Respuesta :
If the consumption schedule shifts upward, the saving schedule will also shift upward.
What is consumption?
Utilizing resources to fulfil present needs and desires is referred to as consumption. In contrast, investing entails making purchases in order to generate future income. A key concept in economics, consumption is also explored in many other social sciences. The definition of consumption varies across economics schools. The final purchase of newly goods and services produced by individual people for immediate use is the only type of spending that is considered consumption, according to mainstream economists. Other types of spending, such as fixed investment, intermediate consumption, as well as government spending, are classified separately (see consumer choice). Other economists have a much broader definition of consumption, which they define as the totality of all economic activity outside of the creation, distribution, and sale of goods and services.
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