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Author Question: Consumption smoothing refers to ________. A) the impact of future income on current consumption ... (Read 131 times)

CharlieWard

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on: Jun 30, 2018
Consumption smoothing refers to ________.
 
  A) the impact of future income on current consumption and of current income on future consumption
  B) the constancy of consumption over time
  C) the impact of current consumption on future income and of future consumption on current income
  D) the tendency of consumers to adopt similar spending habits

Question 2

A change in which of the following causes a movement along  not a shift in  the IS curve?
 
  A) autonomous consumption
  B) government purchases
  C) financial frictions
  D) all of the above
  E) none of the above


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blakeserpa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


CharlieWard

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

olderstudent

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Reply 3 on: Yesterday
Excellent

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