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August 1, 2014

Homework Help: Macroeconomics

Posted by Brenda on Saturday, March 6, 2010 at 3:01pm.

Can someone please explain this question to me? I have tried to pick out the key points but even then I do not know what to look up.

Your bank is developing a marketing campaign to appeal to new customers. In a meeting, your manager asked the following question: "Do individuals have any other economic responsibility rather than to maximize their own utility?" How would you respond to this question? How might the bank tie in the concept of utility maximization into the campaign?

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