Economics - March 2007

There was a time when agriculture, animal hunting and forestry was the lively hood of the people in India and elsewhere in the world. There after, invention of wheel, steam engine, electricity etc paved the way for industrialisation around the world. India equally started industries with the help of the-then British merchants thereafter turned rulers.
The produce from the farm sector like cotton, jute and sugarcane etc. was being turned into commodities for human consumction and well being. Till to-day our garments are made of cotton - also other varities are there. Agriculture welcomed the industry to see a better use of the crops.
When forests and waste lands are protected by law for reason of ecology, industry may not find a place on the earth if land is not provided. The buzz word should be "less land and more crop" - this is quite possible if more advanced technique is brought into farms. Will power and attitude of the Asian giant China have shown the modern .

2007-03-24 19:36:45 · 4 answers · asked by Anonymous

2007-03-24 19:27:04 · 2 answers · asked by TIPPY 1

how will the change affect equilibrium prices, out put, and unemployment?

2007-03-24 19:19:54 · 2 answers · asked by sweetpea 1

malthusian economy prophery no longer relevant

2007-03-24 18:41:47 · 2 answers · asked by logesh 1

why there is so hype about "India story" ?

CNN, BBC, SKY, FOX, all news-channels covering it,

No newspaper ignore news from india through out world.

All the consultancy giants thinking about diff strategies to get deeper penetaration it it"s market.

why this much global change in favour of India ?

2007-03-24 17:30:59 · 12 answers · asked by Anonymous

I'm not sure what it means by whether or not the quantity of money was changed through all the transactions.

"Vincenzo goes shopping. First, he visits an ATM, where he gets $200 from his savings account. Then he visits a clothing store, where he buys a shirt for $50 using his Visa card. At lunchtime, he meets Donna, his Italian girlfriend, who has just arrived from Rome and has only euros (the money of Italy) in her purse. Donna uses some of her euros to buy $100 from Vincenzo. Donna buys lunch and pays with the $100 that she got from Vincenzo. Did any of the transactions done by Vincenzo and Donna change the quantity of money? Explain each transaction’s effect on M1 and M2."

2007-03-24 17:12:48 · 2 answers · asked by ohok 2

2007-03-24 17:07:35 · 4 answers · asked by ohok 2

I need the PERFECT prank to pull on my older siblings to get them back for all the pranks they pulled on me. Any thoughts?

2007-03-24 16:59:08 · 5 answers · asked by Anonymous

Can someone check my answers? I'm not sure about the saving deposit or the stamps and coins. Thanks.

http://i21.photobucket.com/albums/b251/jfindon/money.jpg

2007-03-24 16:49:08 · 2 answers · asked by ohok 2

Our country is a third-world country? How can we be able to develop our economic status and earn enough money for our families to cope tor our needs? Our basic pay isn't enough to buy for our necessities.

2007-03-24 16:16:50 · 4 answers · asked by leoB 2

in terms of yearly sales...

2007-03-24 16:15:17 · 1 answers · asked by chie88 2

What are the pros and cons of privatization? Thanks!!

2007-03-24 15:53:51 · 4 answers · asked by Avigail 3

How can a bank raise its reserves (internally)?

What effects would attempting to raise reserves have on the banking system and monetary system?

2007-03-24 15:31:58 · 3 answers · asked by Temi O 1

Why does the Fed use open market operations as its principal tool of monetary management, rather than changes in the required reserve ratios, or changes in the discount ratio?
What are the differences in the effects that each technique would have on individual banks, on the commercial banking system as a whole, and on te money supply?

2007-03-24 15:26:19 · 4 answers · asked by Temi O 1

2007-03-24 15:14:22 · 2 answers · asked by kanoknate w 1

I know that whenever there is an increase in govt spending, gross private investment spending tends to decrease, but why is this?
What should policy makers do to reverse the decrease in gross private investment spending.
Finally, what would be the resulting effects of an increase in govt spending accompanied by a policy puch for an increase in gross private investment spending?

2007-03-24 15:11:32 · 2 answers · asked by Temi O 1

2007-03-24 15:07:45 · 4 answers · asked by sensusbr 1

5 tips reflect sound grasp of economic terms and concepts

Tips are specific and relevant to the new business venture

2007-03-24 14:08:50 · 2 answers · asked by its_all_about_lady_jay 1

2007-03-24 14:01:06 · 7 answers · asked by gambitleblanc 1

2007-03-24 13:45:44 · 2 answers · asked by Bunky 1

this is related to macro economics

2007-03-24 13:36:41 · 3 answers · asked by taang 2

2007-03-24 13:33:46 · 1 answers · asked by dmd1164 2

Then why are we facing the strong possibility of a nation-wide meltdown involving the housing market and subprime mortgage lenders?

2007-03-24 13:28:28 · 5 answers · asked by Anonymous

if you could invest in any product, what product would you invest in and why??

2007-03-24 13:10:04 · 3 answers · asked by gratisfaction. 5

Suppose you have a fixed budget of 3,000 per year to spend on food and music. The price of food is $1 per pound , and the price of music is $10 per CD. You currently spend $2,400 on food and 600 on music. If want to knowif you are spending your money wisely what question should you ask yourself?
How could you spend less on CDs and more on tapes.

2007-03-24 13:00:55 · 2 answers · asked by Anonymous

2007-03-24 12:21:21 · 6 answers · asked by M@rz 1

2007-03-24 12:21:00 · 10 answers · asked by Anonymous

My economics professor asked us this question as a homework grade. And so far I have only come up with one way. I think there should be a bank set aside just to help feed the hungery, that dosen't obligate the poor to pay them back. But then how would they stay open? This would only create another problem. What do you think?

2007-03-24 11:43:24 · 10 answers · asked by Anonymous

2007-03-24 11:23:00 · 7 answers · asked by david w 1

As a transit planner, you must predict how many people ride commuter trainess and how much money is generated from train fares. According to a a recent study , the short run price elasticity of demand for a commuter rail is .62 and the long run elasticity is 1.59. The current ridership is 100,000 people per day. Suppose fares increase 10%.

Predict or tell me the changes in train ridership over a one month period(short run) and a five year period ( long run)?

Over the one-month period , will total revenue increase or decrease? what will happen in the five year period.?

Use the Price elasticity of Demand Elasticity of demand= Percentage change in quantity demanded/(diveded by) percentage change in price.

2007-03-24 10:43:34 · 1 answers · asked by Economic Biotch===> 2