Friday, December 27, 2019

Life Skills And Adolescence Of Rural Background - 1563 Words

Life skills and Adolescence of rural background in India Dr. Rashmi Saxena, Assistant Professor, Shri Ramswaroop Memorial Group of Professional College, Lucknow E-mail: rashmi_phd1979@rediffmail.com Abstract Education plays an important role towards the overall development of human being. Education is preparing child to live life effectively in the contemporary society. Societies change over time and are not same at any point of time. Today, more and more societal pressures, greater complexity, uncertainty and diversity, rapid changes in the environment and continued deprivation put adolescents at the crossroads of their lives facing an uncertain future in facing the responsibilities of adulthood and to enter the world of work. Rural†¦show more content†¦They have unlimited energy, vitality and idealism, as well as strong urge to experiment and create a better world. Adolescents are, at the same time, a critical period for the development of self identity. The process of acquiring a sense of self is linked to physiological changes and learning to negotiate social and psychological demands of being young adults. In India today’s adolescents are exposed to more information and cultural alternatives than in earlier periods. This provides the adolescents with culturally diverse choices, which cannot be easily exercised due to economic dependence on parents and significant others. The adolescents have to prepare for global successful adult life of competition and independent functioning which is possible only through enhancing their psychological competencies. The education of young people and adolescents has been an issue of major concern in all parts of the world. Adolescence can be a stressful time not only for adolescents but also for parents and adults who work with the adolescents. Adolescents are dealing with the challenges of growing. They are going through puberty, meeting the changing expectation of other, and coping with feelings they not have experienced before. Problems Faced by Students from Rural Background in India While the environments in which adolescence live are certainly important, it’s crucial to note that theseShow MoreRelatedThe Effects Of Sexually And Domestic Violence On Adolescent Externalizing And Internalizing Behavioral Issues855 Words   |  4 Pages Moylan and colleagues (2010) results show that children who are exposed to ultimate violence such as child abuse and domestic violence are more likely to have internalizing and externalizing outcomes during their adolescent years. Summary of Background Literature: Children, in millions, are being raised in homes where only violence is prevailing. Not only is child abuse occurring, but also there is domestic violence which can result into serious complications as the children grow. Cases showsRead MoreEffects of Rural-to-Urban Migration on Childrens Wellbeing in China Hongwei Xu University1722 Words   |  7 Pagesand future education training for rural development. 5) The Causal Effects of Rural-to-Urban Migration on Children’s Wellbeing in China Hongwei Xu University of Michigan Yu Xie University of Michigan Population Studies Center Research Report 13-798 August 2013 Findings : 1) Because of migration from Rural to Urban the nutritional requirement are full filled. 2) Because of migration from Rural to urban there is remarkable academic achievements are seen. 3) The rural oriented children do not suffer fromRead MoreHearing Loss Among Individuals : Deaf And Hard Of Hearing Essay1143 Words   |  5 PagesThis literature review addresses the impact of hearing assistive technology and advanced testing that touches the lives of adolescences in educational settings who have a hearing disorder, affecting their life dramatically. 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Name: Thai Nguyen Phuc Dang ( Dom ) Teacher: Jack Moon ID number: 4956206 Due date: 04/05/2015 Subject code and title: EDU00004 – ACADEMIC AND COMMUNICATION SKILLS B â€Æ' Abstract School bullying is one of the issues being hotly debated today. It effects on daily life, psychological and physical of each student. This is the issue that parents and teachers must understand to be able to control their children in a better way. This report will show the acts and manifestationsRead MoreSexual Relationships1135 Words   |  5 Pages Background The attached process recording was from my initial, clinical meeting with E.W. My internship is at a School Based Youth Services Program (SBYSP). We are located on a high school campus and are primarily funded by the Department of Children and Families, the Division of Family and Community Partnerships. A few of the many services we provide are recreation along with individual, group, and family counseling. I have already developed a relationship with E.W. through our interactionsRead MoreThe Live Right, Play Right1459 Words   |  6 Pageslive right, play right institute focus on young men and women gifted with talents that makes them marketable in today society. It gives chances to unprivileged children, with low income backgrounds whom have the same educations, talents, and drive as the privileged children. We are open to all ethnic background for the same reasons we work with all ethnicity. To teach the American way of co-existing with different people in everyday livi ng. This is some of the keys we focus on for the successRead MoreTeaching the New-Learner1541 Words   |  7 Pagesthirty-percent, which means learners do not have seventy-percent of the required knowledge as they continue through the school education levels (Barry, 2014). Which in later years could be detrimental to their life choices, especially where these basic life skills are needed for life skills and further education. This in turn has taught the new learner that no matter the mark, they will still pass. This decreases the moral standards for the well-known value of â€Å"for every action there is a consequence†Read MoreEssay about Hispanic Girls Growing up on the Border2367 Words   |  10 Pagesrisk girls feel they fit into their community has been attempted through the formation of a club in Texas, where there is a large Mexican population due to the border region. A club for at-risk girls was started called Girls Acquiring Leadership Skills through Service (GA LLS). Since students who lack feelings of inclusion at school are those most at-risk for both youth gang involvement and dropping out of school this club focuses on making girls feel they belong at school(Sonnenblick 243). 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Thursday, December 19, 2019

Analysis Of Metallic Decades Of Metal Dominance - 1660 Words

Metallica: Decades of Metal Dominance Thrash metal band Metallica has an expansive history of over thirty years. Trials and tribulations continuously impact the band however, they are always able to unify after tragedy. With each set back Metallica encounters; whether it is the loss of a band member or low album sales, a reinvention occurs within their music. Despite performing music for the masses, Metallica retains mysterious qualities. Band members have effectively kept their private lives out of public scrutiny that often plagues successful musicians. Founding Members The vision to create the ultimate rock band stemmed from the imagination of drummer Lars Ulrich. Ulrich’s progressive upbringing in a wealthy family of Sweden came with†¦show more content†¦Hetfield has a rougher, edgier exterior that works for the thrash metal scene. Hetfield played the underground heavy metal scene for a few years before his fateful try-out with Ulrich. With the merging of these two minds the story of Metallica begins. 1980’s With the collaboration of a shared dream, the next two musicians added to Metallica were guitarist Lloyd Grant and bassist Ron Govney. With the completion a band in 1981, Metallica began writing and performing songs. They released their first demo tape, â€Å"No Life til Leather† in the underground Los Angeles heavy metal scene (www.rockhall.com). Shortly after this release Metallica moved to the Bay Area. Relocating to the San Francisco area played a major role in the evolution of Metallica. With the move came the ousting of Grant and Govney whom were replaced by Dave Mustaine, lead guitarist and Cliff Burton on bass guitar. Before long, in 1982, Mustaine departed from Metallica to be replaced by Kirk Hammett. With the formation of the ideal Metallica finally complete they went to work on their first album. Kill ‘Em All released in 1983, embraced the heavy metal feel Metallica was hoping to achieve placing them as major contenders in the music industry. The album features the hard and fast sound of thrash metal previously only known in the underground heavy metal scene. Metallica’s second album, Ride The Lightening (1984), did not disappoint as well and obtained the band a contract

Wednesday, December 11, 2019

Australian Law Review Influence on Juridical Revision

