You are welcome to ask any questions on Economics. Though you might also like to try google custom search (top right) to see if the topic has been covered before.
I am looking to explain economic principles / ideas/ recent developments in economics. I can’t promise to answer, but will try if it meets the criteria below.
- Please don’t ask me to do your coursework / assignment e.t.c. (I can usually tell if it is a homework question!)
- Please don’t ask any maths calculations.
- The question and answer will be published here where everyone can see it (including your teacher!)
- I aim to try and simplify economics; as a rough guide I would aim at an understanding similar to a good British A Level student.
- I am looking to explain economic principles / ideas/ recent developments in economics.
- I will answer as a new post, if you leave email address, I’ll usually send quick email. Check home page of blog for new post. With question and answers
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About The Author
According to the July 2015 UK Budget, the Government’s proposed total Government spending of £742 billion. At what rate would a corporate sales tax (as proposed by Lord Lawson today) cover all other sources of Government income?
Yes, I do mean NO other centrally collected taxes.
Hi there, today BoJ had cut its interest rate to -0.1%. I read various article on this topic, however, one line that I read did not made sense to me. It was:
“Some board members of BoJ are reported to have voiced concern that slumping Tokyo stocks could threaten attempts to get firms to boost capital expenditure.”
My question is how could a declining stock market could trigger capital expenditure by firms? What is the relation between both of them?
Anxiously waiting for a prompt reply :)
Bye.
I think you misread- slumping stocks ‘threaten’ attempts to boost capital expenditure.
Fall in share prices may deter investment because companies are worth less and harder to raise share capital for investment.
Hi,
I have a question. How come when you have two individual theories that are proven right but contradict, no new theory is made. This is macro-political-economics or whatever you want to call it. 1. Theory, it is of course true that if taxes on the Rich are lowered, they have more money, and they incest more more-job creation and so on.. 2. Theory, when the middle and lower class do not have money they do not spend money, and if they have they do spend of course, leading to job creation and so on. It should seem very clear that these two are Theories that pulled to the extreme is oligicarchy or communism. Where is the theory os the optimal middle way. economic policy should in this theory not be left or right, but to adjust policies to reach the optimal middle, right?
I was told by way of example that if a country (e.g. France) wants to purchase goods (e.g. gold) from another country (e.g. South Africa), in this example they must use the Rand, and lacking enough Rand they must make up the difference in US currency. Is there any truth to this? Is this an example of the Bretton Woods system?
Can you please differentiate between an isoquant and a production curve
According to the World Fact Book published by the CIA in the US the UK External Debt is $9.547 Trillion (31 December 2013 est.).
Their definition of External Debt is ‘This entry gives the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms’.
How does this tie in to your definition?
If it is what we owe other countries why are there only 7 (extremely small) countries which DON’T appear to have an External Deb?
Thanks,
Andy