Multiple Choice
A movement from one point to another point on the same consumption function could be caused due to
A) changes in wealth.
B) an increase in the general price level.
C) decrease in the real interest rates.
D) changes in disposable income.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Disposable income can be defined as national
Q2: If personal taxes are cut temporarily, the
Q3: Which factors will cause the consumption function
Q5: Do economists know the value of the
Q6: A change in the value of consumer's
Q7: If inflation rises more quickly in the
Q8: Imports are a leakage in the sense
Q9: The numerical value of the MPC is
Q10: The slope of the consumption function is
Q11: Most statistical studies on the relationship between