Which of the following would not shift the consumption function upwards?
A) an increase in wealth
B) an increase in disposable income
C) a decrease in the price level
D) a decline in the interest rate
E) a more optimistic outlook about the future
Correct Answer:
Verified
Q113: Which of the following would not increase
Q114: A drop in stock prices will _
Q115: A grocery store manager has $600 in
Q116: A household that expects a decrease in
Q117: Which of the following would shift the
Q119: Economists assume that the fundamental motive of
Q120: If a new pizza oven costs $50,000
Q121: Which of the following would be most
Q122: Mr.Green is considering four possible investment opportunities,each
Q123: Less of society's resources will be channeled
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents