AVOID hand written solution

1. Answer BOTH of the following two independent parts: A) To pay for all the expenditure on the COVID stimulus packages, President Biden raised the income tax of the wealthy (remember, he promised he would not raise taxes on the middle class, though I am not holding my breath) by 50%. Discuss how this affects price of milk and real estate price in Beverly Hills. Be as clear as you can given the time constraint B) If apples are $1 per pound while bananas are $2 a pound. Paula should spend her last $1 on apples. True or false? Why