This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assuming no bequests, with a real interest rate of 10 percent, wealth of 60,000, current income of ... (Read 78 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Assuming no bequests, with a real interest rate of 10 percent, wealth of 60,000, current income of 70,000, current consumption of 30,000 and future income of 100,000, future consumption equals ________.
 
  A) 30,000
  B) 70,000
  C) 100,000
  D) 210,000

Question 2

In the market for loanable funds the price of the funds exchanged is
 
  A) the price of bonds.
  B) the volume of bonds purchased.
  C) the volume of bonds sold.
  D) the interest rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


storky111

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

The role of leptin in regulating appetite and metabolic rate. The role of leptin in regulating appetite and metabolic rate.
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
A rigid circular loop has a radius of 0.20 m and is in the xy-plane. A clockwise current I is ... A rigid circular loop has a radius of 0.20 m and is in the xy-plane. A clockwise current I is ...
Video: Lower Limb Arteries Animation

For a complete list of videos, visit our video library