File:Life Cycle Hypothesis.jpg
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Life_Cycle_Hypothesis.jpg (657 × 535 pixels, file size: 29 KB, MIME type: image/jpeg)
Summary
A person’s MPC(marginal propensity to consume) is relatively high during young adulthood, decreases during the middle-age years, and increases when the person is near or in retirement.
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 16:55, 5 January 2017 | | 657 × 535 (29 KB) | 127.0.0.1 (talk) | A person’s MPC(marginal propensity to consume) is relatively high during young adulthood, decreases during the middle-age years, and increases when the person is near or in retirement. |
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