Robust Module Based Database Management System - 2517 Words

ROBUST MODULE BASED DATABASE MANAGEMENT SYSTEM ABSTRACT The present tendency for developing an ontology-based data management system (DMS) is to take advantage of on attempts made to design a preceding well-established DMS (a reference system). The method aggregates to bring out from the mention of DMS a section of schema applicable to the new application requirements – a module –perhaps personalizing it with additional-conditions w.r.t. the application under building, and then directing a dataset using the resulting schema. In this project, we expand the current denotations of modules and we inaugurate novel effects of robustness that furnish means for examine easily that a robust module-based DMS develops safely w.r.t. both the†¦show more content†¦A good implementation is consequently to build on the endeavor made to design citation DMSs whenever we have to build our own DMS with particular needs. A way to do this is to pull out from the reference DMS the section of schema related to our application requirements, possibly to customize it with extra-constraints w.r.t. our application under development, and then to direct our own dataset using the resulting schema. Latest work in description logics provides various results to fulfill such a repeat of a reference ontology-based DMS. Indeed, modern ontological languages – like the W3C advices RDFS, OWL, and OWL2 – are actually XML-based phonological variants of well-known DLs. All those results consist in taking out a section from an existing ontological schema such that all the conditions respecting the relations of absorption for the application under development are captured in the module previous definitions of sections in the literature basically spot to the notion of (deductive) conventional extension of a schema or of uniform introduce of a schema, a.k.a. omitting about non-interesting relations of a schema. Exemplify those two conceptions for schemas written in DLs and debates their connection. Till now, conventional exten sion has been

It Feels a Shame to Be Alive (Dickinson) - Analysis Essay

Discuss the poem It Feels a Shame to be Alive, by Emily Dickonson in conjuction with Jay Parinis statement â€Å"poetry gives voice to what is not usually said† The American Civil War was one of the most violent eras of American history. It was during this period that the poems written by Emily Dickinson carry the most meaning. Jay Parini said, â€Å"poetry gives voice to what is not usually said†, It feels a shame to be alive, by Emily Dickinson is about death and it questions the bravery of the living. Despite death being a part of day-to-day life during a time of war, death was an unknown state of being and for this reason it scared people and the topic was avoided, as it still is today. This poem questions the bravery of those who live â€Å"When†¦show more content†¦Rather, citizens possess soldiers more as a commodity to be spent for â€Å"Liberty†. In this case, the â€Å"Whom† in the first line represents non-fighting citizens and the â€Å"possessed† in the third shows how these citizens viewed the soldiers. The third stanza of this poem asks the reader whether the society of the time really deserved such a great price paid for their freedom. â€Å"-a Thing- / that lives - like dollars – must be piled.† With these two lines, readers see the visual image of bodies piling up and understand the relationship between the price that supposedly must be paid for â€Å"a Thing† or freedom. Life seems to be something that can be expended just as people count and stack money when paying for a purchase without truly realizing its worth. Comparing life to dollars poses the question of whether all lives are of equal worth, or if some lives are worth more than others. In the fourth stanza, Dickinson asks whether the lives of those who survive worth all the lives sacrificed in battle, similar to her message in the third stanza. Are our lives, â€Å"we that wait†, worthy of something so beautiful as someone’s life, the â€Å"Enormous Pearl† being destroyed in something so brutal as battle. The line â€Å"In Battle’s – horrid bowl† gives the image of a brutal and bloody turmoil that, like the curved edges of a bowl, is inescapable. The spelling of â€Å"reknown† is the only time Emily uses thisShow MoreRelatedANALIZ TEXT INTERPRETATION AND ANALYSIS28843 Words   |  116 Pagesï » ¿TEXT INTERPRETATION AND ANALYSIS The purpose of Text Interpretation and Analysis is a literary and linguistic commentary in which the reader explains what the text reveals under close examination. Any literary work is unique. It is created by the author in accordance with his vision and is permeated with his idea of the world. The reader’s interpretation is also highly individual and depends to a great extent on his knowledge and personal experience. That’s why one cannot lay down a fixed â€Å"model†Read MoreLogical Reasoning189930 Words   |  760 PagesYou now owe it to Juanita and Emilio to give them the reasons behind your decision. Your first reason, let’s say, is that you discounted Emilios remark that if the stream were poisonous then everything in it would look dead. Deadly things can be alive and look healthy. You mention salmonella on delicious turkey burgers. You are certain that there are microbes that harm humans but do not harm plants and fish; you mention to Juanita and Emilio that crabgrass and catfish do not catch cholera. Your

