Question
Q1.You have income $2000 this year, $1000 next year Interest rate is i=0% at US Bank When we draw budget constraint on a graph (with
Q1.You have income $2000 this year, $1000 next year Interest rate is i=0% at US Bank When we draw budget constraint on a graph (with c on x-axis and c' on y-axis), the budget constraint intersects x-axis at ______.
Q2.You have income $2000 this year, $1000 next year Interest rate is i=0% at US Bank When we draw budget constraint on a graph (with c on x-axis and c' on y-axis), the budget constraint intersects y-axis at ______.
Q3.You have income $2000 this year, $1000 next year Interest rate is i=0% at US Bank We draw budget constraint on a graph (with c on x-axis and c' on y-axis). According to the budget constraint, if c=500, c'=______
Q4.You have income $2000 this year, $1000 next year Interest rate is i=10% at US Bank We draw budget constraint on a graph (with c on x-axis and c' on y-axis). According to the budget constraint, if c=500, c'=______
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