Use the Following to Answer Questions

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. What will cause an upward shift to curve C₂?

A) an increase in the amount consumed as disposable personal income increases.
B) an increase in consumption at any level of disposable personal income
C) an increase in the price level
D) an increase in transfer payments