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 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
Correct Answer:

Verified
Correct Answer:
Verified
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