Wednesday, August 26, 2020

ESSAY of POETRY ANALYSIS Example | Topics and Well Written Essays - 750 words

Of POETRY ANALYSIS - Essay Example Notice how the creator inconspicuously utilizes the word ‘try’ toward the start of the title. The announcement appears to be increasingly similar to a delicate supplication, an incitement with respect to the creator toward casualties and individuals influenced by the disaster (Zagajewski) †connotes how we should find excellence in the midst of the bunch events, so sad and damaging, of conditions and frameworks, yet additionally of the texture of inward congruity. There is an inborn positive thinking and avoidance in the subject of the title. Zagajewski discusses ‘praise’ and not minor resistance. This infers there is a need to rise above conditions, and through amazing quality harmony is discovered, regardless of how apparently harmed or ‘mutilated’ the conditions or condition may appear. There is a suggestion to â€Å"June’s ‘long’ days† shipping one to a second before, when there was relaxation and a feeling of merriment. A practically sexy picture is being painted, wherein ‘wild strawberries, drops of wine, the dew’ (Zagajewski) all join to make an encounter of magnificence and lavish guilty pleasure in life’s better angles. The tone is turns somewhat gloomy, where there is a reference to â€Å"nettles that systematically overgrow† (Zagajewski) Nettles are blooming plants, yet additionally have stinging hairs on their stems. While the annoy produces something as delightful as a bloom, it additionally has the shrouded capability of slaughtering and obliteration. There is a ramifications here that, the world, regardless of how ‘toxic’ is loaded up with pockets of ‘flowers’ and it is dependent upon us to recognize and concentrate on that which is delightful on the planet. The reiteration o f the title here has a hint of a guidance. This stanza shows the dualities, the contrary energies, and the indivisible disaster in extravagance. â€Å"†¦.stylish yachts and ships† (Zagajewski) are pictures used to either account for themselves in the entirety of their extravagance, or speak to the individuals in extravagant suits and workplaces in the WTC, not long before the 9/11

