The decimal equivalent of a basis point is:

One factor that shifts the consumption schedule is household wealth. Households build wealth by:

A.  Spending their current incomes B.  Spending out of their future incomes C.  Spending their incomes as they earn them D.  Not spending all their current incomes

Politicians and citizens may often choose policies that reduce economic efficiency because they are perceived as “fairer.”

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