Economics - May 2007

as china industrialises sending cheaper products all over the world and considering how seemingly ignorant and lacking in intelligence the people who use this forum are (dont take offence graduates or Christians) or should they not be used as a gauge

2007-05-23 02:07:27 · 5 answers · asked by Audio Visual master 4

Prior to the Revolution of 1910, Americans were flooding Mexico looking and finding good-paying jobs. The peso was valued at about $1.87 USD, and gold then selling for about $28.00/ounce. Mexico still has all the resources that made her a greater economic power than the US. Mexican factories are paying the equivelent of 10-25 dollars/hour (the peso in Mexico has greater bying power than the dollar in the US, so please do not compare apples to oranges). As a former resident (non-citizen) of Mexico-and ex still lives there and is a native citizen, I have seen this to be true. In addition, ex-President Fox stated that Mexico is 100,000 men short of workers in the factories in the northern tyre of Mexican states, jobs which are paying unskilled workers up to $25.00 (pesos) an hour. Yet, in many areas, people are starving and the government is blaming la vida loca and greedy Americans.

2007-05-23 00:00:02 · 2 answers · asked by redskin 2

If we started sending illegals back would the demand for gas and electricity among other goods go down and cause the price to go down? Then in turn would the demand for labor go up and caus the dollar per hour people make go up a little?

2007-05-22 13:06:39 · 6 answers · asked by ronnny 7

The incidence of poverty is very high among female headed families. True of false.

2007-05-22 11:58:21 · 1 answers · asked by Anonymous

2007-05-22 09:40:44 · 8 answers · asked by Anonymous

which of the following is true of the relationship between price and marginal cost under monopolistic competition?

a. P=MC at all levels of output

b. P=MC only at the profit-maximizing quantity

c. P>MC at the profit-maximizing quantity

d. P
e. P

2007-05-22 07:17:46 · 4 answers · asked by jn1 1

If all six suppliers of cement to Metropolis all agree to establishes a price of $45 per ton, this would be
a. legal contract
b. price discrimination
c. cost-plus pricing
d. a cartel
e. beneficial to consumers

2007-05-22 07:06:15 · 3 answers · asked by jn1 1

When will we face the fact that when the earth is paved with roads and housing there will be no soil left for crops? When the ocean is so polluted there can be no seafood? When the polar ice caps melt there will be millions moving to high groung where YOU (hopefully) live?

Population growth will be a very significant factor in Global warming. It is in the best financial interests of business to promote an increasing population because otherwise there would only be replacement business. What a bummer that would be for them!

If you want a fight, just try promoting a "population no growth" world.

One can't worry about what happens when the rescources (iron, copper, oil, land, aluminum, potable water, etc.) are gone when there is a bigger buck to be made TODAY by promoting GROWTH!!!! Why that would be against FREE ENTERPRISE (spelled GREED)!!!!!!

2007-05-22 06:48:45 · 7 answers · asked by Tarheel 2

everyone is talking about is around election time but I haven't seen any action. It is funny Canada has a healt care plan with little problems.

2007-05-22 02:16:39 · 4 answers · asked by PETER V MASSARO S 1

in underdeveloped countries we have gazillion national and international agencies trying to implement program and projects with a very broad objective of impowering the poor, and eradicating poverty. It is a pity to see many of these so called relief agencies empower their own expatriot program head with astronomical salaries and facilities. Is there a possibility to have a program that can help poor make money for themselves?

2007-05-21 21:19:19 · 4 answers · asked by Shameer K 1

I've noticed the USD is dropping dramatically against the PHP why is that?My family in the Philippines say the prices for goods have remained the same.

2007-05-21 18:59:13 · 2 answers · asked by Dom 2

it feels like we have no power, why not, the government regulates other things, do they not work for us? maybe they should act on our best interests for once!

2007-05-21 18:10:57 · 6 answers · asked by copdude5150 1

2007-05-21 15:55:53 · 1 answers · asked by Happygolucky 1

2007-05-21 14:42:32 · 1 answers · asked by Raj 1

I thought the US was the world's largest exporter and I find out it is Germany ..... how does this small nation with limited resources do it ??

