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    Macroeconomics Study Set 67
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    Exam 9: A Two-Period Model: the Consumptionsavings Decision and Credit Markets
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    Aggregate Consumption Is
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Aggregate Consumption Is

Question 53

Question 53

Multiple Choice

Aggregate consumption is


A) more variable than savings.
B) more volatile than aggregate income.
C) less variable than aggregate income.
D) positively related to savings.
E) negatively related to real GDP.

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