Multiple Choice
Which of the following is least likely to cause a shift of the consumption function?
A) A change in the level of saving
B) A change in consumer expectations about future prices
C) A change in household wealth
D) A change in investment spending
E) A change in the interest rate
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The table given below shows the
Q3: A decrease in stock prices will _
Q4: Which of the following is an effect
Q5: An increase in autonomous investment in an
Q6: As disposable income increases,_.<br>A)consumption and saving both
Q8: The consumption function assumes that:<br>A)only disposable income
Q9: Which of the following best describes aggregate
Q10: Fluctuations in investment:<br>A)account for almost all of
Q11: If the marginal propensity to consume (MPC)is
Q12: When economists say investment is autonomous,they mean