In the real intertemporal model with investment the firm


True of False and Explain why:

1. In the real intertemporal model with investment, the firm can convert capital one-for-one into consumption good at the end of the future period.

2. In the real intertemporal model with investment, the firm maximizes current profits plus future profits.

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Business Economics: In the real intertemporal model with investment the firm
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