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good explanations, formula, graphs , definitions used etc Q1. Atlas bonds pay 3% simple annual interest. Bacchus bonds pay 3% annual interest, compounded monthly. You

good explanations, formula, graphs , definitions used etc

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Q1. Atlas bonds pay 3% simple annual interest. Bacchus bonds pay 3% annual interest, compounded monthly. You have the choice of investing 10,000 today in either a 40year Atlas bond or a 40year Bacchus bond. How much greater is the future value of your investment if you put all of your money in Bacchus relative to putting it all in Atlas? (Round your answer to the nearest 100.) Q7. A rational consumer Eva has an income I and consumes only two goods: X and Y, priced at Px and Py. As Eva's income changes, or as the prices of the goods change, there are various curves we can map out to show how her choice of the optimal bundle changes: the price-consumption curve, the income-consumption curve, the Engle curve, the indifference curves, and so on. If you were to draw each of those curves on paper, which of them would be drawn in X, Y space (i.e. with axes measuring the quantities of X and Y, as opposed to I or Px or Py)? The price-consumption curve is drawn in X, Y space ii. The income-consumption curve is drawn in X, Y space iii. The Engel curve is drawn in X, Y space iv . The indifference curves are drawn in X, Y space

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