A Theory of Saving Is Necessarily a Theory of Consumption,because

question 61

Multiple Choice

A theory of saving is necessarily a theory of consumption,because ________.

• A)by definition,any unit of disposable income that is not a consumption expenditure is a unit of saving
• B)consumption decisions are made after saving has occurred
• C)private saving is equal to private investment
• D)the goal of consumption choices is to achieve the desired level of savings

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Definitions:

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Instance Variables

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