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    Exam 12: Consumption, Real GDP, and the Multiplier
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    The Consumption Function Will Shift Downward When
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The Consumption Function Will Shift Downward When

Question 321

Question 321

Multiple Choice

The consumption function will shift downward when


A) the rate of interest decreases.
B) household saving decreases.
C) real disposable income increases.
D) household wealth decreases.

Correct Answer:

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