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About Warren D. Miller, CFA, ASA, CMA, 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 imitate 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." Later, he allowed as how his questions related to the possible purchase of a $500K piece of equipment. I said I thought he had misrepresented himself. Bottom line: high-end business consulting is how I make my living. I am the sole support for my family. Please respect that fact and don't try to get for free what our clients pay for. If your company is big enough to have a sophisticated problem, it's big enough to pay for the kind of expert advice we provide. Beckmill Research, LLC, is a 95-octane firm. We're small, but we've been at this for nearly 18 years. We know what we're doing. 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, CMA, CPA
In Category Economics

Subject	Date Asked

ignou answers	11/7/2009
Q: Ques.6 Why is cost of capital different across countries? A: Anji, I don't do homework, take tests, or write papers. What I will be glad to do, however, is HELP ...
banking crisis	11/5/2009
Q: I'm currently trying to do some research on the 2008 banking crisis but don't have a great deal of ... A: Louise, perhaps without knowing it, you have asked me to write a book--several of them, perhaps--for ...
money creation during crises	11/2/2009
Q: In cases of a huge banking crisis like the last one, where a lot of banks went through bankruptcy ... A: Well, Robert, let me be candid: if the solution were as "simply solved" as you might think, ...
Cheating	10/26/2009
Q: I am about to go crazy trying to answer the questions below. I tried using this finance book but was ... A: Moe, you apparently know my name, but you didn't take the time to read my profile. You need to do ...
Collusion	10/21/2009
Q: I'm a 3rd year honours university student and would like to ask, relating to the UK supermarket ... A: Amy-- I see that honors economics class is still zeroed in on the U.K. supermarket industry. Here's ...
Basic Economic Concepts - standard of living, GDP, etc.	10/21/2009
Q: a part time student of private school.. i have struggle in solving this questions.. i know what ... A: OK, Azuan, I'm going to try one last time here. I still think we have a "language problem." I'm an ...
Basic Economic Concepts - standard of living, GDP, etc.	10/21/2009
Q: a part time student of private school.. i have struggle in solving this questions.. i know what ... A: I'm sorry, Azuan, but I don't understand the"Explain three non-material of living standard." I don't ...
photography in the Great Depression	10/21/2009
Q: My name is Oksana Kuzmich and I am a student at A.C. Reynolds High School. Currently I am enrolled ... A: Oksana, I'll be glad to try to help you, of course. No guarantees, but I'll certainly be glad to ...
Elasticity of Demand and Supply	10/20/2009
Q: I am just curious if you know of any books or ways to learn this better. I seem to be really ... A: Sorry to have taken so long to get back to you, Teresa. I've been traveling, and our business has ...
Elasticity of Demand and Supply	10/20/2009
Q: I am just curious if you know of any books or ways to learn this better. I seem to be really ... A: Teresa-- I'll be glad to try to help you. Let me ask you a few questions if you don't mind. I'd ...
Basic Economic Concepts - standard of living, GDP, etc.	10/20/2009
Q: a part time student of private school.. i have struggle in solving this questions.. i know what ... A: I'm sorry, but I don't do homework, take tests, or write papers. I'll be glad to help you, but only ...
thank you	10/19/2009
Q: could you please explain to me the central bank role in guiding policy directive. for example, When ... A: Maryam-- Thank you for your most generous invitation. If I ever see that I'm coming to the UAE, you ...
economics	10/15/2009
Q: please answer for the below question ‘Economic reforms have taken into account growth but ignored ... A: Kriza, I don't do homework, I don't take tests, and I don't follow orders. . .except from my wife. ...
oligopoly	10/14/2009
Q: I am a 3rd year honours economics student at university. I am unsure about part of a question, which ... A: Aisha-- Please forgive me for taking so long to respond. I've been traveling heavily. I managed to ...
policy directive	10/14/2009
Q: could you please explain to me the central bank role in guiding policy directive. for example, When ... A: Maryam-- I apologize for taking so long to get back to you. I've been traveling, and now I've come ...
policy directive	10/13/2009
Q: could you please explain to me the central bank role in guiding policy directive. for example, When ... A: Maryam (hope I got your name right)-- The questions you ask are big, serious ones that require big, ...
Perfect Competition	10/10/2009
Q: Why would a firm want to violate the conditions of perfect competition? A: Why, indeed, Mary. I don't do homework or take tests. I'll be glad to help you, but first, I ask ...
Price Elasticity of Demand	10/8/2009
Q: why is it that the price elasticity of demand of some products is high and others low.thank you. A: Well, Adongo, since I don't do homework or take tests ...
Consumer surplus and producer Surplus	10/8/2009
Q: The cost of producing stereo systems has fallen over the past several decades.what happens to ... A: You're right, Waqas. Producer surplus will increase, as will consumer surplus. So far, so good. ...
Financial career with a M.D Ph.D?	10/7/2009
Q: Miller, I am in my late 20ies with a M.D and a Ph.D in pharmacology. I am now considering a career ... A: Hussain-- Thank you for your questions, and thank you for using AllExperts.com. This is going to be ...
Consumer surplus and producer Surplus	10/7/2009
Q: The cost of producing stereo systems has fallen over the past several decades.what happens to ... A: Waqas, I'm happy to help you, but first, you have to help yourself. Why don't YOU answer the ...
IRR w/Negative Cash Flows	10/7/2009
Q: I'm trying to use IRR in Excel for a series of negative cashflow with a lump sum positive number at ... A: Jeff, I'm sorry, but I hope you understand that I cannot give you and your partners for free what I ...
discount rate	10/6/2009
Q: im having a hard time answering this question. The prof i have dont seem to be explaining how to ... A: Ash, my friend, they're trying to TRICK YOU. They don't think you'll recognize the fact that there ...
discount rate	10/5/2009
Q: im having a hard time answering this question. The prof i have dont seem to be explaining how to ... A: Glad to help. Very good question. Let's start with some basics. First, you know that the front-end ...
