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why people who are sophisticated but face borrowing constraint would increase consumption when they receive transfer payment?
why people who are sophisticated but face borrowing constraint would increase consumption when they receive transfer payment?
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Introduction To Management Science A Modeling And Cases Studies Approach With Spreadsheets
Authors: Frederick S. Hillier, Mark S. Hillier
5th Edition
978-0077825560, 78024064, 9780077498948, 007782556X, 77498941, 978-0078024061
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