The permanent income hypothesis implies that the effect of a temporary tax cut on economic activity
A) is greater than the effect of a permanent tax cut.
B) is the same as the effect of a permanent tax cut.
C) is smaller than the effect of a permanent tax cut.
D) can be greater than or smaller than the effect of a permanent tax cut, depending on how the tax cut affects the government.
Question 2
People demand money for all of the following reasons EXCEPT
A) it generates a rate of return. B) it is a medium of exchange to make payments.
C) it is a store of value. D) it can meet unplanned expenditures.
The trophic cascade hypothesis.
Effect of substrate concentration on the initial velocity of an enzyme-catalyzed reaction
Is the principle of cause and effect unfounded?
Effect of the direction of flagellar rotation
Relationship between Economic Openness and GDP per Capita
economic question