Economics - October 2006

200wrds but optional

2006-10-18 05:38:12 · 6 answers · asked by mitsy 1

plz help ...im so confused . thnx :)

2006-10-18 05:05:49 · 6 answers · asked by Anonymous

If Gollum, whose utility is increasing in gold and cash already holds substantial gold reserves,what happens to his demand for gold if the price of gold rises? Is gold a giffen good to Gollum?

2006-10-18 04:47:20 · 1 answers · asked by Matt N 1

a firm has a fixed production cost of 5000 and a constant marginal cost of production of 500 per unit produced.

2006-10-18 02:56:04 · 2 answers · asked by nandi 1

Dividend payout= -18.4006 + 62.0711*DividendTaxAdvantage

It is estimated that $62.07 is the rise in dividend payout with an increase rise in DTA by $1

2006-10-18 00:44:47 · 1 answers · asked by Sailormoon 3

2006-10-17 21:47:19 · 21 answers · asked by harvey4000 3

you have a community, everyone working, everyone comfortable, happy, friendly, a closeknit or undivided community - then you take most wealth off most ppl & give it to one - everyone much unhappier - the many because theyve been robbed & deprived, the one bc everybody hates him, he is isolated from the community, he has to try to protect himself all the time, the extra wealth is merely more than he can use [fairpay satisfied nearly all desires, leaving very little for overwealth to do for him] - EVERYONE MUCH UNHAPPIER - therefore, reversing that change: EVERYONE MUCH HAPPIER

EVERYONE much happier

everyone MUCH HAPPIER

everyone already agrees

who is going to argue that taking 90% off 90% etc is going to make the community better off, happier, more peaceful, more closeknit, less divided?

NO ONE

thrfr there is already a universal unanimous human will to make this change [in the sensible part of the brain]

we just have to catalyse the change with a little talking

2006-10-17 19:49:59 · 4 answers · asked by Anonymous

communism took everything off everyone & gave it to the top man - making one allpowerful & everyone else unpowerful - tyranny theft the most extreme limit injustice wealth-concentration power-concentration inequity inequality unliberty fascism dictatorship - with to-be-expected consequences: paranoia of leader, arbitrary & sudden state mass murder & imprisonment violence danger suspicion distrust fear terror atrocities purges chaos sadism

unlimited-fortunes [uf] capitalism, with its richgeteverricheretc, money-makes-money, second million easier to make than first $1000, legal thefts, wealthconcentration monopolism imperialism corporatism, moves towards the same condition: uf captlsm is now just 10% away from the most extreme limit injustice: 1% get 90% of world income, while doing 1% of work, ie stealing 89% of wealth, ie US$70 trillion/yr, ie US$70,000/family/yr - with similar effects: fascism tyranny dictatorship arbitrary & sudden injustice corruption incompetence brutality etc

2006-10-17 19:30:21 · 3 answers · asked by Anonymous

what wd happen if a govt took 90% of income permnently off 90% of ppl & gave it to 1%? EVERYBODY knows it wd increase violence 100 times or more - & decrease happiness [peace safety democracy law order friendliness trust community lightness laughter love freedom from corruption war tyranny crime disturbance unrest problems trouble pain hate suffering grief anxiety etc] 100fold
everyone KNOWS no govt will try it, everyone is so clear & certn that it wd be totally bad & stupid
therefore everyone is equally clear & certn that STOPPING such inequality/ injustice/ overpay-underpay/ wealth concentration/ theft, will MULTIPLY peace & happiness 100fold
we have today WORSE payrange than this [after 1000s of yrs of richgetricheretc, money makes money, the automatic drift of wealth from earners to nonearners etc]
therefore everyone knows [as soon as they think thru the simple logic here] that economic equality will multiply peace & happiness 100fold

but ppl cnt thnk tday? [tv? bnwshg?]

2006-10-17 18:54:40 · 3 answers · asked by Anonymous

The inflation rate in country x, as measured by changes in the consumer price index, is 5%. Does it mean that every individual's cosy of living has increased by 5%? Explain your answer clearly with 3 reasons.

2006-10-17 18:14:36 · 4 answers · asked by baby gurl p 1

Identify & explain the type of inflation that might occur if the government of a country were to tighten its policy on foreign workers.

2006-10-17 18:10:37 · 3 answers · asked by baby gurl p 1

2006-10-17 17:15:26 · 2 answers · asked by kedrick g 1

answers should cover point related to all the issues related with international 1.exchange rate 2.balanceof payement3.trade agreement
should be of graduate level only.

