Solved

All Else Being Equal, If Consumption Rises as a Share

Question 88

Multiple Choice

All else being equal, if consumption rises as a share of GDP, then


A) future consumption will fall.
B) people must be saving more.
C) there must have been an increase in GDP.
D) people must have experienced an increase in wealth.
E) there will be less available to consume in the future.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q83: The national saving rate<br>A)is positively related to

Q84: If the sum of the consumption and

Q85: Suppose the government share of GDP is

Q86: The investment share line will become flatter

Q87: The net export share has been negative

Q89: Suppose the government share of GDP is

Q90: When the real interest rate falls,<br>A)the investment

Q91: In a market economy, the interest rate

Q92: Which of the following situations best explains

Q93: Which of the following situations best explains