Solved

If We Represents a Two-Period Consumer's Lifetime Wealth and R 1(1+r) \frac{1}{(1+r)}

Question 55

Multiple Choice

If we represents a two-period consumer's lifetime wealth and r denotes the real rate of interest, the slope of the consumer's budget line is equal to


A) r × we.
B) - 1(1+r) \frac{1}{(1+r) }
C) - r(1+we) \frac{r}{(1+w e) }
D) - (1 + r) .
E) r(1 + we) .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions