Critical Thinking Questions Essay Example | Topics and Well Written Essays - 500 words

Critical Thinking Questions - Essay Example These principles include dialectical critique, risk, reflexive critique, collaborative resources, theory and plural structure. An exemplary example is the action research process that has been initiated in the Caribbean Windward Islands. This was after the Caribbean government realized that the process involved several organizations and numerous business groups. Therefore, an action research approach was recommended as the best alternative in this situation. There are several categories of evaluation studies that can be employed in a program. These six categories of evaluation studies include objectives-oriented, management-oriented, consumer-oriented, expertise-oriented, adversary-oriented and naturalistic and participant-oriented evaluations (Fitzpatrick, Sanders, & Worthen, 2004). These evaluation approaches are quite critical in certain programs. An objective can be defined as the declaration of a result that is to be accomplished (Fitzpatrick, Sanders, & Worthen, 2004). Objectives can be broken down into several precise declarations that determine the activities or means that attribute to the success of a program. Research asserts that the objective-oriented evaluation approach is the best methodology that can be employed in a writing center. This approach has a positive significant impact on the writing of students. In fact, this approach mainly focuses on the outcomes of the program. This approach is also accepted globally, and it is also easy to use, hence; it enables objectives to be set. However, the approach majorly overlooks some unintended outcomes. Management-oriented evaluation is normally geared to serve the decision makers. In addition, the success of the program is mainly based on the teamwork between the decision makers and the evaluators. This clearly asserts that the decision maker is the individual on which the evaluation is directed. This approach is useful in program management. It has been employed in educational

1-7 Topics Essay Example | Topics and Well Written Essays - 1000 words

1-7 Topics - Essay Example Transaction demand for money. This is a situation where people hold money to purchase goods and services. This is the most common form of money demand as each and every individual in the world demand money to pay for services and goods for consumption. Demand for money exhibits a negative relationship with the nominal interest rates. As the interest rates increases decrease, the demand for money increases. When the nominal interest rate decreases, the result is less attractive bonds (Langdana, 34). If a person gets a lower interest rate on the investment, he is more likely to trade those investments in for hard cash. Rising real incomes and increasing numbers of people employed will increase the demand for money at each interest rate. The transaction demand for money is positively related to inflation and income. An increase in a person’s income rises or as the prices increases, he will hold more money that will enable him carry out his daily transactions. Monetary policy- in controlling the inflation in the economy, I would recommend that the central bank lowers the lending rates, normally to a target of around 2-3%. Monetarists emphasized on keeping the growth rate of money steadily and using monetary policy inflation. They opted for slowing the rise in the money stock, and increasing interest rates. The next recommendation is to adjust the real wage. Increase in inflation makes get pay rise to offset inflation. However their real wage remain constant and hence the purchasing power is not lost as long as the nominal wage rise keep up and wages does not fall. Monetary policy is the process by which the Central Bank of a country controls money supply that targets the interest rates for the purpose of enhancing economic stability and growth. Tools of monetary policy include: Reserve requirements- this is the case where the monetary authority applies regulatory control over banks.