Which of the following would be expected to shift the consumption function up?
A) Decreases in wealth
B) Expectations of harder times ahead
C) Increases in the nation's population
D) Changes in real disposable income
Correct Answer:
Verified
Q118: Q122: The consumption function relates Q124: At a level of real disposable income Q127: Which of the following is correct? Q128: When disposable income equals consumption expenditures, then Q130: The relationship between planned real consumption expenditures Q130: The consumption function will shift with Q133: According to Keynes, the primary determinant of Q137: How much people plan to consume at Q140: All of the following will shift the
A)a household's consumption to
A)1 +
A)saving
A)an increase
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