Saturday, August 22, 2020

Spoilage, Rework, and Scrap

Administrators have discovered that improved quality and bigotry for high waste have brought down in general expenses and expanded deals. 18-2Spoilageâ€units of creation that don't satisfy the guidelines required by clients for good units and that are disposed of or sold at marked down costs. Reworkâ€units of creation that don't meet the details required by clients yet which are along these lines fixed and sold as great completed units. Scrapâ€residual material that outcomes from assembling an item. It has low all out deals esteem contrasted with the all out deals estimation of the item. 8-3Yes. Ordinary decay is deterioration natural in a specific creation process that emerges considerably under productive working conditions. The executives chooses the deterioration rate it considers ordinary relying upon the creation procedure. 18-4Abnormal deterioration is waste that isn't inalienable in a specific creation process and would not emerge under productive working conditions. Expenses of unusual deterioration are â€Å"lost costs,† proportions of wastefulness that ought to be discounted straightforwardly as misfortunes for the bookkeeping time frame. 18-5Management exertion can influence the deterioration rate.Many organizations are perseveringly diminishing their paces of ordinary decay, prodded on by contenders who, in like manner, are persistently decreasing expenses. 18-6Normal decay normally is communicated as a level of good units passing the examination point. Given real ruined units, we induce anomalous deterioration as follows: Abnormal waste = Actual decay †Normal deterioration 18-7Accounting for ruined merchandise manages cost task, as opposed to with cost incurrence, on the grounds that the presence of ruined products doesn't include any extra expense past the sum previously brought about. 18-8Yes.Normal waste rates ought to be registered from the great yield or from the ordinary information, not the complete information. Typical deterioration is a given level of a specific yield base. This base ought to never incorporate unusual deterioration, which is remembered for all out info. Anomalous waste doesn't differ in direct extent to units created, and to incorporate it would cause the ordinary decay tally to vacillate unpredictably and not fluctuate in direct extent to the yield base. 18-9Yes, the purpose of examination is the way in to the task of decay costs. Ordinary decay costs don't append exclusively to units moved out.Thus, if units in consummation work in process have passed review, they ought to have typical deterioration costs added to them. 18-10No. In the event that irregular deterioration is recognized at an alternate point in the creation cycle than typical waste, at that point unit expenses would contrast. On the off chance that, anyway typical and strange decay are recognized at a similar point in the creation cycle, their unit expenses would be the equivalent. 18-11No. Waste might be viewed as an ordinary attribute of a given creation cycle. The expenses of typical decay brought about by an irregular breakdown of a machine would be charged as a piece of the assembling overhead apportioned to all jobs.Normal deterioration inferable from a particular activity is charged to that activity. 18-12 No. Except if there are exceptional explanations behind charging typical revise to employments that contained the terrible units, the expenses of additional materials, work, etc are normally charged to assembling overhead and allotted to all occupations. 18-13Yes. Anomalous improve is a misfortune simply like irregular waste. By charging it to assembling overhead, the anomalous revise costs are spread over different occupations and furthermore remembered for stock to the degree work isn't finished. Unusual adjust is improve well beyond what is normal during a period, and is perceived as a misfortune for that period. 8-14A organization is legitimized in reviewing scrap when its asse ssed net feasible worth is huge and the time between putting away it and selling or reusing it is very long. 18-15Company administrations measure scrap to quantify effectiveness and to likewise control an enticing wellspring of robbery. Administrations of organizations that report significant levels of scrap center consideration around approaches to diminish scrap and to utilize the piece the organization produces all the more beneficially. A few organizations, for instance, may upgrade items and procedures to lessen scrap. Others may likewise analyze if the piece can be reused to spare significant information costs. 8-16(5â€10 min. ) Normal and unusual waste in units. 1. Absolute ruined units12,000 Normal decay in units, 5% ( 132,000 6,600 Abnormal deterioration in units 5,400 2. Anomalous decay, 5,400 ( $10$ 54,000 Normal deterioration, 6,600 ( $10 66,000 Potential investment funds, 12,000 ( $10$120,000 Regardless of the focused on typical waste, strange waste is non-repeating and avoidable. The focused on ordinary deterioration rate is liable to change. Numerous organizations have decreased their waste to very nearly zero, which would understand all potential savings.Of course, zero deterioration ordinarily implies better items, more consumer loyalty, more representative fulfillment, and different valuable consequences for nonmanufacturing (for instance, buying) expenses of direct materials. 