Economics - November 2007

What are some career paths I can have in this field? I am a Law student but not yet qualified as a solicitor (UK)
thanks

2007-11-02 05:42:13 · 3 answers · asked by Anonymous

2007-11-02 05:17:41 · 4 answers · asked by Anonymous

Americans can't seem to understand that they are surviving on credit as in America is like a poor man with a credit card. At least Americans can call on looking at central America as a comparison to boost the moral. Just don't look at Europe and Asia because that's where the US money went. And no problem as Americans also have their lying government to give them reasons a weak dollar is good.

2007-11-02 04:28:26 · 9 answers · asked by Anonymous

just asking your opinions...

thanks

2007-11-02 03:21:02 · 2 answers · asked by mackavelli786 1

Using a Production Possibility Curve to illustrate your answers,

a) what might be meant by an increase in productive potential?

b)Might an economy be operating at less than productive capacity?

2007-11-02 03:17:06 · 2 answers · asked by mackavelli786 1

I buy and sell on Ebay with folks in England and Canada. About 18 months ago, the exchange rate between British pounds and US Dollars was about $1.50=1 British Pound. Now it is $2.04=1 British Pound. It now takes about one third more dollars to buy a British pound than it did 18 months ago. The Canadian $1 is now about on par with the US $1. 18 months ago, it took about $1.20 Canadian dollars to buy one US $1.

It also takes about one third more US dollars to buy a barrel of oil than it did 18 months ago. Is the cost of a barrel of oil going up, or is the value of the US dollar going down?

Is the price of a barrel of oil going up in Britain and Canada as fast as it is in the US? Not if their currency is worth more than it used to be on the world market compared to the US dollar.

If the purchasing power of the US $1 has diminished 20% or more in the last 18 months, isn't that runaway inflation?

2007-11-02 03:11:46 · 7 answers · asked by cdb 3

2007-11-02 02:24:55 · 13 answers · asked by Anonymous

2007-11-02 01:11:49 · 8 answers · asked by DivCW 2

Ex. Ethanol

2007-11-01 20:21:44 · 7 answers · asked by I Speak the Truth 5

Suppose that the demand curve for a bridge is,
q = a - bp
where
q=trips per day
p=toll
a,b=positive numbers

Once the bridge is built, the cost to cross it is zero. But to build it costs C. What toll will pay it off? What toll will maximize the net benefits of the bridge?

My math teacher in high school a couple years ago always told me that one day all the numbers would dissapear....i was clearly not ready for this :(

thanks for your help.

2007-11-01 17:06:56 · 1 answers · asked by insert name here 1

What is the specific formula for elasticity of demand? Cross elasticity? Income elasticity?

2007-11-01 15:05:35 · 2 answers · asked by Robin Sparkles 3

Everyone seems to be complaining about a financial crisis. Gas prices on the rise, foreclosure on the rise....Whats going on.

2007-11-01 13:33:17 · 8 answers · asked by Anonymous

2007-11-01 13:14:55 · 2 answers · asked by Anonymous

2007-11-01 13:07:53 · 2 answers · asked by babyface 1

When was the first time in the United States that the nation was binded by a common currency across the country.

2007-11-01 12:56:00 · 2 answers · asked by celticboy831 2

2007-11-01 11:12:21 · 2 answers · asked by Kitty Kel 1

http://news.yahoo.com/s/ap/20071101/ap_on_bi_ge/fed_markets

2007-11-01 08:24:53 · 4 answers · asked by spillmind 4

I think most people know that the only thing backing the dollar is basically nothing other than the paper it's on. Is there some kind of belief system in place that keeps people from "making a run at the bank" and cashing out? What keeps the dollar valuable, mind control, perhaps?

2007-11-01 08:14:29 · 12 answers · asked by trer 3

2007-11-01 07:46:23 · 12 answers · asked by Anonymous

When democratic candidates like Barack Obama say that they want to decrease taxes for the middle and lower class and increase taxes for the wealthy, what does this increase in taxes do to our economy? How is it affected by this type of change?

2007-11-01 07:09:25 · 5 answers · asked by Anonymous

For example, if France had a very high employment rate, how would that affect the UK in terms of interest rates and inflation? Please explain thoroughly and simply.

2007-11-01 07:05:42 · 3 answers · asked by mbchelsea 1

2007-11-01 06:24:35 · 3 answers · asked by Desert Sienna 4

2007-11-01 06:04:37 · 5 answers · asked by Anonymous

I've already read "Blink" (didn't think it was that great). I've heard of such titles as "The Undercover Economist", "Naked Economics", "Choice and Consequence", "The Economics of Life" - can anyone comment on these or suggest something similar? I don't want to get bogged down with charts/graphs, I like the real-world and everyday issues that Freakonomics addresses the most about the book.

Thanks!

2007-11-01 05:12:46 · 4 answers · asked by Bradley B 2

2007-11-01 05:10:53 · 9 answers · asked by je suis mieux!!! 2

2007-11-01 01:32:45 · 7 answers · asked by Mi Chii 1