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Macroeconomics

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Moderate

Two-Period Model Consumption, Future Income

MACRO-W1A8BZ

Select all that may apply. In a two-period model of consumption, if a household's future income rises, then

A

the household will increase current consumption.

B

the household will increase future consumption.

C

the household will increase current savings.

D

the household will decrease current consumption.

E

the household will decrease future consumption.

F

the household will decrease current savings.