If the MPC < 1 and a Household's Disposable Income

Multiple Choice

If the MPC < 1 and a household's disposable income increases by $2,000,the household's consumption will

A) increase by less than $2,000
B) increase by $2,000
C) decrease if the family was wealthy before the income change
D) remain the same unless the change in income significantly affects the household's wealth
E) remain the same