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    Exam 8: The Keynesian Model
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    Exhibit 8-11 Consumption Function in Exhibit 8-11, the Shift
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Exhibit 8-11 Consumption Function in Exhibit 8-11, the Shift

Question 110

Question 110

Multiple Choice

Exhibit 8-11 Consumption function Exhibit 8-11 Consumption function   In Exhibit 8-11, the shift from C to C' could be caused by a(n) : A) increase in disposable income. B) expectation of inflation. C) increase in interest rates. D) increase in the level of saving. E) decrease in household wealth. In Exhibit 8-11, the shift from C to C' could be caused by a(n) :


A) increase in disposable income.
B) expectation of inflation.
C) increase in interest rates.
D) increase in the level of saving.
E) decrease in household wealth.

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