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The Decrease in Lifetime Wealth Affects Consumption Demand by

Question 18

Multiple Choice

The decrease in lifetime wealth affects consumption demand by

A) -MPC(G2 - G1) .
B) MPC(G2 - G1) .
C) r(G2 - G1) .
D) (1 - MPC) (G2 - G1) .
E) does not affect it.

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