Question
if consumption falls below a certain minimum level (call it c_min), individuals cannot save. How does this change the gross investment curve, depreciation line, and
if consumption falls below a certain minimum level (call it c_min), individuals cannot save. How does this change the gross investment curve, depreciation line, and net investment curve?
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Economics Principles and Policy
Authors: William Baumol, Alan Blinder
13th edition
1305280595, 1305280598, 9781305465626 , 978-1305280595
