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

Author Question: If consumers experience an decrease in lifetime income, current spending will ________, current ... (Read 92 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
If consumers experience an decrease in lifetime income, current spending will ________, current saving will ________, and future spending will ________.
 
  A) decrease; decrease; decrease
  B) increase; decrease; decrease
  C) increase; decrease; increase
  D) increase; increase; decrease
  E) decrease; increase; increase

Question 2

Explain the causes of the U.S. Savings and Loans crisis of the early 1980s.
 
  What will be an ideal response?

Question 3

If consumers experience an increase in lifetime income, current spending will ________, current saving will ________, and future spending will ________.
 
  A) increase; increase; increase
  B) increase; decrease; decrease
  C) increase; decrease; increase
  D) increase; increase; decrease
  E) decrease; increase; increase


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

On the one hand, allowing S&L to make much riskier loans, for example, loans on commercial real estate. On the other hand, inadequate examination for the new situation and depositors, together with increase in interest rate due to increased inflation rate.

Answer to Question 3

A


Bernana

  • Member
  • Posts: 530
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Determination of Income Inequality Determination of Income Inequality
The Parade of World Income The Parade of World Income
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Magnetic Force on a Current Carrying Conductor Magnetic Force on a Current Carrying Conductor
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library