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    Macroeconomics Study Set 11
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    Exam 15: Expectations, consumption, and Investment
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    Which of the Following Individuals Is Responsible for Developing the Life
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Which of the Following Individuals Is Responsible for Developing the Life

Question 21

Question 21

Multiple Choice

Which of the following individuals is responsible for developing the life cycle theory of consumption?


A) Friedman
B) Modigliani
C) Keynes
D) Lucas

Correct Answer:

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