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Alan has only two years in his life. He will earn $20,000 in year one and $11,000 in year two.Assume Alan saves $5000 in year 1 and the interest rate = 10%. a. How much (in dollars) does Alan consume in year 1? b. How much interest does Alan receive on his savings? How much does Alan receive in savings in year 2 (savings + interest)? How much does Alan consume in year 2? Include all this on the graph. c. Instead, if Alan saves $20,000 in year 1, then how much will he consume in year 2? How much will he spend in year 1? Instead, what is the most Alan can borrow against his future earnings? Now how much would he consume in year 1 if he borrowed all he could? How much would he have to spend in year 2? d. Graph the budget line, and include the endpoints. Since, by assumption, the consumption point in b is Alan's best choice, draw in his corresponding indifference curve for the consumption point in b. e. Congress often talks of reducing taxes on savings (and hence, increase the real return) with plans like IRAs etc., to increase savings. Show, using the concepts of income and substitution effects, that higher interest rate increases consumption in year 2 but may either increase or reduce the amount saved in year 1. (Hint: increase the interest rate to change the budget lines.) Graph the income and substitution effects.
estimate of the center of the circle for the call to nlm().
Pricing decisions often relate both to knowing your costs as well as to the strategy of pricing. Competition, loss leaders, and other elements may be discussed in the MD&A section. Emerging markets and product lines are also an issue for some compan..
The problem statement is, "To improve the advertising design in order to ensure better remembrance and impact on the audiences" Advertising is an essential element in the present day organizations
this is an individual assignment. You will design the administration program for a veterinary office: This office attends to three different kinds of animals: Dogs, Birds, and Fish. You are to capture these with their respective classes. Each subclas..
In System Analysis and Design: Automation Boundary - Why is the automating boundary significant?
Create flowchart and psuedo code for math program which permits the user to enter two separate numbers and choose one of four mathematical operations (add, subtract, mutiply, divide).
Suppose we want to store in the buffer objects of varying sizes, and varying read costs (such as Web pages, whose read cost depends on the site from which they are fetched). Suggest how a buffer manager may choose which block to evict from the buf..
Prove that PERM=POWER P, the obvious algorithm doesn't run in polynomial time as problem size is logarithmic (and no linear) with respect to the value of t.
Each week, you will explore a new game through the lens set up by the weekly material. For example, when working with Turing machines, you may wish to represent the concept through a game of Hangman.
Explain how the total number of nodes considered during the search could be reduced by conducting two searches at the same time-one beginning at the initial state while the other searches backward from the goal- until the two meet.
Utilizing your comprehensive security plan outline that is atttached as a guide, develop the business continuity and disaster recovery plan strategy for the organization. This is another piece that will go into the final paper
Compare and contrast the design and development processes in HCI.
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