Unformatted text preview: b) A typical Life Cycle Pattern of consumption; c) Ricardian Equivalence. You have 30 seconds for each, i.e. THREE-FOUR sentences for ( not long paragraphs). We won’t read anything in excess . Be precise. Due date: in section Wednesday, September 24....
View Full Document
- Fall '08
- Macroeconomics, Bernanke, Milton Friedman, Permanent income hypothesis, Levon Barseghyan Assignment, Prof. Levon Barseghyan