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

Author Question: According to the permanent income hypothesis, a one-time tax rebate will generally have a ... (Read 30 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
on: Apr 19, 2019

Question 1

If the wage rate decreases, the substitution effect is for a person to work more and the income effect is for a person to take more leisure.


◦ true
◦ false

Question 2

According to the permanent income hypothesis, a one-time tax rebate will generally have a considerable impact on consumption.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by urbanoutfitters on Apr 19, 2019

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Apr 19, 2019
Wow, this really help

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Insect species diversity on British host trees supports the area hypothesis. Insect species diversity on British host trees supports the area hypothesis.
Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Infant mortality by income quintile, urban Canada, 1996 Infant mortality by income quintile, urban Canada, 1996
The Salter-Harris System of Classifying Growth-Plate Injuries. The Likelihood of a Permanent Growth- The Salter-Harris System of Classifying Growth-Plate Injuries. The Likelihood of a Permanent Growth-
Video: Spermatogenesis Animation

For a complete list of videos, visit our video library