Patrick M.
Finance and Economics Majors
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Personal Finance
TutorMe
Question:
What is the average rate of return on the stock market?
Patrick M.
Answer:
10%
Accounting
TutorMe
Question:
What would be the owners equity if the company had $3,000 in liabilities, and $25,000 in assets?
Patrick M.
Answer:
$22,000
Macroeconomics
TutorMe
Question:
What does Keynes believe to be true about the economy?
Patrick M.
Answer:
Keynes believes the economy can be manipulated and that it is the governments job to manipulate it when the "animal spirits" cause a recession.
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