Economics - January 2007

If you were suddenly unable to meet your basic needs, and either had to go into debt to buy food or rely on public assistance, would you be likely to be more or less happy than you are now?

A follow-up from my last question, since people seem to want to view the money vs happiness question from their current standing- i.e. additive instead of subtractive. Clearly, those that are currently living a lavish lifestyle would have a less effusively positive result to being handed a million bucks than a single mom raising 3 kids on a Wal-mart salary. For those that fit into the first category, imagine someone replacing your annual Meditteranean wine country tour with a couple extra shifts at I-Hop.

2007-01-16 04:42:48 · 11 answers · asked by kena2mi 4

I read some articles about the real need of capitalism in our society, but they were all a little biased (against capitalism). I'd like to read something non-biased, which analyses this question from a neutral point of view.

2007-01-16 04:29:48 · 6 answers · asked by si_carmona 1

Is there a way to become India as a Develop country by rich and poor people becoming equal?

2007-01-16 04:03:32 · 11 answers · asked by damara t 1

economics is a social science which studies human behaviour has a relationship between ends and scarce means which have alternative uses.

2007-01-16 03:44:46 · 7 answers · asked by BEGUN B 1

2007-01-16 03:40:27 · 12 answers · asked by Bombshell 2

2007-01-16 03:39:01 · 5 answers · asked by GOPAL N 1

Does the cost-of-living not increase every year as well? AND how long has it been since the minimum wage was increased? Everyone has to suffer because people don't get an education or, worse yet, drop out of high school?? Yeah some people lose jobs but the ones that are left are the best for the job anyway, giving us better service and goods allowing us to compete with other nations. Maybe I'm wrong, I'm open minded so let me know.. please don't just rant off without some kind of data to back you up.

2007-01-16 03:27:33 · 13 answers · asked by riogrande_texas 1

I live in us and we are constantly reminded about our soaring debt and deficit and we owe china a bunch of money. how it got this way i dont know.
does u.k. have any of this?

2007-01-16 02:58:15 · 10 answers · asked by Anonymous

My theory...the old boy network...top leaders of industry are in cahoots with ministers...?...please comment

2007-01-16 02:36:23 · 11 answers · asked by Keith W 2

2007-01-16 02:08:07 · 18 answers · asked by Anonymous

2007-01-16 02:02:29 · 5 answers · asked by offthewall 1

questioner-m.arjun prasath
dav senior secondary(boys)mogappair

2007-01-16 01:35:49 · 13 answers · asked by anand w 1

2007-01-16 01:04:28 · 3 answers · asked by aakriti 1

Who works out how much money each country can print? Do you have to have an equivalent amount of gold for the output of currency?

2007-01-16 00:53:49 · 8 answers · asked by me 1

And what determines how they are adjusted, the effects etc..is it a predictable course, eg a cycle every few years? Assume I have no knowledge. Thanks

2007-01-15 23:44:12 · 4 answers · asked by teary chocolate 3

2007-01-15 21:26:19 · 8 answers · asked by anjali 1

2007-01-15 20:52:07 · 5 answers · asked by pintu k 1

A. In contrast to Puritan New England, Catholic refugee settlements dominated the region.
B. South Carolina and Georgia had replaced the Chesapeake Bay colonies as the economic engines of the region.
C. Most European colonists lived along the coast and made their living from Atlantic trade.
D. The production of staple crops like tobacco, rice, and indigo by indentured servants or enslaved Africans drove the region's economy.
E. The economy was based mostly on the fur and deerskin trades, and English settlers lived mainly in small commercial centers.

2007-01-15 18:47:49 · 2 answers · asked by Patrick 2

2007-01-15 16:14:54 · 2 answers · asked by alan_district 3

2007-01-15 15:51:06 · 9 answers · asked by Manish Ahuja 1

Is it realy the man make more money than the woman.?

2007-01-15 15:11:42 · 5 answers · asked by soleng k 1

i know, its tupac's question

2007-01-15 14:58:59 · 15 answers · asked by SUPERMAN 4

2007-01-15 14:57:46 · 13 answers · asked by SUPERMAN 4

2007-01-15 14:06:35 · 3 answers · asked by siva 1

All it will do is cause inflation. It will aslo cause buisness owners to have to cut people. People who make the minimum wage earn the minimum. They can complain all they want about how they deserve more money and they need more money, but anyone who makes the minimum wage it is their fault and maybe they hsould work on getting better jobs and leave those jobs for teens, i will need one in a couple of years

2007-01-15 13:42:35 · 17 answers · asked by jon 1

Many countries have very low nominal incomes. For example, India has an GDP per capita of $705, but it's PPP(purchasing power parity) is $3,320. Since their nominal income results in a PPP income of almost 5 times as much, does that mean that their money goes further? If I took $50,000 to India, would my income be almost 5 times as much there? Do televisions and computers cost less there? How about building costs for a house? Clothes? I am trying to figure out an apples to apples comparison of products and services.

2007-01-15 12:31:22 · 7 answers · asked by pi 1

business cycle are:
a) military goods and capital goods
b) services and nondurable consumer goods
c) clothing and education
d) services and nondurable consumer goods

2007-01-15 11:12:25 · 1 answers · asked by Deborah S 1

I need help with these 6 questions from my economic HW final and I have less than 5 hours to answers these questions....

1) What is the difference between constant and current dollars?

2) What evidence is there that unions have been successful?

3) What is the biggest expense of most corporations? How do they reduce that expense?

4) Why are professional ball players paid more than doctors?

5) How does the market system encourage low prices and high quality?

6) Why is tax on gas a fair way to pay for roads?


I need these questions answered in quite complete sentences but lists are OK so yeah....also, please include source websites

whoever got the most accurate answers w/ sources will get 10 points from me....

thankz!

2007-01-15 10:34:32 · 2 answers · asked by Anonymous

How much would it be? I'm doing a restaurant menu for a french project and it's a lot easier if you know the unit rate for a euro. Is it 100 euros=$1?Thanks for any help!

2007-01-15 09:29:26 · 10 answers · asked by hawaii_swim_girl 1

2007-01-15 08:44:38 · 5 answers · asked by adk 1