You Are a Parent Living in the 2010s with a Child

question 38

Multiple Choice

You are a parent living in the 2010s with a child who continues to live in the 2020s after you die and a grandchild who lives in the 2030s and continues to live after your child dies. There are two goods, x and y. The utility function of your child is U₂ = 7x + 5y +

• A) U₁
• B) U₃
• C) U₂₀₃₀

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