If disposable income increases
A) the consumption function shifts upward.
B) there is a movement upward along the consumption function.
C) the consumption function shifts downward.
D) there is movement downward along the consumption function.
Correct Answer:
Verified
Q30: There is a movement along the consumption
Q31: Autonomous consumption is equal to
A) saving when
Q32: Q33: The positive slope of the consumption function Q34: If real disposable income increases by $1,500, Q36: Between 2013 and 2014 the government estimates Q37: Which of the following will NOT shift Q38: The consumption function shows how much Q39: The slope of the consumption function is Q40: The slope of the consumption function is
A) all
A)
A)
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