Say Ali defines his permanent income as the average income this year and the past 4 years’ incomes. Furthermore he always consume 3/5 of his permanent income. His incomes record over these years has been:
Yt = 46,000
Yt-1 = 42,000
Yt-2 = 36,000
Yt-3 = 32,000
Yt-4 = 30,000
If next year his income increases to Yt+1 = 50,000 by how much will Ali’s consumption change between year t and year t+1?
Explain the assumption regarding consumers’ behavior in the life-cycle-permanent-income hypothesis which needs to be changed in order to explain the presence of precautionary, or buffer-stock saving.
Strategy 1: Strengthen the Economic Growth
“Industrial areas that have public facilities or infrastructure maintained systematically among the major factors that support the development of the industry. In this case, the incentive to 100 percent income tax exemption for a period of five years will be provided to encourage the private sector to maintain and improve industrial in less developed areas. Whereas the incentive to 70 percent income tax exemption for a period of five years will be provided to the private sector to manage the industrial in other areas.”
Strategy 6: Building an Nation Youth Program Transformation
“This scheme offers the first home ownership are worth not more than 500 thousand ringgit, to youth married couple, aged 25 to 40 years old and have a household income of not more than 10-thousand ringgit. The maximum loan period is 35 years.”
“Under this scheme also 200 ringgit per month is given by the government for the first two years to reduce the burden of monthly housing loan installment. Exemption of 50 percent stamp duty on the instrument of transfer and loan agreement are also given.”
Discuss the impact of fiscal stimulus on the business fixed investment and residential investment.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.