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  2. Is it better to be a borrower or a lender when ρ falls? Use indifference curve analysis to explain your answer.

Is it better to be a borrower or a lender when ρ falls? Use indifference curve analysis to explain your answer.

Posted by:Brian Posted on:Aug 19,2020
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1- Derive an algebraic expression for the inter-temporal budget constraint using c1 and c2 as period 1 and 2 consumption levels, p1 and p2 as period
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