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Suppose Consumer A has a utility function U(X,Y)= X+3Y. Consumer B's utility function is U(X,Y)= X*Y. Also there are a total of 18 units of good X and 9 total units of good Y. Using the Edgeworth Box, construct a contract curve. (please draw out picture of graph)
1. How many glasses of brandy and cigars are consumed during andevening 2. Now the sum of brandy and cigars consumed in the day isless than or equal 5. What's the optimal consumption under this constraint
What do you expect the 12-month forward rate by using the interest rate parity? Suppose the actual 12-month forward rate is 0.83. Would you like to invest in SF or Dollar now?
Which combination of fiscal policy actions would most contractionary for an economy experiencing severe demand-pull inflation.
Assume that Jim goes to work at age twenty-five, earns an average $40,000 a year for 40 years. He inherits $320,000 when he starts working. He expects to live to be 75.
Explain why would this be described as a Prisoner's Dilemma game.
A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth.
Illustarte what are the main costs of production for the good or service your organization supplies. Breakdown the costs from the largest to the smallest.
Melbourne, it is expected that by the end of this year the increase of new apartments into the market will far outstripped any increase in the demand for new apartments. Explain, with demand and supply diagrams, the impact on price and quantity fo..
A commercial bank has excess reserves of $10,000 and a required reserve ratio of 20%. It grants a loan of $8,000 to a customer, who then writes out a check for $8,000 that is deposited in another bank. The first bank will find its reserves decreas..
Illustrate what is the major pros of the real GDP measure. Construct a price index giving all products equal weight.
Submit a description of your proposed database application, some examples of potential attributes, your proposed DBMS, and a description of your DBMS experience/proficiency (novice, some experience, expert). Send all this to me in one file.
1. What is CEO Toback's most pressing concern and how could he go about addressing this concern 2. Do you agree or disagree with the assessment of the concern and the plan to address this concern Why or why not
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