Q real gdp - Study guides, Class notes & Summaries

AQA A-level ECONOMICS 7136/3 Paper 3 Economic Principles and Issue Version: 1.0 Final *JUN* IB/G/Jun23/E6 7136/3 For Examiner’s Use Section Mark A B TOTAL Monday 5 June 2023 Morning Time allowed: 2 hours Materials For this paper you must have: • the Insert • a calculator. Instructions • Answer all questions. • Use black ink or black ball-point pen. Pencil should only be used for drawing. • Fill in the boxes at the top of this page. • You will need to refer to...

Price change based on convexity - Answer- -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration - Answer- Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration - Answer- [(v-)-(v+)]/[2V0(change in yield)] Future Value - Answer- PV(1+(I/Y)^N) PV - Answer- FV/(1+r)^n PV of perpetuity - Answer- PMT / discount rate Approximate percentage price change of a bond - Answer- (-)(modified duration)(ΔYTM) Nominal Risk F...

RECA Fundamentals Verified Q&A Scored 100% Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome *ANS* duty-based ethics Sells the optimal result for the greatest number of people *ANS* utalitarian ethics Punishment for a technical breach *ANS* Advisory note One or two potentially serious infraction would cause this punishment *ANS* Administrative penalty/ fine These two ways of creating a representation relationship should not be do...

Suppose televisions are a normal good and buyers of televisions experience a decrease in income. As a result, consumer surplus in the television market - Correct answer-may increase, decrease, or remain unchanged. Which of the following is true when the price of a good or service rises? - Correct answer-Some buyers exit the market Cost is a measure of the - Correct answer-seller's willingness to sell. The Surgeon General announces that eating chocolate increases tooth decay. As a result,...

CFA Level 1 Formulas Exams 245 Questions with Answers Price change based on convexity - CORRECT ANSWER -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration - CORRECT ANSWER Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration - CORRECT ANSWER [(v-)-(v+)]/[2V0(change in yield)] Future Value - CORRECT ANSWER PV(1+(I/Y)^N) PV - CORRECT ANSWER FV/(1+r)^n PV of perpetuity - CORRECT ANSWER PMT / discount rate Ap...

CFA Level 1 – 101 All Must Knows. 100% Coverage & Mastery. Rated A+ Document Content and Description Below CFA Level 1 – 101 All Must Knows. 100% Coverage & Mastery. Rated A+ Addition Rule of Probability - ☑☑ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - ☑☑Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - ☑☑Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (...

Consumer Surplus - ANSWER The benefit from trade. It is the difference between the price paid and the Willingness To Pay. Who receives consumer surplus? - ANSWER The Consumer In relation to the demand curve and price, how is consumer surplus measured? - ANSWER Consumer surplus is found above the price and below the demand curve. Producer Surplus - ANSWER The benefit from trade to the producer. It is equal to the difference between the marginal cost of production and the price. Produc...

which of the following things are scarce? - answer-everything that cost money the nominal interest rate is 7%. The inflation rate if 3% - answer-the real rate of interest is 4% the amount of a given input purchase by a firm depends on the: - answer-*price of finished good *prices of all other related goods *price of the input *state of technology The legislative act that established the Land Grand University System - answer-Merrill Act "Superstorm Sandy" disrupted transportation...

Price Elasticity of Demand Formula - (% Change in Quantity Demanded) / (%t Change in Price) Cross Elasticity of Demand Formula - (% Change in Quantity Demanded) / (% Change in Price of Substitute or Complement) Income Elasticity of Demand Formula - (% Change in Quantity Demanded) / (% Change in Income) Price Elasticity of Supply Formula - (% Change in Quantity Supplied) / (% Change in Price) Elasticity of Demand Factors - 1) Availability of Substitute; 2) Relative amount of income sp...

Absolute Advantage - Answer The economic advantage one nation enjoys that is absolutely superior to other nations. Accounting Profit - Answer Total revenue minus total explicit cost Acquisition - Answer a wholly owned subsidiary is created through direct foreign investment. Administrative Policy - Answer Bureaucratic rules that make it harder to import foreign goods. Agglomeration - Answer Clustering of economic activities in certain locations. Beyond geographic advantages, location-...