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In the long run, what happens to consumption in the economy when people are saving less?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter9: Aggregate Expenditures

Section: Chapter Questions

Problem 12E

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Question

In the long run, what happens to consumption in the economy when people are saving less?

a) remains the same

b) cannot tell from the graph

c) decreases

d) increases

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