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    Macroeconomics Study Set 26
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    Exam 15: Consumption
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    If ,ThenA)consumption Growth Is Negative
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If ,ThenA)consumption Growth Is Negative

Question 48

Question 48

Multiple Choice

If If   ,then: A) consumption growth is negative. B) you began to do precautionary saving. C) permanent income is constant. D) you save more. E) wealth declines.
,then:


A) consumption growth is negative.
B) you began to do precautionary saving.
C) permanent income is constant.
D) you save more.
E) wealth declines.

Correct Answer:

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