58 942
Assignments Done
Successfully Done
In March 2018
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Macroeconomics Question for kristen

Question #5139
An employer offers his or her employee the option of shifting x units of income from next year to this year. That is, the option is to reduce income next year by x units and increase income this year by x units.
a) Would the employee take this option (use a diagram)?
b) Determine, using a diagram, how this shift in income will affect consumption this year and next year and saving this year. Explain your results.
Expert's answer
a) The employee would take this option because he or she will receive the same
amount of money but faster.
b) This shift in income will increase consumption
and saving this year and decrease consumption and saving next year, because the
employee will have more money to spend and save this year, but less money the
next year.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question