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Business, 24.03.2020 23:53 christophercordero15

In the two-period model, if consumption in both periods is a normal good, then an increase in income in period two: does not increase consumption in either period. increases consumption in period one only. increases consumption in period two only. increases consumption in both periods.

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In the two-period model, if consumption in both periods is a normal good, then an increase in income...
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