Economics - October 2007

The unskilled-poor will have more competition for their unskilled labour, driving wages down, while the owners or highly skilled will be able to take advantage of the general growth of the economy and being able to take advantage of more people...?
Just a thought...

2007-10-20 15:31:27 · 6 answers · asked by Chris tf 2

When American dollar went high, the gaoline prices went high.
Now that the American dollar is down, don't you think the gasline prices should come down as well?

2007-10-20 11:20:55 · 6 answers · asked by Anonymous

In other words, if we don't increase domestic spending and aim for eliminating the budget deficit, what arguments could be made for either side?

2007-10-20 10:16:23 · 6 answers · asked by Anonymous

shouldn't farmers be monetarily richer than say actors and rock stars or even CEOs of some arbitrary companies that deals with middle management between industries and business sectors.

money is just a paper currency that promises values of future goods. it's a linkage between what you've produced and what products you want to buy/get.

yet, companies that deal with money and related services are richer, get paid alot more than farmers and similar industries that provide needs for life.

if firms and entertainers etc make more money than say farmers etc, then what does that say about our priorities in today's society? if we're truly that far advanced and such primitive survivals are out of the question then why a huge chunk of humans dying everywhere from starvation etc and why are there still battles and wars that cry out primitivism?

that being said, is our value of money justified and correctly allocated by having money management firms and stock firms ranking high up there, along

2007-10-20 10:00:22 · 2 answers · asked by Anonymous

1 Wages have gone up.
2 Wages have gone down.
3 Wages have varied every few years.
4 Wages have stayed the same.

2007-10-20 09:54:49 · 2 answers · asked by tia 3

2007-10-20 09:47:26 · 3 answers · asked by Anonymous

2007-10-20 07:44:44 · 1 answers · asked by Anonymous

OPEC was responsible for the economy,it was felt all around the world.
So what did he do wrong?
Or what should he have done?

2007-10-20 06:28:24 · 2 answers · asked by Anonymous

1908 pennies
1960 pennies
1990 pennies
2006 pennies
2007 pennies explain the answer

2007-10-20 06:08:53 · 6 answers · asked by Dungeon Master 5

I have a table of data listing the consumption (in dollars) of five individuals at 3 different income levels. I know how to calculate the individual consumption functions but how do I obtain the aggregate consumption function to describe the consumption for all the individuals of this economy?

2007-10-20 05:53:23 · 2 answers · asked by Wise Idiot 1

The high price of oil in the 1970's fuel shortage was cited as one of the leading causes of inflation, yet in recent years oil prices have gone up a lot, but with little inflation. What is different now that is keeping inflation in check?

2007-10-20 05:39:31 · 4 answers · asked by Kevin S 2

http://www.fivemanelectricalband.ca/signslyrics.html

The lyrics are there.

"The song "Signs," originally performed by the Five Man Electrical Band and also covered by Tesla, takes a stand for communal ownership of property. What are the costs and benefits of communal ownership of property? Assume that "keeping mother nature in" is purely selfish - does the invisible hand principle still apply? How about in a situation where fences are illegal?"

Can someone please explain to me what communal ownership is?
And does anyone have any answers for the other questions about the invisible hand metaphor by Adam Smith?
I really need help brainstorming ideas and answers.
Thanks to anyone who will answer! =]

2007-10-20 04:09:06 · 2 answers · asked by Anonymous

2007-10-20 04:03:42 · 2 answers · asked by shahrukh_khan316 1

2007-10-20 01:54:16 · 3 answers · asked by cliffordw hippiefied ol fart 7

2007-10-20 00:26:09 · 5 answers · asked by Ren 1

What are the key economic/financial data that I will need to show this? My current line of thinking is that if Corporate profit as a % of GDP is unusually high then so will corporate profit as a % of revenue.....is this a true assumption? If so whats the rationale
Thanks all!! (Accounting major, thinking too hard about economics)

2007-10-19 20:11:53 · 1 answers · asked by Ruben G 2

2007-10-19 17:34:28 · 2 answers · asked by Nikkikaneshiro 1

Given everything that is going on in the housing market, and our economy being at the beginning of a recession, On a economic standpoint, what would you do to correct the problem, first as the chairman of the FED, second as the President? I know no one owes me an answer but am curious what everyone believes...

2007-10-19 17:25:33 · 6 answers · asked by Doug favors universal insurance! 3

The great and powerfull loonie is now worth more than the mighty United States dollar, At the rate its going I do believe we will be able to buy the States in a few years and I think as a canadian i will claim Las vegas as my own

2007-10-19 14:01:49 · 9 answers · asked by Anonymous

What would cause that to happen?

2007-10-19 12:51:06 · 7 answers · asked by The Lamb of Vista 3

With the cost of everything from eggs to heating fuel sky rocketing and the greed of the big bussiness bosses it appears even to most financial experts we are running headlong into a recessionary period. What next third world classification for most of the american public?

2007-10-19 11:06:29 · 1 answers · asked by Anonymous

I mean, it seems to me that everytime the stock market has a bad month or a couple, the Fed has to jump in with the promise of a rate cut--and everything goes back to the way it was:

Stocks go higher and every trader is happy.

Is this the answer to dealing with an obviously weak economy and a weak dollar--coupled with a housing meltdown and high oil prices?

More rate cuts? We all know what happened when Greenspan kept rates artificially low for several years: A housing bubble that burst.

(And please don't tell me that the economy is "strong". We all know that it isn't. We've been riding a high of credit debt and mass overspending by consumers to keep ends met for years now, along with higher energy prices, stagnant wages, and higher costs in healthcare and living. Those of you who believes otherwise--clearly haven't been keeping up on the latest news.)

2007-10-19 11:05:12 · 6 answers · asked by Anonymous

This seems to be related to organizational architecture. I was wondering if tipping large parties would somehow discourage free rider problems.....not sure. I guess it makes sense that the restaurant owner would have the decision right to create such a policy.

2007-10-19 07:04:00 · 10 answers · asked by Anonymous

I wanna see <$70 a barrel again.

2007-10-19 01:46:34 · 7 answers · asked by I hate Hillary Clinton 6

Although the extremes of poverty and aristocracy are no longer expressed openly in society what impacts does social division through class still have on the community and on a larger scale of the world?

2007-10-19 01:28:29 · 3 answers · asked by Anonymous

If fuel taxes are to reduce consumption by price rationing, fuel consumption should fall.
If it doesn't - it's not working.
That means it's just another goverment scam to gouge the tax payer for more money to throw away.
Nobody ever seems to ask if the strategy is actually working!

2007-10-18 23:24:43 · 4 answers · asked by Anonymous

i need some hints on how 2 build the robot we r workin on.

2007-10-18 10:54:03 · 2 answers · asked by angel 1

I am researching a project for International Accounting and am trying to find information that compares the GDP of large multinational corporations to that of world economies. I have found the info for 2005 but have been unable to find 2006 . . . suggestions??

Thanks

2007-10-18 05:52:47 · 1 answers · asked by On the rocks 2

pls. answer me...

2007-10-18 02:06:30 · 2 answers · asked by Chokoh 1

Why did China experience such high population growth?

2007-10-18 01:08:06 · 7 answers · asked by Geoking 1