Health care laws and how it affects working nurses Research Paper

Social insurance laws and how it influences functioning medical caretakers - Research Paper Example Three kinds of laws oversee the Public Health Law as recently examined: Legislation, Regulations and Judicial Law. The administrative groups of state, bureaucratic and nearby government, detail the Legislative laws that considerably affect the manner in which nursing is rehearsed in the United States. Guidelines are explicit arrangement of rules relating to individual while the enactment and Judicial law depends on the court’s and jury’s’ choice (Stanhope and Lancaster 124). Stanhope and Lancaster represent the effect of Regulations and the Judicial Law on nursing practice by expressing that the state administrators will establish laws overseeing the leading body of nursing and will coin specialized terms, for example, ‘licensed enlisted nurse’ and ‘nursing practice’, the leading body of nursing then again will uphold the laws that will bring into reality an authorized enrolled nurture and perceived nursing practice systems by expressing all the necessities and essential (124). The scholars express that in the event of legal law, courts mull over past cases and give sentences in congruity with them aside from during the examples when the appointed authority or the jury feels that the old laws have become outdated and an increasingly substantial type of it is required. Everything that is done in a wellbeing organization has a premise in law and is dependent upon lawful authorization of some kind (qtd. in Maurer and Smith 124). This announcement infers to medicinal services laborers and all the more especially network arranged breast fed since they have direct, up close and personal relationship with the patients. Rules and guideline what's more with those related with the change of the wellbeing business; overwhelmingly laws that relate to the upkeep of order in the wellbeing division and apportioning discipline identified with misbehavior are material to attendants generally. Medical attendants are respected, as sc holarly people with sound information on the calling that they practice for their living, buyers are absolutely dependent on this specific information for their treatment. In the event that any patient is hurt in any capacity due to the nurses’ misbehavior that as per a source Hall and Hall (2001) refered to in Maurer and Smith (124), incorporates: Provision of risky condition, insufficient appraisal, inability to follow physician’s request, mistaken medicine and treatment, utilization of blemished innovation and items, lacking disease control and poor correspondence with the patient, the attendant would be considered responsible for her activities and claims can be documented against her. Attendants ought to be very much aware of the laws and enactment relating to their lawful act of the state they are expertly working in, and ought to be well comfortable likewise with any progressions that may be presented in the enactment of nursing as well as in related callings, f or example, those of medication and drug store (Lancaster and Stanhope 125). These author show the significance of interdisciplinary information for the nursing calling by expressing the case of a network arranged attendant who has audited the drug store act would have the option to find out whether to scrutinize the option to administer prescription in the nearby family arranging center or not. As per The Nurse Practice Act of New York, 1970 nursing is characterized as: The act of the calling of nursing†¦. is characterized as diagnosing and getting human reactions genuine or potential medical issues through such administrations

Enjoying the Hobby of Collecting Machineguns Essay

Getting a charge out of the Hobby of Collecting Machineguns - Essay Example The assault rifle has had a checkered history and was designed in the mid nineteenth century by Dr. Richard Jordon Gatling, whose weapon came to be known as the Gatling firearm. He protected his creation in 1861. The Gatling firearm was the main fast shooting weapon and can be properly called the precursor of the advanced automatic weapon. Dr Gatling said â€Å" it happened to me that in the event that I could create a machine-a firearm which could by its velocity of fire, empower , one man to carry out as much fight obligation as a hundred, that it would to a huge degree supplant the need of enormous militaries and thus , presentation to fight and ailment would be significantly decreased.†2 Individuals have been gathering weapons everywhere throughout the world for a considerable length of time. It is much the same as individuals gathering blades. Be that as it may, presently another side interest has developed of gathering automatic weapons. In many nations on the planet, claiming an automatic rifle is illicit, however in the United States 34 conditions of the association, it is legitimate for residents to possess and fire with assault rifles. In the event that you wish to begin a leisure activity as an automatic rifle authority than please protect that the state you live permits you to claim an assault rifle the same number of states like Delaware, Hawaii, Iowa, Illinois, Kansas, New York, Rhode Island, South Carolina, Washington State and the area of Columbia, have an absolute restriction on exclusive automatic rifles. Anyway in spite of the over a fourth of a million Americans own automatic weapons. The National Firearms Act 1934 is the nodal demonstration that administers assortment of Machine Guns for any reason or as a leisure activity. Prior to 1934, there was no bar on possessing automatic rifles, however the NFA went in 1934 made it compulsory to enlist the weapon with the Bureau of Alcohol, Tobacco and Fire arms (BATF)3.. Automatic rifles all around have never been utilized in a wrongdoing as the system for possessing an assault rifle is tough. It must be noticed that assault rifles can't be bought over the counter and a long period from 60to180

