Assume the current 6-month spot rate is 1.5% and also assume that the 6-month spot rate next period can take the following two values with equal probability: 2.25% and 1.25% (the standard deviation is 0.5%). If local Expectations Theory holds, the current 12-month spot rate is . A. Larger than 2.25% B. Between 2% and 2.25% C. Smaller than 1.5% D. Between 1.5% and 2%

Danielle enjoy working as in certified public accountant (cpa) and assisting small business and individuals with managing their financial and taxes . which general area of accounting is her specialty ?

How do primary and secondary industries differ

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.