Question: Describe about the Australian Law Review for Influence on Juridical Revision. Answer: Introduction Todays Australia Judicial reforms can be followed back to a time the Commonwealth administrations reclaims regarding all executive laws which took place in the latter stages of the 1970s. These reforms heralded the setting up of the Australian Federal Court, the office of the Ombudsman as well as the Administrative Appeals Tribunal. Most importantly, they majorly entailed enacting the Administrative Decisions of the Judicial Review Act 1977.1 After more than forty years later, this seemed to be the opportune moment to review and revise the appropriateness and relevance of the current laws as a way of adjusting to the changing times as well as the future. The reforms to the administrative laws of the 1970s formed the most significant influence on juridical revision that has taken place in the past. However, they do not form the only important influence. Another critical issue is the influence of the High Court and especially its influence regarding perquisite writs which are today referred as constitutional or juridical writs. The apparent law change is colligated with an idea that the law court exhibits a full-fledged separation of powers based on the doctrines of the law. As a result, we cant afford to downplay the fact that changes and developments are guided and informed by apparent social and cultural changes that emanate from the ever growing importance of the decisions made by the government on its citizens.2 To some degree, this reflects how the government intrudes into private issues despite the fact that not all intrusions are bad or negative. It stems from the intent to safeguard public interest via regulating activities that might be dangerous and harmful to citizens. It also goes as far as raising revenue reallocation and redistributing national wealth by means of social security. Even though it is beneficial to citizens, it exerts influence on the fiscal and individual affairs of all Australians. The ever-growing significance of the executive decision-making process on its citizens which has inescapably resulted in the fledging of the judicature, the government as well as the mechanisms for subsequent scrutiny of the made decisions. To some degree, the judicature has been offering responses to the pressures and the resulting government activity that enacts them. Inception The history of juridical review and subsequent reform of administrative laws can be traced back to the traditional exclusive judicial mandamus writs, certiorari, as well as proscription. The juridical documents originated of the majestic privilege over specific subjects. It was given by the Rex's or Queenss Bench section from the Imperial Courts in the system. Its utilization got nearly linked with privileges of the crown and the rightfulness; specifically preventing those rights from being encroached. For instance, Mandamus obligated people to perform public responsibilities, prohibition barred any conduct that was out of the jurisdiction while certiorari invalidated previous conduct for which there were no jurisdictions addressing it.3 The High Court of Australia According to the Commonwealth Constitution section 75(v); authorizes legal power concerning High Court of Australia where the judicial mandamus writs, proscription sought against Commonwealths officers. Close to approximately 100 years, the juridical documents called -the perquisite writs-up to when High Court- Gummow JJ and Gaudron - explained the perspective in the Tribunal for Refuge Review that; having the powers separated, resulted in the judicial writs as guaranteed by the Constitution to be basically different to the exclusive writs that were often linked with administrative powers and discretion of the Crown. Henceforward, they are supposed to be referred to as the constitutional writs. Apparently, the change in terminology failed to be effected. Nevertheless, it did change or shift the scenarios on which the writs could be applicable. For example, for the case of prohibition, the grounds were a jurisdictional error. The cardinal jurisdiction authorized by the High Court as written in section 75-v in giving constitutional and perquisite writs is exemplified by section 75-iii legal power which prescribes that an individual who is being sued or suing in position of the British Commonwealth, that is automatically its party. Consequently, according to the Judicial System Act 1901 (Cth), section 33 extends the authority and discretion of the High Court to rule out public law redresses.5 Even though the boundaries limiting the issuance of the lawful writs continues to be applicable, two critical dimensions have facilitated accessibility of common law juridical reexamination to greatly widen. Firstly, the enlargement is sufficient to be termed as a jurisdictional error. For a while, this has been a slipping concept. Consequently, it has been demoted least to say to a secondary position in the Britain. Seemingly the High Court has categorically ducked coming clear on the content of jurisdictional error, even though it has recognized that there are numerous difficulties when dissociating jurisdictional error from non-jurisdictional error.6Also, a jurisdictional error pops up if the individual making decisions does that outside the confines of the function and the discretion authorized by him or her or they also do something that is out of the discretion constitutionally. Secondly, is the availability of the alternative redresses that have