Draw a Two Period Budget Line Where the Borrow/lending Rate

question 23

Multiple Choice

Draw a two period budget line where the borrow/lending rate of interest,r,allows consumers to choose consumption in each of the two periods.C₁ and C₂ given their anticipated income on two periods,Y₁ and Y₂.The slope is

• A)r
• B)-r
• C)1 + r
• D)-(1 + r)

---

Definitions:

Perjury Prosecution

The legal process of charging and trying an individual with perjury, which is the act of lying or making misrepresentations under oath.

Euthanasia

The practice of intentionally ending a life to relieve pain and suffering, often through medical intervention.

Utilitarian Theory

A philosophical theory which posits that the best action is the one that maximizes utility, often defined in terms of the well-being of sentient entities.

Utilitarian/Consequentialist Theory

A normative ethical theory suggesting that the morality of an action is determined by its outcomes, with the best action maximizing utility or happiness.