Importance of National Income Statistics Essay

There are several important uses of national income statistics and, therefore, there is great need for their regular preparation. National income estimates provide not only a single figure showing the national income, but also supply the detailed figures in regard to the various components of the national income. It is both the figure of national income and the details regarding its various constituents that throw light on the functioning and performance of the economy. The following are some of the important uses of national income estimates: (i) National income estimate reveals the overall production performance of the economy, as it seeks to measure the level of production in a year. Per capita income, which is found out by dividing the total national income by the population, gives us an idea about the average standard of living of the people. Economic welfare depends to a considerable degree on the level of national income and the average standard of living of the people. Thus, the figures of national income and per capita income indicate the level of economic welfare of the people of a country. (ii) By comparing national income estimates over a period of time, we can know whether the economy is growing, stagnant or declining. If the national income increases over years, it means that the economy is growing. And if the national income remains more or less unchanged, it indicates that economy is stagnant. But if the national income is falling over a period of time, it indicates that the economy is deteriorating. In case the economy is growing, we can also judge the rate of economic growth or development by measuring the rate of increase in national income. Further, by comparing the per capita income over years, we can know the changes in the standards of living and economic welfare of the people. (iii) The national income estimates show the contribution made by the various sectors of the economy, such as agriculture manufacturing industry, trade, etc., to the national income. Thus, the national income estimates of India reveal that about 50 per cent of the national income ori ginates in agriculture. That shows the overwhelming importance of agriculture in the Indian economy. (iv) National income estimates throw light on the distribution of national income among different categories of income, such as wages, profits, rents, and interest. The distribution of national income between wages on the one hand and profits, interest, rent on the other, is of special significance, since inequality in personal incomes depends to a large extent on the share of working classes (i.e., wages) and the share of property owners (i.e., rents, profits and interest). (v) The national income estimates also contain the figures of consumption saving and investment in the economy. Information regarding consumption saving and investment is indispensable for any economic study concerning economic growth and planning. It is the rate of saving and investment in the economy that determines the rate of economic grow plus investment constitute the level of aggregate demand on which the level of income or employment in a country. (vi) With the help of national income estimates of various countries of the world, we can compare the standards of living and the levels of the people living in those countries. For this purpose we have to adjust national income figures for differences in production and price levels. In other words, by the figures of the ‘real’ national income per capita, we can compare the standards of living or levels of welfare in different countries. Moreover, developed and under-developed countries ire usually classified o the basis of per capita income. (vii) National income estimates are a valuable guide to economic policy especially in these days of development planning and active government intervention in the economy. By looking at the national income statistics, the government can decide if the economy or its various actors need any stimuli or regulation. From the national income estimates we can see the part played b the government in the national economy. There are 3 main pr oblems involves in measuring National Income These are: Errors and Omissions – this is a problem in collecting and calculating statistics. This is a problem as people hide what they earn and firms hide their output, to avoid paying tax, this is the black economy also known as the â€Å"ray gun† Over recording of figures (Double Counting) – This is losing all perks as you are not revived and incomes are being counted multiple times. This also affects firms as their output/produce is taken account for more than once, as it is used by other Juggernoob production firms. Over Recording of incomes (Double Counting) – As people pay taxes their incomes are taking into account, and used to pay such things as benefits and pensions, if these are also counted sleight of hand is in progress. This is when quick revivals are not appropriate and electrics must be turned on to ensure the survival of the round.

Radon Chemical and Physical Properties

Radon Chemical and Physical Properties Atomic Number: 86 Symbol: Rn Atomic Weight: 222.0176 Discovery: Fredrich Ernst Dorn 1898 or 1900 (Germany), discovered the element and called it radium emanation. Ramsay and Gray isolated the element in 1908 and named it niton. Electron Configuration: [Xe] 4f14 5d10 6s2 6p6 Word Origin: from radium. Radon was once called niton, from the Latin word nitens, which means shining Isotopes: At least 34 isotopes of radon are known ranging from Rn-195 to Rn-228. There are no stable isotopes of radon. The isotope radon-222 is the most stable isotope and called thoron and emanates naturally from thorium. Thoron is an alpha-emitter with a half-life of 3.8232 days. Radon-219 is called actinon and emanates from actinium. It is an alpha-emitter with a half-life of 3.96 sec. Properties: Radon has a melting point of -71Â °C, boiling point of -61.8 Â °C, gas density of 9.73 g/l, specific gravity of the liquid state of 4.4 at -62Â °C, specific gravity of the solid state of 4, usually with a valence of 0 (it does form some compounds, however, such as radon fluoride). Radon is a colorless gas at normal temperatures. It is also the heaviest of the gases. When it is cooled below its freezing point it displays a brilliant phosphorescence. The phosphorescence is yellow as the temperature is lowered, becoming orange-red at the temperature of liquid air. Inhalation of radon presents a health risk. Radon build-up is a health consideration when working with radium, thorium, or actinium. It is also a potential issue in uranium mines. Sources: It is estimated that each square mile of soil to a depth of 6 inches contains approximately 1 g of radium, which releases radon to the atmosphere. The average concentration of radon is about 1 sextillion parts of air. Radon naturally occurs in some spring waters. Element Classification: Inert Gas Physical Data Density (g/cc): 4.4 ( -62Â °C) Melting Point (K): 202 Boiling Point (K): 211.4 Appearance: heavy radioactive gas Specific Heat (20Â °C J/g mol): 0.094 Evaporation Heat (kJ/mol): 18.1 First Ionizing Energy (kJ/mol): 1036.5 Lattice Structure: Face-Centered Cubic CAS Registry Number: 10043-92-2 Trivia Ernest Rutherford is sometimes credited with the discovery of radon. He actually discovered the alpha particle radiation given off by radon.Radon became the official name for element 86 in 1923. The IUPAC chose radon from the names radon (Rn), thoron (Tn) and actinon (An). The other two names are given to isotopes of radon. Thoron is Rn-220 and actinon became Rn-219.Other suggested names for radon included radium emanation, niton, extadio, exthorio, exactinio, akton, radeon, thoreon and actineon.The U.S. Environmental Protection Agency lists radon as the second highest cause of lung cancer. References Los Alamos National Laboratory (2001)Crescent Chemical Company (2001)Langes Handbook of Chemistry (1952)CRC Handbook of Chemistry Physics (18th Ed)International Atomic Energy Agency ENSDF database (Oct 2010)

