Multiple Choice
An increase in the income-dependent portion of the consumption function would correspond to a
A) Shift of the consumption function upward.
B) Shift of the consumption function downward.
C) Movement along the consumption function to the right.
D) Movement along the consumption function to the left.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: If the MPC is 0.8 and the
Q31: Table 9.1 <span class="ql-formula" data-value="\begin{array}
Q32: The marginal propensity to consume can be
Q33: Which of the following is not considered
Q34: If wealth rises,<br>A)There will be a movement
Q36: Which of the following is not a
Q37: If the investment demand curve shifts to
Q38: The largest component of aggregate spending is
Q39: Autonomous consumption depends on all of the
Q40: Which of the following will cause an