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a. What are the advantages and disadvantages of a currency union?
b . Describe the theory of optimum currency areas?
Business Economics, Economics
What is asymmetric information and how does it affect the consumer or buyer?
Scores on the ACT college entrance exam follow a Normal distribution with mean 18 and standard deviation 6. Wayne and Clayton are both taking the exam this year. What is closest to the probability that their average scor ...
Event A occurs with probability 0.4. If events A and B are not disjoint, then a P(B) b P(B) ≥ 0.6. c P(B) > 0.6. d P(B) Step 1:You are tossing a balanced die that has probability of coming up 1 on each toss. Tosses are i ...
Suppose the quantity of fish purchased by Mr Singh family is 21 kilos per year when the price is $11.50 per kilo and 17 kilos per year when the price is $20.50 per kilo. Calculate the price elasticity of demand coefficie ...
The recent Poll revealed that 68 out of 98 men and 45 out of 85 women expressed "at least some support" for a new municipal policy. At the 5% significance level, does the proportion of Supporting the policy differ from t ...
With its current leverage, COWCOW copr will have net income next year of $7 million. If COWCOWs corporate tax rate is 30% and it pays 7% interest on its debt, how much debt can COWCOW issue this year and still receive th ...
Why would the communities in the territories not be listed for government transfer payments? Why do cities and towns get government transfer income?
Practical Exercise 1: Assume the demand for teachers (Ld) in a school is given by the following equation: W = 1700 - 2L D and the supply of teachers (L S ) depends on whether the school is a public school or private sch ...
If the cost of vacation is $9,384.44, What would be the annual compound interest rate that would let their saving account accumulate to meet their vacation costs?
If Average Fixed Costs are 9.7 and Average Variable Costs are 9.6 at 3 units of output, what are Average Total Costs? i.e., what are Average Total Costs per unit at 3 units of output?
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As