Economics - November 2007

They're doing it again. Ben Bernanke has announced that the Federal Reserve is printing another 8 billion dollars tomorrow to help with the ongoing real estate subprime market fiasco. Shouldn't this burden be born by the people that own the bad debt instead of financed on the backs of American workers?

How lucky for the owners of the Fed. They get to print money then charge the government interest on it. I want their job!

It's a shame that our currency is going to become even more diluted.

2007-11-26 15:29:38 · 1 answers · asked by Pragmatism Please 7

Professor Thomas DiLorenzo discusses in his article “Do Capitalists Have Superior Bargaining Power?” labor unions and the perceived disadvantage of individual laborers in bargaining individually for wages. He argues that that is a common and incorrect perception saying:

“All employers want to pay the lowest price possible for the things they buy, such as labor services, and get the highest prices for the things they sell … But economic reality places limits on these pipe dreams. In labor markets, competition among entrepreneurs assures that there is a close association between worker compensation and the marginal productivity of labor … Workers therefore become more valuable to employers if their marginal productivity increases, which is caused by capital investment by employers (which makes labor more productive and hence more valuable), technological improvements, which are usually the result of employer investments in research and development, and improved human capital, which is

2007-11-26 15:16:44 · 2 answers · asked by carriebryant2001 2

2007-11-26 15:04:43 · 3 answers · asked by Titanic Fan 3

2007-11-26 14:26:20 · 1 answers · asked by Josophine J 1

2007-11-26 13:36:03 · 1 answers · asked by Anonymous

2007-11-26 13:32:39 · 1 answers · asked by Anonymous

look at canada's current economic situation
or would a fiscal policy be sensible to put into play if inflation is high and unemployment is low

2007-11-26 12:30:43 · 1 answers · asked by Nikhil R 1

I have to write on this passenge, anyone here can help me, what i can wirte about?
Thanks!

2007-11-26 10:53:45 · 4 answers · asked by Purple Rain 1

2007-11-26 09:56:35 · 2 answers · asked by ValerieRose 1

a) rich taxpayers should pay more than poor taxpayers.
b) when people pay a gasoline tax used to maintain highways for fuel for their motorboat.
c) when travelers pay toll to cross a bridge.
d) when people with no children pay property taxes to support public schools.

2007-11-26 09:54:54 · 4 answers · asked by darkone 1

We all know that the dollar is in sad shape. From Giselle Bundshen allegedly not accepting US dollars in payment and Jayz waving around Euros in his videos to Jim Rogers, the guy that helped George Soros break the Bank of England in 1992 by shorting it and is now looking to divest from the US dollar entirely. My gold broker is even suggesting that the US dollar is headed for a major downturn. (I am sure he is looking for me to continue to buy gold but still....)

Who here feels the US dollar is headed for a collapse. If not, explain why you think so.

2007-11-26 09:50:22 · 5 answers · asked by Kenneth C 6

Aggreagate demand is made up of consumption, investement, government spending and net exports, what are the proportions of each?

2007-11-26 09:44:30 · 1 answers · asked by Anonymous

Does boycotting Walmart help our country? Why or why not?

2007-11-26 09:07:22 · 6 answers · asked by just me 6

2007-11-26 09:04:57 · 2 answers · asked by Anonymous

it's for my debate so any proper answers would be greatly appreciated!

2007-11-26 08:27:25 · 3 answers · asked by icehotktty 1

Make an appraisal on the different measures taken by the government to make the human resources development relevant to ours country's needs today.

2007-11-26 02:25:33 · 1 answers · asked by Pumpkin Pie 1

There's a lot of talk of a 'soft landing' with the drop in house prices and the slow down of the economy but surely there will be some clear consequences to the fact that people in Ireland are in quite a lot of debt. Any ideas of what we can expect?

2007-11-26 01:54:38 · 3 answers · asked by Bart 2

I mean, I do realise there is some sort of link, but what I think what I don't get is:
Is it generally inevitable for an economy that is experiencing economic growth to simultaneously experience inflation?
Basically, does an economy that experiences economic growth will also always experience inflation?
I mean, from what I gather is that yes inflation will occur because when an economy is doing well, prices tend to rise.... I think?
Or is it that growth causes inflation? Or inflation that undermines growth? I
'm so confused.

2007-11-25 23:39:56 · 5 answers · asked by Anonymous

I understand "supply and demand"-- but surely the US doesn't fluctuate that dramatically. Why were the fuel prices in January of this year, about $1.00 less than they are now? Is this just greed? What can be done about this? It irks me to see so many large "status symbol", "keepin' up with the Jones's" vehicles on the road, but honestly-- I cannot do anything about them. What do you think we can do to get our fuel prices back to a reasonable price again?

2007-11-25 22:27:05 · 7 answers · asked by jahulobo 1

I'm curious. Do you think that it is better if a person has to work for what they want and to earn what they get, so that they may know the value of their earnings more thoroughly and thus appreciate them more? Do you find this to be true? And I don't mean someone else or another group. I mean you individually, how you feel/think/believe.

2007-11-25 20:59:52 · 5 answers · asked by Anonymous

Please provide the reason for your answer.

2007-11-25 20:30:03 · 9 answers · asked by Anonymous

This is what I hear from my friend. Is their any truth to it? what do you think?

2007-11-25 20:00:11 · 5 answers · asked by Anonymous

2007-11-25 19:44:55 · 1 answers · asked by Michael M 1

& Germany even fell into a recession.Explain what the above statement means (12 mrks)

2007-11-25 16:53:11 · 2 answers · asked by wambz223 1

The table below shows the nominal interest rate and the inflation rate for two different years in the economy of Abudhabi. In both years, the Abudhabian government taxed nominal interest income from saving at a rate of 30%.


Year 1
Nominal Interest Rate 7%
Inflation Rate 2%

Year 2
Nominal Interest Rate 12%
Inflation Rate 6%


*****The higher inflation rate in year 2 reduced the incentive to save in Abudhabi. True or False?

2007-11-25 16:40:44 · 4 answers · asked by Anonymous

Trucks on the Coquihala highway are charged a higher toll to use the road than cars are. Is this a price discrimination? Briefly explain.

2007-11-25 15:57:46 · 7 answers · asked by hlnov13 1

a) an increase in the selling price of another good producers could produce.
b) a decrease in the cost of needed inputs (such as raw material) used in the production of the good.
c) a decrease in consumer incomes.
d) a tariff inposed on the good.

2007-11-25 15:33:42 · 2 answers · asked by darkone 1

does anyone have any proof why? 10 points to best answer! i promise!

2007-11-25 15:29:39 · 4 answers · asked by noisa829 2

2007-11-25 15:26:09 · 4 answers · asked by kim r 1

Basically when could a company have avoided bankruptcy or anything like that if they were economically literate?

thanks for any help!

2007-11-25 15:18:39 · 2 answers · asked by Anonymous