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Author Question: For a household in a (c,c') graph, the optimal consumption bundle is A) to the left of the ... (Read 28 times)

tnt_battle

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For a household 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

The demand for real money balances ________.
 
  A) is downward sloping with respect to prices
  B) is downward sloping with respect to interest rates
  C) is downward sloping with respect to income
  D) all of the above
  E) none of the above



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hollysheppard095

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Answer to Question 1

D

Answer to Question 2

B




tnt_battle

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Reply 2 on: Jun 30, 2018
Excellent


nothere

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Reply 3 on: Yesterday
Gracias!

 

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