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Lisa likes to have 1 bagel (X) with 2 packets of cream cheese (Y) for breakfast. Her breakfast budget is $10, and the price of a bagel is $3.50 and each packet of cream cheese is $0.75. a. (8 pts) What is Lisa’s optimal choice for breakfast? Illustrate her optimal choice on a graph, using indifference curve-budget line analysis. b. (4 pts) Suppose that the price of a bagel increases to $5. What is Lisa’s optimal choice for breakfast now? You do not need to illustrate this new choice in a graph.
Explain how will the bank respond to the withdrawal. Suppose that the bank responds to insufficient reserves by reducing the amount of deposits it holds until its level of reserves satisfies its required reserve ratio.
What criteria would you apply to determine where such a policy is or is not successful. Judging from your own stated criteria, was Japan's exercise successful.
Show a point that is impossible for the economy to achieve. Show a point that is feasible but inefficient.
What do you think he would suggest as an economic plan for our economy. Would they agree or disagree with the current policies.
Elucidate use blue points (circle symbol) to plot the federal debt as a percentage of nominal GDP for each of the six years.
Define ways MNCs can use to minimise/reduce/manage exposure to exchange rate risk and interest rate risk. Does evidence indicate that firm size significant.
Justify your answer using at least two analytical techniques and presenting the information graphically.
Illustrate what is now the effect on gold consumption also mining of an increased utilize of gold as money.
Illustrate what are the long run equilibrium price, quantity of a single firm and the industry output. How many firms are in the market.
How is law of diminishing returns reflected in shape of total product curve. Illustrate what is relationship between diminishing returns and stages of production.
Explain this result in terms of the example in the question above. How might things change if the border were open, with no restrictions on immigration?
Elucidate what would the seller's cost of capital have to be in order for the discount to be cost justified.
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