The Life of Pi Essays

The Life of Pi Essays The Life of Pi Paper The Life of Pi Paper Essay Topic: Life Of Pi The book Life of Pi by Yann Martel is a story about a young Indian boy named Piscine Molitor Patel and his Journey stranded in a lifeboat in the Pacific Ocean with only a tiger, Richard Parker. The Japanese cargo ship carrying his fathers zoo animals, his family, and workers, was traveling from India to Canada, where the Patels hoped to start a new life. Unfortunately, the ship sank from an unknown cause and Pi along with a tiger, orangutan, zebra, and hyena were the only survivors of the wreck. Eventually, Pi and Richard Parker were the last ones remaining. A part in the book hat really stuck out to me was in the beginning of the book where Piscene, known to all as P' (Martel, 22), was in Pondicherry, India with a strong desire to learn about different religions. Although the rest of his family believed they didnt need religion, Pi went his own way and let his curiosity get the best of him. His first religion was Hindu. Later, along with Hinduism, he practiced Christianity. Finally, he added Islam to his list of practicing faiths. I admire his steady devotion for learning about the different religions. Pi would show up as often as he could with a new question urning within him. I want to become more like P, having a strong desire and fascination to learn something new. In my opinion, it is one of the most fascinating quests in life. Practicing three different religions caused a lot of trouble between his family and his different religious leaders, who together all found out he was devout in all three sects. After much arguing between the pastor, imam, and pandit of which church he should Join, saying he must only choose one, Pis mother turned to him and asked what his thoughts were. Pi responded by saying, Bapu Ghandi said, All religions are true. I Just want to love God (Martel, 69). Whether your desire is to love God or something else, it is important to Just have that desire. Without it, what is the purpose of existing? From this, I was reminded that it is important to learn as much as you can and that it is okay to still be confused about life, for that will only help you to understand it more so long as you have a deep desire to understand, Just like Pl. I loved the way Martel opened my eyes showing me a new and positive perspective on such an abstract subject: the beauty of the relationship between life and death. I have never thought of this relationship as one being beautiful, nor have I ever sympathized with death before happening upon this quote. The reason death sticks so closely to life isnt biological necessity†its envy. Life is so beautiful that death has fallen in love with it, a Jealous, possessive love that grabs at whatever it can. But life leaps over oblivion lightly, losing only a thing or two of no importance, and gloom is but the passing shadow of a cloud (Martel, 6). The way he personifies life and death is truly a delightful image to apprehend. I wish I could sit down with he author and discuss this further over some tea. For the topic of life and death being one of the most fascinating and complex ideas known to mankind, he seems to have a lovely view on it. Martel describing life as being beautiful in a personified way enticed me to think about it in a way I havent before. I realized that yes life is indeed very beautiful; its stunning. Life is a sacred gift given to each of us and though we have the agency to spend it as we choose, I prefer to spend it wisely and with gratitude, not wasting a moment dwelling on anything that would not benefit or make ay Journey, Pi was interviewed in the hospital by two men from the Japanese Ministry of Transport who were hoping to find the cause of the sinking cargo ship. Pi told them the story of his Journey. In his story, he noticed the cargo ship was starting to sink in the midst of a terrible storm. He frantically alerted the crewmembers, which only spoke Chinese. They put a life Jacket on him and tossed him into the lifeboat, where a tiger was hiding under the tarpaulin. Soon after, a zebra Jumped in breaking its leg on the landing followed by a hyena. After the ship had sunk, an rangutan appeared floating on a large bundle of bananas. Because the zebra was helpless, the hyena decided to start eating it. This upset the orangutan, but it couldnt put up with a fght against the vicious, starving hyena. Once the hyena was finished eating what it could of the zebra and orangutan, the Bengal tiger also known as Richard Parker, attacked the hyena, which hopelessly surrendered. The Japanese men didnt believe him. They found it impossible that there could have been a tiger on the lifeboat and that an orangutan floated its way to the lifeboat on a bundle of ananas, saying that bananas dont even float. To test the validity of the story, Pi insisted that they fill the nearby sink with water and a bundle of bananas. To their surprise, the bananas floated. Still, they had plenty of doubts. The Japanese men wanted to bring back a story that was more believable. So, Pi told a different story. Instead of a hyena, it was the cook; his mother took place of the orangutan, and the sailor represented the zebra. He paralleled his original story to the second one, in disturbing, graphic detail. Instead of the hyena killing and eating the zebra and rangutan, it was the cook who killed and ate the sailor and his mother; instead of Richard Parker killing the hyena, it was Pi who killed the cook. The two men decided that they liked the first story more. Pi represented himself as Richard Parker. I am still struggling to figure out what the stories mean, especially the one about the Meerkat Island, where Pi and Richard Parker drifted to an island covered in algae and populated with thousands of meerkats. One night, after a few weeks of making themselves feel at home, Pi noticed something strange as he was getting his bed situated in a tree. As it got dark, all of the meerkats ran towards the forest and up the trees. He started to wonder why they were all frantically running away until he saw many dead fish floating to the top of one of the fresh water ponds. Meanwhile, Richard Parker slept in the lifeboat. It turned out that at night, the ground scorched their feet. In the morning, Pi noticed some fruit wrapped in vines and leaves hanging in only one specific tree and Just a small part of it. He climbed up the tree to pick one of the fruit, but as he unraveled the leaves, he found something else: a human tooth. Puzzled, he checked the rest of them. There were a total of thirty-two rotting human teeth. This caused him to suspect that the island was carnivorous and that an unlucky soul must have found the island but made the mistake of staying too long. Pi took this as his sign to leave the island and continue on his way in the Pacific. Though I dont know the meaning of some of these stories, I do have an idea that the Bengal tiger represents Pis animal instinct. With this in mind, I find it interesting that the only time Pi and Richard Parker were separated was when they were on the island. They were rarely seen together and Richard Parker even slept in the boat off the shore of the island while Pi slept high in a tree. But once he left the island, he and have survived. For example, on the Journey he had to apply it by killing and eating fish, which as a vegetarian he had never thought he would do. Life of Pi challenged me to think in ways I normally wouldnt. It took me out of my happy, blessed world, and instead put me in one life-threatening situation after another. Every time an event would happen in the book, I had to stop for a moment and ponder how I would have reacted or what I would have done in Pis position. Its easy for me to say that I would never hurt a living soul such as a fish even if I were under the influence of starvation, but maybe I would be so desperate that I wouldnt have to think twice. I certainly know I wouldnt be able to last as long as P. I think part of what helped him survive was his task of keeping Richard Parker alive. It gave him a sense of purpose and a reason to continue living. Perhaps it is important that I find my Richard Parker so that I may have a purpose to living a satisfying life. Martel, Yann. Life of Pi: A Novel. New York: Harcourt, 2001. Print.

