Economics - October 2007

A. They are imported and not produced locally

B. They are not produced

C. To do so would result in their market value being included more than once

D. They do not have a market value

2007-10-11 11:07:22 · 3 answers · asked by Anonymous

I think we should have a fine balance on imports/exports. Although foreign-manufactured products are cheaper, ou country has seen the consequences of relying on inexpensive imports. American companies should definitely limit their foreign contracts. This imbalance of trade also has cost the American people jobs.

2007-10-11 10:59:39 · 3 answers · asked by ga_tx_1992 4

Y is the decision making in Japan and Germany different from American decision making when it comes to business. i not really sure and ur help would be great thanks in advance

2007-10-11 10:38:34 · 3 answers · asked by D.C 2

Max has utility function U = xy, with marginal utility MUx = y and MUy = x. His budget constraint can be written pxx + pyy = I. What is Max's demand curve for x?

a) pxx = pyy

b) x = I/2px

c) xpx = ypy

2007-10-11 09:39:10 · 1 answers · asked by Anonymous

2007-10-11 08:51:51 · 1 answers · asked by Loki 1

Why are GM( &others)hourly workers with 35-45 years on the job working 7 days 12 hour shifts a week.

2007-10-11 04:30:40 · 2 answers · asked by Anonymous

i cant feel the economic progress i nthe philippines, it is said that a strong economy can ease the people's burden finacially but ironically, as i can see it, no filipino ever feel the comfort of it.the administration says its because of their effort but i think its because of the ofw's remittance which genarally makes the economy strong,i hate the government! i want them to go to raging furnace of hell.

2007-10-11 04:20:01 · 4 answers · asked by leux m 1

plZ answer...i rili nid ur opinions..thanx!!

2007-10-11 01:03:59 · 9 answers · asked by Anonymous

Send me quickly as much as possible.

2007-10-11 00:35:40 · 1 answers · asked by Befekadu T 1

People want tax breaks. To cut taxes, spending must be cut. Why are spending cuts so tough to make?

2007-10-10 10:26:49 · 6 answers · asked by scalizithaproblem 3

The govt. accounts for 20% of the GDP. Why is Govt. such a major factor in the economy?

2007-10-10 10:23:54 · 2 answers · asked by scalizithaproblem 3

I started at university studying business economics, and the first semester involves principles of microeconomics and maths for business and economics. The thing is, due to me not having the greatest mathmatical background beforehand, i seem to be falling behind already and just not understanding most of the concepts at all.

The lecturer moves at like 200 miles an hour which doesn't help at all, and seems to explain things as if we are supposed to already know it. I am starting to get stressed out, as it just seems to be equation after equation.

Does anyone who is is studying or has studied economics before feel the same way as i do, or did you grasp it straight away? Was you puzzled at first?

I look around the lecture hall (which has about 150 people) and is as though every other person understands it all and i'm the only one that doesn't. Do you think most people are having trouble, or am i the only one?

2007-10-10 10:00:33 · 3 answers · asked by Anonymous

2007-10-09 23:30:02 · 3 answers · asked by rihannsu 2

2007-10-09 22:26:24 · 8 answers · asked by shujaat s 1

for example, industrial/organizational psychology

2007-10-09 19:55:23 · 3 answers · asked by pop_rocker 3

-->best be promoted? Are higher agriculture prices sufficient to stimulate food production, or are rural institutional changes (land redistribution, roads, transport, education, credit, etc.) also needed?

2007-10-09 19:06:33 · 2 answers · asked by tota. 1

but today both value of money and property are going down?
what is the ultimate reason why are the real estate in US is falling?

2007-10-09 18:38:25 · 4 answers · asked by Gwapings 1

It's about the easticity of demands. The question is if you are chairsperson of a state tax commision responsible for establising a program to raise new revenue through excise taxes. Would elasticity of demand be important to you in determining those products on which excises should be levied?

