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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
U.S. NATIONAL DEBT REACHES $35 TRILLION. The U.S. gross national debt reached $35 trillion in July, after seeing an increase of more than 75% under the Trump and Biden administrations. SOURCE ...
Map of relative party strengths in each U.S. state after the 2020 presidential election. Political party strength in U.S. states is the level of representation of the various political parties in the United States in each statewide elective office providing legislators to the state and to the U.S. Congress and electing the executives at the state (U.S. state governor) and national (U.S ...
The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll ...
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...
Zero coupon bonds have a duration equal to the bond's time to maturity, which makes them sensitive to any changes in the interest rates. Investment banks or dealers may separate coupons from the principal of coupon bonds, which is known as the residue, so that different investors may receive the principal and each of the coupon payments.
Since mid-June, Boston’s playoff odds haven’t dipped below 25% but haven’t climbed above 53%, either; the Red Sox currently sit at roughly 40%, according to FanGraphs.
SOURCE: Integrated Postsecondary Education Data System, Radford University (2014, 2013, 2012, 2011, 2010).Read our methodology here.. HuffPost and The Chronicle examined 201 public D-I schools from 2010-2014.
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