Anorexia in Teens - 1178 Words

There are many kinds of psychosocial disorders that deal with deferent things. Some psychosocial disorders are genetic and some people just pick up from everyday life. Teens can pick up disorders from high school and form our popular media. The media plays a huge roll on what teens do to their life. The media tells teens what they should eat, what size teens should be, and what is okay to wear. Media is mostly worried about what people, mostly celebrities, look like. Teens see a tiny model; teens see that as being attractive. The teen that saw the tiny model attractive would start to starve them self to become that skinny or what is known in the psychology world as anorexia. Anorexia is a big deal in the United States, a lot of†¦show more content†¦The women also talked about society playing major roll on what they did to them self’s, as young adults. They told the researches â€Å"idea of society† (Nilsson, Abrahamsson and Torbiornsson). This quote can be taki ng many ways. That just the idea of society makes them change everything in their life just to fit in. Besides society they women talked about cultural stressors. Stressors consists of tensions, discomfort, or physical symptoms that arise when a situation. Cultural stressor or stressors stimuli can be rang from many events from a job loss to combat (Lilienfeld, Lynn and Namy 457). In the interviews with the women they explained what kinds of stressors affect them like â€Å"rape at 13 years of age† or â€Å"no friends in school† (Nilsson, Abrahamsson and Torbiornsson). After the interviews they did a few follow-ups with the ladies who went thought the interview process, to see if anything had changed with their lives. One of the interviewees named Cilia said â€Å"I thought I was fat, I didn’t think muscles were nice. I thought I would lose a bit of weight, and then thought I would lose a few more kilos. Once I lost that weight, I just kept losing more.† She was made fun of during her time at school because she was a heavy. After talking with the researchers she changed and she is getting better now (Nilsson, Abrahamsson and Torbiornsson) the most common place for social stressors is in high school. High school and even middle school are great places to find a socialShow MoreRelatedHelping Teens Avoid Bulimia And Anorexia1028 Words   |  5 PagesAlexis WIlley Mrs.Gallos English 3 05 April 2017 How to Help Teens Avoid Bulimia and Anorexia Even though some teens have health conditions that make them very skinny or problems going on at home does not mean they have to hurt themselves. Teens need to avoid bulimia nervosa and anorexia nervosa. Some teens do not have self confidence in themselves. Many teens have died or get other medical conditions for becoming bulimic or anorexic. Bulimia nervosa is a life threatening eating disorder. BulimiaRead MoreAnorexia Bulimia: Why Are American Teens Starving Themselves?1533 Words   |  7 PagesAnorexia Bulimia: Why Are American Teens Starving Themselves? Dina Males Mr. James Wieber English 111 Image is very crucial for a teenager; the pressure of school and fitting in with there classmates and friends can be very difficult for a teenager. It is when a teenager starts taking image to the extreme and starts harming themselves by starving themselves. More and more teenagers are becoming anorexic and bulimic and it is not only affecting girls but boys are starting to come outRead MoreMedia’s Blow on Anorexia1054 Words   |  5 PagesMedia’s Blow on Anorexia About one in 200 persons in the United States will develop anorexia nervosa at some time. Ninety Percent are women (Anorexia Nervosa—Part 1 1). Anorexia is defined as an emotional disorder characterized by refusing to diet or eat. This is targeting young girls all across the world! This calamity is struck by something every person loves, social media. The media realm needs to be ceased from the websites that support dieting, celebrities displaying perfectionist bodiesRead MoreTaking Control of Eating with Bulemia or Anorexia Essay591 Words   |  3 PagesAccording to the article Eating disorders 101, it states that â€Å"Between 5 and 10 million Americans have anorexia or bulimia†. People may not think of anorexia as an addiction, but in many ways it is. Anorexia usually begins as a diet. People may feel a loss of control and dieting is something that they feel they can have control over, thus feeling better about themselves. People will become closer with their bodi es and soon develop a preoccupation with food and fear of gaining weight. The person mayRead MoreEssay on Cause and Effect of Anorexia1128 Words   |  5 Pageswas not cancer or AIDS. I had anorexia, a condition which afflicts many teens and young adults, especially young women.† Holly (Caringonline.org) Anorexia is a type of eating disorder who has an intense fear of gaining weight. They severely limit the amount of food they eat and can become dangerously thin (1). Anorexia affects both the mind and body and can even become deadly. Anorexia usually starts in the teen years and can go into adult hood. Untreated anorexia can lead to starvation and seriousRead MoreTaking a Look at Teenagers and Anorexia Essay1078 Words   |  5 PagesAnorexia Teenagers across America have a number of problems that they have to deal with everyday, whether it is bullying, stress, friends, school, or body image. Body image is something that is especially sensitive to adolescents and is a growing issue in the modern day. Teens, especially girls, are the most self-conscious group of people so it is not surprising that eating disorders are most likely to develop when a girl or boy becomes a teenager. Anorexia is the most common eating disorderRead MorePeer Pressure And Media Cause Eating Disorders1743 Words   |  7 Pagesor otherwise conform in order to be accepted (â€Å"Peer Pressure†). The aftermath of being constantly pressured by fellow peers can lead to various health conditions for both children and teens. This pressure doesn’t just have to be from unfriendly peers, it can also be friends or even family members. Children and teens want to be accepted and they often feel pressured to fit in. They often want to be one of t he more popular students in their class. By being thin, they feel that they can achieve thisRead MoreAnorexia Nervosa Is The Highest Mortality Rate Of All Mental Illnesses909 Words   |  4 PagesAnorexia nervosa is often misunderstood, and it is not a life style that people choose to have. Eating disorders are a serious illness. Anorexia has the highest mortality rate of all mental illnesses. Four out of ten people in the national survey reported that they either suffered or knew someone who had suffered from an eating disorder. Anorexia nervosa is an eating disorder where the person does not eat or maintain a normal body weight, in order to have a skinny body (DSM-V). Most women areRead MoreAnorexia Nervosa And Its Effects On Society1514 Words   |  7 Pagespeople are currently suffering from Anorexia. Anorexia Nervosa is an eating disorder in which people suffering drastically restrict food intake due to an intense fear of gaining weight and a distorted body image. 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Unexpected Inflation Free Essays

