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  3. Study Set
    Macroeconomics Study Set 11
  4. Exam
    Exam 15: Expectations, consumption, and Investment
  5. Question
    Explain Why Consumption Is Less Volatile Than Investment
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Explain Why Consumption Is Less Volatile Than Investment

Question 16

Question 16

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Explain why consumption is less volatile than investment.

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At most,we would observe a one-for-one r...

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