The life-cycle hypothesis states that consumption is a function-09369
The life-cycle hypothesis states that consumption is a function of:
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.21.
The life-cycle hypothesis states that consumption is a function of:
Current income only
Current income and future income
Current income and wealth
Current income, future income, and wealth