Unformatted text preview: Final Endowment position position A c > a > b a B a > b > c b C b > c > a c Which person would use commodity b as money? _____ Return after class 9/20, at your Friday recitation, or to your TA’s mailbox outside Arps 410 by 4:00 PM Friday 9/22. Partial credit will be given for late homework. (80% for 1 class late, 50% if in by last class of quarter.) Cooperation on homeworks is permitted and even encouraged. However, you must complete, understand, and sign your own homework....
View Full Document
- Fall '07
- Economics, Microsoft Exchange Server, Commodity money, Preferences Initial Endowment