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A new kind of technology called “ultra-haptics” will allow people to interact with machines without touching them. One signal in this field is an ATM (cash withdrawal machine) that you can operate without touching any buttons. You simply wave your hands in the air. What kind of CHANGE is this a SIGNAL of?
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This year, country K has a budget deficit of $30 billion, taxes are $70 billion, and government expenditures are $80 billion. How much did the government spend in providing transfers?
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If the actual return of the stock in the previous question is 9%. What is the alpha of this stock?
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