Macroeconomics Research Paper Example | Topics and Well Written Essays - 1000 words - 1

Macroeconomics - Research Paper Example The fiscal policy should be used because it leads to increase in disposable income that translates to increase in demand for goods. It also leads to creation of employment translating to increase in consumption rate. Increase in demand eventually leads to enhanced economic growth (Sullivan & Sheffrin, 2003). Expansionary Fiscal Policy entails the government efforts to raise the aggregate demand. It thus involves raising the government expenditure and lowering taxes. This will have the effect of increasing the Aggregate demand and eventually lead to increased rate of economic growth. This can be illustrated by the equation and the graph shown below: (AD=C+I+G+X-M). This policy will also lead to the multiplier effect. When the government spends more, this money is transferred to the people. This means that when a person receives some money, he will spend part of it and maybe save the rest. The money will be transferred to another person who also does the same. Lowered taxes will increase the levels of disposable income which translate to extra spending and eventually higher economic growth. The multiplier effect has significant advantages to the growth of the economy because it leads to creation of employment and increased consumption (Gavel, 2012). When the government increases its expenditure, it implies that there is more activity both in the private and public sector leading to creation of jobs. For instance, if the government decides to spend more on the construction of roads, it means that more employees will be required in offering skilled, semi-skilled and unskilled labor (Gavel, 2012). It also implies that the new projects will require materials from different suppliers who have to raise their production levels. The raised production levels will need extra labor and more people will get jobs. As mention above, the multiplier effect leads to money reaching more people within the economy. These

Unit4legal Essay Example | Topics and Well Written Essays - 250 words

Unit4legal - Essay Example The office management will be demanded to make compensate Samantha for the injury and pay for the medical bill that may be incurred. The Indiana comparative fault statute also includes the sharing of the fault that led to the injuries or losses. The office management can thus argue that Samantha should take blame for the injury by failing to be careful and because of the distraction that was caused by her two year old child. The statute states that in case the claimant causes more than 50% of the fault, no compensation will be awarded. However, in case the percentage of fault by the claimant is less than 50%, s/he will be granted the right to fair compensation from the defendant (Indianas comparative fault act 23). Moreover, the Indiana act also consider instances in which the various claimants can be considered as a single party because of their relationship (Indianas comparative fault act 26). At the same time, where the cause of the fault is attributed to a third party, the defendant can claim mitigation since s/he did not intend to cause the harm. On the contrary, full compensation will be awarded to the claimant if there is proof that the fault was intentional and that the defendant had total control on the cause and impact of the fault. The US comparative negligence also has similar provisions in case of injuries and losses that arise because of tortuous acts. In summary, the Indiana comparative fault statute lays down factors that the jury puts into consideration when awarding damages, how the proportion of faults is distributed among the parties and what determine the damages to be