Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Question
Chapter 18, Problem 6E
(a)
To determine
The possible ways to change the spending and taxes to assure the budget constraint.
(b)
To determine
Impact of obeying the permanent income hypothesis on consumption.
(c)
To determine
The impact on private saving, total saving, and the investment in different scenarios.
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