chap09 - Macroeconomics,3e(Williamson) Chapter9 AReal 1) A

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  Macroeconomics, 3e  (Williamson)  Chapter 9   
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A Real  1) 
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consumer may increase her saving by  A) 
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working more  hours and consuming more goods in the present period.  B) 
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working more  hours and consuming fewer goods in the present period.  C) 
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working fewer  hours and consuming more goods in the present period.  D) 
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working fewer  hours and consuming fewer goods in the present period.  Answer:  
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Question Status:  
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Previous Edition 2) 
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The  condition,   MRS l,C   =   w,  describes the representative consumer's  A) 
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investment  decision.  B) 
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consumption  - savings decision.  C) 
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current period  work  -  leisure decision.  D) 
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future period  work  -  leisure decision.  Answer:  
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Question Status:  
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Previous Edition 3) 
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The  condition,   MRS l',C'   =  w',  describes the representative consumer's  A) 
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investment  decision.  B) 
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consumption  - savings decision.  C) 
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current period  work  -  leisure decision.  D) 
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future period  work  -  leisure decision.  Answer:  
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Question Status:  
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Previous Edition 4) 
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The  condition,   MRS C,C'   =  1  +   r,  describes the representative consumer's  A) 
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investment  decision.  B) 
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consumption  - savings decision.  C) 
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current period  work  -  leisure decision.  D) 
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future period  work  -  leisure decision.  Answer:  
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Question Status:  
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Previous Edition 5) 
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chap09 - Macroeconomics,3e(Williamson) Chapter9 AReal 1) A

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