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When individuals are unemployed they have less money to spend on goods and services and they are more inclined towards ensuring that their basic needs are met. Due to this they spend more on the basic necessities such as food and clothing and ignore spending money on luxurious products and services such as cars. Another subject that the chapter focuses on is the fiscal and monetary policies that government may use to encourage individuals to spend more. When the government implements an expansionary policy, it allows business to borrow more and due to these businesses invest more (Krugman 148). More investment leads to increase in demand for employees which in turn increases the wages paid to employees. Due to this increase, individuals tend to spend more and they even spend on luxurious items. But if the demand for goods and services continuously increases, suppliers will increase their prices on continuous basis and this would lead to increase in inflation rate and decrease in the number of goods and services that can be purchases by individuals in a particular economy (Krugman
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Cultural literacy can take the option of the critical literacy approaches. Because critical literacy tend to involves the analysis and critique of the relationships among texts, language, power, social groups and social practices. It shows us ways of looking at written, visual, spoken, multimedia and performance texts to question and challenge the attitudes, values and beliefs that lie beneath the surface.
I viewed these concepts in terms of my real world experience in education. My specific setting, which is different then the regular public school setting, offers a slightly unique perspective on the discussion.
I carefully reviewed how we attempt to make people
REFLECTIVE: This day offered me a unique opportunity to liaise between the organizational hierarchy and the customers by carrying and sending messages to and from the customers to the management. I was given a desk at the main reception of the company where I operated from.
Another point is that the application, use or interpretation of Psychoanalysis Theory and Cognitive Behavioral Theory does not change significantly from their original form when applied in family therapy. In extension, Psychoanalysis remains
This is to mean that a therapist can opt to use one strategy but should be ready to borrow concepts of other models. By so doing, the individual therapist will be integrating the models that should lead towards achievement of desired goals.