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Author Question: According to the permanent income hypothesis, a one-time tax rebate will generally have a ... (Read 29 times)

urbanoutfitters

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on: Apr 19, 2019

Question 1

If the wage rate decreases, the substitution effect is for a person to work more and the income effect is for a person to take more leisure.


◦ true
◦ false

Question 2

According to the permanent income hypothesis, a one-time tax rebate will generally have a considerable impact on consumption.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by urbanoutfitters on Apr 19, 2019

joechoochoy

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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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urbanoutfitters

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

ryansturges

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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