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2008 Economic Crisis
A sub-category dedicated to the economic crisis that has affected us all
810 Questions
Paper craft is different from Origami in that users usually take paper and glue them together to make different projects. Where as Origami is the folding of paper. Paper craft can be very elaborate such as the making of model cars and trains etc. It is often used by teachers in the lower grades for small children who may make flowers etc.
Why does the government put regulations and other limits on free enterprise?
The government may put regulation on some free enterprise to make sure that people living around that area which contains the business or industry are not harmed and satisfied.For example: If there is a person who wants to make an industry in an area where people live, the government may interfere because the industry may produce pollution which can be toxic for people living there and it may also produce noises. So the government may put regulation and limits about the place where the factory or industry is made.
Hope it would help you!!
Who is the father of progressive education?
John Dewey, an American educational reformer, is known as the father of progressive education. He lived from 1859 to 1952.
Where can one obtain a list of countries having an Islamic economic system?
as far as an Islamic economic system is concerned there is an Islamic economic system in Saudi Arabia where you connot find even a person for zakat.then There is Iran also.An Islamic economic system means means every one's prosperity.
Most likely the Secretary of Treasury.
What determines how much a product is demanded and how can the economy tell.?
the industries and the president controls it and tells the economy
Did the Lehman Brothers fulfill their ethical and social responsibility?
No, they broke the world economy
Why do cities hold such a great potential as engines of economic growth?
cities hold such a grat potential because of job opportunities
Advantages and disadvantages of internal rate of return?
it can give wrong / misleading answers especially where two mutually-exclusive projects are to be appraised
What is the effect of recession on IT?
1. Clients are conservative in their IT spending's
2. Lesser projects
3. Tighter operating margins
4. Cost cutting
etc...
How do you feel about the economic crisis in the US?
The current crisis (circa 2009/2010) is the worst economic crisis of American history, but the same is true for almost every country of the developed World.
Part of the cause may be due to policies of the US government but the same can also be said for other countries.
It possible that the expense of wars in Afghanistan and Iraq have made the crisis a little worse.
because...
Is price mechanism the best way to allocate resources?
Price is the most efficient, fastest way to allocate resources, but it is not always the best. For example, rare resources such as medicines would be available only to the richest members of society and would likely be hoarded or driven to an underground economy.
How may saving influence economic activity?
savings in an economy impact the level of investment in the economy. if the households save more, then this will lead to capital formation in the economy which will boost the economic situation of the nation.
What is three quarters of GDP loss?
It is simply three quarters of negative GDP. It could be a recession plus one quarter. Three quarter of negative GDP growth alone is NOT a depression. A depression really has no official definition, but if it did, it would be longer than three quarters.
4 quarters of GDP loss refers to a Depression. 3 quarters can refer to a country that is on the verge of a depression
Is the gardening plants and flower industry recession proof?
It's one of the most recession-vulnerable industries around. Some people would say it's recession-proof because if things got bad enough people would start growing their own food. True enough, but the majority of that business is in the sale of decorative plants--which are luxury items. Any business that deals primarily in luxuries is going to be hard hit if things get bad enough.
What is a repressive government?
A reppresive government is a government that doesn't respect human rights.
Is rationing used in a free market economy?
Technically no, but the government can intervene in some cases and ration even in a capitalistic market.
A ration of goods that is below the demand will cause shortages and will create massive lines as seen in the 70's with gas and the 30's with bread.
The full question:
During the severe recession of 2008-09 the US government embarked on an aggressive fiscal policy to try and end the downturn. Most of the increase in spending would be financed by borrowing; the government is also cutting taxes for many, but not all, Americans. At the time the policy was formulated many economists were confident that the policy would be effective, while another group was quite convinced that the policy would do little to raise the level of GDP. Discuss under what financing and economic conditions an expansionary fiscal policy could be expected to raise the level of real GDP, and under what conditions the policy would fail. Then state your opinion as to whether or not the US policy will work.
