If Evan's income is reduced to zero after he loses his job, his consumption will be ________ and his saving will be ________. a.greater than zero; less than zero b.greater than zero; greater than zero c.less than zero; greater than zero d.less than zero; less than zero

If Evan's income is reduced to zero after he loses his job, his consumption will be and his saving will be . a.greater than zero; less than zero b.greater than zero; greater than zero c.less than zero; greater than zero d.less than zero; less than zero

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter9: Aggregate Demand

Section: Chapter Questions

Problem 1.2P

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Question

If Evan's income is reduced to zero after he loses his job, his consumption will be ________ and his saving will be ________.

a.greater than zero; less than zero

b.greater than zero; greater than zero

c.less than zero; greater than zero

d.less than zero; less than zero

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