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    Macroeconomics Study Set 38
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    Exam 16: Consumption
  5. Question
    Figure 16.6: Personal Savings Rate
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Figure 16.6: Personal Savings Rate

Question 103

Question 103

True/False

Figure 16.6: Personal Savings Rate Figure 16.6: Personal Savings Rate   -According to one study, consumption expenditure falls about 17 percent when an individual retires, but remains, more or less, unchanged when all that is considered is food purchases.
-According to one study, consumption expenditure falls about 17 percent when an individual retires, but remains, more or less, unchanged when all that is considered is food purchases.

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