Seaver books, a small book publishing company, wrote off the debt of the learning center, and the academy of basic education, both small private schools, after it determined that the schools were facing serious financial difficulty. no notice of the action was sent to the schools; seaver books simply stopped sending bills. nearly a year later, the learning center was given a large endowment and a government grant. the resulting publicity brought the school to the attention of seaver books, which immediately reinstated the account, and sent a new bill to the school, including interest for the entire time the debt was outstanding. no further action was taken regarding the academy of basic education, which was still operational. did seaver books act ethically in reinstating the debt of one client, and not the other? explain.

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?

3. saving two consumers, larry and jeff, have utility functions defined over the two periods of their lives: middle age (period zero) and retirement (period 1). they have the same income in period 0 of m dollars and they will not earn income in period 1. the interest rate they face is r. larry’s and jeff’s utility functions are as follow. = 0.5 + 0.5 and = 0.5 + 0.5 for each person is between zero and one and represents each consumer’s temporal discount econ 340: intermediate microeconomics. ben van kammen: purdue university. rate. a. write the budget constraint that applies to both jeff and larry in terms of consumption in each period and ), interest rate, and m. b. what is larry’s and what is jeff’s marginal rate of intertemporal substitution? c. what is the slope of the budget constraint? d. write each consumer’s condition for lifetime utility maximization. e. re-arrange the conditions from part (d) to solve for the ratio, . f. if > which consumer will save more of his middle age income? g. if > 1 1+ , in which period will larry consume more: = 0 or = 1?