ESSENTIALS OF ECONOMICS WITH CONNECT
ESSENTIALS OF ECONOMICS WITH CONNECT
11th Edition
ISBN: 9781266628146
Author: SCHILLER
Publisher: MCG
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Chapter 1, Problem 6QFD
To determine

The reason behind North Korea not reducing military expenditure and putting more resources in food production. Also, ascertain the optimal mix of guns and butter.

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What are some of the question s that I can ask my economic teacher?
Answer question 2 only.
1. A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate fund, and the third is a (riskless) T-bill money market fund that yields a rate of 8%. The probability distributions of the risky funds have the following characteristics: Standard Deviation (%) Expected return (%) Stock fund (Rs) 20 30 Bond fund (RB) 12 15 The correlation between the fund returns is .10.
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