Why does a downshift of the consumption schedule typically involve an equal upshift of the saving schedule?

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Why does a downshift of the consumption schedule typically involve an equal upshift of the saving schedule? What is the exception to this relationship?

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Macroeconomics

ISBN: 9780077337728

19th Edition

Authors: Campbell Mcconnell, Stanley Brue, Sean Flynn, Flynn Mcconnell Brue

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Question Posted: Feb 16, 2024 10:00 AM

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Explain why an upward shift of the consumption schedule typically involves an equal downshift of the saving schedule. What is the exception to this relationship?
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Why does a downshift of the consumption schedule typically involve an equal upshift of the saving schedule?

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The downshift of the consumption schedule and the upshift of the saving schedule are typically linked due to the relationship between consumption and ...View the full answer

Macroeconomics

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