Why would inequality measured by current consumption tend, Microeconomics

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Why would inequality measured by current consumption tend

Problem

If the permanent income hypothesis is true, why would inequality measured by current consumption tend to be smaller than inequality measured by current income?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why would inequality measured by current consumption tend

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