The change in the savings rate during the 1990s is not consistent with
A) Friedman's permanent-income hypothesis.
B) Modigliani's life cycle hypothesis.
C) the boom in the stock market.
D) All of the above.
Correct Answer:
Verified
Q15: The consensus is that approximately _ percent
Q16: A young college graduate is earning $30,000
Q81: When uncertainty over the timing of death
Q82: In the life-cycle hypothesis,if a person enters
Q83: Between 1984 and 1989, the S&P 500
Q89: When it is assumed that people desire
Q94: With a rise in the stock market,the
Q96: By the nature of consumer _,it is
Q99: Leaving out spending on consumer durables,the LCH
Q100: The strong cyclical pattern in consumer _
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents