1)Your grandparents would like to establish a trust fund that will pay you and your heirs $185,000 per year forever with the first payment […]

  Your manager, Jim, presents you with two specific issues and wants you to submit a memo with your answer. Question 1: Jim is about to […]

  Consider the following planning economy problem: max ct,kt+1 such that an k+1 = L + (1-5) kt In addition, Above: c is aggregate consumption; k […]