- Explain the rule of 72 and the concept of compound interest.
- What does a bank look for in determining whether or not to make a loan to a private business venture? What does an investor look for in determining whether or not to make a loan to a private business venture.
- What is the difference between debt and equity loans/investments? What should a business owner consider when considering business capital in the form of debt or equity?
- Why are ethics important in finance?
- What is the difference between a 401K plan and a pension? Given a choice, which would you prefer and why?
- Discuss the pros and cons of the following:
a. Stock market investing
b. Savings
c. Bonds - We have all heard the phrase, “Cash is king.” What does this mean? Do you agree with this statement?
- What is the difference between microeconomics and macroeconomics? Provide an example of each.
- Price discrimination. How can this be a good thing for you personally?
- Illustrate (draw) and explain the Laffer Curve. Where are we currently as a nation (in your opinion) on the Laffer Curve?
Sample Solution