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Author Question: Assuming that charitable giving is a normal good, the income effect of a decrease in personal tax ... (Read 47 times)

Mollykgkg

  • Hero Member
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  • Posts: 529
on: Apr 19, 2019

Question 1

A price change would have the largest income effect on a


◦ magazine.
◦ tablet computer.
◦ piece of clothing.
◦ car.

Question 2

Assuming that charitable giving is a normal good, the income effect of a decrease in personal tax rates would lead to


◦ less giving because giving to charity would become more expensive relative to other goods.
◦ more giving because giving to charity would become less expensive relative to other goods.
◦ more giving because households would have more disposable income.
◦ less giving because households would spend that money on luxury goods.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Mollykgkg on Apr 19, 2019

joanwhite

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mollykgkg

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

ecabral0

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Reply 3 on: Yesterday
Gracias!

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