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

Author Question: Assuming that charitable giving is a normal good, the income effect of a decrease in personal tax ... (Read 40 times)

Mollykgkg

  • Hero Member
  • *****
  • 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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mollykgkg on Apr 19, 2019

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
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.
Answer Preview
Only 25% of students answer this correctly


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Features of normal metaphase chromosomes. Features of normal metaphase chromosomes.
A hypothetical example of the bottleneck effect. A hypothetical example of the bottleneck effect.
Vision. Normal vision and vision problems. Vision. Normal vision and vision problems.
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Effect of Atmospheric Stability Effect of Atmospheric Stability
Normal tympanic membrane with cone of light and process of malleus Normal tympanic membrane with cone of light and process of malleus
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library