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

Question 185

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Figure 13-3 Figure 13-3 -Refer to Figure 13-3. Suppose the consumption function is given by curve C<sub>1</sub>. Which of the following will cause an upward shift to curve C<sub>2</sub>? A) a decrease in wealth B) an increase in price level C) an increase in interest rates D) an increase in consumer confidence
-Refer to Figure 13-3. Suppose the consumption function is given by curve C1. Which of the following will cause an upward shift to curve C2?


A) a decrease in wealth
B) an increase in price level
C) an increase in interest rates
D) an increase in consumer confidence

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