Macro5 Essay Example | Topics and Well Written Essays - 1000 words

Macro5 - Essay Example Every labour market depending on the economy has its own fluctuations and structural characteristics. In addition, every job always retains its core characteristics like working conditions, required qualifications, working hours and compensation. Furthermore, each employee is represented through professional qualifications, personal abilities and work expectations. Practically, employment occurs when an employee and particular position are matched. In any economy, there are situations when some positions remain unfulfilled, qualified workers are unemployed and some workers are not included in the labour force. When employees and positions are matched poorly and those employees remain in labour force, this trend results in both additional vacancies and additional unemployment. Partially, natural rate of rate is determined by the dynamics of new job creation and termination of current jobs because of decision made on microlevel by individual employees and businesses. Therefore, if othe r aspects of the economy remain constant, simultaneous creation and termination of jobs leads to a higher rate of unemployment. In addition, turnover rates among current employed workforce are also associated with higher unemployment, and are significantly influenced by the nature of jobs and the age mix of the adult population. According to McConnell, Brue and Flynn (2008), inflation is defined as the rate at which the general level of prices for goods and services is increasing, and, subsequently, purchasing power of consumers is decreasing. From this definition, it is evident that inflation is a negative economic trend. Indeed, two digit inflation rate indicators in the early 1980s in the United States are a good illustration for â€Å"bad† inflation. General decline in purchasing power, particularly among consumers with fixed income, compromised

Observation of Healthy Adult Essay Example | Topics and Well Written Essays - 250 words

Observation of Healthy Adult - Essay Example The first thing that I noticed was a portable oxygen vaporize. One recognizes that as people age, some of the capacity to utilize oxygen are minimized; so the older one gets, the greater the issue on oxygen deficiency that emerges. Seniors with serious breathing problems take in less oxygen and therefore have less energy to conduct daily life; as manifested by this elderly man. As one observed, he exhibited feeling tired, anxious, and depressed. However, despite his apparent predicament, I also could not help but noticed his cheerful smile. He was sitting alone when he asked me a question about his mobile phone. It is funny how technological developments through telecommunication gadgets have encompassed a wider range of age groups, including the elderly. As I was observing him, I noticed he could read very small prints from his phone manual even without his glasses; whereas I was almost squinting when I read those texts. When asked how he managed to maintain his good eye sight, he told me that eating the right kind and amount of healthy foods is the secret. I realized that he was right. The elderly should have proper nutrition with diet rich in dark-green vegetables and have adequate sleep to maintain good eyesight. However, I noticed that behind his smile, he was feeling melancholy; especially when he complained about some personnel in Bristal who were apparently mean to him. He mentioned that everybody was ignoring him and nobody was taking care of the wound on his foot. A reflective mood led him to disclose that his life had greatly changed when he became a widower after 40 years of sharing good memories with his wife. The story progressed to mentioning a daughter who is a speech therapist in a nearby school (which he could not remember the name). He was so proud of her and beamed that I look almost exactly like her. He showed me some of his coin tricks and he also pretended to show his hand and pull his thumb apart. He