The factors that would shift the savings and consumption schedule include all of the following EXCEPT:
A) household debt.
B) tastes and preferences from durable goods and nondurable goods.
C) wealth.
D) taxes.

Question

Quizplus · Accepted Answer

Tastes and preferences from durable goods and nondurable goods do not directly shift the savings and consumption schedule; they influence the composition of consumption but not the overall level of savings or consumption.

The Factors That Would Shift the Savings and Consumption Schedule