Multiple Choice
The figure given below shows the consumption function of a household.
Figure 9.2
-In Figure 9.2, an increase in autonomous consumption would be illustrated by:
A) moving from point A to point D.
B) moving from point A to point B.
C) shifting the whole consumption function upward.
D) shifting the whole consumption function downward.
E) moving from point C to point B.
Correct Answer:
Verified
Correct Answer:
Verified
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