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Economics - August 2006

[Selected]: All categories Social Science Economics

2006-08-29 15:32:03 · 13 answers · asked by Anonymous

Also, what about waiting an extra 10min while security checks you out, do you think its worth the time?

2006-08-29 14:54:04 · 12 answers · asked by hot.momma1214 1

Would it be right to base a payroll deduction based upon the difference between the highest paid individual and the lowest paid individual at any and every particular place of employment?

2006-08-29 14:38:23 · 12 answers · asked by dawiz1 1

Apparently, some banks in Arab countries work entirely without interest charges levied or paid out, for religious reasons. My question is: How can they still be profitable?

2006-08-29 14:25:41 · 4 answers · asked by Tahini Classic 7

Imagine if the concept of interest charges disappeared. You would not earn interest on your savings, but you would also not be charged interest on your debts. Who knows, some flat-rate service fee may cover the bank's costs instead.

In fact, I hear the Arab world once had a banking system like that for religious reasons, and still may. I wonder if their reality is less ridden by instances of personal financial troubles than the western system because of it?

Is there anyone in the know to say something interesting about the topic?

Thanks.

2006-08-29 12:49:26 · 13 answers · asked by Tahini Classic 7

Imagine if your savings did not earn interest at all, but instead "went bad" - wouldn't that encourage people to spend as much as possible, as quickly as possible, to make sure they get something for their bucks before they expire?

And wouldn't that also put an end to the rich-and-poor divide? You'd be as rich as you are able to contribute to society. Family fortunes and having power over people due to wealth would be a thing of the past.

What do you think of that?

2006-08-29 11:53:08 · 18 answers · asked by Tahini Classic 7

If the rule of the free market is to charge whatever the market will bear, are we as consumers and workers not stupid to strain harder and work longer to be able to pay prices which will be jacked up due to the fact that we can spend more money through that?

And:

Would it therefore not be better to turn the tables and refuse to work longer and earn more, simply demand more time for ourselves, and thereby send prices and working times plummeting?

All we would need to do is sit it out until prices go down due to lack of demand. And yes, that might be called a recession, but where does the straining end? Humans need to sleep. And there are only 24 hours in a day. Eternal, exponential growth, I've always thought, is simply a mathematical impossibility - or not?

Wouldn't it be wise of us to slow down before we crash? What are your views? Can this be done?

2006-08-29 11:46:16 · 6 answers · asked by Tahini Classic 7

2006-08-29 11:17:06 · 12 answers · asked by Eric Inri 6

Since my vote doesnt count for anything, I can still boycott. I dont buy from Exxon, CVS and I boycott a local radio station

2006-08-29 09:21:26 · 23 answers · asked by Anonymous

I heard we do not have to AT ALL but we are already "conditioned" to believe/think that we do. Does the 16th Amendment protect us from not paying taxes. Where in the Constitution does it state that it is necessary to pay the Gov.???

2006-08-29 08:12:32 · 13 answers · asked by Tanyah 3

steps taken by the government for consumer awareness of inida,

etcc......

2006-08-29 05:40:39 · 2 answers · asked by Anonymous

In other words, barring social exigencies, does every human being have an equal mathematical chance of living a decent middle-class life?

2006-08-29 04:32:14 · 9 answers · asked by wonderingaboutwealth 1

A planned freeway connecting two cities was originally thought to cost $200. After building part of the system at a cost of $150 million, the government realised that the total cost of the system would be $260 million. At this point the MARGINAL cost of completing the freeway is bes estimated as
A) $60 million
B) $50 million
C) $260 million
D) $110 million

2006-08-29 02:10:05 · 2 answers · asked by Tomato 1

Eonomists fear that another depression will soon rob the whole world forever.Is it for real or just a hoax?

2006-08-29 02:02:06 · 10 answers · asked by jnr. boy 1

can amartya sen theory achieved optimum level

2006-08-29 00:11:38 · 9 answers · asked by Anonymous

2006-08-28 20:19:52 · 5 answers · asked by al_uk007 1

2006-08-28 19:59:04 · 4 answers · asked by AKSHATHA S 1

Is there any other way to measure Velocity of money besides using the following formula?
Velocity of money = GDP/Money in circulation

This formula does not make much sense to me. If Money in circulation is constant and GDP does not increase, then Velocity would be constant. But i can imagine hyperinflationary periods were people do not want to hold the money and do exchange it quickly for goods (increasing velocity of money) without GDP increasing (or money in circulation decreasing).

During the Weimar hyperinflation GDP did not increase significantly and money in circulation was always increasing (even printing bank notes only in one side, hiring private printing companies), nevertheless velocity of money was increasing quickly.

So, who has the answer to this "Conundrum"?

2006-08-28 19:29:34 · 1 answers · asked by Pablo P 2

how does land, labor, capital, energy and space become the basic needs of modern industries?

2006-08-28 18:59:16 · 3 answers · asked by Anonymous

2006-08-28 14:34:43 · 6 answers · asked by Keith D 1

The US outsources most manufacturing jobs overseas and technology call centers are now overseas. What jobs and/or products are outsourced to us from other countries?

2006-08-28 13:52:35 · 6 answers · asked by Anonymous

she has about 60k in equity in her place... and nothing else. she needs about 750 per month. the kids are willing to contribute if necessary

2006-08-28 13:29:19 · 3 answers · asked by TIM P 1

Are you ok with that? Do you feel like a SUCKER everytime you put gas in your tank?

2006-08-28 13:23:25 · 12 answers · asked by Anonymous

what does it means and were did it came from

2006-08-28 13:12:57 · 12 answers · asked by Arlyn H 1

Is anyone out there as outraged as I am that municipal, state, and the federal government are "giving" our taxes away to people to start up businesses or to expand. Haven't the government(s) and these corporate welfare recipients ever heard of banks? If anyone can guess what form of government this is, I'll give you the highest possible score.

2006-08-28 12:38:14 · 3 answers · asked by rlw 3

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