According to the Bureau of Economic Analysis, during the recession of 20072009, household saving as a fraction

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According to the Bureau of Economic Analysis, during the recession of 2007–2009, household saving as a fraction of disposable personal income increased from a low of just over 1 percent in the first quarter of 2008 to 5 percent in the second quarter of 2009. All else equal, what impact would this change in saving have on the MPC, MPS, and multiplier? How would this change affect equilibrium output when planned investment changes?

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