An Architect As A Future Career - 800 Words

I am most interested in being an Architect as a future career. An Architect plan and design houses, factories and any other structures. This kind of matches my career workstyles because my number one work style was investigative and this somewhat matches it because I guess this job could involve some of that because all the new stuff you learn from it but it s more of a creative job, which was my second highest one. It’s more of a creative job because you re building things and drawing and you need to be very creative to do that (which I am) and you need to be creative because this job requires a lot of thinking. When you build the models you need to think about all kinds of things like is it safe, is it built right and many more questions you will need to constantly ask yourself. I want to be an Architect because I always wanted to design my own house. I wanted to be an Architect for a while now. I have always liked building and designing things and just being able to see the finished process, so this is why I want to be an Architect. An Architect helps designs houses for people or for a business. He does this by using a computer program, doing it on paper or making a 3D model of the house. I would enjoy this job because I like to draw and use a computer and I like to help build things. This relates to my work behavior style because I will be getting paid good and I don t have designated hours to work on it, I would just need to have it done before a certain time. TheShow MoreRelatedOccupational Research Report: A Career as an Architect Essays1012 Words   |  5 PagesThis Occupational Research Report is based on the career information obtained on the occupation of architecture. if focuses on the potential career of being an architect, the steps leading to obtaining a position and training, as well as the future growth and outlook of this occupation. According to Lee W. Waldrep (2010), author of the book Becoming an Architect: A Guide to Careers in Design, an architect is an imaginative person who designs a wide spectrum of structures for buildings (WaldrepRead MoreI Want to Become an Architect633 Words   |  3 Pagesarchitecture, and what it takes to become an architect. I am naturally drawn to this career because it requires lots of creativity and an eye for design. Being an architect also allows you to interact with people, which is important to me because I am a social person. It also is a steady job and brings in a good salary. Through research, I have learned what exactly architects do before starting projects, and while working on projects. A usual day for an architect usually consists in two settings: the officeRead MoreStatement of Purpose for a Career as an Architect or a Personal Trainer1115 Words   |  5 PagesWhen debating career paths one must weigh several aspects to ensure future happiness and desired ambitions. Three main components that will ultimately be my decisive factors in the matter are as follows. The education required to enable a job opportunity is the career paths most essential element. Along with the necessary schooling, one must possess or build the skills needed to complete the choice careers responsibilities. Although money may seem greedy and narrow-minded I want to be positive;Read MoreArchitecture There are many talented architects in the world and some that made the most1000 Words   |  4 PagesArchitecture There are many talented architects in the world and some that made the most magnificent structures. The Eiffel Tower is a structure that is built in France by the famous architect Stephen Sauvestre (interior design and drafting careers). Vespasian and Titus created one of the most interesting structures in the world the roman coliseum, this structure was built in 70 AD (interior design and drafting careers). Architects have done a lot in our world with building even if it’s from a houseRead MoreA Brief Note On The Architect Of Canada813 Words   |  4 PagesHow to Become an Architect in Canada A career in architecture can pave the way for a rewarding future in the design of homes, buildings, and other structures. Architects use computer aided design (CAD) software to create the blueprints for residential and commercial structures. Some create plans that builders will use as templates for new construction throughout your city or province, while others create unique, one-of-a-kind buildings. Once you learn how to become an architect in Canada, you canRead MoreWhat Type Of Career Is It Preparing You For?1219 Words   |  5 PagesThe first question that I was presented was, â€Å"What type of career is it preparing you for?