different restrictions. For example, declaration and enjoinment form the important exemplifications. For instance, the High Court has declared that the Queensland Criminal Justice Commission has greatly come short of honoring the requisites of adjective justice in case mandamus being incorrect and certiorari telling the truth.7 In a stark contradiction to section 75(v), that confers legal authority while specifically referring to the redresses, section 75(iii) confabulates legal power with particular reference to matter in question. In the case of the High Court having jurisdiction as confabulated in section 75-iii, which is unlimited only to redresses uncommitted. As a result, the law court has the discretion to guarantee certiorari. The Court is powerful to accord certiorari, just as in section 75(v), even though the redress will only be accorded when helping a remedy, like a prohibition, that Court has the discretion to the accord. In this case, the court can accord cease and desist directives as well as make declarations.8 In the recent past, the High Court has been grounded against the intrusion of the merits of making decisions. Therefore curial reexamination is limited to the error or inconsistence of law. Consequently, the High Court exhibits a superficial perspective of what suffices for jurisdictional error. It is mostly bound to go astray into what amounts to reexamination. This forms the grounds unreasonableness stemming from the ruling of Lord Greene MR in the case of Wednesbury Corporation versus Associated Provincial Picture Houses Ltd. Also, the Court has previously trashed proportionality as a way of substantiating error of law. For instance, this is not the case in Britain where unreasonableness is substantiated by a wide range of proportionality. Subsequently, making the latter consideration to duly prevail. Even though the High Court is inflexible in constraining law reexamination to the inconsistence of law emanates in the separation of powers, to a great extent its unwillingness can b e associated with the significant degree of merits reexamination that is currently in place of Commonwealth level, Australia, and also via the Tribunal Administrative Appeals.9 As a consequence, while the Australian High Court can possibly remain negative and opposed to correcting the mistakes in the meritoriousness of determination, this is extremely rare that an error in interpreting the will take place in the absence of a remedy. Hence, the jurisdictional fault remains the basis for constitutional review. This is significant due to the fact that as the primary grounds for the issuance of constitutional writs, how it operates can never be overlooked by the legislature assembly due to the doctrine of separation of powers. Therefore, for the landmark ruling of The Commonwealth versus Plaintiff S157, the court conclusively ruled that an otherwise legitimate privative clause could not by any means intercept the courts discretion and jurisdiction to give constitutional writs.10 The lingering qualm for determining the link with High Courts established authority to issue constitutional writs regarding the jurisdictional fault is conterminous with a law error. An impact of the rulings of the High Court will tackle respective concern. All through, there is no important room of fault for the law that is exclusive of jurisdictional error has surfaced. However, with time, the two may be co-extensive because as of now this can be found in Britain. I feel that it is very unlikely that the High Court realize something it can refer to as an inconsistency in the error of law without identifying its redress.11 On the face of its jurisdictional error, is arrived at basing on the error or inconsistency in the law. However, the bone of contention is regarding its narrowness of the error. Consequently, the High Courts suits on juridical error happen to suit on fault or inconsistency of law. The common rules are applicable in incidences where executive action is not permissible or where the decision making individual comprehends the permission. They call for a fair hearing that is the impartial determinant as well as just litigation.12 The decision-maker is also called for to follow up on substantially important issues while avoiding and ignoring critical issues. The activity should involve applications, realistic, discretion and authority. Otherwise, depictions on the common laws requisites lean towards being items of powers that are generalized. It forms the basis for the for the High Courts need for the judicial review as of today.13 Australias Federal Court On the face of it, comprehending judicial review regarding the High Court prompts one to strive and understand the judicial review of the common law as regards to the Australias Federal Court. Firstly, section 39-B (i) as pertaining to the Judiciarys Act, re-ordains