Economics. How Would An Innovation Like Credit Card Affect An Economy That Operates Under A Flexible Exchange Rate?

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Economics : How Would An Innovation Like Credit Card Affect An Economy That Operates Under A Flexible Exchange Rate

An economy operates under a flexible exchange rate. The government budget and trade account are currently balanced. Credit cards, a fairly recent innovation in the banking sector, allow consumers to mak epurchases without holding cash. How would this innovation will affect equilibrium GDP, consumption spending, the budget balance and the exchange rate. How would the impact differ under a fixed exchange rate. ~~~ Aruna ~~~

Economics : How Do You Feel About The Ever Growing Population

So with the world population growing at such a spectacular rate, how do you feel about it? Ive heard predictions that theres going to be over 12 billion people by 2012. Id like to hear your opinion on it. If you are against it why? Why arent you? Thanks. ~~~ Forever Outsider ~~~

Economics : What Will Happen To Canadian Exchange Rate Under The Following Two Situations

The governor of the Bank of Canada announces that he will reduce inflation with a new anti-inflation program. If the public believes him, predict what will happen to the Canadian exchange rate. AND If expected inflation drops in Europe so that interest rates falls there, predict what will happen to the Canadian exchange rate. ~~~ chikukv ~~~

Economics : What Are Some Reasons For Why Immigrant Is Or Isnt A Solution To Recession

Solution to the recession is IMMIGRATION. Give me some reasons to why this is true or false. ~~~ I haz a question! ~~~

Economics : What Other Factors Can Be On The Comparison Of Economics Chart

I need to come up with some other factors, besides What to Produce, How to Produce and For whom to produce for the three types of economics, Pure Traditional, Pure Command and Pure Market. Any ideas? ~~~ messagemachine ~~~