The saving schedule shown in the diagram 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 rose.

Question

The saving schedule shown in the diagram 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 rose.

Quizplus · Accepted Answer

The Answer of  The saving schedule shown in the diagram 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 rose.

The Saving Schedule Shown in the Diagram Would Shift Downward