The Life of a Gangster free essay sample

The life of a gangster living in the hood worrying about the getting caught up with police more than losing their life. The streets are a beast and death is around the corner, seeing drug sales to the dope fiends but that doesn’t really mean to much when your family starving. All you want to do is make a way and it seems that the only way is to keep it straight â€Å"G†. Growing up in a low income neighborhood nobody thinks that a little kid out the projects will make it, many don’t, feeling like there’s nobody that cares. Some say that’s what turns a heart cold, kills the little kid soul from a young age. Some also say that many kids were doomed from birth, as in being raised in a household with gangbanging, drug dealing, and shoot outs. These kids seem to be the most common in modern days gangsters. We will write a custom essay sample on The Life of a Gangster or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Growing up a little boy lived on 5 Martin Luther King Dr. in Charleston South Carolina; he grew up in the midst of gangs, drug dealing, and shootouts. The little boy name was Michael Bright he was born on September 16, 1992, the day he was born his Father was gunned down in a bloody hail of gun fire. After that day it was the beginning of the end for a child that had to be raised in the middle of a gang related violent confrontation, that lasted the over a decade after his birth. When Michael â€Å"lil Mike Bad Azz† Bright was 15 years old he was already a convicted felon, he hung with his older brother and the G’s (Gangsters) at this time lil Mike Bad Azz was a BG (Baby Gangster). They were part of the gang known a G-Shine changed by his older brother Killa Kam from GKB or Gangster Killer Bloods. He put in so much effort to show his brother that he had what it took to be a â€Å"G†, he would go as far as shooting his gun at their enemies but he never actually hit anybody. The day that he went to jail the first time it was for procession of marijuana, you would have thought that he would have learned but this would be the first of many arrests dealing with lil Mike Bad Azz. His older brother Killa Kam tried to prevent lil Mike from having to go through this Gangster life style, Killa Kam was the only person that lil Mike would listen too. On January 1, 2009, Killa Kam was on his way back to their house from hanging with some friends and they stopped at a red light and a van pulled up next to the car and unloaded a heavy arsenal of bullets from Assault Rifles. Killa Kam was brutally murdered on January 1, 2009 never made it to the house. When the news came back, lil Mike knew that the Crips had everything to do with this so he went even harder with his gangster ambitions. Lil Mike started selling Drugs that he bought from the Connect (Drug Lord) and 3 years later he was the Connect and started being referred to as Kilo Mike. He was called that because the amount of work (drugs) that he had and was able to obtain from all of the hard work (doing crimes for higher rank in the gang) that he put in on the streets. It was almost like it was meant for him to be a â€Å"G†; he would go to jail on Friday and be out by Monday. He feared nobody but could you blame him? He lost his Father on the day he was born and he lost the only father figure he’s ever known in Killa Kam when he was only 16. Now he’s 19 and on a path of destruction, His crew is getting smaller he’s starting not to trust anybody. Kilo Mike was always high, had so much of it he was always high off his on supply. Everybody started to seem like enemies to him, he was in a state of paranoia so bad that he slept with guns around him just in case somebody got through his security. It was so sad to see how the Gangster Ambitions took Kilo Mike from wanting to pursue this life style into wanting to run away from it. The contemplation of suicide ran heavy on his mind, but all he could see is his brother Killa Kam telling him to fight until it’s your time. Kilo Mike was something like a Ghetto legend he started giving gifts, food on holidays and school supplies at the end of the summer to the kids in his neighborhood. He just knew if Killa Kam and even his father was alive they would both be proud of how he’s using his wealth and fortune to give back. But the streets grasp pulled him back in and he assassinated on September 16, 2016 at the young age of 24 in front of his house. The life he represented and wanted to prove that he was just like his Father and Brother, was the same life that took his.

