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With Logarithmic Utility, the Euler Equation Is Given By:
A) β(1/ctodav )=(1+R)(1/cfuture )\beta \left( 1 / c _ { \text {todav } } \right) = ( 1 + R ) \left( 1 / c _ { \text {future } } \right)

Question 48

Multiple Choice

With logarithmic utility, the Euler equation is given by:


A) β(1/ctodav ) =(1+R) (1/cfuture ) \beta \left( 1 / c _ { \text {todav } } \right) = ( 1 + R ) \left( 1 / c _ { \text {future } } \right)
B) ctoday =β(1+R) cfuture c _ { \text {today } } = \beta ( 1 + R ) c _ { \text {future } }
C) ctoday =cfuture c _ { \text {today } } = c _ { \text {future } }
D) ctoday +β(1+R) cfuture =1c _ { \text {today } } + \beta ( 1 + R ) c _ { \text {future } } = 1
E) (1/ctodey ) =β(1+R) (1/cfuture ) \left( 1 / c _ { \text {todey } } \right) = \beta ( 1 + R ) \left( 1 / c _ { \text {future } } \right)

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