate hike taking effect. Although partisan politics make it difficult to reach consensus, intense pressure directed at Congress and the President to come up with a "solutionï ¿ ½ will likely result in a new interest-rate formula. Any such law will likely be made retroactive to July 1, 2013. Stafford loans are not as important in financing college as many people believe. For instance, the most that a dependent student can get in subsidized Stafford loans for the freshman year in college is $3,500. Another $2,000 in unsubsidized Stafford loans can be taken out. Many parents use federal PLUS loans to pay the college expenses that are not financed with Stafford loans, and PLUS loans carry an interest rate of 7.9%. How attractive is a PLUS loan at 7.9% when home equity loans can be obtained by many families at lower cost? I recommend the article "The Federal Parent Rip-Off Loan" by Kevin Carey for further insight into PLUS loans. If they can avoid it, your clients should not want to see their children or themselves taking on massive debt for college. For most, avoiding loans during the college years requires that they save for college now, while the child is still young. If you want to demonstrate this concept to your clients, try out the 529 Savings Vs. Loans Calculator on Savingforcollege.com. I just did, running the numbers for a 5-year old, and using all the calculator's other default settings. It tells me that the total amount of monthly contributions needed to pay for a four-year degree is $114,973. But if I had no college savings, and paid for college completely through loans, my total loan repayment would come to $257,360. How's that for a persuasive argument in favor of saving for college?

Wednesday, May 6, 2020

Aggregate Demand and Supply Paper - 1955 Words

Aggregate Demand and Supply Models Economic Critique Ken Drake, ECO 372 Macroeconomics September 10, 2012 Jason Foster Aggregate Demand and Supply Models Economic Critique In the United States the economy is currently in a recession, although signs are indicating that the economy is slowly recovering. In an effort to analyze the Unites States economy the unemployment rate, expectations, consumer income, and interest rates have been evaluated. The results of these evaluations are included in this report. Unemployment in the United States fell to 8.1% from 8.3% in July. U.S. employers are said to have added 96,000 jobs in July (KSL News, Sept) . According to reports from the department of workforce services the†¦show more content†¦Just like looking for a good time to buy into a stock, a person needs to look at several months of data to find a consistent pattern of troughs and peaks in the supply and demand wave, draw a line to mark out floor and ceiling, and then buy your stocks as the price climbs and sell before it reaches the top. Expectation can now be based on past events laid out in a reoccurring pattern. There is still some guesswork involved however, but not like it was in the past. The downward spiral of the United States economy can be caused by different factors. For example, record high gas prices and sub prime mortgage loans are tow key contributors. With the United States gas prices and unemployment rates at an all time high, it is no secret why consumers naturally spend less money. Consumers are using more money for their gas tanks just to get to work everyday, and the though of going on vacation or shopping is just a dream now for most. A higher price level reduces the purchasing power of the publics accumulated savings account balances (Aggregate demand and aggregate supply, 2012). A higher price level heavily wears out the purchasing power of such assets, the general public is much poorer and will automatically reduce its spending. Sub prime mortgage loans were designed to help people with bad credit purchase a home when they would not qualify. They w ere also designed to help people who didnt make quite enough incomeShow MoreRelatedOverview of Interrelated Aggregate Demand and Aggregate Supply Curves1544 Words   |  6 Pagesï » ¿Aggregate Supply Curve Variables One of the major facets and functions of modern macroeconomic and microeconomic theory are the interrelated aggregate demand and aggregate supply curves. This report will focus on the latter as well as the variables that are typically accepted to affect the aggregate supply curves. An example graph showing a hypothetical shift in the aggregate supply curve is included in the appendix of this report. Aggregate Supply Curve Summary As noted in the introduction,Read MoreThe Effect Of Macroeconomic Shifts On The Ridge Tool Company Essay982 Words   |  4 Pagesof the economy as a whole. While a firm can be successful with individual households, they are by no means exempt from the effect of macroeconomic shifts. Macroeconomic shifts are those that impact the aggregate supply and demand of an entire country, or the world. The aggregate supply and demand curves are plotted to display the real domestic output of a country vs. price. An event that is seemingly unrelated to the firm can change the future for a firm in the short term. We will be examining theRead MoreThe Effects Of Oil Prices On Various Parts Of The Economy1556 Words   |  7 PagesThe purpose of this paper is to explain the effects of oil prices on various parts of the economy. The Impact of Lower Oil Prices by Bruce Lantz and Contemplating Collapsing Oil by Leonard Melman assist in explaining the advantages and disadvantages of declining oil price s. Both articles address the issues of unemployment and changes in total spending caused by the price of oil. Taking into consideration the opinions of chief brokerage and wealth management companies, as well as the actions ofRead MoreMeasuring Price Sensitivity And The Macroeconomic Environment Essay1625 Words   |  7 Pageseach category listed below, as businesses, in particular, XYZ Company, must use microeconomic principles to make and validate decisions based on the following factors: price elasticity, consumer choices, production and costs, supply and demand, aggregate supply and aggregate demand, and macroeconomic measurements. Microeconomic principles aligned with macroeconomics, enable businesses to understand the behavior of individual business units and an organization, to predict, plan and achieve success. ElasticityRead MoreMonetary Policy And Its Impact On The Performance Of The Economy1161 Words   |  5 PagesThis paper will discuss the goal of monetary policy and its impact on the performance of the economy as it relates to such factors as inflation, financial yield, and business. Monetary policy affects all kinds of monetary and financial decisions individuals make in this nation, whether to get a loan to purchase another house or car or to start up a company, whether to expand a business and whether to place savings in a bank, in bonds, or in the stock market. Furthermore, because the U.S. is the largestRead MoreDifference Between Fiscal And Monetary Policy Essay1345 Words   |  6 Pagesthat the U.S. economy is forever changing due to various factors. Some of these economic policies are also developed due to various factors or events that may have occurred in the United States. This paper will discuss some policies that stimulate the economy, their relation to aggregate supp ly and demand, and the effectiveness of stimulation these policies will have on the economy. The article â€Å"What is the difference between fiscal and monetary policy?† written by Dr. Econ and posted on the FederalRead MoreMerriwell Bag Company1078 Words   |  5 Pagesformed the company 20 years ago when he resigned as a mill supervisor for a large paper manufacturer. Ironically, the same manufacturer formed a container division five years ago and is presently one of Merriwell’s competitors. Company Strategy The family attributes the success of Merriwell Bag Company to the fact that it has found a market niche and has no â€Å"serious† competition. Merriwell supplies stock bags to many small chain stores scattered over a wide geographical area. It shipsRead MoreU.S. Federal Government and Economic Issues Essay1231 Words   |  5 PagesThis paper relates to what I have learned in the Macroeconomics class. For this final term paper; I will write about the U.S. federal government operations and how government leaders handle macroeconomic issues in our economy. We will discuss a couple of current economic issues and what the federal government is doing to reach solutions. I will also address U.S. unemployment issues, international trade, fiscal and monetary policies, and methods of alternative energy, along with the Federal Reserve’sRead MoreEconomics Affects Our Daily Life1576 Words   |  7 Pagessatisfy their various desires. Different aspects of economy analyzes and studi es production, factors of production, demand and supply analysis, consumption, distribution, market structure etc. Question 1 Economics can be classified into two main branches, which are macroeconomics and microeconomics. Macroeconomics refers to study of economic aggregates (aggregate demand, aggregate supply etc.) while Microeconomics refers to study of behavior and performance of individual parts of economy such as firmRead More Monetary Policy Constraints in an Small Open and Dollarized Economy1459 Words   |  6 Pagesmonetary and exchange rate policies to affect interest rates aggregate output and internal credit in the short run.[1] Nonetheless, in small open economies these tools have limited efficiency, since global markets determine interest rates. Many small economies use fixed exchange rate policies to control inflation or promote stabilization. This policy puts constraints on the use of monetary tools that increase aggregate output because money supply change is subject to a determined exchange rate. Furthermore