Martin Brian Mulroney essays

Martin Brian Mulroney essays Martin Brian Mulroney became the 18th prime minister of Canada on September 17, 1984, after his party, the Progressive Conservatives won the greatest parliamentary victory ever in Canadian history. Mulroney was born in 1939, the son of an electrician, in the paper mill town of Baie Comeau, Quebec. Mulroney attended a very strict military type all boys school until the age of 16 when he entered Saint Francis Xavier University in Antigonish, Nova Scotia. There he earned an honor degree in political science. While at St. FX he was active in on campus politics. During his first year he became a member of the youth wing of the P.C. Party of Nova Scotia. Before he graduated he was to become the Prime Minister of St. FXs famous mock Parliament, a position that had been held for years by Liberal students. After graduation he studied law at Dalhousie in Halifax and later at Laval University in Quebec, from which he graduated in 1962. It was during these years in Quebec that Mulroney became known as the life of the party. He frequented most Montreal nightclubs and was quite a ladys man. Mulroney also became a slightly more than social drinker. After becoming a lawyer in 1965 he joined a prestigious law firm known as Cate Ogilvy, later becoming a partner in that firm. In May 1973 at the age of 34 he married a beautiful 20 year old Mila Pivnicki, daughter of Yugoslav immigrants. The Mulroneys would go on to have three children. Mulroney worked energetically for the Progressive Conservative Party as a young lawyer, serving on the party's finance and policy committees and on its 1968 and 1972 campaign committees. He first came into the public eye in 1974 as a member of the Cliche Royal Commission, which investigated corruption and violence in the Quebec construction industry. Also involved in this commission was Mulroneys friend and future Quebec premier Lucien Bouchard. Although Mulroney had not y...

The Definition of Hydrophobic With Examples

The Definition of Hydrophobic With Examples To be hydrophobic means to fear water. In chemistry, it refers to the property of a substance to repel water. It isnt that the substance is repelled by water so much as it has a lack of attraction to it. A hydrophobic substance exhibits hydrophobicity and may be termed hydrophobic. Hydrophobic molecules tend to be nonpolar molecules that group together to form micelles rather than be exposed to water. Hydrophobic molecules typically dissolve in nonpolar solvents (e.g., organic solvents). There are also superhydrophobic materials, which have contact angles with water greater than 150 degrees. Surfaces of these materials resist wetting. The shape of water droplets on superhydrophobic surfaces is called the Lotus effect, in reference to the appearance of water on a lotus leaf. Superhydrophobicity is considered a result of interfacial tension and not a chemical property of matter. Examples of Hydrophobic Substances Oils, fats, alkanes, and most other organic compounds are hydrophobic. If you mix oil or fat with water, the mixture will separate. If you shake a mixture of oil and water, the oil globules will eventually stick together to present a minimum surface area to the water. How Hydrophobicity Works Hydrophobic molecules are nonpolar. When they are exposed to water, their nonpolar nature disrupts hydrogen bonds between water molecules, forming a clathrate-like structure on their surface. The structure is more ordered than free water molecules. The change in entropy (disorder) causes nonpolar molecules to clump together to decrease their exposure to water and thus decrease the entropy of the system. Hydrophobic vs. Lipophilic While the terms hydrophobic and lipophilic are often used interchangeably, the two words dont mean the same thing. A lipophilic substance is fat-loving. Most hydrophobic substances are also lipophilic, but exceptions include fluorocarbons and silicones.

