Economics - March 2007

A friend of mine has asked me to post this question, because they would like to ascertain the answer. To be entirely honest I am not sure what the "Phillips Curve" is. It is something to do with economics and finance.

2007-03-18 21:19:20 · 10 answers · asked by Anonymous

If money that could be used to increase production is spent on other company expenses, not related to production, would the aggregated supply curve shift to the right or left?

2007-03-18 20:54:36 · 3 answers · asked by shauna m 1

sub-prime mortgages causing a major sell off of housing, manufacturing falling, the most massive government and personal debt figures ever, having to borrow even more money to expand the war, loss of international popularity!!

2007-03-18 20:31:26 · 3 answers · asked by Anonymous

Summer wants her $16 million dollar stock portfolio to grow over the next 10 years. If she can get a rate of return of 10% how much is the account worth in 5 years?

2007-03-18 19:58:26 · 1 answers · asked by Anonymous

2007-03-18 19:41:04 · 9 answers · asked by Anonymous

2007-03-18 19:38:48 · 3 answers · asked by Anonymous

Rachel’s real return is 6.8%; inflation reads 6.4%. What’s her nominal rate of interest? Can show me the steps too answering this question. thanks

2007-03-18 19:26:13 · 1 answers · asked by Anonymous

Suppose “Tim” makes $890,000 dollars this year but the CPI registers at 1.10. What is his real purchasing power? What process would go into figuring this question out?

2007-03-18 19:24:12 · 1 answers · asked by Anonymous

Inflation refers to the situation when money loses it's value...So turn into goods coz there's no point in saving the money as it 's gonna lose it's value anyway...So people should spend more coz it'sointless to save money......What do you feel? If you opt to spend money what all would you buy ...?

2007-03-18 18:46:54 · 2 answers · asked by rocky 2

1.Most experts would say that we are now moving into a post-industrial age. What is meant by this term?
b) What influence might living in the post-industrial age have on the world's population? Why

2007-03-18 16:23:09 · 2 answers · asked by Anonymous

I am looking for the names of countries that have their currencies backed by gold or silver.

2007-03-18 16:22:09 · 3 answers · asked by Rolling Ball 2

Good: CDs
Quantity 2001:10
Quantity 2002:15
Price 2001:$16
Price 2002:$12

Good:Gas
Quantity 2001:200 gallons
Quantity 2002:180 gallons
Price 2001:$1
Price 2002:$1.25

1. If 2001 is the base year, what is the CPI for a market basket of goods in 2002?
2. If the 2001 is the base year, what is the GDP (implicit price) deflator for a market basket of goods in 2002?
3.If 2001 is the base year, what is the growth of GDP in current prices?
4. If 2001 is the base year, what is the growth of GDP in base period prices?
5.If 2001 is the base year, what is the chain-weight growth rate of GDP?
6. Suppose that in the base year of 2000 the GDP=200. In 2002, GDP=250 and the CPI=125. What has happened to real GDP between 2000 and 2002?

A market basket in economics refers to

A.the varieties of goods and services purchased by consumers
B.a combination of markets, such as perfect competition and monopoly
C.the apparatus used to transport goods
D.the product mix produced by firms

2007-03-18 15:33:50 · 1 answers · asked by Anonymous

2007-03-18 15:08:52 · 4 answers · asked by FSU08m08 1

i need sources. i looked this up myself and i keep getting different answers. obviously the US is #1 as an individual country, but i wasn't sure if it still was counting the EU as a whole. some sites say yes, others no

2007-03-18 15:08:12 · 5 answers · asked by Anonymous

How much GDP attributed to arms sales, military goods sales, that type of exporting?

2007-03-18 15:06:55 · 3 answers · asked by econgal 5

how it is related to physical and social security?

2007-03-18 15:02:48 · 4 answers · asked by dianne 1

2007-03-18 14:47:44 · 4 answers · asked by ? 1

Africa is a continent rich with such natural resources from oil to diamonds to gold that if they could band together into a European Union like continent and hinder corruption (a long shot, but who knows)- they would be able to gain control of the global economy easily. I've even heard of a movie in which this actually is portrayed and Americans and Europeans flock to Africa in roder to find work, but are turned away (due to racism and payback)- anyone else agree or disagree with my statement?

2007-03-18 14:37:39 · 6 answers · asked by actuatedtendancy 2

8 Trillion Dollars- and daily it increases by nearly 2 billion dollars since 2006. So each US citizens' share (out of 301 million citizens even those babies) is nearly $30,000 (if they paid today...) I just find it ridiculous that the national debt is astoundingly high and we complain when third world nations are incapable of paying their debts.

