Multiple Choice
A good proxy for the flow of consumption services would be
A) aggregate consumption.
B) consumption of services and consumption of durables.
C) consumption of durables and consumption of nondurables.
D) consumption of nondurables and consumption of services.
E) consumption of durables and services.
Correct Answer:
Verified
Correct Answer:
Verified
Q32: Bonds are assumed to trade directly<br>A) through
Q33: Aggregate consumption is<br>A) positively related to savings.<br>B)
Q34: A consumer is a lender if<br>A) optimum
Q35: An increase in the real interest<br>A) increases
Q36: For a competitive equilibrium in a two-period
Q38: Consumption smoothing refers to<br>A) the tendency of
Q39: A key variable in intertemporal choice is<br>A)
Q40: Distorting taxes can invalidate Ricardian equivalence because<br>A)
Q41: The Ricardian equivalence theorem implies that<br>A) government
Q42: In the data, which of the following