Economics Math Algebra	10/5/2009
Q: I have a economics math question which I cannot seem to solve and I am not very good with math. I ... A: Sumaira, I'll be glad to help you, and I can help you, but FIRST you must help yourself. You have ...
Purchase invoice	10/3/2009
Q: Miller: As it was not allowed to ask follow up question i needed to start new one. To answer to ... A: Aytan. I think I can now answer your question. As you know, an invoice is a bill issued to a buyer ...
ms 3	10/3/2009
Q: Economic reforms have taken into account growth but ignored equity.’ Briefly explain this statement A: Read this: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm. If I responded to ...
Purchase invoice	10/2/2009
Q: Miller: It is again me. Sorry for disturbance. I would like to ask about purchase invoice document. ... A: Okay, Aytan, we're close. But we're not quite there yet. I used the link and got to Question #20. I ...
Purchase invoice	10/1/2009
Q: Miller: It is again me. Sorry for disturbance. I would like to ask about purchase invoice document. ... A: Aytan-- Thank you for your speedy clarification. I'm still a bit confused, but not so confused as I ...
elastic midpoint and elasticity of supply curve	9/30/2009
Q: I'm sort of confused as I was looking in my text book. I was wondering could you explain or prove ... A: Read this, please: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm. I don't ...
Purchase invoice	9/30/2009
Q: Miller: It is again me. Sorry for disturbance. I would like to ask about purchase invoice document. ... A: Aytan, thank you for writing again. I would love to help you, but I have two problems: 1. I have no ...
Please answer me for this MBA Quastion	9/29/2009
Q: Economic reforms have taken into account growth but ignored equity.’ Briefly explain this statement A: I don't do homework or take tests. That would be CHEATING, wouldn't it? What I CAN do, however, is ...
IFRS and GAAP	9/26/2009
Q: Warren D. Miller First of all, again i want to thank you for being available for any question. Very ... A: Glad to help, Aytan. Yours is a timely and excellent question, not only for your countrymen in ...
Economics Articles	9/25/2009
Q: I think my question is not that related to your field. But I do believe that you are experts in ... A: The problem I'm having is that I don't understand what you're asking me to help you with. I'll be ...
finance	9/24/2009
Q: what forces stimulate FDI in a country A: Renuka, that, too, is a great question. Again, however, it sounds to me as if it's a homework or ...
international finance	9/24/2009
Q: why is cost of capital different across countries A: Renuka, that's a great question. Unfortunately, it sounds to me as if it's a homework or test ...
Measure for Economic Stability	9/17/2009
Q: Miller, I realize the subject is quite wide, which is exactly why I was wondering if there is a ... A: Helina-- That's a really interesting question. Really interesting. Thanks for using AllExperts.com. ...
managerial economics	9/4/2009
Q: what is the meaning of people face trade-offs?please give me fully answer with example? A: Manish-- I'm glad you asked this question. It is one that many people, including those elected ...
Managerial Economics	9/2/2009
Q: 1. “The Equi-Marginal Principle can be applied to both consumption as well as production.” Discuss ... A: The giveaway for a crooked b***ard like you is that you mark your e-mail PRIVATE. Kindly notice that ...
economics	8/30/2009
Q: FDI helps developing countries to a greater extent.It brings lot of foreign exchange with them which ... A: Jayraj-- I'm not sure I understand your question(s), but let me try to shed a little light on FDI ...
Credit questions for economics course	8/14/2009
Q: I'm currently taking an economics course online and I thought asking on here was a good idea. My ... A: Please click here: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm As you can ...
Network graphs	8/14/2009
Q: Warren I am disturbing you again with my questions. Could you please inform me how can I make the ... A: Loona-- You are NOT "disturbing" me, my friend. Nice people like you are what makes volunteering my ...
economics	8/13/2009
Q: May you please help me on finding a dissertation topic on Industrial Economics. A: I'm tempted to say that, for $100,000, payable in advance, I will help you. JUST KIDDING. ...
after-tax project IRR, interest consideration in calculation of income tax	8/11/2009
Q: I understand that in calculation of PROJECT IRR, the loan interest shall not be considered as a cash ... A: Tang, you have crossed the line from a student needing information into PAID CONSULTING work. You ...
history	8/7/2009
Q: How can the presence or absence of natural resources and arable land affect a nation economy, ... A: Read this, esp. the BIG PRINT: ...
Economic Reforms	8/6/2009
Q: I am studying B.Sc Civil Engineering in Bahrain. I want to write my thesis on "Impact of Economic ... A: O.K., Othman, I'm still hesitant, but you seem disposed to want to argue about certain things. I ...
after-tax project IRR, interest consideration in calculation of income tax	8/6/2009
Q: I understand that in calculation of PROJECT IRR, the loan interest shall not be considered as a cash ... A: Tang-- I guess the answer to your question depends on how one defines "authoritative literature." ...
answers to the questions...	8/5/2009
Q: I am studying B.Sc Civil Engineering in Bahrain. I want to write my thesis on "Impact of Economic ... A: Othman. Let me ask four more questions, if you don't mind. Sorry, but I want to get my reply right ...
Economic Reforms	8/5/2009
Q: For my Management course, pl. solve the following question :- Q: ‘Economic reforms have taken into ... A: First, read this, please: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm As ...
"Impact of Economic Crises on Construction Industry" : A Thesis	8/5/2009
Q: I am studying B.Sc Civil Engineering in Bahrain. I want to write my thesis on "Impact of Economic ... A: Othman-- Thank you for your question, and thank you for using AllExperts.com. Let me offer you a ...
inflation	7/23/2009
Q: in India in recent times though the prices of all goods and services are increasing, the rate of ... A: Praveen: Read this, please: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm ...
