Which of the following will not cause the consumption schedule to shift?
A) a sharp increase in the amount of wealth held by households
B) a change in consumer incomes
C) the expectation of a recession
D) a growing expectation that consumer durables will be increasing in price soon
Correct Answer:
Verified
Q45: Q46: At the point where the consumption schedule Q47: An upward shift of the saving schedule Q48: The wealth effect is shown graphically as Q49: The saving schedule is such that as Q51: If the saving schedule is a straight Q52: Which of the following will not tend![]()
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