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With respect to the inter-temporal consumption-savings model, if an investor has very steep indifference curves, then this means that: a. The investor is very patient.

With respect to the inter-temporal consumption-savings model, if an investor has very steep indifference curves, then this means that:

a. The investor is very patient.

b. The investor is more likely to value consumption tomorrow over consumption today.

c. The investor requires a big increase in todays consumption in order to accept a small decrease in tomorrows consumption.

d. None of the other options is correct.

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