Economics - June 2007

2007-06-30 18:08:01 · 1 answers · asked by Anonymous

http://www.wfp.org/country_brief/hunger_map/map/hungermap_popup/map_popup.html

This link shows how many people around the world still suffer from hunger and undernourishment.
What can we do to solve this problem?

2007-06-30 09:41:28 · 16 answers · asked by Anonymous

Economically speaking, what official economic category does Mexico fall into?

Is is officially a third-world country or not?

I have also heard that Mexico is the country with the world's most billionaires. Is that true?

And if Mexico is indeed a third-world country, then how could it have the world's most billionaires as well?

2007-06-30 08:46:14 · 5 answers · asked by Anonymous

Economically speaking, what official economic category does Mexico fall into?

Is is officially a third-world country or not?

I have also heard that Mexico is the country with the world's most billionaires. Is that true?

And if Mexico is indeed a third-world country, then how could it have the world's most billionaires as well?

2007-06-30 08:43:54 · 9 answers · asked by Anonymous

2007-06-29 23:35:12 · 5 answers · asked by Anonymous

Also, how would you define the value of 1 billion dollars and what would you buy if you had 1 billion dollars?

2007-06-29 14:21:03 · 11 answers · asked by Hawaiian Girl 4

2007-06-29 06:45:20 · 6 answers · asked by Narendra 2

I believe our government would collapse and our economy would dissolve over night. There would be riot and war everywhere. But what do you think then?

Could you all please give me any realistic scenario here? The world today where we're not ready for oil shortage?

2007-06-29 02:43:22 · 6 answers · asked by Professor Franklin 4

Im trying to think of a project on something controversial in economics. Does anyone have ideas for such a topic and suggestions for readings???

2007-06-28 21:04:10 · 4 answers · asked by justmoi 3

seems like everyone i know is having trouble finacially. weather they are making 75k a year or 40. will it get better anytime soon? could it be gas and utilities rising? pay not compensating for inflation?

2007-06-28 19:35:16 · 4 answers · asked by nikki12676 2

2007-06-28 19:20:49 · 2 answers · asked by Anonymous

if someone accepted the Nobel Prize for Peace in October 1979 and decided to use this money award to construct a leprosarium, was he/she acting in her own interest? was he/she behaving selfishly

2007-06-28 16:17:57 · 4 answers · asked by 11 1 1

2007-06-28 09:11:10 · 4 answers · asked by dolempap 2

2007-06-28 08:04:50 · 3 answers · asked by dolempap 2

10. As it relates to public goods, nonexcludability means that nonpayers cannot be barred from obtaining the benefits.
A) True
B) False

11. An example of a public good is cable television.
A) True
B) False


12. Assume the natural rate of unemployment in the U.S. economy is 5 percent and the actual rate of unemployment is 9 percent. According to Okun's law, the negative GDP gap as a percent of potential GDP is:
A) 4 percent.
B) 8 percent.
C) 10 percent.
D) 2 percent.


13. The business cycle is so named because upswings and downswings in business activity are equal in terms of duration and intensity.
A) True
B) False

14. The marginal tax rate is the tax rate that applies to additional income.
A) True
B) False

15. Most output in the United States is produced by:
A) cooperatives.
B) partnerships.
C) sole proprietorships.
D) corporations.

2007-06-28 04:37:02 · 1 answers · asked by icycrissy27blue 5

here is what i need to verify my MidTerm Grade if anyone can help me before I turn it in would help

1. In 1996 McDonald's introduced its Arch Deluxe hamburger, which failed to catch on with the public and was subsequently dropped from the menu. This failure illustrates the idea of:
A) consumer sovereignty.
B) technological change.
C) downsloping demand.
D) specialization.


Use the following to answer question 2:

Assume an economy that is producing only one product. Output and price data for a three-year period are as follows. Answer the next question(s) on the basis of these data.




2. Refer to the above data. If year 2 is chosen as the base year, in years 1 and 3 the price index values, respectively, are:
A) 4 and 6.
B) 6 and 4.
C) 120 and 100.
D) 100 and 150.


3. A price index can rise from one year to the next even though:
A) some individual prices in the economy fall.
B) nominal GDP falls.
C) real GDP falls.
D) all of the above occur.

2007-06-28 04:29:45 · 1 answers · asked by icycrissy27blue 5

Recently i noticed this on the new dollar coins. Is there a reason to this. Is all new issued money going to be missing this. How do you feel about the topic. Is the pledge of Alegence going to be next?

2007-06-28 04:17:12 · 4 answers · asked by sharon 2

A)Republicans B)Polititions in general C) Big Business D)The Unions themselves E) All of the above

2007-06-28 03:36:23 · 14 answers · asked by Anonymous

2007-06-27 18:39:37 · 5 answers · asked by David A 1

2007-06-27 18:38:21 · 0 answers · asked by Foamy 1

2007-06-27 18:07:50 · 0 answers · asked by esnoopyl7 2

What is an external cost, in economic terms?
And what is an external benefit?

2007-06-27 16:49:01 · 2 answers · asked by Anonymous

In my opinion if we no longer had to import oil starting tomorrow the economic crash would be worst than the one in 1929. Legally the courts rule against any radical economic changes and side with a more moderate approach. This allows the same corrupt and greedy to still control the economy. Is there a better way to approach this problem short term without an economic disaster.

2007-06-27 11:16:31 · 4 answers · asked by leahsaah 1

Because nice guys get rejected by everyone else.And they tend to the last to get hired for anything.Even gay men and straight women don't want them around, even as' just friends'.

2007-06-27 10:20:34 · 13 answers · asked by Anonymous

2007-06-27 07:54:23 · 1 answers · asked by daisiona 1

does product improvement make demand curve shift to the left or don't shift the demand curve? why?

2007-06-27 07:33:44 · 2 answers · asked by Anonymous

2007-06-27 07:06:16 · 2 answers · asked by SweetChildO'Mine 2

2007-06-27 06:20:05 · 1 answers · asked by froggie_2382001 2

2007-06-27 06:00:11 · 5 answers · asked by ROBERT D 1

What are the largest markets in the US? I know that Pueto Rico is 13.

2007-06-27 05:43:08 · 7 answers · asked by I need answers. 2