CHAPTER ONE HOMEWORK True or False The type of TV one owns is an example of an ordinal […]
Tag: parameter
Solve for the household’s optimal bundle (c*, h*). Your answer will depend on the parameter α. Suppose the government subsidizes housing by reimbursing a household for a fraction t of their spending h. The household only pays (1 − t)h out of their own pocket.
Problem Set 5 Due April 27th before Class Begins You may submit typed or scanned .pdf’s on the NYU classes […]