A decrease in stock prices alters the consumption function by:
A) increasing the slope.
B) decreasing the slope.
C) increasing the vertical intercept.
D) decreasing the vertical intercept.
Correct Answer:
Verified
Q35: As disposable income increases, consumption:
A)increases.
B)decreases.
C)may either increase
Q36: Data on after-tax income and consumption
Q37: Changes in autonomous consumption could be the
Q38: When housing prices decrease, household wealth _,
Q39: If consumption increases by $9 when disposable
Q41: The portion of planned aggregate expenditure that
Q42: In Macroland, autonomous consumption equals 100, the
Q43: In Econland autonomous consumption equals 700, the
Q44: When prices are predetermined, the level of
Q45: Autonomous expenditure is the portion of planned
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