E-mail Marketing Campaign-Free-Samples for Students Myassignment

Question: Provides an overview of how firms compete in todays environment with a focus on strategic choices and the infrastructures affecting e-commerce including technology, capital, media, and public policy. Answer: E-Commerce is the fastest growing marketing platform that the multinational companies are dependent for their advertising and marketing ("Editorial Board", 2017). This report is going to discuss about the effective marketing strategies that can be implemented on this platform. The major marketing strategies that are being used to enhance business are as followed: - Create a Content Marketing Strategy Before Starting The advantages gained with the help of E-commerce are due to the ability of planning the marketing strategies before starting the process of marketing. Once the strategies are formed for marketing of the service provided previously taking into consideration the pros and cons of the strategy then success of the strategy is the only way. Branding of the company In todays world, branding of the product is the most important aspect of marketing. Trust of the mass on branded products are increasing day by day, this is the reason why branding of the product is very important. E-commerce provides this aspect of the marketing strategy a platform that brings out the best out of the marketing strategy. Advertising of a product is best done with the help of E-commerce platform. Diversification of advertising Due to the platform provided by e-commerce diversification of the advertizing of the product increases. Social media has enhanced the advertising aspect of the brand in e-commerce hugely in last few years ("Atypical antipsychotic causes weight gain by targeting serotonin receptor 2C", 2017). E-mail marketing campaign Another useful way of marketing through e commerce is E-mail marketing. E-mail marketing is the most effective way of reaching persons in personal and get their attention focused towards the product or service of the organization. Opting for user generated content The best way to interact with the audience is by approaching them with the help of user generated content. Getting the people to interact with the company directly and take the survey about their likes and dislikes of the product or services acts as the best evaluation of the products success rate. This technique also helps in calculating the life cycle of the product by the survey results. Implementing loyalty program Loyalty programs evaluate the loyalty of the customers towards the product or the brand. This program also shows us the target age of the product. This evaluation also states the faults of the brand that is restricting the brand to the people of all ages ( Jaewook Lim, 2012). These facilities are provided by the e commerce platform. These make e commerce the most trusted platform for marketing. Reach the customers in their native language the best way to reach the customers is by contacting them in their native language. People are most comfortable in their native language (Demirkan, 2015). So it is easier for the brands to reach the clients in their native language in order t get the best response from the clients. From the above discussion it can be stated that e commerce supports marketing in a most efficient way. With the pros of e commerce cons come in disguise in the face of insecurity. References Atypical antipsychotic causes weight gain by targeting serotonin receptor 2C. (2017).Clinical Pharmacist. https://dx.doi.org/10.1211/cp.2017.20203665 Demirkan, H. (2015). Special Section: Enhancing E-Commerce Outcomes with IT Service Innovations.International Journal Of Electronic Commerce,19(3), 2-6. https://dx.doi.org/10.1080/10864415.2015.1000214 Editorial Board. (2017).Electronic Commerce Research And Applications,26, i. https://dx.doi.org/10.1016/s1567-4223(17)30089-3 , Jaewook Lim. (2012). Impacts of Social Commerce in E-commerce : In perspective of Social Commerce Analysis Model.International Commerce And Information Review,14(1), 389-410. https://dx.doi.org/10.15798/kaici.14.1.201203.389