18-17(20 min. )Weighted-normal strategy, deterioration, proportional units. Arrangement Exhibit 18-17 figures identical units of work done to date for direct materials and transformation costs. Arrangement EXHIBIT 18-17 Summarize Output in Physical Units and Compute Output in Equivalent Units; Weighted-Average Method of Process Costing with Spoilage, Gray Manufacturing Company for November 2006. |(Step 1) |(Step 2) | |Equivalent Units | |Physical |Direct |Conversion | |Flow of Production |Units |Materials |Costs | |Work in process, starting (given) |1,000 | |Started during current period |10,150a | |To represent |11,150 | |Good units finished and moved out | |during current period: |9,000 | |Normal spoilage* |100 | |100 ( 100%; 100 ( 100% | |100 | |Abnormal spoilage†|50 | |50 ( 100%; 50 (100% | |50 | |Work in process, ending†¡ (given) |2,000 | |2,000 ( 100%; 2,000 ( 30% | |2,000 |600 | |Accounted for 11,150 | |Work done to date | |11,150 |9,750 | a From beneath, 11,150 all out units are represented. Consequently, units began during current period must be = 11,150 †1,000 = 10,150. *Degree of consummation of typical decay in this office: direct materials, 100%; transformation costs, 100%. †Degree of fulfillment of unusual deterioration in this division: direct materials, 100%; change costs, 100%. †¡Degree of consummation in this division: direct materials, 100%; transformation costs, 30%. 18-18(20(25 min. Weighted-normal technique, allotting costs (continuation of 18-17). Arrangement Exhibit 18-18 ascertains the expenses for each proportionate unit for direct materials and change costs, sums up all out expenses to represent, and relegates these expenses to units finished and moved out (counting typical deterioration), to anomalous waste, and to units in consummation work in process. Arrangement EXHIBIT 18-18 Compute Cost for every Equivalent Unit, Summarize Total Costs to Account For, and Assign Total Costs to Units Completed, to Spoiled Units, and to Units in Ending Work in Process; Weighted-Average Method of Process Costing, Gray Manufacturing Company, November 2006. |Total | |Production |Direct |Conversion | |Costs |Materials |Costs | |(Step 3) Work in process, starting (given) |$ 2,533 |$ 1,423 |$ 1,110 | |Costs included current period (given) |39,930 |12,180 |27,750 | |Costs acquired to date | |13,603 |28,860 | |Divided by comparable units of work done to date | |(11,150 |( 9,750 | |Cost per proportionate unit | |$ 1. 22 |$ 2. 6 | |(Step 4) Total expenses to represent |$42,463 | |(Step 5) Assi gnment of expenses | |Good units finished and moved out (9,000 units) | |Costs before including typical deterioration |$37,620 | (9,000# ( $1. 22) + (9,000# ( $2. 96) | |Normal decay (100 units) |418 |(100# ( $1. 22) + (100# ( $2. 96) | |(A) Total expense of good units finished and transf. out |38,038 | |(B) Abnormal deterioration (50 units) |209 |(50# ( $1. 22) + (50# ( $2. 96) | |(C) Work in process, finishing (2,000 units) |4,216 |(2,000# ( $1. 22) + (600# ( $2. 6) | |(A)+(B)+(C) Total expenses represented |$42,463 | #Equivalent units of direct materials and change costs determined in Step 2 in Solution Exhibit 18-17. 18-19(15 min. )FIFO strategy, deterioration, equal units. Arrangement Exhibit 18-19 ascertains proportional units of work done in the present time frame for direct materials and change costs. Arrangement EXHIBIT 18-19 Summarize Output in Physical Units and Compute Output in Equivalent Units; First-in, First-out (FIFO) Method of Process Costing with Spoilage, Gray Ma nufacturing Company for November 2006. | |(Step 2) | |(Step 1) |Equivalent Units | |Physical |Direct |Conversion | |Flow of Production |Units |Materials |Costs | |Work in process, starting (given) |1,000 | |Started during current period |10,150a | |To represent |11,150 | |Good units finished and moved out during current period: | |From starting work in process|| |1,000 | |1,000 ( (100%); 1,000 ( (100% ( half) | |0 |500 | |Started and finished |8,000# | |8,000 ( 100%; 8,000 ( 100% | |8,000 | |Normal spoilage* |100 | |100 ( 100%; 100 ( 100% | |100 | |Abnormal spoilage†|50 | |50 ( 100%; 50 ( 100% | |50 | |Work in process, ending†¡ |2,000 | |2,000 ( 100%; 2,000 ( 30% | |2,000 |600 | |Accounted for |11,150 | |Work done in current period just | |10,150 |9,250 | a From underneath, 11,150 absolute units are accounted for.Therefore, units began during current period must be 11,150 †1,000 = 10,150. ||Degree of finishing in this office: direct materials, 100%; transformation co sts, half. #9,000 physical units finished and moved out less 1,000 physical units finished and moved out from starting work-in-process stock. *Degree of finishing of typical decay in this office: direct materials, 100%; transformation costs, 100%. †Degree of c

