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    Macroeconomics Study Set 30
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    Exam 16: Consumption
  5. Question
    The\(\beta\) In the Lifetime Utility Function Represents: A) Consumption B) the
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The β\betaβ In the Lifetime Utility Function Represents:
A) Consumption
B) the

Question 29

Question 29

Multiple Choice

The β\betaβ in the lifetime utility function represents:


A) consumption
B) the level of uncertainty
C) any number greater than one
D) consumer patience
E) life expectancy

Correct Answer:

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