2006-10-17 17:12:22 · 2 answers · asked by hitu 1

capitalism may be a new name, but its essentials have been around since trade & private property started - the market was always free until interfered with by monopoly [wealth concentration], regulation, etc - freemarket=trade - wealth concentration [overpay, unjust fortunes, legal & illegal theft fortunes] is the enemy of the freemarket, of capitalism - the founding fathers based american democracy-freedom-justice on the just limitation of fortunes, the breaking up of aggregations of wealth by prohibiting entail & primogeniture, fixing clergy salaries, warning against the corprtn, by opposing the richgetricheretc, moneymakesmoney -
why is it hard to see that wealth=power, overwealth=overpower=tyranny=war? the undemocratic & unjust automatic slow relentless separation of wealth[=power] & work means the highpowered can hire the lowpowered to plunder & die for them, means the injustice will fuel fires of violence [robbers & robbed] - endlessly increasing [as we see in all of history]

2006-10-17 16:45:21 · 5 answers · asked by Anonymous

clearly there are many wideopen legal thefts in the economy - as well as the illegal thefts - eg, buy land, others build city, landowners gets paid - eg, inflation an unjust tax - stockmarket reflects national infrastructure growth [created by every worker], & only stockholders get the gain
clearly the incomes & fortunes are not just, ie not proportional to work
clearly the incomes & fortunes are extremely far from just - 225 ppl with as much as 2,500,000,000 ppl -
1% getting 90% of world income, & doing less than 1% of work
clearly richgetricheretc is true & unjust
clearly moneymakesmoney is unjust
clearly transaction is inherently unjust [the two items have to have workvalue of x & x+y, ie have to be different - over trillions of transactions this will move earnings to nonearners steadily]
clearly 'after the first million money multiplies like rabbits' indicates injustice - ditto 'the first $1000 harder to make than the second million' ie, ratio work/pay changes greatly

2006-10-17 16:22:01 · 3 answers · asked by Anonymous

is there a limit to the amount a person can justly truly earn in a lifetime by their work?
their number of hours work is limited - unlikely to be much more than 50 hrs x 50 weeks x 50 yrs = 125,000 hrs
the hardness of working/hr is limited - the hardest working person cannot work more than 10-20% harder than the average hardness of work PER HOUR - slacking will bring down the average a bit, but noticeable slacking gets fired, so maximum slacking is probably 10-20%
PROVIDED YOU PAY TERTIARY STUDENTS FOR STUDYING [which justice will do, bc it is work] there are no sound reasons for higher than average hrly pay
[risk, responsibility, talent, gifts, brains, brawn, skill, experience, scarcity, rare gifts, etc] turn out on examination to be no reasons for higher than av /hr pay [see arguments in other questions & answers of mine here at yahoo]
personal [nonmachineassisted] productivity must be world income divided by world workhrs = US$15/hr [paying homemakers & students too]

2006-10-17 16:01:22 · 1 answers · asked by Anonymous

In economic terms, what was Nicolae Ceau_escu's rationale for banning abortions in Romania? (A question from the FREAKONOMICS student study guide)

2006-10-17 15:12:52 · 3 answers · asked by whirled_queen 3

there is a range of IQ brains excellence gifts talents - is rewarding excellence as odd as rewarding longer leaves on trees? ppl range in their maximum speed of running - so what? ppl range in their desire to train as swimmers - so what?
assuming for the moment [what i dont believe] that there shd be reward for excellence:
how much? who to judge measure quantify define? the market is no judge, bc it pays [sometimes billions]for things like scarcity that have nothing to do with excellence workhardness risk responsibility talent skill experience brains qualifications
billgates is being rewarded for excellence? how do we know he is excellent? no one can measure define judge uncontroversially excellence - we just assume he is excellent bc he gets paid much [circ. arg.] - one wd hav to be a master of excellence to judge excellence, & the nonmasters wd differ from yr opinion anyway
& when u hav quantified excellence, how do u set the reward per unit of excell.?
exc. is its own reward?

2006-10-17 14:21:39 · 2 answers · asked by Anonymous

i am talking about changing minds, not force - i am talking about the possibility that justly limited fortunes IS greater happiness for everyone - that we are making an error - that correcting this error [mindset] can enhance our lives enormously - i am talking about ppl freely thoughtfully coming to WANT justly limited fortunes, for good sound reasons - i am talking about ppl sorting thru their understanding & seeing that they already believe & know justly limited fortunes is correct & good & extremely in their interests
the world is very complex & we have many mental ways of making it more complex, & failing to see the big patterns - ie, the lesson of history, that the state built on injustice cannot stand, & what exactly is injustice & what isnt
EVEN IF U WERE TO BE THE MOST OVERPAID, wd u choose the way things r, with super hyper extreme range of pay/hr violence misery disorder escalating to extinction soon, or moderate range of pay/hr, & happiness [peace liberty frat...]??????