Application Advice Asking for Recommendations COLUMBIA UNIVERSITY - SIPA Admissions Blog

Application Advice Asking for Recommendations COLUMBIA UNIVERSITY - SIPA Admissions Blog Youre filling out your application and then DREAD fills you.RECOMMENDATIONS. You have to ask other people to tell SIPA why they think you should be accepted into SIPA. Now.. you know youre awesome but now someone else has to talk about how and why youre awesome. UGHHHHHH. We here at SIPA have you covered. Simple actions can make this process go smoother. The first thing you are going to need is TIME. PLEASE START EARLY. The minute you start thinking about applying, think about recommendations. More time will help everyone involved. More time will mean less anxiety. More time also allows for your recommender to write a great letter for you. This is definitely advice I should have taken because I became waaaaay too stressed about asking my managers/former professors for recommendations. It took me three weeks to work up the courage to tell them Im looking at grad school and need them to recommend me. Luckily they were very cool and still did wrote me recommendations, but moral of the story is dont be like me and wait! Second, DEFINITELY ask academic/professional contacts that know you the best, or at least ones you have some connection with. They should know you on a personal level and be able to speak about who you are as a person and how SIPA will assist you in getting to the next step in your career. If you dont have a strong connection with any academic/professional contacts, you can ask professors of classes you performed well in, though having them write a recommendation may require more work. To assist them, it would be beneficial to write a mini-personal statement (similar to what youd write for the application) on why you want to go to SIPA and how SIPA fits into your plans.  A mini-personal statement is useful to have regardless if you know the person well or not. It will show them why you want to attend SIPA, as well as help you write the statement for your application.  This mini-personal statement will help guide them in their recommendation of you and help them focus their writing. T he mini give the person reading the recommendation a sense of who you are. Third, if they seem to be taking too long, just kindly remind them that you need it before the deadline. Lastly, remember to say Thank you!