7 Body Language Tricks That Will Improve Your Reputation at Work

7 Body Language Tricks That Will Improve Your Reputation at Work Body language can be surprisingly important. If you’re just starting out, or you’re a new manager, or even if you’ve been a boss for decades, there are a few tricks you should make sure to keep in your arsenal to appear more powerful and assert yourself in your career. 1. Make Eye ContactLook people in the eye whenever you’re being spoken to. It’s both commanding and polite. If it makes you too nervous to look directly in the eyes, try looking at the nose or ears- just make sure your focus is on their face.2. Delay Your SmileInstead of smiling the second you meet someone, take one moment just to look at them and consider them for a second, then- and only then- give them your biggest, warmest smile. Even a delay smaller than one second can give an air of sincerity to your post-assessment.3. Count BlinksIf you count your conversation partner’s blinks, you not only can increase your feelings of warmth and respect for that person by focusing your attention, but you can also ensure that you’re making good eye contact!4. Use Your HandsCharismatic leaders tend to talk with their hands. It makes you look commanding and powerful, so go ahead and incorporate your natural gestures into your speech.5. Pay Attention to PostureMake sure you’re sitting or standing upright and with your head held high. This can actually trick your brain into feeling more positive and powerful. And sends a strong signal.6. Don’t FidgetTry limiting the fidgeting- this includes crossing and re-crossing your legs. Minimizing your movement will often maximize your credibility and make people feel more comfortable in your presence.7. Try the SteepleTry putting your hands in the steeple position, with your fingertips together. This is a strangely powerful gesture that communicates confidence, listening skills, and competence almost effortlessly. Extra points if you lean back while doing it.

