Sample Five Paragraph Descriptive Essay - Why You Should Use One

Sample Five Paragraph Descriptive Essay - Why You Should Use OneA sample five paragraph descriptive essay is a very effective way to convey the meaning of your written piece to someone else. This kind of essay has many benefits which include the length of time it will take you to finish writing the piece, the simplicity of using it and the fact that it is very quick to create as well. In this article we will discuss some advantages and disadvantages of using a sample essay in the writing process.Writing a quick method helps us write faster, but it also means we have to come up with a great deal of material in a short amount of time. In most cases this kind of essay will be better to use because it is short and easy to read. And in addition, it is easy to understand as well. On the other hand, if your intent is to generate interest in someone else it is a long and drawn out work.These are just two of the many your own advantages and disadvantages of this format. As mentioned before th ere are also disadvantages. The biggest disadvantage of using a sample is that it is more of a 'call to action' than it is the actual content.Often writers who get stuck on the more difficult process of completing their work, will resort to this or other quick methods. A good example of this is when someone is frustrated with a project they are working on. A sample is the perfect solution for this because it provides all the needed information and it is simple to read.When it comes to the actual content, this kind of essay often gets mixed up with others and never really gets read. If you intend to use this in an academic paper, you will likely find it is more appropriate to use a separate style paper with your actual content.Another disadvantage to using a sample is the page count. While it may look like it is short it can become so long that you will not be able to absorb everything you need to know without the need to read everything over again.Those are the disadvantages of usin g a sample. In order to use it effectively, you will want to use a style, content and sentence essay which will not only make your essay shorter, but will provide you with a better chance of reading it correctly.

