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1 p Question 27 What would the typical consumption smoothing behavior be for someone with a steady job at the age of 40? O Save

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1 p Question 27 What would the typical consumption smoothing behavior be for someone with a steady job at the age of 40? O Save almost all of their paycheck so they can consume more in retirement than now O Consume all of their paychecks and save nothing Consume the same amount as last year and save the rest for retirement O Consume more than last year, but still save some amount for retirement

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