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. An advantage of publi works over transfer pameets as a means of reducing unemployment? An disadvantage ofusing public works to reduce unemployment?

  2. Dear Sir,

    can you please help me answer the question ‘how has the international off shoring of production affected the the countries receiving this investment?

    Thank you

  3. Increasing raw material costs cause the price of a good to rise. Explain the effect of this price rise for the good on the markets for its substitute and complementary goods.[8]

  4. Is it more profitable for smaller coutries to open up for free trade than more populous countries

  5. What are your predictions for us/canadian dollar currency. Do you think they will reach par in 2009 ?

  6. A man decides to deposit 8 million pennies. With a reserve requirement of 20 percent, how did his deposit change the lending capacity of his bank?

  7. Could you please assist with answering this question: arguments for and against leaving pension provision to the free market. When assisting with the question please write as you are writing to a non economist, with less economic terms.

  8. Priority Mail has been one of the most profitable products for the U.S. Postal Service, growing six times faster than first-class deliveries over the period from 1995 to 1999 and accounting for almost 8 percent of the Postal Service’s mail revenue. Because the Postal Service lost $480 million in the fiscal year ending September 30, 2000, it adopted the strategy of raising Priority mail rates by 16 percent to help offset this loss. Bear Creek Corporation planned to ship 15 to 20 percent fewer priority mail packages in response to the rate increase.
    If this corporation’s response is typical for Priority Mail customers, will the Postal Service meet its goal of reducing its deficit with this policy?

  9. (1) How monetary policy and fiscal policy have been used by the Government to try to achieve its objectives.
    (2) Why Government often fails to achieve its main objectives of high economic growth, price stability, and a surplus on the balance of payments.

  10. 1) why do cafes charge extra service tax when they reamin open on public holidays?

    2) why do supermarkets sometimes give free gift on purchase of certain products?

    3) How do fashion retailer make profit when they offer high discounts during sales?

    4) why are generic drugs cheaper than brand names?

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