Huffman Trucking Controlling User Access Essay Example | Topics and Well Written Essays - 750 words

Huffman Trucking Controlling User Access - Essay Example In addition, importance of role-based access control (RBAC) system along with measures to handle distributed trust management issues for users going to or from business partner networks will be critically addressed. Segregation of Duties (SoD) is widely used security method in the financial accounting system and internal controlling system. The use of SoD will enable Huffman Trucking to restrict power in one hand by disseminating works or tasks to specific user. The main reason behind implementing the SoD, security system is to prevent conflict, wrongful acts, fraud, abuse and errors. SoD embraces particular security process within multiple employees that will ensure the employees in Huffman Trucking are prevented from engaging in any possible conflicts and frauds. Moreover, SoD facilitates in detecting failure of control that includes breaches in the security, avoidance of security controls and potential data or information theft. (Coleman, 2008). Role is defined as collection of rights, position and duties within an organization. Moreover, it involves authority, responsibility and interaction. The main purpose for defining roles in an organization is to ensure that tasks, which are needed to be performed, are assigned to specific users who are accountable for the same. Generally, the users have to perform basic and functional roles whereas the system access serves as a security method and control the users’ access to various resources in the system. This ensures only the authorized user to access the resources with proper control policy. Correspondingly, data segregation and system access will enable Huffman Trucking to gain substantial control over data access by allowing users to access only those files having privilege to access them and separates duties with proper information sharing and privacy (Kugblenu & Asim, 2007). Role-Based Access Control (RBAC) system is an access control system, which is used in an organization in order to ensure that

Film Analysis - The Pianist Essay Example | Topics and Well Written Essays - 1250 words

Film Analysis - The Pianist - Essay Example However, just before he is about to board, one of the Jewish guards pulls him out of line and inadvertently saves Szpilman’s life. Over the next few years, Szpilman goes from place to place while trying to avoid the German troops. He manages this successfully, although there are a few close calls. In one apartment where he was staying, Szpilman tipped over some plates, creating a loud bang. Immediately a neighbor was banging on the door and asking who was there. Once Szpilman opened the door, the woman asked for identification. We he could produce none, the woman started shouting that he was a Jew and that he needed to be caught. Szpilman managed to run down the stairs and get away as fast as possible. A little while later, a key turning point in the film began. The Polish Uprising began in August of 1944 and resulted in the last remaining Jews being executed. Szpilman is almost killed throughout this battle, but manages to stay alive. Once the Germans are mostly forced to lea ve the city, Szpilman is one of the few to still be living in the war-ruined city of Warsaw. Barely managing to stay alive, Szpilman attempts to find whatever food he can. As he is trying to open a can of pickles, a German captain, Wilm Hosenfeld, discovers Szpilman all alone. After a few short questions, Captain Hosenfeld asks Szpilman if what he does for a living. Szpilman responds that he was a pianist. To this, Captain Hosenfeld simply said, â€Å"A pianist. Come. Play.† Szpilman decides to play â€Å"Ballade in G-Minor, Op. 23† by Chopin. At the sound of this, Captain Hosenfeld felt touched enough to spare Szpilman’s life. This scene is one of the most impacting in the movie because it shows that even though two people may be at war, they can still see the goodness in each other. The filmmaker, Roman Polanski, is trying to show the Holocaust through the eyes of one man’s true story. Quite often Holocaust movies focus on the Jewish race as a whole, wh ich is fine, but it maybe not always the best way to represent the Holocaust. In looking at it from one person’s point of view, the audience is able to feel the emotions of the character and how stressful that time would have been. In the piano scene with the German captain, Polanski is trying to show that not all Germans are as evil as many people think. The stereotypical German of that day, and to some extent of the modern day, is one who is always yelling and putting other people down because of their race. This German Captain Hosenfeld gives the audience a side of a German war character that is, for some, not normal. In many Hollywood movies, Germans are always portrayed to be the bad guys. This is because, generally, many Americans of Jewish descent wield great power in high places and can thus get their views across easily. When Captain Hosenfeld asks Szpilman to play something on the piano, he is giving the Jew a chance to display his talents. Many people would have ex pected Szpilman to be shot instantly simply for the fact that he was Jewish, yet Captain Hosenfeld saw something in Szpilman that perhaps many others could never see. Once he began listening to the piano, Captain Hosenfeld was so captured by what he was hearing that he felt mercy for Szpilman and his situation. It could be that hearing the piano triggered something in Captain Hosenfeld’s memory. Maybe he had a happy memory of the piano as a child. The point is that Polanski is showing how

