The saving schedule is such that as aggregate income increases by a certain amount saving:
A)increases by the same amount as the increase in income.
B)does not change.
C)increases, but by a smaller amount.
D)increases by an even larger amount.
Answer:C
The saving schedule is such that as aggregate income increases by a certain amount saving:
A)increases by the same amount as the increase in income. B)does not change. C)increases, but by a smaller amount. D)increases by an even larger amount.