0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is the currnent mazut 100-75 Marketscan NWE Platt price?
What ist the marketscan NWE PLatt price for Mazut 100-75 ? Please give us an answer
Who said religion is the opiate of the masses?
The quote 'religion is the opiate of the masses' is attributed to Karl Marx, who wrote 'Die Religion ... ist das Opium des Volkes' in his unpublished work A Contribution to the Critique of Hegel's Philosophy, the introduction of which was published in Marx's journal Deutsch-Französische Jahrbücher. The full quote is 'Religion is the sigh of the oppressed creature, the heart of a heartless world, and the soul of soulless conditions. It is the opium of the people.'
What is a reasonable price to pay movers to move the contents of a three bedroom two bath home for an in-town move?
Move of that size would require 3-4 movers and around 6-10 hours to complete, depending on a number of factors such as the distance between the two locations, whether packing, unpacking, or disassembly/assembly is required, and other factors such as the floor you are moving from and to, whether ist a walk-up or elevator, etc. The prices also would vary, from $80-$95 per 3 movers and to $90-$110 for 4 movers, depending on the company. So given that the price range for such move should be from $500 to about $1200, with tips.
What fiscal policy combinations has the federal government most often followed to stimulate economic activity when the economy is in a severe recession?
The ferderal government can only stimulate the economy by reducing taxes, intesify support of businesses or pumping money into public infrastructure ... or intervene in the central bank (FED).Central banks have more efficient measures to stimulate.They usually decrease the key interest rate to stimulate the economy and avoid a recession. Descreasing this interest rate will lead to lower interest rates on business loans and motivates business owners to invest. More investment stimulates the economy.However, the key interest rate in the US is close to zero nowadays. The FED can no longer reduce it - negative key interest rates would be rubbish. Some economists call it the "zero interest trap". The FED ist now trying to stimulate the economy by buying most of the treasury bonds. Investors can no longer flight to bonds and are forced to invest in stocks and commodities. This MIGHT stimulate the economy as it increases the liquidity of the capital markets and could motivate investors to invest in businesses. - This is called quantitative easing (QE1, QE2).Quantitative easing is a large scale experiment. It has never been proven effective. However, the economy will look healthy as investors cannot move out of the markets. The only choice they have isInvest in stocks (US or non-US)Invest in commoditiesReal estate (2008 correction is still ongoing)Hold cashIf the economy does not recover it is likely that bubbles are built up, following a sharp correction on stock and/or commoditites. The end of quantitative easing (scheduled for end of june) could be a triggering event for a correction. We will see what the FED is going to do next.I personally do not see any alternatives to a new QE round (QE3 or whatever it will be named).
Gross domestic product can be defined as the total market value of all final goods produced in an economy during a one year Wh. y are the key words market valuefinal and year important?
* Posted: Mon, May 12 2008. 1:41 AM IST Ask Mint | How to measure GDP and make sure you get it rightWe can measure GDP by using any of the three methods-the output method, income method or expenditure methodReal Simple| Shailaja and Manoj K. SinghOur friend Jinny thinks that the growth of hair on our heads also contributes to the growth of our gross domestic product (GDP). There is a long list of people-right from the barber in our neighbourhood to the shampoo and hair oil makers located far off-who depend on the growth of our hair for the growth of their businesses. Imagine what would happen if the entire country were to go bald. How would that affect our GDP growth? Would there be a recession in the economy? If the barber had no money, how would he buy the baker's cakes? We will ponder over some of these interesting issues. But let us first understand the basics.JAYACHANDRAN / MINTJohnny: I keep hearing that the economists are concerned about the growth of GDP. But I don't understand what exactly we mean by GDP.Jinny: GDP is short for gross domestic product. It is measured in terms of the monetary value of all goods and services produced withinthe borders of a countryduring a year.A country can produce a variety of goods-from soaps to jumbo jets-and services, such as a barber cutting your hair or a chartered accountant taking care of your taxes. But, how can we measure the value of all these goods and services being produced in every nook and corner of our country?Well, we can measure GDP by using any of the three methods-the output method, income method or expenditure method. Output of goods and services leads to income for those who are producing and