In USrecessions,growth in Total Consumption Is ________,Which Is ________ with the the Workings

question 40

Multiple Choice

In U.S.recessions,growth in total consumption is ________,which is ________ with the workings of the permanent-income and life-cycle hypotheses.

• A)largely uninterrupted,perfectly consistent
• B)largely uninterrupted,rather inconsistent
• C)noticeably reduced,perfectly consistent
• D)noticeably reduced,rather inconsistent

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