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Business, 28.09.2019 20:50, mayaleila

In the united states, what does the general level of a family’s income have to do with the amount of cash the family is likely to hold? novanet

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Business, 10.09.2019 18:10, rayniqueamee2002

In the mid-1970s, the united kingdom made an interesting policy change in its "child allowance" policy. this program provides a fixed amount of money per child to every family, regardless of family income. traditionally, the child allowance had been distributed to families by withholding less in taxes from the paycheck of the family wage earner—typically the father in this time period. the new policy instead provided the child allowance as a cash payment to the mother. as a result of this change, households have the same level of income and face the same prices in the market, but the money is more likely to be in the mother's purse than in the father's wallet. should this change in policy alter household consumption patterns? basic models of consumption decisions, of the sort that we examined in this chapter, assume that it does not matter whether the mother or the father receives the money because both parents seek to maximize the family's utility as a whole. in effect, this model assumes that everyone in the family has the same preferences. could you guess what happened in reality?

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Mathematics, 17.09.2019 20:30, charati5408

The bureau of the census reports that the median family income for all families in the united states during the year 2003 was $43,318. that is, half of all american families had incomes exceeding this amount, and half had incomes equal to or below this amount. suppose that four families are surveyed and that each one reveals whether its income exceeded $43,318 in 2003.(a)list the points in the sample space. (enter your answer in set notation. let g represent the event that a family's income is greater than $43,318, and n represent that the family's income is not greater than $43,318.)

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Business, 21.09.2019 21:30, hfuller6219

In the united states, what does the general level of a family’s income have to do with the amount of cash the family is likely to hold?

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Mathematics, 09.10.2019 02:10, anthonyhaywood

The bureau of the census reports that the median family income for all families in the united states during the year 2003 was $43,318. that is, half of all american families had incomes exceeding this amount, and half had incomes equal to or below this amount. suppose that four families are surveyed and that each one reveals whether its income exceeded $43,318 in 2003.(a)list the points in the sample space. (enter your answer in set notation. let g represent the event that a family's income is greater than $43,318, and n represent that the family's income is not greater than $43,318.)

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