If Consumers Save Some of Their Income, Aggregate Demand Cannot

question 297

True/False

If consumers save some of their income, aggregate demand cannot be equal to short-run aggregate supply.

---

Definitions:

Most Populous Cities

Cities that have the highest number of inhabitants in a particular region or the world.

Married Households

Refers to living units consisting of spouses or partners, with or without children, officially registered as married or in a recognized union.

Fastest-growing Households

Households that are increasing in size or economic status at a rate significantly higher than the average.

American Household

A domestic unit in the United States, which may consist of family members and/or other unrelated individuals who live together.