The Sensitivity of Current Consumption to Changes in Current Income

question 44

Multiple Choice

The sensitivity of current consumption to changes in current income arises from

• A)liquidity constraints
• B)the close relation between current consumption and permanent income
• C)income changes that tend to be mostly random and unpredictable
• D)the close relation between current and lagged consumption
• E)none of the above

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are individuals, groups, or organizations worldwide that have an interest in or are affected by the actions of a business or project.

Relational Approach

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Non-governmental Organizations

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