Letter B Coloring Book - Free Printable Pages

Essay on The Government Stimulus - 1697 Words

In these current economic times, people have lost jobs. People have lost faith in the economy since the worth of their money keeps falling. Businesses are failing left and right because of the lack of confidence in the system. Banks have folded because of the amount of people who are unable to pay their loans, leaving the banks without funds. The auto industry is failing as people cannot afford the new cars being produced by Detroit. Confidence in the economic system of the United States is very low. How can the country recover from this economic recession? Some economists would say that the government should step in to save the day by pumping funds into the system. President Obama signed a massive stimulus bill in an attempt to turn the†¦show more content†¦See Figure 1 To help gain support for the bill, President Obama made statements about how the bill would help the economy. In his January 10th radio address, President-elect Obama said: †¦I asked my nominee for chair of the Council of Economic Advisers, Dr. Christina Romer, and the vice president-elects chief economic adviser, Dr. Jared Bernstein , to conduct a rigorous analysis of this plan and come up with projections of how many jobs it will create—and what kind of jobs they will be†¦ The report confirms that our plan will likely save or create 3 to 4 million jobs†¦ The jobs we create will be in businesses large and small across a wide range of industries. And theyll be the kind of jobs that dont just put people to work in the short term, but position our economy to lead the world in the long-term†¦ The jobs being created by the House bill could cost as much as 2.5 times more than jobs created without the stimulus bill. (Grassley) The funds from the bill were to be allocated to different projects that were designed to create jobs. Part of this was a distribution of the funds to states based on how effectively they would use the funds (Chenn). In an article quoted by Chenn, Daniel Wilson says that the bill is aimed at states that are in need of funds, therefore they will spend the moneyShow MoreRelatedGovernment Intervention in the Economy: Are Monetary and Fiscal Stimulus Policies Possible Tools for Getting an Economy Out of a Recession2541 Words   |  11 PagesSubject Area: Economics Topic: Deficit Spending Essential Question: Should the government use instruments of monetary and fiscal stimulus policies to reactivate the economy? Imagine people living in parks called Bushville’s, lines for soup kitchens that go for blocks, and all across the country kids running away from home travelling on trains searching for your next meal. This is just a taste of what 2009 could have been, but thankfully, the year did not go down this way although it will be rememberedRead MoreThe Recession Of A Recession1035 Words   |  5 Pagescrisis, numerous government policies were enforced. A recession usually last 6 to 18 months and interest rate fall to stimulate the economy. During a recession, people tend not to spend, borrow, but to save money because of a fall in confidence. The government initiates an expansionary fiscal policy which involves increasing stimulus government spending and cutting taxes. However, the question is can increased stimulus spending help end the recession. The first article, â€Å"Increased Stimulus Spending CanRead MoreU.s. Economic Stimulus Package843 Words   |  4 Pages U.S. Economic Stimulus Package Jason Leitch-Williams St. Gregory’s University U.S. Economic Stimulus The Great Recession has been one of the largest fiscal crises of the current generation and the economic downturn that resulted has been recorded as the longest and most severe since the Great Depression (The Impact of the Recovery Act on Economic Growth). Although the economy has reached a stage of recovery, the effects of the recession to real GDP can be seen in business cycleRead MoreFinancial Crisis During World War II1119 Words   |  5 Pagesfeel the onset of a recession or the economy starts to slow down, the government looks to restore the economic growth through different stimulus plans. The recession of 2008 was one example. When the housing bubble burst it caused panic with quick financial fallout, â€Å"the government took immediate measure to stimulate the economy back to normal and to restore confidence in the economic market†. Congress approved the Economic Stimulus Package in 2008 that the Bush Administration put together. â€Å"The packageRead MoreGlobal Economic Recession Essay810 Words   |  4 PagesCountries began taking action in 2008 by implementing stimulus packages and bailout plans, which can help a country locally, federally and on a global scale. The United States stimulus package has been in effect for over a year and they have been distributing bailout money to large corporations, investing in infrastructure and public services as well as investing into green incentives. The States were one of the first countries to begin a stimulus package in 2008 under the Bush administration. InRead MoreThe Great Recession Fiscal Policy: Analyzing Problems and Solutions1429 Words   |  6 PagesAs a result of the Great Recession of 2007 to 2009, the United States government implemented various fiscal policies in an effort to stimulate the economy. How the government responded as well as how those responses will affect the U.S. economy into the future are the focus of a proposed research study. In order to ensure an appropriate focus for the proposed research study, problems in existing literature must be evaluated. This paper is structured as follows. In order to better understand theRead MoreKeynesian Vs Real Business Cycle School741 Words   |  3 PagesEconomists have always had differing views on whether government stimulus packages help or hurt the economy when it’s in a recession. This stems from the same schools of economic theory as mentioned in the response to the first question above – Keynesian vs Real Business Cycle school. On one end you have the Keynesian philosophy, where government fiscal intervention during a recession is deemed necessary. It’s intention is to keep consumer spending afloat by way of public spending or altering theRead MoreFinancial Crisis During World War II1171 Words   |  5 Pagesonset of a recession or the economy starts to slow down, the government looks to restore the economic growth through different stimulus plans. The recession of 2008 was one example. When the housing bubble burst it caused panic with quick financial fallout, à ¢â‚¬Å"the government took immediate measure to stimulate the economy back to normal and to restore confidence in the economic market† (Mitchell). Congress approved the Economic Stimulus Package in 2008 that the Bush Administration put together. â€Å"TheRead MoreJohn Maynard Keynes s Economic Theories Essay1245 Words   |  5 Pagesexpectations. When an economy is in a recession Keynes proposed that the government should buy more output, employ more people, provide more income transfers and make more money available. Keynesian policy popularity changed significantly from the time of the Great Depression to today. During the time of the Great Depression, no one could figure out how to get people to keep spending, but then Keynes came along and suggested that the government must spend the money when all else fails. Keynesian policy wasRead MoreFiscal Policy On Employment, Potential Gdp, And The Economic Growth Rate935 Words   |  4 Pageshistory of tax revenues, outlays, deficits, and debts†. The second object is to â€Å"explain how fiscal stimulus is used to fight a recession†. The third objective is to â€Å"explain the supply-side effects of fiscal policy on employment, potential GDP, and the economic growth rate†. The federal budget has two main reasons it was created. The first is to fund the activities of the federal government. The second was and still is to attain macroeconomic objectives. In order to create the Federal Budget

