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Sebastian a

Money scarcity - 0 views

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    I chose the article because it was talking about how Syria was giving a $25-million reward for the capture of the president. I thought it related to scarcity because, now a days, money is very important for a person to sustain life, and if they wanted to capture the president the best way was giving a lot of money so people would do it as fast as possible. If people have an opportunity to get a lot of money, they will take it. Money is a limited resource; it is scarce and it will always be. If the government decided to print more money, then every time we would have more money to spend and everything would be more expensive.
Sebastian a

price control on energy rejected by ex president Bush. - 0 views

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    the article is talking about how ex-president Bush decided not to control the price of energy, although the white house wanted to control energy prices.
Stephen b

Coke or Pepsi? Politicians Say Choices Like These Reveal How You Vote - 0 views

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    This bring cross elasticity to a whole new level. Now that the elections in the US are done, it's sometimes hard to remember just how crazy campaigning can get. Candidates will grab at whatever statistics or new bits of knowledge that tell them how they're doing in the polls and or what they need to do to get ahead. This year, one of their focuses is...what kind of soda we drink? That's right, because cross elasticity is all about how two product correlate and the correlation between the president elect and your favorite soda has only like, what, 20, 30 degrees of separation? And you'd be surprised just how many other details of your life they'll look at to see where their target audience is. And these guys aren't the only ones trying to get an edge from such seemingly irrelevant information...
Annabelle b

Bush says he won't impose price controls on energy - 0 views

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    This article discusses how The White House wanted to make its policy on price controls clear to Republicans in Congress, some of whom have been agitating for price controls. The president told Republican House deputy whips last week he would oppose all price controls, but the White House wanted to hit the message even harder.
David s

Unemployment in France hits 14-year high - 1 views

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    France was one of the last European countries to really feel the effects of the global recession, but now unemployment is increasing. The labor rules in France apparently make it difficult to fire workers, but the French president and worker's unions are working together to draft new legislation that can assist the firms in France by giving them more flexibility.
Nikolai n

Inflation of 89.7 sextillion per cent! - 2 views

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    This article talks about ZImbabwe, and the hyperinflation they are experiencing at the moment. The inflation has gone so far that the government currently is owner of an amount of Zimbabwe's currency equal to 217 dollars. The economy in Zimbabwe hit rock bottom around a decade ago, after longtime President Robert Mugabe seized white-owned farms, which prompted international sanctions, damaged investor confidence, damaged tourism, and caused other economic problems.
Nikolai n

Obama and his cuts - 0 views

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    This article debates the spending of President Obama, and whether it should be cut or not. As of now, there is a $85 million cut being made, and there is debates going on about whether these cuts should be more significant.
Roman p

HDI indicators of tribal communities remain poor despite welfare initiatives: President... - 0 views

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    This article is about the fact that, despite the best efforts of the Indian governments with welfare initiatives, the tribal communities throughout india are still struggling to develop. The HDI indicators within these communities are still poor.
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    The article talks about the living conditions of Indian people in rural areas. Their living conditions have not improved yet and there is a lot of work to do for the government.
David s

Ukraine's Yanukovich vetoes EU push to save trade deal - 0 views

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    This article discusses how the Ukrainian president vetoed a trade deal with the European Union. This trade deal was an opportunity for trade creation in the EU, because the EU bloc would have been expanded. The EU claims that the trade deal would have boosted the Ukrainian economy by 6%.
Stephen b

AIIS says that protection from imports is not the solution for US - 0 views

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    The article discusses how, in the past, the US government's response to foreign imports competing with the domestic steel industry has been to create trade barriers. However, as David Phelps, president of American Institute for International Steel, explains in the article, this practice takes away from the competition that should exist within a market, such as when two domestic steel industries are competing. On the other hand, what differentiates domestic competition and international competition is that US will lose output if it can't support its domestic industries.
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