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2008 Economic Crisis

A sub-category dedicated to the economic crisis that has affected us all

810 Questions

How is the economic crisis a threat?

The businesses don't have enough money for employees so they have to let them go.Also the crapheads in the government are charging us higher taxes which with no job to pay for these taxes you go bankrupt and you lose your house and become a hobo.

What is Q3 2011?

Q1= means =jan to march

Q2= means =apr to jun

Q3= means =july to sep

and

Q4 = means = i think u got that=oct to dec

What is GDP for the last ten years for the US?

The GDP, or Gross Domestic Product, for the last ten years in the United States took a plunge from a steady rate in 2008. During the third quarter in 2008, the overall GDP went from 14,395 to 14,081 and continued to decrease over the next four quarters.

Where do you find historical data for the Lehman Brothers Aggregate Bond index?

https://live.lehman.com/UAM/ct_logon?CT_ORIG_URL=%2FLL%2Fdispatcher%3Ffrom%3Dct_logon&ct_orig_uri=%2FLL%2Fdispatcher%3Ffrom%3Dct_logon Just need a log in code.......

How does large Government spending help the economy?

Government spending increases aggregate demand by giving money to individuals and business to hopefully spend.

Wal-mart vision statement?

Wal-Mart does not have an actual vision statement. Their mission statement focuses on saving their customers money. They aim to do this by respecting their customers and helping them when necessary.

How do exchange rate affect businesses?

The local economy will be higher raising on inflation and the value of currency of the price will be in intrest rate as decreasing.

What is the real origin of the American financial crisis?

American Debt They have been spending money that doest exist. they have now spent so much that the collateral they put up wont cover the debt. and in order to keep spending, even modestly, they have to loan more money, the lender knowing they are unable to repay are nervous about lending the money. as a result the organizations that provide work cant get the finance they need to continue and end up having to put people of. This has a snowballing effect. For instance America has been buying cheep goods from China for years with American money. and china has been lending it back to them and making interest on the deal. If the US dollar losses value then the Chinese will have to ask for higher interest in order to recoup for Chinese imports into the US. The tentacles go every where. For every dollar the US owns They are about 200 dollars in debt.The price of self regulation, human greed and corruption.

What does global recession means?

A global Recession refers to a situation where the GDP of a many nations has been on a down trend (Decline) for two consecutive quarters (at least 6 months)

If the decline in GDP continues for a further 2 quarters the economy can be said to be in a state of Depression.

Is printing money a solution for the crisis?

Not really, because then the money becomes worthless. For example, when Russia was struck by economic crisis after WW 1, it was actually more cost effective to burn their money than to pay for wood.

What are there examples of horizontal combination?

aquisition of banks...

for example..PICIC acquired Gulf Commercial bank in 2001.

Why did the global financial crisis happen?

A main factor for the global financial crisis has to do with mortgages that were packaged to people who were at risk of defaulting on their payments. Many lenders made mortgage packages that looked achievable for average people.

What are the two parts of the total return?

Dividend yield (return gained on dividend) and capital gains yield (return gained on stock price).

Where can you find the Obama stimulus package?

You can go to this government website. http://www.rules.house.gov/111/LegText/111_hr1_text.pdf

Draw a demand curve illustrating price inelastic demand and explain how the curve relates to the definition of price elasticity of demand?

A perfectly inelastic demand curve will be completely horizontal and means that consumers would any price for a particular good, which is almost impossible. The closer to being horizontal a demand curve is, the more inelastic the demand.

Who were some of the companies that Lehman Brothers financed at the turn of the last century 1900s?

Sears, Roebuck & Company, F.W. Woolworth Company, May Department Stores Company, Gimbel Brothers, Inc. and R.H. Macy & Company.

What is the definition of perfect knowledge in economics?

In economics, perfect knowledge describes the state in which a consumer has all possible information in order to make a decision. This situation is ideal, not usual.