Which of the following will NOT shift the consumption function upward?
A) an increase in wealth
B) an increase in disposable income
C) a fall in the real interest rate
D) None of the above shift the consumption function upward.
Correct Answer:
Verified
Q27: If real disposable income increases by $1500,
Q28: The slope of the consumption function is
A)
Q29: As disposable income increases, consumption expenditures
A) increase
Q30: A movement along the consumption function to
Q31: Q33: _consumption is consumption that will occur_ the Q34: If disposable income increases, Q35: The graph of the consumption function has Q36: Autonomous consumption Q37: 
A) there is movement
A) increases with income.
B) decreases with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents