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  3. Study Set
    Macroeconomics Study Set 38
  4. Exam
    Exam 16: Consumption
  5. Question
    If You Live T Periods, , and
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If You Live T Periods, , and

Question 32

Question 32

Multiple Choice

If you live T periods, If you live T periods,   , and   , with logarithmic utility, the marginal propensity of income is approximately equal to: A)  1/T. B)  T. C)  1/2. D)    . E)    . , and If you live T periods,   , and   , with logarithmic utility, the marginal propensity of income is approximately equal to: A)  1/T. B)  T. C)  1/2. D)    . E)    .
, with logarithmic utility, the marginal propensity of income is approximately equal to:


A) 1/T.
B) T.
C) 1/2.
D) If you live T periods,   , and   , with logarithmic utility, the marginal propensity of income is approximately equal to: A)  1/T. B)  T. C)  1/2. D)    . E)    . .
E) If you live T periods,   , and   , with logarithmic utility, the marginal propensity of income is approximately equal to: A)  1/T. B)  T. C)  1/2. D)    . E)    . .

Correct Answer:

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