Consumers increased consumption by a relatively small amount in 2008 and 2009 because they believed the tax cuts were temporary.

Answer the following statement true (T) or false (F)


True

Economics

You might also like to view...

Which of the following is NOT an important factor affecting economic growth?

A) the rate of growth of capital B) the rate of saving C) the rate of growth in labor productivity D) the growth of leisure

Economics

Price discrimination takes place when a firm

A) charges the same price for all the units of its product that it sells. B) charges different prices for different units of its product. C) is discriminated against by consumers. D) None of the above answers is correct.

Economics

Most Mexican workers can increase their wages if they migrate to the United States, a demand-pull factor for migration

Indicate whether the statement is true or false

Economics

Special interest groups often a. represent broad questions of public interest. b. pursue rent-seeking behavior

c. do not use lobbying techniques. d. have no effect on the political process.

Economics