Ottawa Charter Action Areas-Free-Samples for Student-Myassignement

Question: Discuss about the Ottawa Charter Action Areas. Answer: Ottawa Charter Action Areas Diabetes is increasingly becoming a health risk among young people in Australia. Ottawa Charter has described five actions to assist in reducing the risk. The first action involves developing an individual skill set. For example, a person may attend awareness meetings that educate them on the appropriate diet to take (Maximova, Hanusaik, Kishchuk, Paradis, OLoughlin, 2016). The second action involves strengthening a community through health walks to various health centers to visit the sick and also educate other members about the dangers. The third action involves the reorientation of the health facilities through upgrade their systems to help detect this disease at an earlier stage. The fourth action is creating a supportive environment through donations from organizations to help facilities increase their medicine supply (Thompson, Watson, Tilford, 2017). Lastly, it is also essential to build health policies such as the introduction of physical activities in schools to ensure tha t students keep their bodies fit. These actions have a link among individuals, community, and the government. Each group requires the participation of the other to achieve the ultimate health goal. References Maximova, K., Hanusaik, N., Kishchuk, N., Paradis, G., OLoughlin, J. L. (2016). Public health strategies promoting physical activity and healthy eating in Canada: are we changing paradigms? International journal of public health,61(5), 565-572. Thompson, S. R., Watson, M. C., Tilford, S. (2017). The Ottawa Charter 30 years on still an important standard for health promotion.International Journal of Health Promotion and Education, 1-12.