Chinua Achebe s Things Fall Apart - 883 Words

When we think about a European colonialist world view it is often based on judging a society by two major assumptions. These assumptions are the idea that other societies are filled with violent people without manners, and that their religious practices are a hedonistic affront to their own religion. These assumptions make it easy for European Colonialists to somewhat invade a land, and try to take it over. This practice of invading a foreign country is made even easier by the way European Colonialists dehumanize the native population and convince themselves that they are helping. Chinua Achebe’s book Things Fall Apart attempts to correct these misguided views of African societies by portraying a more complex culture that values peace, and the art of conversation. Achebe also tries to portray the idea that not all European people they come in contact with are aggressive, and misconstrued in their view of the African societies. Achebe tries to show us the value of his society t hrough repeated views into conversations, religious practices, and encounters between people.Ultimately Achebe tries to show us that Africa’s complex cultures deserve more credit than taking up a chapter or two in a European colonialist’s book. This attempt at showing Africa as a complex group of diverse cultures goes directly against everything that European colonizers are working for because it humanizes a society they want to dehumanize. Almost immediately we are introduced to the concept of breakingShow MoreRelatedChinua Achebe s Things Fall Apart1719 Words   |  7 PagesThings fall apart is a classic novel written around the turn of the century, the novel focuses on the protagonist who we can also call a hero, Okonkwo. Okonkwo is a wealthy and respected leader within the Igbo tribe of Umuofia in eastern Nigeria. Strong individual with a passionate belief in all the values and traditions of his people. Chinua Achebe presents Okonkwo as a particular kind of tragic protagonist, a great man who carries the fate of his people. Okonkwo is a man who is inflexible andRead MoreChinua Achebe s Things Fall Apart1033 Words   |  5 PagesIntroduction Chinua Achebe is a famous Nigerian novelist in worldwide. Things fall apart is Chinua Achebe’s first novel published in 1958, the year after Ghana became the first African nation to gain independence. And this novel is one of the first African novels to gain worldwide recognition. (Phil Mongredien, 2010) This novel presents people a story of an African Igbo tribal hero, Okonkwo, from his growth to death. The fate of Okonkwo also indicates the fate of Africa caused by the colonizationRead MoreChinua Achebe s Things Fall Apart1410 Words   |  6 PagesTeddy Manfre Ms. Blass ENG 209-001 April 24, 2017 Things Fall Apart In 1958, Chinua Achebe a famous Nigerian author publishes one of his most famous novels Things Fall Apart. The novel takes place in a Nigerian village called Umuofia. During the time that this novel is published Nigeria is being criticized by the Europeans for being uncivilized. In response, Achebe uses his brilliance in this novel to express the valued history of his people to his audience. His focus in the novel is on the pre-colonizedRead MoreChinua Achebe s Things Fall Apart1015 Words   |  5 PagesIn his novel Things Fall Apart, author Chinua Achebe utilizes his distinctive writing style in order to accurately capture the culture and customs of the Igbo people despite writing his story in a foreign language. Five aspects of Achebe’s style that make his writing unique is the straightforward diction present