(6)___ the earth becomes warmer,there may be more rain and a rise in the sea level.It will affect the growth of plants,animals and people.On a Pacific island,100 people have to move to(7)___ ground because the sea is rising.These people can no longer live on th...
Because MOA traditionally didn’t pay interest, and hence the net present value of foregone interest from holding the entire stock of cash is simply the currency stock itself. And currency stocks tend to be about 2% to 11% of GDP. Thus if the nominal interest rate was 5%, and the currenc...