Economics - November 2007

Explain it in the best way possible.
I'm trying to understand it more for a quiz that's tomorrow.

2007-11-07 12:18:31 · 1 answers · asked by Anonymous

Please refrain from posting if you DO NOT know the full answer.
Since a country's GDP is the total market value of its output (consumption/0investment/government spending/net balance of trade) measured in US dollars. Lets use the Canadian dollar as the example; the Canadian dollar has gained 40% on the US dollar over 4 years, a whole 10% in the past three weeks (from 1 USD-1 CAD to 1.1 USD-1 CAD today). If the Canadian GDP were to be converted to dollar, wouldn't this "raise" their GDP by 10% artificially. Obviously, GDP does not work this way, how is currency exchange rate adjusted? How is it dealt with?

2007-11-07 11:49:19 · 3 answers · asked by nothereanymoreomgteh 4

2007-11-07 09:57:40 · 9 answers · asked by j. james 1

A different kind of warfare. A warfare not comprised of military might but economic forces.

2007-11-07 09:24:32 · 7 answers · asked by B W 2

entering the market. Consider each of the following scenarios and determine whether the source of monopoly power derives from the fact that a key resource is owned by a single firm, from the government giving a single firm the exclusive right to produce some good, or from the fact that the costs of production make a single producer more efficient than a large number of producers.

Scholastic is the exclusive publisher of the Harry Potter series in the United States because it owns the copyright to the books.

A. Scholastic owns a key resource used to produce Harry Potter books.
B. The government gives a single firm the exclusive right to produce Harry Potter books.
C. It is less expensive for one publisher to print Harry Potter books than for many producers to do so.

2007-11-07 08:45:11 · 2 answers · asked by Jennifer L 1

2007-11-07 07:18:38 · 6 answers · asked by Victorpoprocks 2

2007-11-07 06:47:23 · 4 answers · asked by krazycai 1

I am doing work in social studies and need help.

2007-11-07 04:16:03 · 7 answers · asked by MistaCreep 1

2007-11-07 03:24:16 · 5 answers · asked by Anonymous

Will it ever go back up ? Are we headed for the euro , what gives ?

2007-11-07 02:10:23 · 7 answers · asked by Godzilla Gal 4

I asked a population question recently and one idiot insisted we need population growth to keep the economy strong...
obviously he hasnt been to a deforested area, seen agricultural land be consumed to make cities.. seen our land being raped simply so we can have more junk... seen polluted waters or skies (did you know in many places of China they NEVER see the sun?? - our consumerism is to blame)

for me the environment is 100% more important.. the economy wont matter if you cannot live on the planet.. I stand true to my word - I only had 1 kid - I will not contribute to the problem.

2007-11-07 02:09:00 · 9 answers · asked by Anonymous

"..the modern working class.. live only so long as they find work and ... find work only as their labor increases capital.."

2007-11-07 01:53:00 · 1 answers · asked by sheinfield 1

2007-11-06 17:46:07 · 17 answers · asked by rath 5

2007-11-06 15:34:53 · 1 answers · asked by conrad l 2

2007-11-06 14:01:15 · 4 answers · asked by CD 1

Almost every day, we hear the Canadian dollar is setting new records. But is our dollar getting stronger, or is the American dollar just weaker, since our dollar to euro ratio has stayed about the same.

2007-11-06 12:57:36 · 7 answers · asked by ? 2

"If they're Broke, don't Fixate on them"?

2007-11-06 12:51:27 · 1 answers · asked by rockman 7

reich is an terrific economist and professor and has a new best-seller. it really identifies how high technology has made things cheaper for consumers but is killing the working man. the public anger is growing and the same old story. the politicians and upper eschelon are enriching themselves and the xxx generation is working long hours at mcdonalds and walmart to pay the rent. on top of that is the immigration surge that takes jobs and silently lowers living standards for the average worker. he does a great job of defining an obscure situation.

the politicians and ceo's seem to have a lot in common. the working man is in deep trouble in years ahead without a huge move to turn out the damn officials.

2007-11-06 12:44:26 · 3 answers · asked by NYC Sewers 5

2007-11-06 12:07:54 · 3 answers · asked by Anonymous

claiming that stockholders have already been been taxed at the corporate level.
The Fair Tax advocates claim that removing the tax will reduce retail prices, that implies that consumers are now paying the tax.
If the tax on corporate profits were reduced to zero, and capital gains and dividends were taxed at 35% would retail prices fall.

2007-11-06 11:50:48 · 5 answers · asked by meg 7

2007-11-06 10:54:28 · 4 answers · asked by Anonymous

HELP.i am concerened about economics ,i want to listen some radion programmes which are really good and about economics.
Who can tell me the names,and the stations ?
Thank you very much .

2007-11-06 09:07:35 · 4 answers · asked by Anonymous

2007-11-06 07:29:23 · 9 answers · asked by ChicagoMan 3

2007-11-06 07:26:14 · 5 answers · asked by suppajam 2

why does Sweeden, with one of the highest tax rates in the world, have such a good economy?

2007-11-06 07:12:26 · 3 answers · asked by Anonymous

I have an old 20 from 1981, can i still use it?

2007-11-06 06:14:07 · 15 answers · asked by Ell!e Stelter 1

OK, tell me why if we are all so poor, and our country is in such debt, why can't we just print more money? Can't the treasury do that and get us out of debt? Since I've never taken Economics, how does actually printing more money decrease the value of the dollar??Stupid question, but I'd love to hear the reasoning!

2007-11-06 05:55:11 · 5 answers · asked by dinny's engaged!! 7

2007-11-06 03:26:01 · 13 answers · asked by miranda p 1

I am trying to calculate the economic growth for 2004. Yes, this is for school. Can someone please tell me the information that I need in order to calculate the economic growth for 2004? I can figure out what to do with the information and how to calculate the growth. Please help.

2007-11-06 03:05:23 · 2 answers · asked by Mark N 2

how much work can US do if the 'Iraq war money'(more than 400 billion) was spent on world poverty ???
Would you please help me with the world poverty website?

thank you

2007-11-06 03:01:54 · 3 answers · asked by junheo01 1