An upward shift of the consumption function can be caused by:
A)expectations of higher incomes
B)expectations of higher incomes.
C)expectations of less income
D)expectations of less income.
E)a stock market crash
F)a stock market crash.
G)a reduction in the wealth of households
H)a reduction in the wealth of households.

Question

Quizplus · Accepted Answer

The Answer of An upward shift of the consumption function can be caused by:
A)expectations of higher incomes
B)expectations of higher incomes.
C)expectations of less income
D)expectations of less income.
E)a stock market crash
F)a stock market crash.
G)a reduction in the wealth of households
H)a reduction in the wealth of households.

An Upward Shift of the Consumption Function Can Be Caused