Questions 1 & 2 Individual A Perfect 1:1 substitutes x-axis: one particular good – p 1 = 0.8 y-axis: all other goods – money, given that p 2 = 1 M = 120.
Asset Markets Let’s take a closer look at this market. Money Market Financial MarketBond Market Equities Market.
Equilibrium Income Keynesian Approach: AE d determines Y (income/output) produced Can there be limitations to this link? YES because interest rates and/or.
Who am I? Christopher Columbus August 3, 1492 – Columbus and three ships sail from Spain Born in Italy and sailed for Spain Purpose: Sail to Asia.
1.Pick a partner and make 15 flash cards. 2.Look up all 15 key terms, using the text. 3.One side write the word, on the other side write the definition.
Who am I?
