According to the life-cycle hypothesis, if a person wants ...

[sam.t96]

According to the life-cycle hypothesis, if a person wants consumption to be constant over her lifetime, she will smooth consumption by initially ________ over her lifetime.
 
  A) saving, then dissaving, then borrowing
  B) borrowing, then saving, then dissaving
  C) dissaving, then borrowing, then saving
  D) saving; then borrowing; then dissaving

Question 2

When economists, policymakers, or journalists refer to the Fed's balance sheet, they are typically referring to the:
 
  A) money supply
  B) size of the Fed's assets
  C) amount of bank reserves
  D) amount of foreign reserves

[steff9894]

Answer to Question 1

B

Answer to Question 2

B

[sam.t96]

Thanks for the timely response, appreciate it

[xthemafja]

YES! Correct, THANKS for helping me on my review