Which one of the following will cause a movement down along an economy's consumption schedule?
A) an increase in stock prices
B) a decrease in stock prices
C) an increase in consumer indebtedness
D) a decrease in disposable income

Question

Quizplus · Accepted Answer

A decrease in disposable income will cause a movement down along an economy's consumption schedule, as consumers have less money to spend on goods and services regardless of stock prices or consumer indebtedness.

Which One of the Following Will Cause a Movement Down