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Q1. Investment account holders, IAH, (depositors) take the same risk that is assumed be bank shareholders. Yet, they have no role in management.
1. What role does Mudaraba allow IAH, in their capacity as "Rabbul Mal"?
2. What alternative governance rules would you suggest in order to provide IAH more protection, without violating the Mudaraba contract? State the rules and explain your justifications for each.
Q2. Who has the more persuasive argument for what the relationship between the government and the economy should be, Karl Marx or Adam Smith? What are arguments for either?
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
Suppose that an increase in crime (O) also results in a per unit amount of social damage equal to d(d>0).
Dependency theory characterizes countries as being either in the center or on the periphery
Ordinary least- squares method or the two- satge least squares method for estimating industry demand for rutabagas.
Outline reasons why the marginal revenue product differs between workers in different jobs.
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
Assume the price elasticity of demand for heating oil is 0.7 in the long run also 0.2 in the short run.
Limited partnership arrangements alleviate which traditional problem associated with real estate investments.
Hiro Nakamura is CEO of the Cola King Bottling Company, a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals
Distinguish between the two types but knows the probabilities of each type. What would be the result in this market for loans.
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