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Minco Ltd, a large mining company, provides a superannuation fund for its employees. The fund's manager says: 'We know the mining industry well, so we feel comfortable investing most of the fund in a portfolio of mining company shares'. Advise Minco's employees on whether to endorse the fund's investment policy.
Consider an economy that begins with output equal to its natural level. Suppose the economy experiences a negative shock to the banking system. (a) Use the AD-AS and IS-LM mod
Construction contractors are the buyers of Portland cement, a key ingredient in concrete. Neither construction contractors nor their customers use much coal. Portland cement i
How several firms determine their production quantities in a market? How an employee and an employer determine the salary in a contract? (For example Foxconn) Can you find pro
Despite a great marketing campaign or despite a very poor marketing campaign, a simple jingle or tag line is often enough to keep the brand memorable. Does a tag line/jingle h
a. Describe how foreign trade would be affected if banks did not provide trade-related services. b. How can a banker’s acceptance be beneficial to an exporter, an importer, an
Draw Lorenz curves and calculate the Gini coefficient and the coefficient of variation for the income distributions (a)–(f). In each situation, the first set of numbers repres
The Lost Mountains of northern Iowa are inhabited by the rare Marshallian deer. Patches of grass are far apart in this rugged land. If a deer finds a fresh patch of grass and
Every economy, as well as the medical care sector, must decide the following: what should be produced, how it should be produced, how it should be distributed, and how to allo
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