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Economics/Questions Answered by Expert Docs99
| Subject | Date Asked |
| Job Market | 3/9/2011 |
| Q: I am from Buffalo, NY and according to Forbes magazine the only city that has a worst job market is ... A: I paid attention to what you wrote and kind of read in between lines. Times are tough. However, I ... | |
| Job Market | 3/7/2011 |
| Q: I am from Buffalo, NY and according to Forbes magazine the only city that has a worst job market is ... A: Those numbers are based on general averages. That does not mean that for every 1.1 job there are 100 ... | |
| Question | 10/25/2010 |
| Q: how are you going? :-) My Dad was a kid in Greece, and in 1942- 1945 approx, when world war 2 was ... A: I am not very familiar with the economic history of Greece, however, I believe that period was one ... | |
| Roller Coasters | 10/20/2010 |
| Q: We are three middle schoolers that have a few questions for you. We are doing a project about roller ... A: Unfortunately, am an economist by training and I do not know anything about engineering. I am not ... | |
| dowjones during the vietnam war | 7/21/2010 |
| Q: my question is if you know how was the dowjones affected by the vietnam war, how was it before the ... A: You may want to check the value of the index for those years. I believe Dow Jones numbers are ... | |
| elasticity problems | 6/21/2010 |
| Q: I am getting confused trying to understand elasticities. Could you please give me the thought ... A: What books are you using? Any basic text book has the formulas. Try these links: ... | |
| elasticity problems | 6/21/2010 |
| Q: I am getting confused trying to understand elasticities. Could you please give me the thought ... A: Please do not try to memorize the concept. Think about an action/reaction process: If you buy a ... | |
| hypothetically... | 6/1/2010 |
| Q: If the economy ever collapsed completely and the dollar lost all of it's value... what would happen ... A: I believe payments will still be enforced and had to be made. I don't think the creditors will ... | |
| cash in Euros in a bank | 2/23/2010 |
| Q: In this economic environment, I'm feeling very anxious about all my savings. I've worked in Europe ... A: I am unable to furnish you with investment advice. You mentioned a credit union. You may want to ... | |
| Dissertation title | 2/11/2010 |
| Q: I am studying BSc Economics at the University of Birmingham, UK, and i am currently trying to find a ... A: I am not sure what you are asking, but, you may want to go with a simple title. I like the idea of ... | |
| Duration of Portfolio | 2/11/2010 |
| Q: How do I find the Macaulay or modified duration of a portfolio of sub-prime mortgages? For ... A: I am not sure if this will help. Found this paper online: ... | |
| Rice Production | 2/2/2010 |
| Q: I am a student from the far eastern university, Manila, Philippines and we are conducting an ... A: I am not sure if I can be of assistance. Have you contacted anybody from Texas A & M? Also, you may ... | |
| thank you | 12/17/2009 |
| Q: I wanted to thank you for responding so quickly to my question of male female income head count NY ... A: Let me do some research. I have seen listings with income levels but not by gender. The Census does ... | |
| money | 9/20/2009 |
| Q: in countries like great depression Germany, and current Nigeria, money gets little enough value that ... A: In fact, this has been done. Take Argentina, its currency drop several zeros between the seventies ... | |
| Historical finance | 9/10/2009 |
| Q: I would like to know what Rs 60,000 would have been worth in GBP in 1866 (i.e. both values in 1866 ... A: You may want to check for a historical series of the exchange rate. You may not have a direct ... | |
| Argentina Pegged Currency Regime | 9/4/2009 |
| Q: At the time Argentina had a pegged currency regime. How appropriate to use PPP in countries like ... A: In the Argentine case, the peg was a short term solution. No long run plans were implemented. The ... | |
| wages in the 19th century | 8/11/2009 |
| Q: I may be asking this question in the wrong category; I wasn't sure whether to post it under history ... A: Certainly a good question!!!! I would imagine that a kid that age would work for room and board ... | |
| the federal reserve 1979 | 8/1/2009 |
| Q: Why did the fed switch it's focus from interest rates, such as the federal funds rate, to target the ... A: http://www.historycommons.org/context.jsp?item=USFedResTtgMonSup Hope this helps. It is really ... | |
| Marketing a useless service or product... | 7/26/2009 |
| Q: My question is actually related to global warming but I'd like to know one economic aspect of it. ... A: Sorry, I don't believe in global warming as presented in the media. You may want to see the theory ... | |
| Indian Currency | 7/18/2009 |
| Q: I have a unsolved question from my childhood that 1) how the Indian currency is printing? 2) On ... A: any country prints money, generally speaking, under the same principles. The theory will certainly ... | |
| cost of living | 7/18/2009 |
| Q: was the purching power better in 1959 or 2008. A: However, I would like to ask you: in what country? In what region? Regarding what goods and ... | |
| questions about the future of the global economic crisis | 7/17/2009 |
| Q: I reside in the US and I'm seriously considering relocating to another country for different job ... A: Your question is very valid and relates to the free mobility of production factors. In your case ... | |
| prices | 7/7/2009 |
| Q: Docs99 This question may seem a bit silly for you, but as an ordinary person it's something I've ... A: Prices go up due to many reasons. Utilities, e.g., may go up if the price of oil goes up. My ... | |
| Minimum Wage Law | 6/18/2009 |