in dialogue, the inclusion of native parables convey Igbo life authentically, the inclusion of native Igbo words and phrases, detailed descriptions of nature and the usage of figurative languageRead MoreChinua Achebe s Things Fall Apart1702 Words   |  7 PagesTitle: Things Fall Apart Biographical information about the author: Chinua Achebe was born in Nigeria in 1930. He had an early career as a radio host, and later became the Senior Research Fellow at the University of Nigeria. After moving to America, he became an English professor at the University of Massachusetts, Amherst. Achebe has won numerous awards for his poetry and fiction, including the Man Booker prize and Commonwealth Poetry Price. He currently teaches at Bard College. Author: Chinua AchebeRead MoreChinua Achebe s Things Fall Apart Essay1347 Words   |  6 PagesCulture is an Important Element of Society Chinua Achebe is the author of when Things Fall Apart while Joseph Conrad authored Heart of Darkness. Conrad and Achebe set their individual titles in Africa; Achebe is an African writer whereas Conrad is Polish-British. The authors draw strength from their backgrounds to validity the authenticity of their fictional novels. Conrad writes from his experiences in the British and French navies while Achebe uses his African heritage. The theme of culture isRead MoreChinua Achebe s Things Fall Apart1248 Words   |  5 PagesChris Lowndes Ms. Cook A.P.L.C. 21 October 2015 We Are Family: Hardships in One s Family in Things Fall Apart Specific attributes correlate with each other to help create or not create the ideal strong family. However, through those attributes arise conflicts and major disputes. This issue of trying to achieve and create a strong family is of immense importance in one’s life, especially in Chinua Achebe’s, Things Fall Apart, a milestone in African literature. For instance, the father leaves his legacyRead MoreChinua Achebe s Things Fall Apart Essay1682 Words   |  7 Pagescertain degree of the priest class, libation, holidays, creation stories, divine systems of punishments and rewards. In the novel, Things Fall Apart, written by Chinua Achebe, is a story of tragic fall of a protagonist and the Igbo culture. Achebe demonstrates different examples and situations of where an African culture, in the instances of tribal religions, did certain things because of their tradition is and the way they developed into. African cultures pondered life mysteries and articulated theirRead Mo reChinua Achebe s Things Fall Apart1314 Words   |  6 PagesChinua Achebe masterpiece â€Å"Things Fall Apart† (1959) is the classic story of Okonkwo, a young man who strives to be revered by his village and family but because of his own internal character flaws meets his own demise. In the Igbo culture, family traditions are an important narrative throughout the novel. Okonkwo, the protagonist character of this story, begins with many attributes of what would be concluded as a hero with his cultural society. He is hard working, a material provider, feared andRead MoreChinua Achebe s Things Fall Apart Essay983 Words   |  4 Pages The author Chinua Achebe, in the novel, â€Å"Things Fall Apart,† shares extreme diversity between the female and male characters residing in Umofia. Okonkwo, the male leader of the tribe, carries qualities such as power and manliness, as all men are expected to. As for the females they are commonly referred to as being weaker for child bearing and more responsible because they are expected to cook, clean, and take care of their children. Although the traits of the Igbo culture vary in the determination

