course hero - Investing money to produce in factories...

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Economics is the allocation of scarse resources amond competing ends Natural resources Raw materials, coal iron, land, natural gas Human needs are unlimited Product Mix Final goods and resources for the economy determines the product mix and also the maret system. Capital
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Unformatted text preview: Investing money to produce in factories industries, computers, and more. Stocks are very risky to buy and they fluctuate in value whereas bonds are less risky because companies are obligates to pay interests. The only riskless bonds are the government bonds....
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This note was uploaded on 02/02/2011 for the course ECON 202 taught by Professor Saleh during the Spring '08 term at Loyola Chicago.

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