Assignment 01 Example | Topics and Well Written Essays - 500 words

01 - Assignment Example In the event that educators need assurance and thus begin being terminated consistently, the students’ learning procedure will be disturbed. They will require some investment receiving and heating up to another educator. They will likewise be shaky to draw near to the educators on the off chance that they are terminated and this will influence their mental prosperity. The adjudicator let feelings take the inside stage in the decision and not completely followed up on the proof introduced. I don't invalidate that a portion of the instructors are ineffectual yet managing dependent on just 1-3% of the educators is apparently out of line and out of line to the educators themselves remembering over 90% of them are compelling ones (Blume and Ceasar, 2014). The adjudicator ought to have been increasingly objective in his decision. A child’s right to instruction is significant however so is the child’s right to bliss and genuine feelings of serenity which won't be the situation if the educators are continually being terminated thus upsetting the training of the understudies. Blameless educators will be contrarily influenced before the finish of the residency and they are the lion's share ones. The decision ought to have guaranteed a center ground to accord the great teachers’ appreciation. A child’s life isn't needy 100% on school life and thus the private life at home and with companions may likewise add to their exhibition. By having the instructors assume all the fault for the disappointment of the understudies is an obliviousness of the other life outside younger students have. Regardless of whether an instructor can be terminated or not will be not legitimately identified with a child’s life outside of school. The court neglected to think about this side of the contention. I believe that after the courts and instructors who bolstered the court’s deciding at last understand that the teacher’s residency didn't have an inseparable tie to the learning and execution result of understudies; they will at last return to this case and administering and understand the

