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Which of the Following Represents the Consumer's Lifetime Utility?
A) u(ctoday )+βu(cfuture )u \left( c _ { \text {today } } \right) + \beta u \left( c _ { \text {future } } \right)

Question 71

Multiple Choice

Which of the following represents the consumer's lifetime utility?


A) u(ctoday ) +βu(cfuture ) u \left( c _ { \text {today } } \right) + \beta u \left( c _ { \text {future } } \right)
B) βu(ctoday ) +u(cfuture ) \beta u \left( c _ { \text {today } } \right) + u \left( c _ { \text {future } } \right)
C) u(ctoday ) +(1+R) u(cfuture ) u \left( c _ { \text {today } } \right) + ( 1 + R ) u \left( c _ { \text {future } } \right)
D) ctoday +cfuture c _ { \text {today } } + c _ { \text {future } }
E) ctoday +(cfuture /1+R) =ftoday +ytoday +(yfuture /1+R) c _ { \text {today } } + \left( c _ { \text {future } } / 1 + R \right) = f _ { \text {today } } + y _ { \text {today } } + \left( y _ { \text {future } } / 1 + R \right)

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