The Bane of Living in the Cities Essay Example for Free

The Bane of Living in the Cities Essay When we discuss about living in big cities or small towns, different people have different point of view. Both have their own advantages and disadvantages. From my personal opinion, big cities have more advantages as compared to small towns, which I quiet disagree with the topic. There are three points I would like to highlight here on why I said living in big cities brings more benefits. Firstly, big cities have far better quality education from lower to higher education. What I am trying to emphasize here is big cities can provide us with modern and adequate academic environment which I find it is very important as education is the key for success in the future career. Therefore, students in big cities can get several benefits from the modern education offered such as multimedia teaching, electronic library and also internet. see more:advantage and disadvantage of living in the city By contrast, those who are living in small towns cannot take the opportunity as much as in big cities because there are not enough modern facilities provided in small towns. Secondly, we can see that more and more people especially the young people migrate to big cities because they see many opportunities in employment. As we all know, most of the local and international companies are situated in big cities so there are many places that they can work as opposed to small towns. Consequently, they have bigger chances in achieving their dreamed career and also pursue in what they like. In addition to this, most of the jobs offered in big cities have bigger salaries so that is why it is one of the attractions for the young people to live in big cities. Last but not least, people live in big cities can enjoy several entertainments and closer to better services like hospitals. To illustrate, in big cities there are many shopping centers, entertainment parks and also many of the international events are held here. We can enjoy our quality time with our family in the entertainment parks but not for those who live in small towns because there is no such thing there. Furthermore, hospitals are nearer to you in big cities and the services offered are better compared to hospitals in small towns as they are fully equipped with modern equipments and also most of the specialists work there, It is true that despite these benefits of living in big cities, there are certain disadvantages to it. However, when compared both, I tend to see the advantages outweigh the disadvantages so that is why I am more on living in big cities. In a nutshell, no matter where we live it depends on an individual to make the decision to continue living your life.

Identify And Explain The Stages Of Grief Experienced By The Dying. Essa

1: Shock-Denial: This stage is when the patient first hears about his/her illness, and this is where the patient is saying "no, not me" and "it can't be me". During this time they will also ask a numerous amount that "is the results wrong", or "could you check my results again please". 2: Rage/Anger: There are two things to remember when dealing with this stage, which is that; anger is never personal, its more generalised. This means that no matter what, the patient never blames the people around them, but prefers to blame her/himself, or sometimes the whole world. Another part of the Rage/Anger stage is the "Why me" mini stage. This constitutes the patient to ask the people around him/her, but more prominently God. This behavior leads up to the bargaining stage. 3: Bargaining: This stage is when the patient has accepted his/her fate temporarily. This is so as it may seem that s/he is under control so s/he can bargain, more easily sway the recipient. The most usual case of bargaining is with God, for example "If you let me live one more day, ill become a good Christian and go to church everyday". These patients never really do what they promised. They maybe try to bargain with a member of the hospital staff, as well. This is not the final peace, only a temporary truce. 4: Depression: - Reactive This mini-stage is when the patient starts to feel despair because s/he can't hold or see in some cases their kids, or s...