Wells Fargo Company

Wells Fargo Company This article will examine various ways and circumstances of investigating a company’s, benefit, manageability and its moving forward.Advertising We will compose a custom paper test on Wells Fargo Company, Its Profitability, Sustainability and Moving Forward explicitly for you for just $16.05 $11/page Learn More The article is likewise going to feature various sorts of examination and how they contrast from each other according to reason and gainfulness. The article will view Well Fargo’s investigation. There are various circumstances, which lead to the companys investigation. The organization may decide to evaluate different areas that establish to the entire organization for different purposes. One of the principle motivations behind leading an investigation on an organization is to decide its situation comparable to gainfulness. A company’s productivity is rarely stale; an organization is moving either forward or in reverse. An organization will never be at a s imilar situation according to gainfulness. There are various sorts of investigation; they vary from each other with respect to reason and approach. An examination will consistently have a remarkable path through which it takes a gander at the subtleties introduced in the point of research. The SWOT arrangement of examination is one of the best strategies for breaking down a business association. The SWOT examination features qualities, shortcomings, openings and dangers. Through this investigation an association is assessed into the fine subtleties. The company’s qualities can be found in the positioning it has gotten from incredibly famous money related experts. The organization is recorded as the best private venture loan specialist, best horticultural moneylender, second best obligation card backer, second best prime home-value bank, third best shared reserve supplier among the U.S. Banks. For example, the organization is the eighteenth most regarded organization on the pl anet. This was a positioning set up by Barrons. Wells Fargo has been positioned as the seventeenth most gainful organization everywhere throughout the United States. The association has gotten the â€Å"Aaa† FICO assessment from Moody. The organization has a decent connection with the network, the clients, and the colleagues. The organization has been positioned as the 41st comparable to income in the United States. This positioning was given by the Fortune 500. Another territory where the company’s quality is shown is corresponding to association. The company’s association structure is set up in a way that helps different offices and branches to fill in as a solitary body. The Wells Fargo Bank has been built up as the primary bank in the United States starting at 2008 (Fradkin, 2002).Advertising Looking for exposition on business financial matters? How about we check whether we can support you! Get your first paper with 15% OFF Learn More The organization has t wo significant shortcomings. These shortcomings are introduced in awful home loans and low platinum card piece of the overall industry. One of the significant territories where different contenders beat this organization is comparable to platinum cards. Though other money related establishments are centered around giving check cards to their clients, this organization has been abandoned. For this reason, Wells Fargo has been continually loosing clients. The piece of the pie that the organization keeps on losing each other day where check cards are being utilized in the market is an escape clause through which contenders keep on getting a charge out of different advantages. The different shortcoming of the organization is according to terrible home loans. As a loan specialist, there are contract issues that the organization keeps on confronting each day as the credit advertise keeps on encountering issues (Navarro, 2006). The open doors the organization is given, incorporate decrease d rivalry, strategically pitching choices, merging industry, worldwide development, and Wachovia. According to worldwide extension, the organization is hoping to set up a solid nearness in the global market just as expanding the development and benefits. In the occasion the organization is to wander out into global markets, it would encounter improved cooperative energies and the client base would increment. The open doors would improve the company’s budgetary security just as upgrading the individual economies in the nations where it has been set up. Advancement will build the company’s productivity (Ferrell Hartline, 2010). The dangers that the organization faces incorporate home loan issues, credit showcase emergency, slow extension of home loans, charge cards discounts, lodging emergency, and government mediation. The acknowledge showcase is seen as a danger primarily due with the impact it has on cost of getting. Investors neglect to profit mostly on the grounds t hat the free income is intruded. This likewise influences edges unfavorably. The lodging emergency has two significant impacts that qualify it as a danger to the tasks of Wells Fargo. The lodging emergency is liable for the lessening in estimation of value and friends resources too. This has the impact of making business moderate and diminishing its productivity. The weight additionally influences the development of value and income. Despite the fact that the legislature is a major client for the organization, there is in every case some weight on the intercession it gives. In the occasion the organization intercedes, the impact is felt on stock. The stock is for the most part under tension in the occasion such mediation is propelled. The administration contribution in business additionally accompanies its unfavorable effects.Advertising We will compose a custom paper test on Wells Fargo Company, Its Profitability, Sustainability and Moving Forward explicitly for you for just $16.05 $11/page Learn More For example, the legislature has been related with past issues and these have driven organizations to encounter immense misfortunes. In the occasion the organization wanders into a market where the business is directed by the administration, there are unfavorable impacts that the organization is set to understanding. These unfriendly impacts are typically established in the way the administration settles on its choices. In the light of the way that the administration decides, different organizations are set to prosper. Contemplating that these choices are not founded on the government assistance of the residents, the organizations will endure, as well. The contribution of government in business is additionally a hazardous undertaking as it brings it political dangers. Charge card discounts additionally decline the benefit of Wells Fargo (Fradkin, 2002). References Ferrell, O.C. what's more, Hartline, M. (2010). Advertising Strategy. Ohio: South-Western Cengage L earning. Fradkin, P.L. (2002). Stagecoach: Wells Fargo and the American West. New York: Simon Schuster Publishers. Hume, J.B. what's more, Thacker, J.N. what's more, Wilson, R.M. (2010). Wells, Fargo Co. stagecoach and train thefts, 1870-1884: the corporate report of 1885 with extra realities about the violations and their culprits. North Carolina: McFarland Co. Navarro, P. (2006). The Well-planned Strategy: Managing the Business Cycle for Competitive Advantage. New York: Wharton School Publishing. Paul, R. Senior, L. (2006). Basic intuition: Tools for assuming responsibility for your learning and your life (second ed.). Upper Saddle River: NJ: Prentice Hall.Advertising Searching for exposition on business financial aspects? We should check whether we can support you! Get your first paper with 15% OFF Find out More

