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Author Question: According to the life-cycle hypothesis, if a person wants consumption to be constant over her ... (Read 26 times)

sam.t96

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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



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steff9894

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Answer to Question 1

B

Answer to Question 2

B




sam.t96

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Reply 2 on: Jun 30, 2018
Excellent


laurnthompson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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