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Category Archives: Economics
How would the nation be affected if your credit limts were reduced?
Ted asked: According to the article linked to below, one analyst thinks that the credit industry is poised to reduce the liquidity of the American consumer by 2 trillion dollars through credit line reductions. Has this happened to you? Would … Continue reading
Posted in Economics
Tagged Bs, Change Your Life, Finance Research, Liquidity, News Yahoo, Oppenheimer, Trillion, Yahoo
3 Comments
Why is there a depression in the econommy and why?
Edward88 asked: Why is there a depression in the economy? What causes it? I know the very basics. That businesses are doing poorly, thus, there is less money for consumers to spend so that the cycle continues. The money must … Continue reading
Posted in Economics
Tagged Banks, Consumers, Current, Depression Causes, Economy, Finance Institutions, Money
1 Comment
Economics – Public Finance?
2shar asked: Demand curve for cigarettes is given by Qd = 2000 – 200P Supply curve for cigarettes is given by Qs = 200P , where P is the price per pack. The government now imposes a tax of $2 … Continue reading
Posted in Economics
Tagged Cigarettes, Consumers, Demand Curve, Economics, Producers, Public Finance, Supply Curve
1 Comment