Supply & Demand

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Economics is the study of how human beings their wants and desires, given the decision making mechanisms, social customs and political realities of the society. It is very interesting to see the different statistical results of each countries economic condition. This analysis is based on an article indicating the increase of prices on crude oil in the United States as of November 000.

Oil prices in the United States have great impact on the economy. A major increase in oil prices reflects that crude oil is an important source of energy for industrial countries. While petroleum prices are high and the U.S. economic activity appears to be decreasing, a projected growth and moderate inflation is forecasted for the next two years. Unless the prices of other goods and services decrease then the aggregate price level will rise. OPEC (Organization of Petroleum Exporting Countries) is one of the main reasons why petroleum prices exceed the supply/demand curve. They attempt to keep prices above their competitive levels by adjusting crude oil supplies. Within the United States oil is traded internally and its price does not depend on domestic supply and demand but also on foreign supply.

The supply of oil tends to be fixed in the short term, since it takes time to explore for new reserves or tap proven reserves. In an economists view, the supply curve for oil is inelastic in the short run. Accordingly an increase/decrease in the demand for oil will engender a disproportionate response on the price side. Real GDP grew at about 4.5% annual rate through the first three quarters of 18 and inflation averaged about 1.5%. One reason for increase is that the economy's production frontier has been shifting outward from the origin. The ability to produce proportionately more output,

accordingly, has enabled firms to keep labor cost in check. At a time when margins are being squeezed by higher labor costs and more recently by the sharp increase in energy prices, firm have been able to post significant profits which have accordingly boosted equity prices and engendered other economy wide benefits. (http//stlouisfed.org)

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Since there is a great demand of energy use in the United States, the supply curve has shifted where by there is a need for mass production rather than outsourcing. America's oil supply is not local and so suggestions have been made to go deep sea drilling in order to locate oil on our soil to match the demands and therefore decreasing the price by a great percentage and thus reducing inflation. A way of seeing how energy efficiency affects the economic performance is by considering energy usage by state. Nevertheless, we need energy to survive and if the demand is continuously growing then producers will have to match the supply curve for petroleum. Because pricing is a now a large function of market forces political or economic developments can sometime increase the wide spread oil prices. However, states whose industries have experienced below average increases in energy have had slower employment growth. Despite all the increases the United States economy have managed to cope with the latest oil increase.

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The Letter of The Scribe Nebmare-Nakht Ti His Apprentice

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In the letter of the Scribe Nebnare-Nakht to his apprentice exposes a significant amount of information of the status of the scribes in Ancient Egypt. Throughout the Ancient Egypt the status of the scribes was greatly speculated to be of noble eminence. Those who decided to become scribe was giving that was worth while. Also the status of being a scribe surpassed the prestige of all other jobs the were available at the time. Such as being a merchant, peasant, cobbler, washer man, carpenter, etc...

The scribes in Ancient Egypt have a verity of responsibilities, which were said to be very prudent from the responsibilities of the other positions. Their responabilities entailed taking notes of all the output in the society's way of going about their lives. Scribes, in some occasions had to note down the nature of moving objects. As well as surveying the harvest and the lands of Egypt. Then to go to comment on its nature as well. Scribes were also required to attend various scenarios to jot or take notes of hardships, deaths and common exercises of merchants, and soldiers. Also anything that pretended to nature had to be registered through the scribe.

There are many traits that can be revealed about the general structure of Egyptian society. I first noticed that Egyptian society is very complex and frantic.

This is due to all the activities that are occurring at the same time by the significant amount of inhabitants with diverse positions. Egypt is a place where a lot of trade occurs. The trade that happens in this society consists of many types of goods, due to the fact that most people do not occupy there lives the same way. The goods that these people exchanges and reproduce are the ones that they can fabricate with ease and have been accustomed to by there past generations to learn and practice. Most of the occupations that people in Ancient Egyptian society hold are very straining and not outrageously rewarding occupations. Being the prime breeder of the household is not any easy task, with the exception of being a scribe.

