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smitch6 smitch6
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6 years ago
If future income increases, and current income decreases, with lifetime wealth unchanged, a consumer
A) reduces current savings.
B) consumes more in the future.
C) increases current savings.
D) consumes more in the present.
E) consumes less in the present.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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