Economics - December 2007

enforce property rights.

fix prices and wages.

set the ground rules for the operation of private enterprise.

enforce contracts.

multiple choice

2007-12-04 09:30:57 · 4 answers · asked by shanipooh2004 1

I'm studying the Gilded Age of the U.S. and I don't understand this line in my text book:

"now afflicted farmer and debtor groups clamored for a reissuance of the depreciated paper money. They reasoned that more money meant cheaper money and, hence, rising prices and easier-to-pay debts."
Context: Loaners wanted deflation, because they didn't want to be payed back in depreciated money.

I just really don't understand the concept of inflation.. and why debtors would want more depreciated money when the price of their debts will increase..

Could someone explain this in simple terms? thanks very much

2007-12-04 09:28:23 · 2 answers · asked by Psycho Dork 2

2007-12-04 08:53:59 · 2 answers · asked by Tiffany W 1

I've started studying Economics not long ago. Why is the total cost above the variable cost?

2007-12-04 08:30:18 · 2 answers · asked by Anonymous

2007-12-04 05:28:09 · 2 answers · asked by Anonymous

The fiscal drag is an undesirable built in stabilizer that prevents te economy from recovering from a state of high umemployment and low economic acitivy.

What kind of tax policy would you suggest to offset the fiscal drag? Explain.

Thanks!

2007-12-04 03:31:49 · 4 answers · asked by SIGH 2

I have tried to find it so i can graph it in Excel, but I cant find the data

2007-12-04 03:08:48 · 4 answers · asked by AndyCFCO 1

2007-12-04 01:56:15 · 13 answers · asked by brendan 2

I am not too educated in this topic, but from what I know it seems that communism is a failed system because of human's individuality. People are competitive and don't want to be limited in what they can do. Other than this, is communism a good idea?

2007-12-04 01:52:07 · 15 answers · asked by airforcewolf 4

it needs to be answer within 20 minutes an somebody help me out

2007-12-04 00:40:33 · 2 answers · asked by *Diamond Princess* 1

I am aware of the subject's worth and have no options than to learn on my own; just seeking right guidance.

2007-12-03 21:56:29 · 7 answers · asked by suman 1

Lets face it, Iraq is rich in natural resources and have the potential to bounce back due to the oil prices.

Lets say one bought 10 million dinars at a negligable cost today, and it were to recover to the value of the US dollar in 10 years time.

Is this possible?

2007-12-03 21:54:50 · 4 answers · asked by Anonymous

Indicate where the activity would be recorded on the expenditure side of U.S. GDP accounting. Your choice are C, I, G, X (exports), M (Imports), and NR (not recorded).

a. A housing developer buys 10 acres of land near 880 freeway in Oakland, California.
b. The housing developer builds 50 new houses on those 10 acres of land.
d. The Oakland Police Department hires an additional police officer due to high crime wave in Oakland.
g. A homeowner in Oakland mows her lawn and straightens up the yard.
h. A homeowner in Oakland drives to Home Depot and buys a new microwave, which was manufactured in China.
j. A San Francisco-based architect sells plans for a new office building to a company in Shanghai.
k. David Simon grows tomatoes for home consumption.
n. A refurbished DVD player bought on ebay.
o. The piling up of inventories on Safeway's shelf.

I need help, does anyone know what side of GDP do these record on? (consumtion, investment, government exp., exports, imports, or Not Recorded)

2007-12-03 19:37:08 · 3 answers · asked by Jeff 2

That is, using too much information to solve problems, and getting into too many details while living life, rather than using ones intuition more. Losing ones spontaneity, because of too much checking of data.

2007-12-03 18:01:53 · 1 answers · asked by Anonymous

What effect does a large federal deficit might have on interest rates

2007-12-03 15:14:36 · 2 answers · asked by tessa 1

Using the supply and demand for bonds framework, why are interest rates procyclical (rising when the economy is expanding and falling during recessions).

2007-12-03 15:11:38 · 2 answers · asked by tessa 1

From an economic point of view, what will ahppen to the leisure demand of women given that the birthrate is decreasing? And also, what will happen to the labor supply ?

2007-12-03 15:04:44 · 5 answers · asked by char 1

I need information about China's economic geography.

2007-12-03 14:53:10 · 3 answers · asked by tom a 1

good for america??

2007-12-03 13:44:28 · 2 answers · asked by mike 2

Im thinking of being an Economics Major. How hard is the studying? What kind of Job opportunities would i have after i finish my degree?

2007-12-03 13:19:37 · 3 answers · asked by Erci Bryant 2

If a person can't pay his bills, they end up on the street, but what happens when a nation can't pay its bills?

I have heard of some horror stories of when Russia went under: Some had to sell everything they had, including their bodies, just to buy food.

"Even if you've escaped the recent housing and credit crunches and are coping with rising fuel prices, you may still be headed for economic misery, along with the rest of the country. ..."

U.S. debt: $30,000 per American
http://www.usatoday.com/news/washington/2007-12-03-debt_N.htm?csp=34

2007-12-03 13:15:58 · 4 answers · asked by Joe_Pardy 5

2007-12-03 12:25:49 · 2 answers · asked by smily 1

2007-12-03 12:04:00 · 4 answers · asked by CD 1

The European Union (EU) has eliminated import restrictions among its members. Who is helped by this and who is hurt?

2007-12-03 12:00:29 · 2 answers · asked by CD 1

2007-12-03 11:57:17 · 8 answers · asked by CD 1

I need different opinions that are well detailed and elucidated. This question is for a social science fair.

2007-12-03 11:42:48 · 4 answers · asked by kyla 1

Ok, I heard most technical jobs and many state office jobs are out. What jobs will be in demand during a depression, meaning there will be a job?

2007-12-03 11:36:50 · 6 answers · asked by Lil Blousou 3

I need a little help with my business homework. The question is: How would you accomplish exposure netting with currencies to two countries that tend to go up and down together in value?
I wasn't sure whether to post this in business and finance or economics, if I should post elsewhere, let me know.
So, it is my (limited) understanding that exposure netting can happen in two circumstances, currency groups or the pairing of a strong and a weak currency. The above, I believe, would be the situation of a currency group. Right? So, now...how do I elaborate? Or how would you?

2007-12-03 11:34:44 · 0 answers · asked by Anonymous

what virtues are also needed to be developed?
i need to do this for saome surveys and statistics...",)

2007-12-03 11:32:43 · 3 answers · asked by prince miko 2

2007-12-03 10:48:30 · 1 answers · asked by ☃FrostyGal♪♬♪ 4