Econ-545 Week 6 Quiz

| 1. | Question: | (TCO F) The size of the labor force in a community is 1,000, and 850 of these folks are gainfully employed. In this community, 50 people over the age of 16 do not have a job and are not looking for work. In addition, 80 people in the community are under the age of 16. The unemployment rate is ______. | | | Student Answer:|   | Unemployment rate=unemployed/labor force*100 150/1000*100=15% 1000-850=150 (number of people unemployed) then divided by total labor force divided by 100|   | Instructor Explanation:| The unemployment rate is calculated by dividing the number of unemployed by the labor force.The labor force is calculated by subtracting three things from the population (# under 16, # of institutionalized adults, and # not looking for work). In this example,  you are given the size of the labor force (1,000), and you are also told that 850 are employed. Therefore, 150 are unemployed, and the  unemployment rate is simply 150/1,000 or 15%. | | | | Points Received:| 15 of 15| | Comments:| | | | | | | 2. | Question: | (TCO F) Suppose  nominal GDP  in 2005 was $15 trillion, and in 2006 it was $16 trillion. The general price index in 2005 was 100, and in 2006 it was 103.Between 2005 and 2006,  real GDP  rose by what percent? | | | Student Answer:|   | Nominal GDP and REAL GDP must be equal in the base year. 2005 15tr, price index = 100 since nominal and real GDP must be equal in the base year 15tr/1. 03=16. 56tr(16. 56-16. 00)/16. 00=4% or 3. 5%|   | Instructor Explanation:| You need to make use of the inflation formula for the GDP deflator here and compare results between the two years. For 2005: 100 = [$15 T / Real GDP] x 100 So, Real GDP must equal $15 T. You could also recognize that Real GDP and nominal GDP are the same in the base year.For 2006: 103 = [$16 T / Real GDP] x 100 1. 03 = [$16 T / Real GDP] Real GDP = $16 T / 1. 03 So, Real GDP must equal $15. 534 T. The percentage increase in Real GDP will then be [(15. 53 4 – 15) / 15] x 100 = (0. 534 / 15) x 100 = 3. 56%  Therefore Real GDP increases by 3. 56% between 2005 and 2006. | | | | Points Received:| 19 of 20| | Comments:| | | | | | | 3. | Question: | (TCO F) The consumer price index was 198. 3 in January of 2006, and it was 202. 4 in January of 2007. Therefore, the rate of inflation in 2006 was about ______. | | | Student Answer:|   | 202. -198. 3=4. 1 4. 1/198. 3=. 02067 or 2. 07%|   | Instructor Explanation:| The rate of inflation is the rate of change of the inflation indicator, or more specifically: [(New Price Index – Old Price Index) / (Old Price Index)] x 100 In this case this equals, [(202. 4 – 198. 3) / 198. 3] x 100 = (4. 1 / 198. 3) x 100 = 2. 07% or approximately 2%. | | | | Points Received:| 15 of 15| | Comments:| | | | | | | 4. | Question: | (TCO E) (10 points) As the U. S. dollar appreciates in value relative to the Japanese Yen, what happens to the price of U. S. goods in Japan?What happens to the price of Japanese goods in the U. S.? (10 points) Why would a country (for example China) choose to keep their currency relatively pegged to the U. S. dollar? If the U. S. dollar were to appreciate considerably against most currencies, what would be the effect on Chinese exports to countries other than the U. S.? | | | Student Answer:|   | the price of goods in Japan start going up. the price Japanese goods in US start going down. China keeps its currency pegged in order to sell their goods for a cheaper price in the US and to make the US market dependent on their product. If dollar appreciate it will drag China's currency with it,in other words reducing China' export. |   | Instructor Explanation:| When a country's currency appreciates, it becomes more valuable versus the other currency we're comparing against. So, in this case, it would take fewer dollars  to purchase the same amount of Japanese Yen, U. S. goods become more expensive to Japanese buyers, and Japanese goods be come cheaper to U. S. buyers. A country such as China might choose to peg their currency to the U. S. dollar to keep prices stable for a key  trading partner like the U.S. If the U. S. dollar would appreciate considerably against most  currencies, this would not affect China trade with the U. S. , but  Chinese goods would become more expensive to their other trading partners, and could cause Chinese exports to these other markets to decrease. | | | | Points Received:| 17 of 20| | Comments:| | | | | | | 5. | Question: | (TCO E) Suppose the Indian rupee price of one  British pound is 54. 392 rupees for each pound. A hotel room in London costs 120 pounds, while a similar hotel room in New Delhi costs 6,500 Indian rupees.In which city is the hotel room cheaper, and by how much? | | | Student Answer:|   | London hotel room 120 pound or 6527 rupee (120*54. 392) India hotel room 119. 50 pounds (6500/54. 392) or 6500 rupee the hotel room is cheaper in India for . 50 cent in pound or 27 rupees|   | Instructor Explanation:| Since the exchange rate is 1  pound = 54. 392 Indian rupees, we can convert the price of the hotel room in London to Indian rupees and then be able to compare. 120 pounds = rupees(120 x 54. 