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About Warren D. Miller, CFA, ASA, CPA
(Top Expert on this page)

Expertise
My in-depth knowledge of economics is confined to three sub-disciplines: Austrian economics, industrial organization, and evolutionary economics. Other questions dealing with macroeconomics, the traditional neoclassical paradigm, labor economics, environmental economics, agricultural economics, health economics, and so on should go to those who have the appropriate expertise. N.B.: I DO NOT ANSWER QUESTIONS MARKED 'PRIVATE' because I believe that knowledge should be shared, not hoarded. I also believe that such questions are likely to come those trying to cheat. Similarly, as one who was a full-time academic for half a decade, I can recognize test and homework questions several time zones away. Therefore, please do not demean yourself by submitting such questions to me. Those who do so are cheating, pure and simple, and I WILL call you out publicly if I believe you are doing so. I have a zero-tolerance policy where cheating and dishonesty are concerned. In addition, please don't be like the businessman who posted a request for help in August 2008. He expressly denied that he was seeking "investment advice" and said that his query was for, and I quote, "educational and informational purposes." In a follow-up query, however, he allowed as how his first questions related to the possible purchase of a $500,000 piece of equipment. Well, he was trying to get for free the kind of sophisticated advice that our clients pay for. I told him that I thought he had not been forthcoming in what he said initially (I was being polite). Bottom line is this: high-end business consulting is what I do for a living. I am the sole support for my family. Please respect that fact and don't try to steal what our clients pay for. That demeans you and insults me. Finally, please DO NOT ask for investment advice. I am not licensed to provide such advice. If you want such advice, check with your financial planner or other financial adviser.

Experience
I work with Austrian economics (which is different in major respects from the traditional neoclassical model), industrial organization (which is about industry structure, conduct, and performance), and evolutionary economics (almost, but not quite, the economic analog of its biological counterpart) everyday in my work. I appraise closely-held businesses, provide exit-planning services, and offer high-level strategic analysis, advice, and clients to CEOs and owners of mid-sized businesses. Understanding, applying, and writing about these disciplines is an essential part of how I have made my living since 1993.

Organizations
CFA Institute, Strategic Management Society, American Society of Appraisers, Institute of Management Accountants, Academy of Management, Culver Legion

Publications
CFA Magazine, Strategic Finance, Valuation Strategies, Value Examiner, Journal of Advanced Property Economics, Harvard Business Review, American Fly Fisher, CFA Digest, CPA Expert, and Business Valuation Review, among others

Education/Credentials
MBA - Oklahoma State (1991) BBA - U. of Oklahoma (1975) Chartered Financial Analyst designation (2006) Accredited Senior Appraiser (2006) Certified Management Accountant (1992) Certified Public Accountant (1992)

Past/Present Clients
Confidential

   

You are here:  Experts > Arts/Humanities > Social Science > Economics

Questions Answered By Expert  Warren D. Miller, CFA, ASA, CPA 
In Category  Economics

SubjectDate Asked

Current economic recession10/6/2008
  Q: It seems pretty obvious at this point that our economy is falling into a recession. In discussing ...
  A: I'm no expert in consumer finance, but I have some thoughts that I hope you will find useful. ...
economic growth10/6/2008
  Q: I am having trouble finding information that will help me identify countries that were poor 50 ...
  A: Scott, this is far outside my area of expertise. However, it's an interesting question. Before I ...
economic and electronic payment system10/4/2008
  Q: ] Simplifying Foreign Exchange. A huge fraction of the world’s foreign exchange involves trading ...
  A: QUIT CHEATING. QUIT CHEATING. QUIT CHEATING. QUIT CHEATING. QUIT CHEATING. QUIT CHEATING. QUIT ...
Classes?10/3/2008
  Q: I am not sure you can help me on this. I have been following the debates for President/Vice ...
  A: and thank you for using AllExperts.com. You've raised a timely issue. For starters, there is no ...