Recesion	7/22/2009
Q: Warren, I can't seem to open a page in the newspaper today without seeing articles and articles ... A: and thank you for using AllExperts.com. I can help you here. Three caveats at the beginning, ...
GDP per Capita in PPS	7/20/2009
Q: Good Afternoon, I'm looking for some information on the eurostat site. Reading about economic ... A: Luca-- Thanks for a most interesting question. I never heard of PPS in the context you cited, so I ...
after-tax project IRR, interest consideration in calculation of income tax	7/18/2009
Q: I understand that in calculation of PROJECT IRR, the loan interest shall not be considered as a cash ... A: Tang Chunchao-- It's nice to hear from you and to revisit the question of Interest Expense in IRR ...
higher studies?	7/17/2009
Q: respected sir, it would be very informative if you would help me. These are my details;- I am ... A: Your points are well-taken, Alan. I inferred ACCA was a credential because, in your first two ...
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: I understand your concerns. My wife and I have even talked about moving elsewhere. We have ...
higher studies?	7/13/2009
Q: respected sir, it would be very informative if you would help me. These are my details;- I am ... A: Alan, I had never heard of ACCA until you wrote me about it. Therefore, I cannot express an opinion ...
world economics	7/9/2009
Q: I have a question. If everyone in the world, had the same amount of money. Which i think would make ... A: It's hard to know where to start on this one because the world is not static the way your question ...
economic profit related to oppurtunity cost	7/2/2009
Q: i saw your answer on a question about oppurtunity cost and it was very usefull to me. I would like ... A: I answered the question you asked. Believe me, my friend, separating "economic profit" from ...
economic profit related to oppurtunity cost	7/1/2009
Q: i saw your answer on a question about oppurtunity cost and it was very usefull to me. I would like ... A: Jordy. Glad to help. I do not see a connection between "economic profit" and "opportunity cost." ...
President Kennedy's Tax cuts	6/22/2009
Q: I had asked this question before here and also searched the website recommended by expert but didn't ... A: Sonia-- Glad to help, as always. President Kennedy's tax cuts were NOT in 1964, my friend. He was ...
Money	6/18/2009
Q: Sonia again. I have a question about Credit cards. I was reading about 3 kinds of money functions - ... A: No, Sonia, credit cards are NOT money. They are not a store of value, and they are NOT a unit of ...
Social Civics	6/15/2009
Q: what is the national bureau of standards? can you please put it in high school level for me to ... A: Kaliyah, I'm glad to help you. The best way I can do that is to help you learn to help yourself. So, ...
Weighted average	6/14/2009
Q: Warren I am here again to disturb you :) I would be so grateful if you comment to my results. I ... A: You don't give me the distribution of the articles in 1990, but I'm confident that your calculation ...
GDP per capita	6/13/2009
Q: Miller: Be so kind to ask my question below. I am confused with GDP per capita calculation. As i ... A: Got it, Aytan. The country is Azerbaijan. OK, the first thing is that I think your estimate of the ...
GDP per capita	6/13/2009
Q: Miller: Be so kind to ask my question below. I am confused with GDP per capita calculation. As i ... A: Aytan-- Thank you for your question, and thank you for using AllExperts.com. I'll be glad to help ...
Thesis Topic	6/13/2009
Q: I need to know that as an MBA what topics will be most suitable for writing a thesis in my Economics ... A: Saima, I think any one of those three topics would be interesting and useful. But if I were making ...
Weighted average	6/13/2009
Q: Warren D. Miller Fisrt of all I want to thank you for being here and giving us an opportunity to ... A: Loona, my friend, your English is a WHOLE LOT BETTER than my Japanese! Don't apologize, please. You ...
Weighted average	6/12/2009
Q: Warren D. Miller Fisrt of all I want to thank you for being here and giving us an opportunity to ... A: I wish everyone were as prompt and as generous in their responses as you. Thank you so much. Now, ...
Weighted average	6/12/2009
Q: Warren D. Miller Fisrt of all I want to thank you for being here and giving us an opportunity to ... A: Loona-- Thank you for your questions, and thank you for using AllExperts.com. Your questions are ...
Leakages and injections in the economy	6/10/2009
Q: I don't quite understand the concepts of leakages and injections in the economy. As I understand ... A: Very sophisticated questions, Amy. Great stuff. I'm delighted to respond. For starters, I think you ...
Interest rate	6/9/2009
Q: I have a question about interest rates. In my text book its stated that Interest rate is actually ... A: Sonia-- Thank you for a most interesting question. You have a great mind to think of a question ...
hi	6/9/2009
Q: I am taking economics and finding it very difficult. I did pretty good on supply and demand section, ... A: OK. I had to check that. First, you need to plot the function, U = XY, on a graph. Two questions: ...
hi	6/9/2009
Q: I am taking economics and finding it very difficult. I did pretty good on supply and demand section, ... A: Rose-- Thanks for your questions. I believe I can help you. However, you also need to help yourself ...
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: That's great, Corinna. I encourage you to keep those goals. DON'T let them get away from you. DON'T ...
microeconomic	6/7/2009
Q: What is meant by ceterus peribus? What factors are covered under ceteris Paribus condition in ... A: Go to www.google.com, and input the following (with the quotation marks"): "ceteris paribus" ...
Thesis Topic	6/7/2009
Q: I need to know that as an MBA what topics will be most suitable for writing a thesis in my Economics ... A: I'm glad to try to help you, but I can't do it in a vacuum. In essence--and I don't think you're ...
Gross Domestic Product	6/5/2009
Q: need some sort of help in understanding it and resolving it. Thanks! 1.The Conservative Reserve ... A: Sonia. I'll be glad to help you. And I do appreciate your effort to choose the right answer. First, ...
