Figure 13-3 -Refer to Figure 13-3. Suppose the Consumption Function Is Given

Multiple Choice

Figure 13-3
-Refer to Figure 13-3. Suppose the consumption function is given by curve C₁. What will cause an upward shift to curve C₂?

A) an increase in the amount consumed as disposable personal income increases.
B) an increase in consumption at any level of disposable personal income
C) an increase in the price level
D) an increase in transfer payments