Question

Question 1:discuss on the contribution of the following personalities on economic development :
a)J.M. Keyness
b)David Ricardo

Question 2: Given Px=6a , Py=Px/a
a)find the budget constraint equation if Bo=2(Px+Py)
b)Find the value of a if the consumer purchases 10 units of Y and 7 units of X .

Answer 1

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