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What is the permanent income hypothesis? Question 10 options: All other answers are incorrect A model predicting consumption in each period strongly depends on expected
What is the permanent income hypothesis?
Question 10 options:
All other answers are incorrect
A model predicting consumption in each period strongly depends on expected life time income, even if borrowing and lending is not possible A model suggesting that giving people permanent, fixed income, regardless of their job status, is beneficial
A model predicting consumption in each period strongly depends on expected life time income
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