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What is the price of future consumption in terms of current consumption? Part 2 If r is the real interest rate on each bond, then
What is the price of future consumption in terms of current consumption? Part 2 If r is the real interest rate on each bond, then the price of future consumption in terms of current consumption is 1 plus r. StartFraction 1 Over r EndFraction . StartFraction 1 Over 1 plus r EndFraction . r
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
