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consider the following utility function u x1x2where x1 and x2 are quantities consumed of two goods you are considering the actions of a consumer
suppose that mr chauncey gardener consumes two goods x1 and x2 his preferences can be described by the following utility function u x105x205he
consider the consumption decisions of rb turbo a new student at t university ms turbo has only available 1000 in monthly income to spend on
ok so the supply curve for goal in the us is perfectly elastic while the demand curve has the usual shape in 2011 the us used 1003 million tons of
bank a has a leverage ratio of 10 while bank b has a leverage ratio of 20 similar losses on bank loans at the two banks cause the value of their
assume that the following data describe the condition of the banking systemtotal
when the reserve requirement changes which of the following will change in the total banking system answer change or no changetransaction
how will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy the trade deficit and capital
many developing countries have suffered banking crises in which depositors lost part or all of their deposits in some countries there is no deposit
the financial crisis that hit the united states first and then the world economy starting in fall 2007 meant that the future prospects of many firms
if a country allows trade and for a certain good the domestic price without trade is lower than the world price a the country will be an
the consumption function of an economy is given byc 200075y-tand the investment function byi 200 - 25rgovernment purchases g and taxes tau are
shows the productivity for the countries pin and pangmachines breadpin 4 or 3pang 3 or 81 if the working population of pin and pang
1 which function of money is disrupted as a result of high inflation why2 the central bank of fiji has issued 1000000 in
suppose that lilistan has two types of citizens low-income citizens income 20000 and high-income citizens income 80000 interest income is currently
bobs bee is a small boutique honey manufacturer in texas bobs neighbor is jons james the more honey bob produces the more jam jon is
the city of johnstown decides to build a new stadium to attract a basketball team from the city of rosendale one economic advisor suggests
1 consider two projects the first project pays benefits of 90 today and nothing else the second project pays nothing today nothing
indicate whether each of the following statements is true false or uncertain and explain your answer your grade will depend primarily on the
40 points consider two consumers a and b a and b both want perfect consumption smoothing c cf and both have no current wealth however the two
consider two consumers a and b a and b both want perfect consumption smoothing c cf and both have no current wealth however the two consumers have
suppose the potential level of real domestic output q for a hypothetical economy is160 and the price level p initially is 200 use the following
normal 0 false false false en-in x-none x-none microsoftinternetexplorer4
effects of fiscal policy recently some legislators have called for tax increases to reduce the federal budget deficit conservatives have countered
suppose that a widget market is described by the following supply and demand equationssupply q 3pdemand q400 - pa solve for the equilibrium price