=+c. Let p be the price of current consumption in terms of future consumption (and let the
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=+c. Let p be the price of current consumption in terms of future consumption (and let the price of future consumption be normalized to 1). Illustrate a competitive equilibrium.
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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