Multiple Choice
Which of the following is not a reason to expect the slope of a consumer's indifference curve for current and future consumption to be greater than 1 with an endowment along the 45° line?
A) People are naturally impatient.
B) One is never sure if he will be alive in the future.
C) A unit consumed today offers memories of consumption into the future.
D) A decline in interest rates.
Correct Answer:

Verified
Correct Answer:
Verified
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