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The Scribe is justified accordingly, considering the status level of scribes in Ancient Egyptian society. Lets define the statues level of the scribe in this society to be able to support my opinion as to why the basis of the scribe is not justified. In Ancient Egypt being a scribe was a position of high nobility compared to the other positions that were available. Those who chose to be scribes had the opportunity of gaining trust with the King, as well as gaining entrance into treasury and grenary. Their superiors usually advanced the scribes. One of the compliments of being advanced was that they were given offices by their superior. Therefore the bias of the scribe is substantiated, due to how the scribe were brood over in society of Ancient Egypt.

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The American Dream's Destruction of Willy Loman

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In Arthur Millers Death of a Salesman, the main character, Willy Loman, destroys his life while chasing the American Dream. Willys idea of the American Dream is achieving monetary success. Willy Lomans ambition to achieve monetary success destroys his life. This goal of money leads to the demise of his relationship with his family and eventually his life.

It is clear that Willy Loman raised his son, Biff, to do whatever it takes to gain monetary success. When Biff first returns home in the play, Willys first question is how much money he is making. This question is just a preview of Willys obsession with money. When Willys brother, Ben, comes to visit, Willys lesson of doing anything to get rich is evident. Ben says to the boys, Why, boys, when I was seventeen I walked into the jungle, and when I was twenty-one I walked out. And by God I was rich. ( ). The jungle that Ben is referring to is the African jungle. Ben became rich because he went into Africa and stole diamonds from the countrys mines. The significance is Willy introduces Ben as a great man. This acceptance of Bens actions shows Willys message to his sons to get rich any way possible. Also, because of his obsession with money, he leads his children into lives that he wants for them and not necessarily what they want. This ambition for monetary success is Willys tragic flaw and through his message he passes his flaw onto his children.

Willys fixation on money eventually costs Willy his life. When Willy is fired from his job, he is unable to provide for his family and has to take loans from his neighbor, Charley. Charley offers Willy a job, but Willy refuses to be less than his friend by working for him and says, I--I just cant work for you, Charley. ( ). While out of a job Willy slips deeper into insanity. This is shown through his frequent hallucinations or daydreaming. Through these flashbacks Willy looses his grip on reality. Willy finally comes up with a way to make money. Towards the end of the play, in an imagined conversation with Ben, Willy says, Its twenty thousand dollars on the barrelhead. Guaranteed, gilt-edged, you understand? ( ). Ben responds by saying, You dont want to make a fool of yourself. They might not honor the policy. ( ). This conversation reveals Willys plan to commit suicide so his family can collect twenty thousand dollars in insurance money. Willy eventually follows through on his plan and commits suicide and his family does not even collect on the insurance money. This shows Willy firm belief in doing anything to get money by ending his own life for twenty thousand dollars.

Willy was so focused on getting monetary success that he allowed it to ruin his life. The biggest problem is that this ambition did not die with Willy because he passed it on to his children. In the end, Willy died chasing the American Dream.

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A Doll's House

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Analyze the plays final scene in terms of the plays overall meaning.

The final scene is extremely important in A Dolls House. The act is the deciding point of Noras life will a wonderful thing happen or not? It begins with a foil for Nora and Torvalds marriage. Mrs. Linde and Krogstads decision to be together can be seen as ironic in the context of Nora and Torvalds marriage because, Mrs. Linde and Krogstad both suffer from significant personal and moral problems, they have a better chance of a happy and true marriage than Nora and Torvald do. Mrs. Linde pleads revealing all to Torvald because, as her coming together with Krogstad suggests, she believes that it is possible to build a relationship of mutual dependence of shapeless characters as long as both parties are fully aware of each others motives. Mrs. Linde hopes that, through this, both she and Krogstad can become the better people they know that they can be.

The extent of Torvalds investment in a fantasy world and the importance of Noras false characterization is revealed when he describes how, at parties, he pretends not to know her so that he may seduce her all over again. And, perhaps more importantly, Nora is quite candid about her understanding of all this, telling him flatly that she knows.

