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★ѕραndavir ★ѕραndavir
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6 years ago
By the permanent-income hypothesis, for every dollar that actual income increases, consumption expenditure rises in the short run by ________ dollars.
A) kj
B) k + j
C) k/j
D) k - j
E) j + (1/k)
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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#2
5 years ago
Honestly I hate questions like these, glad people like you exist!
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