A3. In the following diagram, the price of Good Y has decreased. What type of good is Good Y? Good Y Good X a normal good a non-Giffen inferior good a Giffen good a luxury good A4. Mr Dinero has a current income of 850 and a future income of $75. Which of the following represents the present value of his income endowment if the rate of interest is 0%? A. E50.00 E75.00 C. E125.00 none of the above A5 Within a two-period intertemporal choice setting, a consumer chooses to be a saver at an initial market rate of interest. Which of the following best describes what will happen to this individual when the rate of interest increases? they will be made better off they will increase their level of saving they will decrease their level of saving they may become a borrower