Arrow-Debreu Economy Quiz

$u(c) = rac{1}{c}$

$u(c) = ln(c)$ (correct)

$u(c) = c^2$

$u(c) = e^c$

$c_{a,i}^* = rac{ ext{Σ} q_i (z_i - 1 + h_i)}{ ext{π}_i q_i}$

$c_{a,i}^* = rac{q_i}{ ext{Σ} ext{π}_i (z_i - 1 + h_i)}$

$c_{a,i}^* = rac{ ext{Σ} ext{π}_i q_i (z_i - 1 + h_i)}{q_i}$

$c_{a,i}^* = rac{ ext{π}_i q_i}{ ext{Σ} q_i (z_i - 1 + h_i)}$ (correct)

$y(b)_i = z_i + 1 - h_i$

$y(b)_i = z_i - 1 - h_i$ (correct)

$y(b)_i = z_i - h_i$

$y(b)_i = z_i - 1 + h_i$

<p>$q_i = ext{π}_i z_i k$</p> Signup and view all the answers

<p>$c_{b,i}^* = rac{ ext{π}_i q_i}{ ext{Σ} q_i (z_i - 1 - h_i)}$</p> Signup and view all the answers