Question: If the patience parameter is one, the marginal propensity to consume is higher if the neoclassical consumption model has three periods instead of having two

If the patience parameter is one, the marginal propensity to consume

is higher if the neoclassical consumption model has three periods instead of

If the patience parameter is one, the marginal propensity to consume is higher if the neoclassical consumption model has three periods instead of having two periods. a) True b) False

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