Question: a) Explain the assumption regarding consumers' behavior in the life-cycle-permanent-income hypothesis which needs to be changed in order to explain the presence of precautionary, or

a) Explain the assumption regarding consumers' behavior in the life-cycle-permanent-income hypothesis which needs to be changed in order to explain the presence of precautionary, or buffer-stock saving.

b) What is relationship between the accelerator model of inventory investment and the flexible accelerator model of capital accumulation?

c) Restrictive Monetary Policy has a negative effect on all the investment sub-sectors in the economy.

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3. To understand a method for achieving personal communication mastery.

3. What is my goal?

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