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★ѕραndavir ★ѕραndavir
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6 years ago
With a temporary income tax surcharge, according to the ________, household consumption should ________.
A) LCH; stay the same since life cycles have not changed
B) LCH; rise even though disposable income falls
C) PIH; fall since disposable income falls
D) None of the above is correct since there would be no change in "permanent" income.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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5 years ago
You literally helped me pass my economics class!
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