Saturday, April 25, 2020
Is Social Life More Important Than free essay sample
That does not mean that, social life is to important but equally important. Both need to be managed equally. Well, the difference is, academics take you far in life and it determines your success and quality in your future life. According to JEFF KELLY JANUARY 20, 201 3, in his Poorly Educated But Incredibly Successful People, he clearly listed the 10 great people who are successful in life in spite of less educated. All these 10 people proved that education is just a base for once knowledge but does not became a base for ones success in life. Also, Accordingly to Robert Sukiyaki, Posted on: Tuesday,April 09, 201 3, 50 Extremely Successful People Who Never Finished School, he stated that, school does not a make a person successful because it does not teach financial education. In fact of the successful people are successful in life without finishing his school. He supported his article by giving example of people who never finished their school but are successful in their life. We will write a custom essay sample on Is Social Life More Important Than or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Few of them are, George Washington, President of the Ignited States, Abraham Lincoln President of the United States, John Major, Prime Minister of England, Winston Churchill Prime Minister of England, Ray Crock Founder ofMcDonalds, John D. Rockefeller, Founder of Standard Oil and may more. There are many students who wrote their views in a blob stating that, education is important but social life is more important. Few of them stated that education is important and few stated that, social life is important. And some feel that, both are important. They also stated that, education is more important for a better and a secure future. At the same time, they would get insane, if they just keep studying all the time. It is true that, people who are just stuck up with education all the time would definitely get insane.Education is defiantly important, but that does not mean that, education alone is important. Social life for one self is more important, and education is only important for a better and a quality life. It is important to know that, personality of each individual takes form from family, education and social life. For example, a child learns as he grows, firstly he learns from his mother, then he tends to learn from his family, and then as he grows and is put in school, even before learning things from education and academics, he tends to learn things from other children. He tends to learn their habits. He learns what life is, from his friends. He faces different phases of life with different experiences that he comes across. He fails and get up and still strive to achieve the set goals in life. All these experiences are not thought in any educational system or any school or colleges. All these are learnt by social life alone. A explores new things, his innovation thinking starts from looking at others, his ideas comes from looking at different things around him where in, he is actually not learning these things from educational system. Of course education is very important or ideas to be put into practice and for reorganization and a quality life.But it is more important to know that even teachers in schools and colleges wants children to think out of the box, they want them to things differently than mentioned in the books. Everyone wants things to be put in differently and that is what makes a person special and different and is recognized as talented. Social life definitely is a healthy way of growing and we can learn from them although it is a different kind of learning. Whereas, academics can expand your enlightenment by making you see things in a different way. There are many reasons to say that Social life is more important.Every individual should have social life because that leads to personal growth of an individuals personality. If a person is highly educated and does not have a social life, he is actually called as a book worm and he might not know how to interact with people and how to actually jell up with people. That may actually affect him down the line irrespective of the good position he is placed in life. He cannot be a good manager if he does not know how to interact with people around him and how to get work done through them. Just educational knowledge would not teach an individual to manage people.But being social would teach how to interact and manage people and this in turn helps in growing the work in success terms. Also, a good social life, will lead to having a lifelong good connections with people which will actually pay off in unexpected and good ways. Even Bloom, who met his catering business partner at the University of California, reported the Chronicle of Higher Education in May 201 1 . A fraternity alumnus also helped Bloom land his first major job, as a construction manager, after graduation. Also, social life also leads to great release of stress. Connecting with other people is important for incoming students as they adjust to new living arrangements and relationships, according to the university of Illinois at Urbana-Campaigns counseling office. Also, not all learning experiences in ones life come from classroom experience or lecture hall. But it also comes from interacting with different people and sharing their common views. Social life improves in Social Circles, Exposure to Diversity, leads a person to have Self-confidence, builds up Relationships and networking and acts as a tress buster. According to Kaufman Domain, 08/18/2013, Education carries its own importance.He wrote in his article how education played a major role and what importance it carried out. He stated how he could achieve his goal to become a software engineer by working hard by studying. He stated that education is a knowledge gaining aspect. He ended his article saying that, education makes us capable of interpretation things among other things. He stated that, it is not just about lessons in text books but also about lessons in life. He feels that, education will lead an individual to have a quality fife and thus feels that he wish he could provide education for all the uneducated children. Education is important