What are the variables consumption shedule

Reference no: EM13237870

What are the variables (the items measured on the axes) in a graph of the a) consumption shedule and b) the saving schedule? Are the variables inversely (negatively) related or are they directly (positively) related? What is the fundamental reason that te levels of consummption and saving in the United States are each higher today than they were a decade ago?

Reference no: EM13237870

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