Economics - February 2007

Socially (and that includes economically) the world is undergoing a transition. It is often stated that the world's resources cannot sustain a China or India, for example, with the economic prowess of the United States. Familiar phrases that are thrown around are "energy crisis" and "environmental crisis". It would seem, however, that the fundamental issue that is common to all these social crises is huge demand relative to resource supply. This leads some people to contend that the REAL issue is global overpopulation.

On the other hand, without a growing population developed countries cannot continue the process of innovation which generates increased economic efficiency and developing countries may not have the intellectual resources (smaller pool) to grow, as well. Furthermore, outside of a single country (such as China), it is difficult to enforce population controls.

The question then is: Is the real problem globally overpopulation and if so, how can we fix it?

2007-02-22 10:56:05 · 4 answers · asked by Anonymous

2007-02-22 10:45:53 · 1 answers · asked by beep 1

OK. This is almost completely against my disposition but I once asked this question to a young group of students when I taught at the university. Thought it might make for a fun question here.

Suppose you were a superhero like Superman. Unlike Superman, however, you don't have a day job. You need to earn a living being a superhero. How much would you charge to save a single large city (say, New York) from destruction by a supervillain? If you don't thwart the supervillain's efforts, one million people will die. You will only prevent the event from occuring but will not actually capture the supervillain.

2007-02-22 10:39:08 · 8 answers · asked by Anonymous

What will happen the the world , economy , people , infrastructure when people stop relying on gasoline and oil?


......and why can't it be sooner?

2007-02-22 09:57:04 · 3 answers · asked by DOC Holliday 3

2007-02-22 09:11:55 · 1 answers · asked by gusi_chs1 1

What are the concerns, major and minor, with inflation? I'm not exactly sure why it's such a bad thing.

2007-02-22 08:43:35 · 7 answers · asked by Tina 5

2007-02-22 08:39:22 · 1 answers · asked by Anonymous

I know this is nopt even possible, but just emagine. I think I would wait one, maybe five seconds and then retire. The rest I would then give to charities across the globe.

2007-02-22 07:38:59 · 10 answers · asked by Anonymous

The US Treasury usurpted its constitutional authority to coin and regulate the value of Americas money, in violation of the US Constitution Article 1, Sec. 8,10

2007-02-22 07:05:07 · 4 answers · asked by Old Truth Traveler 3

i need from any one to answer that question to explane the real GDP, nominal GDP, the tools of macroeconomic, the major activites and the aggregate supply and demand with it's curve for eash one.pleas answer it with good explane and more details

2007-02-22 06:57:09 · 5 answers · asked by Anonymous

i want to know the macroeconomic theory,the objective or goals of the theory.

2007-02-22 06:13:52 · 6 answers · asked by mansour_mahmoudmansour 1

2007-02-22 06:12:21 · 3 answers · asked by Anonymous

im jus wondering who is the richiest guy in the world?

2007-02-22 06:08:58 · 24 answers · asked by Anonymous

When they could be given freely as a birth right to all people.

2007-02-22 06:03:52 · 1 answers · asked by Tony N 3

Esp. the predecessors fail to do so and with the Great Depression take into consideration.

2007-02-22 05:43:46 · 8 answers · asked by Anonymous

1.How might you determine wether compact discs and cassettes are in competition with each other??

2. Opponents of increasing the tax on gasoline argue that the big oil companies just pass the tax along to the consumers. Do you agree or disagree?

tHanks for your help!

2007-02-22 04:34:30 · 2 answers · asked by CM 1

You might as well be dead. I'm learning this the hard way right now. All of the money has been made in this country, and shame on our mothers for giving birth in these circumstances. Why don't we all commit a mass suicide to show personal pride?

2007-02-22 04:23:49 · 12 answers · asked by lvillejj 4

Can someone please help me with this economics questions:

1.Charles loves Mello Yello and will spend $10 per week on the product no matter what the price. What is his price elasticity of demand for Mello Yello??

2. The energizer bunny that "keeps going and going" had been a very successful ad campaing for batteries. What is the relationship with this slogan and the firms price elasticity of demand and total revenue???

Thanks a lot for those who helped.

2007-02-22 04:16:36 · 0 answers · asked by CM 1

Some firms have been criticized for targeting unwholesome products to certain segments of the market. Should the government oversee and control such marketing activities?

2007-02-22 04:12:23 · 5 answers · asked by Angela L 1

Help! Please give me sources or articles which offer interesting/insightful CURRENT news about ECONOMICS. The news may be about economic events, statistics, etc. (e.g. I-pod Index). Have a major project which requires such data. Thanks in advance! :)

2007-02-22 03:06:43 · 4 answers · asked by Rich 1

Surely they earn enough money off people with all their fee's without making the exchange rate so bad - is it legal for them to do this?

2007-02-22 03:03:11 · 1 answers · asked by purplerain 2

that are mainly Christians, do they have God mentioned on their money? And do any other countries have their god or faith mentioned on their money? Like Buddha or Ra?

2007-02-22 02:46:07 · 6 answers · asked by Anonymous

2007-02-22 02:42:43 · 2 answers · asked by dimondprincess_89 1

do you think the black market should be eliminated?
in drugs, human organs, and so forth.
please state some reasons, too
thanks in advance :)

2007-02-22 02:38:30 · 3 answers · asked by wordsofapoet 4

Today, it is roughly 10%.

Part of the reason, obviously, is that the denominator has increased --- there is more total oil produced globally.

Generally, global markets are relatively efficient and the "where" does not matter to businesses and consumers. But with today's energy, much of the global supply is located in regions with instable or unfriendly governments. That fact, coupled with energy-hungry, rapidly growing Asian economies seems to suggest that domestic energy creation is needed at home.


The question:
Should the United States undergo massive investment into energy infrastructure, along with targeting NSF grants toward developing new forms of energy?

Can we afford a massive investment, considering the retiree obligations looming in the next decade?

With the number of US scientists and engineers shrinking, would such investment even produce results?

2007-02-22 01:59:48 · 2 answers · asked by Anonymous

do you think the underground economy should be eliminated?
in drugs, human organs, cigars, and so forth.
please state some reasons, too
thanks in advance :)

2007-02-22 01:51:13 · 4 answers · asked by wordsofapoet 4

2007-02-22 01:45:33 · 1 answers · asked by tamara t 1

i came across 3 dollar bills with blue seals with 1939 as the year on them can anyone explain to me what they are?

2007-02-22 00:56:45 · 4 answers · asked by ARTHUR A 1

2007-02-21 23:45:52 · 2 answers · asked by beer buddy 1

Four students from your economics class are sitting in a local restaurant discussing the market for coffee.
Below are quotes from each of the four students. Which quote contains incorrect economic analysis?
a. John: \If Brazil is hit hard by such a severe freeze that half of its crop is wiped out, then the price
of coffee will probably rise."
b. Paul: \If the price of caffeinated soft drinks such as Mountain Dew went down, then consumer
demand for coffee would go down since they're substitutes for each other."
c. Erin:If coffee drinkers expect the price of coffee to rise next month, then current demand will go
up and lead to a price increase this month."
d. Amanda: \If the demand for coffee were to increase, then I would expect the price to rise, which
would then cause the demand to fall back down to its original position."
e. none of the above. All of the quotes contain correct economic analysis.

2007-02-21 22:36:00 · 5 answers · asked by Anonymous