Unexpected In? ation and Redistribution of Wealth in Canada Cesaire A. Meh, Canadian Economic Analysis, and Yaz Terajima, Financial Stability One of the most important arguments in favour of price stability is that unexpected in? ation generates changes in the distribution of income and wealth among different economic agents. These redistributions occur because many loans in the economy are speci? ed in ? xed-dollar terms. We will write a custom essay sample on Unexpected Inflation or any similar topic only for you Order Now Unexpected in? ation redistributes wealth from creditors to debtors by reducing the real value of nominal assets and liabilities. This article quanti? es the redistributional effects of unexpected in? ation in Canada. To this end, we ? rst provide comprehensive evidence of the nominal assets and liabilities of various economic sectors and household groups. We ? nd that the redistributional effects of unexpected in? ation are large even for episodes of low in? ation. The main winners are young, middleincome households, who are major holders of ? xed-rate mortgage debt, and the government, since in? ation reduces the real burden of their debt for both groups. The losers are high-income households and middle-aged, middle-income households that hold long-term bonds and nonindexed pension wealth. T here is ongoing research on potential re? ements to monetary policy regimes in countries with low and stable in? ation. In Canada, for example, a systematic review of the current in? ationtargeting framework is underway (see the other articles in this issue). An issue that has received relatively less attention is the redistributional effects of unexpected in? ation. 1 Redistributional effects occur because many savings, investments, and loans in the economy are speci? ed in money terms (i. e. , not adjusted for in? ation); unexpected in? ation therefore redistributes wealth from lenders to borrowers by lowering the real value of nominal assets and liabilities. The analysis of these effects may be important since the welfare costs of in? ation depend not only on aggregate effects but also on potential redistributional consequences. Our calculations show that, even with an episode of low in? ation, the redistribution can be sizable. While this is a wealth transfer from one agent in the economy to another, a sense of who wins and who loses is essential in order to assess transitional costs and potential public support for reform. The goal of this article is to provide insight into the redistributional effects of in? tion in Canada. The article is a summary of the recent research of Meh and Terajima (2008). 3 The article proceeds as follows. The ? rst section documents nominal assets and liabilities (i. e. , ? nancial assets and liabilities that are denominated in Canadian dollars and not fully indexed to in? ation) held by different economic sectors and 1 2 . 3 In this article, we focus on in? ation that is either unexpected or partially unexpected. If in? ation were completely expected, the change in the real value of the nominal claim would be incorporated in the contract. Hence, there would not be any redistribution. On the other hand, lower-than-expected in? ation redistributes wealth from borrowers to lenders. Meh and Terajima (2008) build on Doepke and Schneider (2006) who document nominal assets and liabilities in the United States and develop a methodology to compute the redistribution of wealth caused by in? ation. UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVIEW SPRING 2009 43 household groups, while the second part describes the methodology used to compute the redistribution of wealth induced by unexpected in? ation. Using this methodology and the documented nominal positions, the third section quantitatively assesses the redistribution of wealth under episodes of low and moderate in? ation. The ? nal part of the article concludes. Nominal Assets and Liabilities Unexpected in? ation generates redistributions because most ? nancial assets and liabilities are speci? ed in money terms. For example, payments on ? xedrate mortgage contracts, bank deposits, non-indexed de? ned-bene? t pension plans,4 government and corporate bonds, and other types of loans are generally not adjusted for unexpected in? ation. Hence, when in? ation is high, the value of these assets and liabilities falls in terms of purchasing power, since the prices of other goods and services go up with in? ation, but payments on these ? nancial claims are ? xed. The extent of the changes in the purchasing power of ? nancial assets and liabilities also depends on the term to maturity, as we will show later on. In this section, we document Canadian holdings by type and maturity in various categories of assets and liabilities. Speci? cally, we look at asset and liability positions for three sectors: household, government, and non-residents. We also consider different groups of households. The objective is to show that, among these different groups of agents, holdings of nominal assets and liabilities differ in both qualitatively and quantitatively important ways. Given that these differences exist, there is potential for redistribution among them following in? ation shocks. (SFS). The NBSA documents the ownership of ? nanc ial and non-? nancial assets and liabilities by sector. We use the NBSA to compute the net asset and liability positions of the household, government, and foreign sectors. The SFS is a household survey data set on income and wealth. We use the 2005 wave (the latest available), involving about 5,000 households, with weights to produce Canadian aggregates. It provides a comprehensive picture of assets and liabilities. For the sake of consistency, we use the 2005 NBSA and focus our analyses on the year 2005. Categories of nominal assets and liabilities Following Doepke and Schneider (2006), nominal assets and liabilities are de? ned as all ? nancial claims that are denominated in Canadian dollars and not fully indexed to in? ation. We report net nominal positions (i. e. , assets minus liabilities) in four categories, de? ned as follows:6 †¢ Short-term – ? nancial assets and liabilities with a term to maturity less than or equal to one year (e. g. , domestic currency, bank deposits, consumer credit, and short-term paper) †¢ Mortgages – all mortgage claims †¢ Bonds – non-mortgage and non-pension nominal claims with maturity greater than one year, including government and corporate bonds and bank loans †¢ Pensions – employer pension plans without provisions for indexing bene? ts to the cost of living, including both de? ed-contribution plans and non-indexed de? ned-bene? t plans7 We distinguish among these categories because they differ in maturity structure. Differences in maturity will emerge as a key factor in assessing the extent of potential redistribution. Unexpected in? ation generates redistributions because most ? nancial assets and liabilities are speci? ed in money terms. Sectoral positions Data We use two main data sets, both provided by Statistics Canada: the National Balance Sheet Accounts (NBSA) and the Survey of Financial Security 4 5 Non-indexed de? ned-bene? pension plans are those where retirees receive ? xed payments not adjusted for in? ation. Since all businesses are owned by their shareholders, we allocate business sector portfolios across the three sectors, based on each sector’s equity holdings. Table 1 shows net positions in each category, as well as the overall net nominal position (NNP) for each sector. Positions are expressed relative to gross domestic product (GDP) in 2005. Positive numbers indicate net lending; negative numbers, net borrowing. 6 7 For more details, see Meh and Terajima (2008). Another type of plan is the indexed de? ed-bene? t plan. These plans are treated as real assets, since in? ation will not affect them. 44 UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVI EW SPRING 2009 We observe that households are the main net nominal lenders overall, with NNP at 40. 14 per cent of GDP. The government sector, at about 43 per cent of GDP, is the main counterparty borrowing from households. The foreign sector has a positive but small NNP of 2. 85 per cent of GDP. Households tend to lend through short-term claims, bonds, and pensions, and borrow through mortgages. The government sector borrows mainly through bonds; it also borrows through short-term claims and pensions. 8 The non-resident sector lends in mortgages and bonds and owes in pensions. 9 These observations suggest that households are the likely losers of unexpected in? ation, since it lowers the purchasing power of their lending (i. e. , savings). Table 1: Net Nominal Positions as a Percentage of GDP Sectors Short-term claims Mortgages Bonds Pensions NNP Households 12. 25 -11. 94 22. 14 17. 69 40. 14 Government -7. 60 3. 19 -29. 67 -8. 91 -42. 99 Non-residents -4. 65 8. 75 7. 53 -8. 79 2. 85 Table 2: Nominal Positions as a Percentage of Net Worth by Age Age Cohort Under 36 36–45 Short-term claims Mortgages Bonds Pensions NNP 4. 83 -37. 95 -2. 63 -0. 05 -35. 80 -1. 01 -13. 57 4. 70 -1. 31 -11. 19 46–55 1. 48 0. 07 6. 50 5. 01 13. 06 56–65 2. 40 4. 48 7. 90 7. 36 22. 14 66–75 9. 00 3. 55 6. 70 8. 68 27. 93 Over 75 12. 27 3. 29 7. 68 8. 65 31. 89 Household groups We now look at the household sector in more detail, using the SFS data set. We examine three classes (low-income, middle-income, and high-income) and six age groups (under 36, 36–45, 46–55, 56–65, 66–75, and over 75) to observe differences within the sector. 0 Table 2 presents the overall positions for each age group as a percentage of the group’s net worth. We observe that the NNP increases with age, implying that households shift from being net borrowers to net lenders as they get older. Most of the borrowing of the young is from mortgages. With age, more lending (i. e. , saving) is observed in pensions and in liquid short-term claims. This implies that young households will gain from unexpected in? ation while older households will lose. Qualitatively, these patterns generally hold across different income classes, although with different magnitudes. Table 3 shows the positions of the three income classes, with the long-term category combining mortgages, bonds, and pensions. 11 The general pattern of â€Å"borrowing more when young and lending more with age† holds across different income classes. We observe, however, that levels of borrowing relative to their net worth among young middle-income and low-income households are relatively larger than they are for high-income households, mainly because the portfolios of low-income and middle-income households are concentrated in residential real estate (mortgages). This implies that while the young generally bene? from in? ation, bene? ts are likely concentrated among low-income and middleincome households. Table 3: Nominal Positions as a Percentage of Net Worth by Age and Income Class Age Cohort Under 36 36–45 High-income Short-term claims Long-term claims Medium-income Short-term claims 5. 83 2. 24 -28. 71 4. 39 7. 01 5. 49 20. 55 9. 07 20. 29 14. 91 18. 97 3. 86 -6. 5 2 -3. 73 5. 89 -1. 97 18. 40 -2. 36 19. 89 8. 48 19. 03 8. 56 21. 26 46–55 56–65 66–75 Over 75 Long-term claims -95. 27 Low-income Short-term claims 18. 90 Long-term claims -71. 01 -0. 06 -27. 07 5. 04 -8. 30 13. 84 6. 89 12. 58 1. 7 10. 96 12. 79 8 The government sector is a borrower in pensions as it holds liabilities from employer pension plans to its employees. 9 The borrowing in pensions by the non-resident sector indirectly re? ects the pension liabilities of the business sector. As previously mentioned, we allocate business sector portfolios across the three sectors, based on each sector’s equity holdings. 10 The classes are de? ned based on a mix of income and wealth. For simplicity, we use the terms low-income, middle-income, and high-income to refer to each class. See Meh and Terajima (2008) for the details. 1 The distribution of households as well as that of net worth by age group and income class is shown in Meh and Terajima (2008). UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVIEW SPRING 2009 45 How In? ation Causes Redistribution Given the observed differences in nominal positions among households, government, and non-residents, unexpected in? ation should induce redistributions of real wealth. But how do we begin to identify the pattern and quantify the extent of the redistributions? The size of wealth redistribution depends on how economic agents adjust their expectations to in? tion surprises. We follow Doepke and Schneider (2006) by considering two scenarios that provide upper and lower bounds on the redistribution of wealth. The upper bound is captured by a â€Å"full-surprise† scenario (hereafter FS). In this scenario, during several years of experiencing in? ation shocks, agents do not anticipate that shocks will continue in subsequent periods; nominal interest rates remain unchanged and the in? ation shock lowers the real value of nominal positions each period, regardless of the duration of these positions. Wealth redistribution from in? tion The goal of this section is to use the nominal positions documented above, combined with the methodology just described, to estimate the redistribution of wealth for an in? ation episode. Historically, in? ation episodes with different magnitudes lasting for extended periods have occurred. For example, between 2000 and 2004, the average in? ation rate in Canada was generally higher than the in? ation target rate of two per cent. To illustrate the in? ation-induced redistribution of wealth, we will consider a hypothetical in? ation episode that lasts ? e years with an in? ation shock of one per cent, starting in the benchmark year 2005. 12 Redistribution across sectors Table 4 summarizes the sectoral present-value gains and losses induced by an in? ation episode with one per cent shocks that continue for ? ve years, beginning in 2005, under the FS and IA in? ation scenarios. Table 4: Redistribution of Wealth acro ss Sectors as a Percentage of GDP, with a One Per Cent In? ation Shock Lasting Five Years Households Sectors Net Full-surprise scenario -1. 95 -1. 26 Gains 12. 53 7. 61 Losses -14. 48 -8. 86 2. 09 1. 49 -0. 14 -0. 3 Government Non-residents The size of wealth redistribution depends on how economic agents adjust their expectations to in? ation surprises. The lower bound is given by an â€Å"indexing ASAP† scenario (hereafter IA), where agents adjust their expectations after the initial shock to take into account the full duration of the shock. This scenario is also known as a gradual in? ation episode, since in? ation is partially anticipated. Under the IA scenario, the nominal yield curve is adjusted upwards to incorporate the in? ation shock. As a result, under the IA scenario, in? tion-induced gains or losses depend on the maturity of the nominal position. The position is â€Å"locked-in† at the pre-shock nominal interest rate until its maturity date but must be disc ounted using the new nominal rate, resulting in a lower present value. Intuitively, present-value gains or losses for a claim are larger under the FS scenario because all the positions are affected equally by the in? ation episode. Under the IA scenario, however, long-term positions are affected more drastically than shorter positions. Agents are able to mitigate their losses on instruments that mature before the in? tion episode ends. Our calculations are based on a present-value analysis, described in Box 1. Box 2 discusses how we assign terms to maturity for each category of claims. Indexing ASAP scenario It is apparent from the table that, under the two scenarios, the household sector loses, while the government sector wins. The household sector loss and the government gain are both large. Under FS, the household losses amount to 1. 