If the consumption function shifts upward, what happens to the saving function? Why?
Question:
If the consumption function shifts upward, what happens to the saving function? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
If the consumption function shifts upward the saving function shifts downward ...View the full answer
Answered By
Michael Mulupi
I am honest,hardworking, and determined writer
4.70+
72+ Reviews
157+ Question Solved
Related Book For
Macroeconomics Canada In The Global Environment
ISBN: 9780321931207
9th Edition
Authors: Michael Parkin, Robin Bade
Question Posted:
Students also viewed these Business questions
-
What happens to national saving when the government runs a budget surplus? What is the twin deficits idea? Did it hold for the United States in the 1990s? Briefly explain.
-
If the consumption function is C = 100 + 0.75YD, I = 200, government spending is 200, and net exports are zero, what will be the equilibrium level of output? What will happen to aggregate output if...
-
If the consumption function is C = 100 + 0.75Y D , I = 200, government spending is 200, and net exports are zero, what will be the equilibrium level of output? What happens to aggregate output if...
-
At 100C, what is the maximum solubility of the following: (a) Pb in Sn (b) Sn in Pb
-
Consider a system of two infinite queues in series, where each of the two service facilities has a single server. All service times are independent and have an exponential distribution, with a mean...
-
1. Is there any way in which peoples behaviour towards the global commons can be changed so as to reduce the problem of global warming? 2. List some factors which would make successful management of...
-
What would you expect the nominal rate of interest of German government bonds to be if the real rate is 6 percent and the expected inflation rate is 9 percent?
-
A steam coil is immersed in a stirred heating tank. Saturated steam at 7.50bar condenses within the coil, and the condensate emerges at its saturation temperature. A solvent with a heat capacity of...
-
estion 45: Which key lets you select multiple worksheets in a workbook? swer: (Shift) 13 (Tab) O (Alt) O (Enter)
-
Explain why induced consumption expenditure differs from autonomous consumption expenditure. Why isnt all consumption expenditure induced expenditure?
-
Why is there a two-way link between consumption and GDP?
-
With U.S. Census Bureau data, the model that relates the average annual earnings (in thousands of dollars) of females, F, and males, M, with various levels of educational attainment was found to be F...
-
A taxpayer dispose of an asset by gift with a Cost base of 50,000 SR. The market value of those assets at the time of disposal is 70,000 SR. Required: What is gain or loss on the asset disposed of...
-
Give the derivatives and simplify. 2 a) y = x + cos 2x
-
In which one of the following lists are ALL items relevant to the determination of employment income? Employee RPP contributions; signing bonus on accepting employment; use of an employer - owned...
-
A CAT 777 is being used to haul washed bituminous coal. The empty truck weighs 223,000 pounds. It can carry up to 200,000 pounds. The heaped capacity is 60 loose cubic yards. This coal weighs 1400 lb...
-
Ethane is produced from the hydrogenation of acetylene. Acetylene and hydrogen are fed to a reactor in stoichiometric ratio . The product stream is analyzed and found to contain 20% by mole...
-
Show that the difference method w0 = , wi+1 = wi + a1f (ti ,wi) + a2f (ti + 2,w1 + 2f (ti ,wi)), For each i = 0, 1. . . N 1, cannot have local truncation error O (h3) for any choice of constants a1,...
-
Differentiate. y = ln(3x + 1) ln(5x + 1)
-
In Problem 11, the banks have no excess reserves. Suppose that the Bank of Nocoin, the central bank, increases bank reserves by $0.5 billion. a. What happens to the quantity of money? b. Explain why...
-
In Problem 11, the banks have no excess reserves. Suppose that the Bank of Nocoin, the central bank, decreases bank reserves by $0.5 billion. a. Calculate the money multiplier. b. What happens to the...
-
In January 2011, currency was $57 billion and banks held $4 billion of notes and coins; personal chequable deposits were $204 billion; nonpersonal chequable deposits were $264 billion; personal...
-
September 24, 2022 September 25, 2021 September 26, 2020 Net sales: Products $ 316,199 $ 297,392 $ 220,747 Services 78,129 68,425 53,768 Total net sales 394,328 365,817 274,515 Cost of sales:...
-
QUESTION: Job Costs Using a Plantwide Overhead Rate Naranjo Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $390,000, and budgeted direct labor hours...
-
What is the book value of an equipment in three (3) years, that was bought for $50,000, with a salvage value of $10,000, and a expected life of seven (7) years using the Straight line method?
Study smarter with the SolutionInn App