Susie asks you for investment advice as she's not sure if she should invest in a Roth IRA or a Traditional IRA. She has a great job now and expects to have lower earnings and a lower marginal tax rate once she retires. Which would you recommend and why? Response should be a minimum of 100 words.

Nominal gross domestic producta. is a measure of the overall level of pricesb. measures the value of final goods and services produced within the borders of a given country during a given time period using current pricesc. measures the value of final goods and services produced within the borders of a given country during a given time period corrected for changing pricesd. only changes when the level of output changes

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Match the different financial task to their corresponding financial life cycle phases