(1) Go to the Reserve Bank of Australia (RBA) website‚ find the statistic section‚ and then download the data file named “Zero-Coupon Interest Rates - Analytical Series -2009 to current”. (2) Plot the zero-coupon yield curve on October 1‚ 2009. (3) Based on the yield curve on October 1‚ 2009‚ calculate the expected rates on zero-coupon bonds with one-quarter maturity that are to be sold on the first day of the quarter that starts one‚ two‚ three and four quarters from Oct 1‚ 2009 respectively
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11/30: (Bring pencil and calculator) Exam Review: GDP: * Y = C + I + G + ( X - M ) Pent-Up Demand “If you want to slow an economy to a screeching halt‚ make tax policy uncertain.” Fiscal Cliff: * Jan 1‚ 2013 * Bush era tax cuts expire‚ increasing tax rate for ALL income groups * Automatic spending cuts (Official) Start of the last recession: * December 2007 (Official) End of last recession: * June 2009 Chapter 16: * Not on final‚ but know the difference
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factors. Many believe that it is hard work that bring them success‚ others think that luck is more important. I totally agree with the quotation‚ because I believe that success comes from hard work‚ as Newton said “Genius is one percent inspiration and ninety nine percent perspiration”. People often believe that luck is something that is beyond our control. How can we know when we get a big contract? How can we predict when our experiment give way for a new discovery? I disagree with this kind
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Rate Affects 10 Year Treasury Bond Yields ______________________________________________________________________ I. Introduction The Federal Open Market Committee raised the federal funds target interest rate from the historically low 1% to 1.25% at its meeting in June 2004. Macroeconomic theory tells us that long-term interest rates tend to move in the same direction‚ and generally in concert with‚ shortterm interest rates (Abel 2005). So‚ we would expect the yield on a long-term asset like the10year
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II. Synthesis This activity helps me to understand myself better by knowing what people think of me. It aims to foster self-awareness and self-improvement. I found out that my family thinks that I am a responsible person in terms of sense of responsibility. But my brother thinks I’m immature. In terms of duties at home‚ my mother and father understand that I don’t perform my duties because I’m busy with my studies. My sister thinks it too but she justified that I perform when I’m not busy. When
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the Twenty-first Century” took a different approach by targeting not everyone but only few saying‚ “…not merely the heights to which some will climb or the difficulties others will endure.” When combining these two statements you can see how they synthesis; In other words‚ the lower class of America will either suffer from being under skilled or replaced by technology‚ while the successful class of America will become known as “The Untouchables”‚ meaning they will be so specialized that they will not
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aspirin that was high in purity. Furthermore‚ the other objectives were to enable students to conduct the synthesis of aspirin‚ reinforce skills or recrystallisation and the technique of melting point determination. The amount of each compound should be the same because there is a 1:1 ratio between them. The purity of the synthesized aspirin was measured by determining its melting point and percent yield. Soluble impurities increase the range over which a compound melts and often decreases its overall
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Synthesis of Aspirin Name: Xuanyi Li Teaching assistant: Deirdre Zwilling November 15‚ 2009 Purpose: To synthesize aspirin‚ a common analgesic drug‚ via nucleophilic acid-catalyzed substitution reaction of salicyclic acid with acetic anhydride. The whole reaction is catalyzed by phosphoric acid. (The experiment involved three parts: The synthesis of aspirin‚ the isolation and purification of aspirin‚ and the estimation of the purity of the final product.) [pic] Procedure[1]: A mixture
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Synthesis of Acetanilide By: Rick Whitely April 9‚ 2013 Organic Chemistry Lab 1; Professor J. Hutchison Recrystallization is a common method of purifying organic substances through the differences in solubility at different temperature. In this experiment‚ acetanilide was produced by acetylation of aniline with acetic anhydride. The crude acetanilide was dissolved in a solvent in a heated water bath. The solution was cooled slowly in an ice bath as crystals form out. As the compound crystallizes
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In Defending the One Percent‚ Gregory Mankiw begins with difficult to imagine experiment where a perfect economic equality exist and one day the utopia is disturbed by a genius entrepreneur with an idea of a new product. Because of the magnificent idea everyone would like to buy the product in a voluntary exchange‚ which results in an extreme unequal distribution of income. Since there are no policies that follow the Pareto criterion‚ the question is if the government should shift to a progressive
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