Gross Domestic Product	6/4/2009
Q: need some sort of help in understanding it and resolving it. Thanks! 1.The Conservative Reserve ... A: Sonia, I don't answer questions marked "Private." If I did, I'd be pretty stupid and would be ...
economics	6/3/2009
Q: When people earn money in other countries and bring them back to their own country does it fuel ... A: Swapnil. Please allow me to make an assumption: the money they bring back to their own country is in ...
question	6/2/2009
Q: ur info really helped me thankyou A: I'm delighted, Aashritha. I wasn't sure, so I do appreciate your letting me know. Would you please ...
question	6/1/2009
Q: im aashritha and i have question related to disaster management im not sure if it is related to ... A: Sorry I'm such a dunce, Aashritha. How do student volunteers help in disaster management? Well, I ...
question	5/31/2009
Q: im aashritha and i have question related to disaster management im not sure if it is related to ... A: Aashritha-- Thank you for fixing that. I'm assuming that your question is, "How do students ...
Productivity	5/28/2009
Q: We constantly hear about worker productivity. If a company exports jobs overseas ( and as a result ... A: As long as I'm donating my time, when someone tries to waste it, I'll be as snippy as I choose to ...
Productivity	5/27/2009
Q: We constantly hear about worker productivity. If a company exports jobs overseas ( and as a result ... A: I'm sorry, Paul, but I take strenuous exception to your characterization of putting jobs where the ...
Productivity	5/26/2009
Q: We constantly hear about worker productivity. If a company exports jobs overseas ( and as a result ... A: Paul, I think I understand the questions you're asking. I think. Let me take a few swings here, and ...
senior final project	5/20/2009
Q: I am doing my final project for high school, and I need an interview from an expert. We had to ... A: Matt, I'd like to help you, but your questions are just too broad and would consume too much of my ...
Managerial Economics	5/15/2009
Q: sir i am MBA student and i need your help for following questions 1 What do you mean by the term ... A: Pravin, if you've read my profile ...
Question about research on paycheck frequency	5/14/2009
Q: Are employees who receive their paychecks more often less likely to quit, while the opposite for ... A: Very interesting, Nick. I hope you won't be offended if I offer a gentle correction or two. First, ...
Your Opinion about Immigration affecting the ecomony	5/7/2009
Q: my name is Julia and i wondering if you could give me your opinion on: - How the U.S ecomony is ... A: Well, Julia, those are very tough questions. Let me tell you what I'm sure of. 1. Politicians, esp. ...
Poor?	5/7/2009
Q: If you live on welfare and medicaid,does that mean that you are poor but you don't live under poor ... A: That's terrific, Corrina. I appreciate your taking the time to do that. Now that you've done it, you ...
Education in developing countries	5/5/2009
Q: I'm not sure if you will be able to answer this question. However, it is not so much a question as ... A: Maria, I'd like to help you, but I really cannot. I wouldn't know where to start. I also don't know ...
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: Unfortunately, they are so vaguely worded that I cannot answer them. For instance: 1. What is your ...
Swine Flu and the economy	5/3/2009
Q: With the Swine Flu epidemic increasing in scale, and medical companies trying to find a cure, Will ... A: If you have read my ...
Current Economic Downturn	5/1/2009
Q: i have heard in the news that in some areas, the recession hasn't taken place. is that true? why? A: Andrea, I want to help you, but I simply cannot respond to a question as vaguely worded as one that ...
Agency or Non agency	5/1/2009
Q: I trust my message finds you happy and well. I am currently revising for a Risk Management exam and ... A: Tobias-- Thank you for your kind words. Sorry I missed your email. Things are hopping here right ...
profit maximizing	4/29/2009
Q: How do I calculate when profit maximizing takes place (at what quantity) using the following ... A: Read my profile, Diane: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm. I ...
The big "D"	4/27/2009
Q: I'm getting more and more curious by the day. Evidently, the official definintion of "Recession" is ... A: Dan-- Thanks for your question. I'm going to answer it, plus another to which you alluded. Both are ...
Notes	4/25/2009
Q: If RBI holds stock of the requirement of currency notes in our country, why cant it go ahead ... A: I'm no expert on Indian economics, believe me. However, I googled "central bank" and "India" and ...
American Recovery and Reinvestment Act (ARRA)	4/25/2009
Q: I am 65, retired, drawing social security. My husband is 61 working part-time and drawing ... A: Forgive me, please, for being candid, but it's necessary. I am not licensed to give investment ...
The price elasiticy of demand for shoes	4/24/2009
Q: I would like to ask for your advice on how to present an argument on the price elasticity of demand ... A: First things first: I apologize for not responding more promptly to your inquiry. I'm a ...
previous question	4/16/2009
Q: My question about "why, for example, central bank head Nicholas Biddle apparently went to war ... A: Tiffany-- Thank you for the clarification. It is very helpful. Please forgive me for sounding like ...
inflation	4/16/2009
Q: I've been reading "Meet the System" at JoePlummer.com. It's about our fraudulent banking system, and ... A: With respect, Tiffany, I'm a little disappointed in receiving a '5' for 'Clarity'. In fact, my ...
inflation	4/15/2009
Q: I've been reading "Meet the System" at JoePlummer.com. It's about our fraudulent banking system, and ... A: That's a pretty spectacular response, Tiffany. I mean it. You have a grasp of macroeconomics that ...
Macroeconomics	4/14/2009
Q: Why is Fed concerned about the financial markets expectations of its policies? A: and thank you for using AllExperts.com. What are your thoughts about the answer to this question? ...
inflation	4/11/2009
Q: I've been reading "Meet the System" at JoePlummer.com. It's about our fraudulent banking system, and ... A: Tiffany-- Thanks for your question, and thank you for using AllExperts.com. One of the things that ...
Help on career	4/11/2009
Q: I am Rizwan, back after a long break. Dear Sir i have reached a final dicision to join the civil ... A: If you read my profile @ AllExperts.com, you know that I do NOT respond to questions marked ...
