The permanent-income hypothesis seeks primarily to explain, Ask an Expert

Economics

The permanent-income hypothesis seeks primarily to explain the

1) observed long-term constancy of the saving ratio.

2) unimportance of transitory income changes.

3) all of the other possible answers is correct

4) observed variation in the short-term saving ratio.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91865079

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