Determinants of GDP in an Economy

Determinants of GDP in an Economy Research Ethics Introduction GDP (gross domestic product) is the main indicator of any economy’s growth. Every country’s economy works for improving its GDP because it is the type of indicator which shows overall state of affairs the Economy is in or rather the conditions of the State in terms of its Economic Growth. GDP is considered as the national income of any country. GDP is the monetary value of all final goods and services produced in the country[1]; mostly it is counted at annual basis. There are 3 approaches or methods to calculate the GDP of the country, which are as follows: Income approach Product approach Expenditure approach All these have listed methods have their own significance in terms of calculating the GDP. The most widely used method by many countries to count the GDP is; the income approach. The Income approach is based on the method in which all the revenues or income circulating in economy like wages, interest rate, rent and profits are accumulated. The Product Approach counts the value of all final goods that is produced in the economy. This is done so to avoid the double counting of the product value. The Expenditure approach counts all private and public expenditures which were conducted in an Economy. In other words it is all the money spent by the Government for the benefit of the People[2]. GDP is affected by every determinant and variable in the economy. The effectiveness could be low or high it depending on the variable. For example if we were to say that education is one of the factors that affects the GDP so the effectiveness must be very high because it effect in multiple ways like it increases the human capital, it increase the technological levels, it helps to reduce crime in society etc. GDP is usually low in developing countries and high in the developed countries. The level of GDP is a matter of concern for the Economy; although the stability of Economy can be found out by observing variation in GDP[3]. One of the reasons of success of developed countries is also their consistency in terms of GDP levels. However one cannot ignore the fact that there are many factors behind the consistency of GDP. Research Design The design of research is always extracted from literature review section. There is a strong relationship between literature review and research methodology or research design[4]. For designing research for GDP first researchers need to collect and read all the related articles; from where researchers can find out about the factors which are effecting the GDP. The process of reviewing literature is to collect all the bibliography of articles on GDP then start reviewing it one by one. After review of article the researcher should write in literature review about the hypothesis questions which he has identified from the review portion of literature. The data used in articles, methodology applied, findings of the research posting of recommendations and conclusions. These are the important findings of any research article. From reviewing the article it is extracted that GDP is mainly depend on investment, human capital and on interest rate. The data which we use is secondary data and we tend to find out how the GDP of developing countries is affected by investments[5], human capital and education. We use the data of these variables on several previous years to identify or predict the trend of the GDP of the existing year. Hence from review of literature we find that in research design we use the methodology of panel or pool regression because the data is panel in nature. Panel data means the data is based on more than one year (number of periods) and observing more than one country (cross sectional unit). Data Collection There are basically two types of data primary data and secondary data. The primary data are used mostly for qualitative methods and secondary data are used mostly for quantitative data. Primary data are the data which is firsthand experience like data collected from surveys by researcher as far as secondary data which is often found in forms of a published data. Our study is quantitative study and based on secondary data because we use published data from authentic source such as government publications. The procedure of data collection is divided in several parts. Firstly researcher does planning and finalizes the general topic in which researcher has command and deep knowledge, then the researcher finds all the relevant article for that topic and also collect different literature from websites, books, manuals and other resources. After reviewing all these material a concept is developed in the mind of researcher that what variable researcher will use and which cross sectional countries the researcher will select and run the tests on and of course for how many years does he intend to run tests on. i.e. for instance In order to find out the GDP of UK for 2016, the researcher may run tests on from a period of 2010 to 2015 to predict the GDP trends and forecast the outlook of GDP in UK. In the relevant study we find from many resources that investments, human capital and interest rate are the key factors which effect GDP of developing countries. The data we will use for developing countries and for the year 2000 to 2014. The data is available on world