Why does strong mono tonicity implies local non satiation

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Q. If during a period of several months we observe the economy to be simultaneously increasing its level of output also employment, we could assume that the economy is in:

Q. Elucidate why does strong mono tonicity implies local non satiation but not vice versa?

Q. Compute the coupon payment Sam receives if he purchases a five-yr Treasury note. To do this, 1st enter the appropriate coupon rate also face value. After that compute the coupon payment Sam receives also enter this value as your answer

 

Reference no: EM1321523

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