Category Fast answers

Your current disposable income is $10,000. There is a 10% chance of a storm damaging your home, causing damage that will cost $1900 to repair. (There is a 90% chance that nothing will happen.) Your utility function is U =…

In September 2015, the unemployment rate was 7.0 percent, the inflation rate was 0 . 1 percent, and the overnight loans rate target was 0.5 percent. In September 2017, the unemployment rate was 6 . 2 percent, the inflation rate…