Holding Everything Else Constant, the More Wealth a Household Has

question 215

Multiple Choice

Holding everything else constant, the more wealth a household has,

• A) the less it will consume, both now and in the future.
• B) the more it will consume now, but the less it will consume in the future.
• C) the less it will consume now, but the more it will consume in the future.
• D) the more it will consume, both now and in the future.