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Buy one, get one free. " Buy one, get one free " or " two for the price of one " is a common form of sales promotion. 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 ...
Hyperbolic discounting is mathematically described as. where g ( D) is the discount factor that multiplies the value of the reward, D is the delay in the reward, and k is a parameter governing the degree of discounting (for example, the interest rate ). This is compared with the formula for exponential discounting:
The General Dynamics F-16 Fighting Falcon is an American single-engine supersonic multirole fighter aircraft originally developed by General Dynamics for the United States Air Force (USAF). Designed as an air superiority day fighter, it evolved into a successful all-weather multirole aircraft with over 4,600 built since 1976. [ 4]
The CME FedWatch Tool, which measures market expectations for Fed fund rate changes, projects a 75.5% chance the Fed will cut rates to a range of 5.00% to 5.25%, with a 24.5% chance that the Fed ...
The CME FedWatch Tool, which measures market expectations for Fed fund rate changes, projects a 62.5% chance the Fed will cut rates to a range of 5.00% to 5.25%, with a 37.5% chance that the Fed ...
Discount window. The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. The interest rate charged on such loans by a ...
Mike Pompeo. Michael Richard Pompeo ( / pɒmˈpeɪoʊ /; born December 30, 1963) is an American politician who served in the administration of Donald Trump as director of the Central Intelligence Agency (CIA) from 2017 to 2018 and as the 70th United States secretary of state from 2018 to 2021. He also served in the United States House of ...
The 1980 Summer Olympics (Russian: Летние Олимпийские игры 1980, romanized: Letnije Olimpijskije igry 1980), officially known as the Games of the XXII Olympiad (Russian: Игры XXII Олимпиады, romanized: Igry XXII Olimpiady) and officially branded as Moscow 1980 (Russian: Москва 1980), were an international multi-sport event held from 19 July to 3 August ...
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