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Ao9 Ao9
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8 years ago
We collapse the consumer's current-period and future-period budget constraints into a single lifetime budget constraint by
A) eliminating consumption smoothing.
B) assuming no default.
C) substituting for savings.
D) assuming the consumer knows the future.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Solved!!
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#3
8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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