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Ao9 Ao9
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Posts: 1908
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8 years ago
In the basic two-period model,
A) the government borrows at a lower interest rate than do consumers.
B) consumers do not default on their debts.
C) credit markets have frictions.
D) some consumers will always default on their debts.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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8 years ago
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8 years ago
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