economics and investment market书后22题
Holding all else constant, the change in Blake’s income will most likely result in:
an increase in his marginal utility of consumption.
an increase in his intertemporal rate of substitution.
a decrease in his required risk premium for investing in risky
(Institute 460)
Institute, CFA. 2018 CFA Program Level II Volume 6 Alternative Investments and Portfolio Management. CFA Institute, 07/2017. VitalBook file.
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此题我明白选项C是对的A是错的，选项B不知会如何变化，我知道未来财富增加会降低intertemporal rate of substitution，此题目是此人继承一笔遗产，也就是现有在财富增加
，这时intertemporal rate of substitution会如何变化？
除了未来财富下降，还有什么情况下这个rate会增加？