The Bailout Plan10/1/2008
  Q: My question may be a stupid one but I can't understand how this is going to work. Lately I've ...
  A: Your question is not one that belongs in this forum. You seem not to know how many people there are ...
cost/equity method10/1/2008
  Q: Two companies are forming an LLC to invest in a real estate property. Both companies are investing ...
  A: To say, "Both companies are investing with equity," is redundant. What else COULD they "invest" ...
The BailOut Question?9/30/2008
  Q: One of the most important economic questions in the last 70 years is being presented to me, an ...
  A: For starters, I have NO IDEA "what will happen if we do nothing or what will happen if we spend the ...
Is the dollar as the reserve currency an inflation tax?9/30/2008
  Q: *If you purchase one dollar off America in exchange for a pint of milk. And then hang on to the $ ...
  A: and thank you for using AllExperts.com. I'm happy to respond. First, "the whole thing" does NOT ...
The BailOut Question?9/30/2008
  Q: One of the most important economic questions in the last 70 years is being presented to me, an ...
  A: and thank you for using AllExperts.com. In point of fact, I cannot explain to you why you should or ...
oil and food prices9/22/2008
  Q: if the USA took over the IRAQ oil fields, why to we have such a shortage of oil and high gas prices? ...
  A: The premise of your question is dead-wrong. The U.S. did no such thing. I don't know where you're ...
Opportunity Cost vs. Real Cost9/20/2008
  Q: Please explain - Opportunity cost and Real cost. Waht is the signifance and difference between the ...
  A: and thank you for using AllExperts.com. I'm happy to respond. Opportunity cost is one of the most ...
Economics9/20/2008
  Q: Sir, Can you plz explain Say's law of Market in detail. Plz explain me - Income velocity of ...
  A: Rather than spend a lot of time answering these two questions, I'm going to provide you with links ...
Failing companies9/14/2008
  Q: Good day sir. A company quoted on the stock exchange sells shares to raise money and puts the ...
  A: Greg-- Thank you for your most interesting question, and thank you for using AllExperts.com. Let me ...
Why do banks steal from their customers?9/14/2008
  Q: I am in Auckland New Zealand and I am fed up of banks stealing from me. For example: I have a ...
  A: First, let me say that I can sense that you are frustrated. I am sorry that you are. I think I can ...
Cash Fund or Fast Saver - working it out??9/14/2008
  Q: Working out which is the better account to have savings go into, need help. I have attempted the ...
  A: and thank you for using AllExperts.com. Let me respond, but not in the way you have asked me to. ...
Price gouging9/13/2008
  Q: my question is, why is the oil prices rising so far from the hurricane when we don't even use our ...
  A: and thanks for using AllExperts.com. Let me take a swing at it. In the first place, except for ...
price of gold9/10/2008
  Q: Do you have an undrstandable explanation for the steep drop in the price of gold? Several weeks ago ...
  A: I don't know that I have all of the answers for that one, but I have some of them. In no particular ...
Today's value9/9/2008
  Q: In 1982 $2500.00 was worth $2500.00, what is that amount in today's dollars? Is there an index of ...
  A: The normal measure of inflation is the Consumer Price Index (CPI). However, the CPI comes in two ...
Violence and an Economy9/6/2008
  Q: I don't think i explained myself well. See i live in The Bahamas and our main industry is Tourism. ...
  A: Knowing that you live in the Bahamas is a big, big help for me. And thanks for using AllExperts.com. ...
Monopolistic and oligopoly9/6/2008
  Q: I would like to do why shoe company is both monopolistic and oligopoly. Is there a high barrier for ...
  A: Eleen-- Thank you for your question, and thank you for using AllExperts.com. I'm glad to try to ...
corrected question9/5/2008
  Q: that's exactly what i mean! "How can countries have different types of economies if we consider ...
  A: Liz-- Thank you for your clarification, and thank you for your most interesting question to ...