Friday, August 14, 2020

5 Reasons Our Libraries are Awesome

5 Reasons Our Libraries are Awesome There are a lot of reasons I love Illinois, and a  lot of them are related to our library system, which is home to one of the largest and richest public research library collections in North America. Pretty cool, huh? As an Illinois student, youll find libraries everywhere, not just as freestanding buildings, but in your residence hall and maybe that building where you take a bunch of classes for your major. I could give you a bunch more facts about how many we have, etc., but I think theyre a lot more than books and numbers. I couldnt resist taking a pic of the rainbow of books. Here are my top five reasons why our libraries are exceptional: Theyre beautiful. Taken on my way to an Econ exam last semester. If youre only into libraries for the aesthetic, then Illinois is the right place for you. Pretty much all of our libraries are good for a good gram. I think the ACES Library is one of the most underappreciated on campus. It boasts a particularly cheery study atmosphere because its massive windows let in so much sunlight. You can pretend youre lying out on the Quad instead of staring down a Word Doc. They go as hard as you do. Via Giphy The Undergraduate Library (UGL) and Grainger Engineering Library are both open 24 hours, Sunday through Friday. (They do close on Fridays and Saturdays, when youre theoretically taking a break from studying.) But wait, Maggie, how will I stay up all night studying? Espresso Royale! Both the UGL and Grainger have Espresso Royale coffee shops located inside them, which are open pretty late so you can caffeinate as much as you want. Ive spent approximately 30 hours in the  library these last few weeks  finishing up an undergraduate thesis in English and working on final projects, and Im definitely not the only one in the library a lot these days! They have more than just books for checking out. Via Giphy All hail the Media Commons in the UGL! Forgot your laptop charger at home for the weekend? Borrow one from the Media Commons. Your Nintendo DS is busted, but you really need to play something mindless for a little while? Media Commons. Need a DSLR camera for class? Media Commons. Oh no, I lost my iPhone charger!  Media Commons. (Also, most residence hall libraries have cell phone chargers you can borrow.) Notably, things like iPhone and laptop chargers can only be checked out for two hours at a time and cant leave the library, but theyre a good option for desperate times. When I lived in Allen Hall as a freshman and sophomore, I had easy access to CDs, DVDs, and even sheet music right there in the Allen library, too. Never underestimate what the library can  do for you! Theyll help you ace that paper. (So many online resources!) Via Giphy Im an English major, so you know what I use a lot? JSTOR, the Oxford English Dictionary, and MLA Style. What does the library give me access to? All three of these these resources, just by being an Illinois student. Its wonderful. Its magical. It means I can finish a paper from the comfort of my own apartment with pajamas on and tea by my side (as long as Im logged into my library account). Inevitably as an Illinois student, you do or you will be using some sort of reference, database, or journal. You have access to these things through the university library systems website. Just click on what you need in the light blue box  between the navy Easy Search box and the orange Libraries Hours bar. Where the magic happens. The librarians are majorly helpful and accessible from far away, too! See that box to the right of the navy Easy Search box in the screenshot above of the librarys website? The Ask a Librarian feature lets you ask library-related questions from a a real librarian while youre working hard on something from your residence hall  or anywhere else that isnt actually the library. Librarians are great in person, too, but this is an awesome perk of the university libraries, too. I hope someday you love the libraries at Illinois as much as I do! Thanks for reading! Maggie Class of 2017 After starting my time at Illinois Undeclared in the Division of General Studies, I’m majoring in English and Economics with a minor in Informatics from the College of Liberal Arts and Sciences. I’m from the relatively small town of Manhattan, Illinois.

Sunday, May 24, 2020

Argument Esay Outline - 1371 Words

Argument Essay Outline Remember to include parenthetical citations. I. Introduction – What can you say to make your readers care about this problem? A. Attention Getter – Opening: General introduction that establishes the context for the discussion to follow Card Accidents are the leading cause of deaths in teens in the United States. In 2009 one of three teenagers died from motor vehicles crashes. These facts may be terrifying but they need to be recognized and acknowledged from teenagers. B. Thesis Statement What certain teens don’t understand is the seriousness of owning a vehicle and being responsible for the life of their friends, family and to the others out there. _______________________________________________________ _______________________________________________________________________ _______________________________________________________________________ II. Background – What does the reader need to know in order to understand the problem? A. Topic Sentence Too many teens today don’t see Drinking and Driving as a problem. B.Definitions_____________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ C. History of the Problem: The heartbreaking part is every injury and lost life due to driving after drinking can be prevented. DrinkingShow MoreRelatedWorld Civilization4404 Words   |  18 PagesDiscuss this assertion by examining two (2) of the long-term causes of the war and one (1) example of the destructive ferocity of the war.   Give specific examples of each in your discussion; you may need to rely on outside resources in your essay. Outline the underlying causes of World War II and the specific steps taken by Nazi Germany and Japan that led to war.   (Refer to pages 739-743 of your textbook and additional references)       Your essay will be evaluated based on the following scale.