95 per cent of GDP (or $26. 8 billion), while the government gain is 2. 09 per cent (roughly 5 per cent of NNP). The non-resident sector loses, but the loss is small, just 0. 4 per cent of GDP. To understand these ? ndings, recall that, under FS, gains and losses are directly proportional to the initial nominal positions. Since the household sector is the economy’s main lender and the government sector is the main borrower, it is not surprising that these sectors are the most dramatically affected by the shock under the FS scenario. 12 Under the current in? ation-targeting framework, in? ation has not exceeded expectations by one per cent for ? ve consecutive years. However, as a hypothetical scenario, we suppose price-level shocks that push in? tion to the upper bound of the range speci? ed in the current framework. The current annual in? ation target is two per cent with the target range extending from one to three per cent. 46 UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVIEW SPRING 2009 Box 1 Present-Value Analysis of Redistributions1 Full-surprise (FS) Scenario We start with an explan ation of how unexpected in? ation changes the purchasing power of a nominal claim. Consider an -year, zero-coupon bond with a total nominal yield at time of . In the absence of unexpected in? tion, the present value of one dollar earned in periods through investment in this ? nancial claim is given by are then summed over all claims to derive the net redistribution. Indexing ASAP Scenario The indexing ASAP scenario corresponds to a onetime announcement at period that, starting from the current period , in? ation will be percent higher than expected during each period for the next periods. Assuming that the announcement is credible, bond markets will immediately revise their in? ation expectations and incorporate these updates into the nominal yield curve. Assuming that the real curve does not change after the shock and that the Fisher equation holds, the new nominal interest rate used to discount . Therefore, the present a claim is value, , of a claim under IA is , where indicates the exponential function to base . Suppose that at time , there is a one-time surprise increase in in? ation of per cent per year that lasts for periods. Under the FS scenario, since the in? ation shock in each subsequent period is unanticipated, market expectations do not adjust and the nominal term structure is unchanged. As a result, only a proportion, , of a position’s present value remains, and this proportion falls as the size and duration of the shock increase. The present value of , is thus given by this nominal claim under FS, This equation shows that the present value of a onedollar claim at time is independent of the term to maturity of that claim. The present-value gain or loss, , is given by As can be seen from this equation, in contrast to the FS scenario, under IA, a ? nancial position of maturity will be affected only for the periods of its duration, before which the agent is assumed to reinvest at the pre-shock real yield. This is analogous to the agent’s reinvesting in a claim that offers a nominal rate of return that has been indexed to take the in? ation announcement into account. The present-value gain or loss of a claim of maturity under IA is given by: The net present value of gain or loss depends only on the size and duration of the shock and the initial nominal position. The gain is, indeed, proportional to the . pre-shock position, with a coef? cient of If , then there is a gain from the in? ation episode; otherwise, there is a loss. In order to derive the total gain or loss of an economic agent (e. g. , a sector r a household), is calculated for each claim with a term to maturity . The gains or losses 1 This methodology to calculate redistribution can be applied to compare the size of redistribution under different monetary policy regimes such as in? ation targeting and price-level targeting. This point is summarized in Crawford, Meh, and Terajima (this issue) and analyzed in detail in Meh, Rios-Rull, and Terajima (2008). Hence, under IA, the present-value gain or loss depends on (i) the size of the shock ( ), (ii) the duration of the shock ( ), (iii) the initial nominal position , and (iv) the maturity of the claim ( ). On the other hand, as mentioned above, the gain or loss under the FS scenario for any position is independent of its maturity. The IA scenario provides a lower bound for gain or loss on a claim, since it assumes full adjustment of expectations to the path of in? ation following the initial announcement. The total gain or loss of an economic agent is derived in the same way as in the FS scenario, based on the sum of the gains and losses from each claim. UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVIEW SPRING 2009 47 Box 2 Term-to-Maturity Structure In this box, we describe how terms to maturity are determined for each claim. For ? nancial short-term claims, we assume that they all have one-year terms to maturity, such that we set = 1. For mortgages, we apply the distribution of ? xed-rate mortgages by term in 2005. 1 The distribution is obtained using the Canadian Financial Monitor data set from Ipsos Reid Canada, which is compiled from a household survey containing detailed mortgage information. Chart A presents the distribution of mortgages across terms of mortgages, weighted by outstanding balances. It shows that the most common term of Canadian ? ed-rate mortgages is ? ve years. Based on the fractions we obtain from Chart A, we assign a weight for each . For example, we assign a 60 per cent weight to . We take a similar approach for bonds. We derive a maturity distribution from quarterly data on the maturity and face value of federal government debt. 2 Chart B shows the distribution from the fourth quarter of 2005. We assum e that the distribution of terms to maturity for federal government bonds approximates that for all instruments in this category. For pensions, we focus on two types of pension plans: de? ned-contribution and non-indexed de? ned-bene? t plans. For de? ned-contribution plans, we assume that the average investment portfolio is approximated by the holdings of Trusteed Pension Plans. 3 The assets of Trusteed Pension Plans are given in the NBSA. We compute the distributions of these assets over terms to maturity and use them to assign weights to each value. For non-indexed de? ned-bene? t plans, we assume a ? xed stream of annual post-retirement payments. When calculating the present-value 1 The term of mortgage is the length of the current mortgage agreement. A mortgage can have a long amortization period, such as 30 years, with a shorter term, such as 5 years. When the term expires, a new term agreement can begin at the prevailing interest rate. The term of mortgage, rather than the amortization period, is relevant for our analysis. These data were obtained from the Bank of Canada’s Communication, Auction and Reporting System database. See Meh and Terajima (2008) for more details. Trusteed Pension Plans hold approximately 70–75 per cent of employer pension plan assets. See Meh and Terajima (2008) for more details. gains and losses of pension assets, we apply the formulas in Box 1 to each payment, then sum all the gains or losses. In assigning the term to maturity of each payment, we set based on the difference between the current age of the household and the age at the time of the payment. Chart A: Distribution of Fixed-Rate Mortgages by Term % 70 60 50 40 30 20 10 0 Six months One year Two years Three to four years Five years Seven years Ten or more years Chart B: Distribution of Government Bonds by Term to Maturity % 15 10 5 0 1 yr. 10 yr. 20 yr. 30 yr. 2 3 48 UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVIEW SPRING 2009 It is also clear that gains and losses are generally smaller under IA. The household sector loss under IA is 1. 26 per cent of GDP (or $17. 3 billion), compared with 1. 95 per cent under FS. This change is driven by a reduction in the losses associated with the sector’s net savings in long-term bonds and pensions relative to the FS case. The change is offset somewhat, since instruments with a shorter maturity are less sensitive to gradual in? ation, and the gains associated with the sector’s net debt in mortgage markets shrink relative to the FS case. The government gain drops from about 2. 1 per cent of GDP under the FS scenario to about 1. 5 per cent under the IA scenario—i. . , it shrinks by almost one-third. This occurs because the government borrows through some bonds that have maturities of less than ? ve years. The non-resident sector’s losses, although small, increase from 0. 14 per cent of GDP under FS to 0. 23 per cent of GDP under IA. Finally, Table 4 shows gross redistributions for the household sector—i. e . , it distinguishes between losses associated with lending and gains associated with borrowing. It should be clear from these results that net calculations substantially understate how much wealth is shifted around. Under FS, the household sector gains 12. 3 per cent of GDP and loses 14. 48 per cent, implying a total gross redistribution of 27. 01 per cent of GDP. In other words, household wealth worth 27 per cent of GDP is reshuf? ed. Under IA, the total gross redistribution is 16. 47 per cent of GDP. Table 5: Redistribution of Wealth across Households as a Percentage of Net Worth by Age and Income Class, with a One Per Cent In? ation Shock Lasting Five Years Age group Under 36 Full-surprise scenario All High-income Middle-income Low-income Indexing ASAP scenario All High-income Middle-income Low-income 1. 66 0. 26 3. 91 2. 66 0. 44 -0. 18 1. 15 1. 15 -0. 54 -0. 74 -0. 3 0. 28 -0. 84 -0. 76 -0. 94 -0. 42 -0. 83 -0. 82 -0. 89 -0. 17 -0. 82 -0. 86 -0. 81 -0. 56 -0. 34 -0. 55 -0. 19 0. 14 1. 74 0. 13 4. 34 2. 53 0. 54 -0. 10 1. 28 1. 32 -0. 63 -0. 80 -0. 55 0. 16 -1. 07 -0. 85 -1. 26 -1. 01 -1. 36 -1. 34 -1. 42 -0. 69 -1. 55 -1. 45 -1. 64 -1. 15 -0. 53 -0. 68 -0. 42 -0. 16 36–45 46–55 56–65 66–75 Over 75 All Redistribution between household types Even though the household sector as a whole loses from surprise in? ation, the loss (or gain) is not uniform across different types of households. For different groups of households, we calculate the redistribution of wealth induced by the in? tion episode described above. Table 5 reports the present-value gains and losses as a percentage of the average net worth of each group for FS and IA. Overall, with respect to age categories, young households bene? t from in? ation and older households lose. On the income dimension, the right column of the table indicates that high-income households lose the most and the loss declines as income becomes lower. Speci? cally, the main winners are young, m iddleincome households with large, ? xed-rate mortgage debts. Their gain as a proportion of mean net worth is large: 4. 34 per cent under FS and 3. 1 per cent under IA. The second group of winners is the young, lowincome group, who enjoy, on average, gains between 2. 53 per cent and 2. 66 per cent of their average net worth. The gains of the young low-income group come largely from their holdings of student loans and mortgage debt. Note that this group actually experiences greater gains under IA. As in the case for the non-resident sector, this occurs when there is a maturity mismatch. More speci? cally, while the gains associated with their net borrowing positions in bonds and mortgages do not vary much between in? tion scenarios, the losses associated with their savings in short-term instruments are mitigated under IA, since these claims mature before the shock has ended. The main winners are young, middleincome households with large, ? xed-rate mortgage debts. More age groups amo ng low-income housholds bene? t from the in? ation episode than those among the middle class or the high-income under FS. This is because low-income households remain net borrowers through to age 56, and therefore the youngest three groups among the low-income are winners. In general, older middle- and high-income households bear most of the losses under the two in? tion scenarios. More speci? cally, under the FS scenario, high- and middle-income households over age 75 are the sector’s greatest losers, with losses accounting for 1. 45 per cent and 1. 64 per cent, respectively, of their respective average net worth. These losses are UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVIEW SPRING 2009 49 mainly owing to their large positions in bonds and non-indexed de? ned-bene? t pensions. Table 5 also shows that most high-income households lose from the in? ation episode. Older middle- and high-income households bear most of the losses . . owing to t heir large positions in bonds and non-indexed de? ned-bene? t pensions. Conclusion In this article, we quantify the redistributional effects of unexpected in? ation in Canada. To this end, we ? rst provide comprehensive evidence of the nominal assets and liabilities of various economic sectors and household groups. We then conduct experiments examining the redistributional consequences of various in? ation episodes. The key ? nding is that the redistributional effects of unexpected in? ation are large even for episodes of low in? ation. For example, during an episode of low in? tion, where in? ation is one per cent above expectations for ? ve consecutive years, the loss of wealth among the household sector as a whole could amount to the equivalent of two per cent of GDP, or $27 billion. Among the main winners are young, middle-income households, who are major holders of ? xed-rate mortgage debt, and the government, since in? ation reduces the real burden of their debts. The losers a re a combination of highincome households; middle-aged, middle-income households; and old households, who hold long-term bonds and non-indexed pension wealth. Non-indexed pension assets play an important role in the losses of old households. A natural question arising from these results is whether these redistributions have implications for the aggregate economy and welfare. These issues are analyzed in recent research by Meh, Rios-Rull, and Terajima (2008), whose ? ndings are also summarized in Crawford, Meh, and Terajima (this issue). Literature Cited Crawford, A. , C. A. Meh, and Y. Terajima. 2009. â€Å"Price-Level Uncertainty, Price-Level Targeting, and Nominal Debt Contracts. † Bank of Canada Review, (Spring): 31-41. Doepke, M. nd M. Schneider. 2006. â€Å"In? ation and the Redistribution of Nominal Wealth. † Journal of Political Economy 114 (6): 1069–97. Meh, C. A. , J. -V. Rios-Rull, and Y. Terajima. 2008. â€Å"Aggregate and Welfare Effects of Redistribution of Wealth under In? ation and Price-Level Targeting. † Bank of Canada Working Paper No. 2008-31. Meh, C. A. and Y. Terajima. 2008. â€Å"In? ation , Nominal Portfolios, and Wealth Redistribution in Canada. † Bank of Canada Working Paper No. 2008-19. 50 UNEXPECTED INFLATION AND REDISTRIBUTION OF WEALTH IN CANADA BANK OF CANADA REVIEW SPRING 2009 How to cite Unexpected Inflation, Essay examples