2007-05-21 14:16:53 · 11 answers · asked by burlingtony 2

2007-05-21 10:10:25 · 5 answers · asked by Adam K 1

2007-05-21 08:25:03 · 4 answers · asked by max imo 1

In the late eighteenth century Thomas Malthus developed a theory of population growth, in which he warned of disaster. This theory was known as the Malthusian theory. He predicted population would increase according to a geometric progression. Food production would only increase in arithmetic progression. Some reasons why his projections have not been realized are discussed. Still, critics point out that greater economic productivity has caused problems for the surroundings. Also, population growth remains very high in poor nations. The rapid population growth would lead to social chaos. At such a rate, Malthus concluded that world population would soon go out of control. It was the unexpected population growth two centuries ago that sparked the growth of demography. Malthus presented a disturbing vision of the future: people reproducing further than what the planet could feed. It would then eventually lead to widespread starvation.

2007-05-20 17:50:08 · 5 answers · asked by xbl4kxch4osx 1

when I look at the 5 cent called a nickel because it used to be made of nickel or still is not sure and the Dime 10 cent why is it smaller than the 5 cent?

2007-05-20 08:37:30 · 2 answers · asked by Anonymous

Once the new dynamics of the trade was established, wouldn't the cost of gas be greatly reduced if North America used its own resources instead of importing the supply? (I wonder if practicality is overruled by politics?)

2007-05-20 04:47:08 · 6 answers · asked by susan_leah 1

2007-05-20 04:21:23 · 4 answers · asked by Harry K 1

2007-05-19 15:44:45 · 5 answers · asked by Pinky 2

What is one(1*) Dollars actual worth Today, could it be 25cents in real Buying Power? Your Thoughts?

2007-05-19 12:17:08 · 3 answers · asked by dca2003311@yahoo.com 7

CARACAS, VENEZUELA — Police swooped down last week on a grimy central market district, forced open a warehouse and seized 7 tons of a white substance. It wasn't cocaine. The contraband was sugar, and the seizure of at least 184 tons nationwide showed how President Hugo Chavez's efforts to remake the economy are fraying at the edges.

Chavez has imposed price controls on a variety of goods, such as 29 basic food items produced in Venezuela including beans, cooking oil, meat and chicken. He also has imported such goods as Uruguayan pasta and Brazilian pork that are resold to the poor at greatly reduced costs, thanks to government subsidies.

But mismanagement, rampant corruption and scarcities have cut into Mercal's operations. At the same time, low prices set by the government have caused manufacturers and other suppliers either to cut production or divert output to an enormous black market.

At the same time, the flood of cash washing over Venezuela from oil sales has caused demand for all goods — watches and whiskey, detergent and SUVs — to climb, adding inflationary pressure.

The reigniting of inflation threatens the poor constituency Chavez is trying to help, economists say.

Meat disappeared for several days after slaughterhouses shut down, saying they couldn't afford to process meat at the prices set by the government.

A sugar industry source said production had fallen because prices the industry received were lower than farmers' cost of production and because the government-sponsored takeover of sugar cane plantations had cut productivity

In the poor Caracas suburb of Catia on Saturday, sugar and chicken were being rationed at a Mercal shop for the first time in a week. "I came in the morning and waited two hours for milk. Now I'm back in line waiting for chicken, one to a family," said Marietta Abreu, as she stood with 100 other customers.

In the Quinta Crespo market and in the informal stalls that surround it, sugar and tuna were being sold under the table for three times the government-mandated prices, eggs and meat for twice the prescribed prices.

"The government wants all the power, but they can't control how we think. This is a free country," said a street vendor who was selling black beans at twice the regulated price of 45 cents a half-kilo.

2007-05-19 11:33:09 · 6 answers · asked by noname 3

2007-05-19 11:03:48 · 9 answers · asked by Gypsy Gal 6

i'm going to england, france, switzerland and italy this summer (only for like 12 days). the exchange is pretty bad- 1 pound= around 2 american $$ and 1 euro= 1.34$ american. how do i avoid losing soo much money?

2007-05-19 09:06:21 · 3 answers · asked by regina 5

There are wars going on, people are divided, and foreign products dominate the American market...

But the U.S. still keeps the world's number 1. economy position.

But I want to know the detail; does the U.S. economy doing well right now?

What do you think?

2007-05-19 08:29:43 · 3 answers · asked by davegesprek 1

2007-05-19 07:47:53 · 2 answers · asked by ahmad j 1

2007-05-19 02:20:26 · 5 answers · asked by worksopians 1

2007-05-18 23:27:52 · 4 answers · asked by parissa j 1