Tuesday, August 25, 2020

Macbeth as tragic hero Essay Example for Free

Macbeth as sad saint Essay The play Macbeth, by William Shakespeare, is a catastrophe about a Scottish master, Macbeth, who turns out to be excessively driven. He begins as a daring, faithful and honorable man, however his aspiration and hunger for power lead him onto a way of heartlessness and implosion, and at last his own demise. While Macbeth is controlled by different individuals and events, the principle ones being the witches, Lady Macbeth and Fate, one subject that remaining parts consistent all through the play is the intensity of decision. Macbeth has the capacity to pick, and it is this capacity that makes him a lamentable saint, not a casualty. There are sure attributes that somebody must have so as to be viewed as a full disastrous saint. One of the primary ones is that the character must have a deadly blemish. In Macbeths case, it is his vaulting desire (1:VII:27). Aspiration can be something to be thankful for, yet when in enormous portions as Macbeths might have been, it tends to be hazardous, and, as Macbeth demonstrated, even deadly. Another significant trait of a heartbreaking saint is the contention among great and malicious, and the decision between these two things. Macbeth deliberately picks malicious over great. A casualty, then again, has no control over what befalls them. Macbeth had some authority over the circumstance, which implies that he was not a casualty. Be that as it may, Macbeth himself cannot be altogether to fault. He was impacted and controlled, especially by the witches. In the event that the three Weird Sisters (1:V:7) had not said anything to Macbeth in any case then none of it would have occurred. The Weird Sisters put turning out to be the best from this point forward (1:III:49) into Macbeths head, and, thus, killing King Duncan. The witches realized this would occur, they needed it to occur. They likewise controlled Macbeth later on in the play, with the three nebulous visions. They gave him bogus certainty, and, by and by, they knew and needed this to occur. They made drudge and inconvenience (1:IV:10), and they made it deliberately, to lead Macbeth to his end. Notwithstanding, Banquo was additionally present at the principal meeting with the Weird Sisters, and they caused a to forecast for him, as well. Be that as it may, Banquo decides to overlook what they state. Macbeth could have settled on this decision too, however he didnt. Despite the fact that the witches manipulated Macbeth, he needed to accept their predictions, and he decided to trust them. Someone else who was a major impact on Macbeth was his better half, Lady Macbeth. He was going to let chance crown me ruler (1:III:43), yet Lady Macbeth realized that this wouldnt lead to anything. She likewise realized that Macbeths feeling of devotion and respect could prevent him from murdering Duncan and thusly turning out to be the best and satisfying his desire. She encourages him to appear as though the blameless bloom, yet be the snake undert (1:V:63-64). She additionally questions Macbeths masculinity, another shaky area of his. She realizes that he doesnt like her doing this, and she realizes that its a decent method of convincing Macbeth to do what she needs him to do that its a decent method of controlling him. In any case, Macbeth needed to be controlled. He let his better half impact him. In the event that he truly didnt need to kill Duncan, at that point he wouldnt have. Indeed, even before he addressed Lady Macbeth he was having awful imaginings (1:III:37). Despite th e fact that Lady Macbeth helped transform these into real factors, she didn't genuinely compel her better half to submit murder. By and by, Macbeth had the opportunity, force and capacity to pick. Another significant job in the Macbeth is the job of Fate and fate. Being a deplorable legend, Macbeth was bound to pass on from the earliest starting point. It could have even been Fate that Macbeth settled on an inappropriate decisions. Anyway Fate cannot control, Fate simply is. Macbeth says that he is going to surrender everything over to risk, however he doesnt. He decided not to. Maybe this was additionally because of Fate, however what might have occurred if Macbeth had decided not to execute Duncan? This is something else that makes Macbeth a heartbreaking legend the crowd is left inclination thoughtful about what may have been. Regardless of how controlled, everyone has the intensity of through and through freedom. The truth of the matter is that Macbeth picked his way himself, and in spite of the fact that Fate may have had some influence in his defeat, the intensity of decision had and significantly greater impact. The capacity to pick abrogates Fate and fate. The whole play could simply be put down to human instinct. Insatiability, power, aspiration; avarice for force and desire is a piece of human instinct. Anyway human instinct is somewhat similar to Fate, in that it can't control, it simply is. About everybody might want to accept that they can be incredible, and in the event that they are advised so would need to trust it. Macbeth just makes it one stride furtherâ by getting it going. In a manner Macbeth is assuming control over Fate. His vaulting aspiration drives him to do this. It is Macbeths aspiration that drives him to kill individuals, just as prompting his own passing. His desire eventually turns into his enemy, which makes him a full heartbreaking saint. Macbeths aspiration and his eagerness for power resembles a fire. The witches, Lady Macbeth and Fate manipulated him and fan the fire, however the flash must be there first with the end goal for them to do this. Despite the fact that Macbeth was impacted and controlled a lot, he despite everything had the force and the opportunity to pick. It is the decisions he made that make Macbeth not a casualty, however a full awful legend.