Question on Austrian economics?	4/4/2009
Q: As someone who has studies Keynesian economics as a student, it was quite difficult to grasp. Though ... A: You are correct, Josh: in few college economics courses is there any mention whatsoever of the ...
Question on Austrian economics?	4/4/2009
Q: As someone who has studies Keynesian economics as a student, it was quite difficult to grasp. Though ... A: Josh-- Thank you for your question, and thank you for using AllExperts.com. Thank you, too, for ...
Elasticity of Demand	3/6/2009
Q: Sir i want your guidence in the following question. There are 2 part of the following question firt ... A: Nice to hear from you again, Yasser. Since you say you have a "clear" understanding of "elasticity ...
EU vs. US	3/6/2009
Q: Sir: I am unsure whether this is an area to which you will respond, but I am attempting to determine ... A: Rich. Those are very helpful. To be accurate in response to your questions, one would need to ...
Competative Market and Monopoly	3/5/2009
Q: I have two questions: 1- When do competitive markets generate an inefficient allocation of ... A: Yasser, please have your 'junior' use Google to try to answer these questions. If, for instance, the ...
Competative Market and Monopoly	3/5/2009
Q: I have two questions: 1- When do competitive markets generate an inefficient allocation of ... A: Yasser, please read this: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm I ...
stimulus	3/5/2009
Q: why is obama so sure this stimulus will work? whats the difference between this one and the last ... A: Alex, you've asked two timely and difficult questions. I'll give you my take on it, but it's only ...
economy	3/3/2009
Q: I am on the debate team and I am research information about the economy. We will be debating ... A: Jon. Do you know how to find information using Google? Warren Cont'd Jon, you have shown yourself ...
development aid	3/3/2009
Q: should development aid be withheld from countries without free press? A: Please read this: http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm Is this a ...
Economics 2 - Sent partial question last time	3/2/2009
Q: I acutally sent you a question a few minutes ago, but accidentally sent before I finished. The ... A: Fair enough, Tori. I wasn't going to give you the answer anyway. That's not the business I'm in ...
Help on Carrer Planning	3/2/2009
Q: Daer Sir, My pleasure to answer your questions, I believe it will bring a clear insight to me. ... A: Well, Rizwan, it's still not clear to me what you really want to do. Let me say a few more words ...
Help on Carrer Planning	3/2/2009
Q: Daer Sir, My pleasure to answer your questions, I believe it will bring a clear insight to me. ... A: I have one last question for you: On the one hand, you say that you don't think you have the ...
help on an economics statement	3/2/2009
Q: May you please help to fill in the below statement: "When the minimum wage is raised, we would ... A: Glad to try to help, Rizwan. Before I try to offer you some thoughts, let me ask you a few ...
Introductory material to A. Econ	3/1/2009
Q: My name is Gonzalo Gil and I am an undergraduate of economics (Post-Keynesian and Institutional ... A: Wow, Gonzalo!! Thank you so much for your GREAT request. I am only too happy to oblige you. I'm just ...
crisis	2/25/2009
Q: I recently got employed and I have a decent salary. I am living in central Europe. Considering the ... A: Barbara, if you read my ...
help on an economics statement	2/25/2009
Q: May you please help to fill in the below statement: "When the minimum wage is raised, we would ... A: Rizwan, I'm sorry this took so long. I contacted a brilliant colleague who is a professor of ...
help on an economics statement	2/25/2009
Q: May you please help to fill in the below statement: "When the minimum wage is raised, we would ... A: You answered it about the way I would have answered it, Rizwan. I would have used "rise" instead of ...
*MEDIA REQUEST*	2/23/2009
Q: Warren Miller; My name is RJ Bradford, reporter with Scenario Magazine (www.scenario.sc), and I ... A: I'll be glad to discuss the current financial situation w/you. Unfortunately, I think you probably ...
Follow up	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: I doubt there is any such thing as an 'average Chinaman,' any more than there is an 'average ...
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: Michael-- You've asked a pretty complicated question by mixing government with 'banks and financial ...
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: Rohan. Let me make a few comments. Before doing so, however, let me warn you that I'm going to be ...
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: and thank you for using AllExperts.com. I'll be glad to try to help you. Over the years, I've ...
help	2/18/2009
Q: what is the amount of the national debt A: and thank you for using AllExperts.com. Let me respond. I assume you mean the national debt of the ...
HELP	2/13/2009
Q: I didnt get this questions can you please help me with it 1. Net exports are negative when: a. A ... A: Veronica-- Please read my profile: ...
/ opportunity costs	1/28/2009
Q: I work in the shipping industry and would like some pointers on how opportunity cost principles can ... A: I understand your question, but I'm not at all sure how to respond to it. Let me ask you a question, ...
IRR	1/25/2009
Q: For calculation of IRR for a project we do not consider Interest during contruction, even though ... A: I have commented on IRR elsewhere in my replies on this Forum. I urge to take a look at them. The ...
Financial crises and Refugee cases for USA	1/23/2009
Q: I would like ask you some thing which is really hard for me to make my decision. I am nearly ... A: I am sorry, but I am in no position to offer you any advice. Your choices are very personal and far ...
FOMC	1/23/2009
Q: Miller, I'm Michelle S., now currently in 8th grade. A research project has been assigned and ... A: Unfortunately, each one requires a book-length response. That is beyond me. I don't have the time, ...
Product substitutability	1/21/2009
Q: Background: We are located in an economic model where product A has a "high product ... A: Sorry to be so long replying, Rod. I've been traveling since dawn Wednesday. Let me ask you one ...
Product substitutability	1/21/2009
Q: Background: We are located in an economic model where product A has a "high product ... A: Please accept my humble and heartfelt apologies. The way the questions were posted and worded struck ...
Product substitutability	1/21/2009
Q: Background: We are located in an economic model where product A has a "high product ... A: You need to read my 'profile' here: ...
