Tag Archives: prices

What would you prefer? A high salary and expensive goods – or a low salary with cheap prices? • If your answer is ‘a high salary with cheap prices’ I would advise you to visit your travel-agency and buy a ticket to fantasy-land. The purpose of this chapter is to find out, what’s better for people with an average salary …

In the 2nd quarter of 2015, the value of the international debt capital market transactions amounted to 1 trillion USD – that’s 1000 billion USD in 3 months. This huge market is called bond-market. In the financial world, a bond is a paper that determines a debt from the issuer to the holder. If a company or a government issues …

To find out the level of financial literacy worldwide, Standard & Poor’s, Gallup, the World Bank and the George Washington University conducted a survey: More than 150’000 adults in 140 countries were quizzed on their understanding of financial concepts: Here’s the quiz: 1. Risk Diversification: Question: Suppose you have some money. Is it safer to put your money into one …

Question 2: Suppose over the next 10 years the prices of the things you buy double. If your income also doubles, will you be able to buy less than you can buy today, the same as you can buy today, OR more than you can buy today? Answer: same This case seems to be clear – when you earn 1000 …