Question: The following statement(s) that make assertions concerning the allocation of consumption across time periods A) The level of utility attainable depends on the individuals original

The following statement(s) that make assertions concerning the allocation of consumption across time periods

A) The level of utility attainable depends on the individual’s original endowment and the investment opportunities available to him.

B) At equilibrium, the personal discount rate always equals the rate of return on investment.

C) A change in the rate of return on investment induces a change in intertemporal consumption.

D) All of the above.


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