in its own ways.Education reflects of a good civilized human as civilization has progressed by innovation in education since periods. Also, education spreads awareness in society about how we can be a good social being and help others in our daily life. It helps in removing blanket of ignorance and help people in knowing them their fundamental rights. It also, help in imparting moral values which is missing in our youth and needs to be addressed carefully for creating a good society. Also, is important to earn money and to refine oneself, it need not be math or science or something u learn at schools it can be common etiquette or something from Internet.Academics are considered as the most important aspect in human life around the world. Even if people with great talent they do not have education, they are actually not respected in the society. Unless, a person having a strong will like few of the great people who had strong will to grow up in life irrespective of their uncompleted school life. We also see that, now a day, education system holds huge money and parents are in turn investing lot of money to educate their kids. This shows that, parents are keen about giving the best and quality life to their children.There are many of the reasons, why education has its own importance. Firstly, academics help a person to read, write and speak. This is very important to even build our social life. Without which, social life cannot be built. It helps to communicate properly. Helps in learning managerial skills which would help a person to grow his business of even work. It the main cause for raise in the employment opportunity. Mainly, it helps him to earn his bread at any place and anywhere. For the economic growth of the nation. To turn your dreams into reality. To overcome superstitions beliefs.Helps you understand the world that youre living in It is very important to know that, education and social life are the importance aspects of life and they actually lead a person to develop his personality. Each play its own importance and each are connected with each other for the best and quality life for an individual. Education helps a person to learn to read, write, learn and communicate. And this in turn helps to communicate with other people around the world and improves our social life. Education may or may not help a person to live life.But, social life is very important for an individual to live life. For example, beggar for the road, or a kid working in a shed, still make their living each day with no education. Only thing is, they do not have a quality life like all others. Whereas, an highly educated person with no proper social connections may fail to be successful in his business with improper good connection, which may actually lead him for a better success at work and growth of his business. Thus, I conclude that, both social life and academics carry their own importance.We need to learn to balance our both social and academic life accordingly. Every individual should know the importance of both social life and Educational life. So that, every child is given the opportunity to learn the book knowledge and also learn things from life experience through social life. One thing every individual should remember is, social life can be caught up any part of life and every individual without ones knowledge get into having social life. But, education is just one way path. Life gives us just one change to get educated in the right time and at the right age. Once we grow old, we tend to fall into different commitments of life and we fail to get educated further. That is the reason; every parent would make sure that they join their children in school at the age of 2 or 3. It would not be nice, for 10 year old kid to get back to class one and the fundamentals of education again. So, this has to be kept in mind that, life gives us just once chance to be educated at a certain time. And every individual should know its importance and act accordingly. References Kidnap, A. (201 3, July). Top 1 5 Reasons why Education is Extremely Important.
Wednesday, March 18, 2020
Good Governance Essays
Good Governance Essays Good Governance Essay Good Governance Essay Governance is defined here; as the dynamic interaction between people, structures, processes and traditions that support the exercise of legitimate authority in provision of sound leadership, direction, oversight, and control of an entity in order to ensure that its purpose is achieved, and that there is proper accounting for the conduct of its affairs, the use of its resources, and the results of its activities. Good governance is an indeterminate term used in development literature to describe how public institutions conduct public affairs and manage public resources in order to guarantee the realization of human rights. [1] Governance describes the process of decision-making and the process by which decisions are implemented (or not implemented). [1] The term governance can apply to corporate, international, national, local governance [1] or to the interactions between other sectors of society. In international affairs, analysis of good governance can look at any of the following relationships:[3] between governments and markets, between governments and citizens, between governments and the private or voluntary sector, between elected officials and appointed officials, between local institutions and urban and rural dwellers, between legislature and executive branches, and between nation states and institutions. The varying types of comparisons comprising the analysis of governance in scholastic and practical discussion can cause the meaning of good governance to vary greatly from practitioner to practitioner. [3] Reform and standards : Three institutions can be reformed to promote good governance: the state, the private sector and civil society. [6] However, amongst various cultures, the need and demand for reform can vary depending on the priorities of that countrys society. [7] A variety of country level initiatives and international movements put emphasis on various types of governance reform. Each movement for reform establishes criteria for what they consider good governance based on their own needs and agendas. The following are examples of good governance standards for prominent organizations in the international community. IMF The International Monetary Fund declared in 1996 that promoting good governance in all its aspects, including by ensuring the rule of law, improving the efficiency and accountability of the public sector, and tackling corruption, as essential elements of a framework within which economies can prosper. [8] The IMF feels that corruption within economies is caused by the ineffective governance of the economy, either too much regulation or too little regulation. [8] To receive loans from the IMF, countries must have certain good governance policies, as determined by the IMF, in place. 