† That is really a hard question to answer properly. I have had many ideas of different careers that I have wanted to be in. Each career option I have thought about don’t really coincide with each other that much. When I was younger I thought of being a Paleontologist. Thanks to my reading of Jurassic Park and having the movie. I was only seven at the time but that is what I want to do. Later on I wanted toRead MoreEssay On Architecture Is A Lot More Than Bluepri nts1008 Words   |  5 Pagesgreener and more sustainable architecture, are just a couple of issues architects face today. To stay relevant in the architectural industry, it is advantageous to be well informed of new technologies and up and coming software. One of the major impacts of technology in the architectural field is that can be challenging for established architects. More specifically, I think that these new designs software programs obligate the architect to spend more time learning and developing technical abilities inRead MoreEssay about Architecture Career bound1739 Words   |  7 PagesCareer Bound I have always been interested in fixing things and trying to make things look better; even as a kid helping my dad in construction projects was so fun. It was my father who passed the trade down to me and the ease to try to work around certain problems. I might not always have made the proper choices within the field but found myself very interested in the work. Yes, I probably did not want to get out of bed to work in carpentry or painting some days but I really enjoy restoring, bringingRead MoreFrank Lloyd Wright s Life, Career, Influences And Impact On The Way We See American Architecture1500 Words   |  6 Pagesand most influential architect and arguably the greatest architect of the 20th century from anywhere in the world. Wright is known and respected throughout the world for his innovative and modern designs. As an architect Wright developed an organic and what became known as a distinctively American style throughout his work. Many believe that Frank Lloyd Wright changed th e way we build and and live in the modern world. This essay will examine and evaluate Wrights life, career, influences and impactRead MoreMarine Engineers and Military Workers Essay1067 Words   |  5 PagesIn this essay I will describe to you why I decided for my career to be a Marine Engineer and also any Marine Employee. I will help you understand why, by going through the topics of education, the history, duties, job requirements, advancement through the career, and any benefits that come with it. The 1st thing that I am going to talk about is the education requirements. For you to become a Marine Engineer or Naval Architect you must have at least a Bachelor’s Degree and there is also no on

Daystar by Rita Dove Essay - 1120 Words

Rita Doves poem Daystar talks about a woman who is both a wife and a mother and who is exhausted by her daily tasks. This poem takes place at a time of rest for the mother while the children take a nap. Doves use of meter and tone concentrates on illuminating the beauty and the importance of everyday events in normal lives. Rita Doves use of tone in this poem as well as the diction of words creates a unique feeling of sympathy for her poems character. When you think of the title `Daystar you consider a performer, such as an actress. This definition of star would surely bind in well with the idea of her double roles in which she must perform daily roles, as a mother and a wife. Every poem has its own tone for the readers to†¦show more content†¦Doves meter used in this poem is spondee. In her poem she uses two stressed notes together. This makes up the diction which in its own way helps the author plan on how to make the readers empathize with the mother in the poem. The diction of the poem is the way the author puts the words together to forma phrase. This provides more of an understanding to the mothers emotions, as well as the audience reading the poem. Rita Doves diction of the poem helps maintain the idea of the theme. The title of the poem really ties in with the poem itself. A good example of this is in the poem is when the mother decides to set up her `palace of relaxation. `She lugged a chair behind the garage (line 4). Here the audience senses the amount of exhaustion and strain on the mothers body. After the mother decides `to have a little room for thinking (line 1). She contemplates a way to find a calm place to relax while she stops her daily chores. Another example use of words would be ideas she used to escape from the over bearing world she was in to a calm and peaceful world she needed. `Sometimes there were things to watch - the pinched armor of a vanished cricket, a floating maple leaf. Other days she stared until she was as sured when she closed her eyes shed see her own vivid blood (lines 6-11). Here Doves use of the word `vivid gives the audience an idea of how badly she needed thisShow MoreRelatedDaystar Rita Dove Summary1019 Words   |  5 Pagesas well. Rita Dove poem, Daystar, illustrates just that. A woman who feels trapped because of her role as a mother and wife. â€Å"Daystar† comes from a book of poems written by Dove entitled Thomas and Beulah, which tells both the real and unreal stories of dove’s maternal grandparents (Bartleby). Within the poem, Daystar, imagery, setting, and language work together to bring forth to the readers the individual need for reflection the speaker is longing for. In Dove’s â€Å"Daystar†, the speakerRead More Analysis of Daystar by Rita Dove Essay1896 Words   |  8 PagesWhile reading the poem â€Å"Daystar,† written by Rita Dove, its readers most likely do not ask thought-provoking questions like â€Å"Why did Dove write this?