Saturday, August 22, 2020

Gobal Financial Investment Essay Example | Topics and Well Written Essays - 750 words

Gobal Financial Investment - Essay Example This paper shows that the principal alternative accessible to the UAL, Inc. is to obtain the necessary speculation measure of $500 million in the neighborhood money that is US Dollars. At the starting phase of the credit understanding, the organization needs to pay a guaranteeing expense of 0.5% of the all out chief sum and thusly, it is added to the expense of getting. This choice doesn't include in conversion scale chance, be that as it may, there is doubtlessly a component of the adjustment in the expansion rate which could influence the time estimation of the cash over a time of 10 lean years. Be that as it may, this component has been overlooked for this report. The organization can get $500 million at a pace of 11% with two semiannual intrigue installments due in June and December consistently. This infers the rate which is cited yearly should be balanced for semiannual installments and the quantity of installment periods will likewise be balanced for a similar explanation. The loan fee balanced will be 11% partitioned by 2 which is equivalent to 5.5% of the all out chief add up to be paid semiannually. The all out number of installment periods will, in this manner, be 20 as the advance time frame is for a long time. In addition, there are no main reimbursements during the 10 years residency and the entire measure of $500 million is to be settled toward the finish of the advance term. By putting the accessible data in the accompanying table and figuring the future worth it tends to be determined that the future benefit of obtaining under this alternative is $1,458,878,745. This worth will be contrasted and the future worth got under the subsequent choice. The subsequent choice accessible to the organization is to get $500 million named in Japanese Yen from the main Japanese Bank. The present conversion standard between US Dollars and Japanese Yen is at 250 which will bring about getting of JPY 125 billion at a yearly financing cost of 5%. Since the intrig ue installments are semiannual hence this rate must be balanced alongside the quantity of installment periods as in the past choice.

