File:Life Cycle Hypothesis.jpg

Life_Cycle_Hypothesis.jpg(657 × 535 pixels, file size: 29 KB, MIME type: image/jpeg)

Summary

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English: 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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Author Hsben

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9 November 2011

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current04:38, 9 November 2011Thumbnail for version as of 04:38, 9 November 2011657 × 535 (29 KB)Hsben
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