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The two main categories of economics are microeconomics and macroeconomics.Answer and Explanation: There is nothing that an individual cannot learn. However, macroeconomics is considered harder than microeconomics because the latter deals with...
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Each level is progressively harder. In the end, the number of candidates who pass all three levels is a small percentage of those who register for Level I and stick with it. That said, the general consensus of those who have taken all three levels of the CFA exam is that Level III is...
Our students have said it’s harder than any other designation program they’ve ever done. But, that makes getting through the program even more rewarding. “Finishing the charter was one of the best feelings of accomplishment I’ve ever had in my career.” –Tim Davis, CFA Achieving the ...
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The largest cities, the most frequently used words, the income of the richest countries and the most wealthy billionaires, can be all described in terms of Zipf’s Law, a rank-size rule capturing the relation between the frequency of a set of objects or events and their size. It is assum...
Levelling the legal playing field: What the law can and can’t do to improve women’s access to secured finance In general, it is harder for businesswomen to access finance, and in particular secured finance, than it is for businessmen. The problem is especially acute in deve...
Thesunk-cost fallacyis the emotional attachment to costs that have been incurred in the past. Consumers and investors tend to have a harder time "letting go" of failed investments or committed capital. Consider a failed stock that was purchased at $100/share that is now worth $15/share. An...
to preserve the land and the health of the herd. Common grazing lands become over-saturated with livestock because the food the animals consume is shared among all sheepherders. Hardin equated his point to humans who over-consume the commonly accessible scarce resource, making it harder to find...