myLot / @iammartinocier / Responses

socballais @socballais (71) • Philippines 13 Sep 12

Since the advent of human history, war and conflict follows its shadows. World war I and II were thought to be the end of all wars but the world gave us the Korean War, Vietnam War, Gulf War I and II, and currently a brewing...

conflict

human history

war

10 responses •

1 person

iammartinocier In my own opinion we can end this war if we know how to respect each country. Every country has its own belief, culture, tradition, religion, norms, ethics and most especially territory. Wars as we can observe is brought about by expansion of territory and the...

1 Oct 12

socballais @socballais (71) • Philippines 25 Sep 12

How do changes in the amount of money in the economy affect output, growth, unemployment and inflation?

employment

inflation

money

49 responses

iammartinocier One reason why output, growth, unemployment, and inflation improve or decline is the amount of money in the economy. When the country is producing much number of money, the output of production is very low due to large number of money is needed for the raw...

1 Oct 12

dpk262006 @dpk262006 (58678) • Delhi, India 18 Sep 12

Hi all! I am here on mylot for many years. Over the years I've come across many mylotters who vowed or claimed that they love this site and would continue to be here forever or as long as...

34 responses •

6 people

iammartinocier The purpose of this site primarily is educational and awareness at the same time. Through this site you will learn new things and discover great and new possibilities for you to choose from. And I will say that i will stay here as long as i know this could...

19 Sep 12

socballais @socballais (71) • Philippines 17 Sep 12

A Philippine Senator used a blog site of an American blogger, used it in his speech at the Senate without citing the original author and claimed the speech as his own. When discovered by media, he justified that he only quoted the...

blogger

copy

plagiarism

10 responses •

3 people

iammartinocier In my opinion, the senator was wrong for using the work of others and claiming it as if it were his. I think that in his speech he should have mentioned the name of the person where he got his idea because the owner of that work will be violated. That is why...

19 Sep 12

socballais @socballais (71) • Philippines 12 Sep 12

Countries around the world benchmark their economic performance by the amount of the Gross National Product (GNP) that they attained. The higher the GNP, the higher is the economic growth. Is economic growth equated with economic...

59 responses

iammartinocier In my own point of view, economic growth is equated with economic development in some reason. When there is an economic development there is always a growth that corresponds to that development. But it doesn't mean that when there is a growth there would be a...

19 Sep 12

socballais @socballais (71) • Philippines 12 Sep 12

Countries around the world benchmark their economic performance by the amount of the Gross National Product (GNP) that they attained. The higher the GNP, the higher is the economic growth. Is economic growth equated with economic...

59 responses

iammartinocier For me it is, when there is growth there is always a development. There wouldn't be a development if there isn't an economic growth. I would definitely prefer economic growth rather than economic development because development comes right after there is an...

15 Sep 12

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

macroeconomics

microeconomics

prerequisite

60 responses

iammartinocier In my own opinion, we can't venture into macroeconomics if we hadn't studied microeconomics yet. My reason is that we cannot understand the concept behind macroeconomics without knowing first the concept of microeconomics. Microeconomics studies about the...

15 Sep 12

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

iammartinocier In my own opinion, we can't venture into macroeconomics if we hadn't studied microeconomics yet. My reason is that we cannot understand the concept behind macroeconomics without knowing first the concept of microeconomics. Microeconomics studies about the...

15 Sep 12

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