Each question needs to be 250 words with 2 sources( APA )
1. Why are small businesses important to the economy? What overall impact to you think they make to the economy? List one of the economic crisis that has affected the U.S. economy in the past ten to fifteen years?
2. What role The Federal Reserve play in the monetary and financial system? What tactics does it use to influence monetary policy? What is the GDP? What does measure? What optimal GDP?
3. What is the Rule of 72 and how might it affect your personal savings and investment activities? What is compound interest vs. simple interest and how might that affect your personal savings and investment activities. What rationale behind the concept of Time Value of Money?
4. What does it mean to be a publicly traded company? What is an investment bank and how do they differ from commercial banks? What is a stock exchange? List some stock exchanges. What is an IPO (Initial Public Offering)?
5. List the three basic forms of business organizations. What are some of the advantages and disadvantages of each? If you were to start your own business which would you choose? Why? What are the basic financial statements? What does each tell us about an organization?