The Consumer's Lifetime Utility Is Given As $c _ { \text {today } } + c _ { \text {ftuture } } ( 1 + R ) = f _ { \text {today } } + y _ { \text {today } } + y _ { \text {ftuture } } ( 1 + R )$

True/False

The consumer's lifetime utility is given as $c _ { \text {today } } + c _ { \text {ftuture } } ( 1 + R ) = f _ { \text {today } } + y _ { \text {today } } + y _ { \text {ftuture } } ( 1 + R )$