Climate Change- Reality or Myth Assignment Example | Topics and Well Written Essays - 250 words - 1

Climate Change- Reality or Myth - Assignment Example As a result, it moves to areas inhabited by man as it is seen roaming in roads, cities as well as in homes. The reason for choosing the polar bear is because it has shifted from the usual habitat. Moreover, the polar bear is known not to be friendly to a human being. However, in this case, circumstances have forced it to embrace human and to surround for survival. Hence, it delivers the message of the video that one has to change the way of movement due to unavoidable circumstances. The Nissan Company has managed to reach their target audience. This has been possible by showing how polar bear has shifted due to unavoidable circumstances. There are various reasons for confusion in the media and among the masses on the issue of climate change and linkage to man. First, the media is likely to be manipulated by those that are against man linked to climate change. For example, some corporate that are responsible for increased greenhouse gases may influence the media and distort information concerning climate change. Secondly, the masses may not have basic facts relating to climate change and hence they may have little knowledge concerning climate

Economics of the EU Essay Example | Topics and Well Written Essays - 2000 words - 2

Economics of the EU - Essay Example Country specific shocks are similar to asymmetric shocks across the European Monetary Union. Their nature is influenced by the economic structures from this area. Varied economic structures increase the probability of the asymmetric shocks. The costs executed by asymmetrical shocks under European monetary union are dependent on the relationship between nominal and real inertia within European countries (Egger et al., 2011, p.115). Various economists have compared seemingly high nominal inertia in the United States labour markets with comparatively little European nominal wage rigidity. As a result, these economists have made conclusions that costs within Europe that cause nominal inertia are not that high. This argument, however, seems to assume nominal rigidity in price context, which may be practically important like inertia in wages. Also, provided nominal rigidity exists, the cost it enacts in restoring actual equilibrium is greatly dependent on its relationship with real inertia in the economy (Bond et al., 2001, p.340). The framework of modern government has improved as a result of the economic exclusion of currency area, which has become essential. This is especially through the imposition of inconvertibility and exchange controls. Given the practical need for stabilization strategies in existing economies, an area required a different currency. If provided with macroeconomic shock, the financial costs of adjustment would be higher compared to those of changing the exchange rates, through changes in price levels and or factor mobility (Houssa, 2008, p.320). For separate currency areas, the case is apparently held well unless the effect of the shock varies with regions, that is, asymmetric. Suppose the impacts on all were similar, then the exchange rate of modifications required for adjustment would also be e qual for all. In this case, separate currencies would be useless since they would have no purpose. Applying the theory of OCA, any two