Skip to main content

Home/ Economics HL - Jacob Solomon's group - Year 1/ Group items tagged state

Rss Feed Group items tagged

Monique T

Greek yogurt on a marathon-like growth spurt | Lake County News-Sun - 1 views

  •  
    This article describes the recent growth in a number of firms producing Greek Yogurt in the United States. As a result of this growth, the firms are experiencing economies of scale and they are all expanding their factories to increase their output. As the article states: "The Chobani plant today bustles with 14 production lines mechanically squirting yogurt into plastic cups that zip down conveyor belts." - this shows a technological improvement that is an economy of scale: due to the increase in size in the firm, it can employ more efficient, lower cost methods of production.
Katie Edwards

The Durango Herald | Despite campaign talk, free markets no longer exist - 1 views

  •  
    I thought this article about the state of the US economy was particularly interesting. The statistics of ratio large firm to small firms (3-1, small) is increasing. The article also states, "The market rewards and punishes with little regard to whom or what or how it impacts. Generally, it is large firms that enjoy these little gems of taxpayer munificence. They have become "too-big-to-fail."
Monique T

A Gold Rush of Subsidies in the Search for Clean Energy | NYTimes.com - 0 views

  •  
    This article describes the vast amounts of subsidies that are available to companies providing renewable energy sources in the United States. The government decided to provide subsidies for these projects because it felt that they were necessary for the environmental health of the country, however some people believe that the government provided too much unnecessary money in this situation.
Katie Edwards

Industry protests power tariff hike - Indian Express - 1 views

  •  
    Many industrial associations in India are displeased with an increase in the power tariff, because "It would not only prevent new industries from coming to the state but may also lead to closure of the existing ones." Power is a service high in demand among large industries, and making it more expensive to use external producers will harm businesses and firms in India.
Monique T

European joblessness: Armies of the unemployed | The Economist - 3 views

  •  
    This article discusses the problems of unemployment around the world - while unemployment is leveling off in the United States, it continues to increase in the Euro Zone, which is suffering from economic problems.
Nadiya Safonova

Very Bumpy Public Good - 1 views

  •  
    This article discusses the issue in the state of California of poor road quality. It is causing citizens to pay extra money each year for car repairs...the money for car repairs in California exceeds every other state. So this article shows an example of poor quality public goods. Like I mentioned in my comment in the class discussion, government intervention eliminates competition, which can lead to a poor quality product...well this is an example of poor quality public good. No toll highway or road would ever be poor quality and have holes and bumps.
Adam C

Facing declining revenues, state looks to online gambling - Stamford News - The Stamfor... - 0 views

  •  
    This article discusses the declining revenues of Connecticut's Gaming industry. As the demand decreases, the revenue begins to drop. The state is looking at new ways to gain revenue, including through online gaming, which a few provinces in Canada have already done successfully.
Katie Edwards

White House Sidelines Christmas Tree 'Tax' | Fox News - 0 views

  •  
    A tad early, but Christmas music will be coming on the radio next week! At least here in DC.. The article outlines a government plan to make a little extra revenue, and how that plan was so fiercely opposed. The tax would be imposed on the producers, given that they produce more than 500 trees a year, and in turn the producers would probably have to increase their prices. Since it is a specific tax with a fixed amount of $0.15 (not dependent on the price of the trees) it will shift the supply curve up. Even though the article states that the program "wouldn't have any impact on the final price consumers pay for their Christmas tree" - there would be an inevitable small impact at least in one retail area of the trees. Since there are so many consumers that will want Christmas trees, a tax would bring in a fair amount of money, as there are no substitutes for Christmas trees.
Hannah S

Capitalism confined - 1 views

  •  
    This article is about how in China the state always has control of the market and doesn't allow things like monopolies and ologopolies to exist that often and that they are always the ones who decide what happens in the end even if it seems as though the consumers are the ones that are making the decision.
Olachi Nwabuikwu

BBC News - Somalia famine: UN warns of 750,000 deaths - 2 views

  • "In total, 4 million people are in crisis in Somalia, with 750,000 people at risk of death in the coming four months in the absence of adequate response,"
  • 'Not short-term'
  • "Even if we are able to get food and supplies to the main ports of Somalia, I think there is a real challenge in being able to deliver that assistance - what I call the 'last-mile' problem.
  •  
    Now for Somalian citizens who are faced with a compulsory pattern of living with famine, scarcity can be thought as not invited but already a citizen, despite the environmental constraints of hydro climatically-induced water scarcity and the considerable fluctuations which characterize the natural freshwater supply supposed to exist; a water-stress routine is now an impact on the responsibility of improved water supply for self-sufficient crop production (resulting in lack of food and crop production) as well as the number of these Somalian individuals desperately depending on any flow unit of water available to them from the water cycle. Sadly as stated it is not of a short term crisis but if seen in a medium-term-perspective, water may not be readily available to support improved life quality for this growing African population, so the economy therefore is faced with a great deal of scarcity without knowing what to do about it.
Katie Edwards

