What happened to the relative amounts of borrowing

Assignment Help Econometrics

Reference no: EM13221076

The Tax Reform Act of 1986 eliminated the deductibility of interest payments on consumer debt (mostly credit cards and auto loans) but maintained the deductibility of interest payments on mortgages and home equity loans. What do you think happened to the relative amounts of borrowing through consumer debt and home equity debt

Reference no: EM13221076

Questions Cloud

What advantages accrue to training evaluation : What advantages accrue to training evaluation that measures return on investment (ROI)? What are some of the obstacles to implementing ROI measures, and how can they be overcome?

Was the higher price caused by change in demand : In the last month, the price of gasoline increased by 20 percent. Your job is to determine what caused the increase in price: a change in demand or a change in supply. Ms. Info has all the numbers associated with the gasoline market.

Explain the partial pressure of gases : The gas from a certain volcano had the following composition in mole percent (that is, mole fraction multiplied by 100). 56.0% CO2, 34% H2, 5.4% HCl, 2.4% HF, 2.1% SO2, and 0.1% H2S What would be the partial pressure of each of these gases if the t..

What factors influence the choice of evaluation design : What factors influence the choice of evaluation design? Which of these factors would have the greatest influence on your choice of an evaluation design? Which would have the smallest influence? Explain your choices.

What happened to the relative amounts of borrowing : The Tax Reform Act of 1986 eliminated the deductibility of interest payments on consumer debt (mostly credit cards and auto loans) but maintained the deductibility of interest payments on mortgages and home equity loans.

What is the strategy of the organization : Using your own words, define strategy. What is the strategy of the organization you currently work for, or one that you worked for in the past?

Select an example of your choice : According to Porter, strategy is about trade-offs and choices. Select an example of your choice and elaborate on this statement. Do you agree or disagree? Use your example to support your position.

Define hot water extract of caffeine in to an ice bath : caffeine is about 10 times as soluble in hot water as in cold water, a chemist puts hot water extract of caffeine in to an ice bath and some crystallizes. is the remaining solution saturated unsaturated or supersaturated and why?

Find optimal number of bottles to package together for sale : Suppose a typical consumer's inverse demand function for bottled water at a resort area where one firm owns all the rights to a local spring is given by P = 15 - 3Q. The marginal cost for gathering and bottling the water is $3 per gallon.

User Account

All Pages