Blog Archive GMAT Impact OkayYou Have Decided to Postpone for a Year

Blog Archive GMAT Impact OkayYou Have Decided to Postpone for a Year When it comes to the GMAT, raw intellectual horsepower helps, but it is not everything. In this weekly blog series,  Manhattan GMAT’s  Stacey Koprince  teaches you how to perform at your best on test day by using some common sense. Recently, we talked about what to try if your deadlines are rapidly approaching  and you do not yet have the score that you want. What if you decide to postpone your exam and possibly your B-school applications? First, a pep talk. You made a choice; you did not “fail.” You could, for example, choose to apply this year but lower your standards in terms of where you apply. In fact, depending on your goals, this may be better than waiting a year to try to get into a “better” (or at least more highly ranked) school. On the other hand, let us say that you are only willing to spend more than $100,000 if you can get into a certain “level” school, and your GMAT score is holding you back. In that case, postponing for a year may be the way to go. Any “helpful” friends or family members who say, “Hey, I thought you were applying to business school!” can be told, “It is actually a smarter career move for me to wait until next year.” They do not need to know that the GMAT had anything to do with that decision. So how do you get that score? There is no guarantee you will get a certain score. Now that you have given yourself some more time, though, put together a smart plan that will give you the best possible chance. Take a break If you are already burned out (and most people in this situation are), take a breather. The best thing you can do for yourself right now is clear your brain and ratchet down the stress levels. Come back to the GMAT with a fresh perspective in January. Set up a plan Whatever you were doing before was not working for some reason. You need to figure out why so that you can then figure out what kind of plan will work for you. First, what was your broad study plan/pattern? Were you working on your own or with friends? With a class? With a tutor? Second, what materials were you using and how were you using them? How were you actually studying/learning when you were not in class or with a tutor? If you had/have a teacher or tutor, contact him or her for help with this step. Make sure to provide detailed information about how you were working on your own and any ideas you have about what was and was not working. Also ask other experts for adviceâ€"post on some forums, speak to other teachers or tutors and so on. The article Developing a Study Plan contains a number of useful resources to help you figure out next steps. Note that the article is a two-parter. I have linked to the first part here; the second half is linked at the end of the first part. Questions to ask yourself What are your strengths and weaknesses across question types, content areas and timing? See part 1 of Developing a Study Plan for an article that will help you analyze your practice tests. Any timing problems? (About 98% of students have timing problems!) See our earlier blog post  for time management resources. Were you analyzing problems and your work in the way described in this article? (For examples of specific problems analyzed using the MGMAT process, see this article.) Know the material but make lots of careless mistakes? I need more help Research your options now (class? books? online materials?) and set things in motion so that you can hit the ground running in January. Then, after taking a break over the next few weeks, you can come back with a clear head, a fresh perspective and a planâ€"all of which are critical if you want to have a good shot at overcoming the GMAT! Share ThisTweet GMAT Impact