| Q: I have read about Minimum wage law. Is there Maximum wage law also? if so then what it is? I have ... A: I wouldn't take Wikipedia as a source. You may want to check some Labor Economics textbooks. I don't ... | |
| Minimum Wage Law | 6/18/2009 |
| Q: I have read about Minimum wage law. Is there Maximum wage law also? if so then what it is? I have ... A: Thus far there is no such thing as mandatory maximum wages. Some companies, such as Ben and ... | |
| VAT tax on items imported into US | 6/11/2009 |
| Q: I live in the US. I would like to purchase a product from a company in the UK. Their price for ... A: You should not be liable for the Value Added Tax in the UK, provided the products are taken out of ... | |
| inflation in the U.S. | 6/11/2009 |
| Q: I was born in 1988 so I really don't know the answer to this question. I have heard by different ... A: I really do not know if we will experience that same kind of inflation and price differences in the ... | |
| College? | 6/7/2009 |
| Q: I'm 13 at the time and I make straight A's,only for B's this year,I'm getting ready to go to high ... A: Looks like you know what you want. Congratulations. You may want to start looking at scholarships. ... | |
| speculation | 5/21/2009 |
| Q: Doc. I am looking for the best books available about Speculation. I would like to understand the ... A: Speculation is a very broad topic. There is speculation on oil prices, commodities, vintage cars, ... | |
| currency value difference | 5/20/2009 |
| Q: I livining in india.One US dollor is 42 indian rupee.How the difference comming?explain me in simple ... A: The exchange rate is the price of one currency in terms of another currency. Basically, the exchange ... | |
| Poor? | 5/5/2009 |
| Q: If you live on welfare and medicaid,does that mean that you are poor but you don't live under poor ... A: This is a very subjective question. The answer to your question, in my opinion, has to be answered ... | |
| Rising & Falling Dollar | 4/22/2009 |
| Q: My question is not a homework question! ----------------- Sorry, but I don't answer homework ... A: You may want to check out a basic text book on International Monetary Economics and target the ... | |
| economics assgnmemt | 4/14/2009 |
| Q: Suppose that after drinking five cups of tea early morning,your friend tells you that the total ... A: This example reflects the decreasing marginal utility of tea. As you get satisfied by each cup, the ... | |
| unemployment | 4/3/2009 |
| Q: Would you be able to tell me were I can find the numbers of unemployed form 1929 to 2009. I need to ... A: If you are looking at the United States, the Bureau of Statistics and the Department of Labor. Also, ... | |
| economics | 3/14/2009 |
| Q: 1.How is domestic territory of a country different from its political frontiers? A: Am not sure what you mean. However, I would venture to respond in this manner: Before we established ... | |
| Mortgage Bailout | 3/12/2009 |
| Q: I had asked this question to another expert on this and he believed I was a student trying to get ... A: I do apologize but I prefer not to answer questions that involve a political opinion. I disagree ... | |
| Mortgage Bailout | 3/12/2009 |
| Q: I had asked this question to another expert on this and he believed I was a student trying to get ... A: I prefer not to answer questions that imply a political choice. However, my question to you would ... | |
| hedge funds | 3/9/2009 |
| Q: what are hedge funds and why are they important. ive looked it up online, but i was hoping you can ... A: You may want to start with the following: http://en.wikipedia.org/wiki/Hedge_fund Also, if you ... | |
| printing notes | 3/6/2009 |
| Q: i would like to know the ruled associate with printing currency notes by a country..can a country ... A: In theory and in a healthy economy, the money printed is correlated to the reserves in boullion and ... | |
| economy | 3/3/2009 |
| Q: I am on the debate team and I am research information about the economy. We will be debating ... A: You may want to check The Economist, The Economist Intelligence Unit for the United States, the ... | |
| To whom are the debts owed? | 2/20/2009 |
| Q: I am hoping you can please answer the following question. The fact that I can't answer it myself is ... A: My pleasure. The well known commercial and investment banks are a start. Also, state and local ... | |
| To whom are the debts owed? | 2/20/2009 |
| Q: I am hoping you can please answer the following question. The fact that I can't answer it myself is ... A: This can be a very long answer. The short answer is: to financial institutions, to multilateral ... | |
| To whom are the debts owed? | 2/20/2009 |
| Q: I am hoping you can please answer the following question. The fact that I can't answer it myself is ... A: You may want to look at the question in a different way. To whom do people owe money? Governments, ... | |
| Career advice | 2/18/2009 |
| Q: My Name is Rohan Jolly and i am a seventeen year old highly confused. i left my first year in ... A: It is not what is better or best, rather, what is the best choice for you and a choice that will ... | |
| global economy | 12/8/2008 |
| Q: The global seems to be very dependent on the US economy, and this seems to be proving true given ... A: In this day and age, the world economy is globalized. It is really interdependent and what happens ... | |
| Economic environment | 12/7/2008 |
| Q: I was wondering why economic models require assumptions and the consequence of ceteris paribus..with ... A: Any model requires assumptions. A map is a model. We make assumptions that cities are a circle, ... | |
| ECONOMICS | 11/14/2008 |
| Q: EXPLAIN WHY WATER WHICH IS VERY ESSENTIAL TO OUR EXISTENCE IS VERY CHEAP, WHEREAS DIAMONDS WHICH ARE ... A: You may want to read a bit on theory of value. Also, supply and demand and the abundance factor ... | |
