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Total consumption in the economy is composed of: a) only permanent changes in consumption. b) consumption by consumption smoothers only. c) consumption by hand-to-mouth consumers

Total consumption in the economy is composed of:

a) only permanent changes in consumption.

b) consumption by consumption smoothers only.

c) consumption by hand-to-mouth consumers only.

d) consumption by hand-to-mouth consumers and consumption by consumption smoothers.

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