Dollar/Pound exchange rate (Addendum)9/4/2008
  Q: ) coudl you possibly explain why we have seen the dollar recently strengthen against the pound in ...
  A: Andrew-- Thank you for your question, and thank you for using AllExperts.com. I'm glad to try to ...
Project Vs. Equity IRR9/3/2008
  Q: I read our response to Hatem on Project IRR and must say you are gifted in formulating clear ...
  A: Todd. Glad you found my responses to Hatem on IRR useful and helpful. If you don't mind, I'd like ...
Improving the Economy8/22/2008
  Q: What can anyone do to improve the Economy in America besides creating jobs?
  A: and thanks for using AllExperts.com. I have to confess that the first time I read your question, I ...
Debt Burden8/21/2008
  Q: What do you understand by the term Debt Burden?
  A: and thank you for using AllExperts.com. Before I respond, let me paraphrase an old maxim: "If a man ...
is-lm curve8/19/2008
  Q: Another words Australia has labour shortages and we are operating above the full employment level of ...
  A: Adrian. I thought that was the context, but I had to make sure. As my bio on AllExperts.com says, ...
is-lm curve8/19/2008
  Q: 1. What does it mean on the IS-LM model when there is too much employment in the economy. ...
  A: Adrian, macroeconomics is VERY difficult. Please don't feel as if you're being singled out for any ...
Payback Time for Invesment8/19/2008
  Q: project finance and other topics on all experts. I have learned a lot from your replies. I have one ...
  A: I am just delighted that some of my responses have helped you understand more about economics. That ...
beggar thy neighbor policy8/15/2008
  Q: beggar thy neighbor" is when one country benefits while hurting another country, at their expense, ...
  A: and thank you for using AllExperts.com. I think I can clear this up for you. First, however, let me ...
public question8/15/2008
  Q: I have a concept written on paper and registered with the writer's guild. I would like for a wealthy ...
  A: and thank you for using AllExperts.com. To be honest with you, I do not believe that your questions ...
question8/13/2008
  Q: In financial research, how the exclusion of unlisted companies will have impacted on the nature of ...
  A: and thank you for using AllExperts.com. Let me respond since financial research is a significant ...
economics8/9/2008
  Q: i just wanted to ask a few questions for my project. 1.what are goods,their types with examples. ...
  A: and thank you for using AllExperts.com. Ordinarily I would not answer a question like this because ...
Help on PV of CFs8/5/2008
  Q: I am trying to understand how to complete the evaluation of a potential investment in business ...
  A: MIKE, FOR YOUR VERY GENEROUS ACCOLADE! - WDM Hi, Mike-- Thank you for your question, and thank you ...
Supply and Demand8/5/2008
  Q: I have a somewhat strange question. According to the law of supply and demand, supply decreases as ...
  A: Great follow-up questions, Jean. Really great. Lots and lots of people are going to learn from the ...
Supply and Demand8/5/2008
  Q: I have a somewhat strange question. According to the law of supply and demand, supply decreases as ...
  A: and thank you for using AllExperts.com. Since you and I have not communicated before, I want to ask ...
IRR7/25/2008
  Q: is it right to calculate the loan and it's interest when i am calculating the irr??? in another way ...
  A: Hatem-- Thank you for your follow-up comments. Let me clarify because I think we might have a ...
inflation7/21/2008
  Q: I live in Malaysia and have just retired from my job as a disrtict postmaster.Recent months have ...
  A: Yee-- If there is an election is, say, June, and it's February and the incumbent politicians think ...
IRR7/17/2008
  Q: is it right to calculate the loan and it's interest when i am calculating the irr??? in another way ...
  A: Hatem-- Thank you for your questions, and thank you for using AllExperts.com. I can answer both of ...
Gas prices-will they go down?7/16/2008
  Q: Do you think the current gas prices in the U.S. are here to stay? Is there no going back to what the ...