| environmental movements/revolutions | 10/25/2008 |
| Q: I am looking for information or good information sources to help with an essay on environmental ... A: Interesting topic. You may want to try, not the last, the one before, issue of the New Scientist, ... | |
| surplus - national debt | 10/16/2008 |
| Q: In this evening's debate, it was said that there could be a budget surplus even though there is ... A: Say, if a person has a debt, e.g. mortgage on the house, and pays monthly instalments. Then we look ... | |
| Is it valid for economists to use time series data to create demand graphs? | 10/14/2008 |
| Q: I want to use real quantative data to draw a demand graph. I've chosen butter. The data I have ... A: Am not sure about your data since I am not seeing it. However, some goods do not have a well ... | |
| Economy | 10/12/2008 |
| Q: Whats wrong with the American economy. i dont think i really understand A: It is a very complicated topic. I'd rather not answer right now due to the turmoil and state of ... | |
| Recession and value of dollar | 10/11/2008 |
| Q: Is the US dollar likely to fall in value as a result of the financial crises? I suppose inflation ... A: Once again, given the state of affairs I am not going to take a gamble. Don Patinkin has a classic ... | |
| Recession and value of dollar | 10/10/2008 |
| Q: Is the US dollar likely to fall in value as a result of the financial crises? I suppose inflation ... A: Am unable to give you financial advice. What you may want to do is get together with your financial ... | |
| depression and recession | 10/8/2008 |
| Q: Could you please give me easy-to-understand definitions of Depression (such as that which occurred ... A: Wikipedia defines recession, as follows: A recession is a contraction phase of the business cycle. ... | |
| beggar thy neighbor | 8/15/2008 |
| Q: beggar thy neighbor" is when one country benefits while hurting another country, at their expense, ... A: Remember that you are talking averages. A specific sector may be hurt due to a specific tariff. I ... | |
| Supply and Demand | 8/5/2008 |
| Q: I have a somewhat strange question. According to the law of supply and demand, supply decreases as ... A: I believe supply creates its own demand. However, supply for some goods is finite or cannot be ... | |
| Silver and loss value of the dollar | 8/5/2008 |
| Q: The last few years have seen the drop in the dollar and silver go up.The stock market has had major ... A: I do apologize beforehand because I am unable to furnish you with investment advice. As for the end ... | |
| currency | 7/14/2008 |
| Q: I have just returned from a trip to Cambodia.I was surprised that the US$ is used in most ... A: This is what is called "dollarization" of an economy. It occurs, in general, when the domestic ... | |
| Oil Price related to increase in ECB Base Rate | 6/17/2008 |
| Q: I recently read an article in the FT, the journalist said that he expected the price of oil to rise ... A: Without reading the article, it is hard for me to gauge what the writer intended. The price of oil ... | |
| Dollars to Euro exchange | 6/11/2008 |
| Q: My daughter and I are traveling to Italy in October. Should we exchange some of our US Dollars for ... A: If we knew exactly how the exchange rate will evolve, we would be multibillionaires. Hard variable ... | |
| money | 6/4/2008 |
| Q: sir, I am an engineering student with a deep interest in economics. I have been trying to ... A: You may want to check out a beginners textbook on macroeconomics. I assume that being an ... | |
| Oil Prices | 6/1/2008 |
| Q: Hey Doc, Not sure if this is in your area, but will go for it. I hear a lot about how the Iraq ... A: Prices move according to supply and demand. Bear in mind that there are other factors, some of them ... | |
| Cost of living | 5/25/2008 |
| Q: Why is cost of living so different between certain areas? My wife and I live in Alabama, and we have ... A: I agree with you cities like SF or NY are far more expensive than small towns. In my opinion, supply ... | |
| cointegration of macro economic variables. | 5/24/2008 |
| Q: i am sorry for the ambiguity earlier. what i meant ask was, has there been any studies/theories ... A: There are several models dealing with interest rate and micro and macro eocnomic variables. Your ... | |
| Searching for Good Books | 4/22/2008 |
| Q: I have heard that J.F.K. was assasinated because he was going to turn our currency back onto the ... A: The US left the Gold Standard during the Nixon Administration. During the Kennedy years we were ... | |
| Foreign Direct Investment | 4/21/2008 |
| Q: Sir, I am very curious to know as to why major multinational companies go for FDI in other ... A: Foreign direct investment is as any investment: you put your money where you see that the rate of ... | |
| Economics | 4/18/2008 |
| Q: I am not certain why my good questions are not being answered - they specifically relate to deep and ... A: Many volunteers, including myself, will not answer homework questions. The reason being, homework ... | |
| theme park/amusement park | 4/18/2008 |
| Q: i was actually trying to do this under business...but, that category di not fit my needs. i am ... A: I am not sure what you are looking for but you may want to start by looking at Disney and their ... | |
| subprime mortgage market losses | 4/9/2008 |
| Q: We read and hear about losses in the subprime mortgage market every day now. This morning George ... A: You are right. Someone's asset is someoneelse's liability. There may be some losses in those cases ... | |
| Interest rate and manufacturing sector | 3/31/2008 |
| Q: Is there any positive or negative relation between interest rate and performance of manufacturing ... A: There is a relation. Interest reflects the price of money. The choice of what projects to go ahead ... | |
| National Debt | 3/7/2008 |
