question archive Watch the following video on the Permanent Income Hypothesis by Milton Friedman, which shows the importance of consumption smoothing behaviour or the trade offs between consuming in the present versus the future
Watch the following video on the Permanent Income Hypothesis by Milton Friedman, which shows the importance of consumption smoothing behaviour or the trade offs between consuming in the present versus the future
Subject:EconomicsPrice: Bought3
Watch the following video on the Permanent Income Hypothesis by Milton Friedman, which shows the importance of consumption smoothing behaviour or the trade offs between consuming in the present versus the future. Do you agree with this theory and do you practice consumption smoothing or see yourself doing so in the future?
