Suppose the economy's saving schedule shifts from S1 to S 2 as shown inthe above diagram. We can say that its:S2Disposable incomeMPC has increased.MPS has increased.O APS has decreased at all levels of disposable income.O APS has increased at all levels of disposable income.Saving

Saving: Saving is pay not spent or conceded utilization. Techniques for setting aside incorporate…

Answered: Suppose the economy's saving schedule…

Suppose the economy's saving schedule shifts from S1 to S 2 as shown in the above diagram. We can say that its: S2 Disposable income MPC has increased Saving

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Suppose the economy's saving schedule shifts from S1 to S 2 as shown in
the above diagram. We can say that its:
S2
Disposable income
MPC has increased.
MPS has increased.
O APS has decreased at all levels of disposable income.
O APS has increased at all levels of disposable income.
Saving

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