Multiple Choice
A consumer is a borrower if
A) the consumer's indifference curves are relatively steep.
B) the consumer's indifference curves are positively sloped.
C) optimum current consumption is greater than current disposable income.
D) future disposable income is greater than current disposable income.
E) optimum current consumption is less than current disposable income.
Correct Answer:
Verified
Correct Answer:
Verified
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