The Net Domestic Products (NDP) Equals The Gross Dmestic Product (GDP) Essay Example for Free

The Net Domestic Products (NDP) Equals The Gross Dmestic Product (GDP) Essay The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a countrys capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. The depreciation accounted for is often referred to as capital consumption allowance and represents the amount of capital that would be needed to replace those depreciated assets. If the country is not able to replace the capital stock lost through depreciation, then GDP will fall. In addition, a growing gap between GDP and NDP indicates increasing obsolescence of capital goods, while a narrowing gap means that the condition of capital stock in the country is improving. Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period of time. GDP per capita is often considered an indicator of a countrys standard of living;[2][3] GDP per capita is not a measure of personal income (See Standard of living and GDP). Under economic theory, GDP per capita exactly equals the gross domestic income (GDI) per capita (See Gross domestic income). GDP is related to national accounts, a subject in macroeconomics. GDP is not to be confused with gross national product (GNP) which allocates production based on ownership. The University Grants Commission (UGC) of India is a statutory organisation set up by Union government in 1956, for the coordination, determination and maintenance of standards of university education. It provides recognition for universities in India, and provides funds for government-recognised universities and colleges. Prof. Ved Prakash, a noted academician and education administrator, is the Chairman of UGC, India. Its headquarters are in New Delhi, and six regional centres in Pune, Bhopal, Kolkata, Hyderabad, Guwahati and Bangalore.

Spiritual Discernment and Career Counseling Essay -- Religion, Spiritu

Ralph Waldo Emerson (1883) said, â€Å"Each man has his own vocation, his talent is his call. There is one direction in which all space is open to him.† (p. 112). He was speaking of the gifts granted us by God to fulfill the plan that He has for our life. Discovering and utilizing those gifts is part of the decision making process in career counseling. Christians advocate the use of spiritual discernment in order to guide the decision making process. Properly interpreting the will of God for one’s life is at the heart of each of our choices including those choices involving vocation. Personal Position Horton (2009) provides an inventory to assess one’s personal spiritual discernment approach. In taking this assessment, I found that I answered all of the statements with â€Å"very important†. Indeed, each statement played a large role in my decision making process with respect to my current vocational pursuits, as well as other aspects of my life. As such, I found it more fruitful to prioritize the statements. Once completed, the results showed that my top three were: Consistency with the character/ethics of Jesus, praying for wisdom to make Godly decisions and Consulting with wise counsel. Given my manner of completing the survey as well as the resulting answers, I originally placed myself in the â€Å"Bull’s-Eye Approach† (p. 8). My problems with the approach led me to alter my assessment, however, and go toward the â€Å"Relationship-Formation Approach† (p. 11). Horton (2009) reports that the bull’s-eye approach posits that God’s will is that each of us fulfills a pre-planned destiny. It states that Christians are prevented by God from straying too far afoul of the plan and that the goal is for each one to find the â€Å"right† decisions... ... with God that includes consistent prayer, seeking wise counsel, studying scripture and looking for God’s divine intervention will reveal her destination. Works Cited Emerson, R. L. (1883). The works of Ralph Waldo Emerson. London, UK: MacMillan Company. Horton, D. J. (2009). Discerning spiritual discernment: Assessing current approaches for understanding God’s will. The Journal of Youth Ministry, 7(2), 7-31. Nichols, J. L. (2006). Balancing intuition and reason: Tuning in to indecision. Journal of Rehabilitation, 72(4), 40-48. Niles, S. G. (2009). Career development interventions in the 21st century. Upper Saddle River, NJ: Pearson Education. Thompson, E. & Feldman, D.B. (2010). Let your life speak: Assessing the effectiveness of a program to explore meaning, purpose and calling with college students. Journal of Employment Counseling, 47(1), 12-19.