The Essence Of Power - Hitler V. Ghandi Essays - Hitler Family

The Essence Of Power - Hitler v. Ghandi In the late 1800's and the early 1900's the people of northern Europe, southern Africa and Asia were in despair. They had no leaders. They were defenseless. India had been taken over by the British Empire and now the 315 million Indians were under the rule of the 100 thousand British soldiers there. In Germany there were six different political groups; nobody knew what to do. These countries were in shock, they need a change, but more importantly, they needed a leader. Mohandas K. Gandhi was a law student, born and raised in India, but schooled in England. Early on in his career he returned to his birthplace and attempted to practice law there, but he was very unsuccessful. A few years later he moved to South Africa, and again attempted to set up a law practice there. But South Africa was now in British control and the Indian lawyer was subjected to a lot of racial prejudice. Almost immediately he was abused because of his heritage and his law practice went down the drain. Gandhi began to notice the awful discriminations that all Indians suffered from. In 1894 he began a movement that would shape the way that Indians are viewed even today. He began to take charge; he began to lead his people. Adolf Hitler was born in Braunau, Austria in 1889, about the time that Gandhi was realizing his mission in life. Like Mohandas K. Gandhi, Hitler was very smart as a child. Being the son of a public servant, he was able to attend the best schools and was able to partake in any extra-curricular activities he desired. All his father wanted was for his son to follow in his footsteps and attain the rank of public servant or even better, but the boy was very stubborn and when his father refused to let him chase a career as an artist, he decided to stop doing his work, and his grades began to fall drastically. When his father died he quit school and for the next few years lived off his family's money. He did nothing but read books, draw pictures and daydream all day long. When he was 18 (in 1907) he moved to Vienna, the capital of the Austro-Hungarian Empire and tried to get into an art school there. But unfortunately for the world, he failed his entrance exams, twice. His mother died a few years later and he inherited quite a bit of money, so for the next part of his life he lived quite comfortably in Vienna as an "artist." Around this time Hitler became very interested in politics. He joined the military and became a Social Democrat. He developed a huge hatred for Jews and Slavs and became an extreme nationalist. He recognized that no form of government could ever last as long as the people of all different nationalities were treated equally. When the war broke out in 1914, Hitler immediately volunteered. He was accepted and served as a messenger. But Hitler was too smart to stay as merely a messenger. His knowledge of war and his extreme military tactics helped him to achieve the rank of corporal. After Germany's defeat in World War I, the country went into a state of turmoil. When Hitler recovered from the shock of having lost the war, he joined a small political group called the German Workers Party. He quickly gained rank and changed the name of the political group to the National Socialist German Worker's Party. The NSGWP was soon to take over the title of Nazis. In May of 1929, the NSGWP had only about 3% of the Germans following them, but by the time Hitler took over in 1933, around 35% of Germany were backing the Nazis. In 5 years Hitler had taken over the NSGWP and Germany. Hitler rose because Germany needed a leader, and that was exactly was he offered them. Hitler and Gandhi both gained the respect of their people in very short periods of time. They both even used some of the same techniques. Both Hitler and Gandhi knew that writing and having his thoughts and ideas published was very important,

