Chapter 7 – The Asset Market, Money, and Prices
2. (25 points total – assume a two period world as we did in class) A sports athlete named Ben earns $100K in year number one and only $60K in year number two. In addition, Ben receives a bonus in year one equal to $20K (please do not treat this $20K as income, it is a one time bonus!) There is no bonus in year two. ................
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