Question
If consumers become more patient that they want to consume less in the current period and consume more in the future period, then the level
If consumers become more patient that they want to consume less in the current period and consume more in the future period, then the level of desired capital stock will fall when the goods market is in equilibrium. Is this statement TRUE or FALSE or UNCERTAIN? Explain. No credit without explanation.
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
