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For a Buyer in the Lagos-Wright Model
A) One Unit 11+s\frac { 1 } { 1 + s }

Question 14

Multiple Choice

For a buyer in the Lagos-Wright model


A) One unit of utility in the next period is equal to 11+s\frac { 1 } { 1 + s } units of current utility.
B) One unit of utility in the future is equivalent to one unit of utility today.
C) One unit of utility in the next period is equal to 2 units of current utility.
D) One unit of utility in the next period is equal to zero units of current utility.
E) One unit if utility in the next period is equal to 1+s1 + s units of current utility.

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