Multiple Choice
Which of the following would cause an upward shift in the consumption function?
A) a stock market crash
B) an increase in the price level
C) a decrease in disposable income
D) a decrease in the price level
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: The tax cut of 2009 had little
Q102: When aggregate demand decreases rapidly, the economy
Q112: Government transfer payments are income earned by
Q150: For those in the lowest tax bracket,
Q154: A movement from one point to an
Q155: Which of the following is a transfer
Q157: Scatter diagrams are a useful way to
Q171: Why is investment spending a highly volatile
Q177: According to the relationship represented by the
Q193: The circular flow diagram is best described