Wednesday, May 13, 2020

Miller´s Analogy with Getting Up Early to Go Fishing Essay

Explain Miller’s analogy with getting up early to go fishing. What is this supposed to show? The dialogue on god, evil and the existence of god was between Gretchen Weirob, Sam Miller and Gretchen Weinrob. At the beginning, Weirob was sick and miller came to visit and ask Weirob to pray with him so god would cure her, but Weirob was a none believer and she refused to do so. Miller tried to convince Weirob that god exists and she should pray. Weirob tried to convince Miller that god did not exist by asking him if god exists and he is all knowing and all powerful, why did he let her get sick from the beginning? and why did he not let the illness that she suffers from go away. On the other hand, Miller gave her an example about a†¦show more content†¦In the third argument which is god is the necessary being and everything else is contingent. As Aquinas says in this argument there are two kinds of objects the necessary object and the contingent object. The necessary obje ct is the one which cannot be left out and the contingent is the thing that can be left out because there are other things. So this Argument discusses that there must be something necessary and all of the rest of the thing are contingent. As in Aquinas Argument everything is either necessary or contingent. If everything in the world is contingent, then everything is going toward an end, so at one time there would be nothing. In reality we can see that there is something right now which is the humans, other creatures. Therefore, not everything is contingent. On the other hand, let say that everything in this world is necessary, so everything will not tend to an end and that is wrong too because a lot of creatures are extinct. So there must be something necessary and all of the other thing is contingent. This statement leads us to Thomas Aquinas third Argument which is that god is the necessary being and all the other creatures are contingent. 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Wednesday, May 6, 2020

