Suppose the Economy's Saving Schedule Shifts from S₁to S₂as Shown

question 200

Multiple Choice

Suppose the economy's saving schedule shifts from S₁to S₂as shown in the below diagram.We can say that its:

• A)MPC has increased.
• B)MPS has increased.
• C)APS has increased at all levels of disposable income.
• D)APS has decreased at all levels of disposable income.

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Definitions:

Conchae

Curved bony projections inside the nasal cavity that help to filter, warm, and moisten air as it is inhaled.

Pandemic

An outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population.

Hypoxia

A lack of oxygen.

Pulmonary Fibrosis

A lung disease that occurs when lung tissue becomes damaged and scarred, leading to severe breathing difficulties.