Economics 10b Study Guide - Final Guide: Shape Parameter, Contraction Mapping, National Debt Of The United States
13 Dec 2018
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Please use a separate blue book for each question and write the. Question number on the front of the blue book. Please put your exam number on each book. Please do not write your name on your blue books. True, false, or partially true (30 minutes): please explain whether the following statements are true, false, or partially true. F , then for any f 2 f; there exists an n su ciently large, so that. The equilibrium price of a unit of z is p units of x: note that no consumption occurs in this pre-market, only asset trading. What role does p play in this outcome: assume that the utility function in this economy, u; is increasing and. Explain your reasoning: now assume that u(c) = (cid:18)c (cid:0) (cid:11)c2. Barro questions (7. 5 minutes each, total of 60 minutes) Some are true/false/uncertain and are explicitly denoted as such. The quality of your explanation determines your grade: true/false/uncertain.
