Assignment3 - b) A typical Life Cycle Pattern of...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Macroeconomics 3140-001 Prof. Levon Barseghyan Assignment 3 All problems are from Abel, Bernanke, and Croushore Chapter 4 Numerical Problems: 3, 5, and 6 Analytical Problems: 1, 2 Here is another problem. You are at a job interview. You are asked to characterize the main idea behind: a) Permanent Income Hypothesis;
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

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 wont read anything in excess . Be precise. Due date: in section Wednesday, September 24....
View Full Document

This note was uploaded on 10/12/2008 for the course ECON 361 taught by Professor Besh during the Fall '08 term at Cornell University (Engineering School).

Ask a homework question - tutors are online