=+rate. How much does she consume in each of the three periods? (Hint: The marginal rate of

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=+rate. How much does she consume in each of the three periods? (Hint: The marginal rate of substitution between consumption in any two periods is the ratio of marginal utilities.)

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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