A change in interest rates would shift the consumption schedule and the saving schedule ; a change in taxes would shift these two schedules _.
A) in the same direction; also in the same direction
B) in the same direction; in opposite directions
C) in opposite directions; also in opposite directions
D) in opposite directions; in the same direction
Correct Answer:
Verified
Q141: If the consumption schedule shifts downward, and
Q142: The saving schedule would be shifted upward
Q144: If consumers expect prices to rise and
Q145: As the consumption and saving schedules relate
Q146: A lower real interest rate typically induces
Q147: In an economy, for every $1,600 decrease
Q187: As disposable income decreases, the
A) average propensity
Q204: If there is a decrease in disposable
Q225: In an economy, for every $10 million
Q227: The fraction, or percentage, of total income
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents