Suppose interest rates on residential mortgages of equal risk are 5.5% in California and 7.0% in New York. Could this differential persist? What forces might tend to equalize rates? Would differentials in borrowing costs for businesses of equal risk located in California and New York be more or less likely to exist than differentials in residential mortgage rates? Would differentials in the cost of money for New York and California firms be more likely to exist if the firms being compared were very large or if they were very small? What are the implications of all of this with respect to nationwide branching?

Cindy is 18 years old. cindy's parents and her 23-year old brother rich are going away for the weekend. renee, cindy's best friend, is pressuring her to throw a huge saturday night party for all their friends since no one will be home. renee even asked rich if he could pick up a few kegs for them. rich brought back two kegs of beer, a bottle of vodka, and a few bottles of wine, which he hid in the basement. renee also spread the word around school for everyone to show up. cindy now has over $100 worth of alcohol hid in the basement, an empty house for the weekend, and several friends expected to show. what should she do?

Which statement about jews is not correct? question 6 options: a: jews had been disliked and persecuted for many centuries. b: jews lived and worked in businesses throughout germany. c: many germans blamed jews for germany’s economic problems. d: jews began migrating to germany after the end of world war i.

Imagine that the value of the us dollar rises compared to the canadian dollar for many months. what effect is this likely to have on the amount of goods the us imports from canada?