Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
A person can work up to 100 hours per week at 25 dollars per hour.
(a) Graph her budget constraint (consumption and leisure on the axis).
(b) Suppose that we want to improve her economic conditions with an income guarantee of 300 dollars Graph her new budget constraint.
Suppose Helen receives an endowment of 100 dollars in the first period, and 50 dollars in the second period. The interest rate is 10 percent.
(a) Write down the life time budget constraint.
(b) Graph her life time budget constraint (consumption in period 1 on the x-axis and consumption in period 2 on the y-axis).
(c) Write down the life time budget constraint if she receives 50 dollars in the first period and 100 dollars in the second period.
(d) Graph her new life time budget constraint (consumption in period 1 on the x-axis and consumption in period 2 on the y-axis).
(e) Graph her new life time budget constraint again if the interest rate is 20 percent.
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more