Element Atomic Number Quiz

Support Drug Regulation Acts - 932 Words

S.959—Pharmaceutical Compounding Quality, Security and Accountability Act, was introduced into the U.S Senate May 15, 2013 by Thomas Harkin, Democratic senator of Iowa, along with the support of five cosponsors. The bill, if it’d passed would have amended the Federal Food, Drug, and Cosmetic Act (FFDCA) to expand the regulation of compounded drugs. It would have allowed the Federal Government to oversee drug compounders’ operations to ensure drug quality and safety. Most recently, the bill was referred to the Senate Health, Education, Labor, and Pensions Committee but never made it to the floor for a vote. Supporters of S.959 were both Republicans and Democrats. This bill was a bipartisan effort. There was opposition to this bill from the†¦show more content†¦The National Community Pharmacist Association (NCPA) supported the senate’s concern limiting outbreaks like the meningitis outbreak but thought that the compounding section of the bill should be rethought out. They did however agree with the anti-drug counterfeiting portions of the bill. Both the IACP and NCPA were willing to compromise on the bill and were working with the Senate Health, Education, Labor, and Pensions Committee to achieve a compromise. In contrast, the supporters of the bill had quite the opposite to say; arguing that setting national regulation for the drugs would better ensure safety. Each state beforehand had their own regulations and they differed from state to state. With the bill, the compounders would be required to stick to FDA regulations, while still maintaining some authority by overseeing the operations, but then reporting to the FDA. Senator Pat Roberts of Kansas argued the bill was a fair median between federal regulation and state oversight of pharmaceutical processes. Roberts in a statement said â€Å"this legislation protects traditional pharmacy while giving patients more confidence in the quality and safety of their compounded drugs† (as cited by Morris, 2013). Another large supporter was Allan Coukell. He is the senior director for drug and medical devices for the Pew Charitable Trusts. Coukell stated that his group supported the bill and argued it was â€Å"a major advance for theShow M oreRelatedcu1572900 Words   |  4 PagesMedicines Act 1968 The Misuse of Drugs Act 1971 The Misuse of Drugs(Safe Custody) Regulations 1973 SI 1973No 798 as amended By Misuse of Drugs Regulations 2001 The NHS Scotland Pharmaceutical Service (Regulations) 1995 The Social Work (Scotland) Act 1968 as amended by The Regulations of Care Act 2001 The Children Act 1989 The Children s Act (Scotland) 1995 The Data Protection Act 1998 The Care Standards Act 2000 The Regulation of Care (Scotland) Act 2001 The Health and Social Care Act 2001 Read MoreThe Rights And Effectiveness Of Drugs1597 Words   |  7 PagesKefauver–Harris bill that which ensured prescription drug manufacturers to provide proof of the security and effectiveness of drugs before administering them to consumers. The background information used in this paper comes directly from the U.S. Food and Drug Administration website as well as from The New England Journal of Medicine to give an in-depth view on how the amendment was established. The focus will be primarily on the effect of law, the criticism, support and opposition received as a result of theRead MoreThe Drug Prohibition Of The United States Of America1629 Words   |  7 PagesThe cohorts of drug prohibition argue that the benefits of the prohibition are self-evident and undeniable. The basis of this assumption argument is that without prohibition the consumption of drug would skyrocket, and therefore, lead to disastrous outcomes. However, there is no evidence on the commonly held belief. The empirical evidence that exists does not support the notion of souring drug consumption. For instance, in the Netherland and Switzerland, where marijuana is legalized, the consumptionRead MoreProgessives and The Pure Food and Drug Act Essay862 Words   |  4 Pagesthat was a prime example of the progressive era, was the Pure Food and Drug Act of 1906. This law came about due to muckraking, and also because of public and political interests. Muckraking, such as Upton Sinclair’s piece, â€Å"The Jungle†, helped in the timing of the adoption of this legislature. This piece of legislature, allowed for the regulation of processed food items in United States food markets. The Pure Food and Drug Act was assigned to the Department of Agriculture under the Bureau of ChemistryRead MoreRegulatory Agency: Food and Drug Administration Essay1617 Words   |  7 PagesRegulatory Agency: Food and Drug Administration Victoria Steele University of Phoenix Regulatory Agency: Food and Drug Administration The regulation of all areas of health care in The United States falls to The United States Department of Health and Human. One such area is the regulation on medications dispensed within the United States. The section of The United States Department of Health and Human Services responsible for regulation on medications is the Food and Drug Administration (FDA)Read MoreFood And Drug Administration ( Fda )871 Words   |  4 PagesAccording to the US Food and Drug Administration (FDA), the definition of a drug includes the following; â€Å"a substance recognized by an official pharmacopoeia or formulary. A substance intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease. A substance (other than food) intended to affect the structure or any function of the body. A substance intended for use as a component of a medicine, but not a device or a component, part or accessory of a device. Biological productsRead MoreDirect Consumer Pharmaceutical Adve rtising ( Dtcpa )1312 Words   |  6 Pagesas â€Å"an effort (usually via popular media) made by a pharmaceutical company to promote ... prescription products directly to patients,† is a common practice and an important issue that impacts the health of U.S. citizens, the prices of prescription drugs and health care, and doctor-patient relationships (Ventola). This paper will discuss the historical and political lens of DTCPA: how and why changes to DTCPA were made in the past, how current politics suggests a possible change to decrease or limitRead MoreAsm 34 Administer Medication to Individuals, and Monitor the Effects1663 Words   |  7 Pagesthe legal difference between drugs and the legal framework that allows them to handle medicines on behalf of the service user. The Medicines Act 1968 being the umbrella and from this several amendments and legislations have been implemented. The following is a list of legislation that has a direct impact upon the handling of medicat ion within a social care setting. †¢ The Medicines Act 1968 †¢ The Misuse of Drugs Act 1971 †¢ The Misuse of Drugs (Safe Custody) Regulations 1973 SI 1973 No 798 as amendedRead MoreMODDERN Cures Act and Chronic Disease1524 Words   |  7 PagesShould drug regulation in the United States be significantly revamped in order to encourage development of drugs targeted at chronic disease? In the United States drug regulation is taken very seriously. Congress holds the power to regulate the distribution, manufacture, and use of narcotics. Congress has the power to regulate narcotics through the Bill of Rights. â€Å"Congress may not authorize unreasonable searches and seizures or cruel and unusual punishment of narcotics violators† (Kaplan). Read MoreThe Health Care Industrys Role in the Economy of the Country915 Words   |  4 Pagesindustry also has many rules and regulations that they need to follow in order to be successful and keep order in the industry without any problems. Some laws include, the Privacy Act, Patient self-determination Act, false claim Act, and the Emergency Medical Treatment and Active Labor Act. The Privacy act of 1974 is a code of fair information practices that mandate how the government agencies, like Health Care who should maintain records about individuals. The privacy Act requires the government to collect