Justive vs. Injustice in Mad Shadows Essay

1.1 â€Å"Her mother Louise, who was rich and owned many farms, gave her daughter all the most menial chores in order to devote her life and her remaining youth to Patrice† (Blais 16) Shuns daughter because of her ugly appearance 1.2 â€Å"Exasperated, she swallowed her fury, her heart crying out for justice. But rebellion gave her strength and her hands grew sharp as knives.† (Blais 19) Used to injustice, sharp hands – cut bread – religious imagery. 1.2 â€Å"Crushed and humiliated for so long, Isabelle-Marie experienced pleasure as a kind of delirium, an emotion which consumed both flesh and blood: love of the earth, love in the face of ingratitude.† (Blais 19) Lack of justice Returns to reality from the day Denied of self-realization or any sense of true rebirth 1.2 † ‘I have decided to take a trip. I would like to discuss the latest farm equipment with some friends. You see, with fewer workers and more†¦Ã¢â‚¬â„¢ Isabelle-Marie listened, frigid and unresponsive.† (Blais 22) I-M getting kicked out of the place she belongs, the farms, by the equipment bought by Louise 1.3 â€Å"At other times, in delirium, he would go out and run around the garden like a madman. He held out his arms and raced towards the lake, where he plunged his feverish face and his whole famished body into the water.† (Blais 25) Water: forgiveness, comfort – narcissism Lives off the land 1.5 â€Å"He felt a strange contempt, half-masculine, half-childish, and his dilated nostrils made his mask of pride into a mask of rebellion.† (Blais 37) Hate for Lanz, wants to rebel, injustice against him 2.1 â€Å"Louise’s hand clutched the frail shoulder. Her nails pierced the skin. All her contempt for her daughter spurted like pus from her fingernails.† (Blais 59) Louise hurts her daughter to know what happened to Patrice 2.8 â€Å"Before her stood Patrice, always Patrice, the one who was admired, understood, the Idiot! The uglier she felt, the more crushed and humiliated, the more she thought about destroying her brother’s unjust beauty.† (Blais 84) Jealous of Patrice’s beauty and how that helps him in his life Foreshadows revenge 4.2 â€Å"Frightened by this new tone of voice, the child kneeled in front of Louise.† (Blais 104) Not her fault, yet is chastised for it 4.2 â€Å"Mother, ever since I was a child you adored Patrice because he was beautiful and hated me, the ugly one. †¦ Did you think I had no feelings just because I was ugly?†

Business in the International Economy - 1704 Words

ECO8060: Business in the International Economy Assignment 1 Name: Tabassum Ansari Student Id: 0000599937 Part A: 1. Demand sensitivity depends on all of the following except Ans. The sensitivity of a Firm’s output to changes in its price. 2. Which of the following is true if the total variable cost curve is rising Ans. Marginal cost is increasing. 3. In exhibit 1 below, when the price is $5, the firm: Ans. should produce output equal to 7 4. The most recent phase of globalization is charactized by which of the following? Ans. Enormous growth of cross-border trade and investment. 5. Many firms have successfully lowered trade and investment barriers by Ans. Petitioning the World Trade Organization. 6. Which of the following most†¦show more content†¦If both of these countries were given resources to produce both oil and cars it would be a waste for both the countries therefore by trading with each other, Japan and Saudi Arabia employ their respective resources efficiently by mutually benefiting from each other’s relationship. Japan gets oil that it needs to power its cars, and Saudi Arabia gets the cars that its citizen needs. Thus products that countries produce and with which they can trade freely with others countries and can achieve substantial gains from trade and can result in improving national living standards. With the Absolute Advantage Principle we can only gain in which one country is better off in producing its products or services in which it is advantaged to that country but in Comparative Advantage even if the country is not able to produce those products it can still trade and be advantageous to both the countries. Comparative Advantage and Trade: Discussion: Trade allows countries to use their resources more cost-effectively through gaining expertise. It allows countries to become more productive and able to gain high a standard of living and will keeping the cost of everyday products minimal. Without International Trade, most nations would be unable to feed, clothe, etc. Even countries which are rich in resources would also suffer immensely without trade. Some types of products would become unavailable, orShow MoreRelatedImpact of International Business on the Global Economy4621 Words   |  19 PagesTHE IMPACT OF INTERNATIONAL BUSINESS ON THE GLOBAL ECONOMY Niki Geiersbach Abstract With the dawn of globalization, international business is becoming increasingly popular. Multinational organizations are among the most profitable in the world. A company needs to be aware of the language and culture of the country where it plans to embark with its investment. 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Government planners decide which goods andRead MoreGlobalization and Its Impact on International Business Essay1558 Words   |  7 Pageson international business†¦..7 The road ahead for international business†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦9 Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..11 Reference†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦12 Introduction Every day we hear it on the news, read it in the papers, overhear people talking about it†¦ and in every single instance the word globalization seems to have a different meaning. So, what is globalization? What are its main drivers? Why and how does globalization impact international business? 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