Economics: Principles & Policy
14th Edition
ISBN: 9781337696326
Author: William J. Baumol; Alan S. Blinder; John L. Solow
Publisher: Cengage Learning
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Chapter 30, Problem 4TY
To determine
Explain the financial crisis and recovery.
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Economics: Principles & Policy
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- What happens to interest rates in the market if the stock brokerage commission declines? Explain the reason for your answer!arrow_forwardWhy emerging market economies is important in financial markets?arrow_forwardYoung people with little wealth should not invest money in risky assets such as the stock market, because they can’t afford to lose what little money they have.” Do you agree or disagree with this statement? Why?arrow_forward
- Mr. John Dela Cruz, wanted to start investing in the stock market, which of the following financial intermediaries can help him? *A. BanksB. Pension Fund CompaniesC. Brokerage FirmsD. Insurance CompaniesE. Cooperativesarrow_forwardCorporations often offer ________ to investors as some tangible evidence that the corporation is doing well, and the investor is getting something from his or her money. index funds trusts dividends shares of stockarrow_forwardwhat vital role do demand and supply play in the stock exchange?arrow_forward
- The demanders of funds participate in the financial market to earn profit. *True or False??arrow_forwardTrue or False? Adam Smith believed that his concept of an “invisible hand” guiding human behavior applied to both goods markets and to financial markets. True or False ? Ben Bernanke believes that Milton Friedman and Anna Schwartz’s explanation of the causes of the Great Depression were silly and wrong.arrow_forwardWhat happened the financial crisis of 2008 and 2009 ? what can do to ensure it does not happen in the future?arrow_forward
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