Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 15, Problem 7RQ
To determine

Impulse response function.

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empirical evidence that suggest that many consumers tend to spend all of their current disposable income immediately. Is this irrational?
Why would management use the maximin rule?
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