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    Principles of Macroeconomics Study Set 12
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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    The Path of Consumption Over a Lifetime Is Likely to Be
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The Path of Consumption Over a Lifetime Is Likely to Be

Question 10

Question 10

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The path of consumption over a lifetime is likely to be much more stable than the path of income.

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