Economics - November 2007

do official statics mean anything? Example, if someone worked cash in hand they wouldn't show up on any offical statistics. Unemployment could be 8 million, the government might say 1.5. your thoughts.

2007-11-06 02:24:03 · 5 answers · asked by Anonymous

and plz. explain how they differ...and how to compute (i mean d' formula) for Potential and actual GNP..

thnx a lot.

2007-11-06 02:00:26 · 2 answers · asked by jeanleenor 1

abeter natural resource

2007-11-06 01:41:07 · 2 answers · asked by fruti@rogers.com 1

2007-11-06 01:25:05 · 5 answers · asked by leahram 1

2007-11-06 01:23:36 · 4 answers · asked by Anonymous

Cutting the rates seems to be making the problem even worse. What's your suggestion?

2007-11-05 23:39:26 · 6 answers · asked by Krazinski 1

and wrote 90 on top but on the dollar line wrote
eighty five,he gets away with this? and i get written up for not catching this

2007-11-05 23:30:08 · 4 answers · asked by wzappa 1

2007-11-05 23:15:48 · 1 answers · asked by Anonymous

For example 1 litre of water in a developing nation costs $x to produce. So if I was raising money I would need to raise $x to fund the production of 10,000 litres factoring in build costs etc.

2007-11-05 22:28:11 · 2 answers · asked by davidsmerdon1 1

2007-11-05 21:42:54 · 7 answers · asked by prajwal s 2

2007-11-05 18:36:29 · 3 answers · asked by babyface 1

2007-11-05 18:34:41 · 4 answers · asked by babyface 1

People often argue that a national consumption tax will cause people to buy less goods, because of the increased price they will have to pay.

1. This is bad because it lowers GDP correct?

2. Isn't this also good because people save more, making more money available in the financial system?

3.Also, I hear the counter argument that the increase in prices of goods will be offset because the companies making them will be paying less taxes. I think they say that goods now are 20% higher in price because of these built in taxes. Would a fair tax really eliminate these built in taxes and lower the price of the good?

4. I often hear that "money goes overseas to avoid our tax system" and that the fair tax would bring this money back. True or False?

2007-11-05 17:06:31 · 5 answers · asked by Anonymous

So I heard Ron Paul say that he wants to abolish the federal reserve. I hear this mostly as a quick soundbite. I never hear any real explanation of this. Is this a good idea or a bad idea? Do any other politicians support this? I would think hardly any economists would support this. Am I wrong?

2007-11-05 16:50:21 · 4 answers · asked by Anonymous

The U.S dollar now is worth about $.40 to the Euro.

2007-11-05 15:08:13 · 8 answers · asked by Anonymous

2007-11-05 15:06:11 · 44 answers · asked by Anonymous

I was reading this economy book, and there were these question at the end of the book ... and i found two interesting question that i thought to get others opinion about them.

1. All countries exports – All countries imports =???
"its an equation"

2. Can a market be deregulated??

2007-11-05 14:51:41 · 3 answers · asked by Jose 1

Why have different currencies when its not one for one. One dollar for one peso etc etc. In the poorer countries they just pay them more to bring the workers up to the same level.
5000 pesos an hour etc etc. So whats the point of one money being worth more???

2007-11-05 13:27:39 · 3 answers · asked by Starchild 2

2007-11-05 13:05:46 · 4 answers · asked by ♥ 6

2007-11-05 11:44:04 · 7 answers · asked by iamkaren_123 3

Consider an economy in which there is 1 firm Break fast, in the market for breakfast cereal. A new firm Tasty is deciding to enter the market which would change the market to a duopoly Assume that Healthy can choose to sell its cereal to grocery stores at a high price or a low price As a monopolist it can earn 8 million by selling at a high price or 5 million by selling at a low price If Tasty enters the market and Healthy sells at a high price each firm makes 3 million however if Tasty enters the market and Healthy sells at a low price each firm loses 1 million
The following diagram shows this game Tasty first decides whether to enter or not & then Healthy decides whether to sell at a high or low price
http://tinyurl.com/2t3y5y

Suppose that Healthy cant set longterm contracts with the grocery stores that sell its cereal Healthy issues a press release saying that if Tasty enters the market, it will sell at a low price This __ a credible threat & Tasty ___enter the market.

2007-11-05 11:43:48 · 2 answers · asked by Anonymous

2007-11-05 11:36:14 · 2 answers · asked by iamkaren_123 3

2007-11-05 11:15:01 · 5 answers · asked by Sonday 2

I didn't know that states traded amongst each other.

2007-11-05 11:12:49 · 3 answers · asked by iamkaren_123 3

Considering the major flaws of communism and the major flaws of capitalism, what would be a more perfect economic theory?

2007-11-05 10:44:17 · 6 answers · asked by Idontknow 1

2007-11-05 08:53:41 · 2 answers · asked by matterized4 1

One day I was sitting and reflecting about my time in college and a thought came to me. With everyone needing a college education and as a consequence graduating loaded with debt, can we continue on this path? Will it evetnually catch up to us and if so, when?

2007-11-05 04:20:41 · 5 answers · asked by J-MAC 1

2007-11-05 00:32:48 · 20 answers · asked by Anonymous

for an assignment

2007-11-04 22:22:59 · 1 answers · asked by Evelyn R 1

2007-11-04 21:51:48 · 5 answers · asked by Rip Van W 3