2. HPLC is frequently used in the laboratory. List 4advantages and 4 disadvantages of HPLC. (10 分)

2. Suppose that the Central Bank raises the interest rate at whichthe average household can borrow and lend. Assume that thetypical household behaves according to Irving Fisher's two-periodmodel, that consumption in both periods is a normal good, andthat households are initially savers. Illustrate graphically how theincrease in the interest rate in period one affects consumption inboth periods. (10 分)

2. HPLC is frequently used in the laboratory. List 4advantages and 4 disadvantages of HPLC. (10 分)

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