Both the permanent-income and life-cycle hypotheses modify Keynesian consumption theory by distinguishing the effects of

A) temporary and permanent changes in disposable income.
B) changes in the disposable income of upper income and lower income classes.
C) changes in labor income and interest income.
D) small and large changes in disposable income.

A

Economics

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The Eurocurrency market grew due to a lack of regulation, which permits greater efficiency in providing banking services

Indicate whether the statement is true or false

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Compared with the average man, the average woman pays

A) less for health insurance but more for life insurance. B) less for life insurance but more for health insurance. C) more for life and health insurance. D) less for life and health insurance.

Economics