Social Security alternatives - The Fact Checker - The Washington Post - 0 views

  •  
    This article talks about the ongoing Social Security debate happening in the U.S. federal government. Some state governments, such as Texas, form their own version of Social Security which has been confusing to the original plan. The trade-off illustrated here is "more you contribute, the more your savings will be." By contributing more money now, you will eventually make more money. However, many people don't want to give up lots of money now!
Sebastian van Winkel

U.S. sets new tariffs on Chinese solar imports - 1 views

  •  
    The United States hit Chinese solar companies with punitive import tariffs of 30 percent or more, ruling they had dumped cut-price solar panels into the U.S. market. Several of the Chinese companies and a solar trade group opposed to the tariffs denounced the duties, and said they would drive up costs for the clean energy source, stunting its fast growth.
Mirren M

India doesn\'t yet face balance of payments crisis - 0 views

  •  
    The article talks about how India's switch of economic policy led to a recovery and is now in rapid economic growth. "Even if capital flows were to reduce to zero as they did in 2008, following the collapse of Leman Brothers, reserves would drop by only $40 billion over twelve months, still leaving a healthy $250 billion or so of cover." The article ends with advice on how India can further strengthen their current state by increasing foreign investments.
Sebastian van Winkel

Factbox: Obama, Romney spar on China, other trade issues - 2 views

  •  
    The article addresses the trade between the United States and China. The trade between these two countries has swollen to a record $295 billion in 2011. Though, the trade doesn't seem as nice as it actually is, and Obama has filed 8 cases against China at the WTO since 2009. On the other hand there is Romney, who says that Obama hasn't been aggressive enough, so if he gets elected it seems that a lot is going to change.
Sebastian van Winkel

Government to speed up sale of stakes in state firms: Manmohan Singh - 0 views

  •  
    Slowing exports and foreign investment have widened the current account deficit. Global ratings agencies have repeatedly warned India that it faces a credit downgrade if it does not tackle a high debt burden and the fiscal deficit, which is the largest among major emerging economies.
Mirren M

NZ-Russia free trade deal remains elusive - 0 views

  •  
    Russia and its partners (Belarus and Kazakhstan) are looking to seal a free trade deal with New Zealand. However, the articles talks about external issues to consider that will affect or be affected by the deal. The main concern of both parties is the current negative state of the global economy and how they intend to overcome this by trade. " "The priority goal is to fight protectionism together in all its forms; traditional and new alike ... It is important to build bridges, not walls," he said. "
Monique T

U.S. Federal Reserve's full statement on rate decision | Financial Post - 1 views

  • the unemployment rate has declined
  • Inflation has picked up somewhat
  •  
    This article describes a decision by the US Federal reserve regarding inflation rates. The article points out that the unemployment rate has declined and inflation has increase, showing the trade-off. They hope, by monetary policy, however, to attempt to both reduce unemployment and achieve a stable rate of inflation.
Lola Z

India needs a dose of supply-side economics - Economy and Politics - livemint.com - 0 views

  •  
    India's booming GDP has been making it become a leading pioneer in economic development. However, while the demand side is soaring, the supply side is lagged behind. The production capacity is not enough to catch up with the expand in demand. However, while the trend could not slow down, India can neither create enough jobs nor fund an ambitious welfare state without faster economic growth.
Monique T

Outlook for U.S. Consumer Spending Brightens on Employment Gains | Bloomberg Businessweek - 1 views

  •  
    The aggregate demand in an economy is made up of the total spending on goods and services in a country, and one of the components of aggregate demand is consumption (consumer spending). This article outlines some reasons as to why consumer spending - consumption - is expected to increase in the US in the coming months.
Nadiya Safonova

U.S. recession threat weakens | Financial Post - 0 views

  •  
    This article discusses the declining threat of further economic downturn for the United States...a recession is one of the things that can be considered when looking at a macroeconomic level...
1 - 20 of 30 Next ›
Showing 20 items per page