Kedran is indifferent between option A, which gives her $10,000 for sure, and option B, which gives her $5,000 with probability 0.4 or $15,000 with probability 0.6. Kedran's cost of risk for option B is

Explain four reasons why it is difficult to use discretionary fiscal policy to eliminate a deflationary or inflationary ga

What will be an ideal response?

When a customer deposits $100 into a checking account, it: a. increases the bank's liabilities only

b. decreases the bank's liabilities only. c. increases the bank's assets only. d. decreases both the bank's liabilities and its assets. e. increases both the bank's liabilities and its assets.