† or â€Å"What is the true meaning behind this poem?† but the poem has deeper meaning than what its outside layer portrays. Dove, an African American woman born in 1952, has not only viewed the racism of the United States society, but she has also seen how gender can or cannot play a role in the advancement of a person’s life (Rita Dove: The Poetry Foundation)Read MoreThe Story Of An Hour By Kate Chopin And Daystar By Rita Dove872 Words   |  4 PagesIn the poem the story of an hour by Kate Chopin and Daystar by Rita dove the both attempt overcome their obsession by finding an outlet. Involved toned to warming I m trying to find something to do or something to watch to comfort them. Both woman wanted freedom. Freedom to be themselves. This theme can apply to many women of there time.Woman did not really have much power or say in anything that went on. Women where really the ones that stayed at home. They took care of the family and tendRead MoreEssay on Analysis of Rita Dove’s, â€Å"Daystar†914 Words   |  4 PagesC Stevens 07/09/2010 Professor Kierath English 102.212 Analysis of Rita Dove’s, â€Å"Daystar† â€Å"Daystar† by Rita Dove is an expressive poem, which centers on the main character, a young mother and wife, who internally struggles with her burdensome, daily duties, which creates a lack of freedom in her world.    Dove’s choice of words lets the reader empathize with her confined life.   In this poem, irony exists for the mere fact that from birth to adulthood the female population is brought up toRead MoreGender Roles of Women in Twentieth Century Literature Expressed751 Words   |  4 Pages The poem â€Å"Daystar† by Rita Dove is about a woman who is a busy mother that is tired of the burdensome duties of motherhood because it makes her feel confined to her situation in life. Alternatively, the poem â€Å"Barbie Doll† by Marge Piercy is a satirical poem that is about a girl who is intelligent and physically capable, but the characteristic that society places value on is her physical appearance. The poems â€Å"Daystar† and â€Å"Bar bie Doll† are both representative of the gender roles and expectationsRead MoreEssay about Poems: Mother and Daughter689 Words   |  3 PagesMotherhood What is motherhood? Being caring and having patience are the main two components that make a good mother. In the poems â€Å"Daystar by Rita Dove and â€Å"To a Daughter Leaving Home† by Linda Pastan both of the mothers are going through different stages of motherhood. In both poems we see the similarities that both poems have and we also see the differences. Dove and Pastan show us an early stage of mother and a late stage of motherhood. Although they are different stages of motherhood, they areRead MoreEssay A Mothers Displeasure with Her Life in Rita Doves Daystar812 Words   |  4 PagesIn Rita Dove’s â€Å"Daystar,† Dove describes an unnamed mother’s repetitive and exhausting daily routine to reflect the unsatisfying role that women play in society. The woman in the poem fulfills her duties as a mother by performing her chores and watching after her children, but at the end of the day, feels empty. Going through the same motions and actions day af ter day are not enough to fulfill the woman’s wants or needs anymore and she finds herself dreaming of a place other than the one she currentlyRead MoreWomen And The Ladies By Linda Pastan968 Words   |  4 Pagesyou want to split the work. However, the work spent is the women doing the hard task such as feeding and cleaning the children. While the husband takes the kids out to the fair or someplace fun just to give the wife a break. From the poem â€Å"Daystar† by Rita Dove we see a mother who is tired of taking care of her children and needs a break â€Å"She had an hour, at best, before Liza appeared / pouting from the top of the stairs† (12-13). Moms do not get to have sick days or paid vacations sometimes momsRead MoreAnalysis Of The Poem Daystar And Enemy Of The People And Proof Are All Literature Pieces Essay987 Words   |  4 Pagesâ€Å"abnormal† establishes social prejudices such as exclusions. Daystar, Speed of Dark, Frankenstein, Enemy of the People and Proof are all literature pieces that share a common theme of the impact mainstream society has on individuals. The theme of society’s perception towards mothers, disabilities, physical appearances and mental stability is portrayed through individual characters that struggled to live in a mainstream society. Daystar by Rita Dove emphasizes gender roles and the expectations society hasRead MoreAnalysis Of The Poem Daystar And Enemy Of The People And Proof Are All Literature Pieces986 Words   |  4 Pagesâ€Å"abnormal† establishes social prejudices such as exclusions. Daystar, Speed of Dark, Frankenstein, Enemy of the People and Proof are all literature pieces that share a common theme of the impact mainstream society has on individuals. The theme of society’s perception towards mothers, disabilities, physical appearances and mental stability is portrayed through individual characters that struggled to live in a mainstream society. Daystar by Rita Dove emphasizes gender roles and the expectations society has

