Which of the following will NOT shift the consumption function upward?
A) an increase in disposable income
B) a fall in the real interest rate
C) an increase in wealth
D) an increase in price
Correct Answer:
Verified
Q32: Q33: The positive slope of the consumption function Q34: If real disposable income increases by $1,500, Q35: If disposable income increases Q36: Between 2013 and 2014 the government estimates Q38: The consumption function shows how much Q39: The slope of the consumption function is Q40: The slope of the consumption function is Q41: In a diagram with the consumption function, Q42: With consumption expenditure on the vertical axis
A) the consumption function
A) all
A)
A)
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