An increase in disposable income
A) results in a movement upward along the saving function.
B) results in a movement downward along the saving function.
C) shifts the saving function downward.
D) shifts the saving function upward.
Correct Answer:
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Q6: An increase in the size of the
Q7: According to Keynesian theory, the typical firm
A)lowers
Q8: The relationship between net exports and GDP
Q9: Suppose that last year the slope of
Q10: If real GDP is $13 billion and
Q12: If the price level rises, the purchasing
Q13: _ consumption is consumption that will occur
Q14: Dissaving
A)is equal to the amount of saving
Q15: If prices are fixed, an increase in
Q16: Disposable income is
A)income minus taxes plus transfer
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