A Person Is Calculating His Permanent Income by Adaptive Expectations

question 63

Multiple Choice

A person is calculating his permanent income by adaptive expectations.Last year's permanent income was 38,000,this year's actual income is 44,000,and j = 0.25.This year his permanent income is

• A)39,500.
• B)42,500.
• C)59,000.
• D)20,500

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Definitions:

Conglomeration

The process or result of the combination of multiple businesses, operating in diverse industries, under one corporate group.

Cross-Media Control

Involves the ownership and management of multiple types of media outlets, including television, radio, newspapers, and online platforms, by a single entity.

Sourcing

The process of finding and acquiring goods, services, or information from external suppliers or sources.

Press Releases

Written or recorded communication directed at members of the news media for the purpose of announcing something purportedly newsworthy.