section 75(v) of the Federal Courts Constitution. Also, Section 39-B (1A) confabulates legal power and discretion on the Federal Court regarding matters that arise under the rules legislated by parliament. Apparently, the jurisdiction of the common law regarding the Federal Court is duly extensive just like the authority of High Court. There are qualms regarding the judicial review for common law applications in the Federal Court. It is regarding if has there been the law inconsistencies by the executive decisiveness-making organs.14 Administrative Decisions Act- Judicial Review Other than its discretion and jurisdiction to the common law, as a statutory juridical, the Federal Court undertakes judicial reexamination in line with the AD (JR) Act. There is a significant impact on the development of the juridical revisions like common law reexamination stemming from its discretion.15 To this effect, the AD (JR) Act effected the following: It got rid of the proficient requisites of the privilege writs of which reexamination was readily addressable for the fault of law simplifier. The redresses addressable were consequently extended. As a result, rules regarding to judiciary could have been greatly made easy. The AD (JR) ruled in the basis for arriving at a conclusion whether there is inconsistency. It put in place obligations that could ensure accountability by requiring that all decision makers should provide explanations for the kind of decisions they made or stances they uphold.16 Most significantly, the availability of basis of reexamination has often proved to be of no help unless the decision maker reasons on the basis of exposure to the prevailing circumstances. Actually, the basis for revision explained above is easily palpable as they restate the prevailing common law. For example, the West versus Kioa, Mason J observed that -the statutory grounds of reexamination as articulated in sections 5(1) are totally not new since they effectively offer a summarized reflection of the basis of which executive decisions are vulnerable to being challenged by common law. For this reason, in the case mentioned above, the court interpreted the procedural justice basis in section 5 like prescribed in the common constabulary.17 The increased presence to judicial rights revision at common constabulary, along with review privileges and statutory rights, has inescapably led to making decisions that make the two equal. Apparently, this is duly consistent with the Kioa vs West precedent ruling. In addition, the suitability of the affirmation of basis in the AD (JR) Act has inclined to exert determination in the grounds of the common law. Therefore whatever inclination to cripple the basis of reappraisal has to some degree been opposed by the fact that there exist the separate common law grounds, that are able to come up with and as a consequence of the ruling in section 5-1-j, which affirms this sort of decision is otherwise contrary and inconsistence with the law. However, it is slightly possible that the inflexible statutory affirmation that forms the basis, compounded by them being interpreted as retelling the common law, has oftentimes resulted in some degree of limitations in the development of the primary grounds for review be it in the common law, as well as beneath section five. The apparent unwillingness of Australias court system to adopt the need proportionality as the basis, while it is strongly based on the doctrine of the separation of powers and its relevant considerations, its apparent unwillingness to immerse into the world of merits, could be partly as a result of the existence of the basis for rationality, and seemingly lack of whatever conception that addresses proportionality in section five.18 The dividends of AD (JR) Act revision are hence unqualified. With the same in mind, it appears that gains are heavier than the damages. Despite the fact that it is untidy to harbor complemental reasons for judicial review that will involve a court, which will examine two propositions in any case.19In application, this doesnt add value to resources like time and the incurred cost but in future, it could. Justice cannot be guaranteed in a system where one platform will result in a redress while the other one will not even if the courts uphold the rule in each litigated scenario. Also, the AD (JR) Acts review shortcomings have stemmed from the shortcoming critique to any determination related to an executive quality arrived at within the confines of an enactment. As a result, some decisions are outwardly excluded despite them not affecting the reexamination of the common law. The resulting benefits could be; AD (JR) Act projects light over the executive decision-making process. Apparently, it could be a big mistake to presume that the bad side provided by the Act to its subsequent covering to judicial proceeding