8] UN The United Nations emphasizes reform through human development and political institution reform. [9] According to the UN, good governance has eight characteristics. [1] Good governance is[1]: Consensus Oriented Participatory following the Rule of Law Effective and Efficient Accountable Transparent Responsive Equitable and Inclusive World Bank The World Bank is more concerned with the refor m of economic and social resource control. [9] In 1992, it underlined three aspects of society which they feel affect the nature of a countrys governance:[9] 1. ype of political regime; 2. process by which authority is exercised in the management of the economic and social resources, with a view to development; and 3. capacity of governments to formulate policies and have them effectively implemented. The concept of good governance has gained significant attention in the world and especially in Pakistan in the last decade. Since there are few theoretical studies on this issue in Pakistan, this paper analyzes the impact of some significant macroeconomic variables on good governance using time series data for empirical analysis. In this paper, democracy, economic openness, population size, peace years, unemployment, exchange rate, budget deficit, life expectancy and educational levels are considered the major macroeconomic determinants of good governance. We have employed the concept of stationarity to solve the by using Augmented Dickey Fuller (ADF) test. By conducting the time series regression analysis, we found that the stated variables are affecting the degree of good governance according to their levels. Good governance has gained significant attention in the world especially in the last decade. In recent years, good governance has attracted the attention of economists, political scientists, lawyers, politicians, national institutions, and institutions of World Bank and IMF. Since some empirical and theoretical controversies have been found on the concept and importance of good governance but it can be considered as a prerequisite for economic growth and development (Kaufmann and Kraay, 2002 and 2003). Governance can also be seen as the instrument of the effectiveness of a societyââ¬â¢s institutions. If the institutions are appropriate and effective, the outcome should be good governance (Duncan 2003). Governance is the instrument of political, economic and administrative authorities to manage a nations affairs. It is the diverse mechanisms, processes, relationships and institutions through which residents of country and groups communicative their benefits, exercise their rights and obligations and arbitrate their differences. In good governance countries, the working condition is generally more favourable for providing protection and guarantees for investors. Good governance is therefore a compartment of governance, wherein public capital and problems are managed effectively, efficiently and in response to vital needs of society. Effective elected forms of governance rely on public participation, accountability and transparency. There is an increasing amount of research on the factors that lead to good or bad governance in the world. Good governance creates a good environment for investment, including investment in people, and leads to higher income, reduces poverty, and provides better social indicators. According to UNDP, governance can be worked out as economic, political and administrative authorities to manage a countrys affairs at all levels. It joints the systems, processes and institutions, through which residents and groups articulate their interests, put into affect their legal rights, meet their obligations and mediate their differences. More modern studies have pointed out that face-to-face interactions, trust and partnership within voluntary associations enhance the capacity of people to work together. By helping residents to overcome combined action problems, trust and membership in voluntary associations are recognized as important factors in building the basis for responsive governance (Putnam 1993, 2000). World Bank has described the concept of good governance in various dimensions such as rule of law, government effectiveness, regulatory quality and control of corruption. These dimensions cover the whole society and economic sectors of the economies. As a matter of fact, this study will locate the variables that have more effect on these dimensions. Governance has engaged all concerns of society and economic operators for economic development but it is also considered as a fundamental element to be incorporated in the development strategy. Nonetheless, having its importance, differences also exist in respect of hypothetical formulations, policy prescriptions and conceptualization of the subject itself. Researchers have different ideology convictions due to which its formulation differs in different areas. Policy analysis stand empirically on the historical research of governance gives distinction to government failures to deliver, leading to propositions for downsizing or rightsizing, while policy prescriptions for good governance take an evolutionary observation of the matter questioning relevance of public sector management of certain activities in a changed context. Good governance is the term that symbolizes the paradigm shift of the role of governments. Unfortunately, this wide reaching and internationally imperative claim have not been sufficiently proved empirically in Pakistan. To fill this gap in the literature, this study aims to analyze the determinants of good governance in Pakistan. Thus, the hypothesis tested in this analysis