Microeconomics Research Paper Free Essays

Nicholas Benyola Professor Mansourian Econ 201- 25 17 May 2012 Microeconomics Research Paper Minimum Wage In the United States, minimum wage has remained at a low number for several years. Minimum wage is defined as the lowest possible income that an employer can legally pay an employee. This ensures that all people are fairly paid and not defrauded by companies or businesses. We will write a custom essay sample on Microeconomics Research Paper or any similar topic only for you Order Now Minimum wage is considered a price floor and the minimum wage laws determine the lowest price possible that any employer must pay for labor. In an economic model, the quantity of supplied is greater than the quantity demanded and the minimum wage is above equilibrium price and quantity. Minimum wage prevents labor supplied and labor demanded from moving toward equilibrium price and quantity. Although the government is trying to maintain a good balance of income distribution, there are is a high amount of people that work year round and still fall under the national poverty level. The government tries to stop the rich from getting richer, and the poor from getting poorer, so they make sure that everyone is earning the same amount of money. Even if our balanced income distribution is at a good number, an increase of the minimum wage price would help our country in a lot of ways. Raising the current minimum wage is one way to reduce poverty, will help businesses grow, and could help a lot of communities as well. The first advantage of increasing the minimum wage is that it will help poor people to earn a higher income. For many workers, minimum wage is simply not enough money for them to be able to support their families. A higher minimum wage would guarantee a higher quality of life for the people who work in basic jobs such as cleaning and preparing fast food. These workers’ economic situations are usually a result of their lack of education and training, and it is often difficult for them to get more education or training because of their economic situation. For many working Americans, an increase in the minimum wage will make the difference between living in poverty and not. An increase has the potential to help the standard of living for the poorest of people. This is a true statement, but opposition says that this only drives up the standard of living and inflation rate in the world. Inflation is defined as the overall general upward price movement of goods and services in an economy. Although some people who earn the minimum wage are teenagers, almost two-thirds are adults. The average minimum wage worker brings home about half of his family’s earnings. Increasing the minimum wage will help these workers to make up for lost ground due to inflation and it will help make work pay. Though inflation is one of the main problems in our economy and even though inflation and minimum wage are directly related, increasing minimum wage will give opportunity for a lot of lower class families to make enough to afford important things, such as insurance. If someone takes a trip to the doctor, with no insurance, they will most likely have to pay around eight- hundred dollars out of pocket. This would take anyone at least three months on minimum wage with two incomes to pay off these medical bills. Barak Obama’s plan to institute a health care plan for everyone will relieve a huge burden on people and also allow them to stay above the poverty line. Heidi Shierholz, an economist at the Economic Policy Institute says, â€Å"Jacking the federal minimum wage from $7. 25 to $8. 25 would give a raise to 10 million workers, including many currently earning their state minimum wage† (Shierholz). This research supports that a minimum wage increase would help millions of people who work not only at the minimum wage but below it and just above it as well. While an increase of a few thousand dollars per year would rarely lift a person or a family out of poverty, it could ease the struggle to pay for groceries, child care or rent, and it adds meaning and dignity to labor. A higher minimum wage is not enough, but it is very essential for the working poor. Minimum wage was created to keep businesses from taking advantage of their employees. Most of the workforce making minimum wage is young adults because companies feel that they can take advantage of them. Of the total affected workers, women suffer the most which is evidence that companies still have gender discrimination in the workplace. Companies are not only paying people small amounts of money but are also treating the women of