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Answer the Question on the Basis of the Following Consumption

Question 110

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Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars. Answer the question on the basis of the following consumption schedules.DI signifies disposable income and C represents consumption expenditures.All figures are in billions of dollars.   Refer to the given data.A $2 billion increase in consumption at each level of DI could be caused by: A)  a decrease in consumer wealth. B)  new expectations of higher future income. C)  an increase in taxation. D)  an increase in saving. Refer to the given data.A $2 billion increase in consumption at each level of DI could be caused by:


A) a decrease in consumer wealth.
B) new expectations of higher future income.
C) an increase in taxation.
D) an increase in saving.

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