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If a Person's Inter-Temporal Utility Function Is Given by

Question 17

Multiple Choice

If a person's inter-temporal utility function is given by If a person's inter-temporal utility function is given by   ,lower values for   Will: A) make this person more averse to consumption fluctuations. B) make this person less averse to consumption fluctuations. C) reduce overall consumption levels. D) reduce savings. ,lower values for If a person's inter-temporal utility function is given by   ,lower values for   Will: A) make this person more averse to consumption fluctuations. B) make this person less averse to consumption fluctuations. C) reduce overall consumption levels. D) reduce savings. Will:


A) make this person more averse to consumption fluctuations.
B) make this person less averse to consumption fluctuations.
C) reduce overall consumption levels.
D) reduce savings.

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