Question: 3 Suppose that there is a shift in the representative consumer's preferences. Namely, the consumer prefers, given the market real interest rate, to consume less

3 Suppose that there is a shift in the representative consumer's preferences. Namely, the consumer prefers, given the market real interest rate, to consume less current leisure and more current consumption goods. Determine the

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5. How quickly can we manage to collect the information?

3. Tactical/strategic information.

3. To retrieve information from memory.