Consumption smoothing is a consequence of the
A) increasing marginal utility of consumption.
B) constant marginal utility of consumption.
C) intertemporal budget constraint.
D) decreasing marginal utility of consumption.

Question

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The Answer of Consumption smoothing is a consequence of the
A) increasing marginal utility of consumption.
B) constant marginal utility of consumption.
C) intertemporal budget constraint.
D) decreasing marginal utility of consumption.

Consumption Smoothing Is a Consequence of the