For the table in part a of question 13 (click to enlarge): http://i.imgur.com/dBPOi.png, I don't get what the "for First" and "for Second" columns are for (I don't exactly get from which part of the question those columns are derived from) under the "Account Balance" section and would really appreciate it if someone could tell me. Like, first what? Second what? First and second account balances? If so, that doesn't make sense to me either.
Also, please don't treat me as if I know economics well because I don't but I am making an effort to learn it.
Thanks in advance!
Also, please don't treat me as if I know economics well because I don't but I am making an effort to learn it.
Thanks in advance!