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Y6 can you solve number 3a,3b, & 3c ? 3. Use the goods market diagram to analyze the effects of the following on national saving,

Y6

can you solve number 3a,3b, & 3c ?

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3. Use the goods market diagram to analyze the effects of the following on national saving, investment, and the real interest rate. Explain your answer. (a) Consumers become more future-oriented and thus decide to save more. (b) The government introduces an investment tax credit (offset by other types of taxes, so total tax collections remain unchanged). (c) A large number of accessible oil deposits are discovered, which increases the expected future marginal product of oil rigs and pipelines (MPKS). It also causes an increase in expected future income

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