is given as follows: ââ¬Å"how do higher levels of social and economic variables in Pakistan contribute to better governance. â⬠Since the major objective of this study is to analyze the factors that affect the good governance in Pakistan, the paper is organised as follows. Section II explores the conceptual and theoretical framework of good governance. Section III presents the brief literature review on good governance. Data and methodological issues are addressed in section IV. Section V presents the results of an econometric model and discussion. Conclusion and policy implications are given in the last section. II. Conceptual Framework of Good Governance From 1990s, the idea of good governance as an instrument for sustained development and poverty alleviation has gained widespread acknowledgment, especially among international organizations. Local concerns over what would later be labelled good governance had long been represent in all regions of the world. However, during the Cold War, much importance was not given to good governance but after it when structural adjustment programme was failed to overcome the economicproblems of many countries and objectives were not achieved then the need of good governance was realized to implement these policies. This problem was faced mostly in developing countries where policies were effectively prepared but not implemented properly due to bad governance. Good governance is also pointed out as one of the targets of the Millennium Development Goals (MDGs), an agenda for poverty alleviation and sustainable development. At the Sixth Session of the Committee on Development Policy (CDP), promise to good governance and how to improve the progress were one of the agenda. Governance has been defined as the organization of society by the people, or as the use of authority to manage a countrys affairs and assets. It has to be noted, however, that there has hardly been consented as to its foundation meanings, and as to how it could be implemented in practice. Less clarity in the meanings of the term governance becomes noticeable when its historical evolution is considered. The concept achieved distinction in donor discourse around 1990, after the end of the Cold War. The World Bank was the first donor institution to implement the concept of good governance as a condition for lending to developing countries. In the start, centre of attention was rather political and on the improvement in the quality of public sector institutions. By the mid-1990s, international donors thinking of good governance had extended to include the concept of transparency, accountability, and participation. This addition was due to financial crises started in the last of 1990s, and for improvement of governance and stability of international financial institutions. Good governance can be identified with the following features: i. Good governance is mutually supportive and cooperative relationships between government, society, and the private sector. The nature of relationships among these three characters, and the need to make stronger viable system to facilitate interactions,assume critical importance. ii. Good governance is defined as control of all, or some combination of, the following elements: contribution, transparency of decision-making, accountability, rule of law, predictability. iii. Good governance is normative in origin. The values that provide the foundation for governance are the values postulated by the defining characters and institutions. This last point needs special consideration and attention. If donor-conceptualized standard of good governance were insisted upon, it would imply an insistence that Western-derived standards of manner be adopted in non-Western cultural environment. Scholars have also raised the problem of possible contradictions and trade-offs among the elements, for instance, economic growth, labour conditions, civil liberties, and the protection of the environment. The standards of good governance applied on the national, global and corporate environments would serve the goals of poverty alleviation and sustainable development.
Sunday, March 1, 2020
Picking Nits, Not Nicks
Picking Nits, Not Nicks Picking Nits, Not Nicks Picking Nits, Not Nicks By Maeve Maddox Apparently some modern speakers are happily unacquainted with head lice. This lack of knowledge may explain the confusion illustrated by the following examples: If you want to lose a friend, all you have to do is to continue to nick pick and find fault with everything that they do or everything that they say. My husband and I nick pick at everything at each other. How can I stop this? Gamers are great at nickpicking while avoiding actual analysis. Not sure if Iââ¬â¢m only seeing negative stuff or Iââ¬â¢m just nickpicking. What should I do? I feel Teacher is nickpicking on my son. The verb forms for the actions being described in these examples are nitpick and nitpicking. To nitpick is to find fault with every little thing, no matter how inconsequential. The expression derives from the literal act of looking for nits, which are quite small. As a former volunteer school ââ¬Å"head checker,â⬠I know what it is to comb through a childââ¬â¢s hair, strand by strand, looking for nits. nit (noun): The egg of a louse or other insect parasitic on humans or animals; specifically, the egg of a head louse when attached to hair. From the mid-1600s until the late 1700s, ostentatious wigs were fashionable among the wealthy. One of the most memorable passages in the diary of Samuel Pepys (1633-1703) references the pitfalls of patronizing a wigmaker who failed to boil the merchandise before delivery: ââ¬Å"I did go to the Swan; and there sent for Jervas my old periwig-maker and he did bring me a periwig; but it was full ofà nits, so as I was troubled to see it (it being his old fault) and did send him to make it clean.â⬠Note: A periwig is a highly stylized wig still worn by British barristers and judges. (The adjective old is not a typo for own. This wasnââ¬â¢t the first time Jervas had sent Pepys an infested wig.) Itââ¬â¢s not necessary to hyphenate nitpick or nitpicking. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:Creative Writing 101Rules for Capitalization in TitlesHow Do You Determine Whether to Use Who or Whom?
