Author Question: The consumption function will shift for all of the following reasons except: a. a change in a ... (Read 140 times)

Mollykgkg · **on:** Jun 30, 2018

The consumption function will shift for all of the following reasons except:
a. a change in a household's real assets.
b. a change in interest rates.
c. expectations of price changes.
d. changes in a household's disposable incomes.
e. changes in taxation policy.

Question 2

A person who is in a 31 percent marginal tax bracket and has a total taxable income of 100,000 will owe 31,000 in taxes.
a. True
b. False
Indicate whether the statement is true or false