Consumption Smoothing Refers to

Multiple Choice

Consumption smoothing refers to

A) the tendency of consumers to seek an income path over time that is smoother than consumption.
B) balance savings with consumption over time.
C) the tendency of all consumers to choose the same amount of current consumption.
D) the tendency of consumers to seek a consumption path over time that is smoother than income.
E) consumer's concerns about going heavily into debt.