Economics - January 2007

what is normative economic analysis

2007-01-22 12:59:58 · 3 answers · asked by duo_poon 2

I just want a head start on my poster =) Please help me.

2007-01-22 12:57:36 · 3 answers · asked by »º« Omar »º« 3

For example, say theres a 10 pound bag of potatoes for $3.00 and a 5 pound bag of potatoes for $2.00, he only has enough money to buy the 5 pound bag. It seems as if a person with more money can save a lot more money than a poor person can. I think another reason is that a poor person has to borrow money now and then and pay back interest, where as a person with more money would not have to borrow as often and pay back interest. Can you think of some more reasons? I think a good question to ask also is why the rich get richer, but I think I will do that later, or let someone else ask, but if you want to comment on that too, go ahead.

2007-01-22 12:47:48 · 7 answers · asked by Anonymous

To reduce imports of foreign oil, it has been proposed that the United States impose a substantial tax on gasoline. However, it is well known that the short-run elasticity of demand for gasoline is very low. What will happen to the total quantity of gasoline sold if there is an additional gas tax?

2007-01-22 12:22:14 · 1 answers · asked by Anonymous

Should university (or college for US) places be allocated in this way?

2007-01-22 11:10:28 · 5 answers · asked by DeZZy 2

2007-01-22 10:23:26 · 7 answers · asked by j_ocampo05 1

what does the government do to protect and/or promote this social goal and explain why you think this policy is beneficial, which do you think is the least importaint and what government policys promote or protect this goal?

2007-01-22 10:01:40 · 2 answers · asked by Anonymous

2007-01-22 10:00:18 · 2 answers · asked by shih rips 6

asses the validity of the question i just asked.

please please help.

i've been absent for 2 weeks & i have no idea whats going on.!

2007-01-22 09:58:08 · 1 answers · asked by JAZZY. 1

please help.

its an example of whats going to be on my midterm !

PLEASE HELP!

2007-01-22 09:44:01 · 3 answers · asked by JAZZY. 1

How is the base rate determined and when it rises does it apply to all credit or just mortgages or what?

2007-01-22 09:00:03 · 9 answers · asked by returnofkarlos 2

I hear of billionairs trying to help in 3rd world countries, mainly africa. But their approach seems like only helping a handful of people (like oprah winfreys school).

Why dont they build water-pipeline infastructure, or desalinazation plants to convert saltwater into fresh water? or build some type of infastructure to avoid the common problems of starvation, lack of clean water, etc.

It seems to me that even with the weak american dollar its still worth 1000's of times more than the local currency and that money could be used to build stuff?

2007-01-22 07:20:37 · 15 answers · asked by TheAnswerGuy 2

2007-01-22 07:14:53 · 3 answers · asked by aburke51 1

I just wonder if it would be different if Tibet had vast reserves of oil.

2007-01-22 06:33:14 · 20 answers · asked by Anonymous

2007-01-22 05:57:22 · 3 answers · asked by shane h 1

2007-01-22 05:51:59 · 12 answers · asked by Anonymous

Discuss why demand and supply analysis cannot always explain events in the oil market.Focus your attention on the short-run and the long-run adjustments in the oil market in your analysis.

2007-01-22 05:23:14 · 9 answers · asked by slim p 2

with the loss of 3 major shops leaving, I am trying to find the impact it is haveing on our economy in Jackson County only

2007-01-22 05:22:11 · 1 answers · asked by scooter 1

I am doing a project on this topic and I am having some trouble finding the differences.
I need lots of help on this so as many answers as possible would be great!

2007-01-22 04:43:43 · 2 answers · asked by Savanha 2

I have a coworker tell me that he doesnt like sports anymore because there were alot better players back in the day and they never made what the weakest players make now and i dont agree with him becuase it was a completely different era. so i want to know how the economy has changed and why to cause such a big difference in prices.

2007-01-22 04:40:58 · 5 answers · asked by HARLEM 2

it has been sid that there is a klose similarity bt it has been noticed that there specific differences between the two.

2007-01-22 04:17:38 · 2 answers · asked by EMEKA I 1

That is 20 percent of the people do 80 percent of the work and 80 percent of the people do only 20 percent of the work in any organisation.

2007-01-22 04:06:19 · 5 answers · asked by manish g 2

2007-01-22 03:58:30 · 2 answers · asked by lost 2

in easy language if possible...thank you

2007-01-22 03:57:56 · 1 answers · asked by The dude 5

Some one said to me to find out the percent of people living in poverty in south America and China

they said to compare the poverty rates from 50 years ago and the poverty rates now.

they said that Chinas communist system was better at reducing poverty than the western capitalist system in Latin America.

can some one help me find the figures.

is this true?

2007-01-22 02:56:39 · 2 answers · asked by speedball182 3

2007-01-22 02:48:13 · 7 answers · asked by Anonymous

We take pride in the fact that ours is the largest democracy. We have elected bodies, who frame laws in the framework of a consttution. When issues are to be decided by voting, why do so many issues are taken to the streets? There are inumerable Bandhs, Rasta Rokos, huge processions et al hitting the country's economy and the life of common man in paricular? How is the freedom of an individual who has the right to work to earn a decent living protected? How is the common man protected against the exploitations of self-centred politicians?

2007-01-22 02:25:23 · 3 answers · asked by sunita 2

Reuters is suggesting 6% in the near term.

2007-01-22 02:06:58 · 1 answers · asked by LongJohns 7

2007-01-22 01:07:57 · 6 answers · asked by Anonymous

Is this news overhyped? I have yet to really understand why everybody anxiously waits on this news so much . They talk about it like it is opening up a water faucet or something to allow more money in the economy or not? I understand it may give loaner banks a little more incentive or not to loan money , but seriously do you think it is really that big of a indicator as to where the economy is going to head?

Also where does the money go that is already in the economy? Does it just evaporate or something? Why do we always have to depend on more and more money being printed up?

2007-01-22 00:58:38 · 7 answers · asked by Anonymous