If each generation is self-sufficient, then r* = mpk because each person uses his saving to buy

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If each generation is self-sufficient, then r* = mpk because each person uses his saving to buy a ______ from a firm that buys a $100 ______ that raises firm revenue

$6 per year so the mpk is __% per year and the saver is paid r * = ______ %.

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Public Finance

ISBN: 9780073375748

1st Edition

Authors: Laurence S. Seidman

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