To the extent that consumers base spending decisions on their permanent income, attempts to fine-tune fiscal policy with temporary tax changes are more effective
Indicate whether the statement is true or false
false
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Economists use the term normal good to refer to goods that
a. you consume on a daily basis. b. you consume more of when your income falls. c. you consume more of when your income rises. d. consumers choose the same quantities of regardless of income.
In recording an accounting transaction in a double-entry system
A. the number of debit accounts must equal the number of credit accounts. B. there must only be two accounts affected by any transaction. C. there must always be entries made on both sides of the accounting equation. D. the amount of the debits must equal the amount of the credits.
In addition to the consumer price index, the Bureau of Labor Statistics also calculates the
a. macroeconomic price index. b. producer price index. c. rental unit price index. d. terms of trade.
What actions has government taken to improve buyer information in the market for surgery?
Please provide the best answer for the statement.