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-Refer to Figure 11-3

Question 43

Multiple Choice

  -Refer to Figure 11-3.Which of the following could explain the shift from C₁ to C₂? A)  An increase in disposable income B)  An increase in net taxes that increases the marginal propensity to consume C)  A decrease in net taxes that increases the marginal propensity to consume D)  An increase in net taxes that increases autonomous consumption spending E)  A decrease in net taxes that increases autonomous consumption spending.
-Refer to Figure 11-3.Which of the following could explain the shift from C₁ to C₂?


A) An increase in disposable income
B) An increase in net taxes that increases the marginal propensity to consume
C) A decrease in net taxes that increases the marginal propensity to consume
D) An increase in net taxes that increases autonomous consumption spending
E) A decrease in net taxes that increases autonomous consumption spending.

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