Samantha Smoothie's Utility Function Is U(c₁, C₂)= C₁c₂, Where C₁

question 29

Multiple Choice

Samantha Smoothie's utility function is U(c₁, c₂) = c₁c₂, where c₁ is her consumption in period 1 and c₂ is her consumption in period 2.She earns $200 in period 1 and $220 in period 2.Samantha can borrow and lend at an interest rate of 10% and there is no inflation.The number of dollars that Samantha spends in the second period must be

• A)more than 200 but less than 220.
• B)exactly 220.
• C)more than 220.
• D)exactly 200.
• E)less than 200.

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Definitions:

Sexual Orientation

The inherent or enduring emotional, romantic, or sexual attraction that one feels towards others, categorized by the gender of those to whom one is attracted.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with their sex assigned at birth.

Gender Assignment

The determination of an infant's sex at birth, typically based on physical anatomy, and the societal roles and expectations associated with that sex.

Marital Satisfaction

Marital satisfaction is the measure of the happiness and contentment one or both partners feel within their marital relationship.