If for Some Reason Households Become Increasingly Thrifty, We Could

question 82

Multiple Choice

If for some reason households become increasingly thrifty, we could show this by

• A) a downshift of the saving schedule.
• B) an upward shift of the consumption schedule.
• C) an upward shift of the saving schedule.
• D) a movement down along a stable consumption function.

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Definitions:

Genetic Tendency

A predisposition for certain traits or conditions to be passed down from parents to offspring through their genes.

Differentiation

The process by which behaviors and physical structures become more specialized.

Visual Cliff

An experimental apparatus used to study infants' perception of depth and their ability to assess risks of falling.

Infant's Posture

Infant's posture refers to the common positions and alignments that an infant's body takes, which evolve as they grow and develop motor skills.