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Assumptions and conditions in the Arrow-Debreu Equilibrium model
Essay specific features
Written by:
Marion P
Date added:
July 30, 2014
Level:
University
Grade:
A
No of pages / words:
3 / 699
Was viewed:
3762 times
Rating of current essay:
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...
displayed 300 characters
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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
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