Q1. If Michael has $48 to spend on cola and pretzels, what combination should he purchase in order to maximize his utility?
Q2. Suppose the interest rate on new issues of Canada Savings Bonds is 5% per year and the federal income tax rate on nominal interest earnings is 40%. If the inflation rate is 3%, then an investor's after-tax real rate of return on Canada savings Bonds is
Q3. If you are near graduation and plan to start your new job in 3 weeks, how does the Bureau of labor statistics classify you? Unemployed, employed or notin labor force?