According to the life-cycle hypothesis

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1. People are likely to save the most during what part of the life cycle, according to the life-cycle hypothesis?

in their peak earnings years.

the older they get.

in their old age.

as they get closer to retirement.

2. Planned investment spending depends on all of the following EXCEPT:

the current productive capacity in the economy.

the rate of interest.

the current level of real GDP.

the expected future level of real GDP.

Reference no: EM13694646

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