The consumption function shifts upward when
A) real income increases.
B) saving increases.
C) the real wealth of the average household increases.
D) population decreases.
Correct Answer:
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Q120: Q122: The consumption function relates Q123: Which of the following would be expected Q124: At a level of real disposable income Q127: Which of the following is correct? Q128: When disposable income equals consumption expenditures, then Q129: Dissaving is Q130: The relationship between planned real consumption expenditures Q130: The consumption function will shift with Q139: What can we say about APC +
A)a household's consumption to
A)1 +
A)saving
A)impossible in the simple Keynesian model.
B)the
A)an increase
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