jonathan d asked:
I’m confused as i live in uk and it says we have 5th large economy and yet our gdp is like 11th or lwoer so what’s teh difference and what really matters?
mr. toothpick asked:
I know the drop in our economy DOES impact other countries. For instance, if our economy drops we stop importing as many things from other countries as well as investing in many of the global markets.
But, other than these impacts, how does the US affect other countries? And on what scale?
No, this is not for school. Merely a question by a curious college student.
Kyle M asked:
I’ve always heard that a certain amount of unemployment is necessary for a stable economy. Why? If everyone was employed we’d all have money to spend, social services would not be needed thus lowering our taxes, and companies would have a steady stream of business thus not laying off extra staff. Also due to competition prices would most likely go down and the value of the dollar would go up. So why is it necessary to have unemployed people?
redsandman4 asked:
I read the article on Yahoo that said some 25billion dollars of american money is sent back to mexico every year from migrant workers. What type of impact does this cause to our own economy? How much does this play into our recession?
FrozenFlowers asked:
What do you think about the current situation with the economy and why?
abdiver12 asked:
Is the economy really as bad as people say it is? If so, how has it affected you or people you know? Has it made a major impact on the way you live your life?
SadWoman asked:
I have heard from several individuals that it is only a matter of time before the economy tanks and that we are about to enter a economic depression. I am a college student and really want to start investing some of my cash in either precious metals and stocks… is now a good time to do it? Do you think the economy will tank in the foreseeable future?