If households decide to save a larger portion of their income, what effect would this have on the output, employment, and price level in the short run? What about the long run? That is the topic.Must contain the following.The discussion should be 250 words or more in length and make use of references from the course materials AND a scholarly reference or reference from awell respectedpublication (such asThe Economist,WSJ,NYTet al - wikipedia, the Guardian, CNBC, CNN et do not meet the thresholdExapmle of the grading rubric. Initial Post Contentview longer description 7 ptsAddresses all aspects of the initial discussion question(s), applying experiences, knowledge, and understanding regarding all weekly concepts.5 ptsAddresses most aspects of the initial discussion question(s), applying experiences, knowledge, and understanding of most of the weekly concepts.3 ptsAddresses some aspects of the initial discussion question(s), applying experiences, knowledge, and understanding of some of the weekly concepts.0 ptsMinimally addresses the initial discussion question(s), plagiarized or does not address the initial question(s). 7 / 7 pts Initial Post Lengthview longer description 5 pts250+ words relevant to the topic excluding references.4 pts200-250 words relevant to the topic excluding references.3 pts200-150 words relevant to the topic excluding references.2 pts150 or fewer words relevant to the topic excluding references.0 ptsNo postingComments248 words 4 / 5 pts Initial Post Evidence and Sourcesview longer description 8 ptsIntegrates evidence to support discussion from assigned readings OR online lessons, AND at least one outside scholarly source. Sources are credited.6 ptsIntegrates evidence to support discussion from assigned readings OR online lessons. Sources are credited.4 ptsIntegrates evidence to support discussion only from an outside source with no mention of assigned reading or lesson. Sources are credited.0 ptsDoes not integrate any evidence. 8 / 8 pts

If households decide to save a larger portion of their income, what effect would this have on the output, employment, and price level in the short run? What about the long run? That is the topic.Must...

If households decide to save a larger portion of their income, what effect would this have on the output, employment, and price level in the short run? What about the long run?

That is the topic.Must contain the following.The discussion should be 250 words or more in length and make use of references from the course materials AND a scholarly reference or reference from awell respectedpublication (such asThe Economist,
WSJ,NYTet al - wikipedia, the Guardian, CNBC, CNN et do not meet the threshold
Exapmle of the grading rubric.

Initial Post Contentview longer description	7 ptsAddresses all aspects of the initial discussion question(s), applying experiences, knowledge, and understanding regarding all weekly concepts.5 ptsAddresses most aspects of the initial discussion question(s), applying experiences, knowledge, and understanding of most of the weekly concepts.3 ptsAddresses some aspects of the initial discussion question(s), applying experiences, knowledge, and understanding of some of the weekly concepts.0 ptsMinimally addresses the initial discussion question(s), plagiarized or does not address the initial question(s).	7 / 7 pts
Initial Post Lengthview longer description	5 pts250+ words relevant to the topic excluding references.4 pts200-250 words relevant to the topic excluding references.3 pts200-150 words relevant to the topic excluding references.2 pts150 or fewer words relevant to the topic excluding references.0 ptsNo postingComments248 words	4 / 5 pts
Initial Post Evidence and Sourcesview longer description	8 ptsIntegrates evidence to support discussion from assigned readings OR online lessons, AND at least one outside scholarly source. Sources are credited.6 ptsIntegrates evidence to support discussion from assigned readings OR online lessons. Sources are credited.4 ptsIntegrates evidence to support discussion only from an outside source with no mention of assigned reading or lesson. Sources are credited.0 ptsDoes not integrate any evidence.	8 / 8 pts

Answered Same DayMar 07, 2021

Answer To: If households decide to save a larger portion of their income, what effect would this have on the...

Azra S answered on Mar 10 2021

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If households decide to save a larger portion of their income, what effect would this have on the output, employment, and price level in the short run? What about the long run?
Price, output and employment are all affected with the change in attitude of consumers, firms and government policies. This can be clearly understood through the working of Aggregate Demand and Aggregate Supply Curves.
In essence when consumers feel vulnerable they tend to spend less and households start saving money. This results in reduction of the consumer confidence level and results in a...

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If households decide to save a larger portion of their income, what effect would this have on the output, employment, and price level in the short run? What about the long run? That is the topic.Must...

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