Homework 1 1. Subprime mortgages or mortgages that are normally made out to borrowers with lower credit ratings (below 640) are viewed by the lender that the borrower has larger-than average risk of defaulting on the loan and as a result typically carry a higher interest rate than that of a conventional loan. Banks originally required a down payment from subprime buyers and normally kept these loans bearing the risk of default. Overtime banks began to group subprime loans into Residential
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________________________________________________________ 1. Title : The attempt to analyze the influence of job characteristics & growth needs of an employee on job satisfaction of the Banking Assistants in Commercial Bank in Sri Lanka. 2. Research Problem : When employees perceived that the presence of core job characteristics are high in their job and their growth need strengths is high‚ they will be highly satisfied in their job. 3. The Importance/ Significance of this research : Sri Lanka‚ still
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Speaking on this‚ people’s happiness is an extremely interesting thought. Happiness is an emotion so technically you cannot lose it no matter how of a terrible state someone is in. In the article‚” Happiness is an Inside Job” by Robert Puff he is commenting on how well he helps people in there everyday life to be calm and collect. For example‚ as he described one woman he worked with about her husband calling her fat which deals with crucial conversation because the couple falls into a category of
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procyclical. The same answer is found with the liquidity preference framework. When the economy booms‚ the demand for money increases; people need more money to carry out an increased amount of transactions and also because their wealth has risen. The demand curve‚ Md‚ thus shifts to the right‚ raising the equilibrium interest rate. When the economy enters a recession‚ the demand for money falls and the demand curve shifts to the left‚ lowering the equilibrium interest rate. Again‚ interest rates are
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before the occurrence‚ there was extremely unusual stock activity that included record numbers of “put-options” put on American and United Airlines. Milliseconds before the buildings came down‚ eyewitnesses say they heard sounds of explosions going off inside the towers. Many also pondered why the buildings fell straight down like a controlled demolition when they should have fallen to the side. At the Pentagon‚ even more inexplicable things were happening. The plane that hit the building left no wing
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UNIVERSITY OF TORONTO Faculty of Arts and Science APRIL 2011 EXAMINATIONS ECO351S Duration - 2 hours G. Georgopoulos Aids Allowed: Non-Programmable Calculators Answer All Questions Total Marks: 100 Please put your name and student number below Name: __________________________________________________ Student Number: _____________________________________________ PART 1. Multiple Choice. 30 MARKS (2 marks each). Choose the one alternative that best completes the statement or
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Tutorial Answers: Chapter 2 3. Yes‚ because the absence of financial markets means that funds cannot be channeled to people who have the most productive use for them. Entrepreneurs then cannot acquire funds to set up businesses that would help the economy grow rapidly. 5. This statement is false. Prices in secondary markets determine the prices that firms issuing securities receive in primary markets. In addition‚ secondary markets make securities more liquid and thus easier to sell in the primary
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2-17 1. Costs Direct variable: yeast‚ flour‚ packaging materials Indirect variable: depreciation on ovens‚ depreciation on mixing machines‚ factory utilities‚ machine maintenance personnel‚ maintenance supplies‚ cleaning supplies Direct fixed: finishing department hourly laborers‚ materials handlers in each department‚ machinist Indirect fixed: rent on factory building‚ fire insurance on factory building‚ mixing department manager‚ custodian in factory‚ night guard in factory 2. If the
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DEPARTMENT OF ECONOMICS HANDBOOK OF UNDERGRADUATE PROGRAMS in UNIVERSITY OF CALIFORNIA SANTA CRUZ 2012-2013 DEPARTMENT OF ECONOMICS UNIVERSITY OF CALIFORNIA‚ SANTA CRUZ Administering Undergraduate Programs in: BUSINESS MANAGEMENT ECONOMICS ECONOMICS GLOBAL ECONOMICS ECONOMICS/MATHEMATICS Office Location: 401 Engineering 2 (831) 459-2743 Office Hours: Monday - Friday 9:00am - 12:00pm‚ 1:00pm - 4:00 pm For information via the WWW see: Department of Economics Homepage:
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State and Federal Marijuana Legalization University of Ashford Soc. 331 Instructor Risa Garelick April 22‚ 2014 State and Federal Marijuana Legalization This paper will focus on the State and Federal marijuana legalization from three scenarios and analyze the retributive‚ commutative‚ and distributive justice of these three scenarios complex situations. First scenario will be a “recreational pot smoker‚ who lives in a state that recently legalized growing‚ possessing‚ selling‚ and distributing
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