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Ao9 Ao9
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Posts: 1908
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8 years ago
If we represents a two-period consumer's lifetime wealth and r denotes the real rate of interest, the horizontal (current consumption) intercept of the consumer's budget line is equal to
A) we.
B) (we/(1 + r)).
C) (1 + r)we.
D) ((1 + r)/we).
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
Solved!!
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8 years ago
Please mark it solved once you get a chance.
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