The factors that shift the savings and consumption schedule include all of these 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 allocation of spending within consumption but not the overall level of savings or consumption.

The Factors That Shift the Savings and Consumption Schedule Include