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Economy Questions and Answers (Q&A)

Robert Hazlewood, Senior Executive
Answered: Aug 27, 2019
Flying on an airplane can be both enjoyable and relaxing or problematic and annoying. It depends on where you sit and who you sit next to. Most people who fly first class or business class,...Read More

2 Answers

C. Block, English Professor
Answered: Aug 28, 2019
There are so many differences between communism and capitalism, which must be clearly understood. Communism and capitalism differ in their approach as regards both political and economic ideology...Read More

2 Answers

C. Reyes
Answered: May 09, 2018
This answer would be all about perspective and hence, opinions of people may vary. So let us answer this question from the perspective of a business with unlimited liability. Firstly, there are...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
There are many challenges facing the global economy. Certain events will put the global economy at risk. Man-made financial events such as increasing interest rates can impact the global economy...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
The reason gas prices you pay at the pump fluctuate so frequently is that the price for gas is dependent on what the retailers pay for the gas. The retailers pay gas companies. Gas companies...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
There are two main reasons why the government cannot just print more money to make everyone rich. The first reason is that there used to be a gold standard, meaning that for every dollar in the...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
A full employment U.S. economy would be nearly impossible to reach. I think we could get within a percent or two, but zero unemployment would be an unrealistic goal. In theory, if every person in...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
An aging and slow growing population can have very negative effects on a country's economy. Japan is a great example of this type of effect. As the population ages, elderly citizens require more...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
There are several reasons for the economic upturn in the United States since 2016. One reason is that the economy has been in an upswing as it is recovering from the recession in 2008. In the 8...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
There are lots of things that could trigger a collapse of the United States economy, but there are also lots of safety nets in place to prevent that from happening. The Federal Reserve's main job...Read More

1 Answer

C. Reyes
Answered: May 09, 2018
The $7.2 billion fraud that was made by Robert Allen Stanford is is considered as the second biggest ponzi scheme ever whereas Madoff’s ponzi scheme is reported to be the biggest ever where...Read More

1 Answer

D. Gray
Answered: May 09, 2018
During the great depression period in Europe, there was a sharp increase in the unemployment rate especially in Poland, Austria, and Germany. The unemployment rate had risen to as much as 20%...Read More

1 Answer

C.Evelyn
Answered: May 06, 2018
Economy of scale is a medium where an organization achieves better result of lower costs with an increase in production and scale of operations. In simpler terms, it is said to be “the...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
There are many different ways investors can invest their money. Some require a high level of risk but have a potential higher payoff. Other investments have a lower risk and a potentially lower...Read More

1 Answer

Patricia Allison
Answered: Mar 13, 2018
Most people attribute the cause of the Great Depression to the stock market crash of 1929. The day the stock market collapsed is known as "Black Tuesday". After the stock market crashed, it led...Read More

1 Answer

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