Solved

If You Live T Periods

Question 28

Multiple Choice

If you live T periods, If you live T periods, ,R = 0,and with logarithmic utility;the marginal propensity of income is approximately equal to: A) 1/T B) T C) 1/2 D) E)
,R = 0,and with logarithmic utility;the marginal propensity of income is approximately equal to:


A) 1/T
B) T
C) 1/2
D) If you live T periods, ,R = 0,and with logarithmic utility;the marginal propensity of income is approximately equal to: A) 1/T B) T C) 1/2 D) E)
E) If you live T periods, ,R = 0,and with logarithmic utility;the marginal propensity of income is approximately equal to: A) 1/T B) T C) 1/2 D) E)

Correct Answer:

verifed

Verified

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

Related Questions

Q23: Use Figure 15.1 to answer the following

Q25: Consider consumption in two periods, <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg"

Q26: Which of the following is not household

Q27: The Euler equation states:<br>A)"The total supply of

Q29: Consider two time periods: t and k.Which

Q30: Suppose <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg" alt="Suppose ,

Q32: The intertemporal budget constraint is written as:

Q33: If consumption exhibits diminishing marginal utility,then:<br>A)utility can

Q36: Which of the following summarize the findings

Q43: Household consumption accounts for about one-half of