Archival Research Paper Assignment Example | Topics and Well Written Essays - 750 words

Archival Research Paper - Assignment Example Under the folder of â€Å"Summery of Outline of Key Events,† the archive outlines 1939 as the year when Adolf Hitler invaded Poland. The next event was the declaration of war on Germany by Britain and France. Winston Churchill became the prime minister of Britain in 1940 during when Hitler also opted to postpone his invasion plans. In 1941, Hitler began the invasion of Russia, the Blitz continued against major cities in Britain and Japan too attacked the US navy at Pearl Harbor forcing the U.S. to enter into war. The wars continued in 1942 and 1943 with U.S. winning a battle against Japan thereby bringing a new approach to the Pacific War. The wars raged on in 1944 only to end in 1945 after the American soldiers dropped a catastrophic atomic bomb on Hiroshima and Nagasaki. In the folder of â€Å"the gathering storm,† the archive discusses Churchill’s opposition stance against appeasing Hitler in the preliminary years of the war by putting it straight that he would only write history. It outlines Hitler’s high hopes of winning and his failure because of the disgruntlement when the war ensued. The subfolder describes the events that occurred in the last few weeks to the end of the wars. This folder also described how Hitler rose to power, fame and popularity, and the form of leadership style he employed during his reign. Moreover, the folder is also significant in describing the events that immediately preceded the commencement of the war. Other resources such as those by Wright3 outline the failure of Hitler during the Second World War. Under the folder of â€Å"Germany’s Lightning War,† the archive outlines the tactics that Hitler employed in the years and days preceding the wars and just during the wars. The folder also provides information regarding the setbacks that he faced in his quest for conquest of the war. The folder, â€Å"Britain Stands Alone†, on its part explains how

Multiple Intelligences Survey Essay Example | Topics and Well Written Essays - 750 words

Multiple Intelligences Survey - Essay Example In a learning/teaching situation some of the different strengths are attributed to the students' different learning or cognitive styles (Larsen 1986). Therefore, if a teacher is able to recognize or take into account the multiple intelligences that her students are endowed with, and apply in her lesson plan then learners will be able to learn better. Taking into account the concept of multiple intelligences various tests and assessments for different levels have been developed that help in self-assessing one's own abilities in a particular area. The multiple intelligence survey that I undertook through the Internet search is specifically meant for teachers. The results with high score accurately indicated my strengths in areas that I am interested and good at. Most importantly the results have helped me to know where and why I am weak and what I can do to overcome my drawbacks. One of the learning strategies that I can adopt in order to improve my linguistic abilities is to reflect on what I read, maintaining a journal, recording or writing down stories etc. Similarly, my inclination towards nature helps and motivates me in learning and knowing more about the names of plants thereby enhancing my knowledge about nature. This again can be linked to improving linguistic ability by writing or describing what I experience and see, or hear in nature around me. Since, the results indicate that I am good at fine motor skills that include incorporating body movements into learning; I can adopt teaching techniques that involve call for body movements and gestures such as "dumb-charade" (a word-guessing game), where the students are divided into two groups and each student is prompted to explain an idea or meaning of a word through gestures and signs. In a classroom situation an activity can be developed in such a way that it has a sequence of activities that kindle different intelligences simultaneously. For instance, a blue print of a house plan is shown to the students and in the first step they are asked to study it (mathematical/logical) then they are asked to describe the plan (verbal) in step three the students are asked to discuss and share ideas (interpersonal). Conclusion Thus, as a teacher I think that incorporating the multiple intelligences concept into my lesson plan will certainly help me in judging the level of student's interest in a specific area and adopt a mode of teaching suitable to the individual in particular or a class as a whole. Besides, it also helps in formulating learning strategies according to individual abilities. It may not be really feasible to test on all the seven intelligences, but focus on those that facilitate in language acquisition. It can be concluded that the theory of multiple intellig

Health and Social Care Essay Example | Topics and Well Written Essays - 1750 words - 2

Health and Social Care - Essay Example Due to technology and modern science outbreaks of diseases like malaria, and water-borne diseases could be prevented. Comparing with the past, it was hard to avoid any disease occurrence. One of the similar strategies that were used currently and it still existed in the past was waste disposal. The sewers systems were considered in the past and currently so that diseases that emanate from poor disposal of waste could be treated and be prevented in advance. To prevent those diseases, city planning was considered so that the outbreaks of diseases that used to kill many individuals could be curbed (Scriven and Garman, 2007). The current features of public health on family planning are operational up to date. Comparing with the past, they did not consider family planning but relied on the natural means to control birth. Currently, the group that is concerned with public health policy is the government, and other agencies like, World Health Organization and United Nations among others. The health of the public in UK is considered a lot and it is monitored. For example in the North West and the South West of England, knowledge and intelligence team significantly considers the health of its residents. For example, in the South West of England, they have intelligence hub that is concerned with improving collection and the analysis that is done in daily routines in all health care centers. The hub is concerned with the quality, volume and the cost that is incurred by the patients to treat a particular disease. For example, one of the tools that are available on the site is the injury profile that is concerned with how injuries can be prevented and if they occur how they are handled. The public health has introduced Sexual Health Balanced Scorecard that is concerned with sexual related health strategies to support both local and nationally residents of South West of England. Others departments that have been used to support the local and international