Multiple Choice
Expectations that disposable income will increase in the future will _____.
A) shift the current consumption function upward
B) shift the current consumption function downward
C) result in an upward movement along the current consumption function
D) make the current consumption function flatter
E) make the current consumption function steeper
Correct Answer:

Verified
Correct Answer:
Verified
Q69: The slope of the consumption function is
Q70: The aggregate demand curve of an economy
Q71: The figure given below shows the income-expenditure
Q72: The aggregate expenditure line shows total planned
Q73: In the simple aggregate expenditure model,the slope
Q75: The smaller the marginal propensity to save,other
Q76: If incomes in the United States increase,other
Q77: The fraction of a change in disposable
Q78: The amount of U.S.exports to the rest
Q79: Which of the following is not an