Professional Learning Community

Question: Describe how working within a professional learning community could help you become a more effective teacher. Evaluate your readiness to participate as a teacher in a professional learning community by honestly assessing yourself in these 3 areas: Am I willing to give my materials, my units, my best ideas to other teachers? Answer: Abstract Aprofessional learning community idea includes the exchange of ideas, sharing the experience and work collaboratively by a educators group who meets at regular interval in order to get better skills in teaching and the improves educational presentation of students. There is a saying if you always want to learn from your experiences then your life will seems to be short. Hence this concept is so much successful because professional shares their experiences and thus grow together. Introduction Professional learning communities are inclined to serve up in two wide intentions The acquaintance and skill improvement of educators during collaborative learning, exchange of proficiency, and skilled conversation. Enhanced educational ambitions accomplishment, and realization of students in the course of stronger guidance and education. Hence it is more than sharing lessons and worksheets. Professional learning communities frequently gathering as a shape ofaction research that is, as a method to repeatedly query, re-examine, purify, and get better teaching approach and information.Meetings are goal determined interactions make possible by trained educators to guide communities. Contribution in meetings may be completely deliberate, and in a few schools only some of the faculty will vote for contribution. Experience sharing In professional learning groups are frequently construct about shared roles or tasks For instance, the teachers in a grouping might all teach the similar subject say they may educate science, and these common characteristics permits contributors to spotlight on precise problems and approaches like How to educatethis specific student in better way How to effectively teachscientific theory Evaluation Somewhat than on common educational objectives or theories.Teachers, will talk about and reproduce on their instructional methods lesson planning andevaluationpractice, at the same time as administrators may tackle leadership queries policies and matters. While the precise behavior and objectives of a professional learning may differ extensively in various schools, the subsequent are an only some examples of ordinary actions that may happen in meetings: Discussing teacher work:contestants together do lesion plan and assessment evaluation that is covered in the class, and then present significant feedback and suggestions for progress. Discussing student work:Contestants evaluate student work submitted and then present suggestions on how education or education approaches may be customized to get better value of student work. Discussing student data:Contestants examine student presentation data to recognize trends like which students are again and again underperforming and collaboratively expand practical teaching and support approaches to assist students which are under pressure academically. References Barth, R. (1991). Restructuring schools: Some questions for teachers and principals.Phi Delta Kappan, 73(2), 123128. Marzano, R. (2003).What works in schools: Translating research into action. Alexandria, VA: ASCD. Charmez, C. (2000). Grounded theory objectivist and constructivist methods. In N. Denzin Y. Lincoln (Eds.), Handbook of qualitative research. Cochran-Smith, M., Lytle, S. L. (1999). Relationships of knowledge and practice: Teacher learning in communities. In A. Iran-Nejad P. D. Pearson (eds.), Review of Research in Education, 24, 249-305. Washington, DC: American Education Research Association.

The Effects of Plastic Bags on Environment free essay sample

The usage of the plastic becomes more negative effects on the health and environment. It affected by plastic bags because we dispose of all of them incorrectly and harmful when using in large quantity and also because of the unaware of the consequences of using the plastic bags. This part needed to be alert because plastic bags are always used and then it also will be exposed us to the dangerous by continuing of using the plastic bags. Therefore, by changing our ways of life can help to reduce the harmful which is effected to the human and others.As people know, plastic is chemical materials which pose to the environmental problem such as air pollution and drainage blockage problem. The plastic pollution can cause many problems such as a disease which are very costly to treat and it also will be difficult to manage. Before this happened, why not we need to be aware of ourselves and the surrounding from everything that can be happened. We will write a custom essay sample on The Effects of Plastic Bags on Environment or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Next, when the burning of the plastics it can cause the air pollution. From the burning of plastics, there are too much of the dangerous gas contained in it. The pollutants also can affect the ozone layer and global warming. It also can affect the human’s health. Plastics are composed of petrochemicals that can produce the acid rain as the chemicals released into the atmosphere. Next, if too much of the plastics in the drain it may affect to the drainage system. That’s why plastics is the either one of the factors that can cause the blockage of the drainage system. This will happen especially during the rainy seasons and also cause the flooding. Lastly, maybe our country will the loss of tourism. Can be highlighted here, nobody wants to interact with the dirty environment.After that, to overcome the problem of the plastic issue, we need to find the alternative ways to overcome this problem. Biodegradable is the one best way that can be used to protect the environment from the harmful materials and waste material. For example, using the reusable bags made of other fabrics instead of using plastic is also the best way that can reduce the air pollution. This is because this fabrics are environmentally friendly and can be used repeatedly to reduce waste. Next steps are the most important that need to be alert is proper waste disposal, which is throwing the plastics in the placed that already served. When used all the methods, it will reduce the usage of the plastic bags. Besides that, do the recycle method where are separate the collecting wasted based on the dustbin. This method also can reduce the drainage blockage problems and air pollution can be prevented. Other than that, do the campaign that can encourage people to use less harmful material and use more materials that good for nature than use the scientific method such as for reducing, reuse and recycle.

