Question: 7) The Arrow-Pratt relative risk aversion coefficient is: Hx)= XU(x) U'(x) Show that the utility functions U(x)lIn(x) and U(x)-yxY have constant relative risk aversion coefficients

7) The Arrow-Pratt relative risk aversion coefficient is: Hx)= XU"(x) U'(x) Show that the utility functions U(x)lIn(x) and U(x)-yxY have constant relative risk aversion coefficients

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