Macro Economics Assignment Example | Topics and Well Written Essays - 500 words - 2

Macro Economics - Assignment Example Jim Flaherty, the Finance Minister, asserted that the balanced budget was not negotiable. The IMF’s report also pointed out some of the probable storm clouds on the horizon including the cooling housing market, historic debt-to-income levels, along with increased risks in the United States and Europe that could affect the Canadian exports and interest rates. As cited by Jackson, the Harper government requires a sound fiscal thinking, and not balanced laws2. The report by the Washington-based agency further outlined that Canada requires a strategic plan for long-term growth including a fiscal policy that focuses on the reduction of government debt. The fiscal policy needs to have a positive impact on the Canadian economy. Direct and indirect taxation, budget balancing, and government spending can be utilized to counter-cyclically smooth out volatility of real national output. The graph below shows that anything that influences a change in government spending, consumption, or investments will shift the Investment Saving curve3. Therefore, an increase in national spending as well as increasing the demand for goods and services in similar rates pushes the IS curve to the right. The aggregate demand together with the gross domestic product of the nation is increased4. On the other hand, interest rates need to increase in order to equilibrate the liquidity preferences and loanable funds. This will cushion Canada from economic down turns. Jackson, Andrew. 28 January 2014. Canada needs sound fiscal thinking, not balanced budget laws. Accessed 22 October 2014 . The Canadian Press. 3 February 2014. IMF: Canadian economy to grow, slightly, by 2.2 per cent in 2014. Accessed 22

Concern Related to Embryonic Stem Cell Technology Research Paper

Concern Related to Embryonic Stem Cell Technology - Research Paper Example Introduction Embryonic stem cell technology is developing rapidly at present because of the huge developments in genetic engineering. Many of the genetic diseases and other chronic diseases can be treated effectively with the help of embryonic cells. Starr et al (2010) pointed out that â€Å"Stem cells are self-renewing in nature† (Starr et al., p.449). In other words, patients who are suffering from cell damages or malfunctioning of cells can be treated with the help of stem cells. Stem cells are usually classified into two broad categories; embryonic stem cells and adult stem cells. Even though adult stem cell related technologies are developing fewer controversies, embryonic stem cell related technologies are generating huge controversies. As the name indicates, embryonic stem cells are collected from embryos. It forms soon after fertilization whereas adult stem cells form during adulthood. It is evident that embryos which undergo stem cell collection may not survive. The l ogic of saving the life of a person by destroying the life of an embryo is often questioned by religious leaders and sociologists. In their opinion, there is no point in saving a life at the expense of another life. On the other hand supporters of embryonic stem cell technology are of the view that human life is more important than an embryo’s life. ... Embryonic stem cells have the ability to replicate indefinitely and it can help the formation of all adult cell types. It should be noted that adult stem cells do not possess such abilities. Under such circumstances, embryonic stem cells are extremely useful in the treatment of many of the genetic diseases and other chronic diseases which cause cell destruction. Starr et al pointed out that â€Å"embryonic stem cells could be used to provide new nerve cells† (Starr et al., p.449). Many of the adult population are currently suffering from nerve problems such as Parkinson disease, Alzheimer’s, epilepsy, dimenisia Amyotrophic lateral sclerosis, or ALS etc. All these diseases are extremely difficult to treat with ordinary medicines. No medicines are capable of regenerating cells. Stem cells are useful and perhaps the only option in the treatment of above diseases. For example, Amyotrophic lateral sclerosis or ALS is a disease which affects nerve cells in brain and spinal co rd. ALS prevents people from free moving because of the inability of muscles in receiving instructions from brain as a result of the damaged nerve cells. â€Å"Even though genetic defects were reported in some cases, the exact reasons for ALS are still unknown in majority of the cases†(Amyotrophic lateral sclerosis). Neurodegenerative diseases like Alzheimers' is caused by problems in cortical neurons whereas in dementia, Lewy bodies, or frontotemporal lobar degeneration is causing the disease. Parkinson disease is caused by dopaminergic neurons whereas upper and lower motor neurons cause amyotrophic lateral sclerosis (ALS) (Inou, p.2560). Choia et al (2010) mentioned that â€Å"As a rare and fatal