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Author Question: For a lender in a (c,c') graph, the optimal consumption bundle is A) to the left of the endowment ... (Read 70 times)

abern

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on: Jun 30, 2018
For a lender in a (c,c') graph, the optimal consumption bundle is
 
  A) to the left of the endowment point.
  B) to the right of the endowment point.
  C) on the endowment point.
  D) dependent on other factors.

Question 2

As income rises ________.
 
  A) the number of transactions households and firms undertake should increase
  B) wealth also rises
  C) demand for real money balances should increase
  D) all of the above
  E) none of the above


izzat

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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