in the Court. Also, the act has a great influence the on initial step of decision-making since it forms the basis for primary decision-makers to follow. In this responsibility, due to its basic characterization of the basis and reasons for review, it is obliged to exert an important impact. This advantage should be extended to counsels who offer advice to clients due to the fact that it offers basic grounds for the advice. Therefore it is easy to say that without the developments in the ADs Act it would have been inconceivable to think changes in the administrative law.20 Also, the AD (JR) Act puts in place obligations that provide reasons that facilitate the interpretation and application of the judicial reforms just like in the AD (JR) Act reassessment. Apparently, the AD (JR) Act has come up with its independent law whose application lives regular. However, there is a controversy since applicants have formed a habit of framing their propositions alternatively under section 39B even though it breeds less real problems. Just like a negative dimension of the alternative claims, since justice can be guaranteed.21 These acts give more power in the redresses which can be allowed than the common law does. Particularly, erroneous determinations could be invalidated. However, the shortcomings stemming from the diversity of the jurisdiction are linked with little ADs Act existence but, with the legal requisite that it should be coexistent with the common jurisprudence juridical critique. It acts as a critical element in protecting the court systems role in the supervision of the executive decision-making process. Thus, to find a long term solution there needs to be the reforms to the common law for specific cases the statutory fails to provide a remedy as well as those that the legislation process limits juridical review be it by privative clause or not.22 Conclusion: In conclusion, any juridical reforms in this area are bound by the common law review. For a number of years, the Supreme Court of New South Wales has come up with judicial review jurisprudence to the common law.23 For instance, the most important precedent in the recent past that called for the need for juridical reforms is the Kirk v Industrial Court where the High Court ruled that as outlined by the constitution while recognizing the presence of the court which has supervisory discretion over administrative power. Such discretion is definitive of the courts when provided for in the law and could probably be intercepted by subsequent law making. There should be rectifications regarding the link between the two jurisdictions since the AD (JR) Act review seemingly has outlived its functionality with due consideration of the important and robust changes in the common law.24 References: 23Fong, C., Chiang, S., Australian Law Librarians' Group. (1986). Australian legal periodicals and loose-leaf services abbreviations. Sydney: Australian Law Librarians' Group. 24Vrachnas, J. (2006). Migration and refugee law in Australia: Commentary and materials. Cambridge: Cambridge University Press. References 1Sanders, W., Australian National University. (2013). Indigenous Australians and the rules of the social security system: Universalism, appropriateness, and justice. Canberra: Centre for Aboriginal Economic Policy Research. 2Lindell, G., Zines, L. (2013). Future directions in Australian constitutional law: Essays in honour of Professor Leslie Zines. Annandale, NSW: Federation Press. 3Tilbury, M. J., Davis, G., Opeskin, B. R. (2012). Conflict of laws in Australia. South Melbourne, Victoria, Australia: Oxford University Press. 4Opeskin, B. R. (2014). The Australian federal judicial system. Melbourne: Melbourne Univ. Press. 5Nolan, D. R. (2012). The Australasian labour law reforms: Australia and New Zealand at the end of the twentieth century. Annandale, NSW [u.a.: Federation Press. 6Lands acquisition and compensation. (2012). Canberra: Australian Gov. Publ. Serv. 7Opeskin, B. R. (2014). The promise of law reform. Sydney: The Federation Press. 8Australian Law Reform Commission. (2013). Gene patenting and human health: Issues paper. Sydney: Australian Law Reform Commission. 9In Young, S. N. M., In Tilbury, M. J., In Ng, L. (2014). Reforming law reform: Perspectives from Hong Kong and beyond. 10French, R. (2003). Reflections on the Australian Constitution. Annandale, NSW: Federation Pr. 11Sawer, G. (1975). The Australian constitution. Canberra: Australian Government Publ. Service. 12Saunders, C., Australia. (2003). It's your constitution: Governing Australia today. Annandale, NSW: Federation Press. 13Irving, H. (2012). To constitute a nation: A cultural history of Australia's constitution. Cambridge [u.a.: Cambridge Univ. Press. 14Lindsay, K. (2014). The Australian Constitution in context. Pyrmont, NSW: LBC Information Services. 