America unfairly. If discrimination ended in the workplace then businesses would grow because they would have a more diverse workplace. Employees who are earned a higher wage would take their job more seriously. They would call in sick less often and would be more productive on the days they are at work. An employee working for a lower wage may spend a great deal of time job hunting, looking for a position that pays more but if employees are already earning a higher wage, they would not have to be searching for a higher paying job. This would reduce employee turnover for companies. John Montgomery, economic analyst for ABC states that, â€Å"From the business perspective, wages come in as one of the most expensive running costs, and have to be paid whether you are taking money that day or not. However, if there were no minimum wage, there is no doubt that many unscrupulous businesses would exploit staff wherever they could† (Montgomery). Of these adult workers, over half work full time and another third work between twenty and thirty hours per week. This statistic shows that a big majority of adults on minimum wage are working at least twenty hours a week. So, if minimum wage increases, it could be a huge benefit because it could add a ten increase to a final salary and this would affect millions of people in our workforce in a positive way. For most small companies there is a major upside to a minimum wage increase because it can stimulate the economy. Usually when people make more money, sometimes they make lifestyle changes and they buy more which generates more revenue in the economy. Raising the minimum wage would be beneficial not only to business but to communities as well. Many poor families rely upon economic aid from social services to survive and these organizations not only cost the community tax payer but they also take away from services provided by local businesses. With an increased minimum wage, low wage workers would be less reliant on social services and more willing to spend their money in the local economy. Over time people would be making more money and then would be able to afford more things in their community. The lower class is dependent upon dollar stores because their low income does not support flexible spending. This creates unequal revenue to producers, so an increase of minimum wage would help communities as a whole because more business would have the chance to grow. Kai Filion, Policy Analyst at the Economic Policy Institute, notes that â€Å"A recent study by economists at the Federal Reserve Bank of Chicago examined 23 years of household spending data and found that an increase in the minimum wage lead households with a minimum wage to significantly increase their spending. † This research supports that even a slight increase of minimum wage would increase spending throughout communities which would be beneficial for the entire country because it would increase the local tax base. Many government programs that try to help people with low income place a tax burden directly on others. Raising taxes is not a necessary step in establishing a higher minimum wage because government should not be taxing companies, but asking them to pay more to their employees. An increase in payment to employees would increase business expenses which would help companies pay less in taxes. Therefore, an increased minimum wage has potential to aid in the growth of communities around the world. For Americans, we must support an increase of minimum wage to further promote a healthy economy and a decrease in poverty. Minimum wage is one program that promotes active participation in the labor market and if the amount of citizens on welfare is going to decline, they should be offered more jobs that can pay a livable wage. If minimum wage workers were paid a living wage, they would spend it in the local economy which would turn in to a powerful economic stimulus and the government would save money on a lot of expenses. Raising the current minimum wage is one way to reduce poverty, will help businesses grow, and could help many suffering communities throughout the nation. This step toward economic equality may be essential for workers of all classes to have opportunity for a better standard of living. Works Cited * â€Å"Minimum Wage Increase Would Help Sluggish Economy, Say Experts. † The Huffington Post. TheHuffingtonPost. com, 07 June 2011. Web. 16 May 2012. http://www. huffingtonpost. com/2011/06/07/minimum-wage-increase-help-economy-experts_n_872617. html. * â€Å"Http://www. abc. net. au/news/2012-05-16/unions-push-to-increase-state-min How to cite Microeconomics Research Paper, Essays

