Finally, the provision of food, e.g. milk and eggs, by livestock provides nutritional insurance and consumption smoothing opportunities for households.

最后，畜牧业提供食品，如奶和蛋，为家庭提供营养保险和平稳消费的机会。

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As economies become more sophisticated, it may make sense for consumers to take on more debt as a means of smoothing their consumption over their lifetimes.

随着经济变得更加复杂，作为消费者来讲，为了使得他们在有生之年的消费更加平滑稳定，他们借更多债务是有其道理的。

youdao

Among the results are that households can hold a wider array of assets and also borrow more easily, so smoothing out their consumption over lifetimes.

后果之一是，家庭能够持有更多种类的资产并能够更容易地获得贷款，这使他们能够分散安排一生中的消费。

youdao

In any event, the evidence is that consumption smoothing does not neutralise the stimulus effect of tax cuts.

ECONOMIST: Economics focus: Remember fiscal policy? | The