Education in Finland - 2832 Words

1. Students in Finland The Finnish school system has been intentionally developed towards the comprehensive model which guarantees equal educational opportunities to everyone irrespective of domicile, gender, financial situation or linguistic and cultural background (section 25 Basic Education Act, herein BEA). With this objective in mind, accessibility of education is ensured throughout the country. Finland does not have segregated educational services for different genders, i.e. no girls’ and boys’ schools. Basic education is provided completely free of charge (including teaching, learning materials, school meals, health care, dental care and school transport – section 29 to 33 BEA). Basic education is an integrated nine-year†¦show more content†¦And all together about 91% of finish pupils gain their university entrance diploma, which is compared to European neighbors the highest result, in Germany there are about 56% of pupils who obtain their â€Å"Abitur†, the German equivalent of a university entrance diploma. (OECD-Studie Bildung auf einen Blick Paris 2003) Organisation of schoolwork and teaching is guided by a conception of learning where pupils’ own active involvement and interaction with teachers, fellow pupils and the learning environment are important. Pupils process and interpret the information that they absorb on the basis of their prior knowledge structures and learning by doing (playing, experiencing). This is quite different from their Asian counterparts where learning is mostly done by one-way download from teacher to student and memorization from book). Also, based on our team mate, Stephen’s personal experience as assistant teacher in Normalikoulu, Jyvà ¤skylà ¤ and his teaching experience in German schools, Finish pupils seem to be more independent in their learning and working. Since PISA there have been many discussions going on to ‘research’ the reasons and factors why Finland is one of the top countries considering education. It is hard to give a simple conclusion, but one other reason mig ht be that relation between pupils and teacher is more based on trustfulness rather than for instance in Germany or many other Asian countries, where it is still more common toShow MoreRelatedThe Education System Of Finland1274 Words   |  6 PagesAlthough being a small country and not holding great level of power Finland is yet amongst one of the most fruitful educational performers in the world according to the recent â€Å"Programme for International Student Assessment (PISA) and Organization for Economic Co-operation and Development†. The nation was once in a comparable fall as to the United States education current day and can offer lessons for the United States and others in search of a working effective school system. The recent PISA studyRead MoreHealth Education in Finland2145 Words   |  9 PagesIn Finland, Parliament decides on the legislation on education, funding and education policies. The Government and the Ministry of Education responsible for educational policy planning and implementation. Ministry of Education and the Ministry of Culture to determine education policy guidelines and strategic policies. The Ministry of Education oversees the entire state budget tied to educational opportunities and training in preparing legislation and government decisions. A key player in the nationalRead MoreThe Finland s Education System986 Words   |  4 PagesAlthough Finland’s education system was progressing after WWII, the system still faced many challenges that would lead to a call for reform in the 1970s. The article, â€Å"Ten Years On: Progress and Problems in Finland s School Reform† provides eight features of the school system that were inadequate at the time and urged for reform. Some of the main issues at hand included but are not limited to social class separation in the school system, lack of connection between general and vocational institutionsRead MoreFinland And American Education System854 Words   |  4 PagesI n the 1970’s, Finland didn’t have a spot at the top of the education chain; in fact they had a poor education system (NEA). Finland has changed their education system over the past 35 years to make it better. They have changed their education system to become successful. When looking at the American education system and the Finland education system there are obvious differences between the testing, the paths for the students to take, the time management during school hours, and the classroom environmentRead MoreFinland Education System Research Paper1135 Words   |  5 PagesFindland’s education system is a  well-known topic  in Latin America.  People talk about it everywhere. It is documented on the newspapers, social media, and television. Every year, the World Economic Forum releases its  Global Competitiveness Report  on the state of the worlds economies, and in 2016, Finland topped the list (World Economic Forum, 2016). The schools’ repeat ed successes in national education rankings suggest that there is something great and rule-breaking about this education system thatRead MoreFinland Vs. American Education System913 Words   |  4 PagesIn the 1970’s Finland was not at the top of the education chain, in fact their education system was doing poorly (NEA). Finland has been changing their education system over the past 35 years to make their education system better. They have changed their education system to become very successful. When looking at the differences between the United States education system and Finland education system has obvious differences between the testing, the paths for the students to take, time management duringRead MoreFinland: The World ´s Best Education System1009 Words   |  5 PagesEducation differs from one country to another because every country possesses its own system of education. However, it is commonly believed that Finland has the world’s best education syste m (Gamerman,2008). So, its education system differs in many ways from the other countries like the one in Germany. The Finnish education system consists of basic education, upper secondary and higher education (Vossensteyn,2008) whereas German education system consists of primary education, secondary educationRead MoreA Brief Note On Finland s Education Program Essay1473 Words   |  6 PagesFinland’s education program is at the top compared to the rest of the world in all subjects and is a prime example of the leadership and curriculum that other countries are trying to apply in their own programs. The United States rankings, in English, math, and all other subjects are nowhere near compared to the Finish programs that . With Finland, they actually receive a real no child left behind a system that is completely paid for through the government funding that gives children the financialRead MoreHealth Education Systems in Finland, Norway, and Ethiopia1511 Words   |  7 PagesHealth education is any combination of learning experiences designed to help individuals and communities improve their health, by increasing their knowledge or influencing their attitudes (WHO 2013). According to WHO it is important to have skilled health workers which have technical competencies so that they can available to different kind of people. (WHO 2013.) The study of nursing is an education in a profession of health care. Nurses are responsible for giving quality health care for everyoneRead MoreA Better System : Finland Vs. United States Education System1786 Words   |  8 PagesA Better System: Finland vs. United States Education System The American education has tried to make recent changes to accommodate higher education and learning by implementing Common Core Standards. According to â€Å"The Common Core State Standards† magazine by Allison Jones and Jaqueline King, â€Å"Common Core Standards were created to ensure that all students graduate from high school with the skills and knowledge necessary to succeed in college, career, and life†¦Ã¢â‚¬  (Jones and King 37). Although the common

Macroeconomics comments Free Essays

One of the advantages of using monetary policy would be the fact that all of the policies under this regime are all highly impersonal since all of the decisions to make regarding the condition of the economy are all based on the empirical data and not on the value judgment of the government authorities. Moreover, monetary policy is more flexible than fiscal policy since the Federal Open Market Committee meets about every six weeks to make decisions regarding the condition of the economy and the immediate implementation of the said decisions (Faculty.etsu. We will write a custom essay sample on Macroeconomics: comments or any similar topic only for you Order Now edu, 2007). On the other hand, one of the possible draw back from using monetary policy would be the fact that monetary policy only offers short term economic activity and do not guarantee a sustainable activity in the long run. Moreover, monetary policy can easily be affected by external factors such as oil price hike and exchange rate which has a direct effect on the performance of any monetary policy the federal government currently have. As for the advantages of fiscal policy, this can increase the government revenue through the process of raising the tax rate and/or tariff on import goods. Moreover, fiscal policy can also attract productivity as the government provides incentives to those domestic and foreign investors just to keep the economy in balance. On the other hand, fiscal policy, is relatively less flexible a compared to the monetary policy since it takes a long time before the government officials make decisions regarding the economic conditions of the country. Oftentimes, they only meet once a year to settle all of the economic policies that the federal government will implement for the rest of the year. Moreover, fiscal policy intervenes into the private sector which sometimes causes economic losses on the part of the consumers and the producers, like tax. Fiscal policy is also highly subjective and usually based on the value judgment of the federal officials even if there are empirical facts at hand. Answer 1.2 One of the possible factors that trigger crowding out would be through expanding the government borrowing in order to finance an increase in expenditure. Cutting of tax can also lead to crowding out since private sector is being ‘crowd out’ from their investment through higher interest rate. In other words, when the government raises its borrowing in the money market, it causes an increase of the interest rate in the market which ‘crowds out’ private investors and individuals from the lending market. Answer 1.3 Automatic stabilizers like reduction on tax rate tend to mitigate output fluctuation without any explicit government action; therefore, there is no need for the government to make discretionary policies or make value judgment regarding a certain economic situation since automatic stabilizers already reduces the ‘economic problems’ that the government officials will have to solve. Answer 2.1 Whenever there is a high inflation rate existing in the economy, what then government usually does is to lower down its spending in order to put pressure for the aggregate demand of the economy to depreciate making way for the decrease in market prices. At the end of the day, inflation rate starts to slow down as the aggregate spending decreases due to the cutting of government spending. In other words, high inflation rate causes budget surplus since the government has to regulate its spending. On the other hand, whenever there is a low inflation rate in the economy, the tendency of the government is to intentionally acquire budget deficit since it has to increase its spending to create additional market for the business sector which eventually stabilize the market price condition. In short, if there is a low inflation rate, it is expected that the government will incur budget deficit due to the increase of its spending to stabilize the market price. Answer 2.2 I believe yes, size of assets must serves as basis in judging the budget deficit, in order to determine how the government spends with respect to the amount of assets that it presently holds. Having a large government asset can give way for a higher budget deficit since the government can use those assets as collaterals for those persons or financial institutions where the government will borrow money just to finance its activities. In short, having a large budget deficit is not a problem for as long as the government has large amount of assets on its hands. Answer 2.3 Pay-as-you-go is a system of paying a debt as they incurred, or it is a system of paying a good or service as it is used than as n outright purchase. One of the possible applications of this would be the pay-as-you-go tax wherein it is a system of paying a debt of businesses or individuals on an installment basis of their expected tax liability. Answer 3 Now I understand why the government sometimes acquires budget deficits and how inflation rate is related to the budget condition of our government. I find this issue interesting since although there is no direct relationship between inflation rate and government budget condition, still, after noting all of the economic factors in our country, it is clear that inflation affects the government budget condition indirectly and vice versa. Moreover, I learned that the federal government uses either monetary or fiscal policy depending on the type of economic condition is at hand based from the identified strengths and weaknesses of the two policy regime. It is surprising how these policies affects all the economic activities in the country although we cannot see it through our own eyes. It’s just like; these policies are acting invisible in our economy and solving economic turmoil of our country. At the end of the day, whichever policy regime will the government implement, what is important would be the end effect of all of the policies that the government will put into action to solve a given economic problem. References Faculty.etsu.edu. (2007). Fiscal versus Monetary Policy. Retrieved March 19, 2008, from http://faculty.etsu.edu/hipples/FPvsMP.htm How to cite Macroeconomics: comments, Essay examples

