Homework Clinic
Social Science Clinic => Economics => Topic started by: itsmyluck on Jun 29, 2018
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A tax rebate by the government would
A) decrease your pretax income, but not your disposable income.
B) increase your disposable income, but not your pretax income.
C) increase your pretax income, but not your disposable income.
D) decrease your disposable income, but not your pretax income.
Question 2
Despite saving Lehman Brothers from failing, the Fed and the Treasury decided to allow Bear Stearns to go bankrupt, which it did in September, 2008.
Indicate whether the statement is true or false
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Answer to Question 1
B
Answer to Question 2
FALSE