Unemployment and Fiscal Policy Hidden in the depths of jungle there is a country named Wakanda. The official currency is the Wakandan Dollar and 40 million such dollars are currently in circulation. The matrix includes macroeconomic data for 2023. The prince has appointed you as economic advisor and
Three friends (Donald, Bob and Catherine) want to dine out. They may choose among an Italian, a Mexican and a Vietnamese restaurant. Their ordinal preferences are as follows: i) Donald: Italian < Mexican < Vietnamese ii) Bob: Vietnamese < Italian < Mexican iii) Catherine: Mexican < Vietnamese < Ital
Jancsi is a student trying to choose his college major. Initially, he considers only two options: architecture and business. Since Jancsi likes to think visually, he invents a way to represent his preferences in a graph like the one below, representing each major by a point and his preferences as ar
You and your best friend were planning to go on a trip a month ago. You have booked a hotel room in Marseille for 800, without cancellation option. Immediately, your friend found a tickets' offer for370 each and suggested you book them, too. Ignoring him, you waited and finally booked two tickets fo
