Assume i=0%, beta=1. Consumer has income of 80 in year 1, 100 in year 2.  Without gov't intervention, consumer will consume ____ in year 1.

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter18: Cost-volume-profit Analysis (cvp)
Section: Chapter Questions
Problem 3R: Based on Poleskis current situation, will it earn its target net income? If not, how many units need...
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Assume i=0%, beta=1.

Consumer has income of 80 in year 1, 100 in year 2. 
Without gov't intervention, consumer will consume ____ in year 1. 

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