Consider the following situations. What is the effect on consumption for each of the four scenarios? Either move the consumption function when appropriate or move the point along the consumption function to illustrate the impact of each scenario. You should move only the point or only the line in each part of the question. a. The federal government raises taxes. Consumption Income b. Housing prices increase. Consumption Income c. Consumer incomes rise. Consumption Income d. Consumer expectations of their future income plummet. Consumption Income

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Answer 1

Answer:

Hello the graphs related to your question is missing attached below are the graphs

answer: attached below

Explanation:

a) Federal government raises taxes : this will reduce the disposable income of employees hence there will be a shift downwards

b) Housing prices increase; this will lead to a shift upwards

c) Consumer income increases will cause a movement upwards along the curve

d) consumer expectations of their future income plummet will cause a downward shift in the curve

Consider The Following Situations. What Is The Effect On Consumption For Each Of The Four Scenarios?

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Below are several names of companies and their founders. Explain whether the business creates and sells innovative products or uses innovative methods or both

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Answer:

my Answer is a products is notikdd

Which of the following statements about annuities are true? Check all that apply. An ordinary annuity of equal time earns less interest than an annuity due. Annuities are structured to provide fixed payments for a fixed period of time. When equal payments are made at the beginning of each period for a certain time period, they are treated as ordinary annuities. When equal payments are made at the beginning of each period for a certain time period, they are treated as an annuity due.

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Answer:

The true statements are:

Annuities are structured to provide fixed payments for a fixed period of time.

When equal payments are made at the beginning of each period for a certain time period, they are treated as an annuity due.

Explanation:

Annuities provide fixed payments for a lifetime or a specified period of time. With equal payments at the beginning of each period for a fixed period of time, the annuity is regarded as an annuity due. But with equal payments at the end of the period, it is an ordinary annuity. A common example of annuity due is payment for Rent at the beginning of the month or year. If the Rent is paid at the end of the month or year, it is an ordinary annuity.

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