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    Macroeconomics Study Set 38
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    Exam 16: Consumption
  5. Question
    ________ Is When Households Save to Hedge Against Uncertainty
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________ Is When Households Save to Hedge Against Uncertainty

Question 86

Question 86

Multiple Choice

________ is when households save to hedge against uncertainty.


A) Precautionary saving
B) A bond purchase strategy
C) Consumption smoothing
D) Utility maximization
E) Credit constraint

Correct Answer:

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