Model answer for Business Environement and Economics Essay

Model answer for Business Environement and Economics - Essay Example Thus, there is a rise in the aggregate demand for exports from the nation. On the contrary, the demand for imports also falls due to a higher value of foreign currencies. However, there are adverse implications of a falling exchange rate value as well. It discourages overseas investors from pouring their resources in a nation whose domestic currency bears a poorer value than that of the home country. This will imply a fall in the aggregate amount of investments and thus a negative influence on the gross income of the concerned nation. Nevertheless, this is compensated through a rise in export balances as well, so that the impact on the aggregate income of the nation is almost negligible. Moreover, a gradual rise in the income level establishes the rate of exchange at the previous level and thus, wins back the faith of the overseas investors once again, so that the nation is shoved to a path of economic growth and the national business houses experience prosperity once again. Speaking in terms of comparative advantage principals, suppose there are two nations, A and B, with each of them endowed with resources capable of producing two goods, X and Y. according to the principal, if A can produce X at cheaper expenses than B, then, A must concentrate on producing X only, while B should produce Y. The amounts of X and Y that each of them need would be traded between them so as to produce a mutually beneficial situation through increased income levels. The situation could be encompassed through the inequation, PXA/ PYA < PXB/ PYB, i.e., PXA/ PXB < PYA/ PYB. If currency of A devalues, it implies that both PXA and PYA should fall, compared to those in B, which need not maintain the inequations. In fact, it might be revealed that the relative prices of both X and Y is lower in A than in B due to cheaper production costs. Hence, demand for Y from B would shift to A; A now supplies both X and Y, which are imported by B. B in turn needs to open up other income

What is a source of nursing research Essay Example | Topics and Well Written Essays - 250 words

What is a source of nursing research - Essay Example All nursing research are fuelled by an identified gap in practical field that must be addressed to better nursing care, often this is regarded as the research problem (Winsett & Cashion, 2007). Nursing research can be identified by a wide search on different topics in current journals on health. Most journals give current information on trends in health, life style disease and health practices in various groups of people in the population. Analyzing these journals with an interest of identifying areas that have inadequate information or problems that stand unsolved will often avail chances of coming up with research problems (Winsett & Cashion, 2007). For instance a journal containing information about the menace of drug resistance among a certain population may provoke several questions which will ultimately lead to fining a research problem. Drug resistance is broad however a narrower research topic can be coined out to help better the understanding why drug resistance is a menace to the public health. Using drug resistance as the broader topic, a research topic such as; assessing the knowledge and awareness of a certain population on the dangers of noncompliance to an tibiotic therapy. This is a potential research study meant to reveal why the population is having a problem of drug