Which of the following would be expected to shift the consumption function up?
A)decreases in wealth
B)expectations of harder times ahead
C)increases in the nation's population
D)changes in real disposable income

Question

Quizplus · Accepted Answer

An increase in the nation's population would likely lead to an increase in overall consumption, shifting the consumption function up, as more people generally means more consumption.

Which of the Following Would Be Expected to Shift the Consumption