Solved

There Is a Movement Along the Consumption Function If There

Question 30

Multiple Choice

There is a movement along the consumption function if there is


A) an increase in autonomous consumption.
B) a decrease in the real interest rate.
C) an increase in the expected future income.
D) an increase in disposable income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q25: The graph of the consumption function has

Q26: _ consumption is consumption that will occur

Q27: Autonomous consumption is that portion of consumption

Q28: An increase in expected future income
A) decreases

Q29: Autonomous consumption
A) increases with income.
B) is independent

Q31: Autonomous consumption is equal to
A) saving when

Q32: -In the above</p></div><svg width=

Q33: The positive slope of the consumption function

Q34: If real disposable income increases by $1,500,

Q35: If disposable income increases
A) the consumption function

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents