1. An increase in expected future output while holding today's output constant would A. increase today's desired consumption and decrease desired national saving. B. decrease today's desired consumption and decrease desired national saving. OC. increase today's desired consumption and increase desired national saving. OD. decrease today's desired consumption and increase desired national saving.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Six Debates Over Macroeconomic Policy
Section: Chapter Questions
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1. An increase in expected future output while holding today's output constant would
A. increase today's desired consumption and decrease desired national saving.
B. decrease today's desired consumption and decrease desired national saving.
C. increase today's desired consumption and increase desired national saving.
D. decrease today's desired consumption and increase desired national saving.
Transcribed Image Text:1. An increase in expected future output while holding today's output constant would A. increase today's desired consumption and decrease desired national saving. B. decrease today's desired consumption and decrease desired national saving. C. increase today's desired consumption and increase desired national saving. D. decrease today's desired consumption and increase desired national saving.
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