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smitch6 smitch6
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6 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)  .
D)  .
E) -(1 + r)c + we(1 + r).
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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