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

Answers

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?

Related Questions

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.

Answers

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.

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

Answers

Answer:

my Answer is a products is notikdd

Other Questions

Beryllium is an extremely lightweight metal that is used in many industries, such as aerospace and electronics. Long-term exposure to beryllium can cause people to become sensitized. Once an individual is sensitized, continued exposure can result in chronic beryllium disease, which involves scarring of the lungs. In a study of the effects of exposure to beryllium disease, which involves scarring of the lungs. In a study of the effects of exposure to beryllium, workers were categorized by their duration of exposure (in years) and by their disease status (diseased, sensitized, or normal.) The results were as follows: Duration of Exposure < 1 1 to < 5 >= 5Diseased 12 10 18Sensitized 14 18 13Normal 66 142 210Required:a. Compute the expected frequencies of diseased workers.b. Compute the expected frequencies of sensitized workers.c. How many degrees of freedom are there? Solve the equation 7= -108 3. The size of the coyote population at a national park increases at the rate of 4.3% per year. If the sizeof the current population is 183, find how many coyotes there should be in 6 years. Usey = yoe^0.043t and round to the nearest whole number.A) 235B) 241C) 239D) 237 Describe Chinese calligraphy writing. 1. When an unbalanced force acts on an object,O the object remains at restthe weight of the object decreases.O the object's motion changes.the inertia of the object increases. A Collage is made by? What is one reason racial inequality has remained a problem in South Africa since the end of apartheid? A. White South Africans control most large farms and businesses. B. Black South Africans have refused to hire any white employees.C. Black South Africans have mostly left the country. D. White South Africans were stripped of nearly all their property. A plane traveling with a velocity measured in meters per second, is described by vector a = 5,6). Find thespeed of the plane. Which human interactions are causing pollution along the two rivers?pls make it a paragraph pls thx HELPPPPPPPPPPPPPPPPPPPP Trade was very important to the Aztecs. Merchants carried goods such as gold, lake salt, and fine cloths to the southern regions of Mesoamerica. There, the Aztecs traded for other goods such as exotic bird feathers and jaguar skins. The Aztecs particularly desired cacao beans, which could be made into chocolate.The passage describes how the Aztecs and other Mesoamericans were dependent on each other for A. agricultural items. B. animal products. C. cotton and rubber. D. luxury items. Write the number in 2 equivalent forms as a fraction, decimal, or percent.0.40 tell whether the slope is positive or negative. then find the slope. If you were granted one wish to make the world a better place, what would it be? Spanish homework answers How did some American Indians react to the growing conflicts between European powers in NorthAmerica?They worked together to resist all EuropeansThey gave their land to European colonists. thThey allied with European powers. What is the best definition below for a nation state?a place that most people live in todaya place that was discovered long agoa place where people have a similar history and culturea place with people from different backgrounds and culture True or False: The church was able to perform all of Palestrinas masses. In Which State of matter are molecules moving the slowestA. SolidB. LiquidC. Gas Select the correct answer.Why are the requirements to become a congressional representative and a senator different?A. The framers didnt want senators to worry about their constituents as often as representatives do.B. The framers gave senators more lawmaking powers and responsibilities than representatives.C. The framers wanted senators to be more mature and more experienced than representatives.D. The framers thought senators and representatives should have reasons to argue with each other.