Multiple Choice
Which of the following events would produce an upward shift in the consumption function, other things being equal?
A) an increase in consumer wealth
B) a decrease in consumer wealth
C) a decrease in autonomous consumption
D) an increase in the interest rate
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following would cause a
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Q6: The marginal propensity to save is:<br>A) the
Q7: Exhibit 8-2 Consumption function<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX8793/.jpg" alt="Exhibit 8-2
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