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    Macroeconomics Study Set 38
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    Exam 16: Consumption
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    The Left-Hand Side of the Euler Equation, , Represents
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The Left-Hand Side of the Euler Equation, , Represents

Question 73

Question 73

Multiple Choice

The left-hand side of the Euler equation, The left-hand side of the Euler equation,   , represents the: A)  growth rate of income. B)  total lifetime consumption, in dollars. C)  lifetime utility function. D)  discount factor. E)  growth rate of consumption. , represents the:


A) growth rate of income.
B) total lifetime consumption, in dollars.
C) lifetime utility function.
D) discount factor.
E) growth rate of consumption.

Correct Answer:

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