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

Author Question: A permanent increase in income leads to A) a small increase in current consumption. B) a large ... (Read 136 times)

tth

  • Hero Member
  • *****
  • Posts: 579
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

E


tth

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Correct answers!


yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Areas of Mediterranean shrubland in southern California periodically burn over large areas, destroyi Areas of Mediterranean shrubland in southern California periodically burn over large areas, destroyi
The Red-bearded Bee-eater Nyctyornis amictus is a large species of bee-eater found in the Indo-Malay The Red-bearded Bee-eater Nyctyornis amictus is a large species of bee-eater found in the Indo-Malay
During drought years on the Galapagos, small, easily eaten seeds become rare, le During drought years on the Galapagos, small, easily eaten seeds become rare, le
What is the current flowing through the resistor? What is the current flowing through the resistor?
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
A very small sampling of organisms in an arctic food web on land. A very small sampling of organisms in an arctic food web on land.
Video: Stages of Mitosis - Prophase, Prometaphase, Metaphase, Anaphase & Telophase

For a complete list of videos, visit our video library