Question: Suppose that in the demand side the person's utility function is the supply side be unchanged. U(c, ) In c + lnc, where 0
Suppose that in the demand side the person's utility function is the supply side be unchanged. U(c, ) In c + lnc, where 0 <
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To determine the equilibrium price for real bonds and understand how affects this price we need to analyze the utility function and its implications f... View full answer
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