2007-03-18 14:34:35 · 11 answers · asked by actuatedtendancy 2

I just checked recently in wikipedia that Spain is now the 8th largest economy in the world(They're now richer than Canada and expect to surpass Italy this year) and in 3 or 4 more years analyst expect Spain to surpass Germany (The Spanish president himself said this). And I've been wondering how they're managing to do so well so fast?. One thing I found out is that the biggest companies in latin america are own by spaniards.

Here's a link so you can find out more:
http://www.usatoday.com/money/world/2007-01-13-spain_x.htm?POE=MONISVA


Do you think there's another factor why Spain is becoming richer and richer?

2007-03-18 14:07:42 · 5 answers · asked by frankie_182_2000 1

2007-03-18 13:52:01 · 5 answers · asked by Janet S 2

I was watching CNN yesterday for an hour. Not one single optimistic piece of news. China trade deficit is kicking our AZZ, the war in Iraq, the housing bubble and the mortgage subprime meltdown, just to name a few things. It was all depressing, any1 else agree?

2007-03-18 13:25:16 · 2 answers · asked by Anonymous

prizes offered by the challenge would surely increase our contribution for the world in our little way by starting locally. acting local for global challenges & trees for the world is the solution to answer both poverty and climate change. seedling production for livelihood to answer unemployment. seedling production to untilized time productively and advocate seedling production in all our schools would answer global climate change. philippines is a tropical country, it will succeed. awareness raising is one of our first challenge. mass media fails in this part of the world. we are doing advocacy in the traditional way like banners & streamers. t-shirt uniforms to advertise our campaign. in 2005-06, est. 135,000 seedlings were planted and is growing well in our 64 ha. site. for 2007 we will continue demostrating it in our roads and highways. the activity is well supported by volunteers & the enthusiasm is strong. it will be much stronger and wider with ur support, wrldchallenge. thnx

2007-03-18 13:09:55 · 1 answers · asked by thelightedlamp 1

Which of their approach is differen in managing the federal reserve? DOes chairman Bernanke rule out recession?

2007-03-18 12:58:42 · 4 answers · asked by dk 6

2007-03-18 12:31:28 · 7 answers · asked by The_Thinker 1

1.Which of the following is the best example of indexing?

A.trading a domestic currency for US dollars
B.simply calculating the inflation rate is known as indexing
C.adjusting a variable to keep up with the inflation rate
D.choosing the base period for an index

2.When computing a price index, the base period is...

A.the year chosen as the reference point for comparisons
B.the earliest year for which data is available
C.the most recent year in which the infaltion rate was equal to 100
D.the most recent year for which data are available

3.The base period is 2001.Your monthly paycheck is $1000.You recieved a 5% raise in 2002.The CPI in 2002 (base 2001) was 107. Which of the following statements best describes your situation in 2002?

A.Your real wage is $1050 per month
B.Your nominal wage is $1050 per month
C.Your nominal wage is $1020 per month
D.Your nominal wage is $1070 per month

2007-03-18 12:23:50 · 4 answers · asked by blackprincess052001 2

One alternative to balancing the budget annually or cyclically is to produce a government budget that would be balanced if the economy were at potential output. Given the cyclical nature of government tax revenues and spending, how would the resulting budget deficit or surplus vary over the business cycle?

The budgets passed by Congress and signed by the president show the relationship between budgeted expenditures and projected revenues. Why does the budget require a forecast of the economy? Under what circumstances would the actual government spending and tax revenue fail to match the budget as approved?

2007-03-18 12:23:32 · 4 answers · asked by KC_Meag42 5

2007-03-18 12:23:02 · 2 answers · asked by lilmartinos 1

To what extent and why, is the executive branch of the US government always dealing with three budgets?

2007-03-18 12:21:02 · 2 answers · asked by KC_Meag42 5

Developing countries tend to have...

A.more disinflation than developed countries
B.lower rates of inflation compared to developed countries
C.inflation more often than developed countries
D.on average higher rates of infaltion than the developed countries

2.Unanticipated infalation...

A.another way that the government taxes households
B.creates both winners and losers from the higher inflation
C.unambiguously is harmful to everyone in the economy
D.allows households to adjust their financial holdings to lessen the impact of inflation

3.When there is unanticipated inflation..

A.fixed interest rate borrowers benefit
B.variable interest rate lenders benefit
C.fixed interest rate lenders benefit
D.variable interest rate borrowers benefit

4.Which of the following is the best example of indexing?

A.trading a domestic currency for US dollars
B.simply calculating the inflation rate is known as indexing
C.adjusting a variable to keep up with the infaltion rate

2007-03-18 12:12:36 · 3 answers · asked by Anonymous