Sunday, August 2, 2020

Test Scores and Air Bags - UGA Undergraduate Admissions

Test Scores and Air Bags - UGA Undergraduate Admissions Test Scores and Air Bags This past weekend, I was driving my father to the Atlanta airport, and as is usual, the topic of college admissions came up. There was a recent opinion piece in the Wall Street Journal which discussed the SAT. In one section of the op/ed piece, the writers stated the SAT is still the best objective measure of student aptitude and has proven to be a good predictor of college performance. While discussing the editors knowledge (or lack of ) about grades/course rigor vs test scores, the sunlight hit the windshield just right and I flipped down the visor to block the light. On the back of the visor was the airbag warning sticker, and it got me to thinking about the interplay between different systems in trying to solve a problem. Putting aside the other variables of a college admission review (essays, activities, recommendations), how can a college best utilize grades/rigor and test scores? If you actually read the airbag warning, you will see that one of the key points is Always use seat belts and other child restraints. In other words, while airbags can help in an accident, seat belts are the actual key factor in auto safety, while airbags are secondary safety devices that, along with the seat belts, help to best avoid serious injuries. In looking studies on the effectiveness data on seat belts and airbags in possible fatalities for drivers, three-point seat belts alone had a 48% effectiveness rating, airbags alone had a 14% effectiveness rating, while the two together had a 54% effectiveness rating. Effectiveness data for passengers was slightly lower, but the same concept of seat belts being the primary safety factor and using the two devices together yielded the best results. In other words, seat belt usage is the best individual predictor of surviving a crash, but using both seat belts and airbags gives you the best possible survival rate. And as the sticker (and other statistical data) shows, the airbag providers understand their products role as a supplemental safety feature, not a stand alone one. In the same vein, multiple studies have shown that the best individual predictor of how a student will do in college is their performance in the classroom (grades/coursework) during their high school years. Even the ACT and the College Board begrudgingly admit this fact, while also noting that looking at grades/rigor and test scores together can give even more insight, similar to the modest increase in safety that airbags add to seat belts when used together. At UGA, we recognize this in our review process, and use test scores as a supplemental part of our review, but not as a primary or dominant factor. Of course, there is still a great amount of debate on how much different factors actually predict college success, but I think the results are pretty clear that the Wall Street Journals op/ed conclusion that test scores are the best objective measure is just plain wrong. And just like the growth in safety features, colleges now have so much more information available to use in their reviews, from multiple recommendations to writing samples, volunteer work to activities and leadership roles. Different college admission offices have different thoughts on how to balance the variety of different factors in an admission review, and I am fine with each college making the choice that best fits their situation and insight. College A wants to be test optional? Im good with that. College B wants to use student submitted videos to add to all the other admission information? Im good with that too. Every college admissions office needs to do their research and find the best balance of the different variables they will use in their review, and balance that with their staffing and timeline challenges to find the best process for their own institution. As our office has stated multiple times, what a student does over four years in high school (grades and coursework) plays a much more vital role in our academic review that an SAT or ACT score. We still look at both of these factors, along with a wide range of co-curricular information, but how a student does in the classroom is the main academic factor in our review. When I am driving my 2004 minivan with 230,000 miles on it (yes, I am a dad with two kids who works in education), the first thing I do is put on my seat belt. I am glad to have the airbags, but I know that the seat belt is the thing I am relying on to keep me safe. In the same way, when I am looking at an admissions file, my focus in the academic portion of the review is on how a student has performed in the classroom day in and day out, with the SAT/ACT scores to help provide context but not dominate this review area. We are happy to have a wealth of information about our applicants, and we also understand the importance of each of the different pieces of data. I hope this post gives some insight into our viewpoint, and Go Dawgs!

