This topic contains a solution. Click here to go to the answer

Author Question: The permanent income hypothesis indicates that increased savings will cause an increase in long term ... (Read 112 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
The permanent income hypothesis indicates that increased savings will cause an increase in long term income.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The supply curve of labor is less elastic in the long run compared to the short run.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dunkey

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

False

Answer to Question 2

F




jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library