Economics - March 2007

could you also explain the graph?

2007-03-12 09:17:34 · 3 answers · asked by Stephen L 2

Wage difference that can't be explained by the number of years of training, are likely to be considered to result from factors associated with
a) demand, but not supply
b) supply, but not demand
c) conditions of regulated markets
d) compensating differentials

2007-03-12 09:11:57 · 1 answers · asked by angel_rat_83 1

after >5000 years why is Africa still a dump?

2007-03-12 09:03:15 · 3 answers · asked by B0NER 3

Assume an economy has two jobs, one that requires education and one that does not. If the wage difference between the two jobs is much higher than that required for individual workers to make a reasonable return on their investment in education it is likely that
a) the wage rate for jobs that require education will begin to rise
b) supply of workers for the jobs that require education will rise
c) demand for workers for the jobs that require education will rise
d) all of the above

2007-03-12 09:02:50 · 1 answers · asked by angel_rat_83 1

Wage difference that can't be explained by the number of years of training, are likely to be considered to result from factors associated with
a) demand, but not supply
b) supply, but not deman
c) conditions of regulated markets
d) compensating differentials

2007-03-12 08:58:17 · 2 answers · asked by angel_rat_83 1

The price elasticity of demand and supply for petrol is inelastic. How would you draw a graph representing an increase or decrease in the price of petrol in terms of the shifts of the demand and supply curves?

2007-03-12 08:54:52 · 3 answers · asked by Anonymous

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"Paying a large tip to secure a better table in a restaurant is the same as offering a bribe in business to secure a contract." Defend or oppose this statement. How is your response to this assignment consistent with the Utilitarian moral philosophy? Explain. If it is not consistent with that philosophy, explain why your philosophy has changed.

2007-03-12 08:49:40 · 4 answers · asked by sweet 1

2007-03-12 08:23:11 · 1 answers · asked by cusagas48 1

Germany has better Cars and cellphone networks, Japan ditto plus newest robots and electronics, Korea has the newest technologies also and super high speed residential internet access. Which country reigns supreme is being developed in having the best Roads, Cars, Houses, Jobs, Phones, Internet, Parks, Attractivness, and Electronics combined?

2007-03-12 08:22:18 · 5 answers · asked by meansawbean 2

2007-03-12 07:54:01 · 3 answers · asked by Anonymous

2007-03-12 07:51:46 · 1 answers · asked by Me Y 2

Why the much-advertised American way of life continues to grow more socially, economically, and environmentally costly and less citizen-friendly--and what we should do about it?

2007-03-12 07:41:18 · 6 answers · asked by FSU08m08 1

please be specfic and some examples

2007-03-12 06:41:40 · 2 answers · asked by sdotmurda 2

i know apartheid is a terrible thing, but economically it helped i need to find out why.

2007-03-12 06:17:07 · 2 answers · asked by Anonymous

2007-03-12 06:04:14 · 1 answers · asked by Anonymous

if a 50 million dollar purchase is made in the open market from the public. and the currency drain is 35% and the reserve ratio is 7%, whats the change in the quantity of money?

i know the change in money is the (money mulitplier)(change in monetary base)

the change is equal to the open market purchase which is 50 mil right? im having trouble getting the money multiplier.

i think you do 50 million times 0.35 and you get a new reserve. you then multiply the new resevre by 7 % which gives you your new excess reserve. im not sure how many times to do this.

any help is appreciated

2007-03-12 05:49:12 · 2 answers · asked by Anonymous

If we spent the same amount of money on helping others in less fortunate situations that we do on making movies, making records, funding tours, funding movie openings, funding actors salaries, funding all the other things that go into the entertainment industry (that in my opinion, are mostly a waste), on helping the world be a better place for the next, lets say, three to five years, it would do more good in the world. What are your thoughts on this ?

2007-03-12 05:36:33 · 10 answers · asked by Anonymous

i know economic forces are supply and demand, but could they include anything else?

2007-03-12 05:35:27 · 1 answers · asked by theoriginaldimepiece 1

In India the Mother Mortality Rate is 1 death/ 7 minutes.
Bride burning Rate is one bride burnt every 2 hours,
3. Female foeticide is in Millions/ year,
It is systematic violence against women.
a.Though India has best doctors in the world (US and UK Health systems are run by Indian doctors),
b. We have added more new billionaires than all other countries excepting US and Russia, (16). We are making more money than ever.
c The economics of being a girl. is very negative, this results in the violence against girl child.

2007-03-12 05:33:44 · 3 answers · asked by cloudninehoneymoon 1

higher than the marginal social cost of production.
equal to the marginal social cost of production.
higher than the marginal variable cost of production.
lower than the marginal fixed cost of production.
lower than the marginal social cost of production.

2007-03-12 04:19:07 · 2 answers · asked by stevie 1

internalize the externality through taxes.

internalize the externality through subsidies.

maximize the joint welfare, irrespective of the right of ownership.

stop production if there is any externality.

invite other private partners to share the burden of externality.

2007-03-12 04:14:57 · 1 answers · asked by stevie 1

2007-03-12 03:49:25 · 14 answers · asked by Anonymous

2007-03-12 03:14:02 · 2 answers · asked by Anonymous

2007-03-12 03:09:19 · 1 answers · asked by Philip D 1

These are some sort of bills with economic implications generally dealt with in the parliament. The answer should be with context to India.

2007-03-12 02:39:55 · 1 answers · asked by sanjiv b 1

2007-03-12 02:39:34 · 1 answers · asked by Anonymous

Can anybody please calculate the amount in US $ for me for the following stuff. I dont know the exact prices in International market for them.

Proved Reserves in IRAQ (Source CIA Factbook)

OIL: 112.5 billion bbl (2006 est.)
Natural Gas 3.115 trillion cu m (1 January 2005 est.)

Proved Reserves in IRAN (Source CIA Factbook)

OIL 132.5 billion bbl (2006 est.)
Natural Gas 26.62 trillion cu m (1 January 2005 est.)

1 trillion = 1000 billion

2007-03-12 02:10:16 · 2 answers · asked by ? 1

I personnally think that if we have different currencies at this time that there's world wide trade, some countries will become richer and others poorer for there's no equity of resources in all parts of the world.
If you think yes or no, please give me your reasons.
Thanks.

2007-03-11 23:44:43 · 8 answers · asked by talleymark 3

2007-03-11 23:29:38 · 7 answers · asked by blacksheep 2

2007-03-11 19:31:16 · 1 answers · asked by Anonymous