Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: A consumer is making saving plans for this year and next. His real income in the current period is y=120, and income in the future period is yf=131. He pays taxes t=20 in the current period and tf=10 in the future period. Any part of income saved this year will earn a real interest rate of 10% between this year and next year. Currently, the consumer has no wealth (no money in the bank or other financial assets, and no debts). There is no uncertainty about the future. The consumer wants to enjoy exactly the same amount of consumption this year and next year and have neither assets nor debts at the end of next year.
(a) Calculate the present value of lifetime resources (PVLR) for this consumer.
(b) Draw this consumer's budget constraint.
(c) Find this consumer's optimal lifetime consumption plan, (c, cf).
(d) Is this consumer a current saver or a current borrower? Explain.
(e) Now suppose that consumer's income y=141. How does this affect the amounts that the consumer should save and consume?
What are the benefits and limitations of Amazon's online retail model? How does Amazon.com change the market for shopping other products such as clothes, shoes, etc?
A small plant has been constructed and the costs are known. A new plant is to be estimated with the use of the exponential (power sizing) costing model.
Using the cigconsump dataset, generate a list of the stated correspondent to the far western states: Washington, Oregon. California Nevada, Utah Idaho.
the abc company is a small manufacturing company operating in a highly competitive industry. you are employed by the
List the four components of Gross Domestic Product(GDP) and provide an example of each. Explain how each item affects you and the way that you live today.
If you and your partner are required to work together on a number of projects throughout the semester, what other possible equilibrium might you be able to sustain?
Let velocity be 3 and the money supply be $500. If we assume that velocity is independent of the price level, what is the aggregate demand curve?
Consider how much capital goes to property owners. Understand the term factors of production and the three most important factors of production.
Describe the key themes of your campaign and link them to how your business, service, or product will satisfy your target market needs.
assume that the bank of ecoville has the following balance sheet and the fed has a 10 reserve requirement in
Identify two non-price variables such as customer income or demographics, advertising, prices charged for related goods or services, or interest rates that affect the demand for the products or services you identified in your selection.
Sketch the regions where the vector field points in different directions. What are the equilibrium points for this system?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd