Guideline Saving 2, (3, National Income 1. Only one of the lines in this graph does not represent the savings function. It is: V A. Line No. 1 B. Line No. 2 C. Line No. 3 D. Line No. 4 2. If the marginal propensity to consume increase which one of the following sentences represent the movement of the savings function. A. from Line No. 2 to line No.1 B. from Line No. 3 to line No.2 C. from Line No. 2 to line No. 3 D. from Line No. 4 to line No.3

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?
Section: Chapter Questions
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GuldeLine
Saving
(2
National Income
1. Only one of the lines in this graph does not represent the savings function. It is:
A. Line No. 1
B. Line No. 2
C. Line No. 3
D. Line No. 4
2. If the marginal propensity to consume increase which one of the following sentences represent the movement of the savings function.
A. from Line No. 2 to line No. 1
B. from Line No. 3 to line No.2
C. from Line No. 2 to line No.3
D. from Line No. 4 to line No.3
Transcribed Image Text:GuldeLine Saving (2 National Income 1. Only one of the lines in this graph does not represent the savings function. It is: A. Line No. 1 B. Line No. 2 C. Line No. 3 D. Line No. 4 2. If the marginal propensity to consume increase which one of the following sentences represent the movement of the savings function. A. from Line No. 2 to line No. 1 B. from Line No. 3 to line No.2 C. from Line No. 2 to line No.3 D. from Line No. 4 to line No.3
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