If We Represents a Two-Period Consumer's Lifetime Wealth And $r$ Denotes the Real Rate of Interest, the Horizontal (Current Consumption)

question 67

Multiple Choice

If we represents a two-period consumer's lifetime wealth and $r$ denotes the real rate of interest, the horizontal (current consumption) intercept of the consumer's budget line is equal to

• A) \(- ( 1 + r ) c + w e ( 1 + r )\).
• B) \(w e ( 1 + r )\).
• C) we.
• D) \(\frac { w e } { ( 1 + r ) }\).
• E) \(\frac { ( 1 + r ) } { w e }\).

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