U.S. Stock Markets' Reputation Suffers

For some years U. S. stock markets have enjoyed a reputation for reliable, prompt and completely "honest" financial information. Recent financial scandals, awards and settlements against major Wall Street bankers, securities dealers & underwriters leave investors in a position of questioning the very information essential to efficient operation of our financial markets. What are the apparent impacts.

How to maximize wealth to stockholders

Discuss the meaning of P = D/k. Identify the variables and spell out the assumptions related to the use of this "securities price" formula or model.

Monetary Theory and Policy Understanding

I am not clear how can the government benefits from money creation...can you explain? Also,what accounts for the relatively high unemployment rate of young workers? Why does the minimum wage seem to have the greatest impact on teenagers? Who does the minimum wage benefit? Lastly, when prices continue to rise year after year the continuing inflation affects the lives of everyone in society. Can you explain some of these detrimental effects on different individuals and groups in society.

Ethics etc..

A. Is it unethical to use an employee as a puppet to make money with out their consent? What are your thoughts on Adam Smith's principle of the Invisible Hand? Each firm (individual) in society acts in such a way as to maximize his own gain, the function of the free market will assure, as a result, the maximum possible benefit to society as a whole. Ultimately businesses are making money will lead to lower prices. Can you please respond with your thoughts on Ethics vs profits debate so that I can better understand. B. Can you please help me understand the debate on President Bush's Tax Proposal Plan (good and bad)? Thank you!

Money Multiplier

Assume that the banking system has no excess reserves. · Find the maximum amount of check-writing deposits when bank reserves total $10,000 and the reserve requirement is (1) .10, (2) .09, and (3) .08. · Find the change in the reserve requirement needed to increase the maximum amount of check-writing deposits from $100,000 to $102,564 when reserves total $10,000 and the initial reserve requirement is .10.