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Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969 Exercise 4
What are the similarities between the life-cycle and the permanent-income hypotheses Do they differ in their approaches to explaining why the long-run MPC is greater than the short-run MPC
Explanation
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Life-cycle (LC) hypothesis was propounde...
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
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