Which of the following is least likely to cause a shift of the consumption function?
A) A change in the level of saving
B) A change in consumer expectations about future prices
C) A change in household wealth
D) A change in investment spending
E) A change in the interest rate
Correct Answer:
Verified
Q22: If income increases by $100 and saving
Q23: A decrease in disposable income will:
A)shift the
Q24: An upward shift of the consumption function
Q25: The slope of the consumption function shows
Q26: Expectations that disposable income will increase in
Q28: A decrease in net wealth will _.
A)shift
Q29: A decrease in the price level will
Q30: Which of the following will shift the
Q31: Which of the following will not shift
Q32: An increase in the price level will:
A)make
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