French Adjectives in Front of a Vowel or Mute H

French Adjectives in Front of a Vowel or Mute H Since French adjectives usually have to agree with the nouns they modify in gender and number, most of them have up to four forms (masculine singular, feminine singular, masculine plural, and feminine plural). But there are several French adjectives that have an additional variation: a special form that is used when the adjective precedes a word that begins with a vowel or mute H.The reason for this special adjective form is to avoid hiatus (the pause between a word that ends in a vowel sound and another that begins with a vowel sound). The French language likes words that flow one into the next, so when an adjective that ends in a vowel sound would otherwise be followed by a word that begins with a vowel sound, French uses a special form of the adjective to avoid the undesirable hiatus. These special forms end in consonants so that an enchaà ®nement is created between the two words, and the fluidity of the language is maintained.There are nine French adjectives in three categories which have one of these special pre-vowel forms. Descriptive Adjectives The following descriptive adjectives have a special form that is used only in front of a masculine noun that begins with a vowel or mute H. beau belun beau garà §on un bel hommefou folun fou rire un fol espoirmou molun mou refus un mol abandonnouveau nouvelun nouveau livre un nouvel articlevieux vieilun vieux bà ¢timent un vieil immeuble Demonstrative Adjectives When the demonstrative adjective is used with a masculine noun that begins with a vowel or mute H, it changes from ce to cet: ce garà §on cet homme Possessive Adjectives When a singular possessive adjective is used with a feminine noun that begins with a vowel or mute H, it changes from the feminine form (ma, ta, sa) to the masculine form (mon, ton, son): ma mà ¨re mon amieta femme ton amantesa profession son à ©ducation Note The special adjective forms are used only when followed immediately by a word that begins with a vowel or mute H. If a word which begins with a consonant is placed between the changeable adjective and the noun, the special form is not used.Compare: cet homme vs ce grand hommemon amie vs ma meilleure amie When theres an adjective, the special form is not used because the word that immediately follows the changeable adjective begins with a consonant.

Deltic Timber Corporation Credit Analysis Research Paper

Deltic Timber Corporation Credit Analysis - Research Paper Example In line with this, it is recommended for the company to take up proactive strategic management options that will push its fortunes higher, especially when it comes to dealings with competitors. Currently, the company finds itself in a business environment where talks of monopoly are far from the argument. Due to this, the greatest hindrance faced by the company has been found to be that of the creation of a competitive advantage. Using a strategic management option that will make the company the focus of customers is thus the saving path for the company in years to come. Indicative with the ratios of the company given in the paper, it would be realised that the company continue to have high debt financing, which creates a decline for profit utilisation. This means that even though revenues are high, these are hardly translated into profits because of higher debts and other expenses. 1.0 Organizational Overview Listed on the New York Stock Excahnge, Deltic Timber Corporation engages i n forestry industry where its major activities include the ownership and management of timberland. The specialisation that the company gives to this venture has resulted in the useful management of 445,800 acres of timberland over the past years. As a means of gaining diversification in its core business operation, which is the ownership and management of timberland, the company also owns two sawmills and is actively involved in real estate1. This said diversification has been the main source of financial capitalisation for the company because it has always been offered the opportunity of internally funding the running of its parent operations using revenues from diversified business. Currently, the company is headquartered in El Dorado, Arkansas. The market segment of the company has largely been focused on Arkansas and north Louisiana with very limited external and international markets. This situation comes with its own advantages and disadvantages for the company but the company has largely tried to live within its means of operations. This report is thus focused on critiquing the current credit situation of the company and offer recommendations. 2.0 Corporate Segment Deltic Timber Corporation’s corporate segment is reflected in its total asset as represented in the graph below. Generally, there are four segments that the company emphasises on. These are manufacturing segment, which takes 9% of total asset, corporate business, which is responsible for 7% of total asset, real estate, which accounts for 17% of the total asset, and woodlands, which take the highest portion of 68% of total revenue2. It is important to establish that the percentage gain of total assets as given above is not a direct reflection of the percentage of focus or corporate segment that the company gives to the various segment. Rather, the figures given above are a result of the contributions of gains that the various segments make to the company’s total asset. For instan ce in the 2012 Annual Report of the company, it was established that even though manufacturing is responsible for 9% of total assets, the company actually gives higher corporate segmentation focus to that segment than it gives to real estate, which earns the company 17% of its total assets. 3.0 SWOT Analysis 3.1 Strengths The company has an effective internally generated funding policy that is motivated by the fact that there are diversifying businesses that are managed under the franchise of Deltic Timber Corporation. The company has kept a very steady rise in revenues and operating incomes, making it have a very strong competitive engagement with its key competitions. 3.2 Weaknesses The company lacks

Of the Natural Condition of Mankind Essay Example | Topics and Well Written Essays - 1250 words