Friday, February 14, 2020
Chemical engineering distillation column Essay Example | Topics and Well Written Essays - 500 words
Chemical engineering distillation column - Essay Example The required task is therefore to determine if the column has potential to efficiently distillate within economic operation costs. While a five-step procedure is recommended for testing the facility, time is scarce and not all the steps can be implemented. The steps are; calculation of the theoretical capabilities of the distillation column in the lab, preparation of an accurate vapor liquid equilibrium diagram of water and ethanol, accounting for the energy usage of the distillation process, accounting for the final products ethanol concentration, and analysis of the costs and benefits of obtaining higher yields against higher purities. The time scarcity however dictates that only two of the steps are adopted in order to determine the columnââ¬â¢s capacity. My team would choose to prepare an accurate vapor liquid equilibrium diagram for water and ethanol, and to account for the final productââ¬â¢s ethanol concentration. The vapor liquid equilibrium would be preferred because of its theoretical basis that can be used in an experiment to test the facilityââ¬â¢s efficiency and freedom from errors. This is because for any mixture of two fluids and across varying temperatures or pressures, there is an equation that determines corresponding mole ratios of mixture components in the vapor state given a temperature or pressure. A given volume of water and ethanol can then be used in the column and measurements taken at a given temperature and mole ratio determined. If the experimental values correspond to theoretical values, as determined by Raoultââ¬â¢s theory, then the column is approved to be operationally efficient. It is therefore an accurate measure of efficiency (Theodore, Ricci and Vanvliet, p. 233). Accounting for the final et hanol concentration is another efficient process for determining the operational efficiency of the distillation column. This is because of the
Saturday, February 1, 2020
The Legal Framework for Criminal Investigations and the Relationship Essay
The Legal Framework for Criminal Investigations and the Relationship with the Criminal Justice System - Essay Example This speaks itself about the importance of tough criminal investigation procedures. In order to collect reliable and secure evidence, the investigators must put in concrete efforts so that the person found guilty should be punished in accordance with law. Therefore, for a criminal prosecution to become successful, it is extremely important that the Crown Prosecution Services should provide solid and reliable evidence to the court of law to punish the culprits. ââ¬Å"In a number of countries where democratic set up exists and where rule of law succeed, the burden of proof lies on the shoulder of the prosecutionâ⬠(Conner et al 2008). The safeguards within the legal framework designed to protect people under criminal investigation Under the UK Law, those who are convicted by the lesser courts may file an appeal to higher court for the answer they are looking for. ââ¬Å"The hierarchy of the courts starts from the magistrates / youth courts to the Crown Court, from the Crown Court to the Court of Appeal. However, in some exceptional cases further appeal is allowed to the Supreme Court onlyâ⬠(Cate 2008). Appeals to Courts that are higher up in jurisdiction are restricted to the point of law. If the right of appeal is obsessive for a convicted defendant, then he or she has the option to pursue to the administrative body known as Criminal Cases Review Commission (CCRC). If there is malpractice found then this renders the conviction irrelevant and sums up to the miscarriage of justice. ââ¬Å"There are two sorts of ââ¬Ëwrongful convictions a) One where the defendant is convicted unfairly b) other where a lack of fair trial makes it difficult to determine whether the defendant is guilty or notâ⬠(Sanders and Young 2010). Conviction through unfair means is considered a miscarriage of justice that raises many suspicions. The CPS sometimes allows appeals against acquittal especially if there is an error found in the law. For example, a jury member can be rejected if they attempt to prosecute with certain kinds of evidence that the judge feels that the police lacked the required legal power to secure that evidence. In a few cases, when compelling evidences of guilt comes to surface, fresh cases against the earlier acquittals can be restarted. ââ¬Å"An element of criminal justice, which is not taken into account, is criminal defense; as per the law of the land, anyone arrested and taken into custody by the police officials is entitled to receive free legal aid from an adviser, usually a qualified legal practitionerâ⬠(Sanders and Young 2010). Great Britain is known to set aside funds for free legal representation to its people in the ordinary courts and the Crown Court. The wealthy classes of people usually do not take the benefit of legal representation and normally pay their legal fees from their own resources. ââ¬Å"The numbers of litigants have two options a) present themselves or b) engage a solicitor to plead the cases of the poor. This is done by the government which hires the services of solicitors for them at the governmentââ¬â¢s expensesâ⬠(Sanders and Young 2010). The operation of safeguards within the legal frameworkà Section 47 enquiries aim at to minimize the destruction on the personality of a child and to ensure that the families are treated in a respectable way by the agencies. The Children Social Care organizations should appraise the guardians responsible for the security of