| Q: I am trying to observe the nationaly debt and compare it in real and nominal terms for 4 different ... A: I really do not know. You may want to just get the historical figures for the nominal and then use ... | |
| resession | 2/24/2008 |
| Q: i am 11 years old from the UK and i want to know what it means when a country goes into recession A: In general, recession --in the business cycle definition-- occurs at a point in which once business ... | |
| Detroit and Romney's Promise | 1/30/2008 |
| Q: John McCain believes the automotive jobs in Detroit that were lost to global competition are NEVER ... A: I would like to leave politics aside and concentrate in the economics. We are dealing with the ... | |
| Central bank and reserves | 12/20/2007 |
| Q: I know that the central bank provides reserves to the private banking system through open market ... A: Maybe this is a matter of semantics. Central banks decide upon the reserve requirements for the ... | |
| Central bank and reserves | 12/19/2007 |
| Q: I know that the central bank provides reserves to the private banking system through open market ... A: The Central Bank keeps the reserves that the banks deposit in it. The central bank does not provide ... | |
| currency | 12/2/2007 |
| Q: what is currency Redecimalization/Currency Nominalization? A: i believe you are asking is the following: 1000 units will equal now 1 unit, e.g. this is usually ... | |
| U.S. Chinese Debt | 11/26/2007 |
| Q: I have two questions about the U.S. Debt to China. There have been talks about China possibly ... A: I do not know the numbers but based on past history, most debt instruments get traded in the world ... | |
| Econometrics | 11/25/2007 |
| Q: Uhm...was mine a homework question? I asked that because i'm reading a paper and i didnīt understand ... A: From About.com, here are a couple fo definitions: Definition of Calibration: 1. Calibration is the ... | |
| Chairman of the Fed | 9/26/2007 |
| Q: Here is my question re the Fed. It is relatively simple but I can't find the answer. Every member ... A: The appointment is in principle as a member of the Board to a full 14-year term, and initially to a ... | |
| Gold | 8/18/2007 |
| Q: I asked you about the purpose of the US gold storage yesterday. I got a good laugh when you ... A: Apologies. The purpose of the gold is to provide backing to the currency. The Gold Standard was ... | |
| central banks | 8/13/2007 |
| Q: I have recently seen that central banks around the world "injected cash" into the system or markets ... A: A central bank is usually referred to as the monetary authority. They are in charge of monetary ... | |
| Government and discrimination | 8/6/2007 |
| Q: How has the government effectively dealt with the discrimination (of price, employment, and ... A: In my opinion, such policies are neither efficient nor effective to begin with. If in place, thet ... | |
| hope you can help | 7/13/2007 |
| Q: I am writing a book that is dealing with Canada after the 2010 Olympics. What i wanted to know is ... A: Great topic. You may want to check out the historic data after Montreal hosted the Olympics back ... | |
| Question | 7/9/2007 |
| Q: how are you going? Thank you for taking the time to answer this question. I was just wondering about ... A: I am sorry I can't give you much of an answer. I do know that before the crash, the economy was ... | |
| question | 6/27/2007 |
| Q: how are you going? Thank you for taking the time to answer my question. I was wondering about in the ... A: That's an interesting proposition. However, the number and type of consumer goods in those days was ... | |
| Income | 6/27/2007 |
| Q: I am a newly graduated college student with a BA in psychology and don't think I'll be persuing ... A: Congratulations on your graduation!!! As for jobs, I know how hard it is to find one. What about ... | |
| Crash? | 6/20/2007 |
| Q: A June 13 2007 article in the Washington Post by economic writers Pearlstein and Samuelson seemed to ... A: Pearlstein makes a good point: the price of money is low. Thus with cheap money many deals can be ... | |
| MicroEconomics | 6/19/2007 |
| Q: I was wondering how employers or businesses in general determine the wages of its workers? Like lets ... A: A firm will create its specific cost function depending on the industry and its needs. You will ... | |
| MicroEconomics | 6/19/2007 |
| Q: I was wondering how employers or businesses in general determine the wages of its workers? Like lets ... A: Usually wages are part of the production function and a business owner sets wages as a percentage of ... | |
| ask about | 6/2/2007 |
| Q: there is two phenomenas confuse me hope you help firstly: the economical inflation , whats the ... A: As for inflation, you may want to look up: inflation, cost push, demand pull, As for the reasons, ... | |
| Industrial relations - University Level | 5/13/2007 |
| Q: I had a question in one of my exams, and I am not sure if I answered it correctly, can you put me ... A: However, technology in the manufacturing sector is very important. I am not totally in accord with ... | |
| Future | 2/16/2007 |
| Q: I do have a question being that I am a younger person and really should be concerned about the ... A: Very interesting questions. The issue of deficit, trade and fiscal, can be explained as follows: if ... | |
| Flat tax | 12/29/2006 |
| Q: It is quite possible that I have asked you a question similar to this in the past. I was wondering ... A: I would assume you are referring to the US economy. Well, taxes are high right now. A flat tax may ... | |
| does war help the economy? | 12/14/2006 |
| Q: Well, I think you still need to elaborate more. How does having a booming defense industry help the ... A: Your question was answered factually. The defense industry is another sector in the economy. As an ... | |
