Answer: tend to self correct and the decline would be cushioned.
Explanation:
The permanent income hypothesis is simply refered to as a theory that relates to consumer spending which states that individuals will spend money based on the disposable income that they expect in their lifetime.
According to Classical economists, the permanent income hypothesis was an argument supporting their view that, during a recession, the economy would tend to self correct and the decline would be cushioned.
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Planning is often called the primary management function because,
a. it establishes the basis for all the other things managers do
-Mabel <3
Answer: Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
Explanation:
From the information given, we can infer that Mason has a recourse. Even though the salesperson did not make any express warranties, it should be noted that the UCC imposes an implied warranty of merchantability and hence, the rotisserie will be guaranteed to be fit for the purposes ordinarily for which it is used.
Therefore, the correct option will be D.
Answer:
3.25%
Explanation:
Treasury Bills rate is a nominal rate which is the combination of real rate and Inflation rate.
Use Following formula of real rate.
1 + Real rate = ( 1+ nominal rate) / ( 1+inflation rate)
1 + Real rate = ( 1+5.85%) / (1+2.6%)
1 + Real Rate = 1.0585 / 1.026
Real rate = 1.032 - 1
Real rate = 0.032
real rate = 3.2%