Of the Natural Condition of Mankind - Essay Example This is why Hobbes suggests that we lock our doors and that even though there be enforcement of laws we still take precautions. I implore you, gentleman and the like unlock your doors and let civility in.[ Can we know our minds This thing that exists beyond time or space. And does this knowledge free us. And yes we are made accountable to all things that ensue from our innate needs and wants as well as our positive goals dreams or thoughts. And then the question is, "Are the only worthwhile dreams, goals, desires and thoughts the only ones no one else wants" Are we that self-regarding According to ideas of political thought even our so called selfless acts are based on the desire to be seen in a better light. Therefore what we do for others still benefits us. This constant state of war is not necessarily mental but may be derived our of a more basic and life preserving need for us as humans to be in a state of homeostasis. "A dream deferred makes the heart sick." Though a higher power may be established no such agreement for a standard of living may be made unless a person, of their own free will agree to submit to that higher power. And if such higher power may be submitted to namely God. The glue that holds it all together is love. For where there is no law according to Hobbes there can be real free will. Love. Against such there is no law[Holy Bible]. It may be pertinent therefore to establish those that love first obeying the one command that overrules all else. Then there can be real freedom. Imagine a man that were in the world alone. Everyone else is asleep. According to Holy Scriptures it states do not awaken love before it so desires. Yet love does arouse one to a deeper consciousness. You become aware that there is more than just you, your needs, your desires and your wants. A child can not yet understand this. That is, if we agree with Piaget's level of development. Whoever gets to it first. It goes beyond the strongest. It goes beyond will. It comes with intelligence. It is bred within the genes. Thus, this may be why marriages are one way to form alliances, treaties or pacts. The passions that incline men to peace again is not fear of death but love. Ignorance vs. denial. Is ignorance really bliss If therefore, a love such as Christ can compel us it motivates us. It drives us. The whip is good for one thing- training and conditioning but left to one's own devices it is good for not much else. Because the perfect standard is not worldly or based on human ability the perfection still stands. This perfection can never be tainted because it is our of our reach. All fall short of the glory of God. A law that forbids one until they have knowledge of such law is a flawed argument. It is like the tree of good and evil. Once Adam and Eve ate of the tree their eyes were open. Is it ignorance or is it marriage that is bliss Neither! Love is blissful. Though a slave has no rights or personal properties they do have the ability, the power, the capacity and freedom to love. Against such there is no law. St. Thomas Aquinas supports this argument by stating that one need not be smart to understand God- Who is love. Contrary to Hobbes statement that out of fear, or fear of punishment but it is out of deep regard for the safety and protection of another. Again love protects. Fear is

