If Expectations About Future Income Change,there Is

question 97

Multiple Choice

If expectations about future income change,there is

• A)a change in the quantity of loanable funds supplied and a movement along the supply of loanable funds curve.
• B)an increase in saving if people expect income to increase in the future.
• C)no change in saving until income actually changes.
• D)a decrease in saving if people expect income to increase in the future.
• E)a decrease in saving if people expect income to decrease in the future.

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Definitions:

Wilcoxon Rank Sum Test

A nonparametric test that compares two independent samples to determine if they come from the same distribution.

Liquid Dispensed

The volume of fluid distributed or allocated by a dispenser mechanism or device.

Significance Level

The threshold under which the p-value of a statistical test must fall before rejecting the null hypothesis, indicating statistical significance.

Significance Level

A threshold used in hypothesis testing to determine if the evidence is strong enough to reject the null hypothesis, typically denoted by alpha (α).