392) = 6,527 rupees.Since the hotel room in New Delhi  costs 6,500 rupees, it must be that the hotel room costs 27 rupees  more in London than in New Delhi. | | | | Points Received:| 15 of 15| | Comments:| | | | | | | 6. Question: | (TCO E) Answer the next question on the basis of the following production possibilities data for Egypt and Greece:   Egypt production possibilities: A  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  B  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  C  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  D  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  E Shirts  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   0  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   3  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  6  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  9  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  12 Pants  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   24  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  18  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   12     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     6  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  0 Greece production possibilities:A  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  B  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  C  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  D  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  E Shirts  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  40  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  30  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   20  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  10  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   0 Pants  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   0  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚   40  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   80  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  120  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  160 Refer to the above data. What would be feasible terms of trade between Egypt and Greece? | | | Student Answer:|   | terms of trade between 2 countries lie somewhere between the opportunity costs in the 2 countries. in this case Egypt 1 shirt= 2 pants and in Greece case 1 shirt=4 pants, so the only feasible term of trade between the 2 countries would be anywhere in between these limits anything between 2 and 4 shirts and pants would work. t any terms of trade higher or lower than 2 or 4 pants per shirt , one of the countries would be able to do better than the terms of trade simply by trading off resources in their own country. |   | Instructor Explanation:| Feasible terms of trade between 2 countries lie somewhere between the opportunity costs in the 2 countries. In this case, in Egypt —   1 Shirt = 2 Pants, and in Greece — 1 Shirt = 4 Pants. So,  the only feasible terms of trade between the 2 countries would be anywhere in between these limitsà ‚  Ã¢â‚¬â€ anything between 2 and 4 Pants per Shirts would work.At any terms of trade higher or lower than  2 to 4 Pants per Shirts, one of the countries would be able to do better than the terms of trade simply by trading off resources in their own country. | | | | Points Received:| 20 of 20| | Comments:| | | | | | | 7. | Question: | (TCO F) The Republic of Republic produces two goods/services, fish (F) and chips (C). In 2006, the 1000 units of F produced sold for $8 per unit and the 5000 units of C produced sold for $1 per unit. In 2007, the 1500 units of F produced sold for $10 per unit, and the 6,000 units of C produced sold for $2 per unit.Calculate Real GDP for 2007, assuming that 2006 is the base year. | | | Student Answer:|   | base year 2006 1,000 units of fish at 8/unit =8,000 5,000 units of chips at 1/unit =5,000 GDP=13,000 2007 1,500 units of fish at 10/unit-15,000 6,000 units of chips at 2/ units at 2/unit =12000 GDP =27,000 Real GDP with 2006 as the base year 1500 units of fish at 8/unit =12,000 6,000 unit chips at 1/unit = 6,000 Real GDP =18,000 18,000-13,000/18,000 GDP grew by 28%|   | Instructor Explanation:| For 2006, Nomimal GDP  = ($8 x 1000) + ($1 x 5000) = $13,000.Real GDP for 2006 would be the same ($13,000). For 2007, Nominal GDP = ($10 x 1500) + ($2 x 6000) = $27,000. Real GDP for 2007 would be ($8 x 1500) + ($1 x 6000) = $18,000. That is, when calculating real GDP for a given year you use the production numbers for that year and the prices from the base  year. | | | | Points Received:| 12 of 15| | Comments:| | | | | | | 8. | Question: | (TCO F)  Country A  produces two goods,  elephants  and  saddles. In the year  2006, the  10 units of elephants produced sold for $2,000 per unit and the  25 units of  saddles produced sold for $200 per unit.In 2007, the  20 units of  elephants produced sold for $3,000 per unit, and the 50 units of  saddles produced sold for $300 per unit. Real GDP for 2007, assuming that  2006 is the base year, is ______. | | | Student Answer:|   | base year 2006 10 units at 2000 per unit =20,000 25 saddles at 200=5000 GDP=25,000 2007 20 units at 3,000 per unit =6,000 50 saddles at 300=15000 GDP=21,000 real GDP with 2006 as the base year 20 units of elephants at 3000 = 60000 for 50 units of saddles at 25 =1250 real GDP 61250 61250-21000/61250 real GDP grew by 65%.   | Instructor Explanation:| Real GDP is calculated for a given year by using the quantities produced in that year and substituting the base year prices. In this example we get: 20 ($2,000) +  50 ($200) = $40,000 + $10,000 = $50,000. | | | | Points Received:| 12 of 15| | Comments:| | | | | | | 9. | Question: | (TCO E) A Honda Accord sells for $28,000 in the United States and for SF35,520 in Switzerland. Given an exchange rate of SF1. 5 = $1, how do the car prices of both countries compare? | | | Student Answer:|   | with an exchange rate of SF1. 25=$1 28,000*1. 25=35,000 SF price is 35,520 t he car sells for SF520 more in Switzerland that it does in the US. |   | Instructor Explanation:| At an exchange rate of $1 = SF1. 25: $28,000 would equal   (1. 25 x 28,000) Swiss Francs = SF35,000, meaning that the car sells for SF520 more in Switzerland than it does in the U. S. Points 15 of 15| | | | | | |