Economics - November 2006

2006-11-08 13:35:49 · 3 answers · asked by Anonymous

2006-11-08 13:26:52 · 2 answers · asked by Anonymous

If you would like to tell me about how this functions versus countries with minimum wage, then please do. Please DO NOT post theoretical answers of what SHOULD happen. Only post answers please of what is actually happening in such countries. Thank you.

2006-11-08 13:10:59 · 1 answers · asked by Steven 2

2006-11-08 12:32:22 · 7 answers · asked by Jacks036 5

2006-11-08 11:23:09 · 1 answers · asked by Meowmixtape 4

2006-11-08 10:57:24 · 1 answers · asked by Anonymous

Are the following workers more likely to experience short term or long term unemployment and why?

a. a construction worker laid off because of bad weather
b. a manufacturing worker who loses her job at a plant in an isolated area
c. a stage coach industry worker laid off because of competition from railroads
d. a short order cook who loses his job when a new restaurant opens across the street
e. an expert welder with little formal education who loses her job when the company installs automatic welding machinery

Thanks.

2006-11-08 10:35:27 · 2 answers · asked by Soccer Stud 2

10 points for the first answer!

2006-11-08 10:32:05 · 2 answers · asked by Terry L 2

Conservatives generally support business, which is good. Our current system of insurance rides squarely on the backs of employers. The system is broken and employers can't afford it.

If the government pays for health care, our taxes would go up. But we would not be paying health-care premiums. That's HUGE! Employers would not be paying health care premiums, also HUGE. The savings to employers could maybe be split between salaries and the company, both parties benefit.

People would then have more money to spend and improve the economy. Business would have more money to invest and sustain itself.

The devil is in the details: how do you get it all to work? But it seems like the IDEA would be good for all. So, without calling names, I'd like to know why this idea couldn't work.

2006-11-08 10:03:19 · 8 answers · asked by MathGuy 3

Does anyone know a link that shows statistical data (inflation rates and unemployment rates) for the 60s or 70s. I have seen graphs that outline the Phillips curve for these time periods but I can't find any exact numbers...like in 1972 unemployment rate was 4.2 and inflation was 2.1 percent.

Can anyone tell me a link? Thanks

2006-11-08 10:01:25 · 1 answers · asked by Caleb2 2

2006-11-08 09:58:03 · 6 answers · asked by Anonymous

$5.a hour for 40 hours is only $200. Then taxes is taken out. Then they pay for gas to get to work if no public transportation, maintenaince on the car, auto insurance, health insurance, rent, utilities, food. Most don't have health care, how could they? Even at this wage, working 80 hours a week. With a trade $10. a hour, vetinarian $20. a hour. So much for college. Poverty. living on credit, why isn't the minimum wage being raised? So a few in big business can drive around in cars that cost more then these people make in a year. What's wrong with this picture?

2006-11-08 09:18:48 · 12 answers · asked by troubled 2

During WW2 there were Utility products. You had a choice- Take it or leave it. Wouldn't life be easier today with less choice?

2006-11-08 08:51:13 · 9 answers · asked by Anonymous

What could people do to earn more money?

2006-11-08 08:47:29 · 6 answers · asked by Anonymous

2006-11-08 08:40:14 · 3 answers · asked by riena c 1

I'm a small business owner and I need to hire 2 people for my business. In fact my business needs these 2 people to stay in business. I know I can afford to hire these 2 people at 6 dollars each. I hire 2 people who are high school drop outs and this is the only job they can find. They make the choice to work for me. I get the help I need and they get good experience for their resume. I expect them to use this job to aquire skills that will help them get a better paying job. In other words I expect them to use this job as a hand up. If minimum wage is increased to $7.00 I can only afford to hire one person. But I need 2 to run my business so I have to go out of business. Now I'm hurt because I no longer have a business and the two people I had employed are hurt because they no longer have a job. What do they do now? How is a minimum wage increase good for our country??

2006-11-08 08:32:36 · 3 answers · asked by Anonymous

2006-11-08 07:23:30 · 9 answers · asked by some cool gal 1

Suppose the demand for bagels rises dramatically while the demand for breakfast cereal falls. Briefly, explain how the competitive market economy will make the needed adjustments to reestablish an efficient allocation of society’s scarce resources.

2006-11-08 07:12:39 · 2 answers · asked by Kathy 1

Differentiate between Gross Domestic Product (GDP), Net Domestic Product (NDP) and Gross National Product (GNP) and what are different ways of measuring GDP.

2006-11-08 06:48:15 · 2 answers · asked by Anonymous

2006-11-08 05:55:54 · 3 answers · asked by leo_sexy83 1

I heard yesterday that the city I live in has a poverty rate of 25%. I was wondering what the average poverty rate is for the United States? Is there anywhere online I can go to look at poverty rates for average American cities?

2006-11-08 05:52:42 · 2 answers · asked by starfishblues 4

2006-11-08 05:39:58 · 3 answers · asked by Ankit 1

the curreny have these words. which country it have

2006-11-08 05:28:02 · 10 answers · asked by sri n 1

2006-11-08 05:23:21 · 1 answers · asked by zahe 1

When should social security privatization funding start?
Ideas on privatization
How should privatized monies be used?

2006-11-08 05:12:43 · 4 answers · asked by Gina D 1

http://uk.yahoo.com/r/ty/8/pt
What do you think of this new initiative? The only problem is it is far too expensive for the average smoker. Please give me your opinions on this but please no lectures on how bad it is etc. this is not about a health issue, I'm interested in it from a business point of view.

2006-11-08 03:09:23 · 24 answers · asked by Luvfactory 5

is the quantity of dental care demanded very responsive to a change in price?

2006-11-08 02:36:44 · 7 answers · asked by ameer 1

I do think that though it has been kept in abeyance due to technological advances and improved health care, it holds good and perhaps the next big curb is around the corner .. what do you think?

2006-11-08 02:18:14 · 3 answers · asked by DemonInLove 3

2006-11-08 02:12:42 · 9 answers · asked by Anonymous

Q= Quantity = 500 - Price so P = Price = 500 - Q. There is a fixed cost of 30,000 and a marginal cost of 100 *Q. Please help me find max price and quantity. My hunch is that

Max Price = 496
Max Quantity = 4
Profit = 1984

2006-11-08 01:49:26 · 1 answers · asked by The One Truth 4