Warning About Economics Questions
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firqby
December 20, 2008 06:27 AM
This is mostly the correct answer. In 1884 one of the worst blizzards in history killed a majority of the cattle. Prior to this incident the cattle barons never recognized loss of a cattle so the net book value of their cattle was grossly over inflated. So the blizzard became the excuse to fix the problem.
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December 19, 2008 09:40 PM
The bigger they are, the more you'll pay...?
Not sure we're on the right track... is this a riddle? Or something else?
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Not sure we're on the right track... is this a riddle? Or something else?
December 19, 2008 11:23 PM
Come on. The question as stated it so ambiguous it is meaningless. Are we talking about the book value of an entity? ( This is in the Money queue. ) Or are we talking about the value of a book? If the latter, what kind of book? The Gutenberg Bible or a Kindle download that you can't transfer?
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