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How the life-cycle hypothesis and the permanent-income

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Reference no: EM131974540

Explain how the life-cycle hypothesis and the permanent-income hypothesis resolve the consumption puzzle associated with the Keynesian consumption function.

Reference no: EM131974540

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How the life-cycle hypothesis and the permanent-income : Explain how the life-cycle hypothesis and the permanent-income hypothesis resolve the consumption puzzle associated with the Keynesian consumption function.
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