  A: John-- Thank you for a timely question, and thank you for using AllExperts.com. I don't know if ...
inflation7/14/2008
  Q: I live in Malaysia and have just retired from my job as a disrtict postmaster.Recent months have ...
  A: Yee-- Am glad to try to shed some light on this for you. Thank you for using AllExperts.com. ...
US economy7/11/2008
  Q: I sent you a question before about happenings in us economy since 2004. I just want you to give a ...
  A: Saanya-- Let me give you a few highlights that have affected the U.S. economy since 2004. I will ...
Inflation-oil6/28/2008
  Q: I asked you two questions ago which are as follows. 1. I want to know more about Inflation. When ...
  A: and thank you for using AllExperts.com. I appreciate the fact that you recognize you have raised two ...
Chinese Economic future6/18/2008
  Q: Their are those who say China will become the next superpower(replacing the U.S.) because of its ...
  A: and thank you for using AllExperts.com. You've raised an interesting question, but one with some ...
ACCOUNTING TERMS5/30/2008
  Q: For purposes of accounting, what is the distinction between an expenditure, expense, cost and ...
  A: and thank you for using AllExperts.com. Though Economics is not often a platform for accounting ...
Euros and dollars5/25/2008
  Q: A New York Post article took great exception to the fact that some restaurants in the Hamptons (NY) ...
  A: and thank you for using AllExperts.com. Let me see if I can shed some light on this for you. First, ...
economics5/24/2008
  Q: Mr Miller, iam an economics undergraduate student.this fall i transfer to another university.it ...
  A: I'm still not sure what you want me to do, but let me try to help anyway. If, for some reason, what ...
economics5/23/2008
  Q: Mr Miller, iam an economics undergraduate student.this fall i transfer to another university.it ...
  A: and thank you for using AllExperts.com. Unfortunately, without additional information, I cannot ...
Where are we heading with Oil prices?5/21/2008
  Q: I've watched Oil prices for years realizing that it is a pillar for any economy today. If it goes ...
  A: Allen-- Thank you for your question, and thank you for using AllExperts.com. I'm glad to respond to ...
Interest Rate Parity5/13/2008
  Q: Do you have a better yield by converting INR into GBP, or by buying the USD of equivalent amount of ...
  A: and thank you for using AllExperts.com. The answer to your question is circumstance-specific. In ...
vietnam war project (U.S. economics)5/12/2008
  Q: i am doing a research project on the vietnam war. my question to you is, do you know how the vietnma ...
  A: and thank you for using AllExperts.com. You've asked a good question, but a difficult one to answer. ...
elasticity5/11/2008
  Q: Assume that 'starbucks' has to make a decision related to increasing or decreasing the price of a ...
  A: and thank you for using AllExperts.com. I'm afraid that I disagree with the premise of your ...
weakening dollar5/11/2008
  Q: why is it that with the weakening dollar prices of comodities in our countries(outside USA) continue ...
  A: I'm a little confused here. Let me tell you why, but let me also tell you why I can't answer your ...
weakening dollar5/8/2008
  Q: why is it that with the weakening dollar prices of comodities in our countries(outside USA) continue ...
  A: Guy. First, I don't know what your source of information for the price of wheat and rice in the ...
great depression5/8/2008
  Q: my name is sabreen and im an 8th grader at Alderwood Middle School in Lynnwood, Washington. I am ...
  A: and thank you for using AllExperts.com. As I'm sure you can understand, many books have been written ...
US Dollar, oil, spot gold price5/7/2008
  Q: what is the relationship of the US dollar, oil prices and spot gold prices? How do they traditional ...
  A: and thank you for using AllExperts.com. You've raised a complicated couple of questions which others ...
weakening dollar5/6/2008
  Q: why is it that with the weakening dollar prices of comodities in our countries(outside USA) continue ...
  A: and thank you, too, for using AllExperts.com. You don't say to what country you are referring, so ...
meme5/2/2008
  Q: i want to know some examples of areas/people/other businesses that have suffered from the actions of ...