2006-10-17 13:59:18 · 2 answers · asked by Anonymous

Suppose I am the legitimate owner of the only Widgets in the world. Regardless of the price I ask for them, buyers are still completely free in their choice of whether not to buy a Widget. I am not holding them at gunpoint to make them buy. If they don't like the price, they can simply walk - and if everyone walks, then I will have to ask less.

In what sense, then, is the monopoly as such "distorting" the market or making it non-free?

2006-10-17 13:44:38 · 9 answers · asked by Sasha 2

2006-10-17 13:11:21 · 4 answers · asked by jjrbins 1

[fiscal] reward for excellence - the golden calf ppl actually made themselves poorer - they were driven to do it by a desire/need to express portray make visible their wealth - that drive made them poorer & they thought they were richer - they werent, they were poorer, they deceived themselves, they got it wrong, they increased their sufferings, they deprived themselves - which reminds me of the state of humanity today: everyone striving to be richer, to have symbols of their excellence, & quite blind to the selfdeprivation they are causing by that striving - EVERYONE [the 1% paid above avg & the 99% paid below avg] 100 times unhappier - [proof that everyone agrees that we are 100x unhappier: everyone will agree that, if a govt takes 90% off 90% of ppl, that will make everyone 100x unhappier [less peace order liberty democracy safety freemarket economic stability & smoothrunning] ] - but this sound proof makes no impression, starts no braincogs turning
ppl keep reerecting plutocracies

2006-10-17 12:03:03 · 1 answers · asked by Anonymous

2006-10-17 11:46:19 · 1 answers · asked by jarachi93 1

it seems so innocent, so unwrong: reward for excellence - but wait: are we talking about natural gifts or effort? - natural gifts are nothing to do with us: mother nature can take a bow for those, not us - & what is effort? is effortmaking a gift of nature too? is effortmaking even good? or is it an interference with natural ease & grace? does effortmaking cause stress? is it selfharm? does a lion make an effort? does an animal 'push itself' to do things? is it absurd to push yrself? is it more right to be what u are, do what u do, love yrself the way u are? is making an effort like a shorter leaf trying to be like the longer leaves? against nature? odious comparison, selfhate? has pushing yrself become a tyrant, a destroyer, in our culture? feeling guilty for being what you are? I AM WHAT I AM is a definitn of divinity, ie, i never push myself to be other than what i am, i am guiltfree, comparisonfree, i love myself, i trust that i am the length i am supposd to be, i dont fight nature

2006-10-17 11:28:35 · 4 answers · asked by Anonymous

They say some people have more money than sense. Will there come a day when there will be so much of it, "they will be giving it away"? How does the multipler effect work and when in the future, will all be born millionaires?

2006-10-17 11:22:37 · 6 answers · asked by Anonymous

2006-10-17 11:14:21 · 5 answers · asked by army_strong_4u 1

is this the root cause of all our unnecessary miseries, our selfdestruction, our soon selfannihilation?
'to feel better for doing things better than others' 'wd u be happy if you aced the test & got the same grade as someone who just managed to scrape thru? youd stop working hard' '[fiscal] reward for excellence'?
it reminds me i once thought it wd be an excellent idea to have two grades, the usual one for how many of the answers you got right, & another, a grade for how well you did relative to yr personal average - so that the person who easily did well wd have an indication of how well he was doing relative to himself, whether he was improving, & the person who had fewer braingifts cd feel proud of improving relative to himself, not just feel that he was always much less than the smarter ones - the second grade means that more/less gifted are put on a par - the braingift is separated out, & the effort relative to self is highlighted - giving gifted & ungifted a reason to strive

2006-10-17 11:09:43 · 3 answers · asked by Anonymous

2006-10-17 10:20:29 · 8 answers · asked by Anonymous

wouldnt the world be a better place if we just had one single currency instead of each country having its own?

2006-10-17 06:46:09 · 2 answers · asked by lolavitala 1

i need some info on caste and communalism and how severely it was practised in the olden times when India was still struggling for freedom

2006-10-17 06:05:13 · 7 answers · asked by Sadaf M 1