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Essay

Assumptions and conditions in the Arrow-Debreu Equilibrium model

Essay specific features

 

Issue:

Business

 

Written by:

Marion P

 

Date added:

July 30, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 699

 

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3772 times

 

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Essay content:

Households Households are fund provider to other finance player, no matter under which financing way (direct or indirect finance) the fund is provided. From the disposable income that they get, households will allocate some for consumption. The portion that has not been consumed called saving. Then the households can choose their own way of allocating those saving either for bank deposits (D+) or securities (Bh), or maybe both of them in their preferred proportion that can maximize its benefit...
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Households Households are fund provider to other finance player, no matter under which financing way (direct or indirect finance) the fund is provided. From the disposable income that they get, households will allocate some for consumption. The portion that has not been consumed called saving. Then the households can choose their own way of allocating those saving either for bank deposits (D+) or securities (Bh), or maybe both of them in their preferred proportion that can maximize its benefit...
displayed 300 characters

General issues of this essay:
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