development bank. We can extract data from world development indicators. All of the data is available on WDI quite easily. The articles which researcher has studied are used for referencing purposes and given in detail in bibliography section of the Research Project. Strengths and Weaknesses Documentary research, is characterized by the use of documents; collects, selects, analyzes and presents consistent results; because it uses the logical and mental processes of any investigation; analysis, synthesis, deduction, induction, etc., because it performs a process of scientific abstraction, generalization based on the fundamentals; because it is an appropriate data collection that allow rediscover facts suggest problems, orient to other research sources, direct ways to develop research tools and develop scenarios[6]. At the same time, it can be considered as a fundamental part of a much broader process of scientific research, and finishing; it is a research carried out in an orderly and targeted, in order to be based on the construction of knowledge, and based on the use of different techniques: location and setting data, analysis of documents and content[7]. In turn, the bibliographic research allows, among other things, support research to be performed, avoid undertaking investigations already carried out, take cognizance of experiments and made to repeat when necessary, continuing interrupted or incomplete investigations, search for suggestive information, select materials for a theoretical framework, among other purposes.[8] Ethical Consideration In every study there are some ethics of research which the researcher should keep in mind. These ethics are essential components while doing the research. There is a component of relevance which means that the study that researcher is doing it should be related to the literature review and relate to the references and bibliography that have been used in the study. Another component of ethics is completeness which describe that the sources should be complete in the sense that whole study have to be referenced and the study should give complete picture so that it is find interesting by reader[9]. Another component is current approach it means the study should meet the current approaches of subject it should not be old or far behind of today’s modern research in that subject. It should also highlight the recent and latest development in the study. Our study meets all the ethical components efficiently because we give the references o related studies and our research is a complete package and also it is up to date research because the issue persists in several developing countries. Conclusion Conclusion is the last part of study which not only concludes research but also give recommendations to the problem that has been discussed in the study. GDP is the base of any economy and the indicators which researcher pick for testing their effectiveness to GDP are investment, human capital and interest rate. Researcher observes that all these 3 variables are significant but investment and human capital effect GDP in positive way as far as interest rate is concerned it affects the GDP in a negative way because when interest rate increase people tend to save more and decrease their investment. References http://www.investopedia.com/terms/g/gdp.asp Landefeld, Steven J., Eugene P. Seskin, and Barbara M. Fraumeni. Taking the pulse of the economy: Measuring GDP.The Journal of Economic Perspectives22, no. 2 (2008): 193-193. Demirgà ¼Ãƒ §-Kunt, Asli, and Enrica Detragiache.The determinants of banking crises-evidence from developing and developed countries. Vol. 106. World Bank Publications, 1997. Janesick, Valerie J. The dance of qualitative research design: Metaphor, methodolatry, and meaning. (1994). Tanzi, Vito, and Hamid Davoodi.Corruption, public investment, and growth. Springer Japan, 1998. Creswell, John W.Qualitative inquiry and research design: Choosing among five approaches. Sage, 2012. Punch, Keith F.Introduction to social research: Quantitative and qualitative approaches. Sage, 2013. Bryman, Alan.Social research methods. Oxford university press, 2012. Guillemin, Marilys, and Lynn Gillam. Ethics, reflexivity, and â€Å"ethically important moments† in research.Qualitative inquiry10, no. 2 (2004): 261-280. [1] http://www.investopedia.com/terms/g/gdp.asp [2] Landefeld, Steven J., Eugene P. Seskin, and Barbara M. Fraumeni. Taking the pulse of the economy: Measuring GDP.The Journal of Economic Perspectives22, no. 2 (2008): 193-193. [3] Demirgà ¼Ãƒ §-Kunt, Asli, and Enrica Detragiache.The determinants of banking crises-evidence from developing and developed countries. Vol. 106. World Bank Publications, 1997. [4] Janesick, Valerie J. The dance of qualitative research design: Metaphor, methodolatry, and meaning. (1994). [5] Tanzi, Vito, and Hamid Davoodi.Corruption, public investment, and growth. Springer Japan, 1998. [6] Creswell, John W.Qualitative inquiry and research design: Choosing among five approaches. Sage, 2012. [7] Punch, Keith F.Introduction to social research: Quantitative and qualitative approaches. Sage, 2013. [8] Bryman, Alan.Social research methods. Oxford university press, 2012. [9] Guillemin, Marilys, and Lynn Gillam. Ethics, reflexivity, and â€Å"ethically important moments† in research.Qualitative inquiry10, no. 2 (2004): 261-280.

