Multiple Choice
Which of these will NOT cause an increase in the consumption schedule?
A) an increase in the wealth of a family
B) an increase in the price of gas
C) an increase in household debt
D) a decrease in one's personal taxes
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: If the marginal propensity to consume is
Q2: To understand the paradox of thrift, it
Q3: Investment levels depend mainly on<br>A) high levels
Q4: Added spending causing income to grow by
Q6: The recessionary gap is equal to the
Q7: If the government spends $1 billion to
Q8: How large was the unemployment rate during
Q9: The full Keynesian model illustrates the importance
Q10: A luxury car manufacturer is contemplating investing
Q11: Decreases in government spending _ equilibrium income,