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If Expectations of Future Income Become More Optimistic,which of the Following

Question 168

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.

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