Crucible- Abigail Williams Essay

Due to our nature, the human race will do astonishing things in the name of love and fear. Abigail Williams in â€Å"The Crucible† is a fantastic example of this. Not only are her actions absurd to try and gain John Proctor’s whole hearted affection, who was her lover, but also to gain submission of an ample portion of Salem due to fear. A large part of the submissiveness was gained by her ability to manipulate others, especially those she knows well. She starts the fire of hatred, for witches and the townspeople, within Salem. The fuel was already there; all that was needed was the last spark to get the flame going. Abigail was this spark, created by her insatiable lust for John Proctor. She instigated the witch trials, and used the produced hysteria in an attempt at personal gain, using a step by step plan. This plan developed through the play, feeding Abigail’s ambition and power. Step 1. Manipulate the town’s girls into doing witchcraft in the woods. Abigail convinced some of the teenage girls in Salem to join her in the woods. Being unmarried teenage women in this time period, they had little to do, minimal social status, and undoubtedly yearned for adventure. There were only two people lower than them in status, and that would be Abigail and Tituba because Abigail was an orphan, and Tituba a black slave. She convinced Tituba, to sing songs from Barbados about witchcraft. Abby then persuaded Ruth Putnam to believe that Tituba would be able to conjure up the spirits of her dead siblings. If it worked then she could bring to light the mystery behind all of her dead siblings. In getting others to do it with her, she will not be the only one to be punished, therefore spreading the blame across many, and if caught the blame could be transferred to the one with the least status, the slave- relieving Abby of punishment. Step 2. Drink a potion to acquire John. While in the woods Abigail drank a charm in an attempt to kill Mrs. Proctor, which in her eyes is the only person between her and John. â€Å"You drank blood, Abby! You didn’t tell him that!† (Betty, A.1, p.1244). This quote begins to give the reader an idea of what Abigail will do to gain Proctor. It would take quite a drive for someone to willingly drink blood, and in drinking it, wish death upon another person. This was a very Puritan society, and all of her actions would be looked down upon by the townspeople. First she entered the forest (the place of the Devil), then she danced (unacceptable for women of that age), then she drank a charm of blood (not accepted by society), and lastly in drinking that charm she is wishing ill upon her ‘neighbor’ which is going against one of the Commandments. The Bible was the law at the time, and going against its foundation was disgraceful. Step 3. When discovered, blame Tituba. When Abigail is being questioned by Parris, the day after being caught, about the girls’ doings in the woods, she gives away little. She reveals â€Å"We did dance, uncle, and when you leaped out of the bush so suddenly, Betty was frightened and then she fainted. And there’s the whole of it.†(Abigail, A.1, p.1238). This sentence shows an insight to Abby’s manipulative power over Parris. Fainting from fright from being caught by her father doing an illegal activity could be an explanation for Betty’s inactivity. Abigail admits to what he saw, but makes it hard for him to push the question further when she says the finalized statement ‘there’s the whole of it’. The affirmation also denies any other doings, saying the girls are innocent. Parris then grasps at another chance to question Abby, this time about possible rumors of her in the town. She skillfully maneuvers around the interrogation, and then is saved by the entrance of Mrs . Putnam. Goody Putnam reveals her and her daughter (Ruth)’s desires to figure out what caused her children to die in infancy. Step 4. Exploit Tituba’s weaknesses, while hiding behind lies. When questioned Abigail turns the accusation to Tituba saying she was alone in conjuring the spirits of Ruth’s siblings. This brings the pressure off of Abigail and onto two other people. She can then sink into the background, becoming invisible while Parris and Hale interrogate Tituba. Tituba is the unhappy slave, with witchery songs, low status, and desiring to be free and return home. Due to this, Parris and Hale break Tituba down till she admits to contracting with the devil. In a frenzy to bring pressure off herself and avoid hanging, Tituba then goes on to state names of women in the community. Sarah Good and Goody Osburn are first. Then Abigail stands up from the shadows seizing the chance of being able to accuse people and bring the attention to her in a positive way by saying â€Å"I want the light of God, I want the sweet love of Jesus! I dance for the Devil; I saw him; I wrote in his book; I go back to Jesus; I kiss His hand. I saw Sarah Good with the Devil! I saw Goody Osburn with the Devil! I saw Bridget Bishop with the Devil!