Multiple Choice
Which of the following would not shift the consumption function?
A) a change in net wealth
B) a change in interest rates
C) a change in the price level
D) a change in expectations
E) a change in disposable income
Correct Answer:
Verified
Correct Answer:
Verified
Q1: A drop in stock prices will _
Q2: A decrease in net wealth will<br>A)increase consumption
Q4: Exhibit 9-2<br> <span class="ql-formula" data-value="\begin{array} {
Q5: Which of the following is not investment
Q7: Induced consumption spending<br>A)represents consumption that is independent
Q8: The marginal propensity to save is the
Q9: Disposable income is equal to consumption<br>A)plus investment<br>B)plus
Q10: An rise in stock prices will _
Q34: A firm's level of investment is tied
Q45: If consumption is greater than income,saving must