Microeconomics

Anonymous
timer Asked: Dec 17th, 2018
account_balance_wallet $15

Question description

Q1)Determine what happens in the endogenous growth model if the government attempts to discourage the time spent in education, by reducing subsidies to education.

Q2) If a consumer in the two-period credit market model is initially a lender, and the real interest rate falls, determine what the consumer does in response.

Q3) In the credit market model with asymmetric information, determine how a consumer will respond to a decrease in the fraction of bad borrowers in the population.

Q4) Suppose, in the real intertemporal model, that there is lower friction in credit markets. What are the equilibrium effects? Explain

Tutor Answer

Johndale44
School: University of Maryland

Hello buddy, he...

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Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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