This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the permanent income hypothesis, a person's consumption increases only when A) the ... (Read 72 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
According to the permanent income hypothesis, a person's consumption increases only when
 
  A) the person's average lifetime income increases. B) the person saves more.
  C) the person's current income increases. D) the person's income increases unexpectedly.

Question 2

The discretionary change of government expenditures or taxes to achieve national economic goals is
 
  A) a direct expenditure upset. B) fiscal policy.
  C) Ricardian-equivalence theorem. D) supply-side economics.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Living in groups and the many eyes hypothesis. Living in groups and the many eyes hypothesis.
James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Cultural Attitudes Toward Insect Consumption Cultural Attitudes Toward Insect Consumption
Polyploidy increases fruit size Polyploidy increases fruit size
Translation at endoplasmic reticulum–bound ribosomes and the signal hypothesis Translation at endoplasmic reticulum–bound ribosomes and the signal hypothesis
Video: Oral Hygiene & Braces Animation

For a complete list of videos, visit our video library