Saturday, May 23, 2020

Comparative Essay We The Animals And The Woman Warrior

Comparative Essay on We the Animals and The Woman Warrior In a literature world, some authors like to make up stories for fiction, and some authors collect facts to document information for non-fiction. As times had passed, there were many authors who would like to change their works, specifically non-fiction, a little bit by being creative, either by exaggerating the truth or creating an unnamed narrator based on the author himself or herself. There were two bestselling novels, We the Animals by Justin Torres and The Woman Warrior by Maxine Hong Kingston, that contain similar writing components, even though one is semi-biography and another is a memoir. However, both of the authors have the same idea of their inspiration for their†¦show more content†¦We were six snatching hands, six stomping feet; we were brothers, boys, three little kings locked in a feud for more† (Torres 1). This was a great way to start the book because he described those three brothers as chaoti c like a bunch of wild, untamed animals, but that is how boys would be most likely to act this way. Since he grew up with his brothers, he must have been knowing his brothers very close, as if they are best friends with each other. Having siblings would be the best part of a childhood when it comes to family first. For Kingston and her family, she had discovered something, or someone, that was surprising in her first chapter, â€Å"No Name Woman,† of The Woman Warrior, â€Å"‘You must not tell anyone,’ my mother said, ‘what I am about to tell you. In China your father had a sister who killed herself. She jumped into the family well. We say that your father has all brothers because it is as if she had never been born’† (Kingston 3). As the beginning of her storytelling from memory, it showed that Kingston’s late aunt was the first significant woman in her life because she represented a mysterious yet a forgotten woman without a name. Aft er hearing her mom’s narration, Kingston, who was interested in her late aunt, could have felt that deep connection with her when she appeared as a ghostly figure because she had been ignored and shunned by her own family. In other words, even though her dad and her uncles claimed that she did not exist,Show MoreRelated Defining Social Roles for Men and Women in India through Traditional Hindu Texts2532 Words   |  11 PagesSocial Roles for Men and Women in India through Traditional Hindu Texts Throughout this essay, I will discuss the social roles of men and women in the home, within rituals and within creation. I will look at the roles of a husband and wife, as well as Goddesses and Kings. The main traditional texts that support these roles are the Rg Veda, the Kalpa Sutras, the epics (the Ramayana and Mahabharata), Tryambaka, and Manu Smrti. They are believed to lay the foundations for order in society, as wellRead MoreComparative Study of Pakistan Chinese Cultures13385 Words   |  54 Pages2013 Comparative study of Pakistan and Chinese Cultures Muhammad Rashid (ID:2012420078) This report has compared the two cultures namely the Chinese and Pakistani culture by considering different parameters. The material and non-material aspects of culture are expressed and comparative study of two cultures is performed. Both the cultures have strong roots with the shades of thousands of years of civilizations. The ideology, ethics and living styles are compared with some examples and details. TheRead MoreKhasak14018 Words   |  57 Pagesartistic value. 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In 1904 Ganot published an EnglishRead MoreMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 Pagesconstitute Chapter 5 was first read, and the Festival of the New Cinema (Pesaro, Italy), which organized the round-table discussion during which the last chapter in this volume was originally presented. The idea of bringing together a number of my essays in a single volume, thus making them more easily available, originated with Mikel Dufrenne, Professor at the University of Paris-Nanterre and editor of the series in which this work was published in French. He has my very warm gratitude. C . M. CannesRead MoreOrganisational Theory230255 Words   |  922 Pagesorganizations. Professor Tomas Mà ¼llern, Jà ¶nkà ¶ping International Business School, Sweden . McAuley, Duberley and Johnson’s Organizational Theory takes you on a joyful ride through the developments of one of the great enigmas of our time – How should we understand the organization? 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Monday, May 11, 2020

