Economics - February 2007

2007-02-01 14:13:07 · 2 answers · asked by Anonymous

2007-02-01 13:36:13 · 4 answers · asked by megalomaniac 7

2007-02-01 13:16:47 · 6 answers · asked by kristel 1

Is this equation constant returns to scale:

Y=K(exponent 0.5) L(exponent 0.5)

2007-02-01 12:57:05 · 2 answers · asked by Anonymous

Does the government blow huge chunks of its income on drugs, gambling and prostitution, like a lot of people do? Does the government spend $100,000 on a monument to its dead dog, like I heard of a guy doing? Does the government buy fancy cars, jewelry and mansions like people do when they start making a lot of money? Does the government give its chief executive hundreds of millions of dollars in stock options?

2007-02-01 11:37:28 · 6 answers · asked by rollo_tomassi423 6

Can you refer me to a study which takes into account average gross wages, income taxes, the costs of mortgages/ property rental, gas (petrol), groceries and so on?

2007-02-01 10:58:56 · 9 answers · asked by henners1979 2

Is there an economic reason why yen values of items are high compared to other currency values?

2007-02-01 10:18:09 · 1 answers · asked by Anonymous

Is there any reason why inflation would be a good thing?

2007-02-01 10:15:27 · 2 answers · asked by Anonymous

What is economic research like at the doctoral level, as a professor? I am wondering if I would be interested

2007-02-01 08:48:00 · 1 answers · asked by MrPodpechan 1

2007-02-01 08:34:46 · 10 answers · asked by Scart 1

2007-02-01 07:39:20 · 2 answers · asked by Do you know your stuff? 1

When the Federal Reserve starts the process of monetarty policy how does it affect international trrade and our domestic american economy? (The implementation of monetary policy)

2007-02-01 07:37:57 · 2 answers · asked by Do you know your stuff? 1

how does an economy recovers from a downturn and returns from a boom?

2007-02-01 07:34:04 · 3 answers · asked by Do you know your stuff? 1

I am a student in an International economics class and we are all having trouble with this one.

2007-02-01 07:16:59 · 5 answers · asked by ? 1

I am trying to find historic GDP data (from about 1875 to present) for the countries of Europe, for China, for Japan, and for Africa in general. Any idea of where I can find this info? Thanks!

2007-02-01 06:58:03 · 2 answers · asked by Anonymous

in indian rupees

2007-02-01 05:51:16 · 5 answers · asked by brightson t 1

Top 10 countries the US exports goods and services to

2007-02-01 05:34:05 · 3 answers · asked by martinez_bonnie1 1

I´m an American in Spain and have been using travellers checks. I noticed that every time I exchange travel´s checks, that the dollar has gotten lower. Its amounting to be about 1 or 2 dollars lost per week. Should i cash in all my checks now and open up an account in euros ? I´m going to be here until june, do you think the dollar will possibly go up, or will it stay basically the same or will it continue to go down?

2007-02-01 05:14:13 · 6 answers · asked by the Bruja is back 5

And why do you think so?

2007-02-01 04:49:00 · 5 answers · asked by Anonymous

2007-02-01 04:47:07 · 8 answers · asked by Anonymous

Ok, as a country, we spend a bazillion dollars a year on "healthcare". For each dollar we spend, who gets it? I mean EVERYTHING. For example, 7 cents goes to doctor's salaries, 4 cents goes to health insurance companies for overhead and profit, 2 cents goes to office supplies, 12 cents to drug companies, 3 cents to malpractice lawyers, etc, etc, etc.

2007-02-01 04:46:46 · 5 answers · asked by carol 1

can i have a poster on mixed economy which gives information about it and has lots of pictures?please help due tommorow.

2007-02-01 03:45:21 · 3 answers · asked by surabhi 1

Here is the question

$1 in a stock yeilds Rs, $1 in a bond yeilds Rb

Rs is random with a mean .08 and SD of .07

Rb is random with a mean .05 and SD of .04

Correlation of Rs and Rb is .25

If you place a fraction w of your money in the stock fund and the rest, 1-w, in the bond fund, then your return on you investment is

R=wRs+(1-w)Rb

A. Suppose that w=.5 Compute the mean and SD of R.??
B Suppose that w=.75 Compute the mean and SD of R.??
C What value of w makes the mean of R as large as possible? What is the SD of R for this value of w?
D. What us the value of w that minimizes the SD of R??

2007-02-01 03:43:31 · 2 answers · asked by mstein1017 1

It seems like lower and middle class America are now grouped as one, while a larger portion of the population seems to be getting richer every day.

