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In places where the banking system does not do a good job of allocating capital where it is most productive, what is likely to happen to the savings that people have placed in their care?
How will this impact a countries economic growth?
After you view the film, One Flew Over the Cuckoo’s Nest, respond to the following two questions: 1. Labeling theory refers to the idea that deviance and conformity result not so much from what people do as from how others respond to those actions. D..
What is the role of the federal reserve? When and why does the federal reserve increase and decrease interest rates?
It is planned to leave $2,500 on deposit in a savings account for 15 years at 6.5% interest. It became necessary to withdraw $750 at the end of the 5th year. How much will be on deposit at the end of the 15thyear?
1. Ask the user for a positive number between 1 and 23, only accept those numbers. 2. Maintain a running sum of the numbers. 3. Continue asking for numbers while the sum of the numbers is less than 98
Referencing the Relations for Discrete Cash Flows with End of Period Compounding posted as a guide, and given: a geometric gradient value, g = 5%, an initial uniform series value A1 = $5,000, an interest rate, J=7% per year, and a time period, n=5 ye..
List the four components of Gross Domestic Product(GDP) and provide an example of each.
The first sushi restaurant opens in town. Initially people are very cautious about eating tiny portions of raw fish, as this is a town where large portions of grilled meat have always been popular. What will happen to the short-run profit of the sush..
Suppose that a biotech firm in Pittsburgh raised $113 million in an IPO. The firm received $23 per share, and the stock sold to the public for $25 per share. The firm’s legal fees, SEC registration fees, and other out-of-pocket costs were $657,500. T..
Determine whether each of the following statements in true or false, and explain why. For each true statement, discuss whether there is anything unusual about the impact of money and fiscal policy in that special case.
In 1975, President Ford proposed a $28,000 cut in government spending and a $28,000 tax cut, what is the result of the two actions on the economy? Show your work, use the MPC of .80. Hint: notice that the numbers are the same -$28,000.
If the economy is currently producing 40 units of cotton and 6 units of wheat, then what is the approximate opportunity cost of producing 10 more units of cotton?
A man is planning to retire in 20 years. Money can be deposited at 6% interest compounded monthly, and it is also estimated that the future general inflation rate will be 4% compounded annually. What amount of end-of month deposit must be made each m..
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