Which of the following events will cause a reduction in equilibrium output?
A) an increase in the marginal propensity to save
B) an increase in taxes
C) a reduction in the marginal propensity to consume
D) all of the above
E) none of the above
Question 2
Based on our understanding of the paradox of saving, we know that a reduction in the desire to save will cause
A) an increase in equilibrium GDP.
B) a reduction in GDP.
C) an increase in the desire to invest.
D) no change in equilibrium GDP.
E) a permanent reduction in the level of saving.
Events of the absorptive state.
Summary of events in a typical humoral immune response.
Analogy for How Magnetic Field Strengths Increase
Major Events in the History of Psychology
By age 3, children develop scripts for common events such as eating at a restaurant.
Inferring Productivity from Data on Output and Factor Accumulation