Corporate Finance for Introduction to Accounting- myassignmenthelp

Question: Discuss about theCorporate Finance for Short Introduction to Accounting. Answer: Introduction A cash-generating unit is the smallest identifiable group of assets capable of generating cash inflows that are, to a large extent, independent of cash flows derived from other assets or groups of assets. Impairment is important and therefore,An organization should evaluate if there are indications that any asset or, if applicable, any cash-generating unit may be impaired, in which case, it must estimate its recoverable amounts by making any applicable corrections (Hitchner, Hyden and Mard, 2013). intangible assets are irreplaceable as a source of cash flow generation for a number of entities around the world. The presentation and disclosure of information of this item constitutes a challenge for the accounting systems and for the profession in general.International regulatory agencies have expressed the need to achieve a high degree of standardization in accounting practices, the subject of intangible accounting is at the apex of the pyramid in issues of importance and topicality (H itchner, Hyden and Mard, 2013).This paper presents a summary of the basic criteria for accounting for intangible assets by several accounting standard setting bodies in the world. The term "purchased goodwill" and "intangible asset" is sometimes referred to as synonymous, but the differences between the two are deep; the definition of acquired goodwill evidences it:Goodwill is the future economic benefits from assets that have not been individually identifiable and recognized separately."The calculation of the useful life can be determined by reference to the time or units of production. Assets with an indefinite useful life are not amortized. The entity shall disclose all relevant information according to the "usefulness paradigm for decision making". It seeks the adequate information to the users framed within groups of interest, as is deduced from the pretension of the New International Financial Architecture. Impairment loss In case the company must recognize an impairment loss of a cash-generating unit to which all or part of a goodwill has been allotted, it will first reduce the book value of the goodwill corresponding to that unit. If the impairment exceeds the amount of the latter, secondly, it will reduce in proportion to its book value the other assets of the cash-generating unit, up to the limit of the greater of the following: its fair value less costs to sell and its value in use (Rajasekaran and Lalitha, 2011). Assets with definite or indefinite useful lives The 5th standard of valuation of the General Accounting Plan, related to intangible assets, establishes that for the subsequent valuation of the same it must be assessed whether the useful life of the intangible fixed assets is defined or indefinite. Problem of impairment of goodwill :We know that a fixed asset with a definite useful life will be amortized in a systematic and rational way, taking into account its life and residual value.On the other hand, an asset with an indefinite useful life will not be amortized, although its possible deterioration should be analyzed, whenever there is evidence of it, at least annually (Anil Kumar, Kumar and Mariyappa, 2010). How this affects the Goodwill The Goodwill may only be included in the asset when its value is evidenced by an onerous acquisition, in the context of a business combination. Goodwill will not be amortized. Instead, the cash-generating units to which the goodwill has been allocated shall be subject at least annually to the impairment test, where appropriate to the recording of the impairment charge. The impairment losses recognized in the goodwill will not be reversed in subsequent periods. How we interpret this When we acquire a business in progress, we assume both its assets and its liabilities. The difference between one and the other would be the net value of the business but, nevertheless, we must pay a higher price for it, this would be the Goodwill.The goodwill, therefore, appears as an intangible asset in a business combination and will remain there, without being amortized, until we are aware of its possible deterioration (Sellhorn, 2004). If over time we estimate the impairment, at the end of the year we must do the following: First, we must calculate the value of the cash generating unit where the fund is recognized. That is, we assume that the business in progress had a series of assets and liabilities that, over time, will have changed (debts that have been paid, clients that we have already collected, items of property that are being amortized, etc.) (Hitchner, Hyden and Mard, 2013).Second, We compare it with the current value of the cash flows that we estimate will generate this cash-generating unit. If, in fact, we understand that there is a impairment, we take it as a valuation correction of the Goodwill; taking into account that, since it is not reversible, we must pay it in the Fund's own account. In the event that the company must recognize an impairment loss of a cash-generating unit to which all or part of a goodwill has been allotted, it will first reduce the book value of the goodwill corresponding to that unit. If the deterioration exceeds the amount of this second, it will reduce in proportion to its book value the remaining assets of the unit generating cash.Therefore, we first account for the deterioration of the Goodwill, paying in its own account, since it is not reversible (Barker, 2011). The historical value of these assets must correspond to the amount of clearly identifiable expenditures in which they are actually incurred or must be incurred in order to acquire, form or use them. , which, when applicable, should be re-expressed as a consequence of inflation. Acceptable methods for amortizing them are straight-line items, production units and others of recognized technical value, which are adequate according to the nature of the corresponding asset. Also in this case must choose the one that best complies with the basic standard of association (Weil, 2017). Conclusion Impairment losses consist of asset value adjustments (current assets, property, plant and equipment, intangible assets, financial instruments) that correspond to impairment losses reversible. "An impairment loss on the value of an item of property, plant and equipment when its book value exceeds its recoverable amount, this being understood as the greater of its fair value less costs to sell and its value in use. The recognition of this loss generates an expense in the profit and loss account, as well as its reversion, an income (Thomas and Ward, 2015). It should be taken into account that the reversal of the impairment shall be limited to the book value of the property, which would be recognized at the date of reversal if the impairment had not been recorded. References Anil Kumar, S., Kumar, V. and Mariyappa, B. (2010).Corporate accounting. Mumbai [India]: Himalaya Pub. House. Barker, R. (2011).Short introduction to accounting. Cambridge: Cambridge University Press. Harrington, J., Nunes, C. and Roland, G. (2010).2010 goodwill impairment study. [Morristown, N.J.]: Financial Executives Research Foundation. Hitchner, J., Hyden, S. and Mard, M. (2013).Valuation for financial reporting. Hoboken, N.J.: Wiley. Rajasekaran, V. and Lalitha, R. (2011).Corporate accounting. Noida, India: Pearson. Sellhorn, T. (2004).Goodwill impairment. Frankfurt am Main: Peter Lang. Thomas, A. and Ward, A. (2015).Introduction to financial accounting. London: McGraw-Hill Education. Weil, R. (2017).Financial accounting. [Place of publication not identified]: Cengage Learning.