menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
  5. Question
    The Idea of the ________ Is That People Make Lifetime
Solved

The Idea of the ________ Is That People Make Lifetime

Question 87

Question 87

Multiple Choice

The idea of the ________ is that people make lifetime consumption plans.


A) life-cycle theory of consumption
B) invisible hand
C) law of demand
D) classical theory of investment

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q82: As the economy _, the size of

Q83: Over time, spending on _ is "smoother"

Q84: The wage rate that is adjusted for

Q85: Productivity fluctuates over the business cycle, tending

Q86: When your income decreases, which of the

Q88: When forming their expectations, firms gather information

Q89: The measured unemployment rate does not fall

Q90: The idea of the life-cycle theory of

Q91: Suppose that output in an economy is

Q92: Although the relationship between output and the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines