Multiple Choice
Which of the following would shift the consumption function downward?
A) a decrease in stock prices
B) a lower interest rate
C) a lower price level
D) lower disposable income
E) expectations of higher future prices
Correct Answer:

Verified
Correct Answer:
Verified
Q148: The economy's investment demand curve shows the
Q149: Expectations that the price level will increase
Q150: If income increases by $100 and the
Q151: If income rises from $6.0 trillion to
Q152: Net exports<br>A)increase as real domestic income increases<br>B)decrease
Q154: A decrease in the price level will<br>A)decrease
Q155: Exhibit 9-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 9-4
Q156: Less of society's resources will be channeled
Q157: If autonomous investment were measured on the
Q158: Exhibit 9-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 9-3