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Natali5045456 [20]
3 years ago
8

If Maryanne completely smooths consumption over her lifetime, for every $1,000 increase in disposable income, she will use _____

___ for consumption each year. A) $100
B) $333
C) $667
D) $750
Business
1 answer:
Hatshy [7]3 years ago
3 0

Answer:D $750

Explanation:

This is a way an individual optimise his consumption and his savings habit for their future.

It has to do with the future of any individual and plans are made for the future.

An individual can plan to spend more now and save a little or spend a little now and safe for the future.

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a. Raising interest rates encourages people to save: positive statement

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<h3>What are normative and positive statements?</h3>

Normative statements come from a viewpoint or an opinion. As a result, the terms "should," "ought," or "it is preferable to" are commonly used. Normative statements can never be proven to be true.

Conversely, positive statements can often be put to the test in theory, if not always in practice. Positive statements are not value judgments. They are predictions of what it is, was, or will become.

Thus, option A is a positive statement and rest are normative statements.

Learn more about positive and normative statements here:

brainly.com/question/14408475

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