Roman sports and entertainment essays

Roman sports and entertainment essays Entertainment and sports have always been important in every empire. In the Roman times it was vital to their empire. Romans really invented the sports that our civilization uses every day. Not every one could afford these great games and shows so a leader that went by the name of Augustus created bread and circuses. These were the same events as the other games but free and included a free price of bread. Augustus realized that the plebeians vastly outnumbered the patricians and equestrians. He immediately noticed that he was making the plebeians happy. Although people thought that he was buying them off such as when Tacitus said, Through the sweetness of leisure Augustus seduced one and all. he gained a lot of power because people liked him more. These events were said by Augustus to make sure Romans were fed and entertained to ensure peace. Roman people tried to enjoy their life a lot more intensely than our civilization. It really shows that making entertainment accessible to the poor made him loved by all. Gladiators were the most popular event for Roman entertainment. Gladiator fights were usually a fight to death although not always. The gladiators wore 3 different types of clothing. One type were the fighters were covered in armor and had a sword or spear. The second type was when they only had a shield and sword with a loin cloth and thats it. The last type was a loin cloth a helmet a net and a three pronged spear (Retiarii). They sometimes fought against other people and sometimes fought against animals and rarely they would mix the two. The fighters were usually slaves or captives gained from war. It was almost impossible to win but when it happened they had to do it again the very next day. Freedom was won if you were good but usually the good fighters came back and did it again just for justice. When a man versed a beast it was a usua ...

All About Suicide By Luisa Valenzuela

Suicide: something that occurs among all age groups except newborns obviously. Although suicide occurs among all age groups there has been an increase, specifically among teenagers. Some would say that suicide is not preventable. However, that is not the case. Teenagers give off warning signs that can be noticed by those around them. Parents, teachers, and guardians need to take action and bring a stop to this increase in teenage suicide by cutting down the stress they put on teens. According†¦ Assisted Suicide I examine the ways in which our cultural expectations with respect to death may be transformed by the legalization of assisted suicide. I suggest the inadequacy of the philosophical framework currently taken as the basis for discussing the advantages as well as the dangers of legalizing assisted suicide. I do not believe that individual autonomy is any sort of possibility for dying patients, regardless of the social policies that surround death in a society, insofar as our individual†¦ Olesen February 25, 2015 Our Fate in Our Hands Assisted suicide is a controversial topic, sparking up questions and debates on whether it should be legal, or not. I argue that it should be legalized, it would be beneficial to some individuals because it would allow people with terminal illnesses to plan and prepare for their deaths, rather than go through pain and suffering, and the fear of not knowing when you could die. Assisted suicide, also commonly known as death with dignity, was created so†¦ Over a time span of one year, 2003 to 2004, suicide amongst children, especially teens has risen drastically. Contemplating suicide at any age is horrible. When a teenage, who has the ability to make informed decisions and has all the potential in the world, considers committing suicide, this is a tragedy. The tragedy suicide is the third leading cause of death among young people ages 15-24. Suicide is the second leading cause of death among college students. This paper attempts to list theories†¦ Doctor-Assisted Suicide Suicide is the act or instance of taking one's own life voluntarily and intentionally especially if that person is of sound mind. Euthanasia is the act or practice of killing individuals who are hopelessly sick or injured for reasons of mercy. Doctor-assisted suicide is a term used to describe the act of a doctor or physician providing direct or indirect means of assisting someone in taking their own life. There are 2 types of euthanasia. Passive euthanasia is withholding†¦ That 's the thing about suicide. Try as you might to remember how a person lived his life, you always end up thinking about how he ended it. (Cooper). Suicide is a life changing event, not only for the person who commits suicide but also for the surviving family members and friends. Family members might turn to each other in search of answers wanting to know what drove their loved one to commit such an atrocious thing, and subsequently begin to blame themselves or each other for not realizing that†¦ Assisted suicide is a very contentious topic in the world today. Everyone has their own opinion on this subject and it is a socially debated subject that involves a person making a choice, whether it is a choice to continue on with their life or give up hope and end their life. This should be a choice a person should make for themselves. While in the United States only one state has legalized assisted suicide. I agree with assisted suicide and this paper will support my feelings on this subject.†¦ The Significance of Suicide in Hamlet The concept of suicide is one that is greatly contemplated and discussed by Hamlet and other characters in William Shakespeare's play. It can be seen through two of Hamlet's soliloquies and his overall demeanor throughout the play. Hamlet has many issues that he must deal with such as the death of his father and the marriage of his uncle and mother. These two incidents led Hamlet to consider the extreme act of suicide to escape the fate that he had been bestowed†¦ assisted suicide this is a controversial subject, in this case there is a young cancer patient who has declined quickly who may be asking for help in ending their life. It may be argued that this is one of the choice a patient may make in the way that they seek to determine their own treatments; furthermore that allowing fully competent patients to make this decision is respecting autonomy. However, the patient bill of rights does not enshrine any right for a patient to seek assisted suicide. They†¦ â€Å"Suicide is not chosen; it happens when pain exceeds resources for coping with pain† (I-10). Ending a life is a big step in the wrong direction for most. Suicide is the killing of oneself. Suicide happens every day, and everyday a family’s life is changed. Something needs to be done to raise awareness of that startling fact. Suicide is a much bigger problem than society will admit; the causes, methods, and prevention need to be discussed more openly. Committing suicide probably sounds like a foreign†¦

The Chrysanthemums Assignment Example | Topics and Well Written Essays - 250 words

The Chrysanthemums - Assignment Example This is evident on her passion to pursue a life of adventure, on the road, like the tinker who came up her house one day. Her sexual needs are also mentioned in the story, having shared a flirtatious banter with the tinker and even kneeling in front of him like â€Å"a fawning dog†. It should be noted that Elisa doesn’t have kids and she was already 35, which signals that she and her husband Hank do not really have a productive, if at all, sexual relationship. The story ended with Elisa crying because she knew that she would be forever kept in that â€Å"closed pot† of a valley. The conflict of the story is character vs. society. This is set in 1938 and the women are not as privileged as men. Even though we see that Elisa is smarter and better than the two men, she is still confined to the house, tending flowers instead of doing something more productive. She finds this frustrating, and this is not her fault, it’s the society’s. Her happiness and se lf-fulfillment is being regulated by the society and it’s suffocating her. The theme is also gender inequality. We see this story as a good reflection of society in that day, and Elisa symbolizes the women as much as the two male characters symbolize the men. However great a woman can be, she is still relegated to doing house work, just because of her sex.

French Literature in Translation (Tristan and Iseult) Essay

French Literature in Translation (Tristan and Iseult) - Essay Example Analyzing the translations of the French version of Tristan and Iseult, one can see that there were two main versions from the French poets of the twentieth century: Beroul and Thomas. These two versions differ in their presentation, style and in some of the scenes, though the theme and the plot were still the same. â€Å"Berouls romance was considered to be the uncourtly version, because it was less refined, and some of the scenes and the behaviors of the characters were brutal at times†¦On the other hand, Thomas wrote courtly version of the romance. Thomas was much more interested in the inner thoughts of the characters† (Joe, 1999). It makes clear the fact that there are differences between these two French versions. The reader/audience can feel the driving force which is yearning for union beyond the restrictions of time, physical passion and their own separate material existence while going through Tristan and Isolde. Through their death, lovers achieved the realization of divine love. In other words, through the world of divine love they receive the status of immortality. Death is presented as a great opportunity to reach the state of oneness forever. Iseult embraces death with full passion and she joins her lover in a mystical background. In the old stories the lovers were buried on the side of a chapel and believed to be regained life with self realization. Wagner, in his opera, demonstrates the events with necessary improvisations and as a result reader can see the historical elements of Western ideologies and principles about love and death is presented clearly in Tristan and Iseult. Wagner’s work underlines the fact that the story discusses serious sociological and psychological layers. The human relation (love between Tristan and Iseult) explores the elements of a great symphonic texture. Merging of the lovers is a perfect example of the

Abortion Essay Introduction Essay Example for Free

Abortion Essay Introduction Essay Termination of fetus before death of the child can be defined as Pro-abortion. In the case of Roe Vs Wade, the Supreme Court had given its decision allowing the abortions in the first six months of pregnancy of period. Pro-abortion is a right of the women. The abortion is legalized from January 22, 1973 in all fifty states of Unites States. The Rose Vs Wade is foundation for pro-abortion in United States. The women rights groups and pro-abortion supporters welcomed the decision. But some of the opponents started the pro-life movement demanding abortion restrictions. Before 1973 abortion is not subject to United States constitution law. It was the matter for the individual states. So abortion was illegal if it is made after four months of pregnancy. Due to the efforts of American Medical Association anti-abortion laws have been come into force around 1900. Â  With the familiar case of Roe Vs Wade where a woman challenged the Texas laws, the U.S.Supreme Court made the following conclusions: 1. The abortion law not belongs to state issue and it is subject to Constitution of United States i.e. federal constitutional law. 2. The procurement of abortion was a constitutional right. Previous to the Roe Vs Wade, majority states in the United States of America prohibited the abortion with an exception when the life of women in threat. But the Supreme Court allowed in the case of Roe Vs Wade that woman has constitutional right for the pro abortion of first six of pregnancy. The pro-abortion would be safer and involve less complication. It is noticed that at about 89% abortions performed in the United States during 1995. All such abortions under taken in the early stage only i.e. with in the first 12-13 weeks after the last menstrual period. Since early days, the abortion was illegal and it is recommended only when life of mother is in danger. Later on the legislation developed as woman has constitutional right for the abortion of first six months of pregnancy. Accordingly the Supreme Court also given judgment stating that States could restrict the abortions of last 3 months of pregnancy. Here the last 3 months period is crucial stage, where the life fetus will be developed.