2007-02-01 03:42:47 · 17 answers · asked by mjasfvpld 2

2007-02-01 03:16:04 · 3 answers · asked by hoag1369 1

I know it's skyrocketed in the past 6 mos-1 yr, but I'm looking for historical context.

2007-02-01 03:03:59 · 2 answers · asked by anidealworld 2

we talk of economic progress but 35% to 45% of population is below poverty line and most youth are under employed.just because they do not have fluency and expression of english.

2007-02-01 02:42:03 · 11 answers · asked by SC S 1

2007-02-01 02:03:11 · 4 answers · asked by Gerry Mander 2

Modern analysis emphasizes that human beings are not "commodities"" or "resources", but are creative and social beings that make contributions beyond 'labor' to a society and to civilization. The broad term human capital has evolved to contain some of this complexity, and in micro-economics the term "firm-specific human capital" has come to represent a meaning of the term "human resources."

Advocating the central role of "human resources" or human capital in enterprises and societies has been a traditional role of socialist parties, who claim that value is primarily created by their activity, and accordingly justify a larger claim of profits or relief from these enterprises or societies. Critics say this is just a bargaining tactic which grew out of various practices of medieval European guilds into the modern trade union and collective bargaining unit.

A contrary view, common to capitalist parties, is that it is the infrastructural capital and (what they call) intellectual capital owned and fused by "management" that provides most value in financial capital terms. This likewise justifies a bargaining position and a general view that "human resources" are interchangeable.

A significant sign of consensus on this latter point is the ISO 9000 series of standards which requires a "job description" of every participant in a productive enterprise. In general, heavily unionized nations such as France and Germany have adopted and encouraged such descriptions especially within trade unions. One view of this trend is that a strong social consensus on political economy and a good social welfare system facilitates labor mobility and tends to make the entire economy more productive, as labor can move from one enterprise to another with little controversy or difficulty in adapting.

An important controversy regarding labor mobility illustrates the broader philosophical issue with usage of the phrase "human resources": governments of developing nations often regard developed nations that encourage immigration or "guest workers" as appropriating human capital that is rightfully part of the developing nation and required to further its growth as a civilization. They argue that this appropriation is similar to colonial commodity fiat wherein a colonizing European power would define an arbitrary price for natural resources, extracting which diminished national natural capital.

The debate regarding "human resources" versus human capital thus in many ways echoes the debate regarding natural resources versus natural capital. Over time the United Nations have come to more generally support the developing nations' point of view, and have requested significant offsetting "foreign aid" contributions so that a developing nation losing human capital does not lose the capacity to continue to train new people in trades, professions, and the arts.

An extreme version of this view is that historical inequities such as African slavery must be compensated by current developed nations, which benefitted from stolen "human resources" as they were developing. This is an extremely controversial view, but it echoes the general theme of converting human capital to "human resources" and thus greatly diminishing its value to the host society, i.e. "Africa", as it is put to narrow imitative use as "labor" in the using society.

In the very narrow context of corporate "human resources", there is a contrasting pull to reflect and require workplace diversity that echoes the diversity of a global customer base. Foreign language and culture skills, ingenuity, humor, and careful listening, are examples of traits that such programs typically require. It would appear that these evidence a general shift to the human capital point of view, and an acknowledgement that human beings do contribute much more to a productive enterprise than "work": they bring their character, their ethics, their creativity, their social connections, and in some cases even their pets and children, and alter the character of a workplace. The term corporate culture is used to characterize such processes.

The traditional but extremely narrow context of hiring, firing, and job description is considered a 20th century anachronism. Most corporate organizations that compete in the modern global economy have adopted a view of human capital that mirrors the modern consensus as above. Some of these, in turn, deprecate the term "human resources" as useless.

As the term refers to predictable exploitations of human capital in one context or another, it can still be said to apply to manual labor, mass agriculture, low skill "McJobs" in service industries, military and other work that has clear job descriptions, and which generally do not encourage creative or social contributions.

In general the abstractions of macro-economics treat it this way - as it characterizes no mechanisms to represent choice or ingenuity. So one interpretation is that "firm-specific human capital" as defined in macro-economics is the modern and correct definition of "human resources" - and that this is inadequate to represent the contributions of "human resources" in any modern theory of political economy.

2007-02-01 01:39:54 · 1 answers · asked by chosen2703 1

It seems to me that putting up the interest rate and therefore mortgage/loan repayments leads to a need for higher wages to pay for these-increasing inflation.

2007-02-01 00:36:32 · 13 answers · asked by Anonymous