Multiple Choice
Use the following to answer questions .
Exhibit: Consumption Functions
Figure 13-3 
-(Exhibit: Consumption Functions) Suppose the consumption function is given by curve C1. Which of the following will cause a downward shift to curve C1?
A) a stock market crash that decreases household wealth
B) a decrease in price level
C) an increase in withholding tax rate
D) rising optimism about economic conditions
Correct Answer:
Verified
Correct Answer:
Verified
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