The fact that 80% of the assets accumulated during a lifetime are bequeathed to heirs in the United States suggests that
A) the appropriate time horizon for consumption theory is the lifetime of the earner.
B) the appropriate time horizon for consumption theory is intergenerational.
C) the Barro-Ricardo equivalence theorem is correct.
D) it is true that higher taxes increase savings.
B
Economics
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The number of substitutes available has hurt the business of the United States Postal Service.
a. true b. false
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How is total revenue calculated? If a firm sells 350 units of a product at a price of $8 each, what is the firm's total revenue?
What will be an ideal response?
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