Question
F. Suppose the only thing preventing dynamic efficiency from being attained is that SRTP = 0.6PRTP. If the marginal propensity to save (MPS) is 10%,
F. Suppose the only thing preventing dynamic efficiency from being attained is that SRTP = 0.6PRTP. If the marginal propensity to save (MPS) is 10%, what is the social value of $1 of private investment?
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
