What is the relationship between the two variable

Reference no: EM131136448

The text implies that the ratio of consumption to accumulated saving declines over time until retirement.

a. Why? What assumption about consumption behavior leads to this result?

b. What happens to this ratio after retirement?

Reference no: EM131136448

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What is the relationship between the two variable : What assumption about consumption behavior leads to this result? b. What happens to this ratio after retirement?

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