Analysis of the Business Cycle Essay Example | Topics and Well Written Essays - 1000 words

Analysis of the Business Cycle - Essay Example The United States unemployment rate in May 2011 was 9.1 percent slightly higher than that of April 2011 which was 9 percent. Employment rates in government sectors continued to decline while job opportunities were generated in private sector, health care and mining. The number of unemployed person in May 2011 was 13.9 million. Inflation rate in United States has a continuously rising trend. It has systematically increased from 1.6 percent in January 2011 to 3.13 percent in June 2011. While in April and may it sustained on 3.2 percent. United States economy growth rate has greatly decelerated since last few years the above analyzed data shows that United States economy is in a phase of slow recovery with its 3.3 percent GDP growth rate. There had been fluctuations in inflation and unemployment rate- slight increases and decreases and some times the rate sustained at one level. The growth rate here is very slow and it is insufficient for the recovery of United States economy. With the same growth rate it can be projected that the recovery of the economy will speed up in 2015. By bringing down the inflation and unemployment rate and increasing the GDP growth rate United States can fasten up its recovery stage. There had been high rising trends in United States GDP growth rate. It was the highest in the year 1990 with an amazing growth rate of 10.5 percent. A monopolistic firm has to analyze the GDP growth rate, inflation rate and unemployment rate of the economy very carefully as these aspects can have a direct effect on its labor cost and sales rate. As we can see a rising trend in GDP growth it shows that the whole economy is in function and there is an increase in aggregate demand which in turn increases the inflation by demand pull and cost push. At this stage a competitive monopolistic firm must increase its sales as there is a huge amount of money facing a little amount of goods. An increase in sales can occur when the GDP growth rate is increasing along wit h the inflation rate. But when there is a negative trend of gross domestic product a monopolistic firm may face a reduction in its sales rate. Because the economy is functioning in a slow manner the aggregate demand decreases and therefore the firms have to cut down their sales in order to avoid losses. The functioning of a competitive monopolistic firm here would be that it would increase its sales because the data shows an increase in GDP growth rate from 1.8 percent to 3.3 percent which in turn has increased the inflation rate as well from 1.6 percent to 3.13 percent. The monopolistic firm should also cut down its labor cost very cautiously. The wages cost is comparatively lower when the unemployment rate is low and it is slightly higher when the unemployment rate is high. Here the unemployment rate is increasing, as it was 9 percent in April and 9.1 percent in May and the monopolistic firm can cut down its cost but the firms should keep in concern that the labor or wage cost inc reases with the increase in GDP. If the firm will not keep an eye on increasing GDP rate and will cut down its cost to the minimum limit then a competitive firm will become uncompetitive because when the economy picks up and the Gross Domestic Product rises the increase in labor or wage cost may faster than the increase in sales of the firm. Under the present circumstances the firm can cut down its cost slightly and should keep a precautious look on GDP growth rate and unemploy

The Movie Disclosure as a Depiction of Office Politics Essay

The Movie Disclosure as a Depiction of Office Politics - Essay Example The plot starts to develop when tom sanders (Michael Douglas) misses a promotion opportunity which ended up being given to his ex girlfriend Meredith (Demi Moore) instead. The new boss tries to rekindle the relationship by aggressively urging Tom to reconsider. Tom is steadfast in refusing her advances since he is happily married and now a family man. Tom has a momentary lapse of judgment, and almost gives in to Meredith’s advances, but quickly recovers rejecting her. This prompts Meredith to get back at him by falsely accusing him of sexual harassment. This .leads to tom being offered an ultimatum of being fired or being reassign. However, Tom fights for his innocence and various twists in the plot characterize the rest of the film. The film was captivating for the whole length and the twists that characterize the film keep the audience movie e interested. The film was fascinating and kept me glued on the screen until the end. The movie is a depiction of the reality of sexual harassment in the workplace. The movie elicited strong feelings from the audience in that there were mixed reactions on the issues explored by the film. The movie impressed critics, and the audience with its twists and the gripping storyline on sex and power in the office. The cast was also commended for their brilliant displays in bringing the film to life through their roles. The role of Demi more as the villain was commended in that she portrayed the role of a dreadful boss brilliantly. The movie also had a negative reaction from viewers in that some factions felt that the film was too graphical. They also felt that the plot was only used to justify the explicit scenes that characterized the film. The reaction of the audience was mixed in terms of interest in the film, since the film had astonishing financial success totaling over $200 million. The movie was commended for shedding light into the unethical practice that individuals go through in the workplace. It took the social responsibility of addressing the social issue of sexual harassment in the workplace. The cast was well picked, and they fit into their roles with ease. The plot was a complex one, but the cast did a remarkable job in bringing out the issue being addressed in the film. The leading characters were brilliant throughout the film, and Michael Douglas did an outstanding job in playing the role of a victimized employee. He relates brilliantly with the dilemma that victims of sexual harassment face especially if they are subordinates in a working environment. Demi Moore is believable in her part as the villain in the movie. She depicts the role of an abusive and powerful boss who is aggressive and does not accept being denied her desires. She empowers the women in her role in that she exudes power. The directing of the film was nevertheless found wanting in that the movie lacked the creative passion. The director was seen to be trying too hard to strengthen his credentials in the film indus try. Nevertheless, he is successful at bringing out the conflict and dilemma brought about by the story. The movie’s plot was taken from the book Disclosure by Michael Crichton. The plot was largely borrowed from the story in the book, making the two works largely similar. There are, however, differences in that the movie is more engaging and brings to life the plot of the book. The story is clearly brought