問題詳情
5.Consider an individual who lives for two periods, working in the last period of life (n2) andconsuming in the first (c1). The individual can consume in period one by borrowing at the market rateR. The production function and utility function of the individual are given as y2 = kn2 and U(c1, n2) =log(c1) - n2. What is the optimal value of n2?
(A) 1
(B) (1+R)/k
(C) 0
(D) 1/k
(E) k/(l+R)
參考答案
答案:[無官方正解]
難度:計算中-1
書單:沒有書單,新增