Noras time at the party has been the first time that she has left the borders of the one room in the entire play. Moreover, she has to be dragged back in. It is Torvalds own desires to have Nora entertain him that necessarily forces Nora to journey into the real world. Also, she also temporarily leaves the room to exchange her party dress for everyday clothing, her first lone foray from the room. This new trend is the beginning of her final departure from the room. This departure ends the play, shattering the values that had supported the walls of the house.

When Nora leaves for the final time, she is leaving for reasons other than what she had intended at the beginning of the Act. Before Torvald confronts her with the letter, she is on her way to commit suicide, determined that Torvald should not have to sacrifice his life for hers. She considers this the appropriate thing to do because she believes that he would willingly give his life for hers as well. In this way, they have an equal relationship. However, she is extremely disappointed to discover that he clearly has no intention of sacrificing himself for her. Instead of refusing to abide by Krogstads demands and taking the blame on himself, Torvald accuses Nora of ruining his life, telling her that she will no longer be able to see her children or maintain their marriage except in public appearances. Nora even asks him whether he would give his life for her and her fears are confirmed when he answers that he would never sacrifice his honor for a loved one. Consequently, Nora resolves to leave Torvald, aware that true wedlock is impossible between them because neither of them loves the other, or is even capable of doing so. Nora realizes that, before she can be a wife, she must first discover herself through venturing out into the world. She leaves an unformed soul, determined to become a full person rather than the doll of the male figures in her life.

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Bound Man: A life of obstacles and limitations

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The Bound Man is a story of obstacles and limitations set forth before him. The story tells how the Bound Man uses his little freedom that he does have to his advantage. At the end, The Bound Man is finally free in his own way. This can be applied to life for all humans. At first we have very little free and a lot of limits. As we continue to grow, we find our freedoms and push back some of our limits. If we live our life to the fullest, our freedoms will be limitless, to a certain degree, and we would also work harder to push those limits back.

When a human is brought into the world, its limits are very limited. The boundaries created for it are very strict and its whole day is controlled. There are very few things that it can control. When it is able to do something it tries and tries until it is done right. Then it moves on to try to do something else better. Soon, what all is learned is interconnected with one another and is put to good use all at once. The same goes for the bound man. He has to realize what he can and can't do. Having to relearn his movements over again and to figure out what is possible. Trying and failing is what happened to him. But instead of giving up, he tried harder and the work that it took paid off. Soon all was interconnected and he was on his way to where ever he wanted to go. Both are good examples of trying and not giving up until what ever the goal maybe is completed.

Once a human gets use to his new surroundings, he can quickly exploit his limitations. He does this by trial and error and not afraid of doing something new. For instance, if he wants to learn how to do something good, he's going to have to practice it over and over again. At first it may seem that he can't do it but if works hard enough and doesn't let fear get in his way, he will learn to do it the right way. Once he learns to do it the right way, he can learn to do it more quickly than the last time. Once one does exploit their limitations, the freedom that one might encounter has the ability to increase as well. For example, if a kid doesn't know how to ride a bike. He can learn to ride it and once he does he has pushed back his limits. Once the limits are pushed back, he now has more freedom to go anywhere he wants because he has the transportation. In the case of the Bound Man, his current limitations would be that he can't go places very well. So he must figure out how to get from point A to point B. He realizes that he has to hop to get to places. Here we have the Bound Man pushing his limits back in the ability of going places. Once he did this, he increased his freedoms as well. It's all about turning some thing negative into something positive.

The Bound Man is easily related to life. From being born and trying to find your way in life. Finding your limits and creating more freedoms for yourself is what life and what The Bound Man was all about.

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Europe was primarily defensive not aggressive in the period 1945-55?

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The Soviet Union had fought alongside America and Britain, to defeat Nazi Germany, Italy and Japan in the Second World War. At the end of the war, devastation was wide-spread. The Soviet Union was terribly affected by war, ruined by war. Total Soviet casualties doubled those of any other nation. Millions were homeless, without husbands, without an economy to get them back on their feet. Now that the war had ceased, the USSR and United States had no reason to co-operate as they had previously. Instead of being allies, Stalin was now "deeply distrustful of the intentions of the West... " Stalin was determined to protect his country from an attack by Western powers. The Soviet Union was weak and vulnerable, and its leader, Joseph Stalin, was determined to build a both economically and militarily strong, secure nation. He would do anything in order to accomplish this goal, even if it led to protest, and attack, which can be interpreted as aggressive acts.