The Censorship Of The Indian Constitution - 1365 Words

In today’s day and age where lines between the public life and private life have become increasingly blurred, right to privacy has gained importance and new dimensions. In the Indian Constitution though the right to privacy is not expressly mentioned, yet it is guaranteed by the constitution under Artice 21. The scope of Article 21 has been widened and it now encompasses the right to privacy. In R.Rajagopal v. State of T.N. the courts observed that the right to privacy is an essential ingredient of the right to life. It becomes pertinent to discuss the right to privacy while discussing media law and policy as lately there has been an increase in cases where there has been infringement of right to privacy by the media. Though the freedom of speech and expression, as guaranteed in the Constitution of India, empowers the press to disclose information vital to public interest, it often results in intrusion of privacy . In 2012, a news channel aired the molestation of a girl in Guwahati, filmed by one of its reporters The alleged ‘informational activism’ reflects a conflict between the right to information and right to privacy. The RTI Act represents the right to know but even the RTI Act recognises an exception to the right to know under section 8 (1) (j) according to which disclosure of information, which is not related to public life and public interest which results in invasion of privacy, is exempted . Article 12 of UDHR , 1948; Article 17 of ICCPR , 1976 ; Article 16Show MoreRelatedIs Censorship By Government Justified?1497 Words   |  6 Pages1104 28 April 2015 Is censorship by government justified? Censorship has been broadly connected with the media from last couple of decades. These subject is all that much dubious and present in every single key zone of public expression, which commonly go under the civil argument from every community throughout the world. There are numerous articles composed on the subject of censorship and we will talk about the contentions in distinctive articles and its dependability. Censorship, the concealment ofRead MoreFreedom of Expression is Ensured in India1473 Words   |  6 PagesIn India freedom of expression is ensured by Article 19(1) of the Constitution but is also limited by Article 19(2) which allows the government to place â€Å"reasonable restrictions on this right in the interests of the sovereignty and integrity of India, the security of the state, friendly relations with foreign states, public order, decency or morality, or in relation to contempt of court, defamation or incitement to an offence.† This means that the government can potentially censor anything. No otherRead MoreBanning Books in Schools Essay983 Words   |  4 PagesThe practice of the censorship of books in schools has been prevalent due to the explicit content of them. Parents have been complaining to schools about books that count as required reading because they disapprove with the points made in the book. If a book consists of offensive or sexually explicit material , then parents would challenge the schools about them in order to prevent their children from reading them. Censorship in general has been an intensely debated issue because it is consideredRead MoreEmergency and Laws Imposed on Media5949 Words   |  24 Pagesevents in the socio-political climate of India. These socio-political changes have brought about corresponding changes in the character of the Indian mass media system, especially in the freedom and independence of the Indian press. 25 June 1975 will go down in the history of the Indian Republic as a most infamous day and a black day when the then Indian Prime Minister Indira Gandhi who headed the Congress Party as its dynastic head imposed an Internal Emergency in India for reasons which had noRead MoreRole of the United States Constitution832 Words   |  4 PagesUnited States Constitution The role of the constitution plays an important part of the everyday life in the United States. It is a part of every person’s life even if they do not realize it. It usually has impacted your life in the past or even at every moment in someone’s life. â€Å"Although the Constitution created a new federal government, it took a courageous, brilliant, and farseeing Supreme Court chief justice to help realize the framers’ vision.† (Microsoft, 2007) The Constitution itself providesRead MoreLiberal Nature of Indian State1308 Words   |  6 PagesDISCUSS THE NATURE OF THE INDIAN STATE ACCORDING TO LIBERAL PERSPECTIVE. The state is being perceived as an organised structural and institutional whole epitomizing the power relations of society. The state in a developing society arise from historical factors and interacts with society through its decisive role in the economic process of the nation. To study the nature of any particular state, it is necessary to analyse to relation between state, power, and social classes and the purpose ofRead MoreDifferent Values Of Peace And Toleration1521 Words   |  7 Pagesits own conception of the good life and it requires the exclusion of ultimate ideals for the protection of ordinary life, for our need to eat, talk and relate to one another . It rules out big evils like death, unnecessary suffering, illegitimate censorship and social isolation. Political secularism is incompatible with all kinds of barbarianism. It depends on simple moral injunctions like don’t kill, don’t force, don’t exploit or humiliate the other and these are inevitable for living together. NowRead MoreApartheid. What is it? Who or what were involved? And how did it end in South Africa?1660 Words   |  7 Pageswhite-only jobs. In 1950, the Population Registration Act required that all South Africans be racially classified. The four groups of race were: Whites (or Europeans), Coloreds (people who were a mixture of different groups including whites), Asians (Indians), and Bantu (or Africans). In 1951, the Bantu Authorities Act was established. This act forced all non-whites to move to reserves known as homelands or Bantustans. These homelands were independent states to which every African was assigned by theRead MoreFrench Revolution Democracy in the Contemporary World2097 Words   |  9 Pagesof French Revolution on the world ? Name two Indians who were very much influenced by the revolutionary France . ââ€"  Impact of French revolution on the world. (i) The ideas of liberty and democratic rights were the most important legacy. (ii) The ideas spread from France to Europe. Here feudal systems were abolished. (iii) Colonised people started movements to create a soverign nation state. ââ€"  Tipu Sultan and Raja Ram Mohan Roy were the Indians who were influenced by the ideas of French revolutionRead MoreMexican Revolution: Diaz ´s Administration and Beyond Essay1613 Words   |  7 PagesMexico had a long way to be stabilized from Diaz’s administration to the constitution of the 1917. The Porfiriato era was able to stabilize Mexico had problems despite of the growing economy led a major uprising. After factions argued what’s best for Mexico led a list of compromise constitution that is the constitution of 1917 which they have debated each other. Porfirio Diaz led a coup against President Manuel Gonzalez whom was to pick up and leave in 1876. The Diaz system allows him using the