  A: Meme-- Thank you for your question, and thank you for using AllExperts.com. Let me try to shed some ...
Debt and equity4/29/2008
  Q: Respected Warren D. I am searching for the total amount of fund raised by US by means of Debt and ...
  A: You answered some, but not all, of my questions, Jack. Therefore, I won't be able to do much to help ...
Debt and equity4/22/2008
  Q: Respected Warren D. I am searching for the total amount of fund raised by US by means of Debt and ...
  A: and thank you for using AllExperts.com. I am happy to try to help you with this question. First, ...
Economics Growth4/16/2008
  Q: Back again! Hope you are well. The end of year Economics paper is approaching and in the past ...
  A: Tobias-- Nice to hear from you again. I see that you're raising your usual short, simple, ...
BOP and Unemployment4/16/2008
  Q: Sir, I have been trying to read up on the BOP data of France and Britain. I find it difficult ...
  A: Vineeth-- Thank you for your question, and thank you for using AllExperts.com. I'm no expert on ...
Economic Growth: Britain vs. France4/10/2008
  Q: Sir, I read the answers that you gave to that Australian women about the "doomsday financial ...
  A: thank you for your kind words, and thank you for using AllExperts.com. I'll be glad to try to help ...
finances3/31/2008
  Q: how many business owners are there in the us and how much do they earn in total in a year (the years ...
  A: Bryan. That is helpful. However, you didn't refine and tighten your questions. I don't want to ...
federal reserve bank3/31/2008
  Q: Is there still any state-charted bank that is not a member of Federal reserve system and issues its ...
  A: and thank you for using AllExperts.com. I'm happy to answer your questions. 1. Yes, there are ...
finances3/30/2008
  Q: how many business owners are there in the us and how much do they earn in total in a year (the years ...
  A: Bryan, this looks like a homework question. I have a long-standing policy of not answering those. ...
problems3/27/2008
  Q: Money is predominantly in electronic form and controlled by central banks of the world, correct me ...
  A: Mike. I think we're making progress. . .but we might have a ways yet to go. You be the judge. ...
problems3/27/2008
  Q: Money is predominantly in electronic form and controlled by central banks of the world, correct me ...
  A: and thank you for using AllExpers.com. Your first statement is incorrect. Had you said, instead, ...
Question3/21/2008
  Q: how are you going? Thank you for taking the time to answer my question. My name is Christina and I ...
  A: Christina-- First things first: You are NOT "a pest." Anyone who asks great questions the way you ...
Question3/21/2008
  Q: how are you going? Thank you for taking the time to answer my question. My name is Christina and I ...
  A: Christina-- Thank you for the wonderful ratings, and thank you for the follow-up question. Some ...
subprime lending3/20/2008
  Q: - what is sub prime lending and the issues surrounding this. - Criticisms of subprime lending - ...
  A: and thank you for using AllExperts.com. I also see that you raised the same lengthy set of questions ...
Question3/17/2008
  Q: how are you going? Thank you for taking the time to answer my question. My name is Christina and I ...
  A: Christina-- Thank youj for your questions, and thank you for using AllExperts.com. In all honesty, ...
GNP, GDP3/14/2008
  Q: I came to this site pursuing the question of whether or not ebay transactions are counted in GNP. ...
  A: Jim, for your question and for using AllExperts.com. Firstthings first: I'm sorry it took me so ...
Which website has up to the minute foreign currency exchange rates in this format: 255.50?3/14/2008
  Q: How are you? I'm creating price lists for work so it needs to be accurate- if up to the minute ...
  A: and thank you for contacting AllExperts.com. Unfortunately, I'm no expert in FX. I rely on two ...
question on prefered stock3/10/2008
  Q: with prefered stock how come the market price goes down when interest rates go up and vice versa? ...
  A: Carl-- The prices of preferred stock behave a lot like the prices of bonds. As a general rule, when ...
currancy2/17/2008
  Q: sir i would like to know how currency value fixed?eg.doller against rupee or doller against pound. ...
  A: Sorry for the "You're Welcome" note. I hit the wrong button. Let me try to help you. And thank you ...
Microeconomics2/12/2008
  Q: Can you tell me in what category was the federal government spending the lowest?
  A: Janet-- Thank you for your question, and thank you for using AllExperts.com. I'm glad to help. And, ...
MPC2/7/2008
  Q: If you would be able to help with the following Marginal Propensity to Consume question it would be ...
  A: Tobias-- Thank you for your question, and thank you for again turning to AllExperts.com. I'm glad ...
Canada's trading relationship with Saudi Arabia2/6/2008
  Q: I don't know if this would relate to Economics however I am experiencing considerable difficulty ...
  A: Melissa-- Thank you for your question, and thank you for using AllExperts.com. One of the things ...
Antitrust2/5/2008
  Q: Would you be able to help me with the reasons that railroad companies are exempt from antitrusst ...
  A: and thank you for using AllExperts.com. As a guy who began his professional career at Union Pacific ...
Dollar Value2/4/2008
  Q: Does not the outflow of dollars from the US into the world economy due to the high purchase of ...
  A: and thank you for using AllExperts.com. You raise an interesting question. The outflow of greenback ...
thank you!2/3/2008
  Q: helo warren! hey i would like to extend my thanks to you! dont worry i can wait fir the answers ...
  A: my friend. I am glad to help you whenever and however I can. First, I'm going to replicate the ...
thank you!1/30/2008
  Q: helo warren! hey i would like to extend my thanks to you! dont worry i can wait fir the answers ...
  A: You're welcome, Luis. Let me know, please, if what I just sent you is helpful. I think it will be - ...
shoe industry1/30/2008
  Q: Good Day! I am Luis Recto from Manila, Philippines. I am currently studying at Far Eastern ...
  A: I'm going to provide you with some links for the shoe industry. I got these by "Googling" the phrase ...
econ1/29/2008
  Q: any help in answering this question would be awesome, thanks extract f sates that "we must ...
  A: and thank you for using AllExperts.com. Unfortunately, your question looks to me like a test ...
what is better?1/28/2008
  Q: If a person has good sound knowledge about principles of economics (Both micro & macro issues) then, ...
  A: Suhena-- Thank you for your most interesting question, and thank you for using AllExperts.com. I'm ...
Perfect Competition1/19/2008
  Q: If you would be able to help me with this profit maximising question, I would be most grateful as ...
  A: Tobias. Let me try to help you. First, the fact that the price doesn't change at all, no matter ...
Perfect Competition1/19/2008
  Q: If you would be able to help me with this profit maximising question, I would be most grateful as ...
  A: Tobias-- Welcome back! Thank you for your question, and thank you for using AllExperts.com. Let me ...
Game Theory1/12/2008
  Q: To what an extent according to you sir , is game theory applicable to real business scenarios ?
  A: and thank you for using AllExperts.com. Let me try to respond. First, however, I must quibble a bit ...
your thoughts1/12/2008
  Q: I appreciate your help. As I research and attempt to figure the direction of the economy, I have ...
  A: and thank you for using AllExperts.com. You might be callow, Tom, but you're obviously thoughtful ...
capitalist economy1/6/2008
  Q: Can u pleas help to create an assingnment for the question..."what are the supportive arguements you ...
  A: and thank you for using AllExperts.com. An entire book can be written in response to your question. ...
death penalty1/4/2008
  Q: i'm arguing the economic side for death penalty being that it is a cheaper alternative to life ...
  A: Nikhil-- Thank you for your question, and thank you for using AllExperts.com. Wow. That's a ...
Question1/4/2008
  Q: how are you going? Thank you for taking The time to answer my question. I was just wondering- I've ...
