« previous next »

Author Question: People will be likely to spend a higher percentage of any additional income when _____. a. they ... (Read 131 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Jun 30, 2018
People will be likely to spend a higher percentage of any additional income when _____.
 a. they believe that the increase is permanent
  b. they believe that the increase is temporary
  c. the increase is large
 d. the increase is small
 e. interest rates on savings accounts are rising

Question 2

To determine the consumer price index (CPI), _____.
 a. the values of the current market basket at current and base-year prices need to be known
 b. the values of the base-year market basket at current and base-year prices need to be known
 c. the values of the current market basket at current prices and the base-year market basket at base-year prices need to be known
  d. only the current market basket at base-year prices needs to be known
 e. only the current market basket at current prices needs to be known


Kingjoffery

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

human genome percentage human genome percentage
Earth Affects People; People Change Earth Earth Affects People; People Change Earth
People whose behaviors violate norms are often called mentally ill. “Why else would they do such ... People whose behaviors violate norms are often called mentally ill. “Why else would they do such ...
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Video: Acid-base imbalances - compensation of metabolic acidosis and alkalosis

For a complete list of videos, visit our video library