Which of the following situations best explains a rightward shift in the consumption share line?
A) A decrease in real interest rates
B) A decrease in income taxes
C) A decrease in the consumer confidence index
D) An increase in real interest rates
E) An increase in income taxes
Correct Answer:
Verified
Q34: The consumption share line is
A)downward-sloping because an
Q35: To understand how the shares of GDP
Q36: An increase in taxes will not affect
Q37: Saving by households can be thought of
Q38: Which of the following best explains what
Q40: The consumption share of GDP must grow
Q41: The investment share line will become flatter
Q42: The consumption share line is very sensitive
Q43: Suppose the exchange rate in the year
Q44: If the real interest rate increases and
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