  A: and thank you for using AllExperts.com. You're wise to read history because, as Santayana once said, ...
PED1/2/2008
  Q: the other answers have now been rated. I am working on past exams papers for Economics and would ...
  A: Tobias-- Thank you for your question, and thank you for using AllExperts.com. I'm happy to help ...
pound-dollar conversion12/30/2007
  Q: Greetings, I recently ordered a magazine subscription for 49.50 pounds. What's that in dollars? ...
  A: and thank you for using AllExperts.com. Your question concerns an area of finance called "foreign ...
Price Elasticity of Demand12/24/2007
  Q: There are several questions on a practice paper I am doing which follow this format, if you could ...
  A: Tobias-- Thank you for your question, and thank you for using AllExperts.com. Unfortunately, the ...
Positive or Normative?12/20/2007
  Q: My question is whether 'incomes are unfairly distributed between countries' populations' is a ...
  A: Tobias-- Thank you for making your question and my response available to all. This particular ...
Not a Homework Question. Weak Dollar vs. Strong Dollar12/19/2007
  Q: Miller: I am getting a bit confused on the "weak dollar" concept. One website claimed a weak ...
  A: Ashwin-- Thank you for your questions, and thank you for using AllExperts.com. These are great ...
learning finance economics12/18/2007
  Q: Warren, I already have a career and would like to study finance. Not only to understand micro/macro ...
  A: Great explanations, Dr. Stacy. Let me see if I can shed some light on the dilemma you face. In the ...
learning finance economics12/18/2007
  Q: Warren, I already have a career and would like to study finance. Not only to understand micro/macro ...
  A: Stacy-- Thank you for your question, and thank you for using AllExperts.com. Wow! You raise ...
economics12/13/2007
  Q: what subjects do you have to take to become an economist.what are the best schools for economics in ...
  A: WOW! Great questions. Thanks for asking, and thanks for using AllExperts.com. Let me help. 1. What ...
expenditure line11/23/2007
  Q: Suppose the consumption function equal C= 2+0.7y.If tax and govt purchases each decrease by 10 ...
  A: We're getting to be regular correspondents, aren't we? :-) Seriously, thank you for your question, ...
Interest rate11/22/2007
  Q: I know that real interest rate is the deduction of inflation rate from nominal interest rate. If ...
  A: and thank you for using AllExperts.com. I think I can answer your question. In the short term, the ...
Multiplier equation help to find new equlibrium11/20/2007
  Q: Is this right, if the multiplier is 4.0, then an injection of $100b into a basic two factor model- ...
  A: and thank you for using AllExperts.com. Let me begin by saying that I am a proponent of the ...
Analyzing Short-Run and Long-Run Effects of Monetary and Fiscal Policies11/19/2007
  Q: I don't even know where to start to answer this: Be sure to justify the assumptions on which you ...
  A: Whew. That's a bunch of stuff. In all honesty, Jewell, it would take me many hours to answer that ...
Fiscal Policy11/18/2007
  Q: If the independent Federal Reserve Open Market Committee wished to accommodate an expansionary ...
  A: and thank you for using AllExperts.com. I'm glad to respond to your question. The Federal Open ...
Macroeconomics11/14/2007
  Q: Using the simple consumption function, C=.9Y, find the value of the simple autonomous expenditure ...
  A: and thank you for using AllExperts.com. Sorry this has taken me a while to reply to; I'm traveling. ...
Accounting11/14/2007
  Q: In an accounting question it says: Signed a promissory note with Bank of Money to borrow $30,000. ...
  A: ": Thank you for your question, and thank you for using AllExperts.com. First things first: the ...
Dumping11/11/2007
  Q: I saw a statement from my textbook: " Many economists suspect that many nations use their ...
  A: Jiaming-- Thank you for your question, and thank you for using AllExperts.com. In economics, ...
Macroeconomics10/24/2007
  Q: I was reviewing my notes and I came across some things that I do not understand. What do you need to ...
