What are the intertemporal substitution effects of an increase in the real interest rate? What are the

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What are the intertemporal substitution effects of an increase in the real interest rate? What are the aggregate effects of an increase in the real interest rate on current and future consumption, and current savings?

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Macroeconomics

ISBN: 9781292215792

6th Global Edition

Authors: Stephen Williamson

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Question Posted: Oct 14, 2024 10:00 AM

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What are the intertemporal substitution effects of an increase in the real interest rate? What are the aggregate effects of an increase in the real interest rate on current and future consumption,...
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What are the intertemporal substitution effects of an increase in the real interest rate? What are the

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Macroeconomics

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