Suppose ,R = 0.05;and Assuming Logarithmic Utility,what Is Consumption in the Is

question 92

Multiple Choice

Suppose
,
,R = 0.05;and assuming logarithmic utility,what is consumption in the future?

• A)$75,000
• B)$35,714.29
• C)$39,375
• D)$37,500
• E)not enough information

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