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A graduate student is likely to consume more than a high school student because the:

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A graduate student is likely to consume more than a high school student because the:

A graduate student is likely to consume more than a high school student because the:
A) high school student bases consumption on permanent income while the graduate student does not.
B) graduate student's permanent income is likely higher than the high school student's permanent income.
C) graduate student bases consumption on current income while the high school student does not.
D) none of the above

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 183 times

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NYC Author

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8 years ago

Perfect answer, thank you

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