The Great Depression	1/21/2009
Q: My name is Alexander Lin. I am currently an 8th grader who attends Miller Middle School. I've been ... A: and thank you for using AllExperts.com. It's great that a young man like you is embracing technology ...
Plz answer the qs.	1/16/2009
Q: Managerial Economics serves as a “link between traditional economics and decision making sciences.” ... A: Had you read my profile, ...
U.S. Dollar	1/13/2009
Q: Why the American dollar remains strong in spite of the financial crisis and bailout plans? A: Eddie, I've answered a question similar to this recently. Click here, ...
Economy	1/11/2009
Q: I would like to ask you ''can you tell me aWEBSITE that i can give me further introductions of ... A: and thank you for using AllExperts.com. I'm sorry, but I don't understand the question you're ...
Tourism	1/8/2009
Q: I'm writing a paper on economic impacts of community based tourism and would like to know the ... A: Evans. That helps. Let me make some general comments and hope that you find them helpful. First, I ...
Money/HW help	1/7/2009
Q: I was told to find the answer to the following question and I have been searching the internet for a ... A: Teri-- Thanks for your question. Let's explore this a little. You wrote, "I have been searching ...
economic sector efficiency	1/1/2009
Q: All sectors receive a mix of public, private, non-profit support. How can we assess whether these ... A: Bill-- Thank you for your speedy response and for answering my three questions. Very helpful. Santa ...
economic sector efficiency	12/31/2008
Q: All sectors receive a mix of public, private, non-profit support. How can we assess whether these ... A: Bill, thank you for your questions and for your interest in the subject of economics. You're ...
Regarding US dollar	12/30/2008
Q: Why US dollar is still increasing against Indian Rupees inspite of US is in one of worst recession. ... A: I will respond to two of your questions, but not to one of them. Thank you for your interest in ...
iraq	12/25/2008
Q: Will pulling out of Iraq have a significant impact on the economy considering we would save $100 ... A: Jon-- Thanks for your question, and thank you for using AllExperts.com. And a Merry Christmas to ...
Agricultural Futures	12/18/2008
Q: I watch a financial news program that provides prices for agricultural futures. For example, corn, ... A: and thanks for using AllExperts.com. Let me try to shed some light on this for you. Let's begin ...
Real GDP as it relates to doubling, tripling, etc.	12/14/2008
Q: Warren, I am gearing up for finals and have a list of concepts that I specifically need to brush up ... A: Tiffanie-- Thank you for your question, and thank you for using AllExperts.com. I'd be happy to try ...
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: Wow, Jon. Sounds as if you've been reading some fairly goofy stuff. Let me try to get you back to ...
recession	12/8/2008
Q: sir,i am doing gradution in commerce from india. i know what is recession but i want to know that ... A: and thank you for using AllExperts.com. Most of all, thank you for reading my profile. I believe ...
Economics	12/8/2008
Q: If we use a relative defination of poverty what difficulties would we encounter in comparing poverty ... A: Jay, had you read my profile, http://www.allexperts.com/ep/2301-84697/Economics/Warren-D-Miller.htm, ...
concept of private insurance vs. universal	12/6/2008
Q: I am economically ignorant 59-year-old, and am trying to understand the way private insurance works ... A: David. Let me respond to your questions and also provide a little background color for ...
State Debt	12/5/2008
Q: I've been hearing in the media lately about how nearly all State and local governments across the US ... A: and thank you, too, for using AllExperts.com. I'm happy to respond. Let me try to explain (1) how ...
concept of private insurance vs. universal	12/4/2008
Q: I am economically ignorant 59-year-old, and am trying to understand the way private insurance works ... A: O.K., I think I understand the questions. Obviously entire books have been written in response to ...
concept of private insurance vs. universal	12/3/2008
Q: I am economically ignorant 59-year-old, and am trying to understand the way private insurance works ... A: David-- Thank you for your questions, and thank you for using AllExperts.com. Let me start by ...
rights offering	12/1/2008
Q: i am kiriakos from greece again,you realy helped me answering me to my question for rights offering ... A: Kiriakos, all I can say is that I've never heard about "the returns of rights offering in business ...
Sector Depression	12/1/2008
Q: Can a sector of the GDP be in a Depression while the GDP as a whole is in a recession? Example: ... A: and thank you for using AllExperts.com. One of the things that the study of economics should do is ...
rights offering	12/1/2008
Q: i am kiriakos from greece and i would like to ask you what exacly is rights offering and whats its ... A: and thank you for using AllExperts.com. A 'rights offering' gives existing shareholders in a ...
bail out	11/30/2008
Q: Is the 700b the Fed is using to bail out the American financial institutions new money or money they ... A: Greetings from chilly Toronto, William. Sorry it took me a couple of days to get to your question. ...
bail out	11/30/2008
Q: Is the 700b the Fed is using to bail out the American financial institutions new money or money they ... A: I think that you and I are generally on the same page, William. However, I will take this ...
bail out	11/29/2008
Q: Is the 700b the Fed is using to bail out the American financial institutions new money or money they ... A: William. It implies that the U.S. government runs its budgets at a surplus. It hasn't done that ...
currency	11/28/2008
Q: I would like to know if any currency is backed by the gold standard now? If not, then what currency ... A: and thank you for using AllExperts.com. The short answer to your first question is that no currency ...
Econmics	11/26/2008
Q: 1.)A natural consequence of a government taking more than it takes in ceteris paribus is? A. ... A: You're cheating, Nathan, pure and simple. I don't enable cheaters by participating in the cheating ...
Payback calculation	11/25/2008
Q: I had the same question in mind as to why interest is not be included in the payback calculation . ... A: Sorry that I'm not getting through on this one. Let me try again. It is important that you and ...
private company stock	11/21/2008
Q: my daughter has her own small company and would like to know how to issue stock for sale. can you ... A: Your daughter is playing with fire. In fact, I would argue that she has a legal gun aimed straight ...
