Multiple Choice
An upward shift in the saving function
A) will cause GDP to rise.
B) will have the same effect on GDP as an upward movement along the saving function.
C) means that, at any given level of income, people want to save less.
D) will cause GDP to fall by an amount equal to the shift divided by the marginal propensity to save.
E) means that the marginal propensity to save must have fallen.
Correct Answer:

Verified
Correct Answer:
Verified
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