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Refer to the Given Graph

Question 94

Multiple Choice

Refer to the given graph. A shift of the consumption schedule from C2 to C1 might be caused by a(n) A) increase in real GDP. B) reverse wealth effect, caused by a decrease in stock market prices. C) decrease in income tax rates. D) decrease in saving. Refer to the given graph. A shift of the consumption schedule from C2 to C1 might be caused by a(n)


A) increase in real GDP.
B) reverse wealth effect, caused by a decrease in stock market prices.
C) decrease in income tax rates.
D) decrease in saving.

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