Solved: Given that you receive your payout at the beginning of, Macroeconomics

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Given that you receive your payout at the beginning of

Suppose your friend gives you $100 as congratulation for your academic achievement in the last semester. Given that you receive your payout at the beginning of every semester and assuming that you intend to maintain a steady consumption pattern until you leave university. What would be the effect of the gift on your consumption pattern.

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Macroeconomics: Given that you receive your payout at the beginning of

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