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Opportunity Cost

What is opportunity cost?  Is it real?  And why do we need to be concerned about it?  These are all good questions that are...

Cross Rates with Compounding Growth

In managerial accounting, we learn that sales is a function of price and volume, and that the growth of both sales and volume are...

The Federal Reserve

To determine whether the Federal Reserve adds value to the United States, or not, one would need to compare statistics from before and after...