Red Bulls Market Essay Example for Free

Red Bulls Market Essay A Bulls Market the marketing of Red Bull energy drink Red Bull, Austrias biggest export since Arnold Schwarzenegger, has methodically created and dominated the energy drink category much in the way players of the board game Risk would defeat their opponents. Dietrich Mateschitz, the owner of Red Bull International, created the highly caffeinated beverage in 1987. Five years later, the drink spread into neighboring countries like Hungary and Slovenia, followed by Germany and Switzerland. In 1997, Red Bull prepared to storm the U. S. market. Today, the slinky 8-3-OZ can has completed its invasion into nearly every cold box in the United States. (Ohio, Tennessee and the Dakotas are among the few states without it. ) In less than three years, Red Bull singlehandedly established and then lifted the booming energy drink category from a base of $12 million in (wholesale) dollar sales to $42 million in 1998 and $75 million in 1999, per Beverage Marketing Corp. Others soon followed, building energy drinks to a $130 million business. Now Coke (KMX) and Anheuser-Busch (180) are jumping in. Last year, Red Bulls market share stood at 65%, while the company reportedly pulled in a cool $1 billion in worldwide sales. Just how Red Bull managed to accomplish so much, so quickly has become the stuff of mythology Some have written off the product by calling it a flash in the pan or derisively note that its handlers got lucky. A closer investigation of the companys strategy however, reveals that luck had little to do with Red Bulls success. The companys consistent battle plan has been to open up a market by securing unusual distribution. When Red Bull initially set up camp in Santa Monica, Calif. , it piggybacked on established distributors. Typically distributors will deliver a number of brands; a Pepsi house will handle Pepsi, Diet Pepsi and Mountain Dew, and may even pick up a non-competing rival like Dr Pepper. Sales reps even greased the wheels by paying for their accounts promotional, advertising and sampling costs for three months. But as the drink caught on, the company began taking a more narrow approach. Now, a Red Bull sales rep will contact a small distributor and insist that he or she sell only Red Bull. Otherwise, Red Bull will set up a warehouse and hire kids to load up the vans and deliver product. These start-up distributors can focus their entire energies on getting Red Bull fully stocked in stores with prominent shelf placement. They generally break even within three months and are profitable within six. They buy direct from Red Bull. Theres enough margin and volume to make it work, said one Northeastern distributor. I wish theyd give it to me, but they have the kids with the vans doing it. Im looking forward to getting Snapples Venom [a new energy drink launching June 15] so I can compete with them. Next, the sales team visits key on-premise accounts: hot clubs and trendy bars. When owners begin buying a few cases, they receive a Red Bull branded cooler and other POP items. Thats when we start doing business officially, said Markus Pichler, evp-strategic planning, Red Bull North America. We go to on-premise accounts [vs. retailers] first, because the product gets a lot of visi bility and attention. It goes faster to deal with individual accounts, not big chains and their authorization process. Plus, on-premise provides fertile ground for new drink trends. In clubs, people are open to new things, said Pichler. The most important thing about [Red Bull] is, its working. If you had a tough week and want to dance, the product works. Perhaps a bit too well. Fueling Red Bulls growth is a mystique created by outlandish rumors about its contents: it is liquid Viagra; its secret ingredient is bulls testicles; someone overdosed from the drink because it has drugs in it. (The company shoots down these and other myths in an FAQ section on RedBull. com. Pichler wouldnt talk about Red Bulls natural fit with the speed crowd that frequents raves, taking designer drugs to stay awake for days at a time. Nor does the company endorse the mixing of Red Bull with vodka, Jagermeister or tequila-a ubiquitous bar call whose roots can be traced to Europe. From a sales perspective, Pichler acknowledged, [the mixability] is a nice side effect. Theres more to the guerrilla strategy than building buzz at clubs. Sales teams will open off-premise accounts at convenience stores near colleges, gyms, health-food stores and supermarkets. The company has divided the U. S. into eight decentralized sales units, each of which is handled on a city-by-city basis. One regional office in New York, for example, services Maryland, New Jersey Pennsylvania and Virginia. The Boston office handles the New England states and upstate New York. Each unit is responsible for creating distribution, making sales calls and developing targeted marketing plans. The mission: to find out where the target demo (men and women age 16-29) hangs out and what interests them. Its their job to get the message out to the right clubs and at the right events. While Red Bull relies heavily on bars and night clubs for its sampling events, alternative sports have also proven to be a successful product-trial arena. The company underwrites a number of extreme sports competitions and sponsors about three dozen alterna-athletes. Events include the Red Bull Huckfest, a ski and snowboard freestyle competition held in January in Snowbird, Utah; and the Red Bull Flugtag (German for flying day),premiering in the U. S. this fall. At the latter event, amateur pilots will create exotic flying machines and attempt to soar off the Santa Monica pier. The brand also employs teams of consumer educators, who roam the streets and dangle free samples. With California as its stronghold, Red Bull made its way into Oregon, Settle, Texas and ski resorts in Colorado. It next moved into the Midwest, targeting urban markets like Chicago and its environs. Soon it showed up on the East Coast in Miami and New York. (The Big Apple had a head start: Europe leaked the beverage into the city) Newer markets include the Carolinas, Virginia and Washington, D. C. In the antithesis of any majors marketing plan, Red Bull buys traditional advertising last. Only when a market is deemed mature does the company begin a media push. The idea is to reinforce, not introduce, the brand. Media is not a tool that we use to establish the market, said vp-marketing David Rohdy. It is a critical part. Its just later in the development. Current ads, titled Red Bull gives you wings, focus around an animated bull character. The initial spot is set in the Renaissance era, where an artist is telling the man who commissioned his painting that he has created the perfect piece of art: Red Bull. Itll give you wings, he said. Indeed, in another ad, an energized bull is shown leaping over a city. The ads have begun airing during late-night TV in New York, and radio programs including The Howard Stern Show. A Santa Monica-based shop, Lunch, handles ads and POP materials for the entire U. S. Red Bull typically creates two new TV spots a year and runs them in mature markets. The brand spent $100 million in the U. S. last year, according to the company Measured media spending was only $18. 9 million last year, up from $9 million in 1999, per Competitive Media Reporting. Red Bulls runaway popularity had given it easy entree into mass merchandisers. It is currently the No. 1 product in Store24, where it is now a bigger seller than beer, milk, water and soda. 7-Eleven is experiencing similar results. We have seen double-digit growth [in the non-carbonated segment]. Red Bull tops the list big time, said Jim Jackson, category manager for non-carbonated beverages at 7-Eleven, Dallas. [Their success is due to] their single-product focus, major advertising dollars and distribution. They create demand before they even get it to retail. The picture may yet change, as Red Bull is now facing more than a dozen imitators, most notably Cokes KMX and A-Bs 180. Knockoffs they may be, but distributors say they have been moving extremely well. Weve done a lot of the dirty work for them, Rohdy said. Pichler was a bit more engaging. Were a fan of competition. Its a positive for us, he said. It validates the energy drink category. Red Bull has already experienced the c opycat phenomenon overseas. The company doesnt appear to be concerned, however, having hit the $1 billion worldwide sales mark. Besides, observers have said the also-rans dont have a prayer. Red Bull seems to have a cooler in every bar in every city. The sales force, thats all they do, said one new age beverage executive. The big guys will not put that much energy into it and will lose interest when they dont make any headway. After conquering the U. S. , the Red Bull army plans to move on. It is currently making headway in Brazil and South Africa, though South America and Africa as a whole remain largely untapped. If history repeats itself, it wont be long before everyone on the planet gets their wings.