Joseph Stalin's foreign policy partly involved strengthening Soviet influence and preventing an invasion from any western country. In order to protect the USSR, Stalin wanted to establish pro-Soviet governments surrounding the Soviet Union. These pro-Soviet governments would act as buffer zones against another attack; Russia had previously been invaded three times by western countries twice by Germany, and in the Russian Civil War, causing substantial losses of lives and resources. Therefore, Stalin desired to safeguard Soviet security. These 'buffer zones' would "act as a barrier against further invasion of the Soviet Union from the West, " providing security for the USSR. He was determined to never allow such a devastating war and its terrible effects to destroy his country like it had after World War Two. At this point, it is understandable why Stalin would have wanted to defend his country from what he saw as threatening western powers. The United States did not understand Stalin's obsession for security, and thought he was trying to spread communism, especially when he wanted to create surrounding pro-Soviet states.

I agree that Stalin's foreign policy in Eastern Europe was defensive, but only up to a point. In his heart, it seems as if Stalin had not abandoned the idea of expanding world communist revolution. After the post-war years, when the Soviet Union had had time to recover from the effects of war, Stalin's policy changed from defensive to aggressive. This policy even led to the point in which Stalin wanted no intervention at all from the West in Eastern Europe. He aggressively and desperately desired total control, to dominate the whole of Eastern Europe and establish communist ideology.

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The door

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The Door

By Miroslav Holub

1. What is the poem's message? How does the poet convey this message?

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'The Door' by Miroslav Holub conveys one clear message, that of being open to the possibilities of life, whether they are good or bad. To effectively convey this message Holub uses many techniques in his poem.

The imperative "Go and open the door" begins the poem. This command is firm and because it is constantly repeated throughout the poem is a strong image in the readers mind. The image intended and conveyed is at a deep, metaphorical level. Literally it is simply the act of opening a door. Although when considered at a more profound level this door symbolises an obstacle and the act of opening the door symbolically shows compliance to the possibilities and opportunities that life offers. 'The Door' does not suggest that life offers positive possibilities, or negative for that matter but it does show that being open to the good or bad possibilities stimulates a change, however small it may be, "at least there'll be a draught".

Along with the imperative "go and open the door", Holub also uses repetition to suggest the possibilities that may be found on the other side of the door. Holub uses many "maybe"s, "or"s and "even"s to show different consequences that may be apparent once opening the door. Holub starts by conveying an image of "at tree" and other concrete objects. He introduces the idea of fantasy when he also suggests a "magic city" could be on the other side.

In the second stanza he suggests objects and situations that may relate to the reader, "Maybe a dog's rummaging".

The next image he introduces is of a fog "if there's a fog it will clear". This suggests that if at first it does not seem superb, it will change.

In the fourth stanza there is a rather sudden change in the poet's tone. In the previous stanza's the poem sounded realistic and even optimistic although now it is rather the opposite. The tone becomes pessimistic and depressive, "Even if there is only darkness ticking", creates a powerful, ghoulish image as it is not the normal.

The final thought of the poem is "at least there'll be a draught" which suggests that at least there will be something different, however small it may be.

Miroslav Holub creates emphasis by using indentation in two specific cases; "or the picture… Of a picture" in stanza two and "even if…. Nothing…. Is there… go and open the door" in stanza four. These examples of indentation indicate a second thought and create emphasis.

I believe the reason this poem is so effective is because of the simplicity of it. The poem's structure is of a list with "maybes" "ors" and "evens" to show all the possibilities that could be found once opening the door. The words and phrases are very simple and clear even though they have a deeper meaning the images are still well conveyed.

The poem is based on an extended metaphor, that of the door and the act of opening it. The door stands for an obstacle and by opening it suggests that you are opening yourself up to life.

Miroslav Holub has created a very simple yet powerful image in "The Door" and effectively conveys this image by the use of many techniques throughout the poem.

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