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Author Question: Which of the following individuals is responsible for developing the life cycle theory of ... (Read 54 times)

ahriuashd

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Which of the following individuals is responsible for developing the life cycle theory of consumption?
 
  A) Friedman
  B) Modigliani
  C) Keynes
  D) Lucas

Question 2

With a constant nominal interest rate equal to i, the present discounted value of 1.00 to be received 4 years from today is equal to
 
  A) 1 + i.
  B) i4.
  C) (1 + i)4.
  D) 1/(1 + i) 4.
  E) 4(1 + i).



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patma1981

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Answer to Question 1

B

Answer to Question 2

D




ahriuashd

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


jordangronback

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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