What are the roles of the financial system to the economy?
Great question.First to just be clear, a financial system is a system that allows the exchange of funds between lenders, investors, and borrowers. Financial systems operate at national, global, and firm-specific levels.Just to make a small list of what happens and how it affects the economy…What are the roles to the economy?Financial systems allow the movement savings by collecting and pooling funds from various sources. They then create smaller instruments which provide opportunities for individuals to hold diversified portfolios. Without pooling individuals and households would have to buy and sell complete firms.They can also transform illiquid assets such as, penny stocks which are more difficult to turn into cash. With liquid financial markets savers and lenders can hold onto assets like equity or bonds, which can be easily converted into fiat money with purchasing power.For lenders, the services are commutable in terms of risk, return and liquidity provided by particular investments. Financial middlemen and markets make longer-term investments more attractive and manage investment in higher return and longer development investments. They provide different forms of leanding to borrowers. Financial markets provide debt or equity finance.Financial systems are closely related with the growth of an economyThey contribute to a nation's growth by ensuring an almost never ending flow of surplus funds to deficit units. To make it simpler, financial markets help to shift money from industry to industry or firm to firm based on the supply and demand for their products.Financial markets also create investment funds. By buying stocks and many other things, firms and individuals can invest in companies through financial markets.Entrepreneurship growth is also a key factor which comes from financial markets. They allow entrepreneurs and firms to access the funds needed to fulfill their investments.Hope this helps.
Which are the states that Trump won in 2016? Does the Democratic Party have a realistic chance of winning in 2020, as the Democratic Party nominee will realistically win just a little bit more of the popular vote than Trump?
UIAnother answer gave a nice map of the states Trump won in 2016. Let me add a little different analysis.In the end, Trump won because of razor-thin margins in Wisconsin (27K votes, 10 EVs), Michigan (11.6K votes, 16 EVs), and Pennsylvania (68K votes, 20 EVs). Flip those three states and Trump’s 306–232 win becomes a 278-260 loss.What happened in those three states in 2018?Wisconsin: Baldwin (D) won the Senate race by 289K votes. Evers (D) won the governor’s race by 30K votes.Michigan: Stabenow (D) won the Senate race by 275K votes. Whitmer (D) won the governor’s race by 405K votes.Pennsylvania: Casey (D) won the Senate race by 637K votes. Wolf (D) won the governor’s race by 836K votes.If no other states flip either way, you’d have to say that it looks pretty unlikely that Trump can carry those three in 2020. And what might flip?Arizona (11 EV) - Trump won by only 85K votes in 2016. Kyrsten Sinema won a squeaker here in 2018.Ohio (18 EV) - Trump won by 455K votes here in 2016. Sherrod Brown (D) just won a Senate seat here by 280K votes. Again, possible but probably not likely.Florida (29 EV) - A very close race for both Senate and Governor in 2018. How much will restoring voting rights for felons change the landscape in 2020?North Carolina (15 EV) - Widely considered red because of a 10/3 split in the House delegation, but the net popular vote in House races in 2018 only has a 75K vote margin for Republicans. The wonders of gerrymandering.And I’m simply not seeing any states that went for Hillary in 2016 that would seem at all likely to flip.Add in that the Democratic popular vote margin in the 2016 Presidential election was ~3 million votes, while in the 2018 House elections it was over 8 million and Trump’s continued sub-50% approval ratings, and, well….I’m not predicting the Democrats are going to win, but I see a lot more potential paths for the Dems to win than the GOP.
What is the angle in the radian between the hands of a clock at 3:30 A.M.?
While dealing such questions , divide it into two parts -1.For hour hand: we know that the hour hands moves 360 degrees in 12 hours . So in one hour it moves 360/12 = 30 degrees. Now, coverting the given time in hour format , we have- 3:30 = 3 hrs + 30/60 hrs , which gives 3.5 hrs. Thus the angle moved by hour hand in 3.5 hrs= 3.5×30 = 105 degrees.2.For minute hand: We know that the minute hand moves 360 degrees in 1 hr or 60 mins. So in 1 min it moves 360/60= 6 degrees. In the given question as 30 mins have gone by , the minute hand must have moved 30×6= 180 degrees.3. Angle between the two= 180–105= 75 degrees .Now, for coversion from degree to radian and vice versa , remember a simple rule-Given degrees / 180 degrees = given radians / pi( genrally use pie as it cancels off)Thus we have , Angle in radians = (75× 3.14)÷ 180 radians= 1.308 radians.Cheerss…..