Wintergreen for precedent Essay Example For Students

Wintergreen for precedent Essay The country lies mired in a painful economic downturn. One party has held a 12-year lock on the White House. The fall election campaign is stuttering forward, looking for a defining issue. Strenuously avoiding anything resembling a position, one of the candidates sweeps to victory on the Love platform, marrying a wholesome girl (who can really bake corn muffins) and winning over the voters by showing them the very model of a modern American couple. Suddenly a scandal erupts involving a broken promise to a beauty queen by the new Presidentrotten timing, too, because the First Lady has just struck a blow for family values by delivering newborn twins. An international incident is averted when the heretofore ineffectual Vice President marries the beauty queen, and the Union is saved. This tabloid account of a misbegotten political season (ripped from todays headlines!) explains why that landmark American musical Of Thee I Sing is once again sweeping the country. The 1931 collaboration of George S. Kaufman and Morrie Ryskind (book) and George and Ira Gershwin (music and lyrics), which opened on the day after Christmas in a year that found Americans confidence in their elected government at an unprecedented low, seems eerily prescient this year. No wonder four regional theatre companies have scheduled campaign-season productions: Washingtons Arena Stage, Pennsylvanias Bloomsburg Theatre Ensemble, the Cleveland Play House and Chicagos Remains Theatre. We will write a custom essay on Wintergreen for precedent specifically for you for only $16.38 $13.9/page Order now Of Thee I Sing helped shape the still-forming American musical by its emphasis on integrating musical numbers into the forward movement of the plot, but its primary interest today lies in the free-wheeling, unrestrained satire of Kaufman and Ryskinds book and Ira Gershwins lyrics. Taking a page from Gilbert and Sullivan (especially Gilbert, whose gift for political satire sometimes doesnt translate transatlantically), the collaborators paint a portrait of a political world bereft of ideals, ideas or integrity. In an early scene set in the archetypal smoke-filled hotel room, a political operative declares that the people of this country demand John P. Wintergreen for President, and theyre going to get him whether they like it or not. And, between you and me, gentlemen, I dont think they like it. A moment later another opines that the party might have made one bad mistakethey never should have sold Rhode Island. But the candidate himself knows how to handle that little problem: Ill tell you what! Well leave it out of the campaignnot mention it! When Throttlebottom, the nearly invisible candidate for V.P., wonders what to do if an opponent should happen to bring it up, Wintergreen knows the drill for that situation too: Dont answer em! It takes two to make an argument. THAT THESE SNIPPETS OF POLITICAL strategy would probably ring true in the mouths of the likes of Ailes, Carville, Matalin and Bakeror the gentlemen they profess to servehelps create the uncanny sensation that Of Thee I Sing has somehow been surreptitiously adapted to present circumstances. But Kaufman and Ryskinds satirical venom, for the most part, doesnt require updatingtwo or three politically incorrect moments notwithstandingbecause the level of political discourse in America has so manifestly not progressed in the 61 years since Of Thee I Sing premiered. And the satire (what closes on Saturday night, as Kaufman referred to it) is blended with the confectionery materials of the musical comedy form and wrapped in Gershwins witty, essentially cheerful score (imagine, for contrast, a Weill or Blitzstein setting of the same materials), creating a piece with complexities of tone and style that defy formulaic interpretation. Oklahoma! is Oklahoma! is Oklahoma! (at least until a Western Revisionist Historian gets hold of it), but Of Thee I Sing sparks divergent responses in the four directors who are grappling with it across this land of ours. .ua56643b6dd532a9b5693d8ada09863a7 , .ua56643b6dd532a9b5693d8ada09863a7 .postImageUrl , .ua56643b6dd532a9b5693d8ada09863a7 .centered-text-area { min-height: 80px; position: relative; } .ua56643b6dd532a9b5693d8ada09863a7 , .ua56643b6dd532a9b5693d8ada09863a7:hover , .ua56643b6dd532a9b5693d8ada09863a7:visited , .ua56643b6dd532a9b5693d8ada09863a7:active { border:0!important; } .ua56643b6dd532a9b5693d8ada09863a7 .clearfix:after { content: ""; display: table; clear: both; } .ua56643b6dd532a9b5693d8ada09863a7 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua56643b6dd532a9b5693d8ada09863a7:active , .ua56643b6dd532a9b5693d8ada09863a7:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua56643b6dd532a9b5693d8ada09863a7 .centered-text-area { width: 100%; position: relative ; } .ua56643b6dd532a9b5693d8ada09863a7 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua56643b6dd532a9b5693d8ada09863a7 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua56643b6dd532a9b5693d8ada09863a7 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua56643b6dd532a9b5693d8ada09863a7:hover .ctaButton { background-color: #34495E!important; } .ua56643b6dd532a9b5693d8ada09863a7 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua56643b6dd532a9b5693d8ada09863a7 .ua56643b6dd532a9b5693d8ada09863a7-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua56643b6dd532a9b5693d8ada09863a7:after { content: ""; display: block; clear: both; } READ: Past imperfect Essay For Arena Stages Douglas C. Wager and Remains Theatres Larry Sloan, there is a fundamental edginess at the heart of the piece. According to Wager, the play is deeply angry and deeply cynical on a number of fronts. Thats the very contemporary thing about it. Theres absolutely no ray of light for the democratic process. Sloan finds it highly cynicalwritten at a time