Use the following to answer questions .
Exhibit: Consumption Functions
Figure 13-3 
-(Exhibit: Consumption Functions) Suppose the consumption function is given by curve C1. Which of the following will cause a downward shift to curve C1?
A) a stock market crash that decreases household wealth
B) a decrease in price level
C) an increase in withholding tax rate
D) rising optimism about economic conditions
Correct Answer:
Verified
Q67: If an economy is in equilibrium,
A) planned
Q68: Aggregate expenditures are the
A) sum of planned
Q69: Expenditures that vary with the level of
Q70: An increase in the wealth of households,
Q71: An increase in the price level, all
Q73: The slope of the aggregate expenditures curve
Q74: In a graph with real GDP on
Q75: The sum of planned levels of consumption,
Q76: In the summer of 2001, tax rebate
Q77: A downward shift in the consumption function
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