Economics: Principles, Problems, and Policies Questions and Answers

Economics: Principles, Problems, and Policies

The Economist’s so-called “Big Mac Index” is a tool, and nothing more. Like all tools, it has its uses when applied under specified circumstances, and is considerably less useful when applied...

Latest answer posted July 23, 2014 11:14 pm UTC

1 educator answer

Economics: Principles, Problems, and Policies

Monetary policy is set by the Board of Governors of the Federal Reserve Bank, which is a quasi-public bank. Monetary policy depends on the M1, M2, and M3 supply of money measurements, which measure...

Latest answer posted June 9, 2010 5:07 pm UTC

3 educator answers

Economics: Principles, Problems, and Policies

I do not agree with your point of view. At the very least, I do not agree with your reasoning here. Your reasoning is that the football players do not deserve to be compensated (other than...

Latest answer posted January 29, 2014 4:12 am UTC

1 educator answer

Economics: Principles, Problems, and Policies

This question seems a little dated, since the auto bailout in the States occurred over a year ago, but in regards to American auto companies being in financial trouble versus foreign ones, it's not...

Latest answer posted August 2, 2010 2:07 pm UTC

1 educator answer

Economics: Principles, Problems, and Policies

Social security is a federal program providing income-security that originated in 1935 under President Roosevelt's New Deal; at the time, it was designed to serve as a safety net for financial...

Latest answer posted June 27, 2016 3:59 am UTC

1 educator answer

Economics: Principles, Problems, and Policies

Your question really asks a series of questions, each of which can be answered differently. My academic response to this article is much different from my opinion or my “independent observation.”...

Latest answer posted January 27, 2014 6:13 am UTC

1 educator answer