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An early goldsmith banker earned a profit (sometimes a large profit) simply by writing notes to certify that a person had deposited a certain amoumt of gold in his vault. By writing more notes than the amount of gold held, the goldsmith could lend the notes and charge interest on them. Did the goldsmith bankers make money out of thin air in a form of legal theft? Should the goldsmith bankers have been regulated to ensure that the amount of gold in their vaults equaled the value of the notes they created? What were the main benefits fromt he activities of the goldsmith bankers?
Biro's patent prevented him from producing an exact copy so Reynolds reverse engineered the product, developing an alternative, arguably inferior design and introduced Reynolds ballpoint pens to the United States in October 1945 as the first ball ..
1.What factors led to the mortgage default crisis 2.How did mortgage defaults affect banks involved in mortgage lending and mortgage investing? 3.Securitization TARP What do these mean 4.How did mortgage-backed securities spread losses during the ..
Assume that gross national debt is equal to $3million and the federal government then runs a deficit of $300 billion. what is the new level of gross national debt.
Select 2 companies in the geographical location you live in and find out if they price discriminate. Why do these two companies price discriminate?
A firm in an oligopolistic company has the following demand and total cost equations Maximum quantity at which profit will be at least $850.
should government officials attempt to reduce birth rates among families in so-called developing countries or anywhere else for that matter, what implications does your recommendation have on economic development
It is impossible to select as BMW's and laser printers are fundamentally different goods with different purposes.
Given the following variable in open economy aggregate expenditure model, autonomous consumption= 200, autonomous investment=200,
Analysis the most recent issue of International Economic Trends, published through the Federal Reserve Bank of St. Louis. You will notice percent (%) changes in economic data for 7-countries and Euro Area.
you are pleased with the service your law firm has given, but you know it has no international experience, what are the various formes of dispute resolution available to your company what are the advantages and the disadvantages of each for your c..
What is the business cycle and how is it linked to a secular trend? Describe each of the four phases of the business cycle and indicate how they a linked to the concepts of a "boom", a "recession" and an "expansion".
Explain why we cannot necessarily conclude that the typical Canadian's welfare has improved by 10-percent over the year.
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