A Case study of Centre for Arts-Free-Samples-Myassignmenthelp.com

Questions: 1.As Erin White, what recommendations would you make that might result in achieving break even for the scheduled Halo performance? 2.As Erin White, what recommendations would you make to improve seat revenue for the following two theatrical performances? 3.As Debbie Slade, what role do you think theatrical performances should play in future programs? Explain. 4.What should Debbie Slade do? Answers: 1.Recommendations for Erin White in terms of achieving break even for scheduled Halo performance The adjective scheduled in the question reflects the awareness of Erin White in terms of making Halo a grand success. Arranging meetings is also apt in terms of assessing the appropriateness, effectiveness and feasibility of the undertaken decisions. For achieving break even, one of the prime responsibilities of Erin White would be to stabilize the financial parameter. Budget for the related activities of the program reflects the oriental approach of the Edin in terms of organizing Halo in a systematic manner[1]. Allocating the amount estimated to the events helps the personnel including Erin to make plans regarding the available resources and the additional resources if needed. Low-ticket sales seem inappropriate in terms of catering to the entertainment needs of the customers. Herein lays the need for indulging in partnership with the trade union members, which would prove beneficial in terms of handling the instances of inflation, fluctuation in the prices of the tickets and substitutes adopted by the contemporary brands for luring more and more number of customers. This partnership would result in the introduction of lucrative offers, schemes and discounts, which can be given along with the products purchased for a certain amount[2]. As a matter of specification, break even is the conjunction of cost expenses and revenue. Therefore, for the achievement of break even, Erin White and the finance managers need to keep a track of the cash flowing from the internal environment to the external ones. Negligence towards keeping this track would compel the company to fall prey to unwanted illegal scandals. Here, the personnel need to expose a systematic approach. For this, at the initial stage, Edin White needs to indulge in meeting with the employees for enhancing their clarity on the achievement of break even[3]. After this, the employees need to be guided on the efficient and effective ways by which the break even can be achieved. Herein lays the appropriateness of trainings, which would enhance the preconceived expertise, skills and knowledge of the employees. Within this, if Erin White instructs the employees to take into consideration the aspects of demand and supply, it would yield positive results. Graphical proje ction of the demand and supply would make Erin aware of the progresses they are making towards satisfying the identified goals and objectives. In business terminology, break even is termed as the situation where there is neither profit nor loss. However, this is not possible in case of the company or the organization, as they have to earn profit for securing their market position within the competitive ambience. In case of centre of Arts, generating more revenue would add maximum value to the profit margin[4]. Revenue can be generated by selling the tickets through innovative ways to the customers. For this, Erin White needs to execute consistent evaluation of the exposed performance. 2.Recommendations for improvement of seat revenue for theatrical performance The draft of the sales upto October 27, 2003 reflects the sale of very less seats. This issue achieves broader version in the projection of breakdown regarding the sales. Before the theatrical performance, sale of fewer seats is inappropriate in terms of Halo being a grand success. High price of the seats might be an issue for the audience from the middle class regarding exercising their affordability power. Along with this, reservation of the lucrative seats for the guests adversely affects some audience, who wish to enjoy the shows very closely[5]. Countering this, reserving the front row seats for the chief guests is an inevitable fact, which has been occurring since the initiation of stage shows. In order to solve the issue of seats, Erin along with his team members need to expose rational thinking. Planning needs to be done regarding offering the seats to the audience in a lucrative manner. For this, the means of survey and feedback can be adopted. Target needs to be identified at the initial stage. The responses of survey would make Erin acquainted with the preferences of the audiences regarding the seats. Providing the audiences with the choice regarding the seats would make the audiences feel that the company envisions their wellbeing[6]. If the seats are sold to the audiences as a coupon for shopping for a certain amount, it would act as a sponsorship for the supermarket personnel