† (Abigail, A.1, p.1263). These exclamations go against what she has previously sworn, yet no one seems to notice anything besides her confession and the names she says. Abby repeated the names Tituba already said, along with another, therefore strengthening the accusations while playing on the slave’s incompetence of missing one of the people, which strengthens her own position. Step 5. Use newfound status to demolish those who oppose her. Since there are so many people being accused, the town gets an aura of being unsafe and corrupt by the Devil. This causes the accused to accuse others, from old rivalries and suddenly having a chance to comeback, or from being interrogated till they give up names, multiplying the numbers, while they also believe the accusations out of fear. Fear of being accused, of being witched, or of getting hung for disbelieving the court and the Bible. In Act II sixteen people had warrants sent out for their capture. Abigail continuously accuses people who confess, adding to her credibility. She also has fainting incidents, trances, and other public displays which she credits to others using demonic powers on her, sending the message that she is an innocent orphan being harmed by the Devil because she is standing against him. This helps her gain pity, and brings more citizens to her side. An example is when Mary Warren tries to testify against Abigail, Mercy, and Susanna. The girls exclaim that Mary has sent her spirit out in a wind to make them cold. This is proven by their exclamations. Mercy: â€Å"Mary, do you send this shadow on me?† Susanna: â€Å"I freeze, I freeze!† Abigail: â€Å"It is a wind, a wind!† Danforth: â€Å"Mary Warren, do you witch her? I say to you, do you send your spirit out?†(A.3, p.1307) Danforth’s question seems to state what the other girls were implying. This goes to show what some acting can bring upon a girl and a town. By faking a wind, the girls make Mary’s testament against them invalid, therefore increasing Abigail’s power within the court, and getting rid of another challenger. Step 6. Secure Goody Proctor as a witch using credibility established within the court. After accusing Elizabeth in Act 2 because of alleged use of poppets, Abigail has to make sure there is no way out for her. When this is done and she is hung she can finally have her love, John Proctor. The townspeople generally ignore evidence and support her claims of witchery, most likely out of fear of her power. John Proctor is one of the few willing to stand against her. After many attempts, all of which failed, John resorts to drastic measures. He admits to committing adultery. â€Å"I have made a bell of my honor! I have rung the doom of my good name- you will believe me, Mr. Danforth! My wife is innocent, except she knew a whore when she saw one!†(Proctor, A.3, p.1309) In this statement, Proctor not only admits to adultery, and tries to protect his wife; he also calls Abigail a harlot. Abigail is astounded by his reveal, and undoubtedly worked up by his language towards her. This is the point where Abby seems to realize that Proctor does not love her and that she won’t ever be with him, even if Elizabeth dies. Her plan has failed, and everything she has done was for nothing. Her astonishment turns to resentment, for she then makes no attempt to same John when he is sentenced to hang. Her only thoughts now seem to be of self preservation. She was the ring leader of the witch trials, and with them coming to the end, and no chance of being with John, her power will soon be gone. She steals her uncle’s savings then flees the city. She lost a love she never truly had, and in the process left behind a broken, manipulated town. Love and fear are two of the most influential emotions, and in â€Å"The Crucible† both are experienced firsthand through Abigail. The author, Arthur Miller, uses this to his advantage making the play and characters relatable to the audience. These universal themes are relevant at all times in history which is why the play is still shown to this day. Abigail is not only a great example of those traits, but also reflects a maniacal manipulator existing in many societies. This along with other traits makes her the most important character to the play, along with the witch trials which she helped instigate for personal gain. It’s amazing what a teenage girl in a small town can do with a few words and manipulation.

