17 Answered Questions for the topic Economy

Economy Microeconomics

08/14/19

What are the four types of unemployment mentioned in general?

Explain unemployment. In terms of how an economy works, one thing leads to another. There are different reasons why people are unemployed; they may not even be looking for work.

What ethical (if any) or economical arguments are offered in defense of the inheritance tax?

Although I am normally quite supportive of higher taxation, I've never really felt comfortable with the inheritance tax. I see no reason why the government should tax the money a parent wishes to... more

What factors contributed to the U.S economy flourishing during the early cold war period?

Wars, cold or otherwise, are bad for economies, right? So why did the American economy flourish during the early Cold War period (shortly after World War II)? Could anyone help me identify some... more

How were FDR's economic policies as Governor of New York contradictory?

I have read in a number of Roosevelt's biographies that as Governor of New York, Roosevelt was not so aware of how economics works. He recognized that radical change was needed to respond to the... more

But without government, who will take care of the poor?

Without government, who will take care of the poor? One government defines [poverty](http://www.census.gov/hhes/www/poverty/about/overview/measure.html) as $11,888/yr for an individual.

How did the Supreme Court case Lochner vs. New York influence the U.S. economy?

How did the Lochner vs. New York case affect the U.S. economy at the time?

If Jim, a random citizen, owes TD Bank $300,000 for his house mortgage, is this added to the U.S. national debt?

According to [Wikipedia](https://en.wikipedia.org/wiki/National_debt_of_the_United_States): National debt consists of two components. The first is > *Debt held by the public*, such as Treasury... more

04/04/19

How close were the living standards of India compared to England during the medieval period?

India, China and the African continent today are mostly associated with poverty in Europe, the US and so on. Looking at India specifically, did it during the medieval era share a similar standard... more

03/29/19

What is so special about the location of Mexico City?

Since 1325, the area we know today as Mexico City has held some sort of cultural or historical bond. The bond is so strong that, no matter what, no matter how bad a shape the country gets, they... more

Where did Japan get their oil during WWII?

To my understanding the United States was the largest exporter of oil to the Japanese prior to Pearl Harbor. The Japanese islands aren't known for their oil fields. It's also believed that the... more

05/15/18

How do I calculate interest rates?

what is the interest rate given on a simple loan of 12000 given: Principal 1200, Interest rate 5.5, Time 6 years

04/17/16

If the MPC is 0.75 and investment spending increased by $20 billion, then the increase in GDP will be $

If the MPC is 0.75 and investment spending increased by $20 billion, then the increase in GDP will be $

04/17/16

GDP to increase by $160 billion. If the MPC is 0.80, to reach the President’s goal government spending must increase by $

Assume you are an economist working on the President’s Council of Economic Advisors. The President wants the U.S. GDP to increase by $160 billion. If the MPC is 0.80, to reach the President’s goal... more

Market Economy questions

Hi All,   Please help me answer these questions.    1. How has our market economy impacted life in the United States throughout our history?   2. How do our economic decisions affect our... more
Economy

03/18/14

A less skilled workforce and lower literacy rates are symptoms of what?

Needd help with this question please

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