Friday, January 24, 2020
interior with a book :: essays research papers
The painting I chose to critique is Interior with a Book. This painting was instantly appealing to me. The painting focuses on an empty chair in a room next to a table. On top of the table there is a cup closest to the chair. Next to that there is an open book, and on the right edge of the painting there is an empty plate on the table. If you look out the window, you will see a big green field. The reason this painting was so appealing to was because this field looks like a golf course to me. I can see a sand trap on the left edge of the painting close to the house the picture is taken from. Also, there is what appears to be a winding path coming down the center of the field which could be a cart path leading to a green. Ã Ã Ã Ã Ã The painting appears to be done in oils which would be a good choice for this painting. Painting with oils allows the painter to blend colors together and adds a lot of depth to the picture. This is imperative for many of the objects in this pai nting such as the field and the sky. Interior with a Book looks to be a representational painting but one could argue that there are some parts that are nonobjective or abstract. A person can see most of the images in the painting and they are forms in the natural world, thus making it a representational painting. However, there are two black spots that appear to be outside the window that I cannot make out exactly what they are, therefore maybe making this part nonobjective. On the other hand, with this picture looking so much like a golf course to me these two black spots could represent distorted golfers getting ready to chip in a ball, making this part abstract. One of the properties of this painting is that the field is made up of an analogous harmony. The field is made up of green, yellow-green, and yellow. The effect of this is that the field appears to have different shades of green grass, such as a rough, a fairway, and a green. Another property of this painting is the asymmetrical balance. The painting is heavier to the left because the chair, being the central image in the painting, is to the left of it.
Thursday, January 16, 2020
Midterm Exam Business Valuation and Stock Valuation Essay
It is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required. (b) Corporations face fewer regulations than sole proprietorships. (c) One disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner level. (d) One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership. If a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business. (2) (TCO G) A security analyst obtained the following information from Prestopino Productsââ¬â¢ financial statements: Retained earnings at the end of 2009 were $700,000, but retained earnings at the end of 2010 had declined to $320,000. â⬠¢ The company does not pay dividends. â⬠¢ The companyââ¬â¢s depreciation expense is its only non-cash expense; it has no amortization charges. â⬠¢ The company has no non-cash revenues. The companyââ¬â¢s net cash flow (NCF) for 2010 was $150,000. On the basis of this information, which of the following statements is CORRECT? (Points : 10) (a) Prestopino had negative net income in 2010. ( b ) Prestopinoââ¬â¢s depreciation expense in 2010 was less than $150,000. (c) Prestopino had positive net income in 2010, but its income was less than its 2009 income. (d) Prestopinoââ¬â¢s NCF in 2010 must be higher than its NCF in 2009. (e) Prestopinoââ¬â¢s cash on the balance sheet at the end of 2010 must be lower than the cash it had on the balance sheet at the end of 2009. Which of the following is most likely to occur? (Points : 10) (a) The required rate of return for an average stock will increase by an amount equal to the increase in the market risk premium. (b) The required rate of return will decline for stocks whose betas are less than 1. 0. (c) The required rate of return on the market, rM, will not change as a result of these changes. (d) The required rate of return for each individual stock in the market will increase by an amount equal to the increase in the market risk premium. (e) The required rate of return on a riskless bond will decline.
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