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A trendy investment instrument is what is called an 'equity-indexed-annuity' or EIA. This investment guarantees you a minimum rate of return in the stock market while ensuring you against any losses. EIAs are typically described as offering "the upside without the downside." But in exchange for limiting your losses, EIAs also slap a ceiling over your gains. Explain the behavioral biases at work in this example for why this investment option may be so popular.
Other things equal, what effects would each of the following have on aggregate demand or aggregate supply? In each case use a diagram to show the expected effects of the equilibrium price level and the level of real output.
[1] In your own words explain to me what are the four perspectives on globalization and how they differ. [2] Sustainable development depends on the nurturing and strengthening the five key ‘capitals’ What are they and how do they differ from one anot..
Assume that New York City’s economy has made a comeback. That and other trends have resulted in more rich people and more extremely rich people in New York City (NYC). What has the booming economy done to the market for renting apartments in NYC?
Discuss your experience with measurements in your organization or business? Do you find some to be more or less useful than others? Do you know what the measurements are really used for? Do you wonder if any are actually useless?
When output is at its potential:
Assume an increase in England’s economic growth. Holding everything else constant, we can expect:
If your business exports its products OR if imports factors of production...whether recent trends in exchange rates are likely to be good or bad for costs and/or revenues.
Suppose my grand grandmother in 1909 put $100 in the bank account for me. The bank has been paying the compounded (annual compounding) interest rate of 5% per year. If I go and pick up this money now (that is in 2009) how much money will I get?
For any country of your choice (besides the United States), conduct research into the cultural characteristics and summarize these characteristics.
What is the difference between the Analytical and Command Schools of jurisprudence?
In your own words, and using research sources other than the textbook, distinguish between economic profit and accounting profit. Please cite references
Explain your understanding of how price effect contributes to the fact that, for a monopoly, marginal revenue is always less than the price.
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