According to the Neoclassical Model ___________ Over Their Lifetime,however One

Multiple Choice

According to the neoclassical model ___________ over their lifetime,however one study showed that ___________ at retirement.This puzzle was solved when two economist tested the neoclassical model using __________.

A) hold consumption constant;consumption rises sharply;purchases of RVs.
B) slow their consumption;consumption rises;data from Brazil
C) consumption smooth;consumption falls 17 percent;food consumption
D) don't maximize lifetime utility;they have zero income;dividend receipts
E) rely on transitory income;the discount factor is one;cost minimization