You have an avocado tree, growing 100 avocados this year, 0 next year. Neighbor's tree grows 0 this year, 200 next year. Let's say you save s avocados, and nber borrows b avocados. a) Under agreement "1 this year = 1 next year": s=b s>b sb s
You have an avocado tree, growing 100 avocados this year, 0 next year. Neighbor's tree grows 0 this year, 200 next year. Let's say you save s avocados, and nber borrows b avocados. a) Under agreement "1 this year = 1 next year": s=b s>b sb s
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CT: Chapter Test
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You have an avocado tree, growing 100 avocados this year, 0 next year.
Neighbor's tree grows 0 this year, 200 next year.
Let's say you save s avocados, and nber borrows b avocados.
a) Under agreement "1 this year = 1 next year":
s=b
s>b
s<b
b) Under agreement "1 this year = 3 next year":
s=b
s>b
s<b
c) In equilibrium, "1 this year = v next year". Solve for v.
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