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4 years ago

Essay on inflation (350-450 words)

English

1 answer:

love history [14]4 years ago

5 0

Answer:

Explanation:

Inflation is often defined in terms of its supposed causes. Inflation exists when money supply exceeds available goods and services. Or inflation is attributed to budget deficit financing. A deficit budget may be financed by additional money creation. But the situation of monetary expansion or budget deficit may not cause price level to rise. Hence the difficulty of defining ‘inflation’.

Inflation may be defined as ‘a sustained upward trend in the general level of prices’ and not the price of only one or two goods. G. Ackley defined inflation as ‘a persistent and appreciable rise in the general level or average of prices’. In other words, inflation is a state of rising price level, but not rise in the price level. It is not high prices but rising prices that constitute inflation.

Inflation may be caused by a variety of factors. Its intensity or pace may be different at different times. It may also be classified in accordance with the reactions of the government toward inflation.

Thus, one may observe different types of inflation in the contemporary society:

i. Currency Inflation

ii. Credit Inflation

iii. Deficit-Induced Inflation

iv. Demand-Pull Inflation

v. Cost-Push Inflation

Inflation is mainly caused by excess demand/or decline in aggregate supply or output. Former leads to a rightward shift of aggregate demand curve while the latter causes aggregate supply curve to shift leftward. Former is called demand-pull inflation (DPI) and the latter is called cost- push inflation (CPI).

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3 years ago

What is one way to appeal to ethos ?

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3 years ago

If you were to change the ending of the story ‘After Twenty Year' what would it be. Write in about 60-80 words

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Answer:

An alternative ending to the story could be that Bob recognized Jimmy and left a note for him.

Explanation:

After Twenty Year is a short story written by O. Henry. The story is about two fast friends, Jimmy and Bob, who decide to meet exactly at the same place after twenty years. The ending that O. Henry gave to the story was Jimmy, who had become a cop, get his friend Bob arrested, a most wanted criminal.

An alternative ending to the story could be that Bob recognized Jimmy and left a note for him. It can be an alternative ending because Bob recognized that the tall man was not Jimmy because of his nose, then he must have recognized Jimmy's features as well.

So, an alternative ending is written below,

After the cop and Bob bid each other a good night, Bob stood there in the dark silent night. Bob had recognized the cop and knew he was Jimmy, his old friend. The irony of the situation was that they both recognized each other but could not reveal their identity because of the professions they have taken. One had become a faithful cop of his city, New York; while the other had taken on a profession of crime in the West.

So, after the cop left the place, Bob was happy to see his old friend after a long time. Bob also knew that Jimmy has recognized him, the most wanted criminal of the West. So, he left a note for him because he knew that he would make arrangements for his arrest.

The note said:

Dear Jimmy,

I had a great twenty minutes with you. I had recognized you and also knew that you recognized me and knew what profession I have taken.

I am happy that you still a man of your word, you fulfilled your promise by coming and meeting me. And, I also know that you are a faithful cop.

So, I am leaving this note for you!

Bye!

Bob.

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3 years ago

Culture and Setting in "The Yellow Wallpaper" Directions: Beside each bracket, label the parts of the Cultural Analysis (essay)

Harlamova29_29 [7]

This is the information that corresponds to "The Yellow Wallpaper":

Thesis:

The thesis of the text is that women are often underestimated or ignored because people believe that men know best, even when it comes to women's own health.

The oppressed group:

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The explanation of the symbol:

The symbol in this text is the pattern that is found in the yellow wallpaper of the room. The pattern is one that resembles cage bars. This is meant to be a symbol for how the main character is trapped in the room and in her own mind.

How the main character reacts to it:

The main character is driven insane by the pattern, as she starts to believe that there is a woman trapped behind it.

The meaning or overarching message of the story:

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4 years ago