Real saving in year one is:
A) real bonds plus capital in year 1 minus real bonds and capital in year 0.
B) bonds plus capital plus money period 1.
C) bonds plus capital in period 1.
D) interest times the sum of bonds plus capital in period 1.
Correct Answer:
Verified
Q15: In the one period budget constraint sources
Q16: Figure 7.1 Q17: A discount factor is used to deflate Q18: If the value of initial assets increases, Q19: The aggregate household budget constraint is consumption Q21: An income effect is the response of Q22: An increase in the interest rate: Q23: In the one period budget constraint the Q24: The measure used to reduce future consumption Q25: Utility in economics is:
A)makes future
A)a product with a
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