How do consumers save in the two-period model? In the two-period model, consumers save in ▼bonds. both the current and future period. the future period. If savings is positive, then the consumer is a the current period. ▼and if savings is negative, then the consumer is a ▼ A lender bonds, while a borrowe

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.1P
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options for the blanks

option fo blank #2 and #3: borrowe, lender

option fo blank #4 and #5: buys, sells

How do consumers save in the two-period model?
In the two-period model, consumers save in
bonds.
If savings is positive, then the consumer is a
both the current and future period.
the future period.
the current period.
▼and if savings is negative, then the consumer is a
▼ A lender
bonds, while a borrower
Transcribed Image Text:How do consumers save in the two-period model? In the two-period model, consumers save in bonds. If savings is positive, then the consumer is a both the current and future period. the future period. the current period. ▼and if savings is negative, then the consumer is a ▼ A lender bonds, while a borrower
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