along with the business expansion of centre of Arts. However, there are restrictions in the coupons regarding the head count. One ticket would count one person. However, there are persons making the payment for their whole family or friends. Therefore, the person in charge of selling the tickets needs to be cautious for averting any kind of wrong means for bagging the seats[7]. Negligence of the ticket giver might lead to audiences to apply illegal methods for watching the shows. Checking of the tickets is crucial in terms of preventing the outsiders from getting access to watching the shows. This checking can be done once the audiences have taken their seats. This checking needs to be done also for ensuring that the audiences do not possess any kind of inflammables, sharp weapons, which might cause harm to the other audiences. Consciousness of Erin and his team members in this regards would ensure the safety of the audience. For this, posting qualified security personnel would be beneficial for the company. Countering this, ensuring the security and safety of audience would not be enough. Ensuring the safety of the artists is also crucial[8]. Therefore, the personnel need to balance the requirements regarding the areas, which they need to cover on a priority basis. Herein lays the appropriateness of developing strategies for exposing systematic approach towards the business activities. 3.Recommendations for Debbie Slade in terms of the role of theatrical performance in future Debbie Slade is the managing director of the centre of Arts. Therefore, he needs to be extra cautious in terms of upgrading the standards and quality of the theatrical performance. As a matter of specification, financial parameter needs to be constantly evaluated. Maintenance of consistency in this evaluation would bring to the forefront the major drawbacks in the performance. Narrowing the search, for popularizing theatre, Debbie needs to put on thinking hat for coming up with something innovative[9]. Advertising can be one of the effective ways to transmit the glory of theatre to the audience. However, this also needs the inclusion of rational thinking for reaching to the specific tastes and preferences of the audience. This rationality includes publication of the advertisements in a legal manner. For this, Data Protection Act (1998) can be applied in terms of maintaining the privacy and the confidentiality of the preferences provided by the audiences. Along with this, in the advertising process, Debbie needs to inculcate within his team members the importance of protecting the individual sentiments of the customers. Herein lays the importance of training, which enhances the bondage between the managers and the employees. This enhancement would leads to the exposure of collaborative output for the achievement of successful completion of all the tasks[10]. Debbie needs to adopt the means of social media. This adoption would seem fruitful in terms of expanding the supply chain network. Uploading the achievements of the theatre artists along with the pictures of the colorful decorated stage and the shows would attract large number of customers. If magazines are published regarding the achievements the centre of Arts have achieved, it would take the audiences to the ancient times projected through the theatre dramas. Along with this, if the customers are asked to make donations, the treasury of the centre would be enhanced. This enrichment would enable Debbie and his team members to entertain the audience with quality shows, which possess flexibility to cater to the entertainment needs. Debbie can utilize the donations made by the customers for organizing events for extending a helping hand to the persons suffering from serious long terms diseases. For this, Debbie needs to make plans regarding hiring celebrities and sponsorships[11]. In this, Debbie needs to ensure that the financial treasury is fully enriched. This enrichment would result in the introduction of lucrative schemes, offers and discounts for the audience. Countering this, prior to this introduction, Debbie needs to indulge in second round meetings with his team members regarding the consideration of the demand and supply considerations of the customers. This consideration would make the personnel aware of the needs, demands and requirements of the audience. 4.Appropriate actions for Debbie Slade At the initial stage, Debbie needs to conduct evaluation of the undertaken steps. As a matter of specification, Debbie can undertake TOWS analysis for reviewing the ways and means through which the business operations are being carried out. Identification of the major threats, at the first instance, would be one of the primary responsibilities of Debbie in terms of mitigating the risks associated with ensuring the longevity of theatre[12]. In this mitigation process, Debbie would become familiar with the potential opportunities, which can be availed for broadening the scope and arena of the theatre. Speculation of the opportunities would bring to Debbies knowledge the weakness, which is obstructing the productivity of centre of