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    Exam 9: A Two-Period Model: The Consumption-Savings Decision and Credit Markets
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    The Desire to Smooth Consumption Is Reflected in
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The Desire to Smooth Consumption Is Reflected in

Question 37

Question 37

Multiple Choice

The desire to smooth consumption is reflected in


A) the consumer's budget constraint.
B) the curvature in a consumer's indifference curves.
C) choice between present and future.
D) the production possibilities frontier.

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