Fidel Castro Is The Man Associated With The Failure And

Fidel Castro is the man associated with the failure and success of Cuba throughout the 20th Century. This essay will explore his role and influence in one of humanity s darkest moments, the Cuban missile crisis, which was a defining moment in Castro’s political life. As the leader of Cuba during the Cold War and Cuban missile crisis, he was responsible for defending Cuba sovereignty and interests amongst the superpower - the United States and Soviet Union. Memoirs would argue that former US President Kennedy believed Castro was a very important player in the Cold War while others believed he was Khrushchev’s pawn helping the Soviet Union carry out a proxy war in Cuba against the United States. Using memoirs and primary and secondary†¦show more content†¦As a result of this Cuban-Soviet partnership, Washington grew more concerned as communist ideologies and Soviet influence creeped close to American shores. The US feared Castro’s example of a thriving soc ialist state under a Communist party rule in the American sphere of influence would spark similar uprisings throughout Latin and South America. Castro’s alliance with the Soviet Union and socialist ideology would start the breakdown of US relations with Cuba. His strategic and military alliance with the Soviet Union would make him a threat to US principles and national security. In 1961 the White House’s high-level advisory group determined that â€Å"the US could not live with Castro†. The group concluded that the only solution, other than a full invasion of Cuba, was economic and diplomatic measures. There were numerous plots to overthrow Castro and some of them were extremely unusual. The CIA attempted to spray lysergic acid diethylamide (LDS) in Castro’s radios station, hoping he would babble incoherently and thus lose credibility. They tried to lace a box of his favourite cigars with a mind-altering drug, hoping he would smoke one before going on air. They hired a hitman from the Florida mob. They even dusted his shoes with depilatory salts, hoping that his hair and beard fell out so he would lose his domestic appeal. As you can see, none of these worked. The infamous Bay of Pigs invasion in 1961 was the most serious attempt byShow MoreRelatedCuban Writer: Reinaldo Arenas1499 Words   |  6 Pagesautobiographical in his work, and as it would appear in his New Yorker interview, this is where his passion and writing flourished. Reinaldo Arenas used his own marginalized voice as openly homosexual man in Cuba and commentary on Castro’s regime to challenge the persecution of the individual in Cuba. In 1961, Fidel Castro, Cuba’s dictator, introduced the Marxist-Leninist ideology to the Cuban people, â€Å"by grafting it onto the images, symbols, values, and concepts of Cuban nationalism† (Medin 53). 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Since the nineteenth century, LatinRead MoreThe Assassination of John Fitzgerald Kennedy2042 Words   |  9 Pageshours of death of John F. Kennedy. On the same day, Oswald was arrested in the few hours by policemen. Then, he was shot two days later in the building of the city police department. The one of the youngest president of the United States and the man who had to be charged with his murder, were buried in one day. John F. Kennedy mourned the world, shocked by the news of the tragedy. Oswald’s coffin was borne reporters - his funeral was attended by only a few relatives. After the assassination ofRead MoreCovert Action Essay3076 Words   |  13 Pagesevents has been difficult to say the least. What is even more difficult, is historically recording these events into categories of successes or failures. These operations are difficult to dissect because of their secrecy and although events have been recorded, some facts simply aren’t apparent. This paper will seek to identify the complex issues associated with covert operations. United States policy on covert action since World War II acknowledges two facts which are rarely taken into considerationRead MoreThe Reason USA got Involved in Vietnam1430 Words   |  6 Pagesattack the Catholic priests to try and keep Vietnam as a Buddhist country. As a result to the actions taken by the Vietnamese the French, in 1847, retaliated by attacking Danang to even the battle with the Vietnamese people. The French had a man called Dong Kanh lined up to be the emperor of Vietnam. Ho Chi Minh was born in 1890 and throughout his childhood through to adolescence had lived in Britain, France, USA and briefly visited Russia (U.S.S.R) in 1924 where he studiedRead MoreHistory Notes on Cuban Missile Crisis and Protest in America in the 1960s4816 Words   |  20 Pagestime was viewed as safeguard against communism by the USA, but when revolutionary Fidel Castro overthrew him in 1959 they became suspicious. Castro introduced socialist reforms and started trade negotiations with the Soviet Union. ‘At the height of the Cold War, the existence of a communist country so close to the United States was viewed with great alarm. They secretly started to plan to invade Cuba and overthrow Castro.’ --gt; Bay of Pigs: In April 1961, with backing from the CIA, an armed force

