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Author Question: A permanent increase in income leads to A) a small increase in current consumption. B) a large ... (Read 123 times)

tth

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on: Jun 30, 2018
A permanent increase in income leads to
 
  A) a small increase in current consumption.
  B) a large increase in current consumption.
  C) a small decrease in future consumption.
  D) a large decrease in future consumption.

Question 2

Fred has always been known as the rich kid. Strictly speaking, this must mean that ________.
 
  A) Fred has a lot of cash
  B) Fred's income is quite high
  C) Fred won the lottery before he was legally eligible
  D) Fred has a flashy wardrobe
  E) Fred has a lot of wealth


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yahahah24021

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

E


tth

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Reply #2 on: Jun 30, 2018
Correct answers!


yahahah24021

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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