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    Intermediate Microeconomics Study Set 1
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    Exam 9: Intertemporal Choice-Part A
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    It Would Be a Mistake to Choose the Investment That
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It Would Be a Mistake to Choose the Investment That

Question 40

Question 40

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It would be a mistake to choose the investment that maximizes the present value of your income stream unless you planned to spend your entire wealth in the current time period.

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