15Attwood, B., Markus, A., Attwood, B. (2012). The 1967 referendum: Race, power and the Australian Constitution. Canberra: Aboriginal Studies Press. 16Williams, J. M. (2015). The Australian constitution: A documentary history. Melbourne: Melbourne Univ. Press. 17Nicholas, H. S. (2012). The Australian Constitution; an analysis, together with the Commonwealth of Australia Constitution act, the Financial agreement, the Statute of Westminster adoption act, the Constitution of the United States of America. Sydney: Law Book Co. of Australasia 18Mann, T. (2013). Australian law dictionary. South Melbourne, Vic: Oxford University Press. 19Crock, M. E., Myer Foundation. (2012). Seeking asylum alone: A study of Australian law, policy and practice regarding unaccompanied and separated children. Annandale, N.S.W: Themis Press. 20Australia. (2014). The Australian law journal reports. Sydney: Law Book Co. of Australasia. 21Top of Form International Congress of Comparative Law, Tay, A. E.-S. (2012). Australian law and legal thinking between the decades: A collection of 33 Australian reports to the XIIIth International Congress of Comparative Law presented in McGill University Montreal on 18-24 August 1990. Sydney, NSW, Australia: University of Sydney. Bottom of Form 22Haigh, R. A., Lee, P. Y., Deakin University. (2013). Researching Australian law. North Ryde, NSW: LBC Information Services. 23Fong, C., Chiang, S., Australian Law Librarians' Group. (2014). Australian legal periodicals and loose-leaf services abbreviations. Sydney: Australian Law Librarians' Group. 24Vrachnas, J. (2012). Migration and refugee law in Australia: Commentary and materials. Cambridge: Cambridge University Press.

Tuesday, December 3, 2019

Macroeconomic free essay sample

Feedback 5 – Labour Market, Exchange Rate Market Financial Market 1) Mary Sue is the newly appointed CEO of a company that manufactures CD drives on an assembly line. Her staff has told her that the output the firm produces, given the number of workers employed, indicates that some workers may be shirking. According to efficiency wage theory, what should she do? a) Pay all workers more than the equilibrium wage rate ) Pay all workers below the equilibrium wage rate to make up for the loss from shirking c) Make sure that workers are getting paid exactly the equilibrium wage rate d) None of the above is correct according to efficiency wage theory. 2) Which of the following have a tendency to raise the unemployment rate? a) The establishment of effective trade unions in an economy b) Firms deciding to pay efficiency wages in an economy c) Implementing a minimum wage in an economy d) All of these are correct. We will write a custom essay sample on Macroeconomic or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ) Which of the following causes the official measure of the unemployment rate to understate the true extent of joblessness? a) People who collect unemployment benefits report themselves to be searching for a job. b) Discouraged workers are not counted as unemployed. c) Many full time workers really want to be part time workers. 4) Trade unions cause unemployment because the union contract wage is set a) above the market wage, causing a shortage of labour. b) below the market wage, causing a surplus of labour. ) below the market wage, causing a shortage of labour. d) above the market wage, causing a surplus of labour. [pic] 5) Which of the following explanations are consistent with the Figure above? a) Speculators think that the value of the dollar relative to the euro will rise. b) A recession in the European Union c) An increase in Australian interest rates relative to interest rates in other countries d) An increase in incomes in the European Union 6) When the dollar weakens, each dollar buys a) more foreign currency, and so buys more foreign goods. ) more foreign currency, and so buys fewer foreign goods. c) less foreign currency, and so buys more foreign goods. d) less foreign currency, and so buys fewer foreign goods. 7) ________ are financial securities that represent partial ownership of a firm. a) Certificates of deposit b) Bonds c) Treasury bills d) Shares 8) Let I = investment; Y = total income; C = consumption; G = government purchases. In a closed economy a) I = Y + C — G. b) I = Y C + G. c) I = Y C — G. d) I = Y + C + G. 9) Equilibrium in the loanable funds market determines ) the current interest rate b) the real interest rate c) the expected interest rate d) the nominal interest rate Problem 1 By paying above equilibrium wage rates companies may make higher profits. Problem 2 Tokyo – most expensive Cancun – cheapest Problem 3 The dollar appreciates. Consume more Japanese goods and less Australian goods. Problem 4 De mand for AUD decreases; depreciate Problem 5 Supply of loanble funds shifts right Savings increase, real interest rates decrease, investment increases, growth rate expands