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Why do politicians (such as Ron Paul) who distrust government prefer government-issued gold and silver coins to government-issued paper money? Do you agree or disagree? What are the pros and cons of commodity versus fiat money?
Business Economics, Economics
The price of cell phones rose slightly higher from $500.00 to $550.00 this past month, and Samsung found out about Apple's release of the iPhone X, so in turn it decided to increase production of its Galaxy S8 from 150,0 ...
Currently, fringe benefits make up about 30% of U.S. workers' total compensation. Suppose the U.S. government decides to tax fringe benefits as ordinary income. How might this affect the level of fringe benefits as a sha ...
A lottery game has balls numbered 1 through 19. What is the probability of selecting an even numbered ball or a 9
Suppose we have a simple society with only 2 people. 1 person is rich and earns $100,000 per year. 1 person is poor and earns $25,000 per year a) What percentage of total income does the rich person earn? b) Now suppose ...
Why the use of Nash equilibrium is a solution concept in games? Please give me an detailed explain.
1. Suppose that a Big Mac costs $5.79 in the US, and CHF 6.5 in Switzerland. You are told that the exchange rate between $ and CHF is CHF=$0.5 From what you know about PPP theory and Law of One Price, the swiss franc is. ...
If a low-income-undernutrition-low-income circle is possible in poor countries, why is it not possible for some groups of people in rich countries? (hint: demand and supply)
In simple terms,What does it mean for two probabilities to be mutually exclusive? Provide an example of probabilities that are mutually exclusive
What do you gain from being able to "see" the data in a graphic presentation, that a table of the data may not readily provide? Discuss and explain why.
A researcher conducted a one-sample z -test with alpha set to 0.05, and calculated a test statistic of 1.99. The null hypothesis was H 0 : μ = 500 and the critical values were +1.96 and -1.96. Which is the most appropr ...
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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