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The Marginal Rate of Substitution of Future Leisure for Future

Question 8

Multiple Choice
The marginal rate of substitution of future leisure for future consumption must be equal to A) the real interest rate. B) savings in the current period. C) one. D) the future real wage. E) the relative price of current consumption in terms of future consumption.

The marginal rate of substitution of future leisure for future consumption must be equal to


A) the real interest rate.
B) savings in the current period.
C) one.
D) the future real wage.
E) the relative price of current consumption in terms of future consumption.

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