Which of the Following Is Not a Reason to Expect

question 75

Multiple Choice

Which of the following is not a reason to expect the slope of a consumer's indifference curve for current and future consumption to be greater than 1 with an endowment along the 45° line?

• A) People are naturally impatient.
• B) One is never sure if he will be alive in the future.
• C) A unit consumed today offers memories of consumption into the future.
• D) A decline in interest rates.

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Definitions:

General Fund

The primary operating fund of a governmental entity, used to account for all financial resources except those required to be accounted for in another fund.