when public cynicism toward its leaders was as high as it is today. He notes that you didnt see this surge of interest in the piece during the Reagan era, when it was morning in America all day long for eight long years. And yet for David Moreland, directing the play with a cast of 13 augmented by puppets, cardboard cutouts and plenty of a vista costume changes at the Bloomsburg Theatre Ensemble, there is nothing bitter or cynical or angry about it; it pokes fun at everybody without offending anybody. Moreland finds the whimsical spirit of the Jazz Age, tempered by the economic problems of the Depression to be the guiding tone of the work. And Peter mark Schifter is determined that his Cleveland Play House production will be funny and brightI dont want it to get bitter. That was territory that Kaufman and Gershwin explored in Let Em Eat Cake, where they went over the edge. Schifter recalls a conversation with Representative Barney Frank of Massachusetts in which Frank characterized politicians as simultaneously tough, cynical and optimistic about America, and the director hopes that this same union of seeming opposites will ensure that on his stage the tone that emerges is a belief in our country. Bitter or optimistic, cynical or whimsical? Perhaps the mark of a substantial work of art is its capacity to stimulateand toleratea variety of responses. WHETHER PITCHED IN A MAJOR or minor key, however, there is one inescapable fact about Of Thee I Sing: its big. The original cast numbered some 60 actors, singers and dancers, as well as a featured band. Even in its palmiest days, all LORT would have collectively quailed at the weekly payroll of such a behemoth. Not surprisingly, each of the four current productions has found ways to realize the energy and style of the piece with substantially reduced forces. Necessity being the mother of convention, both Wager and Moreland are employing actor-manipulated puppet heads to fill out the nine Supreme Court justices. Wager, inspired perhaps by the success of the two-piano Most Happy Fella, and seeing the piece as belonging to the tradition of political cabaret (I started to think, he notes, that it should be something like a cross between That Was the Week That Was and Gilbert and Sullivan), commissioned such an arrangement from Russell Warner, supporting an ensemble of 24 actors. Larry Sloan will fill his 250-seat thrust-stage space with a cast of 25, using two pianos assisted by percussion. The Bloomsburg groups cast of 13 will sing to music director Bill Deckers piano/sampler/percussion accompaniment. Schifters Cleveland production is probably the closest to a revivalist mounting, both in scal e and aesthetic approach. Im not a particularly conceptual director, Schifter comments, but anyway why would you do that with this show? He has at his disposal the seemingly standard 25 actors, but he adds a pit orchestra of two pianos and eight to ten other players. We couldnt really get any more people on stage, he says. Of course I kept offering to cut some stuff and they kept saying no, no, no so I guess this had better be a hit. The Roman satirist Juvenalwhose name is remembered in an adjective describing a particularly bitter strain of the genreonce said, Difficile est saturam non scribereit is hard not to write satire. The form flourishes in those ages that see commonsensical realities drowned in an inflationary tide of rhetoricwhen the Emperors nakedness becomes visible to most and strenuously denied by some. It is a genre that Americans have not traditionally embraced or excelled at, perhaps because of the innate (though embattled) optimism of our national project. Imperial Rome, France from Louis XIV to the Revolution, the England of Walpole (and incidentally Pope and Swift and Fielding)these decadent societies inspired satirists in every literary form. There is an antisatiric strain in America, an attitude that almost seems to say dont make fun. Our collective national parents have taught us that if we dont have anything nice to say, we shouldnt say anything at all. .u2d61cb365ff9504eded2391f0f6a4b56 , .u2d61cb365ff9504eded2391f0f6a4b56 .postImageUrl , .u2d61cb365ff9504eded2391f0f6a4b56 .centered-text-area { min-height: 80px; position: relative; } .u2d61cb365ff9504eded2391f0f6a4b56 , .u2d61cb365ff9504eded2391f0f6a4b56:hover , .u2d61cb365ff9504eded2391f0f6a4b56:visited , .u2d61cb365ff9504eded2391f0f6a4b56:active { border:0!important; } .u2d61cb365ff9504eded2391f0f6a4b56 .clearfix:after { content: ""; display: table; clear: both; } .u2d61cb365ff9504eded2391f0f6a4b56 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2d61cb365ff9504eded2391f0f6a4b56:active , .u2d61cb365ff9504eded2391f0f6a4b56:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2d61cb365ff9504eded2391f0f6a4b56 .centered-text-area { width: 100%; position: relative ; } .u2d61cb365ff9504eded2391f0f6a4b56 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2d61cb365ff9504eded2391f0f6a4b56 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2d61cb365ff9504eded2391f0f6a4b56 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2d61cb365ff9504eded2391f0f6a4b56:hover .ctaButton { background-color: #34495E!important; } .u2d61cb365ff9504eded2391f0f6a4b56 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2d61cb365ff9504eded2391f0f6a4b56 .u2d61cb365ff9504eded2391f0f6a4b56-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2d61cb365ff9504eded2391f0f6a4b56:after { content: ""; display: block; clear: both; } READ: Jane Greenwood: the making of a mentor EssayBut the satiric impulse will not be silenced, and in times of crisis or torpor, when pomposities need pricking or lies unmasking, Juvenals words ring true again. In 1992, as in 1931, we contemplate our destiny through the medium of our politics. It is hard not to write satire. And it is hard to imagine a more engaging or timely theatrical essay in the form than Of Thee I Sing.

