Economics - February 2007

Guys, please help for the following True/False/Uncertain statement and with explanation, cheers!

The trade deficit is higer during economic downturns

2007-02-25 21:06:03 · 2 answers · asked by luzsdavis 1

2007-02-25 20:02:55 · 5 answers · asked by joyeday 1

Economic Growth and Economic Development

2007-02-25 19:40:52 · 7 answers · asked by M I K E . 3

2007-02-25 19:18:27 · 4 answers · asked by ep_colocado 1

2007-02-25 19:05:11 · 3 answers · asked by naoj_75 1

2007-02-25 18:21:45 · 3 answers · asked by praful_bagai 1

2007-02-25 17:47:27 · 2 answers · asked by Brigham B 1

2007-02-25 17:35:59 · 2 answers · asked by redhead7 1

Question 1.

Price Quanity Demanded
$25 20
20 40
15 60
10 80
5 100

What is the price elasticity of demand between
a. P = $25 and P = $20?
b. P = $20 and P = $15?
c. P = $15 and P = $10?
d. P = $10 and P = $5?

Question 2.

Price Quantity Supplied
$10 50
8 40
6 30
4 20
2 10
0 0

What is the price elasticity of supply between
a. P = $10 and P = $8?
b. P = $8 and P = $6?
c. P = $6 and P = $4?
d. P = $4 and P = $2?
e. P = $2 and P = $0?

Question 3.

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? Explain your answer.

2007-02-25 17:32:00 · 1 answers · asked by mohotbabe 2

2007-02-25 17:23:35 · 5 answers · asked by Anonymous

I'm all for the Euro, this way, the U.S government can't increases the money supply without hardship due to European monetary policy. Milton Friedman once wrote, "Inflations is taxation without legislation." If we switch to the Euro, the money supply will stay constant and inflation will be stable. 10 years ago, I remember 5 dollars could buy my sister and me two adult meals; now you cannot even buy one meal for that same amount. Maybe a snack.

Again, if America switch to the Euro, who will have the power to control the money supply and who will enforce monetary policy?

2007-02-25 15:33:52 · 3 answers · asked by Inquisit 2

how many steps will it take for the money to find its way back to you as part of your income?

2007-02-25 15:32:13 · 2 answers · asked by sweetpea 1

Any of you guys believe the recession has started or will begin? Or are they wrong? What signs besides the "housing market-slow down" prove or does not prove it? I mean things like Oil, Wars, Manufacturing Sector etc. I need some opinions, thanks

2007-02-25 15:05:46 · 8 answers · asked by Mag1527 3

Describe the broad pattern of international trade.

2007-02-25 14:55:09 · 3 answers · asked by Anonymous

Explain the relation between trade and world output.

2007-02-25 14:54:32 · 2 answers · asked by Anonymous

2007-02-25 14:31:29 · 3 answers · asked by Anonymous

2007-02-25 13:39:49 · 1 answers · asked by rrh2 3

2007-02-25 13:30:49 · 12 answers · asked by rrh2 3

Okay, I'm doing a geography project on North Korea and I need to know the type of economy they have. Please please help ! I don't know where to find it.

The choices are; Traditional Economy , Directed Economy, Market Economy , or Mixed Economy i think.

PLEASE ANSWER !

2007-02-25 13:00:54 · 4 answers · asked by Kelsey's Mommy<3 4

Will it get done? the concept of an overland connection crossing the Bering Strait goes back at least a century. William Gilpin, first governor of the Colorado Territory, envisioned a vast "Cosmopolitan Railway" in 1890 linking the entire world via a series of railways. Joseph Strauss, who went on to design over 400 bridges, including the Golden Gate Bridge, put forward his proposal for a Bering Strait railroad bridge in his senior thesis. In 1968 engineer T. Y. Lin made a feasibility study of a Bering Strait bridge. Like Gilpin, Lin envisioned the project as a symbol of international cooperation and unity. (Wikipedia) see also Sam Berliner and Frank Didik.

2007-02-25 12:16:46 · 1 answers · asked by clophad 2

2007-02-25 12:06:52 · 14 answers · asked by Anonymous

2007-02-25 10:32:50 · 2 answers · asked by Clyde F. 2

in relation to world economies? Where is Oregon? Illinois? California? And how about regionally? Where is the southern us economically in relation to the rest of the world??

2007-02-25 10:27:26 · 1 answers · asked by Anonymous

2007-02-25 09:09:30 · 9 answers · asked by margherita 4

Guys, please help for the True/False/Uncertain statement:
Keynesian models are only appropiate when actual output is less than potential output.

Cheers!

2007-02-25 09:08:32 · 2 answers · asked by luzsdavis 1

take a skilled centre lathe turner and deduct taxes but add benifits assume 2 children and wife that works say in a supermarket.

2007-02-25 08:37:53 · 8 answers · asked by Anonymous

2007-02-25 08:33:02 · 1 answers · asked by Anonymous

I need to know how this impaceted the consumder electronics industry, worldwide.

2007-02-25 07:37:37 · 2 answers · asked by dinkha84 1

I need to know how this impaced the consumder electronics industry, worldwide.

2007-02-25 07:36:16 · 2 answers · asked by dinkha84 1

please tell me as much information about the constition that u know................

2007-02-25 07:35:36 · 2 answers · asked by Anonymous