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 129 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?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Actions of regulatory transcription factors and small effector molecules Actions of regulatory transcription factors and small effector molecules
Small intestine, micro organisms Small intestine, micro organisms
Large intestine. Large intestine.
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Current Geopolitics and Civil Liberties Current Geopolitics and Civil Liberties
Canada Total Energy Consumption by Fuel Type Canada Total Energy Consumption by Fuel Type
Video: Methods that regulate pH

For a complete list of videos, visit our video library