| does war help the economy? | 12/12/2006 |
| Q: I've been having a never-ending argument with my wife on whether war is generally helping the ... A: Well Alex, everybody is entitled to an opinion and I saw your rating. In order to rate someone, you ... | |
| need to ask | 11/29/2006 |
| Q: i need your experience to answer me the following if you mind ; i m planning to make an export ... A: If you are in the US and wish information on US exports and imports, you may want to try the Trade ... | |
| cost of living | 11/12/2006 |
| Q: I need to find out what the cost of living increase has been over the past 5 years A: You may want to get the value of the Consumer Price index for say October 2006 and divide that ... | |
| economics | 11/5/2006 |
| Q: Can you explain economic development and economic growth? Thanks A: For example, take a child, a new born, during the first years of her life she develops into a human ... | |
| economy during war | 10/1/2006 |
| Q: Docs99 In all honesty I was hoping to explore the effects that WWI WWII the Vietnam war and the ... A: This is a very ambitious and extensive topic. You are dealing with totally different periods in ... | |
| economy during war | 10/1/2006 |
| Q: My daughter is doing a Social Studies Project on how war affects the economy of a nation. Please ... A: Different times, different wars, different economies, different effects. What time period is she ... | |
| industry sizes | 9/23/2006 |
| Q: I had read that the largest single industry in the world was the insurance industry. Since 1 in 12 ... A: What estimators are you using to measure this? Number of employees? Assets? Revenues? Number of ... | |
| personal economics | 8/27/2006 |
| Q: How are you? My name is Yan. I am 23 years old, have been out of college for about a year right now. ... A: If you are committed and work hard.. you will succeed. There is no way to predict how successful ... | |
| Average income | 8/2/2006 |
| Q: I was wondering where one could look to find the average incomes in this country. I'd be curious to ... A: I believe the Bureau of Statistics, The Council of Economic Advisers and The Department of Labor ... | |
| Oil price | 7/31/2006 |
| Q: With the increase in oil price, is the economy of the oil-producing countries in the third woirld, ... A: What do you think? If they import oil, the value of the imports increases, now, if they export oil, ... | |
| Money Exchange Rate | 7/7/2006 |
| Q: Erm...i'm not really sure about my question...i'm a science stream student so i don have much common ... A: The exchange rate is just the price of a currency in terms of another. It is a relative price. ... | |
| Minimum Wage? | 6/23/2006 |
| Q: Why is there a minimum wage? Wouldn't businesses be more effient and less picky when employing ... A: Yes. However, the wage is determined by the value of the marginal productivity of labor, not by how ... | |
| Minimum Wage? | 6/22/2006 |
| Q: Why is there a minimum wage? Wouldn't businesses be more effient and less picky when employing ... A: Why is there a minimum wage? Wage is the price of labor. Minimun prices are often set as a means ... | |
| Economics dissertation | 5/31/2006 |
| Q: I'm a UK student studying at university. I'm wondering if you could give me some ideas. I am about ... A: I'm a UK student studying at university. I'm wondering if you could give me some ideas. I am about ... | |
| Salaries | 5/31/2006 |
| Q: What determines how much certain jobs "should" get paid? It doesn't seem to me that a person who ... A: In theory, the wages are determined by the value of the marginal productivity of labor. In reality, ... | |
| Swiss franc and the US Dollar | 5/11/2006 |
| Q: I would like to know the trends in the Swiss franc / USD exchange rate over the last three years and ... A: You may be able to find a series for the exchange rate between the Swiss Frank and the US Dollar ... | |
| Airline Industry Impact on GDP and Consumer Index | 4/26/2006 |
| Q: I have a 15 year child who is taking a finaince class for school. The question came up for my son to ... A: You may want to check out the composition of the GDP and the percentage the airline industry ... | |
| current US economy | 4/20/2006 |
| Q: Currently seems like a lot of misinformation regarding US economy. We(as a country) are losing ... A: Many countries buy from us. See the value of Exports. The value of what we buy from overseas is ... | |
| Bonds | 4/18/2006 |
| Q: What are bonds? A: From the on line Merriam Webster Dictionary: bond 2 entries found for bond. To select an entry, ... | |
| ECONOMICS IN NEW YORK CITY | 4/5/2006 |
| Q: I am a writing an article on poverty in New York City. Approximately 1 in 4 New Yorkers are on the ... A: I do not believe in government aid of any kind to get people out of poverty. You may be creating, ... | |
| Creation of money | 3/26/2006 |
| Q: I had the impression that money isn't backed by anything now. And what do you mean by "rate of the ... A: Reserves are the amounts of foreign currency, silver, gold and other precious metals, held by the ... | |
| Business Finance | 3/23/2006 |
| Q: I am the manager of a division of a decent-sized contracting company, and I am concerned about the ... A: I am no CPA. From the stand point of a financial analyst or financial researcher, I agree, the way ... | |
| need to know | 3/20/2006 |
| Q: whats the time duration will take of building a factory ? note: from beginning of execution not ... A: whats the time duration will take of building a factory ? that depends on the type of factory, the ... | |
| Current Account Deficit | 3/10/2006 |
| Q: Is it correct that the current account deficit is, by definition, funded by foreign investment of ... A: When a country needs foreign investment to breach the gap, that country has not enough savings ... | |
| free trade subsidies | 3/7/2006 |
