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ECON 3102 - Consider a simple 2-period MONETARY model

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Subject: Economics
Due on: 08/11/2017
Posted On: 08/11/2017 05:19 AM

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Question from Intermediate Macroeconomics (ECON 3102) - Consider a simple 2-period MONETARY model. Suppose that the MARGINAL PROPENSITY TO CONSUME decreases (consumers spend a smaller share of their income on consumption). Explain how the equilibrium changes.
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ECON 3102 - Consider a simple 2-period MONETARY model

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