How Australia’s Soaring Housing Costs Affect The Economy

Question: Describe how Australias soaring housing costs affect the economy. Answer: Housing prices had various macroeconomic effects on the economy. Rising house prices is considered to be categorized as a wealth effect which makes owners feel wealthier inducing them to spend more on their private consumption. The soaring house prices also imply that households who are otherwise not able to borrow now can borrow against the increasing equity of their houses and hence further increasing private consumption. In recent times Australias housing prices had been soaring. Australias houses as estimated by the International Monetary Fund are overvalued by 10%. The housing price inflation occurred as Australia moved towards 2000s with low interest rates and the gush of mining related income leading to growing private credit and rise in housing prices. Increase in private borrowing to buy houses has also driven up the prices further. As per the article by Tom Bentley and Jonathan West, from 1985 to 2015, bank lending in Australia increased from 20% of the GDP to approximately 130%. This private debt accumulated by the households is largely for housing. Australia accounts for the highest ratio of housing debt to total lending of 54% in the world and second highest ratio mortgage debt to GDP of 99%. These indicate that Australia is placed at a risk of a downturn in housing prices, and also housing being an unproductive economic investment, excessive private lending for housing is siphoning way finance from productive business investments which shall bring forth new products and services. Housing finance increased from 25% of credit outstanding in the year 1990 to over 60% in the present time. While over the same period business lending declined from 65% to 35% reflecting the Australian economys changing structure. Considering the data and information given we look into the various effects of the rising housing prices both positive and negative on the economy. Higher housing prices as earlier mentioned act as a wealth effect and house owners feel wealthier which in turn results into greater consumption/spending and reduction of savings by these individuals which increase the aggregate demand of the economy boosting the GDP and growth. In Australia, real estate stands out as an important investment asset and increases in property prices above the construction costs, influences the building of new houses. This boom in the construction sector also boosts employment and the overall demand in the property related sectors. Turning to negative effects, the strength of the total wealth effect is not certain and depends on other factors too like the duration of the rise in house prices which may be temporary or permanent or ownership rates of houses in the economy. Hence the wealth effect varies in such situations. On the other hand, rising prices also reduces the number of people who can afford the houses at such prices and they have to increase their savings for higher deposits to get mortgage loans which in turn reduces their consumption spending subjecting them to incidences of housing stress and crisis. Hence, we see that the housing sector plays a vital role in the Australian economic growth. But the soaring housing prices is impeding investments in the real economy hinging the developments of skilled workers and further increasing inequality which has effects on Australias long term growth. The rising prices have driven up the wealth inequality and the article concludes on the note that this rising inequality should be curbed by redistribution of opportunity and reward widely. References: Bentley, T West J 2016, Australias soaring housing costs signal needs for a new economic consensus, viewed 18 May 2016. Carter A 2013, High house prices damage business and the economy, viewed 18 May 2016. Mankiw, G 2003, Macroeconomics, Worth publishers, New York. Samuelson, P Nordhaus, W 2010, Economics, Mc Graw hill, New Delhi.