Susan is creating a spreadsheet, and she needs to enter the months of the year in column a. susan should enter "january" in cell a1, "february" in cell a2, "march" in cell a3, "april" in cell a4, "may" in cell a5, "june" in cell a6, and "july" in cell a7 enter "january" in cell a1, place her mouse over the bottom right corner, and drag down enter "january" in cell a1 and press the tab key enter "january" in cell a1, highlight the cell, and use copy and paste commands

3. saving two consumers, larry and jeff, have utility functions defined over the two periods of their lives: middle age (period zero) and retirement (period 1). they have the same income in period 0 of m dollars and they will not earn income in period 1. the interest rate they face is r. larry’s and jeff’s utility functions are as follow. = 0.5 + 0.5 and = 0.5 + 0.5 for each person is between zero and one and represents each consumer’s temporal discount econ 340: intermediate microeconomics. ben van kammen: purdue university. rate. a. write the budget constraint that applies to both jeff and larry in terms of consumption in each period and ), interest rate, and m. b. what is larry’s and what is jeff’s marginal rate of intertemporal substitution? c. what is the slope of the budget constraint? d. write each consumer’s condition for lifetime utility maximization. e. re-arrange the conditions from part (d) to solve for the ratio, . f. if > which consumer will save more of his middle age income? g. if > 1 1+ , in which period will larry consume more: = 0 or = 1?

An employer takes a deduction from your paycheck for federal taxes. where does this money go? -the money is sent to the federal government to pay for goods and services for the community. -the money is sent to the mayor. -the money is sent to the federal government and deposited in a retirement account. -the money is sent to the social security fund.

As task uncertainty and interdependence increase, are a more effective coordination mechanism than