Tuesday, May 5, 2020

Timeless Relations free essay sample

Timeless Relations A ray of light shone through the slit of my eyelids causing a slight pain. As I opened my eyes and my pupils struggled to adjust to the light, a Blue Angel ripped through the sky above me with incomprehensible speed. I watched my mother and father conversing on the aft of the boat while my sisters, giggling together, dangled their legs over the bow. Countless boats, filled with families and friends enjoying each other’s company, anchored in Lake Erie around us. Another Angel soared past, causing a belated but nevertheless deafening sound. I thought about how much the world has changed, how quickly it moves, and how little we, as humans, enjoy the one thing time cannot alter: relationships. Pilots in their jets flew by at high-speeds with instantaneous altitude changes and swift turns. They traveled fast, faster than any human being or aircraft ever manufactured before. We will write a custom essay sample on Timeless Relations or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The other spectators and I stared on. At that moment, our lives seemed comparatively uneventful and slow. These people of practical affairs, casually, joyfully, and whole-heartedly listened to each other as the airborne acrobats performed above. How simple these times seemed compared to the trials, training, and skills required of the men hundreds of feet above traveling at record breaking speeds. As a passing Blue Angel reached supersonic speed, my life seemed to slow down. I realized the beauty of time, especially time spent with others. Just as the Blue Angels speed by, so do our daily lives. Technology stresses speed and instant gratification. Cell phones have taken once heartfelt, genuine goodbyes and turned them into triple character text messages, such as â€Å"cya!† People have personal connections through cyberspace. They no longer have conversations, but rather exchange voicemail transactions. Companies advertise faster service, next day installation, on demand vide os, and high-speed internet on the go. While lying on the boat rocking us back and forth, I marveled over society today. What happened to friendly consumer service, quality installation, and a genuine desire to make others happy? Everything now originates from convenience rather than from devoting our priceless time to others and to building lifelong relationships. Lifestyles change with time. Technology, language, music, and fashion, they all change. But one thing that never will change is people and their relationships. Parents love their children the same in contemporary times as they did thousands of years ago. Likewise, children now and children of medieval periods love their parents equally. A common connection among our world’s cultures is interpersonal connections. One era is connected to another by relationships. Romance novels, such as Gone with the Wind, are timeless stories with which all people can relate. Friends and family have played significant roles in our lives for centuries; however we do not appreciate them enough. Why not treasure the one thing time has not changed? Humans will always need love, affection, and understanding. A thunderous sound roared around me. The Blue Angels passed overhead, this time together. I sat up and rested my back against a life-line on the side of the boat. The six Solos assembled into their standard diamond formation to form a family of aircraft. They flew as one unit performing barrel rolls and flips. I felt sorrow as the air show approached its end, yet renewed by my fresh outlook on the world. I stood up to join my sisters at the bow and sat beside them. They turned, their eyes met mine and I smiled. Eager not to be excluded a moment more from my family, I added a comment and contributed to the laughter filling the front of the boat. I kicked my feet back and forth as my sisters did. Our six legs moved forward and back in unison as the six Angels flew past together one last time.

Sunday, April 19, 2020

The True Story Of Creation. Religion Or Science Essays

The True Story Of Creation. Religion Or Science? The True Story of Creation ? Religion or Science? For centuries, the battle has been raging between science and religion over the question of how man came into being. The two opposing forces have clashed countless times in history, with such violent conflicts as to result in bloodshed and death. Probably the most controversial issue debated by the two sides is the creation of everything in the universe, from stars and planets to plants and people. Christians use the Bible, specifically the book of Genesis, to support their belief of creation, while scientists support their ideas with observational data and mathematical calculations. Although the Bible provides a credible explanation for the origin of Earth and its life forms, the scientific perspective of creation presents a thorough explanation of the beginnings of the Earth and man with more information and evidence. Using the book of Genesis as support, devout Christians believe that God is the creator of the universe. As it is plainly stated in the first verse of the Bible, ?In the beginning God created the heaven and the earth,? (Genesis 1:1). God also created everything on the earth, including water, land, plants, and animals. The first humans, Adam and Eve, were made by God ?in his own image?male and female created he them,? (Genesis 1:27). Even the concepts of day and night and seasons and years were of divine origin (Genesis 1:14). All of these objects and ideas were created in the course of six days, and all were formed by the work of God. On the other hand, believers in science take a completely different approach in explaining the origin of the universe. Although there is more than one theory, the most popular today is the concept of the big bang, in which an explosion sent debris through space that eventually formed the universe as it is now. The earth, along with the other planets, was formed from the debris of the big bang, but only after billions of years did it look like it does today. Scientists believe life began as a single-cell life form hundreds of millions of years ago, and after millions of years evolved into the plants and animals of today. Humans did not come into existence until a few thousand years ago, evolving from an ape-like species. Of the two explanations, the scientific theory seems to have more evidence of being truth than does the religious theory. First of all, the Bible is thought to be written by Moses (with divine inspiration), but nobody can prove this as his name is mentioned nowhere as the author. In addition, the Bible tells nothing of the expanse of the universe, or even of any other planets, but only mentions objects visible by the human eye, such as the sun, moon, and stars. Omitting those ?invisible? objects suggests that the author had access to only the scope of human knowledge at the time. As the Bible leaves the unexplained to the handiwork of God, science tries to explain the unexplained. Over many years, science has come up with evidence to support their theories of creation. For example, judging by the position and motion of stars in the sky, scientists have discovered that the universe is expanding, which could be the result the big bang sending matter outward through space. The motion of the stars also implies that the age of the universe is greater than that of the earth by several billions of years, while the Bible suggests that the two entities were created at the same time. Furthermore, the discovery of fossils and bones underneath the earth's surface present proof of early life forms ? especially dinosaurs, which are never mentioned in the book of Genesis ? and carbon-dating techniques confirm some of these bones to be millions of years old. Clearly, the scientific argument on the creation issue is backed by more concrete evidence than the writings of the Bible. Still, the presentation of scientific data does not necessarily imply truth; the Bible, although backed by the belief in its divine origin, can very well be the true account of creation. Human nature, however, tends to believe more in concrete and visible objects.