Which of the following will shift the consumption function upward?
A) a tax increase
B) expectations of inflation
C) higher disposable income
D) lower wealth holdings
Correct Answer:
Verified
Q58: Exhibit 8-7 Consumption function Q59: Exhibit 8-2 Consumption function Q60: The marginal propensity to save is: Q61: Which one of the following will shift Q62: The consumption function will shift for all Q64: If people expect prices to fall in Q65: An upward shift in the consumption function, Q66: A movement along a consumption function is Q67: An increase in the price level, other Q68: If the interest rate increases, then the:
A) the
A)
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