Suppose you earn just as much as your neighbor but are in
Suppose you earn just as much as your neighbor but are in much better health and expect to live longer than she does. Would you consume more or less than she does? Why? Derive your answer using the equation from the text, C=(WN/NL)×YL.
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suppose you earn just as much as your neighbor but are in much better health and expect to live longer than she does
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