  A: and thank you for using AllExperts.com. Let me take your questions in sequence. 1. MPC (Marginal ...
GDP calculation10/23/2007
  Q: If I sold an old house and get $125,000 from this transaction and bought a newly constructed house ...
  A: Li-- Glad to help. GDP will rise by $180,000, not $305,000. What you sold the old house for does ...
Economics 10110/13/2007
  Q: For most producing firms does marginal cost rise as output is carried to a certain level and then ...
  A: Barbara. First, let's define "marginal cost": it is the additional cost required to produce one ...
Economics 10110/13/2007
  Q: For most producing firms does total cost rise as output is carried to a certain level and then begin ...
  A: Barbara. However, I think you might be surprised to hear that you probably know the answer to your ...
Economics 10110/13/2007
  Q: Is is true that a company that faces very high fixed-cost expenditures is likely to be a natural ...
  A: Barbara, and thank you for using AllExperts.com. I'm happy to respond. I'm not sure what you mean ...
Economics 10110/13/2007
  Q: Total Variable Cost is equal to zero if output is equal to zero?
  A: If I'm understanding your question, Barbara, let me anwer your question with aIf variable cost is ...
Demand Elasticity10/12/2007
  Q: If I were a business owner, how would I use price elasticity of demand to determine whether to ...
  A: com, Kim. Let me respond to your questions. As I hope you know, price elasticity of demand is ...
its not a homework question...its a part of my forecoming exam's topics...please answer soon10/1/2007
  Q: if any business firm gains the monopoly, what r the things that would be given up by that firm? ...
  A: Omi, I'm not sure I can think of "desirable things" that a monopolist gives up. I mean, look at Bill ...
Pakistan's Economy10/1/2007
  Q: Kindly help me to present my topic before the Committee:"Foreign Trade is the key catalyst for the ...
  A: Well, I don't know quite how to respond. If this is YOUR research topic, then I would think that you ...
its not a homework question...9/30/2007
  Q: which are few tools there with government to be used to control undesirable outcome when there is ...
  A: In theory, Omi--IN THEORY--equilibrium between aggregate demand and aggregate supply is NOT an ...
unemployment9/30/2007
  Q: which are the types of unemployment?????and y the full employment is not attainable goal in economy? ...
  A: Let me start with the first question, which is the easy one. There are seven types of unemployment: ...
GDP9/29/2007
  Q: identify some economic outputs---both good and bad---that are not included in the traditional GDP ...
  A: That's very helpful, Omi. Let me try to help you here. Let's start with the basic definition of GDP ...
Pakistan's Economy9/28/2007
  Q: Kindly help me to present my topic before the Committee:"Foreign Trade is the key catalyst for the ...
  A: I'm sorry, but I don't think I understand what you want me to do. As a matter of policy, I do not ...
Income tax paid by lower half of population9/26/2007
  Q: Someone told me that (in the U.S.) the lower half of the population (i.e., those with below-average ...
  A: Steve. Unbelievable as that sounds, it is about right. I might quibble a little with your wording. ...
Interest rates and currencies9/17/2007
  Q: I've read thoroughly your answers to the questions regarding exchange rates and the recent turmoils ...
  A: In all honesty, Fabiana, I think you've been reading someone else's "answers to the questions ...
Inflation9/14/2007
  Q: We are doing a debate in economics class and my topic is "How can inflation be good for the ...
  A: On the surface, that's a tough one to be "for," but let me try to help you. First, let's understand ...
Economics9/5/2007
  Q: a sports company sells merchandise online to allow shoppers access to a wider variety of goods this ...
  A: Charles, I'm not trying to make this more complicated than it is, but is this a homework question of ...
Economics9/4/2007
  Q: a sports company sells merchandise online to allow shoppers access to a wider variety of goods this ...
  A: Charles. I'm glad to try to help in any way that I can. Based on my interpretation, one choice seems ...

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