Wednesday, May 6, 2020

U.S. Federal Reserve Monetary Policy Free Essays

The United States is one of the few industrialized country in the world.   It is a country that is admired by many. The Americans have managed their finances quite well. We will write a custom essay sample on U.S. Federal Reserve Monetary Policy or any similar topic only for you Order Now The Federal Reserves system of the United States is one institution that handles financial fraction of the United States of America. It is the central bank of this developed country that was created by the Congress in 1913 to aid in having a safe, flexible and stable monetary and financial system (http//www.federalreserve.gov). To keep up with the mission of the Federal Reserve, they have created Monetary Policy. This policy is about all the actions taken by the Federal Reserve System regarding the cost and availability of money as well as in promoting economic goals. The Monetary policy is a very powerful tool; it can make or break the status of economic variables like employment and prices of goods and services. This is a responsibility is very crucial for the economic status of the country since their decisions dictates the would be trend. The task of handling monetary policy lies in the hand of able team members of the Federal System, the Federal Open Market Committee. This committee includes the Board of Governors of the Federal Reserve System and the Reserve Bank presidents (http//www.federalreserve.gov). Making monetary policies is a task that requires close scrutiny and careful examinations of data at hand. The Federal Open Market Committee has tools that aid them in making sound decisions about the policies that will be made by them and implemented country-wide. These three tools are open market operations, discount rate and reserve requirements. An open market operation is one tool used for monetary policies. This tool of monetary policy concerns controlling the supply of money by a buy and sell of U.S. Treasury and federal agency securities. They guide their decisions from the current status of the country’s economy regarding exchange rates or interest rates. The decisions are also based on an objective that is set by the Federal System. This objective is stipulated by the Federal Open Market Committee (FOMC). The objective that is set by Federal Open Market Committee each economic year varies accordingly (http//www.federalreserve.gov). Though there is one thing that is constant is that they base their assessment on how to maintain the stability of prices in the market to encompass a sustainable growth. An open market operation has also change through time. Nowadays, it can also be done electronically. The discount rate is the second tool of monetary policy. The federal system has regional banks and they also give loans to other commercial banks and institutions. The interest rate charged to these intuitions is the discount rate (http//www.federalreserve.gov). This is not given to just any bank or any depository institution though. They have to still meet a specific set of requirements to be able to loan and on what level of credit scoring from the federal system. Reserve requirements are the third tool in creating a monetary policy. The Board of Governors has the exclusive right to amend a change regarding these requirements (http//www.federalreserve.gov). This dictates the minimum reserve regarding customers’ deposits and notes. This year, the recorded reserve requirements in America is ten percent on transaction deposits and zero on time deposits and all other deposits. The booming field of information technology has helped lift the economic conditions in the country. In 2005, it has recorded 12.41 trillion dollars as its gross domestic product (GDP). GDP is one of the measures used to indicate how good the economy of a country is doing. This rate will include the measures of all finished products created and services produced (Wikipedia). It is wise that companies and businesses in the United States have the flexibility to adapt innovations in the field of information technology to make them more profitable. Koznar (2005) has said in his speech that the current stability in the economy is also because of the labor markets contribution. He has attributed some qualities of the American economy that makes it successful. These qualities include flexibility,  Ã‚   trade liberalization, and The monetary policy of the United States has been into ups and downs but the Federal Reserve team members are determined to succeed and to maintain a high standard. They are aiming on a more efficient and effective operation by having just a few locations. Federal Reserve is an independent entity, it is neither under the government’s jurisdiction nor is it to be called a private institution. They make sure that the monetary policies that they implement are in accordance to what the economy needs to succeed by careful deliberating the information presented and analyzing diverse views of the team members. Each of the monetary policy council member also its own team help them in formulating their positions for the economy. The team is complete from an economist and a financial analyst to translate the trends in the market, a payments system expert to check if the policies will an advantage, to an attorney to make sure that every policy is in accordance with the law thus it will not be questioned. Success is nothing if you can not measure it. In an international trade scene, economies of scale will play a critical role in determining the unit cost that will increase returns. Better organizational skills are needed by a management team that is gearing towards success. These factors include how we perceive the environment, time, power, structures and space; the emphasis we place on relationships or tasks, on individuals or the collective; how we think and communicate. Productivity within a team needs to be established for this is critical regarding the success of a company or an institution. Each component contributes to the behavior of the system. No component has an independent effect on the system. The behavior of the system is changed if any component is removed or changed. Reference: Krozner, Randall S. â€Å"Remarks by Governor Randall S. Kroszner   At The Forecasters Club of New York†, September 27, 2006. Federal Reserve. Retrieved November 04, 2006 from http://www.federalreserve.gov/boarddocs/speeches/2006/20060927/default.htm Federal Reserve System. Monetary Policy. Retrieved November 04, 2006 from Wikipedia. Economy of the United States. Retrieved November 04, 2006 from http://en.wikipedia.org/wiki/Economy_of_the_United_States How to cite U.S. Federal Reserve Monetary Policy, Essay examples

