A movement along the consumption function is the result of changes in
A) the real interest rate.
B) expected future income.
C) disposable income.
D) All of the above answers are correct.
Correct Answer:
Verified
Q21: There is a movement along the consumption
Q22: The slope of the consumption function is
A)
Q23: If real disposable income increases by $1500,
Q24: The consumption function shows how much
A) all
Q25: The relationship between consumption expenditure and disposable
Q27: An increase in expected future income .
A)
Q28: The consumption function relates consumption expenditure to
A)
Q29: The consumption function shows a
A) positive relationship
Q30: The consumption function relates the consumption expenditure
Q31: If disposable income increases,
A) the consumption function
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