- Review Kärkkäinen Chapter 5.
- For your initial post, be sure to incorporate your response to each of the items below:
o From Kärkkäinen:
Karkkainen discusses the Spirit in the Eastern Orthodox tradition. Summarize this section, giving particular attention to the discussion of theosis (deification) in Eastern Orthodox theology. This should be one large paragraph.
Briefly explain the significance of Vatican II for Roman Catholic pneumatology.
Be sure to demonstrate the gist and depth of this section with several specifics.
What is your personal assessment of Roman Catholic pneumatology, after having read this section?
Karkkainen discusses the doctrines of Justification and Deification in his section on “The Spirit in the Lutheran Tradition.” What is your response to this–particularly in regard to theosis and the Christological emphasis in western theology? (be sure to note K’s caution to us in not equating Luther with Lutheranism)
Compare and contrast the distinctive features of Pentecostal vis-a-vis Charismatic pneumatology–as Karkkainen has so identified.
o General Question:
What is your overall response to the readings this week?
ase study will address the concept of inflation – the rise in average level of prices sustained over time that corresponds to a fall in the internal (domestic) purchasing power of money – with regards to Venezuela. The goal here is to explore several trains of enquiry in order to critically evaluate the impact inflation has had – and may potentially have – on the national income and economic growth of Venezuela. As it stands, Venezuela’s inflation rate – 282972.8% – significantly exceeds that which holds 2nd position – Zimbabwe -175.66% (WorldEconomicForum 2019). In order to better decipher the notable disparity in inflation rates between Venezuela and the rest of the world, several areas will be analysed. This macroeconomic issue will be addressed with regards to challenges surrounding it alongside any potential benefits, it’s impact on the labour market, it’s fiscal impact in terms of taxes and government spending and potential policies that could be implemented in hope of combating it. Venezuela holds the highest recorded oil reserves in the world – possessing approximately 300 billion barrels – even surpassing Saudi Arabia. Evidently, oil is one of Venezuela’s most valuable commodities accounting for 95% of Venezuela’s exports and 25% of its gross domestic product (Independent 2018). However, during a period of time in which the global price of oil dropped, foreign demand to buy Venezuelan oil dipped simultaneously. A key factor that lead to Venezuela’s current crisis, is evidently their sole dependence on a single commodity – oil. As University of Florida’s Gamarra explains, this means “you are bound to the ups and downs of the oil price,”. Without a range of high value added assets, an economy lacks diversity and is vulnerable to ‘moments of downturns in your principal commodities (CNBC 2019).’ On an individual basis, hyperinflation renders any savings worthless due to its eroding impact on money. Consequently, people may hoard goods for instance, food due to the soaring prices. Situations such as these may lead to shortages of food supply, contributing to the issue further.>GET ANSWER