« previous next »

Author Question: The permanent income hypothesis implies that the effect of a temporary tax cut on economic activity ... (Read 97 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
The permanent income hypothesis implies that the effect of a temporary tax cut on economic activity
 
  A) is greater than the effect of a permanent tax cut.
  B) is the same as the effect of a permanent tax cut.
  C) is smaller than the effect of a permanent tax cut.
  D) can be greater than or smaller than the effect of a permanent tax cut, depending on how the tax cut affects the government.

Question 2

People demand money for all of the following reasons EXCEPT
 
  A) it generates a rate of return. B) it is a medium of exchange to make payments.
  C) it is a store of value. D) it can meet unplanned expenditures.


ApricotDream

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Effect of pH on oxygen binding to hemoglobin Effect of pH on oxygen binding to hemoglobin
Neurotransmitter reuptake activity. Neurotransmitter reuptake activity.
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
economic question economic question
economic question economic question
The Effect of Multiple Contributing Genes on Phenotypic Variation The Effect of Multiple Contributing Genes on Phenotypic Variation
Video: Deafness Culture

For a complete list of videos, visit our video library