Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 17, Problem 9E
(a)
To determine
The basic arbitrage equation.
(b)
To determine
Rewrite Equation (1) to solve the price of the idea.
(c)
To determine
The economic interpretation of the above result.
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Macroeconomics (Fourth Edition)
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