Frankenstein Essay -- English Literature

Frankenstein In the novel ‘Frankenstein’ Mary Shelley Portrays a Monster. The view of the monster is hideous. In the beginning he was childlike, kind and helpful but with the time he gains knowledge he becomes miserable. Mary Shelley writes about the monster to express her views about knowledge and the changes it can bring. In the 19th century with the industrial revolution there were negative effects. At the time there was a lot of development in Science and technology causing people unsettled. The people died because diseases spread. When people felt unsettled they wanted to know why are these changes happening so, they turned towards religion or the supernatural. That’s why stories about supernatural became popular. ‘Frankenstein’ is one of the typical examples of that time which portrays the effects of these changes. As we read more we get to know that Victor Frankenstein described the monster when he first came alive. The monster was ‘hideous’ with his ‘yellow eyes’, ‘pearly white teeth’ and ‘scarcely skin’. Here Shelley wants us, as readers, to be repulsed by what we see. She wants us to know that knowledge is dangerous: the monster is a symbol of Victor’s knowledge to the monster by running away. This Quote â€Å"I rushed of the room, and continued a long time transversing my bedchamber†, shows that Victor is distressed by his creation. As we readed more we observed that the monster is described as Childlike, for example, when he came across the fire and was excited by it’s ‘warmth’. Here Shelley is telling us that the monster has started to feel his senses. He is naà ¯ve and we feel sorry for him. Mary Shelley then introduces the monster as a narrator because she wanted us to know the truth, in ... ... the girl’s friend injured him because he thought that the monster is hearting her. The monster remained in Switzerland with his pain and agony for a couple of days. Then he reached Geneva after all. We feel that the knowledge has turned the monster into an Evil. Mary Shelley wants us to know that knowledge can be dangerous and can lead to the lowest dejection; if somebody knows a lot about everything he can become unsatisfied. In my conclusion I would say that the monster changes as he gains knowledge. In the beginning he was kind and helpful, but became dangerous and horrible as he gained knowledge. Mary Shelley describes about the monster to create an image of those circumstance in our head. She also tells us that knowledge can be dangerous. We feel that the monster was innocent and Victor Frankenstein is responsible for everything that has happened.

Southwest Airlines Organizational Culture

Southwest Airlines corporate philosophy can be credited to one of the founders Herb Kelleher. It is an airline company with a unique culture â€Å"goofiness†, which keeps the morale of its employees high (Smith, 2004), and is a company that welcomes fun, dedication, and effort. Southwest believes that a happy employee will create a happy customer, and will create loyal customers. Mr. Kelleher effectively implemented its style, culture and emphasis on quality in the daily actives at Southwest (Smith, 2004), and he did so without the help of outside consultants.The Airline was founded in 1971 by Herb Kelleher and Rollin King, and in the 1980’s nine years after Southwest was established they adopted a mission statement (Smith, 2004): â€Å"The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and company spirit† (â€Å"Mission & Vision†, 2011) . This mission statement also ties to their motto â€Å"We operate with a Warrior Spirit, a Servant’s Heart, and a Fun Luving Attitude (â€Å"Mission & Vision†, 2011).In order to accomplish this mission statement, the company is committed to their employees, by providing their employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of the airlines. Employees will especially be provided the same concern, respect, and caring attitude within the organization that they are expected to share externally with every customer (â€Å"Mission & Vision†, 2011).Based on my finding Southwest Airlines aligns their organization’s espoused values along with their enacted values, because they were developed from the leader’s values, beliefs, and assumptions about people and work (Quick, 1992). The actions of Mr. Kelleher in top management, has set the organizational norm s. It can be seen in Southwest’s three values humor, altruism, and â€Å"luv’. Humor is used as one of the hiring criteria, Southwest looks for people with certain attitudes, who aren’t so tight and restrictive, but with an up-beat attitude (Quick, 1992).Altruism is a corporate value that begins at the top and trickles downward (Quick, 1992). Southwest Airlines holds this value of great importance, because they believe in caring and giving to other people (Quick, 1992). Communication at Southwest is a key factor for its success as a company, and will remain that way for the future. It is with effective communication that Southwest Airlines has been able to provide guidelines that their employees are able to follow.At any job, job descriptions evidently describe responsibilities between employees and departments (Smith. 2004). But at Southwest their philosophy is shared goals, shared knowledge and mutual respect, with the expectation that each person’s jo b includes helping fellow colleagues with their work any time necessary (Smith, 2004). Good communications skills are critical to a business’s success, and Herb Kelleher is renowned as an effective communicator and has gained the trust of his employees through the years.Conflict is an important and useful part of communication, and can be a misconception in group communication, because it can often be viewed as bad and should be avoided. However, in the case of Southwest Airlines, it is a company who has an open door policy, â€Å"can do† and â€Å"let’s try problem solutions (Bunz & Maes, 1998). Employees are encouraged to generate ideas and then try them (Bunz & Maes, 1998).Conflict at Southwest Airlines challenges employees to research issues in greater detail, are able to learn more about issues, and enhance the openness for change and new innovations. Southwest also believes functional accountability leads to finger pointing between departments. Therefore, they utilize team metrics rather than functional metrics. Another example of how this company turns conflict into positive group communication (Smith, 2004) Conclusion In conclusion Southwest Airlines founder Herb Kelleher has done an excellent job at combining humor, altruism, and love.He created a positive culture and focused on people as people and identifying them as valuable assets to the company, thus making their organization and its employees more effective. The corporate culture he created is the glue that holds Southwest together (Smith, 2004), and Mr. Kelleher has been pivotal in crafting one of the most distinctive organizational cultures in United States today (Quick, 1992). Southwest airline treats their employees the way they want them to treat their customers.

