If for Some Reason Households Become Increasingly Thrifty, We Could

question 16

Multiple Choice

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

• A)a downshift of the saving schedule.
• B)an upshift of the consumption schedule.
• C)an upshift of the saving schedule.
• D)an increase in the equilibrium GDP.

---

Definitions:

Allergy

An allergy is a hypersensitive immune response to a substance that is normally harmless to most people, such as pollen, food, or pet dander.

Severe Cough

A forceful release of air from the lungs under high pressure, often persistently strong and indicative of a significant respiratory condition.

Common Cold

A viral infection typically causing runny nose, sore throat, cough, and sneezing.

Influenza

A highly contagious viral infection that affects the respiratory system, characterized by symptoms like fever, cough, and body aches.