A one-unit decrease in current income, and a one-unit increase in lifetime wealth
A) both have no effect on the consumer's behaviour.
B) have the same effect on the consumer's current and future consumption.
C) have different effects on the consumer's current and future consumption.
D) will both have the same effect on savings.
E) imply that future consumption goes down.

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The Answer of A one-unit decrease in current income, and a one-unit increase in lifetime wealth
A) both have no effect on the consumer's behaviour.
B) have the same effect on the consumer's current and future consumption.
C) have different effects on the consumer's current and future consumption.
D) will both have the same effect on savings.
E) imply that future consumption goes down.

A One-Unit Decrease in Current Income, and a One-Unit Increase