| Q: I'm not sure if this is up your alley, but I'm hoping you can help me straighten out some questions ... A: In principle, free trade encourages division of labor and specialization. That means that countries ... | |
| GDP | 3/1/2006 |
| Q: Can you please explain how GDP is really calculated? If I buy a burger at McDonalds is that counted? ... A: Can you please explain how GDP is really calculated? GDP or Gross Domestic Product is the sum of all ... | |
| Gambling and GDP | 1/6/2006 |
| Q: My economics professor and I have been debating whether or not the revenue an individual gambler ... A: As long as done domestically, it is a wash. Someone's losses are somebody else's winnings. Some ... | |
| value of dollar | 1/2/2006 |
| Q: If the value of the dollar falls, what happens to the price of commodities such as copper, oil, and ... A: When you say "the value of the dollar falls" in terms of another currency, you mean that now you ... | |
| economic depression | 12/20/2005 |
| Q: how are you going? My name is Christina and I live in Australia. Thank you very much for taking the ... A: It is true that baby boomers --people born between 1945 aand 1961 approximately- have started to ... | |
| Economics | 12/17/2005 |
| Q: Hey there - I would just like to know a few definations. What is meant by a Natural Monopoly Can ... A: You may want to start with www.google.com or a basic textbook on economics. Also ... | |
| US long-term interest rates | 12/16/2005 |
| Q: But why (and how) does this lower the long-term interest rates?Why is it that when foreign central ... A: Because the monetary authority wants to have stable securities in the portfolio as well as hard ... | |
| calculating needed job growth | 12/6/2005 |
| Q: It is reported that Nov. 2005 saw over 200,000 new jobs in the US. My question is how does one ... A: Usually, and a good rule of thumb, is the growth in the population that is active for employment ... | |
| inflation | 12/4/2005 |
| Q: Can you explain me how a declining dollar raises inflation?"; A: A declining value of the currency means that one needs more units of domestic currency to purchase a ... | |
| element of macroeconomics | 11/30/2005 |
| Q: What are the main components of GDP, and how are they determinend? A: Gross Domestic Product (GDP) is a measure of the value of the goods and services produced within the ... | |
| GDP | 10/29/2005 |
| Q: The question which i was trying to ask is. If you have the GDP at current prices for year 1970. And ... A: If you have the GDP in 1970 dollars and the GDP at 2003 dollars, you bring the GDP in 1970 dollars ... | |
| Basic Questions | 10/27/2005 |
| Q: It has been stated that "trade between countries cannot lower the income of the countries involved, ... A: You may want to start at your reference librarian desk. There are several books on international ... | |
| Who owns majority wealth historically | 10/26/2005 |
| Q: I am doing some research on the growth of capitalism and socialism. One of the arguments used by ... A: Amazing topic. You may want to check data for Lorenz curves and Ginni coefficient. Your sources may ... | |
| Homework questions. | 10/18/2005 |
| Q: What are the different types of uncemployment and how do they affect the economy? A: voluntary and involuntary, structural and non structural. the economy generates unemployment. ... | |
| gas prices | 9/13/2005 |
| Q: Is it ok if I ask you some questions for a research project? How may I refer to you in my paper? ... A: You may want to check the stats available for oil reserves, production and consumption as well as ... | |
| Katrina | 9/13/2005 |
| Q: What is the long-term economic impact of Hurricane Katrina, not only to the Gulf Coast but to the ... A: The effects are as we all can imagine more than considerable. Not only do we need to look at the ... | |
| Metaphysical club | 8/22/2005 |
| Q: I have NEVER asked you anything close to this before, I had only read the metaphysical club on the ... A: What do you mean by a national tax system? What do you mean by significan national currency? Are you ... | |
| terms | 7/28/2005 |
| Q: whats the difference between equities and derrivatives? and whats the meaning of "sensex" which is ... A: Sensex is the name commonly used for the Bombay Stock Exchange Sensitive Index - an index composed ... | |
| purchasing power parity (ppp) | 6/29/2005 |
| Q: i dont understand the term "purchasing power parity (ppp)"....what does it mean ? and what it does ? ... A: You may want to build a basket of goods and services that you consume, eg your monthly grocery ... | |
| GDP calculation | 5/30/2005 |
| Q: Docs99, I understand that GDP equals consumption, plus government spending, plus ... A: Your question is good, however, it makes me think that you never got the theory behind the equation. ... | |
| What's the world's largest bank? | 5/14/2005 |
| Q: Can you tell me what's the world's largest bank in terms of assets and influence? Thank you A: I may be wrong, but I would tend to venture Citigroup. Started as City Bank of New York in 1812. ... | |
| Economic question | 5/11/2005 |
| Q: My name Is Dr. Mohamed El Maraghy I have an economical question, and i would be very pleased if you ... A: That's a difficult one. You may want to get the GDP in real terms for Egypt in domestic currency and ... | |
| Agentina's Economics | 5/4/2005 |
| Q: My name is Kelly and I m a student in Tel-Aviv Univesrsity at the department of Economics. I'm ... A: You may want to check CEMA, Saint Andrews University in Argentina, among others in Argentina. ... | |
| Economic System | 3/1/2005 |
| Q: I am in the 7th grade and need to make a model on the eco system for a science fair, but how do i ... A: I believe you are looking for an economic model. The easiest way would be to get a basic textbook ... | |
| history of taxes | 2/27/2005 |
