Economics - January 2007

I thought it would be US dollar because america is the richest country. but the exchange rate against other currencies like the british pound and the euro is poor. so if the wealth of a country doesnt determine the strength of a currency what does? and what is the strongest currency in the world? and is having a strong currency really a good thing?

2007-01-24 03:59:19 · 8 answers · asked by vibrance0404 3

I'm just curious. Take for instance famous people getting divorced. I heard recently that the soon to be ex wife was offered over $50 million dollars as a settlement and that wasn't good enough!!!! Are you kidding me? How much money do you really need? You know she won't be donating to charities or helping mankind in anyway, so why is that not enough?
I understand that some rich people work their butts off to earn their money, and they can spend it anyway they want, but when there are people starving, economies crashing, wars happening, and our environment dying and they are dropping $100,000 a night in Vegas or buying their umpteenth car I just don't see how that makes sense.
I know there are a lot of celebrities and rich people that do donate their time and money to cancer research, environment studies, children's organizations etc, but what about the millions of people that have more money they they can ever spend and just spend it on lavish things that are uneccesary?

2007-01-24 03:56:07 · 2 answers · asked by starlet_80 3

2007-01-24 03:26:57 · 7 answers · asked by Anonymous

2007-01-24 02:56:43 · 6 answers · asked by Ruwan P 1

2007-01-24 01:17:54 · 1 answers · asked by JoJO 1

My macroeconomics professor gave us this question. I don't have my books yet and need the formulas and/or some help in figuring it out. He gave us the figures for: Personal consumption expenditures, imports, net private domestic investments, government purchases of goods and services, exports, capital consumption allowance, indirect business taxes, receipts of factor incomes from abroad, and payment of income to factors abroad.

I need the formula(s) that I would need to reach the answers to the following questions: What is the gross domestic product for this economy? What is the net domestic product for this economy? What is the national income for this economy? What is the gross private domestic investment for this econonmy?

Also is there a web site where I can get homework/tutoring for macroeconomics? Thank you.

2007-01-24 00:58:12 · 2 answers · asked by capricorn 2

2007-01-24 00:52:57 · 7 answers · asked by bobreeduk 1

Positive and negative externalities

2007-01-24 00:08:37 · 1 answers · asked by Anonymous

2007-01-23 23:50:55 · 12 answers · asked by ekuin g 1

2007-01-23 23:45:25 · 6 answers · asked by jani 1

2007-01-23 23:43:55 · 3 answers · asked by jani 1

it's an economic question and i think it is something to do with oil prices or bonds

2007-01-23 23:33:59 · 4 answers · asked by Anonymous

currency exchange rate

2007-01-23 22:42:13 · 3 answers · asked by advaychoubey 1

little paragraph about definition of man-made disaster.

2007-01-23 22:40:48 · 14 answers · asked by angad 1

If everything goes smoothly, these four countries will become the most attractive region in the world for placing direct as well as portfolio investment," Goldman Sachs states in its report Brazil, Russia, India and China - A Road in 2050. Indian economy will be ahead to USA in same period of time.

http://www.rediff.com/money/2003/oct/13shyam.htm
http://www.number10.gov.uk/output/Page5555.asp

2007-01-23 22:14:02 · 4 answers · asked by Gohan 2

The days of the British Raj saw education resulting in Indian workforce largely ending up in such a situation catering the needs of the Imperial govt. Is the businesses being conducted today by foreign and Indian IT giants and the attractive salaries received by the professionals going to result in wholesome development of the country?I THINK THIS IS GOING TO RESULT IN A HIGHLY SKEWED DEVELOPMENT OF THE ECONOMY OF THE COUNTRY UNLESS THE GOVT. AND THE MARKET CORRECTS THIS COURSE IN TIME AND IN AN APPROPRIATE MANNER. Do you agree or share my concern or do you differ? and why?

2007-01-23 22:04:50 · 4 answers · asked by blessed souls 2

I've been hearing bits and fragments about this topic, that started when Iran replaced the dollar with the Euro as it's foreign trade currency. Some people point out that if that were ever to happen on a wider scale, the U.S economy would collapse due in part to the 7 trillion debt (33% of which is to foreign nations/enterprises) that would have to be paid by a currency the U.S would have to buy instead of just paying in U.S dollars.

I'm not an economist, but I hope that someone with a background on banking/economics would clear it up, away from propaganda, ideology ..etc.

2007-01-23 21:21:26 · 1 answers · asked by Yousef K 1

the question means that how the problems like
(1)collecting revenue
(2)bhrashtrachar
(3)spending govt. money in many unusable matters
etc. can be solved?

2007-01-23 21:00:42 · 2 answers · asked by harsh 1

their capital

2007-01-23 20:27:24 · 1 answers · asked by Demola A 1

...then, the 2nd and the 3rd

2007-01-23 20:07:28 · 4 answers · asked by Demola A 1

2007-01-23 20:02:26 · 8 answers · asked by lisss001 1

2007-01-23 20:00:45 · 7 answers · asked by akash 1

2007-01-23 19:43:32 · 1 answers · asked by Anonymous

Even farmers in developed countries like Germany are against Genetically modified seeds.

2007-01-23 19:22:33 · 2 answers · asked by Balamurugan G 1

a.the amount of the other good which must be given up.
b. the market price of the additional amount produced.
c. the amount of resources which must be devoted to its production.
d. the number of dollars which must be spent to produce it.
e. the ratio of the two goods

2007-01-23 18:27:29 · 1 answers · asked by Deysi R 1

I am looking for easy to understand information on where actual productive (in the sense of producing goods and servicies and ignoring things like financial speculation, rents, interest etc) economic activity. In the form of a map would be nice, but I am not sure how much detail I want...

Also are there words for what I am talking about here because I am very unclear what I should call it (which I why I didn't search google).

2007-01-23 17:39:34 · 2 answers · asked by Anonymous

Does that mean that a common man in India would be richer than a common man in America by 2050? If no then what does it exactly mean. (this is a BRIC's report)

2007-01-23 16:37:15 · 6 answers · asked by Robin 2

2007-01-23 16:26:51 · 8 answers · asked by Mave Rick 1

The bulk of my work background is 3 years security guard work, and 1 year customer service over the phone. Everything else has been small telemarketing jobs not even worth putting on my resume.I had about 2 years of college and no A.A. degree. I have'nt worked since April to persue my dreams.

But now I've had enough, I need to get paid again.

Any jobs out there I can get land with my horrible work history with a rate of 12?

2007-01-23 15:43:12 · 4 answers · asked by MrRiches 2

2007-01-23 15:37:26 · 6 answers · asked by VND 1