Answer:
b) households will save more because they will expect higher taxes in the future
Explanation:
The Ricardian Equivalence proposition is one of the pillars of classical economics, which sadly has proven to not work very well in the real world. According to classical economists, and their quantity theory of money plus the Ricardian Equivalence, recessions do not exist because it is impossible for them to exist. But in the real world, that is not true. Recessions exist, e.g. the US is in a recession since the first quarter of 2020 (even before the current health crisis). When real people lose their jobs or are afraid to lose their jobs, their spending habits change.
On the other hand, when real people get a tax refund or tax cut, they generally spend it, they will not save it to pay future taxes. That is why car sales increase during February after checks form the IRS are handed out.
Theoretically, classical economics is great. The problem is that we are human beings, and as such, our behavior cannot be controlled or determined by what we should or should not do. This is exactly why the velocity of money (quantitative theory of money) is not constant.
The average price of a house in the u.s. is $265,000. this statement describes an Inferential Statistic.
Statistical inference is the technique of using information analysis to infer houses of an underlying distribution of possibility. Inferential statistical evaluation infers homes of a population, for instance by trying out hypotheses and deriving estimates.
Inferential facts are regularly used to evaluate the differences between the remedy businesses. Inferential facts use measurements from the pattern of topics within the test to evaluate the treatment organizations and make generalizations approximately the bigger population of subjects. inferential statistics are used to decide if there's a good-sized distinction between the method of businesses and the way they're associated. T-tests are used while the facts sets comply with a regular distribution and have unknown variances, just like the records set recorded from flipping a coin one hundred instances.
Learn more about Inferential statistics here:-brainly.com/question/14048601
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The answer to the question above is "the growth of her corpus callosum" which is the reason of Elise's ability to learn which is shown in the question above. The corpus callosum is the part of the brain which related to the intellectual ability of a human. Elise's ability to learn is related to her intellectual ability, thus, the growth of her corpus callosum is the best answer.
Answer:
¥114.96/€
Explanation:
An intermarket arbitrage opportunity is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market. Trading in foreign exchange takes place worldwide, the major currency trading centers are located in London, New York, and Tokyo.
In the given question, if you reverse all three exchange rates by calculating 1/rate (change yendollar into dollaryen and so forth), the choice that represents the required opportunity is ¥114.96/€
