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Differentiate with respect to t (x and y are functions of t) .
Indifference Curve
In economics, a curve that represents different combinations of goods or services among which a consumer is indifferent, showing preferences.
Risk-Free Asset
An investment that is expected to deliver its returns without any risk of financial loss, traditionally government bonds are considered close to risk-free.
Utility
The measure of the welfare or satisfaction of an investor.
Treasury Bills
Short-term government securities issued at a discount from their face value and maturing in one year or less, representing a secure, low-risk investment option.
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