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    Exam 9: A Two-Period Model: The Consumption–Savings Decision and Credit Markets
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    According to Friedman,a Primary Determinant of a Consumer's Current Consumption
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According to Friedman,a Primary Determinant of a Consumer's Current Consumption

Question 6

Question 6

Multiple Choice

According to Friedman,a primary determinant of a consumer's current consumption is


A) current employment.
B) current levels of GDP.
C) rate of expected savings in the second period.
D) permanent income.
E) temporary income.

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