What Type of Relationship Exists Between Expected Future Income and Consumption

question 63

Multiple Choice

What type of relationship exists between expected future income and consumption?

• A) Negative
• B) Positive
• C) Indirect
• D) Constant

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Definitions:

Hybrid Rule Making

A type of rule making that combines features of formal and informal rule making; consists of publication in the Federal Register, a written-comment period, and an informal public hearing with restricted cross-examination.

Commissioners

Officials charged with the administration of certain laws and regulations, often within a specific governmental agency or commission.

Informal Agency Rule Making

A process used by administrative agencies to create rules and regulations through procedures that are less formal than the traditional rulemaking process, often involving less public input.

Privacy Act

Legislation designed to protect the personal information of individuals from unauthorized use or disclosure by the government or other entities.