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Author Question: Assuming no bequests, with a real interest rate of 10 percent, wealth of 60,000, current income of ... (Read 86 times)

storky111

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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.


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yahahah24021

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

D

Answer to Question 2

D


storky111

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

cpetit11

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Reply 3 on: Yesterday
Excellent

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