The neoclassical consumption model, a retirement perspective: consider the ial case solved in the text where b 1 and utility takes the log form. suppose the real interest rate is 5 percent. let's give this consumer a financial profile that might look like that of a middle-aged college professor contem- plating retirement: initial assets are foda,-$50,000, and the path for labor income is yroday $100,000 and y (a) what is the individual's human wealth? total wealth? (b) according to the neoclassical model, how much does the college professor yfuture = $10,000 consume today and in the future? how much does the college professor save todav? (c) if current labor income rises by $20,000, by how much will saving change? (d) by how much does consumption today rise if future labor income rises (e) if the interest rate rises to 10 percent, by how much do total wealth an (f) would it matter if the professor could not borrow? by $10,000? today's consumption change? by how much does saving change? why are these effects so much smaller than in exercise 1?

Achecklists should be based on past

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january

Which stage of group development involves members introducing themselves to each other?