A reader left a comment on a post saying the plural of Euro is Euro. I was surprised to see this because according to the rules of English it should be Euros. On researching the issue I found, that the European Commission did adopt Euro as the the plural of Euro. However, rather bizarrely the …
The economic performance of a UK Construction PLC will be affected by many factors, including the role of government, exchange rates and inflation. Discuss The construction industry tends to be a quite volatile sector of the economy. Investment spending in construction has a strong correlation to the rate of economic growth and future prospects. When …
Readers Question: Why is US in Recession? According to the latest statistics provided by the Economist April 24th 2008 US economic growth is 2.4% year on year. In the last quarter, growth is 0.6%. This is still a long way off the technical definition of a recession – negative economic growth for two consecutive quarters. …
Readers Question: “the only viable solution to the problem of global warming is an international agreement that sets a ceiling to the world’s production of carbon emissions, by allocating a quota to each country. The sum of the quotas being set equal to the agreed global maximum. countries should then be permitted to buy and …
The impact of government borrowing on industry. Generally, government borrowing of over 3% of GDP and National Debt of over 60% of GDP is considered to be harmful and if government debt is too high it might start to deter foreign investment. Budget balance This is the amount the government need to borrow from the …
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 …
Readers Question. Explain the benefits of increasing the rate of unemployment benefit for 1. the unemployed, 2. society. Identify and costs that may result from such a policy. Benefits of increasing unemployment benefits Provides more income, reducing relative poverty and improving living standards. Gives them support in finding the best job. If benefits are low, …
Readers Question: Can you please differentiate between the causes of once-off inflation and sustained inflation? A temporary period of inflation, also called one-off inflation, may be caused by: Temporary inflation in 2008 and 2011. Rising in tax rates. Suppose the chancellor announces a 10% rise in fuel duty. This means prices will rise. But, next …