If an individual consumes only two goods and consumption of one good increases, then in order to keep the consumer on the same indifference curve, consumption of the other good must

Saving is a leakage from the circular flow. Why didn't the classical economists think saving might cause consumption expenditures to fall short of total output?

What will be an ideal response?

Between 1820 and 1860, in the U.S.,

a. real wages rose. b. unskilled workers' earnings fell relative to skilled workers' earnings. c. fertility rates fell. d. the number of self-employed workers fell. e. All of the above.