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    Macroeconomics Study Set 1
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    Exam 9: A Two-Period Model: The Consumption–Savings Decision and Credit Markets
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    Aggregate Consumption Is
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Aggregate Consumption Is

Question 62

Question 62

Multiple Choice

Aggregate consumption is


A) positively related to savings.
B) negatively related to real GDP.
C) more volatile than aggregate income.
D) less variable than aggregate income.
E) more variable than savings.

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