Effects of War Exposed in All Quite on the Western Front, Bury the Dead

Effects of War Exposed in All Quite on the Western Front, Bury the Dead, and Paths of Glory      Ã‚  Ã‚  Ã‚   "From the happy expression on their faces you might have supposed that they welcomed the war. I have met with men who loved stamps, and stones, and snakes, but I could not imagine any man loving war." Margot Asquith revealed her discontent with war in this quote. War is defined in the American Heritage Dictionary as a concerted effort or campaign to combat or put an end to something considered injurious. A rather contradicting definition from the dictionary when one examines war's true meaning and the effect it has on mankind. Wars do not put an end to something considered injurious, war starts them. War stems from human greed and ignorance and is often used as a tool by men to seek fame and glory. People remember the glory of Alexander the Great, Hannibal, and Napoleon but forget the number of deaths caused by these so-called heroes. War is about death and the destruction of the human character and spirit. World War I, not only claimed millions of lives , but left deep scars in the memories of those who survived. Disillusioned and disheartened, these young people became known as the Lost Generation. Even though the cost of war was staggering, its psychological effects had no boundary. The soldier's greatest struggle during war is not physical, but mental and spiritual.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚   A war novel that gives its reader an insight into the lives of soldiers during WWI, All Quiet on the Western Front, written by Erich Maria Remarque, is considered the greatest war novel of all time. This book brings its readers into the personal life of Paul Baumer and the horrors he had to encounter as a young German s... ...think about themselves, about religion, and about war. Sometimes, when a soldier gets too caught up in the war, he tries to hide his true feelings even though he is facing the biggest battle of all: with himself.    Works Cited:    Cobb, Humphrey. Paths of Glory, a Novel, Viking Press, New York 1935, new edition, Dell 1957, William Heinemann Ltd, London.    Hynes, Samuel. A War Imagined: The First World War and English Culture, London: Bodley Head, 1991.    Remarque, Erich Maria. All Quiet on the Western Front. New York: Ballantine Books, 1984.    Shaw, Irwin. Bury the Dead. New Theatre & Film, 1934-1937. Ed. Herbert Kline. San Diego: Harcourt, Brace, Jovanich, c1985.    Stephen E. Tabachnick, "Afterword," to Humphrey Cobb, Paths of Glory (1935) (Athens: University of Georgia Press, 1987), pp. 267-304.      

