Answer to Question #322818 in Macroeconomics for Conia

Question

If income is at a level at which planned saving is greater than planned investment, then: 

A. income will rise.

B. income will fall.

C. income will not change but saving will.

D. investment will rise. E. None of the above.

Answer 1

If income is at a level at which planned saving is greater than planned investment, then: 

NO A. income will rise.

YES B. income will fall.

NO C. income will not change but saving will.

NO D. investment will rise.

NO E. None of the above.