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Which of the following investments has a larger future value: Investment A an $1,000 investment earning 5% per year for 6 years? Or Investment B a %500 investment earning 10% per year for 6 years with a bonus of an extra $500 added at the end of the sixth year?
A. Investment B with a future value of 1,386 B. Both investments have equal value C. Investment A with a future value of 1,386 D. Investment A with a future value of $1,340
Q. What is money and what is not money? If you are trying to conclude if something is money, basically consider whether it would be accepted in most stores as payment. Then you
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Sims (1980) introduced an exciting and ground-breaking new framework which would prove to be extremely insightful for macroeconomic analysis. This is known as vector autoregression
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