Arts through the theatrical shows. Taking into consideration the threats, Along with this, Debbie can take the help of Gibbs reflective cycle. This theoretical concept would generate self-observational skills within Debbie. This reflective cycle is crucial for Debbie in terms of assessing the undertaken steps[13]. Conscious approach needs to be exposed by Debbie in terms of taking theatre to every corners of the world. Viewing it from the other perspective, the reflective cycle would act as an agent for Debbie in terms of assessing his position in within the organization. Apart from this, Debbie can indulge in meetings and conferences with as many partners as possible. This would act additional assistance for the organization in times of crisis. Herein lays the importance of risk management exercise, which would assist Debbie to analyze the potential risks and produce quality shows for the audience. Taking the assistance of the checklists and templates would prove fruitful in terms of enhancing the clarity of the personnel regarding the risk mitigation[14]. Strategic vision and approach in this direction would yield positive results, making a widespread presence for theatre as a whole. References Alford, Madeleine. "The Business of Show Business." (2015). Bennett, Roger, Finola Kerrigan, and Daragh O'Reilly, eds.New horizons in arts, heritage, nonprofit and social marketing. Routledge, 2013. Boudreau, Alexander. "Community Arts PromotionInnovating the Arts Through Design." (2016). Cacovean, Claudia Maria, and Doriana Dumitrela Morar. "Theatres as Nonprofit Organisations-an Important Framework for Cultural Marketers."The Proceedings of the International Conference" Marketing-from Information to Decision". Babes Bolyai University, 2014. Kitchen, Philip J., et al. "Brickbats and bouquets for marketing."European Journal of Marketing50.11 (2016): 1906-1923. McDonald, Rnn. "Global Beckett."The Oxford Handbook of Modern Irish Theatre. 2016. Nabi, Nazia. "Marketing of Fine Arts: A Study on Fine Arts of Bangladesh."Marketing4.1 (2014). OMalley, Lisa, Maria Lichrou, and Maurice Patterson. "Academy of Marketing conference 2015the magic of marketing." (2016): 807-810. Rogers, Tony, and Rob Davidson.Marketing destinations and venues for conferences, conventions and business events. Vol. 14. Routledge, 2015. Roy, Pierre. "6. When disruption is driven by established firms: the case of French multiplex theatres."International Perspectives on Business Innovation and Disruption in the Creative Industries: Film, Video and Photography(2014): 88. Smit, Willem, and C. W. Chan. "Movie, Money, Marketing: Branding 3 Peas in a Pod.(2015). Case Collection." (2015). Tahal, Radek, and Vclav Strtesk. "Target Audience of Live Opera Transmissions to Cinema Theatres from the Marketing Point of View."Central European Business Review5.1 (2016): 29. Waugh, Sara Elizabeth.Strengthening Audience Engagement for Institutional Theatres: Increasing Accessibility Through Social Media. California State University, Long Beach, 2015. Yu, Yinan, and Hailiang Chen. "Measuring Social Media Success: The Case of Facebook Marketing in the Motion Picture Industry."PACIS. 2015. Rogers, Tony, and Rob Davidson.Marketing destinations and venues for conferences, conventions and business events. Vol. 14. Routledge, 2015. Smit, Willem, and C. W. Chan. "Movie, Money, Marketing: Branding 3 Peas in a Pod.(2015). Case Collection." (2015). Kitchen, Philip J., et al. "Brickbats and bouquets for marketing."European Journal of Marketing50.11 (2016): 1906-1923. Yu, Yinan, and Hailiang Chen. "Measuring Social Media Success: The Case of Facebook Marketing in the Motion Picture Industry."PACIS. 2015. Tahal, Radek, and Vclav Strtesk. "Target Audience of Live Opera Transmissions to Cinema Theatres from the Marketing Point of View."Central European Business Review5.1 (2016): 29. Roy, Pierre. "6. When disruption is driven by established firms: the case of French multiplex theatres."International Perspectives on Business Innovation and Disruption in the Creative Industries: Film, Video and Photography(2014): 88. Nabi, Nazia. "Marketing of Fine Arts: A Study on Fine Arts of Bangladesh."Marketing4.1 (2014). Boudreau, Alexander. "Community Arts PromotionInnovating the Arts Through Design." (2016) Bennett, Roger, Finola Kerrigan, and Daragh O'Reilly, eds.New horizons in arts, heritage, nonprofit and social marketing. Routledge, 2013. Alford, Madeleine. "The Business of Show Business." (2015). Cacovean, Claudia Maria, and Doriana Dumitrela Morar. "Theatres as Nonprofit Organisations-an Important Framework for Cultural Marketers."The Proceedings of the International Conference" Marketing-from Information to Decision". Babes Bolyai University, 2014. McDonald, Rnn. "Global Beckett."The Oxford Handbook of Modern Irish Theatre. 2016. Waugh, Sara Elizabeth.Strengthening Audience Engagement for Institutional Theatres: Increasing Accessibility Through Social Media. California State University, Long Beach, 2015. OMalley, Lisa, Maria Lichrou, and Maurice Patterson. "Academy of Marketing conference 2015the magic of marketing." (2016): 807-810.

