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 75 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
Excellent

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

The path of blood flow through the chambers of the left and right side of the heart, including the v The path of blood flow through the chambers of the left and right side of the heart, including the v
The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
A typical air vane sensor with the cover removed. The movable arm contacts a carbon resistance path ... A typical air vane sensor with the cover removed. The movable arm contacts a carbon resistance path ...
U.S. Energy Consumption U.S. Energy Consumption
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library