Question: Given the exponential utility function (Y) = e'Y , where 3 >0: (a) Does the function exhibit positive marginal utility and risk aversion? (b) Does

Given the exponential utility function (Y) = e'"Y , where 3 >0: (a) Does the function exhibit positive marginal utility and risk aversion? (b) Does the function have decreasing absolute risk aversion? (c) Does the function have constant relative risk aversion? (d) Interpret each of your ndings above

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