Microeconomics
Microeconomics
13th Edition
ISBN: 9781337617406
Author: Roger A. Arnold
Publisher: Cengage Learning
Question
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Chapter 16, Problem 15QP

(a)

To determine

Identify the effect of advanced technology on the people’s rate of time preference and on the interest rate.    

(b)

To determine

Identify the effect of an increased threat of war on the people’s rate of time preference and on the interest rate.    

(c)

To determine

Identify the effect of growing older on the people’s rate of time preference and on the interest rate.    

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