Sample final exam b Essay Example

Sample final exam b Essay For credit, you must show work on written questions. For example you must show calculations and not just the answer. Keep your eyes on your own exam. Academic honesty is expected. Relax and Good Luck! Formulas: Federal Funds Rate Target = Inflation Rate + Equilibrium Real Fed Fund Rate 1/2(inflation gap) + 1/2(output gap) Page 1 of 9 Multiple Choice Questions (60 points total, 2 points per question) 1) The Depository Institutions Deregulation and Monetary Control Act of 1980 A) established higher reserve requirements for nonmember than for member banks. B) established higher reserve requirements for member than for nonmember banks. C) abolished reserve requirements. D) established uniform reserve requirements for all banks. 2) The case for Federal Reserve independence does not include the idea tm A) political pressure would impart an inflationary bias to monetary policy. Politically insulated Fed would be more concerned with long-run objectives and thus be a defender of a sound dollar and a stable price level. C) policy is always performed better by an elite group such as the Fed. D) a Federal Reserve under the control of Congress or the president might mall « the so-called political business cycle more pronounced. Members Of Congress are able to influence monetary policy, albeit indirectly, through their ability to A) withhold appropriations from the Boar of Governors. B) with hold appropriations from the Federal Open Market Committee. C) propose legislation that would force the Fed to submit budget requests to Congress, as must other government agencies. D) instruct the General Accounting Office to audit th e foreign exchange market functions of the Federal Reserve. 4) Excess reserves are equal to A) total reserves minus discount loans. B) vault cash plus deposits with Federal Reserve banks minus required reserves. We will write a custom essay sample on Sample final exam b specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sample final exam b specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sample final exam b specifically for you FOR ONLY $16.38 $13.9/page Hire Writer C) vault cash minus required reserves. D) deposits with the Fed minus vault cash plus required reserves. 5) Spoof that from a new checkable deposit, First National Bank holds eight million dollars on deposit with the Federal Reserve, one million dollars in required reserves, and faces a required reserve ratio of ten percent. Given this information, we can say First National Bank has vault cash. A) two B) eight C) nine D) ten million dollars in 6) When an individual sells a $100 bond to the Fed, she may either deposit the check she receives or cash it for currency. In both cases A) reserves increase. B) high-powered money Increases. C) reserves decrease. D) high-powered money decreases. Page 2 of 9 in market interest rates relative to the discount rate will cause discount borrowing to A) fall; increase B) rise; decrease C) rise; increase D) fall; remain unchanged 8) If the Fed injects reserves into the banking system and they are held as excess reserves, then the money supply A) increases by only the initial increase in reserves. B) increases by only one-half the initial increase in reserves. C) increases by a multiple of the initial increase in reserves. D) does not change. 9) If the required reserve ratio is one-third, currency in circulation is $300 lion, checkable deposits are $900 billion, and there is no excess reserve, then the monetary base is A) $300 billion. B) 5600 billion. C) $333 billion. D) $667 billion. 10) During the 2007-2009 financial crisis the currency ratio A) increased sharply. B) decreased sharply. C) increased slightly. D) decreased slightly. 1 1) Which of the following is NOT an argument for the Federal Reserve paying interest on excess reserve holdings? A) Paying interest reduces the effective tax on deposits. B) Paying interest will help in the implementation of monetary policy. C) Paying interest will help the Federal Reserve have more control of the amount f discount loans. D) Paying interest increases the capacity of the Feuds balance sheet which will make it easier to address financial crises. 12) In the market for reserves, when the federal funds interest rate is below the discount rate, the supply curve of reserves is A) vertical. B) horizontal. C) positively sloped. D) negatively sloped. 3) The interest rate charged on overnight loans of reserves between banks is the A) prime rate. B) discount rate. C) federal funds rate. D) Treasury bill rate. Page 3 of 9 14) If float is predicted to decrease because of unseasonably good weather, he manager of the trading desk at the Federal Reserve Bank of New York will likely conduct a A) defensive; sale open market B) defensive; purchase C) dynamic; sale D) dynamic; purchase 1 5) The dis count rate is kept of securities. The federal funds rate because the F-De prefers that A) below; banks borrow reserves from each other. B) below; banks borrow reserves from the Fed. C) above; banks borrow reserves from each other. D) above; banks borrow reserves from the Fed. 1 6) From before the financial crisis began in September Of 2007 to when the crisis was over at the end of 2009, the huge expansion in the Feuds balance whet and the monetary base did not result in a large increase in monetary supply because A) most of it just flowed into holdings of excess reserve. B) the Fed also increased the required reserve ratio C) the Fed also conducted open market sales. D) the discount loan decreased. 