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The Figure Above Shows Three Different Consumption Functions for a Nation

Question 221

Multiple Choice

The figure above shows three different consumption functions for a nation. -Which of the following events could result in the consumption function shifting from CF₀ to CF₂? A) an increase in disposable income B) a decrease in disposable income C) a decrease in the real interest rate D) a decrease in wealth E) an increase in expected future income
The figure above shows three different consumption functions for a nation.
-Which of the following events could result in the consumption function shifting from CF₀ to CF₂?


A) an increase in disposable income
B) a decrease in disposable income
C) a decrease in the real interest rate
D) a decrease in wealth
E) an increase in expected future income

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