Macroeconomics Homework 1 Essay

Principles of Macroeconomics Homework 1 Please write down your answers as clearly as possible. 1. Below are some data from the land of milk and honey. Year 2008 2009 2010 Price of Milk $1 $1 $2 Quantity of Milk 100 quarts 200 200 Price of Honey $2 $2 $4 Quantity of Honey 50 quarts 100 100 a. Compute the nominal GDP, real GDP, and the GDP deflator for each year, using 2008 as the base year. Calculating nominal GDP: 2008: ($1 per qt. of milk ï‚ ´ 100 qts. milk) + ($2 per qt. of honey ï‚ ´ 50 qts. honey) = $200 2009: ($1 per qt. of milk ï‚ ´ 200 qts. milk) + ($2 per qt. of honey ï‚ ´ 100 qts. honey) = $400 2010: ($2 per qt. of milk ï‚ ´ 200 qts. milk) + ($4 per qt. of honey ï‚ ´ 100 qts. honey) = $800 Calculating real GDP (base year 2008): 2008: ($1 per qt. of milk ï‚ ´ 100 qts. milk) + ($2 per qt. of honey ï‚ ´ 50 qts. honey) = $200 2009: ($1 per qt. of milk ï‚ ´ 200 qts. milk) + ($2 per qt. of honey ï‚ ´ 100 qts. honey) = $400 2010: ($1 per qt. of milk ï‚ ´ 200 qts. milk) + ($2 per qt. of honey ï‚ ´ 100 qts. honey) = $400 Calculating the GDP deflator: 2008: ($200/$200) ï‚ ´ 100 = 100 2009: ($400/$400) ï‚ ´ 100 = 100 2010: ($800/$400) ï‚ ´ 100 = 200 1 b. Compute the percentage change in nominal GDP, real GDP, and the GDP deflator in 2009 and 2010 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense. Calculating the percentage change in nominal GDP: Percentage change in nominal GDP in 2009 = *($400 − $200)/$200+ ï‚ ´ 100 = 100%. Percentage change in nominal GDP in 2010 = *($800 − $400)/$400+ ï‚ ´ 100 = 100%. Calculating the percentage change in real GDP: Percentage change in real GDP in 2009 = *($400 − $200)/$200+ ï‚ ´ 100 = 100%. Percentage change in real GDP in 2010 = *($400 − $400)/$400] ï‚ ´ 100 = 0%. Calculating the percentage change in GDP deflator: Percentage change in the GDP deflator in 2009 = *(100 − 100)/100+ ï‚ ´ 100 = 0%. Percentage change in the GDP deflator in 2010 = *(200 − 100)/100+ ï‚ ´ 100 = 100%. Prices did not change from 2008 to 2009. Thus, the percentage change in the GDP deflator is zero. Likewise, output levels did not change from 2009 to 2010. This means that the percentage change in real GDP is zero. c. Did economic well-being rise more in 2009 or 2010? Explain. Economic well-being rose more in 2009 than in 2010, since real GDP rose in 2009 but not in 2010. In 2009, real GDP rose but prices did not. In 2010, real GDP did not rise but prices did. 2. What components of GDP in this year (if any) would each of the following transactions affects? How about total GDP in this year? Explain. a. A family buys a new refrigerator Consumption increases because a refrigerator is a good purchased by a household. Total GDP increases by the same amount. b. Aunt Jane buys a new house Investment increases because a new house is an investment good. Total GDP increases by the same amount. c. Ford sells a Mustang from its inventory 2 Consumption increases because a car is a good purchased by a household, but investment decreases because the car in Ford’s inventory had been counted as an investment good until it was sold. The increase in consumption cancels the decrease in investment, so there is no change to the total GDP (recall that GDP does not include the value from sale of used good) d. You buy a pizza from a local Pizza place. Consumption increases because pizza is a good purchased by a household. Total GDP increases by the same amount. e. California repaves Highway 101 Government purchases increase because the government spent money to provide a good to the public. Total GDP increases by the same amount. f. Your parents buy a bottle of French wine Consumption increases because the bottle is a good purchased by a household, but net exports decrease because the bottle was imported. The increase in consumption cancels the decrease in net exports, so there is no change to the total GDP (recall that GDP does not include the value of foreign produced goods) g. Honda downsizes its factory in Marysville, Ohio Investment decreases because some structures and equipment were put away. Total GDP decreases by the same amount. h. A senior lady in Cleveland receives social security from the government. Neither any of the components nor the total GDP is affected. Because social security is a kind of transfer payment, which is not included in GDP. 3. Explain a. Why a closed economy’s income must equal its expenditure? A closed economy’s income must equal its expenditure, because every transaction has a buyer and a seller. Thus, expenditure by buyers must equal income by sellers. b. Why do economists use real GDP rather than nominal GDP to gauge economic wellbeing? Economists use real GDP rather than nominal GDP to gauge economic well-being because real GDP is not affected by changes in prices, so it reflects only changes in the amounts being produced. Because it measures the economy’s production of goods and services, it reflects the economy’s ability to satisfy people’s needs and desires. But nominal GDP is affected both by quantity and price. You cannot determine if a rise in nominal GDP has been caused by increased production or higher prices. Thus real GDP is a better gauge of economic well-being than is nominal GDP.