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) -
C) -
D) - (1 + r) .
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: The desire to smooth consumption is reflected
Q38: The consumer's lifetime budget constraint states that<br>A)
Q39: If current income increases as much as
Q40: The endowment point is the consumption bundle
Q41: A one-period bond is a promise to
Q43: If we represents a two-period consumer's lifetime
Q44: If government spending is held constant and
Q45: In the data,which of the following is
Q46: A permanent increase in income leads to<br>A)
Q47: The government's present value budget constraint states