« previous next »

Author Question: The relationship between consumer spending and disposable personal income is A) a negative ... (Read 56 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
The relationship between consumer spending and disposable personal income is
 
  A) a negative relationship. B) an inverse relationship.
  C) a direct relationship. D) independent.

Question 2

What do economists mean by an efficient tax?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


yifu223

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A tax is efficient if it imposes a small excess burden relative to the tax revenue it raises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

The relationship between air temperature and two measures of water vapour saturation of air. The relationship between air temperature and two measures of water vapour saturation of air.
Model of the GABA Receptor–Chloride Channel Molecules in Relationship to Antiseizure Pharmacotherapy Model of the GABA Receptor–Chloride Channel Molecules in Relationship to Antiseizure Pharmacotherapy
Primates exhibit prolonged life histories, spending more time in each stage of life than most other Primates exhibit prolonged life histories, spending more time in each stage of life than most other
Is it ethical to break the law to defend our personal integrity? Is it ethical to break the law to defend our personal integrity?
Positive and negative selection during T-cell development. Positive and negative selection during T-cell development.
Personal care setting. Personal care setting.
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library