An equity portfolio worth USD 10 million is financed with 30% debt at 5% interest. If the equity portfolio earns a 8% return, compute the leveraged return.

Figure 2-1Refer to Figure 2-1. Which arrow represents the flow of goods and services?

Table 3-9 Summary of the Gains from Trade                                                                           Alice                                            BettyPitchers of LemonadePizzasPitchers of LemonadesPizzasWithout Trade    Production and Consumption200100180180     With Trade    Production40000300TradeGives 193Gets 110Gets 193Gives 110Consumptionabcd     Gains from Tradeefgh​​​​Refer to Table 3-9. The values in the table represent the amounts of lemonade and pizzas that Alice and Betty can produce in one week without and with specialization and trade. What are Alice and Betty’s gains from specialization and trade?

An improvement in production technology will shift the

The nominal risk-free rate is best described as the sum of the real risk-free rate and a premium for:

When the government redistributes income from individuals in the top one percent of income to individuals in the lowest income decile,

Underground pools of water between impermeable rock layers on top and bottom are called _______. (best answer)

Scientific studies of _______ ______ trapped in glaciers that indicate what the atmosphere was like before the mid 1700s (carbon dioxide levels were lower) is one form of evidence the earth is warming.

When two variables move in opposite directions, the curve relating them is

_______ Plates “float” on the earth’s crust.