Economics - October 2007

Pardon my ignorance.

But someone told me that in America often the price of the Value Tax is not added onto the price label in stores.

So for example if the state i was in had a 5% Value Tax rate and I saw a can of coke priced as being 80 cents, it would actually be 84 cents when i get to pay for it.

Is this true? Do American price tags exclude the Value Tax, It doesn't sound true to me.

2007-10-16 08:58:26 · 9 answers · asked by tominator1uk 3

I say yes. I'm all for capitalism but should it be limited? The gap between rich and poor is getting bigger every quarter of every year. The money made by corporate giants just keeps going back into the corporate vaccum and becomes a vicous cycle thats good for corporate interests but bad for the majority of working Americans. Ridiculous corporate salaries and bonuses both in the private and public sectors have so angered Americans its coming to the point where something needs to be done or else. What other solution is there to keep this country from a future civil class war? Do you even care that one person makes $10,000 a day and another $30? Are u elite, rich, middleclass, poor, or indigent? Give me your perspective of this issue. If something is not done soon to change this unfair greed driven system will it survive much longer? Is there any hope to avoid the future chaos capitalism has created? I will never understand greed. When is enough enough?

2007-10-16 07:10:26 · 13 answers · asked by ? 3

who are the top 5 richest in the world?

2007-10-16 02:36:44 · 22 answers · asked by Anonymous

i need theories of economic growth and development..

please..please..help me!

tnx!

2007-10-16 00:54:09 · 3 answers · asked by >miSs.a< 2

Restore US Manufacturing
Are you willing to pay a little more $$ to ensure that the products we use are safe? If it costs more to employ a US employee to do what 3 foreign workers can do for less, are you willing to restore (i.e. pay more) our USA Made Production

2007-10-15 23:01:08 · 6 answers · asked by RUNINTLKT 5

I can't find it anywhere...

2007-10-15 21:21:44 · 2 answers · asked by Anonymous

A firm should be encouraged to maximize profits because this makes the firm more efficient.?
Discuss whether this assessment is true for a firm operating in perfect competition, as well as one operating in imperfect competition[Monopoly].
Its an assignment and I really need a good grade on this....please help me out...any supporting links would be great...I need this to be like a 2 pages long... :| An A level perspective would be much appreciated

2007-10-15 20:08:49 · 3 answers · asked by muahaha 2

back in the day we had more industrial jobs for men and women, now it's service jobs, service jobs really don't help the usa economy as much as industrial jobs cause if we have industrial jobs we'll also have service jobs with it, so why is it that our government let people outside the usa make these goods for us to consume cause it's cheaper, it's not cheaper but it's a tradeoff, taking our industrial jobs for a lower priced resource, now we're stuck with less work in our domestic economy and we have goods not made in the usa, why doesn't our government promote this, why do they brainwash amercians into thinking this is saving the world money, americans are better off making things for our own and americans should pay more for what we produce cause we have to live with reputation and honor, we also need to stop imports and if there are imports, the government should tariff it by the amount of industrial wages that could've been paid out to americans if americans worked the products

2007-10-15 19:14:58 · 2 answers · asked by Anonymous

I need to make an economic case for this consolidation into a metropolitan-area government. Why is it favorable? thanks

2007-10-15 18:22:13 · 1 answers · asked by k-boi 3

2007-10-15 15:13:38 · 10 answers · asked by ZchDnlp 1

this president? "It looks like a budget. It has lots of numbers in it."

2007-10-15 12:59:09 · 1 answers · asked by Anonymous

Remember that Baby Boomers are all those born between the years of 1946 and 1964!!! That's a whole lot of people...

2007-10-15 09:19:07 · 5 answers · asked by Holiday Magic 7

2007-10-15 09:09:08 · 13 answers · asked by Atlas 2

I heard one theory was budget deficits are tolerable so as long the economy keeps growing at a faster rate.Is that sustainable in the end?

2007-10-15 07:33:59 · 2 answers · asked by Anonymous

I'm doing a project for class where we hav to analyze a state, Mine is Illinoise.

One of the questions is the below poverty level line, I looked it up on a govt site, Is 12% of the population of IL. really that poor.

On the tabel I looked at I saw that Missisipi was around 22. WTF

2007-10-15 07:18:17 · 9 answers · asked by Anonymous

Up until now, every country around the globe happily burns oil in every way, as if this fossilized carbon grows on trees. Our entire economy is based on cheap oil. We know, demand will outstrip supply at some point, but are we there yet? One thing is for sure, there hasn't been a major oil field found since 1980. What do you think?

2007-10-15 06:58:33 · 6 answers · asked by Anonymous

2007-10-15 06:57:02 · 1 answers · asked by phiyendang 2

2007-10-15 06:52:47 · 2 answers · asked by Anonymous

2007-10-15 06:18:27 · 6 answers · asked by Marina k 1

You know....the inflation that didn't exist and was absolutely in check? Do they know the real reason why the commercial paper was failing as well? Or do they care to ever really admit the real reason?

2007-10-15 05:40:40 · 2 answers · asked by Anonymous

i need answers by monday

2007-10-14 15:36:09 · 2 answers · asked by Vampiress 1

The question is just a tiny piece of a larger question I suppose and that is.. why does everything in Canada still cost so much when our dollar is beating the american dollar lately? Its not just Happy meals from McD's, but its Cars, clothes too(you can buy a sweater from american eagle online, and if i buy it from the US instead of Canada I save money).

That all said, what is the reason our dollar isnt influencing our economy, and are we suckers for letting it happen?

2007-10-14 14:45:57 · 11 answers · asked by mac_ad1 2

Last week on CNBC there was a video clip of Hillary Clinton saying" "George Bush has been raiding the social security trust fund..."

Is that true, or was she lying? Can you explain?

2007-10-14 14:33:16 · 4 answers · asked by KevinStud99 6

this is for my homework and i cant find any story or article that ia m interested on

2007-10-14 14:13:09 · 2 answers · asked by PrinciTHiNk 2

2007-10-14 12:05:44 · 7 answers · asked by manish 1

2007-10-14 10:55:44 · 4 answers · asked by Anonymous

What are the two fastest growing components of the U.S. federal budget?

A. defense spending and discretionary spending
B. entitlements and net interest
C. entitlements and defense spending
D. dicretionary spending and net interest

2007-10-14 07:57:11 · 1 answers · asked by scalizithaproblem 3

I have this as an economics tutorial question. I've already looked online and through all my textbooks and found nothing. I just need a few lines to explain this question:

Assume that the domestic country operates under a fixed exchange rate regime, and capital is completely mobile. Explain the effect on the domestic economy of an increase in foreign income, beginning from a point of general equilibrium, using the IS-LM-BOP framework.

Thanks!

2007-10-14 06:29:41 · 4 answers · asked by Anonymous

2007-10-14 04:52:12 · 1 answers · asked by DJ Cowboy 2

I tried to show four combinations of regression analysis. However, I am not sure how to show which combination of the four presented would be the best fit?

2007-10-14 03:39:36 · 2 answers · asked by Answer 1