Intertemporal Budget Constraint 
-Referring to the table above,the present discounted value of initial wealth plus total income is ________.
A) $67,308
B) $71,200
C) $70,400
D) $68,462
Correct Answer:
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Q1: Which of the following is not true
Q2: An intertemporal budget constraint is downward sloping
Q4: Which of the following is the correct
Q5: Consumption spending comprises what percentage of total
Q6: In the equation S = Y -
Q7: Assuming no bequests,with a real interest rate
Q8: Discounting involves dividing next-period income by _.
A)one
Q9: Intertemporal Budget Constraint Q10: The optimal level of consumption is achieved Q11: If an indifference curve intersects the budget
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