Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

Exercise 2

In what direction will each of the following occurrences shift the consumption and saving schedules, other things equal? a. A large decrease in real estate values, including private homes.
B) A sharp, sustained increase in stock prices.
C) A 5-year increase in the minimum age for collecting Social Security benefits.
D) An economy-wide expectation that a recession is over and that a robust expansion will occur.
E) A substantial increase in household borrowing to finance auto purchases.