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Ao9 Ao9
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Posts: 1908
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8 years ago
In the absence of a financial system, the two-period model without taxes predicts that
A) consumption is less volatile than output.
B) consumption is as volatile as output.
C) consumption is more volatile that output.
D) We do not know.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 109 times
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GordisGordis
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Posts: 1906
8 years ago
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8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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You're welcome Wink Face Message me if you need any more assistance with your other questions.
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