If $\beta ( 1 + R ) < 1$ , Then:
A) Consumption Growth Is Negative
B) You Began

question 73

Multiple Choice

If $\beta ( 1 + R ) < 1$ , then:

• A) consumption growth is negative
• B) you began to do precautionary saving
• C) permanent income is constant
• D) you save more
• E) wealth declines

---

Definitions:

Agave Leaves

The fleshy parts of the agave plant, used in various applications including the production of beverages like tequila and for making fibers.

Environmentally Responsible

Acting with consideration for the impact on the natural world, aiming to minimize harm to ecosystems and promote sustainability.

Intangible Concepts

Ideas or principles that cannot be physically touched or measured, but can be understood and have significance, such as freedom, justice, or love.

Physical Objects

Tangible items that can be seen, touched, and usually occupy space, in contrast to intangible concepts or services.