Question

5. If µ =1/3, p = 1, A = 12, r* = 0.10, ? = 0.5 and y1 = 8, the adult income of a child from a \"rich\" household that makes the productively efficient choice of $g_2$ is a. 1.143 b. 6.934 c. 12.547 d. 22.882

          5. If µ =1/3, p = 1, A = 12, r* = 0.10, ? = 0.5 and y1 = 8, the adult
income of a child from a \"rich\" household that makes the
productively efficient choice of $g_2$ is
a. 1.143
b. 6.934
c. 12.547
d. 22.882
        
5. If µ =1/3, p = 1, A = 12, r* = 0.10, ? = 0.5 and y1 = 8, the adult
income of a child from a r̈ichḧousehold that makes the
productively efficient choice of g2 is
a. 1.143
b. 6.934
c. 12.547
d. 22.882

Added by Melanie M.

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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If mu =(1)/(3),p=1,A=12,r^(**)=0.10,eta =0.5 and y_(1)=8, the adult income of a child from a "rich" household that makes the productively efficient choice of g_(2) is a. 1.143 b. 6.934 c. 12.547 d. 22.882 5.If=1/3p=1,A=12,r*=0.10,=0.5 andy=8,the adult income of a child from a rich" household that makes the productively efficient choice of g2 is a.1.143 b.6.934 c.12.547 d. 22.882
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Transcript

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00:01 In this problem, the null states that the null states that it is false that family, it is false that family income exceed exceeds 25000.
00:29 The alternative hypothesis, the alternative hypothesis, the alternative hypothesis is the one you want to prove...
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