The rate at which the consumer is willing to substitute second-09239
The rate at which the consumer is willing to substitute second period consumption for the first period consumption is known as:
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.8.
The rate at which the consumer is willing to substitute second period consumption for the first period consumption is known as:
Marginal rate of substitution
Rate of discounting
Rate of inflation
Interest rate