According to consumption smoothing behaviour, which of the following is incorrect for the effects of an increase in future income? Savings increase. Permanent income increases. Future consumption...

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According to consumption smoothing behaviour, which of the following is incorrect<br>for the effects of an increase in future income?<br>Savings increase.<br>Permanent income increases.<br>Future consumption increases.<br>Savings decrease.<br>O Current consumption increases.<br>

Extracted text: According to consumption smoothing behaviour, which of the following is incorrect for the effects of an increase in future income? Savings increase. Permanent income increases. Future consumption increases. Savings decrease. O Current consumption increases.

Jun 09, 2022

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According to consumption smoothing behaviour, which of the following is incorrect for the effects of an increase in future income? Savings increase. Permanent income increases. Future consumption...

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