=+b. Solve for the optimal level of c1 as a function of r and r. For what
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=+b. Solve for the optimal level of c1 as a function of r and r. For what value of r is the household’s savings decision unaffected by the real interest rate?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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