A weakness of American colonial militias:
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The interest rate of a country with a currency board:
The interest rate of a country with a currency board:
Consider the play as a whole: For the most part, how does Fa…
Consider the play as a whole: For the most part, how does Faustus use his tremendous power?
In 1945, ________________ took control of Indochina.
In 1945, ________________ took control of Indochina.
The highest amount a buyer of a call or a put option can los…
The highest amount a buyer of a call or a put option can lose is the call price price.
The “Ho Chi Minh Trail”
The “Ho Chi Minh Trail”
If the international Fisher effect (IFE) holds, the local in…
If the international Fisher effect (IFE) holds, the local investors are expected to earn the same return from investing internationally as they would from investing in their local markets.
Using Taylor’s rule, when the equilibrium real federal funds…
Using Taylor’s rule, when the equilibrium real federal funds rate is 3 percent, the positive output gap is 2 percent, the target inflation rate is 1 percent, and the actual inflation rate is 2 percent, the nominal federal funds rate target should be Federal funds rate target = inflation rate + equilibrium real fed funds rate + ½ (inflation gap) + ½ (output gap)
The discount rate is kept ________ the federal funds rate be…
The discount rate is kept ________ the federal funds rate because the Fed prefers that ________.
Assume that the inflation rate in Singapore is 3%, while the…
Assume that the inflation rate in Singapore is 3%, while the inflation rate in the U.S. is 8%. According to PPP, the Singapore dollar should ____ by ____%.