This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The path of income over a lifetime is likely to be much more stable than the path of consumption. (Read 99 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Apr 19, 2019

Question 1

According to the life-cycle theory of consumption, people tend to consume more than they earn during their early working years.


◦ true
◦ false

Question 2

The path of income over a lifetime is likely to be much more stable than the path of consumption.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by theo on Apr 19, 2019

nicoleclaire22

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


theo

  • Member
  • Posts: 698
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Relative Energy Consumption per Person for Selected Countries Relative Energy Consumption per Person for Selected Countries
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Stable isotopes of carbon Stable isotopes of carbon
Stable isotopes of carbon Stable isotopes of carbon
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: What is an ecosystem?

For a complete list of videos, visit our video library