| Q: Actually I was thinking more along the lines of European History up through colonial period. I will ... A: You may want to go to the sources. Europe has a very rich fiscal history, especially in those ... | |
| real dollars | 12/18/2004 |
| Q: what are all these things? HI- I want to compare a monetary figure I have with a figure from the ... A: You need to get the historical series for the Gross Domestic Product and/or the Consumer or ... | |
| dollar | 12/16/2004 |
| Q: I don't know much about economics or financial markets. In reading all the news recently about the ... A: It is good in the sense that exports of American goods and services and tourism in the US are being ... | |
| Economic Indicators | 11/23/2004 |
| Q: I am a financial advisor, and although I am very diligent about understanding what is going on in ... A: You may want to do the following: a. get a basic textbook on economics b. once you have gotten the ... | |
| purchasing power | 11/12/2004 |
| Q: What's Purchasing power (parity)? Can you explain it to me like I'm an six-year old? Ang-sui A: imagine a basket of goods and services --toys and ice cream-- and imagine how much money --time to ... | |
| Housing Market and National Debt | 11/11/2004 |
| Q: Docs99: If the US Treasury continues to experience national deficits of 500 billion each year, and ... A: Interest rates will be affected, thus the housing and stock markets. In my opinion, the fluctuations ... | |
| hotel worker 1959 weekly salary... | 10/18/2004 |
| Q: hotel worker 1959 weekly salary $43/WK 2003 weekly salary $440/WK West Coast, $760 East coast ... A: there is more to it than price increase. The basket of goods and services in which the index is ... | |
| Exchange rates | 10/16/2004 |
| Q: i am from pakistan and I have recently started studying economics and i know very less about it, you ... A: You may want to check out your class notes. The exchange rate is just the relative price of a ... | |
| debt disaster | 10/14/2004 |
| Q: I read a very scary article by Carolyn Lockhead from the San Francisco Chronicle, Washington Bureau ... A: No need to read her article. If we do not save more, we will be in deep trouble. The accumulation ... | |
| Labor force / unemployment methodology | 9/16/2004 |
| Q: I understand that students are generally not considered part of the labor force. In lecture, my ... A: Uhm. maybe the definitions changed, but, labor force used to be determined by age levels not by ... | |
| Economic Trends... | 8/29/2004 |
| Q: I'm not looking for any "crystal ball" edge in the stock markets, etc. - I'm just a poor college ... A: I do not foresee any catastrophic events in the future. It is normal to get such a catastrophic view ... | |
| biggest economy what does it mean? | 8/15/2004 |
| Q: when the newspapers say that america is the biggest economy in the world and japan is second biggest ... A: When you read this kind of comments... is it the largest measured by what indicators? E.g. When you ... | |
| Cost of Raising a Child | 8/7/2004 |
| Q: Re: Cost of College Why has the cost of college risen (and still rising) exponentially instead of ... A: Inflation and technology in my opinion are two of the main factors. Remember that, if you are ... | |
| Cost of Raising a Child | 8/5/2004 |
| Q: Why has the cost of raising a child become so expensive compared to 20-30 years ago? In the 70's ... A: Nothing is impossible. If you look at the stats you may still be able to do so. It depends on the ... | |
| Inflation | 7/27/2004 |
| Q: why inflation rate rise can be good or bad to a country? A: Yuur question is difficult to answer out of context. In my opinion, in general, inflation is ... | |
| Question | 7/24/2004 |
| Q: A_O_A Sir I have a question about economics.Please explain your answer with potential ... A: The topic goes beyond the scope of this service. You may want to grab a couple of books on ... | |
| ALEXANDER HAMILTON | 6/21/2004 |
| Q: Well...First of all, if you are talking about the author of the wealth of nations, I believe that ... A: You are out of line. If you are so learned, I suggest you volunteer and deal with the myriad of ... | |
| Need help understanding differences between terms | 6/20/2004 |
| Q: I am trying to learn more about what is inflation. Conceptually I understand the difference between ... A: Inflation is the sustained increase in prices in an economy. It has different causes. Monetary ... | |
| Buying power in 1830 | 6/12/2004 |
| Q: I am doing some geneological research into my family history. I have found some old tax records ... A: Looks like he was quite well off. To get a better idea and bring those amounts to 2004 dollars, you ... | |
| economy | 5/22/2004 |
| Q: can you explain simply Local, regional and national economy this is for one of my engineering ... A: in general local refers to the city or county or state, regional to a "region" composed by a few ... | |
| how and where does it come from | 5/13/2004 |
| Q: I know this can be a deep question but keeping it fairly short How is money put into the economy? Is ... A: This question is a good one, however it is beyond the scopes of this service. Money became part of ... | |
| money | 5/9/2004 |
| Q: this is just out of curiosity. is there a monetary cost for making money at the mint and is the ... A: Yes, there is. However, in some instances, the intrinsec value of a coin became higher than the ... | |
| European Integration 1973 and onwards | 5/1/2004 |
| Q: ------------------------- Ok, how would you structure an argument to suggest the United Kingdom has ... A: In my opinion, yes. Even though it is being argued that the UK has not. It is a matter of opinion. ... | |
| wealth calulation | 5/1/2004 |
| Q: I ran across some research that said a group did an appraisal of king solmons ( of the bible) ... A: That's interesting. OK, you may want to get either the Consumer price index value for year end 1928 ... | |
