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A decrease in households? current income is generally assumed to Question 15Select one: a. cause no change in consumption because consumption depends on wealth and
A decrease in households? current income is generally assumed to Question 15Select one: a. cause no change in consumption because consumption depends on wealth and expectations of future income only. cross out b. cause no change in consumption because the decline is always expected. cross out c. cause a decrease in consumption. cross out d. affect only saving, not consumption
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