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The Market for Information
The Market for Information

... convenience or transactional purposes and do not revolve balances, a category that includes myself. I have no idea what my interest rates are on my credit cards. Nor do I know my minimum finance charge, my interest rate on cash advances, etc. And I don't shop for credit cards on those margins. I sho ...
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... When noncash assets are liquidated and the amount received exceeds the book value of the asset liquidated, there is a a. net income b. net loss c. gain on the realization d. loss on the realization ...
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... are held for hedging purposes. Due to the integrated organisation of lending and funding activities within the Daimler Group, the Company expects no direct impacts arising from the market development. The financing activities will develop in line with the strategy of Daimler AG. For the year 2015 ma ...
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... to always expect the unexpected. On patrol or on a mission, my military team never turned a corner uncovered and never contemplated only one exit strategy. We maintained maximum flexibility to address what might await at “the other side of the hill.” This is the same approach we take to investing on ...
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... rate of the US dollar-denominated cross-border lending outside the United States. In annual terms, this translates into roughly 2 percentage points. This puts the impact of the recent dollar strength in context. A 1% appreciation of the US dollar is associated with an approximately 2 percentage poin ...
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... $64.2 billion in November, compared to the previous month. The Chinese economy experienced strong growth in 2005, with stable inflation. The economy grew by an estimated 9.9%, following revisions to its estimates for 2004, which showed that the economy expanded by 10.1% during that year. Meanwhile, ...
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... purchased or guaranteed by these GSEs, and the government is now on the hook for these mortgages. How did this happen? There were two key economic principles that were ignored. One is that if the government and taxpayers stand behind the financial obligations of a company, the company should be reg ...
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... model captures the business cycle dynamics of the banking sector as well as macroeconomic aggregates. Calibrating the model, I nd that the capital requirement should be 14% of risky assets. This level trades o the reduced supply of safe and liquid assets in the form of bank debt against a lower ou ...
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Debt

A debt generally refers to something owed by one party, the borrower or debtor, to a second party, the lender or creditor. Debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. The term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.
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