The saving schedule shown in the diagram below would shift downward if, all else equal:
A)the average propensity to save increased at each income level.
B)the marginal propensity to save rose at each income level.
C)consumer wealth rose rapidly because of a significant increase in stock market prices.
D)the real interest rate increased.

Question

The saving schedule shown in the diagram below would shift downward if, all else equal: 
A)the average propensity to save increased at each income level. 
B)the marginal propensity to save rose at each income level. 
C)consumer wealth rose rapidly because of a significant increase in stock market prices. 
D)the real interest rate increased.

Quizplus · Accepted Answer

The Answer of The saving schedule shown in the diagram below would shift downward if, all else equal: 
A)the average propensity to save increased at each income level. 
B)the marginal propensity to save rose at each income level. 
C)consumer wealth rose rapidly because of a significant increase in stock market prices. 
D)the real interest rate increased.

The Saving Schedule Shown in the Diagram Below Would Shift