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Economics For Today

10th Edition
Tucker
Publisher: Cengage Learning
ISBN: 9781337613040

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BuyFindarrow_forward

Economics For Today

10th Edition
Tucker
Publisher: Cengage Learning
ISBN: 9781337613040
Chapter 18, Problem 4SQP
Textbook Problem
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How do households “dissave”?

To determine

Dissaving by households.

Explanation of Solution

When the households lack income, they use their past savings to sustain their level of consumption. This process is known as dissaving...

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