December 2009

Investing Game

December 18, 2009

You have just inherited $10,000 from a distant relative that you never met. You want your money to grow as fast as possible because college is right around the corner, but you don’t want to risk it all. Use what you know about diversification to place your money in at least 5 different investments. These [...]

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Investing…

December 17, 2009

Day 1 1.How does investing promote financial growth? 2.Describe the 3 roles of financial intermediaries. 3.Explain why a student with $500 in a savings account is participating in the American financial system. 4.Suppose a friend asks to borrow $50 from you. They offer to pay you interest. What factors should you consider before you decide [...]

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Research… Day 2

December 15, 2009

First of all, we are going to go over the Literature Review assignment. You can view it by clicking here. If you haven’t completed Day 1 then you should go there. If you have finished Day 1, then you should go here.

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Money and Banking

December 15, 2009

Part 1: What is Money? Notes 1.Suppose you are shopping for a new backpack and want to get the best value for your money. Explain the fact that money functions as a unit of account helps you make your choice. 2.Suppose you live in a society that has a barter economy. What difficulties might you [...]

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