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Title: Why is it important that consumers respond differently to temporary and permanent increases in their Post by: Ao9 on Oct 27, 2015 Why is it important that consumers respond differently to temporary and permanent increases in their incomes?
A) This implies that consumption will be highly sensitive to temporary changes in income. B) this has implications for the relative effects of temporary and permanent tax cuts. C) This implies that a temporary tax cut will have a larger effect than a permanent one on current consumption. D) this tells us that the timing of income increases for consumers is irrelevant. Title: Re: Why is it important that consumers respond differently to temporary and permanent increases in t Post by: Gordis on Oct 29, 2015 Content hidden
Title: Re: Why is it important that consumers respond differently to temporary and permanent increases in their Post by: Ao9 on Nov 2, 2015 Expert ^^ :D
Title: Re: Why is it important that consumers respond differently to temporary and permanent increases in their Post by: Gordis on Nov 2, 2015 You're welcome ;) Message me if you need any more assistance with your other questions.
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