Question 1. Complete the following sentences with a word or a phrase:

a.If Bryan values present consumption more than future consumption, he has a

b.The reward for forgoing present consumption is

c.The cost of borrowing to ensure present consumption is

Question 2. Explain why the supply of loanable funds curve slopes upward to the right

Question 3.Many who use pirated software and illegal downloads of music and movies believe their actions are harmless. Identify some downsides for individuals and the economy of violating intellectual property rights.

Question 4. At any given time, a range of interest rates prevails in the economy. What factors contribute to differences in interest rates across consumers?

Question 5. Why is $10000 a close approximation of the price of an annuity that pays $1000 each year for 30 years at 10 percent annual interest?

Question 8.What entrepreneurial idea do you have? How would your idea contribute to the economy?

Question 9. Describe three ways in which corporations acquire funds for investment

Question 10. What role do securities exchanges play in financing corporations