Preliminary Questions for the Research Paper Example | Topics and Well Written Essays - 1500 words

Preliminary Questions for the - Research Paper Example In addition, it has led to reliability because people from any part of the world are able to access the information passed. Seeing as this mode of communication has only come into existence in the last approximately two decades, there has been a lot of controversy surrounding it. As with any new introduction, it has garnered both support and opposition. Those that support it cite the immense benefits and the heavy impact that it has drawn upon communication since its onset. Those that do not support it assert that the establishment of its relevance is quite hard and that it is merely a passing phase. This paper‘s focal point is to illustrate that mobile communication has had an observable and immense impact on the field of communication. The paper’s main subject is to indicate that whether negatively or positively, mobile communication has changed the face and direction of advertising on a long-term basis. One of the most popular means of mobile communication is the use of the social media platform. According to e-marketer, an online statistical site, the number of people subscribed to social media networks in the world totaled down to 1.73 billion as of 2013. This means that social media act as a means of mobile communication as it reaches about 26% of the world population. This is exclusive of other mobile communication means such as mobile texting. This illustrates that mobile communication is one of the only means of advertisement that in actuality affects over a quarter and nearly half of the world’s population. In the same site, they estimated that by 2015, 2.55 billion people would have to social media accounts. Statistically, this indicates that the growth rate for social media subscription stands at 18% annually. This statistic lays out just how relevant mobile communication is on the human populace. Eric Clemmons, an Information professor at the University of Pennsylvania, states that advertising

Measuring Economic Health Paper Essay Example | Topics and Well Written Essays - 750 words

Measuring Economic Health Paper - Essay Example Thus, a measure of improvement in the environment as well as measures of economic health may be used jointly to measure or assess development. Some of the more important measures of economic health are the Gross Domestic Product (GDP) and the Gross National Product (GNP). The GDP refers to â€Å"the value of final goods and services produced† (Dornbusch et al., 2008, p. 36). The qualification â€Å"final† is used to avoid double counting because counting the tire, for example, may double count with the value of the car. Dornbusch et al. (2008, p. 36) emphasized that that the GDP consist of the value of goods currently produced. Thus, for each year for example, the GDP refers to the goods and services produced during that period or year. GDP is measured annually. The GDP is a concept or measure similar to the GDP. However, while the GDP refers to the goods and services produced in a country that may include both the value of output from both citizen and alien producers, the GNP refers to the goods and services produced by citizens or nationals. Thus, the GNP also covers the production of goods and services by nationals or citizens abroad. ... For example, Real GDP or GNP in 2010 prices measures the GDP or GNP using year 2010 prices. For these, economist use a variable known as GDP or GNP deflators that convert all GDP and GNP of all years into the GDP or GNP values of year 2010. For each year, there can be specific GDP or GNP deflator that can convert the GDP or GNP into a particular year. Nominal GDP or GNP refers to GDP or GNP measures in a particular year using prices of that year. Through the real GDP and GDP over several years, economists are able to assess whether a business cycle exist as well as determine the period which constitute a business cycle in which there is cycle of relative slump and recovery. One theory in economics holds that there is an equilibrium real business cycle (Dornbusch et al., 2008, p. 553). The theory asserts that â€Å"fluctuations in output and employment are the result of a variety of real shocks that hit the economy, with markets adjusting rapidly and remaining always in equilibriumâ €  (Dornbusch et al., 2008, p. 553). Dornbusch et al. (2008, p. 553) clarifies that the real business cycle theory is a result of a perspective known as the â€Å"rational expectations† approach in economics. The rational expectations approach in economics assumes that economic agents are rational and use all available information, including forecasts and past experience in anticipating the direction of the economy and in response to that direction, their behavior or action in that economy. Economics bodies in the government determine fiscal policy. Usually, several bodies in government determine or are tapped to determine fiscal policy. In the United States, one such body is the Federal Reserve Board. The Chairman of the Federal Reserve Board, for instance, may be