Multiple Choice
If expectations of future income become more optimistic,which of the following would occur?
A) Nothing would occur.
B) The consumption-income line would shift downward.
C) The consumption-income line would shift upward.
D) There would be an rightward movement along the consumption-income line.
E) There would be a leftward movement along the consumption-income line.
Correct Answer:

Verified
Correct Answer:
Verified
Q76: In the short-run macro model,cyclical unemployment is
Q163: Suppose each of the following news items
Q164: In the short-run macro model,what is the
Q165: The consumption function<br>A) illustrates the relationship between
Q166: To construct a graph that would enable
Q167: If autonomous consumption is $1,000,the MPC is
Q169: What is the main difference in the
Q170: Aggregate expenditure includes final spending by households,businesses,and
Q171: If the marginal propensity to consume is
Q173: In the short-run macro model,aggregate expenditures are