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1. Suppose that δ = 0. Using the equations in (e), show that the consumer makes all planned durable purchases in one lump sum in the first period, and absent shocks, makes no further purchases thereafter.
2. Discuss the implication of (f) on the property of durable stock and durable expenditure in a linear-quadratic variant of this same simple case where income is stochastic. (Hint: You may want to look at the exercise 8.12 in Romer (4th edition).)
A major evolutionary trend among plants is: A reduction in size of the gametophyte and an increase in size of the sporophyte. A reduction in size of the sporophyte and an increase in size of gametophyte.
A corporation in the United States is about to expand its business globally. As part of this expansion, it will begin to sell its products in Europe and Asia. In addition, it plans to open a manufacturing plant in Asia. The president and chief execut..
provide an explanation of how bacterial species are defined. clearly state how the concept of a bacterial species differs from that of the biological species concept used with animals and plants.
A population of sexually reproducing organisms with non-overlapping generations has two alleles: A1 and A2; p is the frequency of A1, q is the frequency of A2 (p+q=1).
fungi that transform complex orgainic substances into rawmaterials that other orgsnisms can use are. fungi are classified by the way they:
Name the two parts of the skin and speak about their functions
contrast somatic cells and gametes with respect to their ploidy (diploid v. haploid), number of chromosomes in humans, and locations in the body of organisms
The foregut is the region that begins the digestive process by transforming large food chunks into a smaller chunky soup. The human stomach is a muscular sack of glands that secretes proteases and HCl.
There are four basic types of anomalies that can affect chromosomal structure: deletions, duplications, inversions, andtranslocations. Which of these rearrangements is likely to have themost severe effect on an individual's phenotype? Explain
A patient has blood with a pH of 7.35. Predict the direction of PCO2, for a condition which is consistent with respiratory acidosis. What compensation acts to restore pH to near the value of pH 7.4?
1. A 40 year old bird handler was admitted to the hospital with soreness over his upper jaw, progressive vision loss, and bladder dysfunction. He had been well 2 months earlier. Within weeks he lost reflexes in his lower extremities and subsequently ..
Fluid accumulates in bellies of children with kwashiorkor. Describe how protein helps regulate fluid balance to explain why this occurs?
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