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    Exam 19: The Microfoundations of Consumption and Investment
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    According to Franco Modigliani's Life-Cycle Hypothesis, the Time of Life
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According to Franco Modigliani's Life-Cycle Hypothesis, the Time of Life

Question 87

Question 87

Multiple Choice

According to Franco Modigliani's life-cycle hypothesis, the time of life at which an individual should have the largest amount of wealth is at:


A) birth.
B) death.
C) retirement.
D) their parents' death.

Correct Answer:

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