A decrease in the price level will _____
A) shift the consumption function upward.
B) make the consumption function steeper.
C) result in an upward movement along the consumption function.
D) result in a downward movement along the consumption function.
E) shift the consumption function downward.

Question

Quizplus · Accepted Answer

The Answer of A decrease in the price level will _____
A) shift the consumption function upward.
B) make the consumption function steeper.
C) result in an upward movement along the consumption function.
D) result in a downward movement along the consumption function.
E) shift the consumption function downward.

A Decrease in the Price Level Will _____