Identify the choice that best completes the statement or answers the question.
1. An important goal for a sustainable society is to make manufacturing processes cleaner and more
sustainable by having them mimic how nature deals with
Econ and Society: 8-28
Market system, private property,
No factors of production before capitalism labor, land, capital hired and fired in market system
Capitalism rose due to changegradual, urbanization, introduction of gold (prices rose for aristocrats,
Time and Location: TR 2:00pm 3:20 pm, Holden Hall 38
Instructor: Daehee Bak
Contact: [email protected]
Office Hours: Thursday 11am 2pm (Holden 24) and by appointment
TA: Kerry Chavez
Currency Futures and
I. CURRENCY FUTURES
1. Long history
2. Extremely volatile due
3. Price Discovery Role
1972: Chicago Mercantile
United States then, Europe now
Thomas J. Sargent
December 8, 2011
1. Should governments default on their debts?
2. Should a central government bailout subordinate states?
3. Should a monetary union precede a fiscal union?
4. Should a fiscal unio