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A Two-Period Model: Consumption–Savings Decision and Credit Markets

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The Consumption Function

  • Guided course
    1 = MPC + MPS
    02:45
  • Guided course
    Equation of the Consumption Function
    02:49
  • Guided course
    Marginal Propensity to Consume and Save
    04:20

Determinants of Consumption and Saving

  • Guided course
    Determinants of Consumption and Saving
    05:13

Introduction to Fiscal Policy

  • Guided course
    Introduction; Discretionary Policy and Automatic Stabilizers
    09:33