Question
In the world of Easteros, you are the leader of the crown, ruler of the kingdom, unifying a number of hostile families. To help you
In the world of Easteros, you are the leader of the crown, ruler of the kingdom, unifying a number of hostile families. To help you make decisions, you have a small council made of Lord Barys, Little Toe, and Maester Ryscell. Your kingdom has the following functions:
C=410+0.5Y-T-50r I=450-150r L=0.5Y-200r Y=1850 T=200 G=200 M=3560
- What is the investment level in the long run?
The population is now calmed; however, the investment level is extremely low, and you are afraid it will eventually cause a decrease of productivity. Once more you summon your council with the hope to increase the total investment in the long run:
- Little Toe suggests to cutting off the supply of luxury goods to decrease consumption to
C=430+0.5Y-T-50r
- Ryscell suggests reducing the expenses of the crown to shelters so that G=150
- Barys suggests bringing a new technology of levers from an eastern land to improve investment to
I=460-150r
- Who would you listen to?
- Little Toe
- Ryscell
- Barys
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started