Monetary Economics	11/18/2008
Q: Me again! I hope you are well and enjoyed your summer. I am trying to put together some good notes ... A: Tobias. Glad you have the Mankiw book. He's terrific, even though he's an adherent of equilibrium in ...
Price Elasticity of Demand	11/17/2008
Q: . Maybe you'll be able to help me :) How does knowledge of the price elasticity of demand for cars ... A: If I do your homework for you, you don't learn anything. I subscribe to the old Chinese proverb ...
National Debt	11/15/2008
Q: I was wondering how do you calculate the U.S national debt (which is around 10.5 trillion). I ... A: If you're asking me, as your question indicates you are, how I, Warren Miller, calculate the ...
Stimulus Checks	11/10/2008
Q: I've been having a discussion with my friend regarding this terrible economy were in, and how those ... A: Anita. Before I weigh in, let me ask you to clarify a couple of things you wrote, if you don't mind. ...
Economics	11/10/2008
Q: how would you go about answering the question : “The only acceptable amount of pollution is no ... A: William. I wasn't trying to be difficult, but I was trying to convey that economics requires ...
Economics	11/10/2008
Q: how would you go about answering the question : “The only acceptable amount of pollution is no ... A: William-- Thanks for your question, and thank you for recognizing that my function here is to ...
Economics	11/6/2008
Q: Oh ok than Mr.Miller .. if you can only lighten up the factors which influence the ... A: Faeza, I still don't know if I understand, but let me take a run at this. The short answer is that ...
Monetary Economics	11/5/2008
Q: Me again! I hope you are well and enjoyed your summer. I am trying to put together some good notes ... A: Tobias-- Welcome back! Before I respond, I'd like to read YOUR ideas about "the effect on output ...
Followup question/clarification	11/5/2008
Q: As an Austrian school expert, can you tell my why I shouldn't believe with all conviction that this ... A: Dirk. I appreciate the clarification. As I have written previously ...
The "root" cause of our economic crisis	11/5/2008
Q: As an Austrian school expert, can you tell my why I shouldn't believe with all conviction that this ... A: Dirk-- Yours is an intersting series of questions. Before I respond, however, please elaborate on ...
Query on value	11/2/2008
Q: Good Day Sir I would like to find out a few things and the first thing is that we have 100000 ... A: First, I don't answer questions marked 'Private.' Had you read my Profile ...
Equity IRR	10/29/2008
Q: I'm sorry about my confusing question. What I meant, is when I calculate the "regular" IRR, I use ... A: First, I apologize for taking a while to get back to you. I had to fly to San Antonio, Texas, to ...
Current economic climate	10/29/2008
Q: am 64 yr. old Brit who has always been interested in current affairs but wasn't educated to a ... A: God save the Queen, Pauline! Seriously, thank you so much for your generous praise. I'm married to ...
Keynsian theory and communist theory	10/28/2008
Q: I want to make the assertion that economic theory not based on experimentally provable assumptions ... A: com. Yours is a most unusual request. I don't know quite how to handle it, so I'm just going to ...
help please	10/27/2008
Q: i have been given a question for homework and was wondering if you could give me some guidance on ... A: Traci, I'm not sure you worded that the way you intended to. I think your sentences are too long. ...
help please	10/27/2008
Q: i have been given a question for homework and was wondering if you could give me some guidance on ... A: and thank you for using AllExperts.com. And thank you, too, for recognizing that I don't do others' ...
us dollar	10/26/2008
Q: Please explain why in this period of economic crisis is the us dollar increasing in value? ANSWER: ... A: Ms. Goetz, my honest answer is that I have no idea. There will be a changing of the guard in ...
environmental movement/revolution	10/25/2008
Q: I am looking for information or good information sources to help with an essay on environmental ... A: Alina, I don't think that this has much, if anything, to do with economics. I also find remarkable ...
us dollar	10/25/2008
Q: Please explain why in this period of economic crisis is the us dollar increasing in value? A: Ms. Goetz-- I have answered this question recently. Here's the link: ...
Money matters	10/24/2008
Q: In a country, we say that the money notes are supported by the reserve. The reserve where is it ... A: The honest answer to your question, LOK, is that I don't know. However, I feel pretty confident in ...
price elasticity of demand	10/24/2008
Q: I've got a question on assignment but am not able to solve it. The question is "Suppose the price ... A: Collin-- I think you can solve the question. If I do your homework for you, you don't learn ...
Money matters	10/24/2008
Q: In a country, we say that the money notes are supported by the reserve. The reserve where is it ... A: I'm not sure I understand each of them, but I'll give them a try. 1. The reserve where is it keep. ...
profit maximization	10/24/2008
Q: I am in a microeconomics class that is most difficult for me. At this point I have to give an ... A: Before we dive into this, let me ask you aWhat textbook is your micro class using? WDM ...
Project IRRs in a Growth Business	10/23/2008
Q: Warren, We are currently working on a project where we are looking to ramp up our business over the ... A: The situation with which you're dealing is far more complicated than a mere "formula to use," ...
IRR and Equity IRR	10/23/2008
Q: First of all, thanks so much for your help a few months ago. You really helped me better understand ... A: Those links were very helpful, Soren. I couldn't make much of the context of the Mitsubishi Report, ...
Price Elasticity of Demand	10/22/2008
Q: I am working on some homework problems, and seem to be having trouble on my Price Elasticity of ... A: Gracie-- I've answered quite a few PED questions on this forum previously. Have you looked at any ...
IRR and Equity IRR	10/21/2008
Q: First of all, thanks so much for your help a few months ago. You really helped me better understand ... A: Soren-- Thank you for your kind words. I'm glad I was able to help. To tell you the truth, I've ...
