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    Exam 9: A Two-Period Model: The Consumption-Savings Decision and Credit Markets
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    Lifetime Wealth Is
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Lifetime Wealth Is

Question 63

Question 63

Multiple Choice

Lifetime wealth is


A) the quantity of assets the consumer has in the current period.
B) current income plus future income.
C) current income minus discounted future taxes.
D) the present value of disposable income.

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