Osmosis Lab Report

Osmosis Rates in Artificial Cells Daniel George Department of Biology Grand Valley State University 1 Campus Drive Allendale, MI 49401 [email  protected] gvsu. edu Abstract The lab for this paper was conducted for the topic of osmosis, the movement of water from high to low concentration. Five artificial cells were created, each being filled with different concentrated solutions of sucrose. These artificial cells were placed in hypertonic, hypotonic, or isotonic solutions for a period of 90 min. Over time, the rate of osmosis was measured by calculating the weight of each artificial cell on given intervals (every 10 minutes).The resulting weights were recorded and the data was graphed. We then could draw conclusions on the lab. Introduction Diffusion and Osmosis are two concepts that go hand in hand with each other. Diffusion is simply described as the movement of a substance from a region of high concentration to a region of low concentration. In another words, the substance will move down its concentration gradient which is â€Å"the region along which the density of a chemical substance increases or decreases† (Campbell Biology pg. 132). If you understand the concept of diffusion then osmosis is a very simple process.It can be defined as the diffusion of water across a permeable membrane. Osmosis can be cellular or artificial, so even though we are creating artificial cells in this lab, it is still considered to be osmosis. During osmosis, a solvent is trying to get through a selectively permeable membrane to make the concentration of that solvent the same on both sides of the membrane. The rate of osmosis depends on the type of environment the cell is in. There are three different environments that a cell can find itself in, a hypertonic environment, a hypotonic environment, or an isotonic environment.The environment a cell is in will determine its tonicity which is â€Å"the ability of a surrounding solution to cause a cell to gain or lose weight † (Campbell Biology pg. 133). â€Å"In a hypertonic solution, the cell will lose water, shrivel up, and most likely die† (Campbell Biology pg. 133). The reason this happens is because there is a higher concentration of water in the cell then there is in the environment the cell is in. Like I said before, water travels down its concentration gradient from high concentration to low concentration.So the water inside the cell will cross the membrane and enter into the solution outside the cell and it will continue to do this until the concentration inside the cell membrane and outside the cell membrane are equal. The opposite of this would be if the cell was in a solution that is hypotonic to the cell. In a hypotonic solution, â€Å"water would enter the cell faster than it leaves and the cell will swell up and lyse (burst)† (Campbell Biology pg. 134). This will also cause the cell to die. Both a hypertonic and hypotonic solution are very harmful to cell and in most cases will cause the death of the cell.A solution that a cell wants to be in is an isotonic solution. If the concentration of water in the cell and in the surrounding environment is equal, there will be no net movement of water across the membrane and therefore the cell will not shrivel up or swell up. ). An experiment has been conducted to find out whether or not osmosis is occurring by using artificial cells made of dialysis tubing. To test this hypothesis the experiment will show the change in weight of each artificial cell across a 90 minute time span.The experiment will also show which type of environment (as previously stated) each cell is placed in and taken out of to be weighed. Materials and Methods This experiment will look at the effects of various sucrose concentrations on the rate of osmosis in artificial cells made up of dialysis tubing. To begin the experiment one strip of dialysis tubing will be filled with 10mL of tap water, the second will be filed with 10mL of 20% sucrose, the third with 10mL of 40% sucrose, the fourth with 10mL of 60% sucrose, and the fifth bag will be filled with 10mL of tap water also.The dialysis tubing will be clamped at one end in order to fill it and then clamped at the other end to seal the filled bag. If the bag is not soft and floppy, the experiment will not work. Blot a bag with a paper towel to absorb the moisture and weigh it, if this blotting process is not done it could interfere with the weight readings creating inaccurate information. After the bags of the solutions are prepared, they will be placed into five different beakers with different solutions. Beakers 1-4 will be filled with tap water and the fifth beaker is filled with 40% sucrose and water.Fill each beaker with just enough water or solution so that the bag is covered and place the bags in the beakers simultaneously and record each time. Every 10 min the bags are to be taken out, blotted, and weighed again before returning them back into their resp ective beaker for another 10 min. The process is repeated until you have reached 90 min. The weights should be recorded in grams (g). Results Table 1 shows the contents of the bags and the content of the concentration it was submersed in. Bags 2-4 each contain a solution of both sucrose and water. These bags were each put into beakers containing hypertonic solution.These bags gained weight over time because the water moved from its high concentration inside the beaker to the low concentration inside the membrane of the artificial cell, the membrane being the bags that consisted of dialysis tubing. The water will continue to move through the pores of the dialysis tubing into the concentration of water is the same in the beaker as well as inside the artificial cell. Bag 1, consisting of water, was also put into a breaker containing water. The weight of this bag remains the same because it was placed in an isotonic solution, where the concentration of water was the same.Because of this , osmosis does not occur. The last bag (bag 5) contained only water whereas the beaker it was immersed in was a solution of 40% sucrose. The solution is a hypertonic solution because the concentration of water was higher inside the artificial cell then outside the cell membrane, inside the beaker. Because of this, the weight of bag 5 decreased as time went on because water was constantly leaving the bag through the pores of the dialysis tubing in an attempt to make the concentration of water equal inside and outside of the bag.As you can see from the results plotted in Graph 1, the bags that were put into a hypotonic solution gained weight over time, whereas the bag that was put into a hypertonic solution lost weight over time. Conclusion/ Discussion As you look over the results of this experiment it is clear that indeed osmosis does occur in an artificial cell with a permeable membrane made of dialysis tubing. As the data shows, the artificial cells that were placed in hypotonic so lutions had a gain in weight, the artificial cell that was placed in a hypertonic solution lost weight, and the cell placed in an isotonic solution stayed the same.The amount of weight gained or lost depends on how concentrated the solutions are, and this did not show in our results (Graph 1). †The rate of diffusion or osmosis is dependent on such factors as temperature, partial size, and the concentration gradient† (General Biology I Laboratory experiments and exercises pg. 3-1). The cell containing 60% sucrose should have ended up being heavier than the cells containing 20% and 40% sucrose, but an error must have occurred during our lab that changed the data that was collected.All in all, the results still prove our hypothesis that osmosis does occur in artificial cells. This means that when an artificial cell is placed in a hypotonic solution, it will gain weight. If an artificial cell is placed in a hypertonic solution it will lose weight, and if it is placed in an i sotonic solution it will stay the same. There are many reasons why our data could have been misleading, weather it was a small hole in one of the dialysis bags, or a faulty scale, or the inability to plot the bags dry before weighing.To better this experiment I believe you should have a scale for each of the bags so that you can weigh the bags and get them back into their respective beaker of solution as quickly as possible. Also, I believe a more successful way of drying each bag before weighing needs to be introduced but the excess water on the outside of the bags could have defiantly thrown off the data. References Patrick A. Thorpe (ed). (2013). Biology 120 General Biology I Laboratory Experiments an Exercises. Plymouth, MI: Hayden-McNeil Publishing.Reece, Urry, Cain, Wasserman, Minorsky, Jackson (eds). (2011). Campbell Biology Ninth Edition. San Fransico, CA: Pearson Education Inc.. Bag| Bag Contents| Beaker Contents| Bag is in a _____solution | Bag will _______ weight. | | 1| tap water| tap water| isotonic| stay the same| | 2| 20% sucrose| tap water| hypotonic| gain| | 3| 40% sucrose| tap water| hypotonic| gain| | 4| 60% sucrose| tap water| hypotonic| gain| | 5| tap water| 40% sucrose| hypertonic| lose| | | | | | | | Table 1 Graph 1 TIME (MIN) TIME (MIN) W E I G H T (g) W E I G H T (g) Osmosis Lab Report Osmosis Rates in Artificial Cells Daniel George Department of Biology Grand Valley State University 1 Campus Drive Allendale, MI 49401 [email  protected] gvsu. edu Abstract The lab for this paper was conducted for the topic of osmosis, the movement of water from high to low concentration. Five artificial cells were created, each being filled with different concentrated solutions of sucrose. These artificial cells were placed in hypertonic, hypotonic, or isotonic solutions for a period of 90 min. Over time, the rate of osmosis was measured by calculating the weight of each artificial cell on given intervals (every 10 minutes).The resulting weights were recorded and the data was graphed. We then could draw conclusions on the lab. Introduction Diffusion and Osmosis are two concepts that go hand in hand with each other. Diffusion is simply described as the movement of a substance from a region of high concentration to a region of low concentration. In another words, the substance will move down its concentration gradient which is â€Å"the region along which the density of a chemical substance increases or decreases† (Campbell Biology pg. 132). If you understand the concept of diffusion then osmosis is a very simple process.It can be defined as the diffusion of water across a permeable membrane. Osmosis can be cellular or artificial, so even though we are creating artificial cells in this lab, it is still considered to be osmosis. During osmosis, a solvent is trying to get through a selectively permeable membrane to make the concentration of that solvent the same on both sides of the membrane. The rate of osmosis depends on the type of environment the cell is in. There are three different environments that a cell can find itself in, a hypertonic environment, a hypotonic environment, or an isotonic environment.The environment a cell is in will determine its tonicity which is â€Å"the ability of a surrounding solution to cause a cell to gain or lose weight † (Campbell Biology pg. 133). â€Å"In a hypertonic solution, the cell will lose water, shrivel up, and most likely die† (Campbell Biology pg. 133). The reason this happens is because there is a higher concentration of water in the cell then there is in the environment the cell is in. Like I said before, water travels down its concentration gradient from high concentration to low concentration.So the water inside the cell will cross the membrane and enter into the solution outside the cell and it will continue to do this until the concentration inside the cell membrane and outside the cell membrane are equal. The opposite of this would be if the cell was in a solution that is hypotonic to the cell. In a hypotonic solution, â€Å"water would enter the cell faster than it leaves and the cell will swell up and lyse (burst)† (Campbell Biology pg. 134). This will also cause the cell to die. Both a hypertonic and hypotonic solution are very harmful to cell and in most cases will cause the death of the cell.A solution that a cell wants to be in is an isotonic solution. If the concentration of water in the cell and in the surrounding environment is equal, there will be no net movement of water across the membrane and therefore the cell will not shrivel up or swell up. ). An experiment has been conducted to find out whether or not osmosis is occurring by using artificial cells made of dialysis tubing. To test this hypothesis the experiment will show the change in weight of each artificial cell across a 90 minute time span.The experiment will also show which type of environment (as previously stated) each cell is placed in and taken out of to be weighed. Materials and Methods This experiment will look at the effects of various sucrose concentrations on the rate of osmosis in artificial cells made up of dialysis tubing. To begin the experiment one strip of dialysis tubing will be filled with 10mL of tap water, the second will be filed with 10mL of 20% sucrose, the third with 10mL of 40% sucrose, the fourth with 10mL of 60% sucrose, and the fifth bag will be filled with 10mL of tap water also.The dialysis tubing will be clamped at one end in order to fill it and then clamped at the other end to seal the filled bag. If the bag is not soft and floppy, the experiment will not work. Blot a bag with a paper towel to absorb the moisture and weigh it, if this blotting process is not done it could interfere with the weight readings creating inaccurate information. After the bags of the solutions are prepared, they will be placed into five different beakers with different solutions. Beakers 1-4 will be filled with tap water and the fifth beaker is filled with 40% sucrose and water.Fill each beaker with just enough water or solution so that the bag is covered and place the bags in the beakers simultaneously and record each time. Every 10 min the bags are to be taken out, blotted, and weighed again before returning them back into their resp ective beaker for another 10 min. The process is repeated until you have reached 90 min. The weights should be recorded in grams (g). Results Table 1 shows the contents of the bags and the content of the concentration it was submersed in. Bags 2-4 each contain a solution of both sucrose and water. These bags were each put into beakers containing hypertonic solution.These bags gained weight over time because the water moved from its high concentration inside the beaker to the low concentration inside the membrane of the artificial cell, the membrane being the bags that consisted of dialysis tubing. The water will continue to move through the pores of the dialysis tubing into the concentration of water is the same in the beaker as well as inside the artificial cell. Bag 1, consisting of water, was also put into a breaker containing water. The weight of this bag remains the same because it was placed in an isotonic solution, where the concentration of water was the same.Because of this , osmosis does not occur. The last bag (bag 5) contained only water whereas the beaker it was immersed in was a solution of 40% sucrose. The solution is a hypertonic solution because the concentration of water was higher inside the artificial cell then outside the cell membrane, inside the beaker. Because of this, the weight of bag 5 decreased as time went on because water was constantly leaving the bag through the pores of the dialysis tubing in an attempt to make the concentration of water equal inside and outside of the bag.As you can see from the results plotted in Graph 1, the bags that were put into a hypotonic solution gained weight over time, whereas the bag that was put into a hypertonic solution lost weight over time. Conclusion/ Discussion As you look over the results of this experiment it is clear that indeed osmosis does occur in an artificial cell with a permeable membrane made of dialysis tubing. As the data shows, the artificial cells that were placed in hypotonic so lutions had a gain in weight, the artificial cell that was placed in a hypertonic solution lost weight, and the cell placed in an isotonic solution stayed the same.The amount of weight gained or lost depends on how concentrated the solutions are, and this did not show in our results (Graph 1). †The rate of diffusion or osmosis is dependent on such factors as temperature, partial size, and the concentration gradient† (General Biology I Laboratory experiments and exercises pg. 3-1). The cell containing 60% sucrose should have ended up being heavier than the cells containing 20% and 40% sucrose, but an error must have occurred during our lab that changed the data that was collected.All in all, the results still prove our hypothesis that osmosis does occur in artificial cells. This means that when an artificial cell is placed in a hypotonic solution, it will gain weight. If an artificial cell is placed in a hypertonic solution it will lose weight, and if it is placed in an i sotonic solution it will stay the same. There are many reasons why our data could have been misleading, weather it was a small hole in one of the dialysis bags, or a faulty scale, or the inability to plot the bags dry before weighing.To better this experiment I believe you should have a scale for each of the bags so that you can weigh the bags and get them back into their respective beaker of solution as quickly as possible. Also, I believe a more successful way of drying each bag before weighing needs to be introduced but the excess water on the outside of the bags could have defiantly thrown off the data. References Patrick A. Thorpe (ed). (2013). Biology 120 General Biology I Laboratory Experiments an Exercises. Plymouth, MI: Hayden-McNeil Publishing.Reece, Urry, Cain, Wasserman, Minorsky, Jackson (eds). (2011). Campbell Biology Ninth Edition. San Fransico, CA: Pearson Education Inc.. Bag| Bag Contents| Beaker Contents| Bag is in a _____solution | Bag will _______ weight. | | 1| tap water| tap water| isotonic| stay the same| | 2| 20% sucrose| tap water| hypotonic| gain| | 3| 40% sucrose| tap water| hypotonic| gain| | 4| 60% sucrose| tap water| hypotonic| gain| | 5| tap water| 40% sucrose| hypertonic| lose| | | | | | | | Table 1 Graph 1 TIME (MIN) TIME (MIN) W E I G H T (g) W E I G H T (g)