Financial Markets	10/19/2008
Q: Good on you for the sharing knowledge, I only wish my boss could understand that - he does not like ... A: The dollar is gaining against other currencies because FX investors believe the dollar is a safer ...
exchanging money through intermediate currencies	10/15/2008
Q: Is it ever possible to get a slightly better exchange rate by exchanging money through an ... A: and thanks for using AllExperts.com. Let me respond. First, anything is "possible," especially when ...
Economics; Cost of Production	10/15/2008
Q: Miller, If you are given just the MP values, how would you find the values for AP? What I mean is, ... A: Nikki-- I've dealt with price elasticity of demand a number of times in this Forum. Please take a ...
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: Rebecca-- Thanks for some interesting questions, and thank you for using AllExperts.com. Let me try ...
Subsidy and Government Aid	10/14/2008
Q: I need some assistance. I find that there's a very fine line between what subsidies are and what ... A: Faizal-- Thank you for your question, and thank you for using AllExperts.com. You raise an ...
COMMUNISM	10/11/2008
Q: I DONT KNOW IF YOU CAN ANSWER THIS BUT I WILL TRY ANYWAYS: i was wondering, that if you were to live ... A: and thank you for using AllExperts.com. Let me respond. In the first place, as you surely know, ...
Intrapolation of LIBOR	10/10/2008
Q: I'm a civil Engineer working in East Africa. I'm supposed to compute accrued interest on certain ... A: You're asking a complex question that, in all honesty, requires whoever is going to help you to see ...
Intrapolation of LIBOR	10/10/2008
Q: I'm a civil Engineer working in East Africa. I'm supposed to compute accrued interest on certain ... A: I need to know more about the context of your question. For instance, WHY are you "supposed to ...
depression and recession	10/8/2008
Q: Could you please give me easy-to-understand definitions of Depression (such as that which occurred ... A: Al-- Thanks for a very timely question, and thank you for using AllExperts.com. I'm happy to ...
Current economic recession	10/6/2008
Q: It seems pretty obvious at this point that our economy is falling into a recession. In discussing ... A: (10-08-2008 - I've revised my original answer based on research I have subsequently done.) Thanks ...
economic growth	10/6/2008
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 system	10/4/2008
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 Plan	10/1/2008
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 method	10/1/2008
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 prices	9/22/2008
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 Cost	9/20/2008
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 ...
Economics	9/20/2008
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 companies	9/14/2008
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 gouging	9/13/2008
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 gold	9/10/2008
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 value	9/9/2008
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 Economy	9/6/2008
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 oligopoly	9/6/2008
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 question	9/5/2008
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 IRR	9/3/2008
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 Economy	8/22/2008
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 Burden	8/21/2008
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 curve	8/19/2008
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 curve	8/19/2008
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 Invesment	8/19/2008
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 policy	8/15/2008
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 question	8/15/2008
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 ...
question	8/13/2008
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 ...
economics	8/9/2008
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 CFs	8/5/2008
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 Demand	8/5/2008
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 Demand	8/5/2008
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 ...
IRR	7/25/2008
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 ...
inflation	7/21/2008
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 ...
IRR	7/17/2008
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 ...
inflation	7/14/2008
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 economy	7/11/2008
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-oil	6/28/2008
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 future	6/18/2008
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 TERMS	5/30/2008
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 dollars	5/25/2008
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, ...
economics	5/24/2008
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 ...
economics	5/23/2008
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 Parity	5/13/2008
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. ...
elasticity	5/11/2008
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 dollar	5/11/2008
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 dollar	5/8/2008
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 depression	5/8/2008
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 price	5/7/2008
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 dollar	5/6/2008
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 ...
meme	5/2/2008
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 equity	4/29/2008
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 equity	4/22/2008
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 Growth	4/16/2008
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 Unemployment	4/16/2008
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. France	4/10/2008
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 ...
finances	3/31/2008
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 bank	3/31/2008
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 ...
finances	3/30/2008
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. ...
problems	3/27/2008
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. ...
problems	3/27/2008
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, ...
Question	3/21/2008
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 ...
Question	3/21/2008
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 lending	3/20/2008
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 ...
Question	3/17/2008
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, GDP	3/14/2008
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 stock	3/10/2008
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 ...
currancy	2/17/2008
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 ...
Microeconomics	2/12/2008
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, ...
MPC	2/7/2008
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 Arabia	2/6/2008
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 ...
Antitrust	2/5/2008
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 Value	2/4/2008
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 industry	1/30/2008
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 ...
econ	1/29/2008
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 Competition	1/19/2008
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 Competition	1/19/2008
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 Theory	1/12/2008
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 thoughts	1/12/2008
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 economy	1/6/2008
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 penalty	1/4/2008
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 ...
Question	1/4/2008
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, ...
PED	1/2/2008
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 conversion	12/30/2007
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 Demand	12/24/2007
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 Dollar	12/19/2007
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 economics	12/18/2007
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 economics	12/18/2007
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 ...
economics	12/13/2007
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 line	11/23/2007
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 rate	11/22/2007
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 equlibrium	11/20/2007
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 Policies	11/19/2007
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 Policy	11/18/2007
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 ...
Macroeconomics	11/14/2007
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. ...
Accounting	11/14/2007
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 ...
Dumping	11/11/2007
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, ...
Macroeconomics	10/24/2007
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 calculation	10/23/2007
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 101	10/13/2007
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 101	10/13/2007
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 101	10/13/2007
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 101	10/13/2007
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 Elasticity	10/12/2007
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 soon	10/1/2007
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 Economy	10/1/2007
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 ...
unemployment	9/30/2007
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: ...
GDP	9/29/2007
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 Economy	9/28/2007
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 population	9/26/2007
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 currencies	9/17/2007
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 ...
Inflation	9/14/2007
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 ...
Economics	9/5/2007
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 ...
Economics	9/4/2007
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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