Consider an OLG model in which N0 = 100, and the gross population growth rate is equal to n. Each individual only receives y = 100 coconuts when he is young, and nothing when old. The monetary authority introduces either M = 1000 or M = 2000 units of gold in the first period, and distribute them equally among the old generation in that period. Gold can be used either as the medium of exchange or consumed like a regular commodity, and it yields a utility equal to 5 units of the endowment (~v = 5). Finally, suppose the individual preference is such that everybody wants to save, in real terms, y 1+ vt vt+1 . a. (4pts) Suppose gold can only be used as money, what is the value of v g t for n = 1, M = 1000 or 2000, and t = 1 or 2. b. (3pts) What is the rate of inflation pt+1 pt in each case, and what is the current (c1) and future (c2) consumption, respectively? c. (3pts) Which case is not stable and why? What is going to happen then? After the new equilibrium is restored, what is the amount of monetary gold and non-monetary gold, respectively?

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number.include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: