ps4 - of consumption in the current period. 2. Numerical...

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Economics 202 Name: _______________ Principles of Macroeconomics Professor Melick Problem Set #4 Due Monday February 11, 2008 1. Numerical Problem #8 from Abel and Bernanke Chapter 4, found on page 153. For parts c through f of this question, Abel and Bernanke state “. . he wants to have the same level of consumption in both the current and future period.” Assume that this statement means that the consumer wants the present value of consumption in the future period to equal the present value
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Unformatted text preview: of consumption in the current period. 2. Numerical Problem #2 from Abel and Bernanke Chapter 4, found on page 151. 3. Numerical Problem #5 from Abel and Bernanke Chapter 4, found on page 152. 4. Numerical Problem #6 from Abel and Bernanke Chapter 4, found on page 152. 5. Numerical Problem #7 from Abel and Bernanke Chapter 4, found on page 152. BONUS: Numerical Problem #3 from Abel and Bernanke Chapter 4, found on page 151....
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ps4 - of consumption in the current period. 2. Numerical...

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