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Author Question: The relationship between consumer spending and disposable personal income is A) a negative ... (Read 94 times)

lbcchick

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on: Jun 29, 2018
The relationship between consumer spending and disposable personal income is
 
  A) a negative relationship. B) an inverse relationship.
  C) a direct relationship. D) independent.

Question 2

What do economists mean by an efficient tax?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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yifu223

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A tax is efficient if it imposes a small excess burden relative to the tax revenue it raises.


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