There is a movement along the consumption function if there is .
A) an increase in disposable income
B) a decrease in the real interest rate
C) an increase in autonomous consumption
D) an increase in the expected future income
Correct Answer:
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Q16: In the very short term, planned investment
Q17: A consumption function shows a
A) negative (inverse)
Q18: According to the Keynesian theory, the typical
Q19: In the very short term, in the
Q20: Which of the following statements is FALSE?
A)
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
Q26: A movement along the consumption function is
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