Assess the impact on the U.S. stock market when the Federal Reserve increases the money supply, and whether or not you believe the impact is predictable.

•Describe an industry that you believe is in stage 2 of the industry life cycle. Provide evidence that supports your analysis.

Home work problems:

•Chapter 12: Problems 4(a-d), 7(a-b), 8(a-b) •Chapter 13: Problems 4, 5, 7(a-c)

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