In what year did the United States go off the gold standard? ...

[Destiiny22]

In what year did the United States go off the gold standard?
 
  A) 1933
  B) 1945
  C) 1981
  D) 2001

Question 2

According to the permanent-income hypothesis, a transitory increase in a person's income will
 
  A) increase consumption more than savings.
  B) increase savings more than consumption.
  C) be smoothed out to where the increases in consumption and savings are roughly equal.
  D) have the same effect on consumption as a permanent increase in income.

[jesse.fleming]

Answer to Question 1

A

Answer to Question 2

B

[Destiiny22]

Thanks for the timely response, appreciate it

[Sarahjh]

Gracias!