Macroeconomics comments Free Essays

One of the advantages of using monetary policy would be the fact that all of the policies under this regime are all highly impersonal since all of the decisions to make regarding the condition of the economy are all based on the empirical data and not on the value judgment of the government authorities. Moreover, monetary policy is more flexible than fiscal policy since the Federal Open Market Committee meets about every six weeks to make decisions regarding the condition of the economy and the immediate implementation of the said decisions (Faculty.etsu. We will write a custom essay sample on Macroeconomics: comments or any similar topic only for you Order Now edu, 2007). On the other hand, one of the possible draw back from using monetary policy would be the fact that monetary policy only offers short term economic activity and do not guarantee a sustainable activity in the long run. Moreover, monetary policy can easily be affected by external factors such as oil price hike and exchange rate which has a direct effect on the performance of any monetary policy the federal government currently have. As for the advantages of fiscal policy, this can increase the government revenue through the process of raising the tax rate and/or tariff on import goods. Moreover, fiscal policy can also attract productivity as the government provides incentives to those domestic and foreign investors just to keep the economy in balance. On the other hand, fiscal policy, is relatively less flexible a compared to the monetary policy since it takes a long time before the government officials make decisions regarding the economic conditions of the country. Oftentimes, they only meet once a year to settle all of the economic policies that the federal government will implement for the rest of the year. Moreover, fiscal policy intervenes into the private sector which sometimes causes economic losses on the part of the consumers and the producers, like tax. Fiscal policy is also highly subjective and usually based on the value judgment of the federal officials even if there are empirical facts at hand. Answer 1.2 One of the possible factors that trigger crowding out would be through expanding the government borrowing in order to finance an increase in expenditure. Cutting of tax can also lead to crowding out since private sector is being ‘crowd out’ from their investment through higher interest rate. In other words, when the government raises its borrowing in the money market, it causes an increase of the interest rate in the market which ‘crowds out’ private investors and individuals from the lending market. Answer 1.3 Automatic stabilizers like reduction on tax rate tend to mitigate output fluctuation without any explicit government action; therefore, there is no need for the government to make discretionary policies or make value judgment regarding a certain economic situation since automatic stabilizers already reduces the ‘economic problems’ that the government officials will have to solve. Answer 2.1 Whenever there is a high inflation rate existing in the economy, what then government usually does is to lower down its spending in order to put pressure for the aggregate demand of the economy to depreciate making way for the decrease in market prices. At the end of the day, inflation rate starts to slow down as the aggregate spending decreases due to the cutting of government spending. In other words, high inflation rate causes budget surplus since the government has to regulate its spending. On the other hand, whenever there is a low inflation rate in the economy, the tendency of the government is to intentionally acquire budget deficit since it has to increase its spending to create additional market for the business sector which eventually stabilize the market price condition. In short, if there is a low inflation rate, it is expected that the government will incur budget deficit due to the increase of its spending to stabilize the market price. Answer 2.2 I believe yes, size of assets must serves as basis in judging the budget deficit, in order to determine how the government spends with respect to the amount of assets that it presently holds. Having a large government asset can give way for a higher budget deficit since the government can use those assets as collaterals for those persons or financial institutions where the government will borrow money just to finance its activities. In short, having a large budget deficit is not a problem for as long as the government has large amount of assets on its hands. Answer 2.3 Pay-as-you-go is a system of paying a debt as they incurred, or it is a system of paying a good or service as it is used than as n outright purchase. One of the possible applications of this would be the pay-as-you-go tax wherein it is a system of paying a debt of businesses or individuals on an installment basis of their expected tax liability. Answer 3 Now I understand why the government sometimes acquires budget deficits and how inflation rate is related to the budget condition of our government. I find this issue interesting since although there is no direct relationship between inflation rate and government budget condition, still, after noting all of the economic factors in our country, it is clear that inflation affects the government budget condition indirectly and vice versa. Moreover, I learned that the federal government uses either monetary or fiscal policy depending on the type of economic condition is at hand based from the identified strengths and weaknesses of the two policy regime. It is surprising how these policies affects all the economic activities in the country although we cannot see it through our own eyes. It’s just like; these policies are acting invisible in our economy and solving economic turmoil of our country. At the end of the day, whichever policy regime will the government implement, what is important would be the end effect of all of the policies that the government will put into action to solve a given economic problem. References Faculty.etsu.edu. (2007). Fiscal versus Monetary Policy. Retrieved March 19, 2008, from http://faculty.etsu.edu/hipples/FPvsMP.htm How to cite Macroeconomics: comments, Essay examples