According to ______________,if you suddenly won the lottery,you would spend only a small part of your winnings right away.
A) the paradox of thrift
B) the permanent income hypothesis
C) Thorstein Veblen's Theory of the Leisure Class
D) the theory of the multiplier
Correct Answer:
Verified
Q15: The APC in the United States is
A)-.1
Q16: The APS in the United States is
A)below
Q17: Which statement is false?
A)Over the last two
Q18: People tend to spend more money the
Q19: Autonomous consumption is always
A)positive.
B)zero.
C)negative.
Q21: For a family with disposal income less
Q22: Which statement is true?
A)Autonomous C can never
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents