Consider an economy with a shrinking stock of fiat money. Let Nt= N, a constant, and Mt= zMt−1for every period t, where z is positive and less than The governmenttaxes each old person τ goods in each period, payable in fiat money. It destroys themoney it collects. a. Find and explain the rate of return in a monetary equilibrium.
b. Prove that the monetary equilibrium does not maximize the utility of the futuregenerations. Hint: Follow the steps of the equilibrium with a subsidy, noting that atax is like a negative subsidy.
c. Do the initial old prefer this policy to the policy that maintains a constant stock offiat money? Explain.

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.

Allen's office department manufactures computer desks in its​ moosejaw, saskatchewan, plant. the company uses activity based costing to allocate all manufacturing conversion costs​ (direct labour and manufacturing​ overhead). its activities and related data​ follow: ​(click the icon to view the activity areas and related​ data.) requirements 1. compute the​ per-unit manufacturing product cost of standard desks and unpainted desks. 2. premanufacturing​ activities, such as product​ design, were assigned to the standard desks at $ 5 each and to the unpainted desks at $ 2 each. similar analyses were conducted of postmanufacturing​ activities, such as​ distribution, marketing, and customer service. the postmanufacturing costs were $ 31 per standard and $ 26 per unpainted desk. compute the full product costs per desk. 3. which product costs are reported in the external financial​ statements? which costs are used for management decision​ making? explain the difference. 4. what price should allen's managers set for standard desks to earn a $ 52 profit per​ desk?

What will be the total costs for tara's first year at the out-of-state college?