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uppose the only source of the government's tax revenue is the lump-sum taxes collected from the representative household. Find the government's present-value intertemporal budget constraint.
uppose the only source of the government's tax revenue is the lump-sum taxes collected from the representative household. Find the government's present-value intertemporal budget constraint. Use G and G to represent government spending in the first and the second period, respectively
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
