Suppose
,
,R = 0.05;and assuming logarithmic utility,what is consumption in the future?
A)$75,000
B)$35,714.29
C)$39,375
D)$37,500
E)not enough information

Name: Suppose , ,R = 0.05;and assuming logarithmic utility,what is consumption in the future? A)$75,000 B)$35,714.29 C)$39,375 D)$37,500 E)not enough information
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Suppose 
, 
,R = 0.05;and assuming logarithmic utility,what is consumption in the future?
A)$75,000 
B)$35,714.29 
C)$39,375 
D)$37,500 
E)not enough information

Quizplus · Accepted Answer

The Answer of Suppose 
, 
,R = 0.05;and assuming logarithmic utility,what is consumption in the future?
A)$75,000 
B)$35,714.29 
C)$39,375 
D)$37,500 
E)not enough information

Suppose ,R = 0.05;and Assuming Logarithmic Utility,what Is Consumption in the Is