menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Microeconomics Study Set 1
  4. Exam
    Exam 9: Intertemporal Choice-Part A
  5. Question
    The Intertemporal Budget Constraint for a Consumer Can Be Expressed
Solved

The Intertemporal Budget Constraint for a Consumer Can Be Expressed

Question 27

Question 27

True/False

The intertemporal budget constraint for a consumer can be expressed by setting the present value of her lifetime consumption equal to the future value of her endowment.

Correct Answer:

verifed

Verified

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

Related Questions

Q22: If the interest rate is less than

Q23: Molly has income $200 in period 1

Q24: Buzz is a chicken farmer.His earnings will

Q25: A newspaper article claims that more students

Q26: Roger's utility function is U = min{a<sub>1</sub>,

Q28: If a consumer can borrow and lend

Q29: Samantha Smoothie's utility function is U(c<sub>1</sub>, c<sub>2</sub>)=

Q30: Patience has a utility function U(c<sub>1</sub>, c<sub>2</sub>)

Q31: Molly has income $400 in period 1

Q32: Peregrine consumes ($1,300, $1,320)and earns ($1,000, $1,680).If

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines