Question: 6. When the consumer chooses his or her optimal consumption bundle while respecting his or her budget constraint, what condition is satisfied? 7. How is

 6. When the consumer chooses his or her optimal consumption bundle

6. When the consumer chooses his or her optimal consumption bundle while respecting his or her budget constraint, what condition is satisfied? 7. How is the representative consumer's behavior affected by an increase in real dividend income? 8. How is the representative consumer's behavior affected by an increase in real taxes? 9. Why might hours worked by the representative consumer decrease when the real wage increases

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