Assuming no bequests,with a real rate of interest of 10 percent,wealth of $60,000,current income of $70,000,future income of $180,000 and future consumption of $158,000,current consumption must equal ________.
A)$158,000
B)$150,000
C)$152,000
D)$130,000

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The Answer of Assuming no bequests,with a real rate of interest of 10 percent,wealth of $60,000,current income of $70,000,future income of $180,000 and future consumption of $158,000,current consumption must equal ________.
A)$158,000
B)$150,000
C)$152,000
D)$130,000

Assuming No Bequests,with a Real Rate of Interest of 10