| seasonally adjusted | 4/26/2004 |
| Q: I'm a teacher of English as a foreign language in Brazil and I have a doubt with one phrase in a ... A: the term applies to businesses, e.g., that vary at different times in the year with a trend. E.g. ... | |
| US Dollar | 4/21/2004 |
| Q: Good morning Doc..... Many if not all of the worlds commodities are priced in U.S. dollars. Why is ... A: It is a long story. You may want to check the Federal Reserve's website or a book on money and ... | |
| Economic growth | 4/19/2004 |
| Q: What does your modification of profile and being sorry have to do with my question?Hello, What is ... A: At this point, I can only say that you are being rude and that you are not respecting the time a ... | |
| Elasticity | 3/29/2004 |
| Q: i know this is basic economics but i cant make sense of the meaning and reasoning behind thinking ... A: Price Elasticity of Demand measures the response in percentage terms of the quantity demanded to a ... | |
| The effect of the president on the economy | 3/26/2004 |
| Q: I am doing a research paper on the effects of the president on the economy, and I have to inquire a ... A: You may want to check out the White House's site to start. There is a section on the Council of ... | |
| Current Economics | 3/25/2004 |
| Q: I asked you a question before about the New Deal. Do you feel like cutting social programs would ... A: I do not believe in welfare. I believe in free market and in working. The New Deal was a short term ... | |
| What makes a company "admirable"? | 2/29/2004 |
| Q: I noticed an award given out by fortune magazine, "#1 most admired company" What is it that makes a ... A: It is all relative. You may want to check out the benchmarks used by Fortune for this award. I ... | |
| Hi I have a project to... | 2/22/2004 |
| Q: I have a project to do for school, and I would just like to know how Mathematics is used in your ... A: Mathematics is the underlying language. It is not an easy question and by no means, short. You may ... | |
| Silver | 2/16/2004 |
| Q: I suspect you may not be the right person to answer this question, but you are the closest I can ... A: You may want to try the Dow Jones website. You may want to focus on historical data that may be ... | |
| questions | 2/12/2004 |
| Q: i will have an interview in one of the leading brands of biscuit here in my country, but i have no ... A: You may want to get a hold of any basic textbook on economics and read about market structure, ... | |
| US TAXES | 7/15/2003 |
| Q: SIMPLE? HOW CAN I FIND OUT HOW MUCH MONEY U.S. CITIZENS PAID (TOTAL) IN FEDERAL TAXES TO THE ... A: You may want to check the Economic Report for the President, the Bureau of Statistics, and for the ... | |
| microeceonomics | 6/3/2003 |
| Q: can you explain to me what a competitive market is? I'm under the impression that it is when a firm ... A: A competitive market is such in which there are no barriers to enter or to exit, all agents are ... | |
| Labor Stats | 12/11/2002 |
| Q: I need to find statistics on the breakdown of employment in the United States in the last few years ... A: BLS is where I would go. You may want to try the Council of Economic Advisers, through the White ... | |
| today's value of $100 spent in 1964 | 12/6/2002 |
| Q: i'm looking for a formula, table, or calculation tool that will help me compute today's value of a ... A: To do this, you need to get the value of the CPI or WPI or GDP deflator for 1964 and for 2002 and ... | |
| macro economics | 12/1/2002 |
| Q: I need help! I need the "price system" explained to me-or at least a website where I can find the ... A: Price system is just the way the result of the market interaction in assigning value to goods. A ... | |
| money m1 m2 m3 | 6/13/2002 |
| Q: I have heard about m1 m2 m3 classification of money. I request you to throw light on this Regards, ... A: You may want to check out a text book from your library on macroeconomics. M stands for Money and ... | |
| financial analysis | 5/21/2002 |
| Q: what is the main thing an analyst is concerned about when he or she is looking to evaluate a ... A: You may want to lookat 5 to 10 years of financial statements, assess comparables --similar companies ... | |
| Cost increases 1993-2001 | 3/27/2002 |
| Q: If the price tag on a widget in the U.S. were $1.00 in 1993, how much should it be in 2001? Thanks! A: You need to build an index to make the adjustment. You may want to find a series for real GDP and ... | |
| Argentina Economics | 2/21/2002 |
| Q: "Based on the knowledge of History what advice would you give the Argentine Minister of Finance ... A: There is no right or wrong answer. In my opinion, I would just stop the capital controls, liberalize ... | |
| General question | 1/26/2002 |
| Q: What kinds of questions do you answer? A: I don't do homework questions or research which someone can easily do. The point of homework is to ... | |
| Demand Curve | 1/23/2002 |
| Q: I'm teaching Economics for the first time and a very bright student - during discussion of demand ... A: The first time I saw a supply and demand model, I said the same thing that your student said. In ... | |
| copmpanies to go public | 1/11/2002 |
| Q: do you know of any institute/company that could provide a list of companies that intend to go public ... A: If a company were planning to go public, it woudn't publish said news until the decision is made. ... | |
Economics
Docs99
Top Expert on this page
Expertise
any related to economic analysis and evolution of the economy and economics.
Experience
20+ years in financial services and economic analysis. Teaching experience at grad level.
Education/Credentials
MPA from Harvard University
Degree in Economics
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