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    Macroeconomics Study Set 39
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    Exam 16: Understanding Consumer Behavior
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    According to Franco Modigliani's Life-Cycle Hypothesis, the Time of Life
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According to Franco Modigliani's Life-Cycle Hypothesis, the Time of Life

Question 20

Question 20

Multiple Choice

According to Franco Modigliani's life-cycle hypothesis, the time of life at which an individual has the largest amount of wealth is at:


A) birth.
B) death.
C) retirement.
D) his or her parents' death.

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