The First Order Condition from the Individual's Utility Maximization Problem $\frac { w } { c } = 1 / 2 \frac { 1 } { \bar { L } }$

Multiple Choice

The first order condition from the individual's utility maximization problem used to determine the labor supply curve is:

A) $\frac { w } { c } = 1 / 2 \frac { 1 } { \bar { L } }$
B) $c _ { \text {today } } = c _ { \text {future } } \cdot \frac { L } { \bar { \ell } }$
C) $\frac { c _ { \text {future } } } { c _ { \text {soday } } } = \beta ( 1 + R )$
D) $L = \frac { \bar { \ell } w } { c }$
E) None of these answers are correct.