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One of the properties of investor utility is that Marginal utility decreases with consumption Marginal utility increases with consumption O Increasing consumption decreases investor's utility
One of the properties of investor utility is that Marginal utility decreases with consumption Marginal utility increases with consumption O Increasing consumption decreases investor's utility O All of the above Question 20 1 pts In macro-finance models, risky assets Have low prices when investor's marginal utility has a positive correlation with the asset's payoffs Have low prices when investor's marginal utility has a negative correlation with the asset's payoffs Have high prices when investor's marginal utility has a negative correlation with the asset's payoffs O All of the above
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