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    Macroeconomics Study Set 38
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    Exam 16: Consumption
  5. Question
    The Utility Function Is Constructed in Such a Way That
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The Utility Function Is Constructed in Such a Way That

Question 109

Question 109

Multiple Choice

The utility function is constructed in such a way that consumption exhibits:


A) diminishing marginal utility.
B) total satisfaction.
C) a single period level of utility.
D) total lifetime income.
E) diminishing utility.

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