7) If the unemployment rate is higher than the natural rate of unemployment, based on the Phillips curve, A) inflation will be higher. B) inflation will be lower. C) inflation expectations will be higher. D) inflation expectations will be lower. 18) One of the problems with higher inflation is A) higher economic growth. B) difficulty predicting relative price movements. C) larger decreases in inflation expectations. D) sma ller movements in equilibrium real interest rates. 19) Which set of goals can, at times, conflict in the short run? A) High employment and economic growth. ) Interest rate stability and financial market stability. C) High employment and price level stability. D) Exchange rate stability and financial market stability. 20) The decision by inflation targets to choose inflation targets reflects the concern Of monetary policymakers that particularly gem inflation can have substantial negative effects on real economic activity. A) below; high B) below; low C) above; high D) above; low Page 4 of 9 21) The problems of raising the level of the inflation target include A) if the zero-lower-bound problem is rare, then the benefits of a higher inflation target are not very large. B) the costs of higher inflation in terms of the distortions it produces in the economy are high. C) it is more difficult to stabilize the inflation rate at a higher targeting level. D) all of the above. 22) Which of the following is a potential operating instrument for the central bank? A) The monetary base B) The MI money supply C) Nominal GAP D) The discount rate 3) According to the Taylor principle, when the inflation rate rises, the nominal interest rate should be Increase. A) increased; more B) increased; less C) decreased; more D) decreased; less by than the inflation rate 24) The monetary transmission mechanism that links monetary policy to GO through real interest rates and investment spending is called the A) traditional interest-rate channel. B) Dobbins q theory. C) wealth effects. D) cash flow channel. 25) If monetary policy can influence prices and conditions in markets, then it can affect spending through channels other than the traditional interest-rate channel. A) asset; labor B) asset; credit C) commodity; labor D) commodity; credit 26) During the Great Depression, Dobbins q A) rose dramatically, as did real interest rates. B) fell to unprecedented low levels. C) stayed fairly constant, in contrast to most other economic measures. D) rose only slightly, in spite of Hovers attempts to prop it up. Page 5 of 9 27) Because of the presence of asymmetric information problems in credit markets, an expansionary monetary policy causes a which the adverse selection problem, thereby in net worth, increased lending to finance investment spending. A) decline; increases; encouraging B) rise; increases; discouraging C) rise; reduces; encouraging D) decline; reduces; discouraging 28) An expansionary monetary policy raises firms cash flows by interest rates. A) lowering real B) lowering nominal C) raising real D) raising nominal 29) The Federal Reserve has been preemptive because of the changing view that monetary policy has to be A) more; forward B) more; backward C) less; forward D) less; backward looking. 0) Large fluctuations in money supply growth and smaller fluctuations in the federal funds rate between October 1 982 and the early sass indicate that the Fed had shifted to 8) embowered reserves C) excess reserves D) required reserves Page 6 of 9 as an operating target. A) borrowed reserves Written Questions (60 points total, 20 points per question) Written Queerest #1 (20 points total) Suppose the following T-accounts represent The Central Bank and The Regular Bank (billions of dollars). The central Bank T-Account Assets Liabilities Government $BIBB Currency $BIBB Securities in Circulation Reserves $BIBB The Regular Bank T-Account $1 BOB Checking $BIBB Deposits Government Loans Equity Capital $BIBB a) Suppose the reserve requirement is 10%, calculate the money multiplier. B) Suppose The Regular Bank decided to no longer hold excess reserves. Draw new Discounts showing one possible initial change from this. Calculate the money multi pliers. C) If The Central Bank decides to rent a helicopter and drop $508 in newly printed money on the population, what would happen to the money supply ultimately based on part a)? What would happen based on part b)? Page 7 of 9 Written Question #2 (20 points total) F-or each part, Start by supposing the Federal Reserve current has a discount rate of 6% and the equilibrium federal funds rate is 5%, and the Fed pays 5% on excess reserves. Also, assume that there are currently SOB borrowed reserves. Sing a supply and demand diagram show the effects of an open market purchase and briefly explain the effect on the federal funds rate, non- borrowed reserves, and borrowed reserves (up/down/stay the same).