On the Planet Homogenia, Every Consumer Who Has Ever Lived

question 20

Multiple Choice

On the planet Homogenia, every consumer who has ever lived consumes only two goods, x and y, and has the utility function U (x, y) = xy. The currency in Homogenia is the fragel. In this country in 1900, the price of good 1 was 1 fragel and the price of good 2 was 2 fragels. Per capita income was 96 fragels. In 2000, the price of good 1 was 4 fragels and the price of good 2 was 5 fragels. The Laspeyres price index for the price level in 2000 relative to the price level in 1900 is

• A) 3.25.
• B) 4.50.
• C) 3.
• D) 5.25.
• E) It is not possible to determine the Laspeyres price index from this information.

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Understand the concept of Body Mass Index (BMI) and how it is calculated.

Recognize the role of leptin in bodyweight regulation and its source in the body.

Comprehend the biological basis of eating behaviors, including the role of the hypothalamus and various hormones and neurotransmitters.

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Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, thus having a financial stake and certain rights in the company.

RMBCA

The Revised Model Business Corporation Act (RMBCA) is a set of model laws prepared by the American Bar Association to provide a standard for the governance of corporations.

Pre-incorporation Subscription

An agreement by an investor to purchase shares in a corporation that is yet to be formed, contingent upon the actual incorporation of the company.

Revoked

The action of withdrawing, cancelling, or annulling something previously granted, such as a license, privilege, or legal right.