Free Essays on Death of a Salesmen

Death Of A Salesman: Willy and Biff The play Death Of A Salesman, the brainchild of Arthur Miller was transformed and fitted to the movie screen in the year 1986. The play itself is set in the house of Willy Loman, and tells the melancholy story of a salesman who is in deep financial trouble, and the only remedy for the situation is to commit suicide. In the stage production of this tale that I saw last summer in Wisconsin, the specific lighting, set, and musical designs really gave the story a strong undertow of depression. For example, when Willy was alone in his room talking to himself, they would only use a spot light and would focus more of it on his face causing a shadow effect on his eyes, making him look even older. Logically the screen and stage productions both differ greatly in regards to the mood they set. Moreover the movie production can do many things that just cannot be done on stage, with reference to the setting of course. For example in this case a stage production cannot flash back without ha ving to reset the stage or reset the scene with different characters whereas in the film production they could just fade out and reshot the next scene without the audience seeing this. To generalize, the play gives us a good hard look at the great American Dream failing miserably through the character Biff and Willy Loman. Death of a Salesman specifically focuses on four characters, the first being the main character Willy Loman, and his wife Linda, and their two sons Hap and Biff Loman. As mentioned, the focal point of this play is Willy Loman, a salesman in his early sixties. Throughout the story we are told the hard life, emotions and triumphs of Willy the salesman. Early in the play we learn that he has recently been demoted to working for commission, which later in the play, translates into Willy getting fired. As the plot unfolds we discover that Willy had a rich brother who recently died named Ben, who... Free Essays on Death of a Salesmen Free Essays on Death of a Salesmen Death Of A Salesman: Willy and Biff The play Death Of A Salesman, the brainchild of Arthur Miller was transformed and fitted to the movie screen in the year 1986. The play itself is set in the house of Willy Loman, and tells the melancholy story of a salesman who is in deep financial trouble, and the only remedy for the situation is to commit suicide. In the stage production of this tale that I saw last summer in Wisconsin, the specific lighting, set, and musical designs really gave the story a strong undertow of depression. For example, when Willy was alone in his room talking to himself, they would only use a spot light and would focus more of it on his face causing a shadow effect on his eyes, making him look even older. Logically the screen and stage productions both differ greatly in regards to the mood they set. Moreover the movie production can do many things that just cannot be done on stage, with reference to the setting of course. For example in this case a stage production cannot flash back without ha ving to reset the stage or reset the scene with different characters whereas in the film production they could just fade out and reshot the next scene without the audience seeing this. To generalize, the play gives us a good hard look at the great American Dream failing miserably through the character Biff and Willy Loman. Death of a Salesman specifically focuses on four characters, the first being the main character Willy Loman, and his wife Linda, and their two sons Hap and Biff Loman. As mentioned, the focal point of this play is Willy Loman, a salesman in his early sixties. Throughout the story we are told the hard life, emotions and triumphs of Willy the salesman. Early in the play we learn that he has recently been demoted to working for commission, which later in the play, translates into Willy getting fired. As the plot unfolds we discover that Willy had a rich brother who recently died named Ben, who...

Essential of investments Assignment Example | Topics and Well Written Essays - 500 words

Essential of investments - Assignment Example The accrued interest on the bond turned out to be $2.42. The YTMs were calculated using the YIELD function on excel, with settlement date and maturity date taken at a difference of 10 years, coupon rate being 14% and then reduced to half at 7%, the bond price being $900, redemption value being $1000, and 1 coupon annually. The YTM based on what the firm promised is 2.55%. However, based on what the investors expect after the lenders and the firm agreed to lower the payments the YTM became 1.80%. The expected YTM is lower than the YTM investors were actually promised. a. The initial price is calculated as P=$705.46, with [n=20, I/Y=8, PMT=50, FV=1000]. The price in the next period would be P=$793.29, with [n=19, I/Y=7, PMT=50, FV=1000]. Therefore the HPR is 19.53% calculated as, [{50+(793.29-705.46)}/705.46] c. The 6% coupon bond performed better than the zero coupon bond in either case, when the interest rose or when they fell. This is probably due to the fact that the 6% coupon bond has a higher convexity. This shows that whenever we compare the change in yields of bonds by equal amounts as is in this question, the bond with higher convexity will always outperform the one with lower convexity. The duration was approximately equal but the convexity of both the bonds were different in this example which is always positive implies that the convexity effect always favors the higher convexity bond. d. Such a scenario where the bonds would be priced at the same yield to maturity if the rates changed in equal amounts cannot exist. No investor would buy a bond with a lower convexity as it always underperform the higher convexity bond. The price of the lower convexity bond will be low with a high YTM, which means that the higher yield is to compensate the investor for investing in a lower convextiy bond. The top-down method of security valuation is approach used

Nuclear Power Must Not be Phased Out Essay Example | Topics and Well Written Essays - 2750 words

Nuclear Power Must Not be Phased Out - Essay Example The rest is either exaggerated or purely hypothetical. Despite the claims against it and despite the mass appeal of such claims, nuclear power must NOT be phased out for the simple reason that it is one very sustainable source of energy. Nuclear energy remains sustainable because it is an energy source which is almost free from greenhouse emissions and thus will not likely have a great impact on climate change. Anti-nuclear power activists argue that most of nuclear energy comes in the form of fossil fuels and that this will eventually contribute to the greenhouse effect.1 This stems from the fact that fossil fuels, although not a direct source of nuclear energy, is the energy source upon which various stages of nuclear power production are made possible. In fact, electricity is used for various stages of the nuclear process such as uranium enrichment, the building of power plants, and the processing and storage of nuclear waste. Moreover, the idea is that the goal of nuclear fission is still the production of electricity, which is a major source of greenhouse gases.2 All these are believed to generate a â€Å"relatively high† amount of greenhouse gas emissions.... go to the opposite extreme in claiming that nuclear energy is â€Å"the world’s largest source of emission-free energy,† it would suffice to humbly admit that nuclear energy still contributes to the greenhouse effect, but the point is that what it contributes is statistically negligible. Aside from the insignificant amount of emissions from nuclear energy, its sustainability also depends on the idea that its waste products are relatively manageable. Nuclear waste is something that remains dangerous even for thousands of years and that there is always a possibility of contaminating huge areas. Furthermore, it is a cold hard fact that â€Å"there is no completely safe way to store nuclear waste.†6 Moreover, there is no guarantee that research on nuclear waste management will turn out to be successful.7 Admittedly, the issue of nuclear waste disposal is a strong argument against the sustainability of nuclear energy. Nevertheless, the volumes of wastes from fossil fu els are relatively much greater in quantity compared to those produced by nuclear power plants and thus, potential environmental damage is greatly reduced.8 Volume of wastes produced may be a minor issue in the environmental sustainability of nuclear energy but it is not as important compared to the factor of waste management. It may be true that nuclear wastes proves to be a threat to the environment but the nuclear technical community is rather more optimistic in believing that nuclear wastes can be contained or isolated safely until radioactivity cannot anymore harm humans or the environment.9 The solution is research and as of the moment, efforts are being made by governments in order to minimize emissions such as nitrogen oxides and particulate matter.10 The issue of nuclear waste disposal, therefore,