If the permanent income hypothesis is true, why would inequality measured by current consumption tend to be

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If the permanent income hypothesis is true, why would inequality measured by current consumption tend to be smaller than inequality measured by current income?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 06:10 AM

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If the permanent income hypothesis is true, why would inequality measured by current consumption tend to be

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If the permanent income hypothesis is true people would draw on the...View the full answer

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