The Business Cycle

Introduction Although it is difficult to define the business cycle in one statement, it has one defining characteristic. Belongia (1992, pp. 43), describes the business cycle as ‘characterized by a decline and contraction and a subsequent rise and expansion of aggregate economic activity.’ Economic activity is measured by total employment, output, real income and real expenditures (Belongia Garfinkel, 1992).Advertising We will write a custom essay sample on The Business Cycle specifically for you for only $16.05 $11/page Learn More Although the economic cycle is not a steady phenomenon, it tends to exhibit a steady pattern. First, there is an expansion/incline of above-average growth, followed by a peak, then a contraction/decline of below average growth and finally a trough/low point. This is illustrated by figure 1 in the appendix which illustrates the dynamic state of the economic cycle. Characteristics of the Business Cycle As aforement ioned, the main characteristic of the business cycle is the incline and decline of economic growth. The cycle is affected by total employment, output, real income and real expenditures. Although defined as a cycle, drastic changes in economic situations are unpredictable and they never pursue a perfunctory pattern. Primarily, the growth of an economy is measured using real GDP. According to economists, Gross Domestic Product is the measure of value of all goods and services produced within a nation in a given time (Mankiw, 2009). The business cycle basically represents an incline or decline of real GDP. When there is an incline/expansion along the business cycle, it means there is positive growth of real GDP. On the other hand, during a decline in the business cycle, there is a contraction in a country’s real GDP. Inflation can be defined in general terms as the rise of prices of goods within an economy. When prices of products increase, it indicates that one unit of currency purchases less. In addition, inflation also drives up the cost of production in the country. When cost of production goes up, productivity and nominal GDP go down. If the inflation rate continues to rise over an extended period, real GDP declines. This will be represented in the business cycle by a decline or a trough. Unemployment is defined as a scenario where people who have vigorously searched for jobs for a period exceeding a month are still devoid of a job (International Labor Organization, 2011). The major effect of unemployment is the fact that unemployed individuals have a lesser purchasing power due to decreased/depleted earnings which contributes to inflation. As a result unemployment ends up causing a decline in real GDP (Fleser Dobre-Baron, 2010). Unemployment also reduces a country’s productivity, leading to a further decline in the country’s real GDP.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Analysis: Australia and the United States Real GDP Over the last decade, the economies of Australia and the United States have undergone upsurge and decline due to different factors. In the last decade, Australia’s real GDP rate has been fluctuating at levels of between 1.2 to 4.8%, growth from 2000 to 2006 was in decline but the situation improved in 2007 before anther decline followed. The fluctuating growth in GDP has been contributed by growth in business activities in the country from activities in the mining industry that has keeps changing due to world economic outlook. While the United States has also experienced fluctuating GDP growth rates in the last decade, although its growth has seen more steady periods between the years 2002 to 2008. The growth periods in the US were contributed by good commodity prices and cheaper imports but this changed from 2008 when the US experienced economic meltdown contributed by increased debts and sub-prime mortgage problems. The global economic meltdown of 2008 hit both economies hard, but they have both bounced back. This is shown by figures 4 and 5 in the appendix. Inflation Australia shows a general rise in inflation while the inflation rate in the United States has been relatively stable over the last ten years. Both countries, however, show a significant dip in inflation during the economic meltdown of 2008. Commodity prices plummeted as demand went down for commodities around the globe. Inflation rates in Australia over the last decade have been fluctuating but in between 2002 and 2006, the rates steadied at around 2.8% and 3.8%. On the other hand, the United States inflation rates have steadied at levels of around 2 to 4% with the year 2008 registering the highest inflation of 4%. This is shown by figures 4 and 5 in the appendix. Unemployment Rates Over the last decade the unemployment rates in Australia have been on the downward trend from a high of 6.5% to a low of 4.2% in 2008. This could be attributed to growth in business especially in the fields of agriculture and mining. However since 2008, the unemployment rate has been on the increase due to effects of the economic meltdown of 2008 (Fleser, 2008). On the other hand, the United States has witnessed growth in unemployment rate from a low of 4% in 2000 to the current levels of around 11%. The weak dollar and bad economic environment has seen the collapse of many industries in the United States contributing to high unemployment levels (Data 360, 2011). This is shown by figures 6 and 7 in the appendix.Advertising We will write a custom essay sample on The Business Cycle specifically for you for only $16.05 $11/page Learn More References Belongia, M.T. Garfinkel, M.R., 1992. The business cycle: theories and evidence : proceedings of the Sixteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis. Norwell, MA: Kluwer Academic Publishe rs. Data 360, 2011. GDP-Real (Adjusted) United States. [Online] Available at: HYPERLINK â€Å"http://www.data360.org/dataset.aspx?Data_Set_Id=354† http://www.data360.org/dataset.aspx?Data_Set_Id=354 . Fleser, A. Dobre-Baron, O., 2010. Economic and Social Implications of Unemployment and Opportunities of Diminishing it. Tome VIII, 3(11), pp.72-77. IndexMundi, 2011. Australia GDP. [Online] Available at: HYPERLINK â€Å"http://www.indexmundi.com/g/g.aspx?c=asv=66† http://www.indexmundi.com/g/g.aspx?c=asv=66 . International Labor Organization, 2011. ILO SAYS GLOBAL FINANCIAL CRISIS TO INCREASE UNEMPLOYMENT BY 20 MILLION. [Online] Available at: HYPERLINK â€Å"http://www.ilocarib.org.tt/index.php?option=com_contentview=articleid=1213:ilo-says-global-financial-cirsis-to-increase-unemployment-by-20-millioncatid=205:2008-newsItemid=1318† http://www.ilocarib.org.tt/index.php?option=com_contentview=articleid=1213:ilo-says-global-financial-cirsis-to-increase-unemployment- by-20-millioncatid=205:2008-newsItemid=1318 . Mankiw, G., 2009. Measurement of Gross Domestic Product. In J. Sabatino, ed. Principles of Economics. 6th ed. Mason, OH: South-Western Cengage Learning. p.494. QuickMBA, 2010. The Business Cycle. [Online] Available at: HYPERLINK â€Å"http://www.quickmba.com/econ/macro/business-cycle/† http://www.quickmba.com/econ/macro/business-cycle/ .Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This essay on The Business Cycle was written and submitted by user Albert Cleary to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.