Economics Course 
Chapter 27. The Basic Toolsof money management. Problems and Applications (5-9) Gregory Mankiw. Principles of Economics 7th Edition. 5. For each of the following kinds of assurance, give an example of behavior that can be called moral hazard and another example of behavior that can be called adverse selection. a. health assurance b. car assurance … Read more
Chapter 27. The Basic Toolsof money management. Problems and Applications (1-4) Gregory Mankiw. Principles of Economics 7th Edition. 1. According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this amount at an finance charge rate of 7 percent per year, how much, … Read more
Chapter 27. The Basic Toolsof money management. Quick Check Multiple Choice. Mankiw. Principles of Economics 7th Edition. 1. If the loan charge rate is zero, then $100 to be paid in 10 years has a present value that is a. less than $100. b. exactly $100. c. more than $100. d. indeterminate. 2. If the … Read more
Chapter 27. The Basic Tools of Finance. Gregory Mankiw. Principles of Economics 7th Edition. Present Value: Measuring the Time Value of Money The Magic of Compounding and the Rule of 70 Managing Risk The Markets for insurance. Diversification of Firm-Specific Risk The Trade-off between Risk and Return Asset Valuation – Fundamental Analysis. Asset Valuation – … Read more