Judgment (Poem) essays

Judgment (Poem) essays Judgment, we put on each and every individual who lives and breathes. Whether it is black, white, short, tall, fat or thin. In this domain, it seems we cannot win. Be not judgmental, says our father who art I heaven. This being one of the fewer sins we take the credit, yet for granted. Wondering eyes send tremors piercing through my soul. Why? Because society says its right. Driven with the need to feed and provide; With mind, body and soul, the unfailing love I store inside. For those who are still asleep in this society- built world. The prejudice imposed by society I suppose. Wishing they can open their eyes; and feast upon reality inside. I live this lesbian life, like a man searching for that beautiful queen, to call my wife. Im now hated and judged- misjudged I believe. Unable to endure what people perceive, Yet ready to show love, give love to all whom will receive. No one said stop the world for love that lies within. Woman stand tall and live life as you see, Be who you want to be, disregard society. Some say Im not heaven material. Are we not all from the man up above? Right is right and wrong is right too. Only in your eyes, you cant see the things you do. Worrying about what he, she, it or they are doing. Stop! Sit, Contemplate and regulate your mind, thoughts and self- control. Think about what is happening to your society- built soul. When the world roars in distaste for your soul, Its too late, to transform your thoughts. By me communicating how I think, makes me society- built. Stating the way I feel makes me the judgmental person that so ...

EC 202 Essay Example | Topics and Well Written Essays - 1750 words - 2

EC 202 - Essay Example Even recession in other foreign countries also have an effect in demand of a product of United States. After falling of aggregate demand, if there are no chances of raising it, then the producers will bring down the production level and to maintain the cost they will lay-off employees. This leads to increase in unemployment. As output is low, the demand for money will also get lower and that is why interest rate will be low. Here, price level will be become unchanged. The second shock is based on money and recession caused by credit limits. It is mainly caused for the low money supply and velocity with rises in price index. The reason behind it is tightened monetary policy where financial institutions try to reduce the amount of loan. As the money supply is low, the interest rate will become high which directly affects the demand for goods. And again same as demand caused recession the output and employment will be low. The third shock is cost- push inflation. It occurs mainly because of increase in the cost. At the first stage, it happens because of the raise of wage which ultimately raises the cost and then the price also. So, demand will become low and a result of that production will also be low and employment will get effected. Because of high level of price demand for money will raise which means interest rate will also rise. These are the effects of cause - push inflation. Growth problem indicate the higher level of gross domestic product (GDP). However, GDP increase the demand for money and so the interest rate becomes high but the demand for goods is comparatively low that is why producers start producing less which brings down the output as well as the employment. Ultimately the demand for money will become low which will lead to fall in interest rate. It is not necessary that inflation will happen because of the money every time; it can be caused by demand also. The relationship