Economics QUESTION TWO a)Suppose May start working as Economic Lecturer at age 25 years and earn RM4,500 per month. She plans to retire at age 60 year and expected his lifetime is at age 80. i) Based on the information, calculate the annually total consumption for May's lifetime. ii) Assume after 5 years at work, May has beer promoted and his salary now and onward is RM6,000 per month. Calculate the annually tota consumption and saving for his lifetime. b) Explain how Monetary and Fiscal Policies car affect the decision on residential investment.

Economics QUESTION TWO a)Suppose May start working as Economic Lecturer at age 25 years and earn RM4,500 per month. She plans to retire at age 60 year and expected his lifetime is at age 80. i) Based on the information, calculate the annually total consumption for May's lifetime. ii) Assume after 5 years at work, May has beer promoted and his salary now and onward is RM6,000 per month. Calculate the annually tota consumption and saving for his lifetime. b) Explain how Monetary and Fiscal Policies car affect the decision on residential investment.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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