Multiple Choice
If the real interest rate increases, there is
A) a movement upward along the consumption function.
B) a movement downward along consumption function.
C) an upward shift of the consumption function.
D) a downward shift of the consumption function.
E) a change in the slope of the consumption function.
Correct Answer:

Verified
Correct Answer:
Verified
Q55: When the real interest rate falls, the
Q56: 14.5 Chapter Figures<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1454/.jpg" alt="14.5 Chapter
Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1454/.jpg" alt=" The figure
Q59: A country reports that unplanned inventories increased
Q61: When disposable income is zero, consumption expenditure
Q62: If the marginal propensity to consume is
Q63: Induced expenditure is any expenditure that<br>A) is
Q64: Moving along the aggregate expenditure (AE) curve,
Q65: An increase in the price level shifts
Q246: List and explain factors that influence consumption