Friday, April 13, 2012

RS The Interview Project

This blog post shows the answers based off of an interview done by myself on a myself which I am 20, a 52 year old, and a 73 year old.  Myself and the 73 year old are males, the 52 was a female.






The government should regulate the economy?

20 year old: agree

52 year old: disagree

73 year old: agree

Politics have a major influence in the economy?

20: disagree

52: agree

73: disagree

Everyone should take an economics class in high school?

20: disagree

52: disagree

73: disagree

Banks should be government owned?

20: agree

52: agree

73: disagree

The government bailouts worked?

20: disagree

52: agree

73: neutral

Local government should have more control?

20: disagree

52: agree

73: disagree

We should Invade Iran?

20: disagree

52: disagree

73: agree

In 6 months the economy will be better than today?

20: agree

52: agree

73: disagree

I am well informed about economic news?

20: disagree

52: agree

73: disagree

The recession personally affected me?

20: disagree

52: agree

73: agree

In your lifetime, what city that you are familiar with has changed the most (both positive and negative)?

20: West Haven, CT (both)

52: New York City, NY (positively)

73:  Fort Lauderdale, FL (positively)

In your opinion, what president had the biggest positive impact on the economy? Why?

20: Clinton/ peaceful economy

52: Regan/ reformed the tax code

73: Carter/ Nobel Piece Prize

What is your first memory of a major economic event impacting your life?

20: 9/11

52: Vietnam War

73: WWII

How do you get economic news? How has this changed over your life?

20: Local News/ newspaper

52: CNN/ newspaper

73: ABC/ newspaper

What is your definition of economics (when you hear the word economy or economics what do you think about)?

20: The study of choices

52: Money fluctuating

73: About the value of your Money

How do you deal will rising prices e.g. substitute cheaper brand, stop buying? Any examples?

20: Shop Online/Ex. Amazon & Ebay

52: Buy US made products /Ex. U.S. made clothes

73: Stop buying groceries/Ex. Go out to eat every night

What product or service has most changed over your lifetime?

20: Internet/Video Games

52: Laundromat

73: Phones

How do you handle saving and how has this changed?

20: I used to always save it in my room/now I save it in the bank

52: I used to have one bank account/now I save in different ones

73: Keep it in my house/now his daughter handles his money in the bank

What product or service has had the biggest price change in your life?

20: Gas

52: Cell phones

73: Gas

What age were you when you got your first credit card?

20: 18 years old

52: 23 years old

73: N/A

How much does the stock market affect your life?

20: N/A

52: The stock market helped her and didnt help her

73: N/A

What was your wage at your first job?

20: $7.65/ hour

52: $6.25/ hour

73: N/A




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