Readers Questions IV

You are welcome to ask questions on Economics. However, due to volume of questions, I can no longer promise to answer all questions.

I will post the answer on this blog, for everyone to benefit from.

I shall try to answer the economics question and / or point to other resources but please bear in mind.

  1. The replies will be guidance and not for duplication. Your essays should be your own work.
  2. My speciality is economics for British A Level standard. My university economics is rusty in parts, because generally I don’t use it in teaching A level economics.
  3. I can’t guarantee to always give full answers it also depends on my time schedule.
  4. I will answer as a new post. Check home page of blog for new post. With question and answers
  5. Generally, I don’t answer questions, which involve mathematical calculations, they tend to be doing someone’s homework. however, I may give examples, of calculations, if I think it helps explain economics principles.

I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.

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276 thoughts on “Readers Questions IV”

  1. HI I want ask some question.

    Q-Is there a conflict of objectives between government attempts to reduce both inflation and unemployment at the same time? How might this conflict be resolved?

  2. pls help me with these 2 questions. i only need points. so that i can explain it further.

    1) What should China do to raise the value of its Exchange rate?

    2)To what extent has raising interest rates reduce inflation in china? why did china solely rely on the monetary policy rather than other options such as the fiscal policy?

  3. why are measures to increase spending in a recession generally considered a good response and why extra spending is less inflationary in this situation.

  4. suppose that the economy of japan is initially in a recession. as the result of a collapse in a real-estate bubble. Draw a Keynesian cross diagram for japan.

  5. The price drops by 1 percent, causing the quantity demanded to rise by 2 percent. Demand is therefore elastic, with Ed>1. If you change 2 to .5 in the first sentence what two other changes will be required in the quotation?

  6. Hey could u pls help me these questions. I will appreciate your answer..pls help me…..i have no idea. Thx very much ^^

    1) Explain the factors that influence individuals to explore the opportunity of self-employment.

    2) Describe the possible impacts of self-employment on the economic growth and economic structure.

  7. Hi,
    I would like to know why in the USA we have minimum wage law but not a maximum wage law? What are the advantages and disadvantages of a maximum wage law?

  8. Is it fair that the former CEO of the bankrupt Lehman Brothers, Richard Fuld received US$484 million in salary?

  9. What standards should be used to establish a fair wage? Are the standards for executives different from those for hourly workers?

  10. What factors determine what someone deserves for pay? How you do account for cultural differences?

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