Consumption and Savings by James DeNicco

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About the Lecture

The lecture Consumption and Savings by James DeNicco is from the course Principles of Macroeconomics (EN). It contains the following chapters:

  • Definitions of Savings
  • Savings Life Cycle
  • Two Period Consumer Model
  • The Model As a Graph
  • Recap of Consumptions and Savings

Included Quiz Questions

  1. Current income minues current consumption.
  2. The value of assets minus the value of liabilities.
  3. Increases in the value of an asset.
  4. Decreases in the value of an asset.
  1. Consumers like smooth and balanced consumption levels over time.
  2. Consumers desire equal amounts of consumption in every period.
  3. Consumers want to save all their money until retirement.
  4. Consumers desire to have a stable path of consumption.
  1. C1 increases; C2 increases; Savings increase
  2. C1 decreases; C2 decreases; Savings decrease
  3. C1 increase; C2 increase; Savings decrease
  4. C1 decreases; C2 decreases, Savings increase
  1. C1 increases; C2 increases; Savings decrease
  2. C1 increases; C2 increases; Savings increase
  3. C1 decreases; C2 decreases; Savings decrease
  4. C1 decreases; C2 increases; Savings increase

Author of lecture Consumption and Savings

 James DeNicco

James DeNicco


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