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Utility function is U=Ct+1Ct. Interest rate r is 0.1.Yt+1 and Yt are 10 and 20, respectively. In closed economy, the utility level is Select one:
Utility function is U=Ct+1Ct. Interest rate r is 0.1.Yt+1 and Yt are 10 and 20, respectively. In closed economy, the utility level is Select one: a. 200 b. 30 C. 225 d. 10 e. 20
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