Printing an arrow of asterisks in Haskell
The way you're actually generating the list of Strings seems fine, but the formatting, at least in my opinion, can be improved: since raisingAsterisks and decreasingAsterisks are both relatively small "helper" functions for arrow, I would suggest putting them inside a where clause to make things a little easier to read.

arrow :: Int -&gt; [String]
arrow n = increasing ++ tail decreasing
    where increasing = take n $ iterate ('*' :) "*"
          decreasing = reverse increasing


In this context, the variable names could be shortened, due to the fact that it's easy to understand what's happening. Note that the n variable no longer needs to be passed, so increasing and decreasing actually are no longer even functions!

I hope you agree that changing your code just a little greatly improves readability.