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Question 111

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Use the following to answer questions .
Exhibit: Consumption Functions
Figure 13-3 Use the following to answer questions . Exhibit: Consumption Functions Figure 13-3 -(Exhibit: Consumption Functions) Upward shifts of the consumption function, for example from C<sub>0 </sub> to C<sub>1</sub> to C<sub>2 </sub>demonstrate A) an increase in the marginal propensity to save. B) increases in the amount of consumption for a given level of disposable income. C) increases in the amount of disposable income available for consumption. D) a decrease in the marginal propensity to save.
-(Exhibit: Consumption Functions) Upward shifts of the consumption function, for example from C0 to C1 to C2 demonstrate


A) an increase in the marginal propensity to save.
B) increases in the amount of consumption for a given level of disposable income.
C) increases in the amount of disposable income available for consumption.
D) a decrease in the marginal propensity to save.

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