Preparation and Reactivity of Sn1 2-Bromobutane

Preparation and SN1 Reactivity of 2-Bromobutane Paul DeJong Department of Chemistry, Illinois State University, Normal, IL 61790-4160 Submitted: April 4, 2013 Introduction The purpose of part 1 of the lab is to prepare 2-Bromobutane using SN1 reactions. The purpose of part 2 of the lab is to determine the relative reactivity of alkyl halides under SN1 conditions. Results and Discussion The Overall Reaction The Proposed Mechanism Experimental Procedure To prepare 2-bromobutane in part one of the lab, you have to set up a flask apparatus with a thermowell and a Claisen adapter.Attached to the Claisen adapter is a thermometer measuring the temperature in the flask and a vertical condenser for reflux. Add in the reactants to the flask, sulfuric acid, 2-butanol, and ammonium bromide. Heat to 95OC and then maintain temperature for 30 minutes. Then, water was added and simple distillation began. The aqueous layer of the distillate was removed leaving the product, 2-bromobutane. For part 2, two drops of each of the following were placed in 3 different test tubes: 2-bromobutane, 1-bromoutane and 2-bromo-2-methylpropane.In each of the tubes an even amount of silver nitrate is added. Observations of the reactions precipitate are recorded. Same process is done with 2-chlorobutane, 2-iodobutane, and 2-bromobutane. Experimental Stoichiometry Compound| Molecularweight| Quantity| Moles| 2-butanol| 74. 12 g| 7. 4 mL (6. 0 g)| 0. 081| Sulfuric acid| 98. 08 g| 20 mL (12M)| 0. 24| Ammonium bromide| 97. 94 g| 8. 0 g| 0. 082| The limiting reactant is 2-butanol. Yield Data 2-bromobutane| | Molecular Weight| 137. 02 g|Theoretical Yield (moles)| 0. 081 mol| Theoretical Yield (grams)| 11. 10 g| Actual Yield| 10. 11 g| NMR Table Signal| Chemical Shift| Multiplicity| Integration| A| 4. 11| Multiplet| 1H| B| 1. 85| Pentet| 2H| C| 1. 60| Doublet| 3H| D| 1. 08| Triplet| 3H| Reactivity of Alkyl Halides Compound| Observations at Room Temp| Observations upon Heating| 1-bromobutane| Clear| Very little change but some white ppt| 2-bromobutane| Clear| Moderately cloudy white ppt| 2-bromo-2-methylpropane| Brown tint| Very milky white ppt|Compound| Observations at Room temp| Observations upon heating| 2-chlorobutane| Clear| No ppt at all| 2-bromobutane| Clear| Moderately white and some yellow ppt| 2-iodobutane| Dark brown| Thick, milky white and yellow ppt| Conclusion Overall, the first part of the lab produced 2-bromobutane using SN1 reactions. This product was then used in the second part of the experiment to determine the relative reactivities of alkyl halides. Reactivity increases as follows 1O < 2O < 3O and Cl- < Br- < I –

Provincial Flower Emblems of Canada

Each of the provinces and territories of Canada has an official floral emblem. There is no national flower of Canada. Alberta Provincial Flower Wild Rose BC Provincial Flower Pacific Dogwood Manitoba Provincial Flower Prairie Crocus New Brunswick Provincial Flower Purple Violet Newfoundland Provincial Flower Pitcher Plant NWT Official Flower Mountain Avens Nova Scotia Provincial Flower Mayflower Nunavut Official Flower Purple Saxifrage Ontario Provincial Flower White Trillium PEI Provincial Flower Ladys Slipper Quebec Provincial Flower Blue Flag(replaced the fleur-de-lis) Saskatchewan Provincial Flower Western Red Lily Yukon Official Flower Fireweed