Why is a theory of consumption also a theory of saving?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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Why is a theory of consumption also a theory of saving?

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Introduction A theory of consumption and a theory of saving are closely interconnected concepts in economics Consumption refers to the use of goods and services by households while saving involves the ...View the full answer

Macroeconomics Policy And Practice

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