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When investment banks underwrite IPOs, they are typically sell stock for 5-10 percent more than they pay for it. When they underwrite stock for companies that are already public, the typical markup is 3 percent. What explains this difference?
Why do some countries have a low real per capita income? Low real per capita income considers being largely due low productivity (i.e., output per worker) of low valued added
discuss four weaknesses of using national income statistics in comparing living standards between two countries
how does deusenberry relative income theory influences inflation
What is Bolivia''s growth in 1985?
Marginal cost curves generally slope: a) downward because of decreasing opportunity cost b) upward because of decreasing opportunity cost c) downward because of increasing opp
explain how national income is determined under the following economies; 1.frugal economy 2.governed economy
Q. Describe the Keynes motivation? Keynes' motivation: In good times, when Y is high (above its trend), national income is high (above it trend). Consumers will take this opp
: Suppose that 100 people live around a hazardous waste dump. If the people continue to live there for 20 years, one of them will likely contract a painful, non-fatal cancer that w
Critically explain why interest rates are pro-cyclical, using the supply and demand for bonds framework.
tax be cut as the main policy target
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