Economics - March 2007

How would advice offered to policymakers differ depending on which role an economist assumes?

2007-03-31 22:54:09 · 2 answers · asked by Anonymous

On rainy days our business loses $250 and on days it does not rain, we make a profit of $100. There is a 60% chance of rain today. Find the expected value of today's profit.

2007-03-31 14:31:15 · 3 answers · asked by BRICK 1

This always comes to mind. If you can buy a car for $20K that gets around 35 miles per gallon, and you can buy a car for $30K that gets 40 miles per gallon, are you really doing the environment a favor? Basically, you have to drive back and forth to work to earn an extra $10K to buy that Hybrid? You have to earn at least 33% more to save 12%.

2007-03-31 13:54:49 · 1 answers · asked by Santa Barbara 7

California once proposed legislation that would have required 10 percent of its car fleet to be nearly emissions free by the year 2005. This mandate spurred electric vehicle research. Such vehicles could be powered by photovoltaic cells or by batteries that are recharged using an electrical outlet. Would you agree that it is correct to conclude that electric vehicles that use electrical outlets are emissions free? What about electric vehicles powered by photovoltaic cells?

2007-03-31 10:01:58 · 4 answers · asked by TP2001 2

2007-03-31 09:13:09 · 10 answers · asked by scooter 4

How is it the USA needs to import wheat gluten when we're supposed to be the world's largets producer of wheat? Isn't the USA still the "breadbasket" of the world?
Pet foods first -- humans, next?
Just curious.

2007-03-31 07:43:51 · 4 answers · asked by eslaterus 1

2007-03-31 07:42:24 · 4 answers · asked by Concerned from the Right 4

2007-03-30 21:33:56 · 4 answers · asked by p-tung 1

Question in more detail: If there is an Organization for Petroleum Exporting Countries (OPEC) that dictates the supply of oil, could there be an Organization for Petroleum Importing Countries (OPIC) that dictates the demand for oil?

Basically, the reason why OPEC had much power before was because of the fact that oil-importing countries were fragmented and they have less buying power. For example, given the wanning influence of OPEC, could oil-importing countries unite and dictate where to buy oil and at what quantity?

What is the implication of this type of system, and could it exist and stay in power just like OPEC?

Some question to work out the economist in you...

2007-03-30 15:41:07 · 3 answers · asked by windsinger 2

As of now, the U.S is the super power of the world. Some predict that China will claim that title by 2020.

2007-03-30 14:32:47 · 10 answers · asked by Sarah F 1

2007-03-30 08:35:56 · 17 answers · asked by Anonymous

2007-03-30 05:09:33 · 11 answers · asked by @bstract! 2

It's well known that America is the richest country, but just how much do we have?

2007-03-30 02:32:19 · 5 answers · asked by Jess 4

A. To elect officials for a central government
B. To create a constitution.
C. To do away with the Articles of Confederation.
D. To revise the Articles of Confederation.

2007-03-30 02:20:28 · 3 answers · asked by WHAT?! 1

2007-03-30 01:18:49 · 1 answers · asked by Anonymous

2007-03-29 16:26:31 · 1 answers · asked by Anonymous

2007-03-29 08:09:09 · 11 answers · asked by Anonymous

2007-03-29 06:35:27 · 9 answers · asked by Dan 2

If there are no jobs available and massive poverty and corruption in their homecountry and most developed countries have tight immigration restrictions on the rationale of limited resources and that it would take jobs away from their own people. Do 1st world countries have some sort of a moral responsibility to these 3rd world countries even if they did not make them suffer?

2007-03-29 02:43:53 · 6 answers · asked by meco031719 3

1) rain spoils the straw berry crop. as a result, the price rises from $2 to $3 apunnet and the quantity demanded decreases from 1,000 to 600 punnet a week. over this price range,
a) what is the price elasticity of demanded?
b)describe the demand for strawberries

could you plz explain it, thanx heapz

2007-03-28 18:50:20 · 2 answers · asked by Anonymous

2007-03-28 18:45:23 · 1 answers · asked by emersonashley 1

Thoughts anyone?

2007-03-28 17:17:09 · 1 answers · asked by Confused Student 2

Thoughts anyone?

2007-03-28 17:16:32 · 1 answers · asked by Confused Student 2

Thoughts anyone?

2007-03-28 17:16:03 · 1 answers · asked by Confused Student 2

Is it a food product? a newspaper? Whats the most value in a good or service you can purchase today for ONE single dollar

2007-03-28 17:06:55 · 3 answers · asked by Stan B 4

2007-03-28 16:01:47 · 12 answers · asked by Cuddly Lez 6

when might the consumption-possibilities frontier with trade not be outside the consumption-possibilities frontier under autarchy? why?

2007-03-28 15:50:39 · 1 answers · asked by abc66425 1

I'm always hearing about things that city/county governments want to do because it will "encourage growth", as if this is necessarily a good thing. Is it always desirable for an area to grow? When I see the suburban sprawl in my own area, I find it hard to see how this is necessarily good. I know it's not good for things to get stagnant, but isn't status quo ok sometimes?

2007-03-28 15:43:42 · 5 answers · asked by Schleppy 5

it can't be the world in iraq

2007-03-28 15:32:21 · 2 answers · asked by mtbr 2

please give details

2007-03-28 15:29:28 · 2 answers · asked by kera a 1