QUESTION 13 Anna cares about her present and future consumption. Anna prefers consumption plan A to consumption plan B if and only if plan A provides Anna with a larger lifetime (aggregate) consumption than plan B: O a. Present and future consumption are perfect complements for Anna O b. If the interest rate is positive, an increase in the interest rate will increase Anna's present consumption Oc. If the interest rate is positive, Anna will save all her present income d. Anna neither saves nor borrows, for any interest rate O e. If the interest rate is positive, an increase in the interest rate will increase Anna's savings

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QUESTION 13
Anna cares about her present and future consumption. Anna prefers consumption plan A to consumption plan B if and only if plan A provides
Anna with a larger lifetime (aggregate) consumption than plan B:
O a. Present and future consumption are perfect complements for Anna
O b. If the interest rate is positive, an increase in the interest rate will increase Anna's present consumption
O c. If the interest rate is positive, Anna will save all her present income
O d. Anna neither saves nor borrows, for any interest rate
O e. If the interest rate is positive, an increase in the interest rate will increase Anna's savings
Transcribed Image Text:QUESTION 13 Anna cares about her present and future consumption. Anna prefers consumption plan A to consumption plan B if and only if plan A provides Anna with a larger lifetime (aggregate) consumption than plan B: O a. Present and future consumption are perfect complements for Anna O b. If the interest rate is positive, an increase in the interest rate will increase Anna's present consumption O c. If the interest rate is positive, Anna will save all her present income O d. Anna neither saves nor borrows, for any interest rate O e. If the interest rate is positive, an increase in the interest rate will increase Anna's savings
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