Describe the effect of each of the following events on individuals rate of time preference and thus

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Describe the effect of each of the following events on individuals’

rate of time preference and thus on interest rates:

a. A technological advance that increases longevity

b. An increased threat of war

c. Growing older

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Microeconomics

ISBN: 9780357720639

14th Edition

Authors: Roger A. Arnold, Daniel R Arnold, David H Arnold

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Question Posted: Nov 01, 2024 07:00 AM

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Describe the effect of each of the following events on individuals rate of time preference and thus

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Microeconomics

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