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  3. Study Set
    Intermediate Macroeconomics
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    Exam 8: Consumption, Saving, and Investment
  5. Question
    If a Worker Gets a Promotion That Doubles Their Salary
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If a Worker Gets a Promotion That Doubles Their Salary

Question 26

Question 26

Multiple Choice

If a worker gets a promotion that doubles their salary, with the increase in salary we would expect them to:


A) save most of it.
B) reject it.
C) consume most of it.
D) consume half of it and save half of it.

Correct Answer:

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