expenditure for those who are consuming the items. So, the value of GDP measured by any of the three methods must give the same figure. But, in reality, that is hardly so due to errors and omissions incounting.Johnny: How do these three methods work?Jinny: Let us talk about the output method first. In this method, we calculate GDP by adding the market value of all goods and services produced during a year. If the current market value is taken without making any adjustment for inflation, then we arrive at what is known as nominal GDP. However, if we adjust the current market price by taking inflation into account, we arrive at real GDP.Nominal GDP may not give you the true picture. Suppose last year you produced 10 bars of soap at the price of Rs10 each. Then the total value of your output is Rs100. But suppose the price this year has increased to Rs12 due to inflation and you have produced only nine bars of soap. The total value of your output at the current price is Rs108, which is still 8% higher than the value of your output last year. The price rise due to inflation makes it look as if your output has increased by 8%, whereas in reality your output has decreased by 10%. To know the real GDP, you have to ignore the increase in price due to inflation and measure the value of your output at a constant price.How do you do that? We first choose what we call the base year, which serves as the starting point of our comparison. The price of the product in the base year is taken as the constant price. Suppose, in the present example, last year is our base year. You ignore the Rs2 increase in price and take Rs10 as the constant price of soap. At this price, the value of output is Rs90, which actually shows a 10% decline in output. So, real GDP gives us the picture of real growth.Johnny: Yes, Jinny! Inflation really makes a lemon look like a watermelon.Jinny: But, inflation is not the only culprit. Taxes and subsidies also distort the value of GDP. The market value of goods and services may increase due to taxes and decrease due to subsidy. So we can know the actual cost of producing goods and services by adding subsidies in the cost and by reducing taxes. The value of GDP measured at the actual cost, without taxes or subsidies, is known as GDP at factor cost.Johnny: What could be the pitfalls of measuring GDP by the output method?Jinny: You should not count the value of the same good twice. If you are counting the value of tyres produced separately, then you should deduct this while counting the value of cars that use tyres as inputs.Similarly, while counting the value of services, you should have the data for all the services that are worth something in terms of money. Helping someone cross the road may not be quantifiable in terms of money, even though you may be doing a great service. But, what if the person you help gives you a tip? Will that be counted as part of GDP? How are we going to get the data for all the individuals getting tips for their services?Johnny: Let me think before we meet next week to continue our chat.Shailaja and Manoj K. Singh have important day jobs with an important bank. But Jinny and Johnny have plenty of time for your suggestions and ideas for their weekly chat. You can write to them at realsimple@livemint.com
What has the author Hubert Meurer written?
Hubert Meurer has written: 'Was ist Wirtschaft?' -- subject(s): Economics, Industries
What has the author Hans Kalt written?
Hans Kalt has written: 'Ist die Wirtschaft noch zu steuern?' -- subject(s): International economic relations, Economic history
What has the author Ulrike Reisach written?
Ulrike Reisach has written: 'Markt- und Mitarbeiterorientierung von Kreditinstituten' -- subject(s): Bank marketing, Banks and banking, Personnel management 'WAS IST WAS special Wirtschaft'
Translate to English Recht und Wirtschaft der Schule?
Recht und Wirtschaft der Schule = Law and economics of the school
What actors and actresses appeared in Kleine Wirtschaft - 2008?
The cast of Kleine Wirtschaft - 2008 includes: Thomas Goritzki Petra Kalkutschke Christian Lessiak Wieslawa Wesolowska
Wie lautet die Übersetzung für Wirtschaft und Soziales ins englische?
Wirtschaft und Soziales entspricht, sinngemäß, dem englischen Economics and social affairs
How do you say that's brilliant in german?
That's brilliant can be translated as:das ist tolldas ist spitzedas ist brillantdas ist hervorragenddas ist glänzenddas ist großartigdas ist genialdas ist ausgezeichnet
What has the author Gustav Knoth written?
Gustav Knoth has written: 'Strasse und Wirtschaft'
What does Vas ist das mean in German?
Was ist das = what ist that
What has the author Ulrich Marsch written?
Ulrich Marsch has written: 'Zwischen Wissenschaft und Wirtschaft'
What has the author Ernst Hoch written?
Ernst Hoch has written: 'Die Wehrkraft der Wirtschaft'
What actors and actresses appeared in Gegenangriff - Wirtschaft im Fadenkreuz der Kunst - 2011?
The cast of Gegenangriff - Wirtschaft im Fadenkreuz der Kunst - 2011 includes: Tina Barney as herself Fabio Cifariello Ciardi as himself Cesare Pietroiusti as himself