2007-10-09 17:25:02 · 1 answers · asked by ½ÃÂù ± 2

11. A likely example of complementary goods for most people would be
a. hamburgers and hot dogs.
b. lawnmowers and automobiles.
c. hamburgers and French fries.
d. Dr. Pepper and Pepsi.
12. A likely example of substitute goods for most people would be
a. peanut butter and jelly.
b. tennis balls and tennis rackets.
c. televisions and subscriptions to cable television services.
d. pencils and pens.
13. You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought, and that this will cause the price of peanuts to double by the end of the year. As a result,
a. your demand for peanut butter will increase, but not until the end of the year.
b. your demand for peanut butter increases today.
c. your demand for peanut butter decreases as you look for a substitute good.
d. you will wait for the price of jelly to change before altering your demand for peanut butter.
14. A downward-sloping demand curve reflects
a. the idea that the demand for the good in question is decreasing as time goes by.
b. the idea that there are fewer suppliers of the good as time goes by.
c. the idea that there exists a substitute for the good in question and the price of that substitute is decreasing.
d. the law of demand.

Figure 1

15. Refer to Figure 1. The movement from point A to point B on the graph would be caused by
a. an increase in price.
b. a decrease in price.
c. a decrease in the price of a substitute good.
d. an increase in income.

2007-10-09 16:43:56 · 2 answers · asked by miss_su_09 1

??

2007-10-09 16:15:45 · 1 answers · asked by comma e 1

Is the government debt ($9+trillion) a problem for future generations? Explain.

2007-10-09 15:30:48 · 4 answers · asked by scalizithaproblem 3

Why is there always so much debate and anger about the role of government in providing a saftey net (welfare)?

2007-10-09 15:25:43 · 3 answers · asked by scalizithaproblem 3

I heard that from somewhere.

2007-10-09 14:08:04 · 8 answers · asked by Anonymous

2007-10-09 10:21:21 · 9 answers · asked by Anonymous

A few friends and I were discussing this today, in an intergalactic market, (assuming there are aliens and all that) what would be the Earth's main export?

2007-10-09 10:15:29 · 3 answers · asked by Rhuby 6

2007-10-09 08:16:47 · 2 answers · asked by Anonymous

2007-10-09 01:31:30 · 2 answers · asked by Ani 1

2007-10-08 21:50:01 · 3 answers · asked by david 1

BEIJING (Reuters) - The twenty-six year-old daughter of a rags-to-riches property developer is China's wealthiest person, with a $16 billion ( 7.8 billion pound) fortune, Forbes magazine said on Monday.

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Yang Huiyan shot to the top of the China Rich List after the firm her father founded floated on the Hong Kong stock exchange in April, creating five billionaires at once.

Her low-profile father, Yeung Kwok Keung -- who worked as a farmer and on construction sites before making his fortune, according to Chinese media -- had transferred his stake in Country Garden Holdings Co. to his daughter in 2005.

Also Asia's richest woman, the Ohio State University graduate this year married the son of a top Chinese official she met on a blind date, the China Daily reported.

She is one of the few on the list to have inherited her wealth, in a country where booming economic growth has created fortunes virtually overnight.

The economy has expanded so fast that the country's 40 wealthiest people are now all dollar billionaires, compared with just 15 last year, Forbes said in a press release.

Their combined net worth more than tripled to $120 billion, from last year's $38 billion, Forbes said.

But as the number of the super-rich grows, officials in Beijing are stepping up efforts to tackle the gulf between rich and poor because they fear it threatens social stability.

Real estate was among the most lucrative sectors. Eight of the top ten have big property development interests.

"Household incomes are rising rapidly, and a growing number of people are moving into cities from rural areas. Those trends are creating great business opportunities for property developers," said Russell Flannery, Forbes senior editor and compiler of the China Rich List.

Country Garden, based in the southern city of Guangdong focuses on building villas, townhouses and large apartments.

Yang's father is still chairman and chief executive while she sits on the board as an executive director.

Last year's number one on the Forbes list, Wong Kwong Yu, slipped nine places to squeeze into the top ten, even though his fortune rose by nearly 50 percent.

Forbes compiles its list by looking at stakes in listed and private companies and other assets. It excludes Hong Kong residents like tycoon Li Ka-shing -- estimated by Forbes to have a $22 billion fortune in January.

2007-10-08 20:21:09 · 3 answers · asked by franco vita 2

One of the biggest changes in our country was the change from a rural to an urban society. In a well thought-out essay, discuss why families began moving from the farms to the cities. What impact do you think this change had on family life in the Unites States?

2007-10-08 20:15:47 · 1 answers · asked by Evilz 1