J L Intermediate Macroeconomics Exam 3 1. Consider the following problem: max 2′; tnct) + ln(1 n,)]| nk”: F: c, + It,” = Akfnf” where n, is the…
September 3, 2020
Work through the National Budget Simulation (Links to an external site. ) in an effort to achieve a budget deficit of $1100B dollars….
September 3, 2020

Jon Brooks quit his job in a bicycle shop, where he earned $15,000 per year to become a graduate student in economics. At the university he attended, he spent $2,000 on books, $1,000 on cough medicine, but he now earned $12,000 as a part-time economics instructor. What were Jon’s opportunity costs of attending college?

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