U.S. Federal Reserve Monetary Policy Free Essays

The United States is one of the few industrialized country in the world.   It is a country that is admired by many. The Americans have managed their finances quite well. We will write a custom essay sample on U.S. Federal Reserve Monetary Policy or any similar topic only for you Order Now The Federal Reserves system of the United States is one institution that handles financial fraction of the United States of America. It is the central bank of this developed country that was created by the Congress in 1913 to aid in having a safe, flexible and stable monetary and financial system (http//www.federalreserve.gov). To keep up with the mission of the Federal Reserve, they have created Monetary Policy. This policy is about all the actions taken by the Federal Reserve System regarding the cost and availability of money as well as in promoting economic goals. The Monetary policy is a very powerful tool; it can make or break the status of economic variables like employment and prices of goods and services. This is a responsibility is very crucial for the economic status of the country since their decisions dictates the would be trend. The task of handling monetary policy lies in the hand of able team members of the Federal System, the Federal Open Market Committee. This committee includes the Board of Governors of the Federal Reserve System and the Reserve Bank presidents (http//www.federalreserve.gov). Making monetary policies is a task that requires close scrutiny and careful examinations of data at hand. The Federal Open Market Committee has tools that aid them in making sound decisions about the policies that will be made by them and implemented country-wide. These three tools are open market operations, discount rate and reserve requirements. An open market operation is one tool used for monetary policies. This tool of monetary policy concerns controlling the supply of money by a buy and sell of U.S. Treasury and federal agency securities. They guide their decisions from the current status of the country’s economy regarding exchange rates or interest rates. The decisions are also based on an objective that is set by the Federal System. This objective is stipulated by the Federal Open Market Committee (FOMC). The objective that is set by Federal Open Market Committee each economic year varies accordingly (http//www.federalreserve.gov). Though there is one thing that is constant is that they base their assessment on how to maintain the stability of prices in the market to encompass a sustainable growth. An open market operation has also change through time. Nowadays, it can also be done electronically. The discount rate is the second tool of monetary policy. The federal system has regional banks and they also give loans to other commercial banks and institutions. The interest rate charged to these intuitions is the discount rate (http//www.federalreserve.gov). This is not given to just any bank or any depository institution though. They have to still meet a specific set of requirements to be able to loan and on what level of credit scoring from the federal system. Reserve requirements are the third tool in creating a monetary policy. The Board of Governors has the exclusive right to amend a change regarding these requirements (http//www.federalreserve.gov). This dictates the minimum reserve regarding customers’ deposits and notes. This year, the recorded reserve requirements in America is ten percent on transaction deposits and zero on time deposits and all other deposits. The booming field of information technology has helped lift the economic conditions in the country. In 2005, it has recorded 12.41 trillion dollars as its gross domestic product (GDP). GDP is one of the measures used to indicate how good the economy of a country is doing. This rate will include the measures of all finished products created and services produced (Wikipedia). It is wise that companies and businesses in the United States have the flexibility to adapt innovations in the field of information technology to make them more profitable. Koznar (2005) has said in his speech that the current stability in the economy is also because of the labor markets contribution. He has attributed some qualities of the American economy that makes it successful. These qualities include flexibility,  Ã‚   trade liberalization, and The monetary policy of the United States has been into ups and downs but the Federal Reserve team members are determined to succeed and to maintain a high standard. They are aiming on a more efficient and effective operation by having just a few locations. Federal Reserve is an independent entity, it is neither under the government’s jurisdiction nor is it to be called a private institution. They make sure that the monetary policies that they implement are in accordance to what the economy needs to succeed by careful deliberating the information presented and analyzing diverse views of the team members. Each of the monetary policy council member also its own team help them in formulating their positions for the economy. The team is complete from an economist and a financial analyst to translate the trends in the market, a payments system expert to check if the policies will an advantage, to an attorney to make sure that every policy is in accordance with the law thus it will not be questioned. Success is nothing if you can not measure it. In an international trade scene, economies of scale will play a critical role in determining the unit cost that will increase returns. Better organizational skills are needed by a management team that is gearing towards success. These factors include how we perceive the environment, time, power, structures and space; the emphasis we place on relationships or tasks, on individuals or the collective; how we think and communicate. Productivity within a team needs to be established for this is critical regarding the success of a company or an institution. Each component contributes to the behavior of the system. No component has an independent effect on the system. The behavior of the system is changed if any component is removed or changed. Reference: Krozner, Randall S. â€Å"Remarks by Governor Randall S. Kroszner   At The Forecasters Club of New York†, September 27, 2006. Federal Reserve. Retrieved November 04, 2006 from http://www.federalreserve.gov/boarddocs/speeches/2006/20060927/default.htm Federal Reserve System. Monetary Policy. Retrieved November 04, 2006 from Wikipedia. Economy of the United States. Retrieved November 04, 2006 from http://en.wikipedia.org/wiki/Economy_of_the_United_States How to cite U.S. Federal Reserve Monetary Policy, Essay examples