Consider the overlapping generations model where each member lives for two time periods ‘t’ and (t+1). Assume that individuals work in time period ‘t’ and earn wage income, while they do not work in time period (t+1) and survive on interest income. Explain the impact of an increase in interest rate on consumption during time period ‘t’

Consider the overlapping generations model where each member lives for two time periods ‘t’ and (t+1). Assume that individuals work in time period ‘t’ and earn wage income, while they do not work in time period (t+1) and survive on interest income. Explain the impact of an increase in interest rate on consumption during time period ‘t’

IGNOU  Tutor Mark Assignment 2017-  All students who will appear in class B.A, B.COM, MA, M.COM, M.SC BED ETC  Examination held in December can find Tutor marks Assignment (TMA)  Online.  NIOS is conducting Public Examinations twice in a year i.e. October and April, respectively in the entire length and breadth of the country. In order to facilitate the learners to deposit Assignment on 30 SEPTEMBER for DECEMBER exam 2017.

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