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

Question 35

Multiple Choice

With logarithmic utility, the Euler equation is given by:


A) β=(1/ctodev ) =(1+R) (1/cfuture ) \beta = \left( 1 / c _ { \text {todev } } \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) (cfuture /ctodey ) =β(1+R) \left( c _ { \text {future } } / c _ { \text {todey } } \right) = \beta ( 1 + R )
D) ctoday =cfuture β1+Rc _ { \text {today } } = \frac { c _ { \text {future } } \beta } { 1 + R }
E) (1ctoday ) =(1cfuture ) β(1+R) \left( \frac { 1 } { c _ { \text {today } } } \right) = \left( \frac { 1 } { c _ { \text {future } } } \right) \beta ( 1 + R )

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