Microeconomics Research Paper Free Essays

Nicholas Benyola Professor Mansourian Econ 201- 25 17 May 2012 Microeconomics Research Paper Minimum Wage In the United States, minimum wage has remained at a low number for several years. Minimum wage is defined as the lowest possible income that an employer can legally pay an employee. This ensures that all people are fairly paid and not defrauded by companies or businesses. We will write a custom essay sample on Microeconomics Research Paper or any similar topic only for you Order Now Minimum wage is considered a price floor and the minimum wage laws determine the lowest price possible that any employer must pay for labor. In an economic model, the quantity of supplied is greater than the quantity demanded and the minimum wage is above equilibrium price and quantity. Minimum wage prevents labor supplied and labor demanded from moving toward equilibrium price and quantity. Although the government is trying to maintain a good balance of income distribution, there are is a high amount of people that work year round and still fall under the national poverty level. The government tries to stop the rich from getting richer, and the poor from getting poorer, so they make sure that everyone is earning the same amount of money. Even if our balanced income distribution is at a good number, an increase of the minimum wage price would help our country in a lot of ways. Raising the current minimum wage is one way to reduce poverty, will help businesses grow, and could help a lot of communities as well. The first advantage of increasing the minimum wage is that it will help poor people to earn a higher income. For many workers, minimum wage is simply not enough money for them to be able to support their families. A higher minimum wage would guarantee a higher quality of life for the people who work in basic jobs such as cleaning and preparing fast food. These workers’ economic situations are usually a result of their lack of education and training, and it is often difficult for them to get more education or training because of their economic situation. For many working Americans, an increase in the minimum wage will make the difference between living in poverty and not. An increase has the potential to help the standard of living for the poorest of people. This is a true statement, but opposition says that this only drives up the standard of living and inflation rate in the world. Inflation is defined as the overall general upward price movement of goods and services in an economy. Although some people who earn the minimum wage are teenagers, almost two-thirds are adults. The average minimum wage worker brings home about half of his family’s earnings. Increasing the minimum wage will help these workers to make up for lost ground due to inflation and it will help make work pay. Though inflation is one of the main problems in our economy and even though inflation and minimum wage are directly related, increasing minimum wage will give opportunity for a lot of lower class families to make enough to afford important things, such as insurance. If someone takes a trip to the doctor, with no insurance, they will most likely have to pay around eight- hundred dollars out of pocket. This would take anyone at least three months on minimum wage with two incomes to pay off these medical bills. Barak Obama’s plan to institute a health care plan for everyone will relieve a huge burden on people and also allow them to stay above the poverty line. Heidi Shierholz, an economist at the Economic Policy Institute says, â€Å"Jacking the federal minimum wage from $7. 25 to $8. 25 would give a raise to 10 million workers, including many currently earning their state minimum wage† (Shierholz). This research supports that a minimum wage increase would help millions of people who work not only at the minimum wage but below it and just above it as well. While an increase of a few thousand dollars per year would rarely lift a person or a family out of poverty, it could ease the struggle to pay for groceries, child care or rent, and it adds meaning and dignity to labor. A higher minimum wage is not enough, but it is very essential for the working poor. Minimum wage was created to keep businesses from taking advantage of their employees. Most of the workforce making minimum wage is young adults because companies feel that they can take advantage of them. Of the total affected workers, women suffer the most which is evidence that companies still have gender discrimination in the workplace. Companies are not only paying people small amounts of money but are also treating the women of America unfairly. If discrimination ended in the workplace then businesses would grow because they would have a more diverse workplace. Employees who are earned a higher wage would take their job more seriously. They would call in sick less often and would be more productive on the days they are at work. An employee working for a lower wage may spend a great deal of time job hunting, looking for a position that pays more but if employees are already earning a higher wage, they would not have to be searching for a higher paying job. This would reduce employee turnover for companies. John Montgomery, economic analyst for ABC states that, â€Å"From the business perspective, wages come in as one of the most expensive running costs, and have to be paid whether you are taking money that day or not. However, if there were no minimum wage, there is no doubt that many unscrupulous businesses would exploit staff wherever they could† (Montgomery). Of these adult workers, over half work full time and another third work between twenty and thirty hours per week. This statistic shows that a big majority of adults on minimum wage are working at least twenty hours a week. So, if minimum wage increases, it could be a huge benefit because it could add a ten increase to a final salary and this would affect millions of people in our workforce in a positive way. For most small companies there is a major upside to a minimum wage increase because it can stimulate the economy. Usually when people make more money, sometimes they make lifestyle changes and they buy more which generates more revenue in the economy. Raising the minimum wage would be beneficial not only to business but to communities as well. Many poor families rely upon economic aid from social services to survive and these organizations not only cost the community tax payer but they also take away from services provided by local businesses. With an increased minimum wage, low wage workers would be less reliant on social services and more willing to spend their money in the local economy. Over time people would be making more money and then would be able to afford more things in their community. The lower class is dependent upon dollar stores because their low income does not support flexible spending. This creates unequal revenue to producers, so an increase of minimum wage would help communities as a whole because more business would have the chance to grow. Kai Filion, Policy Analyst at the Economic Policy Institute, notes that â€Å"A recent study by economists at the Federal Reserve Bank of Chicago examined 23 years of household spending data and found that an increase in the minimum wage lead households with a minimum wage to significantly increase their spending. † This research supports that even a slight increase of minimum wage would increase spending throughout communities which would be beneficial for the entire country because it would increase the local tax base. Many government programs that try to help people with low income place a tax burden directly on others. Raising taxes is not a necessary step in establishing a higher minimum wage because government should not be taxing companies, but asking them to pay more to their employees. An increase in payment to employees would increase business expenses which would help companies pay less in taxes. Therefore, an increased minimum wage has potential to aid in the growth of communities around the world. For Americans, we must support an increase of minimum wage to further promote a healthy economy and a decrease in poverty. Minimum wage is one program that promotes active participation in the labor market and if the amount of citizens on welfare is going to decline, they should be offered more jobs that can pay a livable wage. If minimum wage workers were paid a living wage, they would spend it in the local economy which would turn in to a powerful economic stimulus and the government would save money on a lot of expenses. Raising the current minimum wage is one way to reduce poverty, will help businesses grow, and could help many suffering communities throughout the nation. This step toward economic equality may be essential for workers of all classes to have opportunity for a better standard of living. Works Cited * â€Å"Minimum Wage Increase Would Help Sluggish Economy, Say Experts. † The Huffington Post. TheHuffingtonPost. com, 07 June 2011. Web. 16 May 2012. http://www. huffingtonpost. com/2011/06/07/minimum-wage-increase-help-economy-experts_n_872617. html. * â€Å"Http://www. abc. net. au/news/2012-05-16/unions-push-to-increase-state-min How to cite Microeconomics Research Paper, Essays