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    Exam 14: Consumption and saving
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    Robert E.Hall's Theory of Consumption Behavior Is Called
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Robert E.Hall's Theory of Consumption Behavior Is Called

Question 21

Question 21

Multiple Choice

Robert E.Hall's theory of consumption behavior is called


A) the absolute-income hypothesis
B) the permanent-income theory
C) the random-walk theory
D) the buffer-stock theory
E) the life-cycle theory

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