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    Macroeconomics Study Set 38
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    Exam 16: Consumption
  5. Question
    An Implication of Figure 16.2 Is That Consumers
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An Implication of Figure 16.2 Is That Consumers

Question 3

Question 3

Multiple Choice

An implication of Figure 16.2 is that consumers:


A) smooth consumption.
B) are risk takers.
C) save all their income in period 1.
D) are risk neutral.
E) always consume An implication of Figure 16.2 is that consumers: A)  smooth consumption. B)  are risk takers. C)  save all their income in period 1. D)  are risk neutral. E)  always consume   . .

Correct Answer:

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