When the real interest rate rises, there is
A) an upward movement along the consumption function.
B) a downward movement along the consumption function.
C) neither a shift of the consumption function nor a movement along the consumption function.
D) an upward shift of the consumption function.
E) a downward shift of the consumption function.

Question

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The Answer of When the real interest rate rises, there is
A) an upward movement along the consumption function.
B) a downward movement along the consumption function.
C) neither a shift of the consumption function nor a movement along the consumption function.
D) an upward shift of the consumption function.
E) a downward shift of the consumption function.

When the Real Interest Rate Rises, There Is