=+e. Suppose that instead of taxing or subsidizing interest rates, the government simply saves for the individual
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=+e. Suppose that instead of taxing or subsidizing interest rates, the government simply “saves for”
the individual by taking some of the individual’s current income e1 and putting it into the bank to collect interest for the future period. How will this change the individual’s behavior?
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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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