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Opportunity Cost

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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

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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

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