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Author Question: Which of the following expressions is correct? A) B = + BR B) BR = + B C) = B + BR D) = -BR - ... (Read 24 times)

BrownTown3

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on: Jun 30, 2018
Which of the following expressions is correct?
 
  A) B = + BR
  B) BR = + B
  C) = B + BR
  D) = -BR - B

Question 2

According to the permanent-income hypothesis, a permanent 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 transitory increase in income.


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missalyssa26

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


BrownTown3

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Reply #2 on: Jun 30, 2018
Thank you :)


missalyssa26

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Reply #3 on: Jun 30, 2018
Happy to help you


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