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Consider stocks and bonds. (a) What is the purpose of issuing such financial instruments? (b) What are the main differences among them? (refer to the
- Consider "stocks and bonds."
(a) What is the purpose of issuing such financial instruments?
(b) What are the main differences among them? (refer to the return on them and the risks involved)
- Use the concept of present value to explain why an increase in the interest rate would lead to lower investment spending.
- (a) Why is investment important? (b) What is the relationship between investment and capital?
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The Economics Of Inequality
Authors: Thomas Piketty, Arthur Goldhammer
1st Edition
0674504801, 9780674504806
