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    Principles of Macroeconomics Study Set 11
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    Exam 16: Household and Firm Behavior in the Macroeconomy: a Further Look
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    Explain the Life-Cycle Theory of Consumption
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Explain the Life-Cycle Theory of Consumption

Question 33

Question 33

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Explain the life-cycle theory of consumption.

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It is a theory of household co...

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