Question
A.under intertemporal consumption model, an increase in interest rate has both the substitution and income effects.With a help of appropriate diagrams discuss the welfare implications
A.under intertemporal consumption model, an increase in interest rate has both the substitution and income effects.With a help of appropriate diagrams discuss the welfare implications of a rise in interest rate.
B.List the major types and sources of unemployment
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
